MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Written by / Agency / Source: Frost & Sullivan
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Smart Bins Find Rising Adoption Driven by Innovative Technologies that Improve Costs and Efficiency Finds Frost & Sullivan - Collaborations with technology developers to help bin manufacturers offer a complete smart waste solution, finds Frost & Sullivan - Frost.com
Smart Bins Find Rising Adoption Driven by Innovative Technologies that Improve Costs and Efficiency Finds Frost & Sullivan

 

NewswireToday - /newswire/ - Santa Clara, CA, United States, 2020/01/24 - Collaborations with technology developers to help bin manufacturers offer a complete smart waste solution, finds Frost & Sullivan - Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Environment / Recycle Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Smart waste management through the installation of smart waste bins is expected to improve the efficiency of waste collection, transportation, and recycling of waste. As sensor-enabled bins communicate the level of waste in them, they can reduce the number of trips haulers need to make, lowering costs and greenhouse gas emissions. The $278.8 million market is expected to grow at a compound annual growth rate (CAGR) of 64.1% to touch $5.42 billion in 2025.

“Innovative treatment technologies, such as self-sorting bins, solar-powered compactors, and recyclable eWaste bins, are becoming viable solutions and hold great business potential,” said Deepthi Kumar Sugumar, Senior Research Analyst, Energy & Environment. “Cities will increasingly refurbish traditional bins by affixing sensors on them to convert them into smart bins. Emerging markets such as India, China, and Australia are especially proving strong markets for technology firms.”

Frost & Sullivan’s recent analysis, Growth Opportunities in the Global Internet of Bins Market, Forecast to 2025, examines new business models and disruptive technologies and solutions in the market. It forecasts the revenue shares of semi-underground containers, four-wheeled and front-end loaders, litter bins, underground containers, smart compactors, bins for commercial buildings, and other containers in the geographic regions of Europe, the Americas, Asia-Pacific (APAC), and the Middle East and Africa (MEA).

“Europe is a pioneer in smart waste management with about 72% of the market share. This strong growth is due to financial constraints of cities and the need for alternatives to reduce waste collection costs,” noted Sugumar. “Other factors include a circular economy, collection and recycling targets, and government initiatives. Companies looking to tap opportunities in medium and smaller cities will aim to develop affordable and innovative Internet of Things solutions that can be customized to their needs.”

To gain a competitive edge in the market, smart bin companies need to make the most of the growth opportunities presented by:

• Providing value-added services like cleaning and maintenance, on-site waste audits, and partnering with other solution providers to develop a complete smart waste infrastructure package.
• Adopting performance-based financial business models to encourage capital investments.
• Expanding in regions that are rapidly urbanizing and generating a high volume of waste.
• Partnering with solution providers for effective design, installation, and distribution of smart devices.
• Offering accessories such as CCTV cameras for security, LED displays screening waste data, different sensors for events like tilt and fire, and remote configuration for customers.
• Developing different product lines, especially for enhancing the entire value chain. For instance, Big Data platform providers can also present basic-level sensors and image recognition technologies.
• Launching new platforms that can manage the data generated by any connected smart bin device and convey information about the usage and performance of the device.

Growth Opportunities in the Global Internet of Bins Market, Forecast to 2025 is part of Frost & Sullivan’s global Environment & Water Growth Partnership Service program.

About Frost & Sullivan

For over five decades, Frost & Sullivan (frost.com) has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Growth Opportunities in the Global Internet of Bins Market, Forecast to 2025 / ME0D-15

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Environment / Recycle Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Environment / Recycle articles,
CATCH Visitors via Your Competitors Announcements!


Smart Bins Find Rising Adoption Driven by Innovative Technologies that Improve Costs and Efficiency Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Jaylon Brinkley - Frost.com 
210-247-2481 jaylon.brinkley[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Environment / Recycle via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Environment / Recycle Most Recent Related Newswires:

NEC Platforms Provides Highly Functional Bioplastic, 'NeCycle,' Helping to Solve Environmental Issues such as Marine Plastic Waste
The European Project Life-PIAQUO, Led by Naval Group, is Finalist of the Blue Challenge Award Organized by The Pôle Mer Bretagne Atlantique
SGTech Commended for its Game-changing and Sustainable Livestock Waste Management Solution - The Integrated Ecosystem Solution
Mondi Positions itself to Become One of the Leading Suppliers of Premium Recycled Paper with its NAUTILUS® Brand
Yokogawa Signs Investment and Partnership Agreement with JEPLAN, Developer of an Innovative Chemical Recycling Technology
Global Electric Vehicle Sales Increase with Implementation of Stringent Emission Norms Says Frost & Sullivan
Combat Water Shortages with Membrane Elements from LANXESS
envelio Commended by Frost & Sullivan for Addressing a Range of Technical Processes in the Distribution Grid with its Intelligent Grid Platform
DSM Announces Partnership with SABIC and UPM Biofuels to Create Bio-based Dyneema®
BioLargo Water Applauded by Frost & Sullivan for Delivering an Outstanding Disinfection and Treatment Solution with its Advanced Oxidation System
Analytics-based Water Solutions that Aid in Smart Asset Management to Maximize Economic and Environmental Sustainability
Water Agencies to Leverage Smart Grid Technology for Higher Revenue Opportunities in Developed Asia-Pacific Countries Notes Frost & Sullivan
Alstom Attains Score of 'A-' in CDP 2019 Climate Change Ranking
LANXESS Honored by CDP for Climate Protection
Veolia Steps up Hazardous Waste Business in North America

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Digital45 | Studio45 IT Services (P) Ltd

Visit  BizJobs.com





 
  ©2020 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)