FMI: Smart Waste Management Market Analysis, Segments, Growth and Value Chain 2015-2025
The evolution of solid waste is a major threat to community and environment and at the same time can be useful as strategic renewable resource. Municipal waste remains a foreseeable by-product of civilization and a main target for advancement in technology. Meanwhile, the waste management market is entering a period of active change as the total volume of waste generated is estimated to grow from 1.5 billion tons in 2014 to 2.3 billion tons by the end of 2025. Smart waste management helps to reduce the overall transport and collection cost of waste management by almost 50%. Smart waste management denotes the management of waste generated from residential buildings, houses, streets, commercial buildings, public places, hospitals and other institutions. Smart waste management uses smart technologies such as a Radio Frequency Identification (RFID) disposal tags, vacuum containers, sensor containers, which provide real time fill measurement of solid municipal waste.
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