Research from Berg Insight forecasts that rapid adoption of smart waste sensors will result in 29.8% annual growth through 2025.
Cities around the world are rapidly-adopting smart waste sensors to help manage resources, optimise collections, and reduce cases of unsightly (and often smelly) overflowing bins.
The wireless sensors are increasingly being pre-integrated into waste bins but existing units can also be retrofitted. By 2025, the number of smart bins is expected to reach 2.4 million.
Levi Ostling, Smart Cities Analyst at Berg Insight, said:
“While the early days of the industry focused primarily on the deployment of the fill-level sensor technology itself, it is now clear that the sophistication and breadth of the accompanying software is becoming a key success factor in the smart waste sensor technology market.”
Smart bins are primarily reliant on cellular networks, accounting for three quarters of the connected waste collection points in 2020.
“Cellular LPWA (NB-IoT and LTE-M) is expected to surpass conventional cellular 2G/3G/4G technologies as the leading connectivity type for smart waste sensors in 2023 and hit the milestone of one million connected endpoints during 2025,” added Mr Ostling.
Europe is the leading adopter of smart waste sensors with more than 50 percent of the global install base. Countries such as the UK, France, Spain, and the Nordics are currently in the lead.
However, countries outside Europe are growing more rapidly with the rest of the world (excluding China) growing at a rate of 36.5 percent and expected to reach a total of more than half a million installed sensors in 2025.
Compology, a US-based vendor of smart waste sensors, has emerged as the leading global supplier. The company accounted for around 22 percent of the total installed base (excluding China) at the end of 2020.
Research from Berg Insight forecasts that rapid adoption of smart waste sensors will result in 29.8% annual growth through 2025.
Cities around the world are rapidly-adopting smart waste sensors to help manage resources, optimise collections, and reduce cases of unsightly (and often smelly) overflowing bins.
The wireless sensors are increasingly being pre-integrated into waste bins but existing units can also be retrofitted. By 2025, the number of smart bins is expected to reach 2.4 million.
Levi Ostling, Smart Cities Analyst at Berg Insight, said:
“While the early days of the industry focused primarily on the deployment of the fill-level sensor technology itself, it is now clear that the sophistication and breadth of the accompanying software is becoming a key success factor in the smart waste sensor technology market.”
Smart bins are primarily reliant on cellular networks, accounting for three quarters of the connected waste collection points in 2020.
“Cellular LPWA (NB-IoT and LTE-M) is expected to surpass conventional cellular 2G/3G/4G technologies as the leading connectivity type for smart waste sensors in 2023 and hit the milestone of one million connected endpoints during 2025,” added Mr Ostling.
Europe is the leading adopter of smart waste sensors with more than 50 percent of the global install base. Countries such as the UK, France, Spain, and the Nordics are currently in the lead.
However, countries outside Europe are growing more rapidly with the rest of the world (excluding China) growing at a rate of 36.5 percent and expected to reach a total of more than half a million installed sensors in 2025.
Compology, a US-based vendor of smart waste sensors, has emerged as the leading global supplier. The company accounted for around 22 percent of the total installed base (excluding China) at the end of 2020.
Smart bin provider Bigbelly, which is also US-based, takes second place. Rounding out the top three is Finnish smart waste sensor and software specialist Enevo.
Completing the top 10 smart waste solutions vendors are:
Waste Vision from the Netherlands
BH Technologies and the SUEZ subsidiary Sigrenea from France
Sensoneo from Slovakia
TST Sistemas from Spain
Evreka from Turkey
Ecube Labs from South Korea
The leading ten vendors account for approximately 50 percent of the global installed base of waste collection points featuring smart waste sensor technology.
You can find out how to purchase Berg Insights’ full Smart Cities: Connected Public Spaces report here (PDF)
(Source: IoT News Berg Insight: Smart waste sensor market to grow 29.8% annually through 2025 (iottechnews.com)
Chinese
Japanese
Korean
