SMART WASTE MARKET TO TRIPLE

Smart Waste; Advanced Collection, Processing, Energy Recovery, and Disposal Technologies for the Municipal Solid Waste Value Chain: Global Market Analysis and Forecasts

2Q 2014 (Navigant Research)

“…In developed economies, tightening regulations around the disposal of waste and the increasing cost of landfilling are driving demand for innovative solutions across the municipal solid waste (MSW) value chain. In developing economies, the focus is on building out basic infrastructure in the face of rapid urbanization and rising levels of affluence…[E]merging smart technologies offer the opportunity to enhance MSW collection, generate renewable energy, and optimize the environmental performance of landfills…The emerging smart waste market is expected to grow rapidly over the next decade…Europe and North America are the most mature markets…Asia Pacific is expected to see its share…more than double between 2014 and 2023. Smart energy recovery, which includes facilities like incineration plants, landfill gas capture projects, and advanced biorefineries, is the most mature smart waste segment. Yet, high capital costs and the localized focus of waste management services remain key impediments…Navigant Research forecasts that annual smart MSW technology revenue will grow from $2.3 billion in 2014 to $6.5 billion in 2023…” click here for more

click to enlarge

Tweet