The Europe Smart Waste Management Market would witness market growth of 14.9% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Smart Waste Management Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $468.5 million by 2031. The UK market is exhibiting a CAGR of 13.9% during (2024 - 2031). Additionally, The France market would experience a CAGR of 15.9% during (2024 - 2031).
One of the primary drivers of the market is the escalating waste generation. Traditional methods, which often rely on fixed schedules and routes for waste collection, are inefficient and contribute to higher operational costs and increased greenhouse gas emissions.
In contrast, smart waste management systems employ IoT-enabled sensors that monitor the fill levels of waste bins in real time. These sensors communicate data to a centralized platform, which uses AI and data analytics to determine the most efficient collection routes. Cities can substantially reduce fuel consumption, lower emissions, and reduce labor costs by optimizing the routes of collection vehicles and collecting waste only when bins are full.
In Italy, significant investments and national initiatives to improve waste management practices drive the increasing demand for smart waste management. The Italian National Institute for Environmental Protection and Research (ISPRA) reports that Italy's recycling rate was around 50% in 2019. Italy has invested in smart waste collection systems and advanced recycling technologies. Cities like Milan have implemented IoT-enabled waste bins and data-driven collection systems to optimize waste management operations.
The Italian government has also introduced policies to support the circular economy, including incentives for companies that adopt sustainable waste management practices. Initiatives such as the "Waste Watcher" program use smart bins and mobile apps to provide real-time feedback to residents on their recycling performance, enhancing public participation and recycling rates. These initiatives, which are bolstered by government regulations and funding, are indispensable for the advancement of Europe's smart waste management market and the implementation of sustainable waste management practices.
Free Valuable Insights: The Global Smart Waste Management Market will Hit USD 6.5 Billion by 2031, at a CAGR of 15.3%
Based on Source, the market is segmented into Residential, Industrial, and Commercial. Based on Method, the market is segmented into Smart Collection, Smart Processing and Smart Disposal. Based on Waste Type, the market is segmented into Solid Waste, E-Waste, and Special Waste. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Sensoneo j.s.a.
- Reworld Waste, LLC
- Redwave (BT-Wolfgang Binder GmbH)
- Suez S.A.
- Ecube Labs
- Big Belly Solar, Inc.
- Waste Management, Inc.
- Republic Services, Inc. (Cascade Investment Group, Inc.)
- Veolia Environnement S.A.
Europe Smart Waste Management Market Report Segmentation
By Source
- Residential
- Industrial
- Commercial
By Method
- Smart Collection
- Smart Processing
- Smart Disposal
By Waste Type
- Solid Waste
- E-Waste
- Special Waste
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
TABLE 1 Europe Smart Waste Management Market, 2020 - 2023, USD Million
TABLE 2 Europe Smart Waste Management Market, 2024 - 2031, USD Million
TABLE 3 Europe Smart Waste Management Market by Source, 2020 - 2023, USD Million
TABLE 4 Europe Smart Waste Management Market by Source, 2024 - 2031, USD Million
TABLE 5 Europe Residential Market by Country, 2020 - 2023, USD Million
TABLE 6 Europe Residential Market by Country, 2024 - 2031, USD Million
TABLE 7 Europe Industrial Market by Country, 2020 - 2023, USD Million
TABLE 8 Europe Industrial Market by Country, 2024 - 2031, USD Million
TABLE 9 Europe Commercial Market by Country, 2020 - 2023, USD Million
TABLE 10 Europe Commercial Market by Country, 2024 - 2031, USD Million
TABLE 11 Europe Smart Waste Management Market by Method, 2020 - 2023, USD Million
TABLE 12 Europe Smart Waste Management Market by Method, 2024 - 2031, USD Million
TABLE 13 Europe Smart Collection Market by Country, 2020 - 2023, USD Million
TABLE 14 Europe Smart Collection Market by Country, 2024 - 2031, USD Million
TABLE 15 Europe Smart Processing Market by Country, 2020 - 2023, USD Million
TABLE 16 Europe Smart Processing Market by Country, 2024 - 2031, USD Million
TABLE 17 Europe Smart Disposal Market by Country, 2020 - 2023, USD Million
TABLE 18 Europe Smart Disposal Market by Country, 2024 - 2031, USD Million
TABLE 19 Europe Smart Waste Management Market by Waste Type, 2020 - 2023, USD Million
TABLE 20 Europe Smart Waste Management Market by Waste Type, 2024 - 2031, USD Million
TABLE 21 Europe Solid Waste Market by Country, 2020 - 2023, USD Million
TABLE 22 Europe Solid Waste Market by Country, 2024 - 2031, USD Million
TABLE 23 Europe E-Waste Market by Country, 2020 - 2023, USD Million
TABLE 24 Europe E-Waste Market by Country, 2024 - 2031, USD Million
TABLE 25 Europe Special Waste Market by Country, 2020 - 2023, USD Million
TABLE 26 Europe Special Waste Market by Country, 2024 - 2031, USD Million
TABLE 27 Europe Smart Waste Management Market by Country, 2020 - 2023, USD Million
TABLE 28 Europe Smart Waste Management Market by Country, 2024 - 2031, USD Million
TABLE 29 Germany Smart Waste Management Market, 2020 - 2023, USD Million
TABLE 30 Germany Smart Waste Management Market, 2024 - 2031, USD Million
TABLE 31 Germany Smart Waste Management Market by Source, 2020 - 2023, USD Million
TABLE 32 Germany Smart Waste Management Market by Source, 2024 - 2031, USD Million
TABLE 33 Germany Smart Waste Management Market by Method, 2020 - 2023, USD Million
TABLE 34 Germany Smart Waste Management Market by Method, 2024 - 2031, USD Million
TABLE 35 Germany Smart Waste Management Market by Waste Type, 2020 - 2023, USD Million
TABLE 36 Germany Smart Waste Management Market by Waste Type, 2024 - 2031, USD Million
TABLE 37 UK Smart Waste Management Market, 2020 - 2023, USD Million
TABLE 38 UK Smart Waste Management Market, 2024 - 2031, USD Million
TABLE 39 UK Smart Waste Management Market by Source, 2020 - 2023, USD Million
TABLE 40 UK Smart Waste Management Market by Source, 2024 - 2031, USD Million
TABLE 41 UK Smart Waste Management Market by Method, 2020 - 2023, USD Million
TABLE 42 UK Smart Waste Management Market by Method, 2024 - 2031, USD Million
TABLE 43 UK Smart Waste Management Market by Waste Type, 2020 - 2023, USD Million
TABLE 44 UK Smart Waste Management Market by Waste Type, 2024 - 2031, USD Million
TABLE 45 France Smart Waste Management Market, 2020 - 2023, USD Million
TABLE 46 France Smart Waste Management Market, 2024 - 2031, USD Million
TABLE 47 France Smart Waste Management Market by Source, 2020 - 2023, USD Million
TABLE 48 France Smart Waste Management Market by Source, 2024 - 2031, USD Million
TABLE 49 France Smart Waste Management Market by Method, 2020 - 2023, USD Million
TABLE 50 France Smart Waste Management Market by Method, 2024 - 2031, USD Million
TABLE 51 France Smart Waste Management Market by Waste Type, 2020 - 2023, USD Million
TABLE 52 France Smart Waste Management Market by Waste Type, 2024 - 2031, USD Million
TABLE 53 Russia Smart Waste Management Market, 2020 - 2023, USD Million
TABLE 54 Russia Smart Waste Management Market, 2024 - 2031, USD Million
TABLE 55 Russia Smart Waste Management Market by Source, 2020 - 2023, USD Million
TABLE 56 Russia Smart Waste Management Market by Source, 2024 - 2031, USD Million
TABLE 57 Russia Smart Waste Management Market by Method, 2020 - 2023, USD Million
TABLE 58 Russia Smart Waste Management Market by Method, 2024 - 2031, USD Million
TABLE 59 Russia Smart Waste Management Market by Waste Type, 2020 - 2023, USD Million
TABLE 60 Russia Smart Waste Management Market by Waste Type, 2024 - 2031, USD Million
TABLE 61 Spain Smart Waste Management Market, 2020 - 2023, USD Million
TABLE 62 Spain Smart Waste Management Market, 2024 - 2031, USD Million
TABLE 63 Spain Smart Waste Management Market by Source, 2020 - 2023, USD Million
TABLE 64 Spain Smart Waste Management Market by Source, 2024 - 2031, USD Million
TABLE 65 Spain Smart Waste Management Market by Method, 2020 - 2023, USD Million
TABLE 66 Spain Smart Waste Management Market by Method, 2024 - 2031, USD Million
TABLE 67 Spain Smart Waste Management Market by Waste Type, 2020 - 2023, USD Million
TABLE 68 Spain Smart Waste Management Market by Waste Type, 2024 - 2031, USD Million
TABLE 69 Italy Smart Waste Management Market, 2020 - 2023, USD Million
TABLE 70 Italy Smart Waste Management Market, 2024 - 2031, USD Million
TABLE 71 Italy Smart Waste Management Market by Source, 2020 - 2023, USD Million
TABLE 72 Italy Smart Waste Management Market by Source, 2024 - 2031, USD Million
TABLE 73 Italy Smart Waste Management Market by Method, 2020 - 2023, USD Million
TABLE 74 Italy Smart Waste Management Market by Method, 2024 - 2031, USD Million
TABLE 75 Italy Smart Waste Management Market by Waste Type, 2020 - 2023, USD Million
TABLE 76 Italy Smart Waste Management Market by Waste Type, 2024 - 2031, USD Million
TABLE 77 Rest of Europe Smart Waste Management Market, 2020 - 2023, USD Million
TABLE 78 Rest of Europe Smart Waste Management Market, 2024 - 2031, USD Million
TABLE 79 Rest of Europe Smart Waste Management Market by Source, 2020 - 2023, USD Million
TABLE 80 Rest of Europe Smart Waste Management Market by Source, 2024 - 2031, USD Million
TABLE 81 Rest of Europe Smart Waste Management Market by Method, 2020 - 2023, USD Million
TABLE 82 Rest of Europe Smart Waste Management Market by Method, 2024 - 2031, USD Million
TABLE 83 Rest of Europe Smart Waste Management Market by Waste Type, 2020 - 2023, USD Million
TABLE 84 Rest of Europe Smart Waste Management Market by Waste Type, 2024 - 2031, USD Million
TABLE 85 Key Information – Sensoneo j.s.a.
TABLE 86 Key Information – Reworld Waste, LLC
TABLE 87 Key Information – Redwave
TABLE 88 Key Information – Suez S.A.
TABLE 89 Key Information – Waste Management, Inc.
TABLE 90 Key Information – REPUBLIC SERVICES, INC.
TABLE 91 Key Information – Veolia Environnement S.A.
TABLE 92 Key Information – Ecube Labs
TABLE 93 Key Information – Big Belly Solar, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Smart Waste Management Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Smart Waste Management Market
FIG 4 Porter’s Five Forces Analysis – Smart Waste Management Market
FIG 5 Europe Smart Waste Management Market share by Source, 2023
FIG 6 Europe Smart Waste Management Market share by Source, 2031
FIG 7 Europe Smart Waste Management Market by Source, 2020 - 2031, USD Million
FIG 8 Europe Smart Waste Management Market share by Method, 2023
FIG 9 Europe Smart Waste Management Market share by Method, 2031
FIG 10 Europe Smart Waste Management Market by Method, 2020 - 2031, USD Million
FIG 11 Europe Smart Waste Management Market share by Waste Type, 2023
FIG 12 Europe Smart Waste Management Market share by Waste Type, 2031
FIG 13 Europe Smart Waste Management Market by Waste Type, 2020 - 2031, USD Million
FIG 14 Europe Smart Waste Management Market share by Country, 2023
FIG 15 Europe Smart Waste Management Market share by Country, 2031
FIG 16 Europe Smart Waste Management Market by Country, 2020 - 2031, USD Million
FIG 17 SWOT Analysis: Waste Management, Inc.
FIG 18 SWOT Analysis: Republic Services, Inc.
FIG 19 SWOT Analysis: Veolia Environnement S.A.