Rising Requirements for Skilled Manpower Accelerating Growth in the Global Municipal Solid Waste Management Market: Technavio Report

Renewable energy

 

London, 21 October 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Municipal Solid Waste Management Market 2014-2018, which is expected to grow at a CAGR of 8.73 percent during the forecast period of 2013-2018.

“Sustainable planning and urban design, monitoring waste disposal and reduction programs, alternative/sustainable transportation are some of the new activities in the field of waste management,” says Faisal Ghaus, Vice President of TechNavio.

“In the current Waste Management industry, there is a noticeable shift from the demand for manual labor to the demand for more educated individuals who have leadership skills and the wide-ranging expertise essential for management positions.”

Key Market Drivers

  • Growing Environmental and Health Concerns
  • Stringent Government Regulations and Legislative Pressure
  • Increase in Number of Recycling Techniques

Key Market Trends

  • Increase in Demand for Skilled Manpower
  • Greater Public Awareness toward Waste Management
  • Advances in Technology in Waste Management Process

Key Market Vendors

  • Clean Harbors Inc.
  • Covanta Energy Corp.
  • Republic Services Inc.
  • Waste Connections, Inc.
  • Waste Management Inc.

To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

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