North America Smart Trash Bin Market Size, Share & Industry Trends Analysis Report By End-User (Commercial and Residential), By Sales Channel, By Capacity, By Operation (Automatic and Semi-Automatic), By Compartment, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The North America Smart Trash Bin Market would witness market growth of 11.5% CAGR during the forecast period (2022-2028).
Smart trash bins are becoming increasingly popular as they offer a variety of functionalities, like identification of the waste type, their location, bins' fill level, temperature, etc., all through a single platform that a user can access remotely, making the waste disposal process more efficient and smooth. The information gathered from the smart trash bins allows the smart application to display a more practical route.
Garbage trucks utilize this program to go to the filled bins, cutting travel time and traffic congestion. Also, it is unnecessary to dispatch workers to check the bin's fill levels owing to remote diagnostic and IoT. More waste is produced daily, and cities are committing more effort to waste collection. Waste management costs are reduced because of smart trash bins. The cities can then commit money to other crucial projects. Hence it's safe to say that using smart bins may result in time and money savings.
San Francisco State officials declared their intentions to replace approximately 3000 outdated garbage bins with smart trash bins in August 2022. In order to allow users to respond to inquiries about specific garbage cans, the new smart trash bins have features like QR codes. Also, the city has produced interactive maps so that citizens can track and evaluate the various trash can designs. Similar efforts are being made in other big cities to make the collection, treatment, as well as disposal of waste simple and extremely effective. For instance, a small Canadian community named Ste-Anne-de Bellevue stated in March 2022 that it would use a smart waste collection system. Therefore, during the forecast period, these trends are anticipated to aid in the market's expansion.
The US market dominated the North America Smart Trash Bin Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $29,236.1 Thousands by 2028. The Canada market is poised to grow at a CAGR of 14% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 13% during (2022 - 2028).
Based on End-User, the market is segmented into Commercial and Residential. Based on Sales Channel, the market is segmented into Offline and Online. Based on Capacity, the market is segmented into 14 to 23 gallon, 8 to 13 gallon and above 23 gallon. Based on Operation, the market is segmented into Automatic and Semi-Automatic. Based on Compartment, the market is segmented into Multi-compartment and Single-compartment. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Smart Trash Bin Market is Projected to reach USD 125.4 Million by 2028, at a CAGR of 12.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ausko Pte Ltd, iTouchless Housewares and Products, Inc., Ecube Labs, Simplehuman, EKO North America, EvoEco, CleanRobotics Technologies, Inc., Home Depot, Inc., Sensortec s.r.o. (Binology.com), and Big Belly Solar, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Sales Channel
- 14 to 23 gallon
- 8 to 13 gallon
- above 23 gallon
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Ausko Pte Ltd
- iTouchless Housewares and Products, Inc.
- Ecube Labs
- EKO North America
- CleanRobotics Technologies, Inc.
- Home Depot, Inc.
- Sensortec s.r.o. (Binology.com)
- Big Belly Solar, Inc.
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