Smart Trash Bin Market to Witness Robust Expansion by 2029

The global smart trash bin market is anticipated to grow at a considerable CAGR of 8.2% during the forecast period. The changing lifestyle and growing urbanized population are driving the growth of the smart trash bin market across the globe. People are more attracted to modern household appliances which made their house look modern and also advanced technology also made their work easy and quick which is the major factor that is driving the growth of the global smart trash bin market during the forecast period. The consumption of smart trash bins is increasing in residential areas. Many companies are using artificial intelligence technology in smart trash bins to make them a bit more convenient to use and technologically advanced. The rising demand for artificial intelligence technology among the people made many key players implement AI in their smart trash bins. 

The demand for AI-based trash bins is not only rising in residential areas but the government is also willingly using AI technology to keep the surroundings clean and healthy. For instance, in January 2020, Kitro introduced an AI rubbish bin. Kitro's smart food bin records everything that's thrown into it. The camera and AI system provide a detailed picture of waste. It could cut food waste by 40%, according to its makers. Moreover, in May 2019, San Francisco signed an agreement with Nordsense, an artificial intelligence (AI)-based waste management Technology Company based in Sunnyvale, Calif., to install 1,000 multi-point reference sensors in trash bins along major commercial corridors. Additionally, in March 2019, Winnow Vision launched an AI-powered bin that aims to cut down on food waste. Winnow Vision uses a camera and smart scales to keep track of what types of food are being thrown away too often, helping restaurants to save money, and the environment.

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Market Coverage

The market number available for - 2021-2029
Base year- 2021
Forecast period- 2023-2029

Segment Covered- 

By Type
By Technology
By Applications

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape - iTouchless Housewares and Products Inc., Honey-Can-Do International, LLC, Busch Systems International Inc., Nine Stars Group (USA) Inc., The EKO Group, and others.

A full Report of Smart Trash Bin Market is Available @  https://www.omrglobal.com/industry-reports/smart-trash-bin-market

Smart Trash Bin Market Report Segment

By Type

Sensor Trash
Automatic Motion Trash
Waste Tracking

By Technology

Image Recognition
Artificial Intelligence
Internet of Things (IoT)

By Application

Residential
Commercial 

Smart Trash Bin Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Company Profiles

Ausko Pte Ltd.
Brabantia
Busch Systems International Inc.
Ecube Labs
Enevo Oy
Glasdon International Ltd.
Home Depot
Honey-Can-Do International, LLC
iTouchless Housewares and Products Inc.
The EKO Group
Newell Brands, Inc. (Rubbermaid)
Nine Stars Group (USA) Inc.
Simplehuman

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