The Europe Smart Trash Bin Market should witness market growth of 11.7% CAGR during the forecast period (2022-2028).
Overflowing trash cans seriously damage the environment, could hurt local communities, taint neighborhoods, and harm public health. Smart trashbin helps maintain a sustainable, cleanenvironment for the general public and makes waste collection and management incredibly convenient. Smart bins' waste collection method and optimum route reduce CO2 emissions while removing the possibility of overflowing. Municipalities can reduce their carbon impact and progress toward sustainable development goals (SDGs)by utilizing smart trashbins.
In cities, hundreds of thousands of bins are installed, and the waste management services send the trash collection truck to every bin to check the trash cans'fill levels, which is a very taxing and busy job. The smart bin uses the Internet of Things to alert facility managers of the bins fill levels. For example, the bin's state may be empty, halfway filled, filled, or overflowing, among other possibilities. As a result, the managers only dispatch the garbage pickup vehicles to empty the bins that are already full or overflowing. As a result, there is less traffic on the roads, CO2 emissions are reduced, and fuel consumption decreases.
This huge garbage production throughout the region has resulted in the decline of landfill space. Several European nations used incinerators, which are less popular since they generate excessive air pollution and dangerous waste. As a result, some European nations have started implementing systems to eliminate a lot of trash that would otherwise need to be burned or discarded. This has propagated the use and installation of smart trash bins throughout the region. Therefore, the rising government support for installing smart waste management systems has increased demand for smart trash bins and, thus, market growth.
The Germany market dominated the Europe Smart Trash Bin Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $8,817.1 Thousands by 2028. The UK market is anticipated to grow at a CAGR of 10.8% during (2022-2028). Additionally, The France market would experience a CAGR of 12.5% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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.
Overflowing trash cans seriously damage the environment, could hurt local communities, taint neighborhoods, and harm public health. Smart trashbin helps maintain a sustainable, cleanenvironment for the general public and makes waste collection and management incredibly convenient. Smart bins' waste collection method and optimum route reduce CO2 emissions while removing the possibility of overflowing. Municipalities can reduce their carbon impact and progress toward sustainable development goals (SDGs)by utilizing smart trashbins.
In cities, hundreds of thousands of bins are installed, and the waste management services send the trash collection truck to every bin to check the trash cans'fill levels, which is a very taxing and busy job. The smart bin uses the Internet of Things to alert facility managers of the bins fill levels. For example, the bin's state may be empty, halfway filled, filled, or overflowing, among other possibilities. As a result, the managers only dispatch the garbage pickup vehicles to empty the bins that are already full or overflowing. As a result, there is less traffic on the roads, CO2 emissions are reduced, and fuel consumption decreases.
This huge garbage production throughout the region has resulted in the decline of landfill space. Several European nations used incinerators, which are less popular since they generate excessive air pollution and dangerous waste. As a result, some European nations have started implementing systems to eliminate a lot of trash that would otherwise need to be burned or discarded. This has propagated the use and installation of smart trash bins throughout the region. Therefore, the rising government support for installing smart waste management systems has increased demand for smart trash bins and, thus, market growth.
The Germany market dominated the Europe Smart Trash Bin Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $8,817.1 Thousands by 2028. The UK market is anticipated to grow at a CAGR of 10.8% during (2022-2028). Additionally, The France market would experience a CAGR of 12.5% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
By End-User
- Commercial
- Residential
By Sales Channel
- Offline
- Online
By Capacity
- 14 to 23 gallon
- 8 to 13 gallon
- above 23 gallon
By Operation
- Automatic
- Semi-Automatic
By Compartment
- Multi-compartment
- Single-compartment
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- 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)
- Big Belly Solar, Inc.
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
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- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Europe Smart Trash Bin Market by End-User
Chapter 4. Europe Smart Trash Bin Market by Sales Channel
Chapter 5. Europe Smart Trash Bin Market by Capacity
Chapter 6. Europe Smart Trash Bin Market by Operation
Chapter 7. Europe Smart Trash Bin Market by Compartment
Chapter 8. Europe Smart Trash Bin Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- 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)
- Big Belly Solar, Inc.
Methodology
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