![]() The touch-free bin has a flap that opens automatically. For instance, in June 2020, Bin-e creates a contactless smart bin. The smart trash bin makes the waste management work easy and quick which supports the Americans in their busy work life which the adoption of smart trash bins in residential is increased which also led to the growth of the smart trash bin market across the globe. The North American region is expected to hold a prominent market share in the global smart trash bin market during the forecast period due to the high acceptance of technological advancement in this region. Geographically market is segmented into: North America, Europe, Asia Pacific, and the Rest of the World. Based on the application segment, the residential sub-segment is expected to hold a prominent share in the global smart trash bin market during the forecast period. Based on the application, the market is sub-segmented into residential, and commercial. Based on the technology, the market is segmented into image recognition, artificial intelligence, and the internet of things (IoT). Based on the type, the market is segmented into sensor trash, automatic motion trash, and waste tracking. The global smart trash bin market is segmented based on type, technology, and application. The device comes with a price tag of 129 yuan ($19). For instance, in May 2019, Xiaomi launched the Ninestars Smart sensor trash can packing a smart induction technology and one-button smart control, adjustable distance, silent opening, and closing, and lasting battery life. Due to increased demand and usage of smart trash bins, many companies have entered into global smart trash bin market. The decreased dependency on houses helps people and makes the waste management process simpler, the smart trash bin market witnessed growth during the forecast period. The rising dependency of people on smart devices is reducing manpower requirements to handle the garbage collection process which is driving the growth of the smart trash bin market across the globe. ![]() The global smart trash bin market is anticipated to grow at a considerable CAGR of 8.2% during the forecast period. ![]() Title:Global Smart Trash Bin Market Size, Share &Trends Analysis Report by Type (Sensor Trash, Automatic Motion Trash, and Waste Tracking), by Technology (Image Recognition, Artificial Intelligence, and Internet of Things (IoT)), and By Application (Residential, and Commercial) Forecast (2022-2028). ![]()
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