Global Smart Trash Bin Market 2020-2024
Technavio has been monitoring the smart trash bin market and it is poised to grow by $ 75.44 mn during 2020-2024 progressing at a CAGR of 5% during the forecast period. Our report on smart trash bin market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the convenience offered by touchless trash bins and smart cities and efficient waste management systems. In addition, convenience offered by touchless trash bins is anticipated to boost the growth of the market as well.
The smart trash bin market analysis includes end-user segment and geographical landscapes.
Technavio's smart trash bin market is segmented as below:
By Geographical Landscapes
- North America
- South America
This study identifies the growing investment in installation of smart trash bins as one of the prime reasons driving the smart trash bin market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on smart trash bin market covers the following areas:
- Smart trash bin market sizing
- Smart trash bin market forecast
- Smart trash bin market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart trash bin market vendors that include Ausko Pte Ltd., Busch Systems International Inc., EKOUSA, Enevo Oy, HANGSHAU Houseware Co. Ltd., Honey-Can-Do, iTouchless Housewares & Products Inc., Nine Stars Group (USA), Simplehuman, and Spectrum Brands Holdings Inc. Also, the smart trash bin market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.