Market Overview:
The global intelligent waste sorting bins market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing awareness about waste segregation and the rising need for sustainable solutions for waste management. Additionally, the growing demand for smart city initiatives is also propelling the growth of this market. The global intelligent waste sorting bins market can be segmented on the basis of type into video recognition, QR code recognition, and other types. The video recognition segment is expected to hold a major share of this market during the forecast period owing to its ability to detect different types of wastes with high accuracy. On the basis of application, community accounted for a majority share in 2017 and is projected to maintain its dominance duringthe forecast period. This can be attributedto th egrowing needfor sustainability initiatives across various sectors such as residential, commercial, and industrial establishments .
Product Definition:
Intelligent waste sorting bins are a type of waste bin that is specifically designed to help make the process of sorting waste easier. These bins typically have different sections for different types of waste, such as recyclable materials, food scraps, and general trash. This can help to make it easier for people to sort their trash correctly and recycle more items.
Video Recognition:
Video recognition is the technology that enables cameras to identify objects and people. It has gained popularity in recent years due to its ability to detect faces, license plates, and patterns in the environment. Waste sorting bins are an ideal application for video recognition technology as they can be equipped with a number of sensors including temperature, pressure, motion and sound sensors among others. These additional features help waste management companies track garbage disposal activities in real-time thereby helping them reduce operating costs significantly.
QR Code Recognition:
QR code is a type of barcode which can be used to store and preserve data. It contains certain patterns which can be read by mobile devices with the help of camera and software. These codes or QR codes are used in various applications such as food & beverage, automotive, pharmaceuticals, electronics etc. to track inventory items for marketing purposes or for error correction during processing operations.
The bins designed for industrial use have special features such as high durability.
Application Insights:
The other application segment includes corporate, shopping center and industrial. The use of intelligent waste sorting bins in shopping centers has become a trend to clear the trash generated during the day time hours. These smart bins can be used at multiple locations within a same mall as well as across different malls. Additionally, these smart bins can also be used at hotels and hospitals where there is heavy traffic of visitors and patients that generate large amount of garbage daily.
The hotel application segment accounted for more than 30% market share in 2017 owing to the implementation of such systems by major hotel chains including Hyatt Corporation, Marriot International Group Inc., Taj Group etc. Intelligent waste sorting bin helps maintain cleanliness inside hotels along with outside areas like lobby, hallways etc., which is expected to drive their adoption over next few years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing adoption of intelligent waste sorting bins in countries, such as Canada and U.S., coupled with growing awareness about environment protection and recycling activities across these countries.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising disposable income levels among consumers, especially in developing economies including China.
The European market was valued at USD X million in 2017 owing to high concentration of retail stores that accept smart garbage cans/bins developed by various companies operating within Europe’s borders such as Avantor Corporation (U.S.
Growth Factors:
- Increasing awareness about the benefits of intelligent waste sorting bins among consumers and municipalities
- Rising disposable income of consumers, which is encouraging them to invest in high-quality and innovative products such as intelligent waste sorting bins
- Growing demand for sustainable and environment-friendly products across the globe
- Proliferation of online retail platforms that are offering a wide range of intelligent waste sorting bins at competitive prices
- Increasing number of public-private partnerships between municipalities and companies manufacturing these bins, to promote the adoption of these systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Intelligent Waste Sorting Bins Market Research Report
By Type
Video Recognition, QR Code Recognition, Other
By Application
Community, Hotel, Hospital, Shopping Center, Other
By Companies
Intuitive AI, DECISION, Haoyu Jiaotong, Ecube Labs, Bin.E, ZenRobotics Ltd., Rubbermaid, Continental Commercial Products, Oktagon Engineering, Komwag, Intuitive AI, ASVEL, Kinbata, Arlau Civic Equipment Manufacturing Co., Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Intelligent Waste Sorting Bins Market Report Segments:
The global Intelligent Waste Sorting Bins market is segmented on the basis of:
Types
Video Recognition, QR Code Recognition, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Community, Hotel, Hospital, Shopping Center, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Intuitive AI
- DECISION
- Haoyu Jiaotong
- Ecube Labs
- Bin.E
- ZenRobotics Ltd.
- Rubbermaid
- Continental Commercial Products
- Oktagon Engineering
- Komwag
- Intuitive AI
- ASVEL
- Kinbata
- Arlau Civic Equipment Manufacturing Co., Ltd
Highlights of The Intelligent Waste Sorting Bins Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Video Recognition
- QR Code Recognition
- Other
- By Application:
- Community
- Hotel
- Hospital
- Shopping Center
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Intelligent Waste Sorting Bins Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Intelligent waste sorting bins are a type of waste management system that can automatically sort recyclable materials from non-recyclable materials. This system helps to reduce the amount of garbage that needs to be collected and disposed, which in turn reduces environmental impact and saves money.
Some of the key players operating in the intelligent waste sorting bins market are Intuitive AI, DECISION, Haoyu Jiaotong, Ecube Labs, Bin.E, ZenRobotics Ltd., Rubbermaid, Continental Commercial Products, Oktagon Engineering, Komwag, Intuitive AI, ASVEL, Kinbata, Arlau Civic Equipment Manufacturing Co., Ltd.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Intelligent Waste Sorting Bins Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Intelligent Waste Sorting Bins Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Intelligent Waste Sorting Bins Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Intelligent Waste Sorting Bins Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Intelligent Waste Sorting Bins Market Size & Forecast, 2018-2028
4.5.1 Intelligent Waste Sorting Bins Market Size and Y-o-Y Growth
4.5.2 Intelligent Waste Sorting Bins Market Absolute $ Opportunity
Chapter 5 Global Intelligent Waste Sorting Bins Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Intelligent Waste Sorting Bins Market Size Forecast by Type
5.2.1 Video Recognition
5.2.2 QR Code Recognition
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Intelligent Waste Sorting Bins Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Intelligent Waste Sorting Bins Market Size Forecast by Applications
6.2.1 Community
6.2.2 Hotel
6.2.3 Hospital
6.2.4 Shopping Center
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Intelligent Waste Sorting Bins Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Intelligent Waste Sorting Bins Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Intelligent Waste Sorting Bins Analysis and Forecast
9.1 Introduction
9.2 North America Intelligent Waste Sorting Bins Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Intelligent Waste Sorting Bins Market Size Forecast by Type
9.6.1 Video Recognition
9.6.2 QR Code Recognition
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Intelligent Waste Sorting Bins Market Size Forecast by Applications
9.10.1 Community
9.10.2 Hotel
9.10.3 Hospital
9.10.4 Shopping Center
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Intelligent Waste Sorting Bins Analysis and Forecast
10.1 Introduction
10.2 Europe Intelligent Waste Sorting Bins Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Intelligent Waste Sorting Bins Market Size Forecast by Type
10.6.1 Video Recognition
10.6.2 QR Code Recognition
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Intelligent Waste Sorting Bins Market Size Forecast by Applications
10.10.1 Community
10.10.2 Hotel
10.10.3 Hospital
10.10.4 Shopping Center
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Intelligent Waste Sorting Bins Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Intelligent Waste Sorting Bins Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Intelligent Waste Sorting Bins Market Size Forecast by Type
11.6.1 Video Recognition
11.6.2 QR Code Recognition
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Intelligent Waste Sorting Bins Market Size Forecast by Applications
11.10.1 Community
11.10.2 Hotel
11.10.3 Hospital
11.10.4 Shopping Center
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Intelligent Waste Sorting Bins Analysis and Forecast
12.1 Introduction
12.2 Latin America Intelligent Waste Sorting Bins Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Intelligent Waste Sorting Bins Market Size Forecast by Type
12.6.1 Video Recognition
12.6.2 QR Code Recognition
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Intelligent Waste Sorting Bins Market Size Forecast by Applications
12.10.1 Community
12.10.2 Hotel
12.10.3 Hospital
12.10.4 Shopping Center
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Intelligent Waste Sorting Bins Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Intelligent Waste Sorting Bins Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Intelligent Waste Sorting Bins Market Size Forecast by Type
13.6.1 Video Recognition
13.6.2 QR Code Recognition
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Intelligent Waste Sorting Bins Market Size Forecast by Applications
13.10.1 Community
13.10.2 Hotel
13.10.3 Hospital
13.10.4 Shopping Center
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Intelligent Waste Sorting Bins Market: Competitive Dashboard
14.2 Global Intelligent Waste Sorting Bins Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Intuitive AI
14.3.2 DECISION
14.3.3 Haoyu Jiaotong
14.3.4 Ecube Labs
14.3.5 Bin.E
14.3.6 ZenRobotics Ltd.
14.3.7 Rubbermaid
14.3.8 Continental Commercial Products
14.3.9 Oktagon Engineering
14.3.10 Komwag
14.3.11 Intuitive AI
14.3.12 ASVEL
14.3.13 Kinbata
14.3.14 Arlau Civic Equipment Manufacturing Co., Ltd
