SmartBins Report

Waste segregation is one of the major factors that help to manage waste efficiently. Segregating waste on the basis of its type helps greatly in the recycling process. But it also creates problems as most people are either unaware of the type of their waste or don’t care much resulting in “Recycling Contamination”.

Technical advancements have to take care of both scenarios. Segregating waste over different bins, locations, and types of materials is a cumbersome task that most people don’t want to do. As a result, they end up mixing recyclable materials with toxic ones. This little ignorance proves fatal for the environment as it not only renders recyclable items as landfills but also reduces their recyclability.

Smart-Bins: Market Drivers

• Touchless trash bins offer convenience and prevent cross-contamination of germs.
• Product innovation and technology improvement.
• Smart cities and efficient waste management systems.
• Increased use of wireless connecting devices and the Internet of Things (IoT).

Existing Technologies in Waste Segregation

• Robot Based Segregators
• Intelligent Trash Bin
• Sensor Based Automated Waste Segregator
• Smart-Bin Using Convolutional Neural Networks

Market Size – Smart Trash Bin Market

The analysts forecast global Smart trash bin market for the mining sector to grow at a CAGR of 16.50% during the period 2018-2024.