Global Solar Trash Compactors Market was valued USD 93.78 Mn in 2023 and is expected to reach USD 131.96 Mn by 2030, at a CAGR of 5% during the forecast period.Global Solar Trash Compactors Market Introduction
Solar trash compactors are smart automated systems that use solar photovoltaic systems to compress the waste. The bins automatically compact the waste when the garbage inside reaches a certain level. The solar-powered compaction garbage bins are equipped with a solar photovoltaic panel and a small battery. The solar-powered compaction garbage bins are designed to reduce the need to empty waste receptacles in public areas. This not only reduces operating costs, unsightly litter overflows, and public disturbance, but also minimizes emissions from waste-carrying vehicles, further benefiting the environment.To Know About The Research Methodology :- Request Free Sample Report
Global Solar Trash Compactors Market Dynamics
The rising focus on waste management and waste recycling coupled with the growing focus of the government to achieve a cleaner and greener environment are driving the growth of the solar trash compactors market. By using a solar trash compactor, manpower can be reduced and it helps the organization in cost-saving. Solar trash compactors have been used at various public places to keep these places clean and to manage waste disposal in an effective and efficient way. By using the 3G wireless network, these compactors are connected to a remote software platform. Huge investments made in new technologies for better waste management in the public area and integration of IoT with the solar trash compactors may create sufficient opportunities for the growth of the global solar trash compactors market during the forecast period.Global Solar Trash Compactors Market Segment Analysis
To help the aviation industry, the ACI-NA board of directors updated its environmental goals and conducts a survey to discover the current sustainability stats. Millions of passengers flood U.S. airports each year, leaving behind waste, recycling and compostable items in bins scattered throughout airport facilities. Solar Trash Compactors are installed on airports to reduce the waste. The amount of garbage is increasing every year, and so is the money spent on waste collection services. Solar powered waste compactors decrease the frequency of waste collections dramatically by measuring the bin fill-level in real-time and automatically compacting the waste, effectively increasing the bin capacity by up to 8 times. Solar-powered waste compactor bins also commonly include a number of other features, such as LED/LCD panels for generating an additional revenue stream through advertisements, a router that allows the bins to act as Wi-Fi hotspots, and various safety features such as fire and motion detectors. In South Korea, a retail company with 48 department stores around the country had serious problems with their waste collections. In order to improve the situation, the retail chain installed 24 Clean CUBE smart bins in central spots of their department stores, as well as near the restrooms. 8 of the 24 Clean Cubes were equipped with LED advertisement panels to promote various storewide events at the department store.Global Solar Trash Compactors Market Regional Insights
The global solar trash compactors market is expected to be dominated by Europe. Factors such as growing initiatives for efficient waste management and increasing emphasis on the use of green energy are fuelling the global solar trash compactors market growth over the forecast period. The solar trash compactor market in North America is expected to grow at a significant rate. Factors such as growing funding by the government as well as private sectors for the implementation of solar systems and the growing need for efficient waste disposable are expected to fuel the market growth at a rapid rate.Recent Developments
• In February 2020, Montclair has renewed its contract with Bigbelly, the solar trash receptacle company that has installed and maintains 70 containers throughout town. The motorized compactors for the solar-powered units reduce waste volumes, allowing for up to five times the capacity of traditional trash bins. The receptacles also have built-in cloud computing technology that sends out an alert when a bin needs to be emptied or maintained. In 2017, 40 Bigbellys were installed on the streets of Montclair at a cost of $72,474.84. The township increased the number by another 30 in November 2017, and the cost increased to $121,106. • In October 2020, Bigbelly launched the latest evolution in smart waste technology: the Bigbelly Access Control System, known as "ACS." The Bigbelly Access Control System is entirely cloud-based, secure, responsive, and provides real-time data in all realms of access.Global Solar Trash Compactors Market Report Scope: Inquire before buying
Global Solar Trash Compactors Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 93.78 Mn. Forecast Period 2024 to 2030 CAGR: 5% Market Size in 2030: USD 131.96 Mn. Segments Covered: by Product Industrial Commercial Residential by End User Airports Educational Institutions Hospitals Corporate Offices Hotels/Restaurants Industries Others Global Solar Trash Compactors Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)Global Solar Trash Compactors Market, Key Players
1. Ecube Labs 2. Bigbelly, Inc. 3. Dacheng Machinery Make Co., Ltd. 4. Waste Management Inc. 5. Shanghai Jiajing Machinery Ltd. 6. Bluestream 7. BAY AREA TRASH COMPACTOR 8. Sunshine Recycling INC 9. SP Industries INC 10. Waste care Corporation 11. Solar Bins Australi 12. WCA Waste CorporationFrequently Asked Questions:
1. Which region has the largest share in Global Solar Trash Compactors Market? Ans: Europe region held the highest share in 2023. 2. What is the growth rate of Global Solar Trash Compactors Market? Ans: The Global Solar Trash Compactors Market is growing at a CAGR of 5% during forecasting period 2024-2030. 3. What is scope of the Global Solar Trash Compactors Market report? Ans: Global Solar Trash Compactors Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Market? Ans: The important key players in the Global Market are – Ecube Labs, Bigbelly, Inc., Dacheng Machinery Make Co., Ltd., Waste Management Inc., Shanghai Jiajing Machinery Ltd., Bluestream, BAY AREA TRASH COMPACTOR, Sunshine Recycling INC, SP Industries INC, Waste care Corporation, Solar Bins Australi, and WCA Waste Corporation. 5. What is the study period of this Market? Ans: The Global Market is studied from 2023 to 2030.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Solar Trash Compactors Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2023 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Solar Trash Compactors Market 3.4. Geographical Snapshot of the Solar Trash Compactors Market, By Manufacturer share 4. Global Solar Trash Compactors Market Overview, 2023-2030 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Solar Trash Compactors Market 5. Supply Side and Demand Side Indicators 6. Global Solar Trash Compactors Market Analysis and Forecast, 2023-2030 6.1. Global Solar Trash Compactors Market Size & Y-o-Y Growth Analysis. 7. Global Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 7.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 7.1.1. Industrial 7.1.2. Commercial 7.1.3. Residential 7.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 7.2.1. Airports 7.2.2. Educational Institutions 7.2.3. Hospitals 7.2.4. Corporate Offices 7.2.5. Hotels/Restaurants 7.2.6. Industries 7.2.7. Others 8. Global Solar Trash Compactors Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2023-2030 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 9.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 9.1.1. Industrial 9.1.2. Commercial 9.1.3. Residential 9.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 9.2.1. Airports 9.2.2. Educational Institutions 9.2.3. Hospitals 9.2.4. Corporate Offices 9.2.5. Hotels/Restaurants 9.2.6. Industries 9.2.7. Others 10. North America Solar Trash Compactors Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 11.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 11.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 12. Canada Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 12.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 12.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 13. Mexico Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 13.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 13.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 14. Europe Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 14.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 14.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 15. Europe Solar Trash Compactors Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 16.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 16.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 17. France Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 17.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 17.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 18. Germany Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 18.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 18.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 19. Italy Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 19.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 19.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 20. Spain Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 20.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 20.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 21. Sweden Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 21.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 21.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 22. CIS Countries Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 22.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 22.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 23. Rest of Europe Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 23.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 23.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 24. Asia Pacific Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 24.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 24.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 25. Asia Pacific Solar Trash Compactors Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 26.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 26.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 27. India Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 27.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 27.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 28. Japan Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 28.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 28.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 29. South Korea Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 29.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 29.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 30. Australia Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 30.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 30.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 31. ASEAN Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 31.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 31.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 32. Rest of Asia Pacific Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 32.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 32.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 33. Middle East Africa Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 33.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 33.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 34. Middle East Africa Solar Trash Compactors Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2023-2030 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 35.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 35.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 36. GCC Countries Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 36.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 36.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 37. Egypt Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 37.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 37.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 38. Nigeria Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 38.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 38.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 39. Rest of ME&A Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 39.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 39.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 40. South America Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 40.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 40.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 41. South America Solar Trash Compactors Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2023-2030 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 42.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 42.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 43. Argentina Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 43.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 43.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 44. Rest of South America Solar Trash Compactors Market Analysis and Forecasts, 2023-2030 44.1. Market Size (Value) Estimates & Forecast By Application, 2023-2030 44.2. Market Size (Value) Estimates & Forecast By End User, 2023-2030 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Solar Trash Compactors Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Big Belly 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Ecube Labs 45.3.3. Dacheng Machinery Make Co., Ltd. 45.3.4. Waste Management Inc. 45.3.5. Shanghai Jiajing Machinery Ltd. 45.3.6. Bluestream 45.3.7. BAY AREA TRASH COMPACTOR 45.3.8. Sunshine Recycling INC 45.3.9. SP Industries INC 45.3.10. Waste care Corporation 45.3.11. Solar Bins Australi 45.3.12. WCA Waste Corporation 45.3.13. Other Key Players
