You Want To Be In The Toilet Business These Days

Posted: Aug 21 2012, 7:35am CDT | by , Updated: Aug 21 2012, 5:12pm CDT, in News | Technology News

 
You want to be in the Toilet Business These Days
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Bill Gates has a nose for the next big thing. It is toilets.

The Bill Gates Foundation awarded prizes a couple days ago to new toilet designs in the Reinvent the Toilet challenge. The winner was a solar powered toilet that makes hydrogen and electricity from your poop. The Harvard Business Review published a report today that describes how huge the market for toilets will be in the coming decades. India alone expects about 400 million people to adopt an urban lifestyle. This would mean India needs about 150 million toilets alone in the next 30 years.

The biggest toilet maker today only makes about 30 million units per year. The big market size for toilets is also an opportunity to actually deploy smarter toilets that are cleaner or are of more use.

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The Author

<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
Luigi can be contacted directly at ml[@]i4u.com.

 

 

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