The global waste sorting robots market size was US$ 1.7 billion in 2021. The global waste sorting robots market size is forecast to reach US$ 10.1 billion by 2030, growing at a compound annual growth rate (CAGR) of 19.6% during the forecast period from 2022 to 2030.
The robotic arm is a programmable device that can accomplish actions that a human hand would do. The robotic arm is commonly employed in waste management systems to sort waste into several categories, such as industrial, plastic, and domestic waste. Further waste operations, such as recycling, can be carried out with the help of robots. The employment of robotic arms in the waste management process has proven to be quite beneficial. All of the processes involved in garbage separation or sorting are carried out by the robotic arm. The robotic arm determines the type of garbage and then selects it.
Factors Influencing Market Growth
Impact Analysis of COVID-19
Due to poor demand from various businesses owing to the government-imposed lockdown in several nations, the need for garbage sorting robots declined in 2020. Because of the prolonged lockdown in major countries, the COVID-19 pandemic forced the garbage sorting robots business to shut down the manufacturing of many items. The primary need for equipment and machinery exists in big industrial countries such as the United States, Germany, Italy, the United Kingdom, and China, all of which have been adversely affected by the spread of COVID-19, halting demand for equipment and machinery. Thus, the COVID-19 pandemic had a negative impact on the global market.
Regional Analysis
North America garnered the major market share in 2021 and is forecast to remain dominant during the forecast period. As a result of the rising infrastructure, growing urban population, and increasing waste management reforms.
The Asia Pacific region is forecast to have a substantial CAGR during the forecast period. As a result of the rising initiatives such as waste to fuel and waste to energy. In addition, growing environmental attention toward waste recycling has led to a surge in demand for waste management technologies in the region. Thus, these factors fuel the market growth in the region.
Leading Competitors
The leading prominent companies profiled in the global waste sorting robots market are:
Scope of the Report
The global waste sorting robots market segmentation focuses on Waste Sorting Type, Application, End-User, and Region.
Segmentation based on Waste Sorting Type
Segmentation based on Application
Segmentation based on End-User
Segmentation based on Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL WASTE SORTING ROBOTS MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
4 GLOBAL WASTE SORTING ROBOTS MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE MODEL
4.4 VALUE CHAIN ANALYSIS
5 GLOBAL WASTE SORTING ROBOTS MARKET, BY WASTE SORTING TYPE
5.1 OVERVIEW
5.2 PLASTIC PRODUCTS SORTING
5.3 METALLIC WASTE SORTING
5.4 WOOD AND BRICKS SORTING
5.5 OTHERS SORTING
6 GLOBAL WASTE SORTING ROBOTS MARKET, BY APPLICATION
6.1 OVERVIEW
6.2 WASTE SORTING
6.3 RECYCLING
7 GLOBAL WASTE SORTING ROBOTS MARKET, BY END-USER
7.1 OVERVIEW
7.2 MUNICIPALITY
7.3 INDUSTRIAL
8 GLOBAL WASTE SORTING ROBOTS MARKET, BY GEOGRAPHY
8.1 OVERVIEW
8.2 NORTH AMERICA
8.2.1 NORTH AMERICA MARKET SNAPSHOT
8.2.2 U.S.
8.2.3 CANADA
8.2.4 MEXICO
8.3 EUROPE
8.3.1 EUROPE MARKET SNAPSHOT
8.3.2 WESTERN EUROPE
8.3.2.1 THE UK
8.3.2.2 GERMANY
8.3.2.3 FRANCE
8.3.2.4 ITALY
8.3.2.5 SPAIN
8.3.2.6 REST OF WESTERN EUROPE
8.3.3 EASTERN EUROPE
8.3.3. 1 POLAND
8.3.3.2 RUSSIA
8.3.3.3 REST OF EASTERN EUROPE
8.4 ASIA PACIFIC
8.4.1 ASIA PACIFIC MARKET SNAPSHOT
8.4.2 CHINA
8.4.3 JAPAN
8.4.4 INDIA
8.4.5 AUSTRALIA & NEW ZEALAND
8.4.6 ASEAN
8.4.7 REST OF ASIA PACIFIC
8.5 MIDDLE EAST & AFRICA
8.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
8.5.2 UAE
8.5.3 SAUDI ARABIA
8.5.4 SOUTH AFRICA
8.5.5 REST OF MEA
8.6 SOUTH AMERICA
8.6.1 SOUTH AMERICA MARKET SNAPSHOT
8.6.2 BRAZIL
8.6.3 ARGENTINA
8.6.4 REST OF SOUTH AMERICA
9 GLOBAL WASTE SORTING ROBOTS MARKET COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 COMPANY MARKET RANKING
9.3 KEY DEVELOPMENT STRATEGIES
10 COMPANY PROFILES
10.1 ABB LIMITED
10.1.1 OVERVIEW
10.1.2 FINANCIAL PERFORMANCE
10.1.3 PRODUCT OUTLOOK
10.1.4 KEY DEVELOPMENTS
10.2 AMP ROBOTICS CORPORATION
10.2.1 OVERVIEW
10.2.2 FINANCIAL PERFORMANCE
10.2.3 PRODUCT OUTLOOK
10.2.4 KEY DEVELOPMENTS
10.3 WASTE ROBOTICS INCORPORATED
10.3.1 OVERVIEW
10.3.2 FINANCIAL PERFORMANCE
10.3.3 PRODUCT OUTLOOK
10.3.4 KEY DEVELOPMENTS
10.4 CLEAN ROBOTICS
10.4.1 OVERVIEW
10.4.2 FINANCIAL PERFORMANCE
10.4.3 PRODUCT OUTLOOK
10.4.4 KEY DEVELOPMENTS
10.5 TOMRA
10.5.1 OVERVIEW
10.5.2 FINANCIAL PERFORMANCE
10.5.3 PRODUCT OUTLOOK
10.5.4 KEY DEVELOPMENTS
10.6 MACHINEX INDUSTRIES INCORPORATED
10.6.1 OVERVIEW
10.6.2 FINANCIAL PERFORMANCE
10.6.3 PRODUCT OUTLOOK
10.6.4 KEY DEVELOPMENTS
10.7 GENERAL KINEMATICS CORPORATION
10.7.1 OVERVIEW
10.7.2 FINANCIAL PERFORMANCE
10.7.3 PRODUCT OUTLOOK
10.7.4 KEY DEVELOPMENTS
10.8 BOLLEGRAAF RECYCLING MACHINERY
10.8.1 OVERVIEW
10.8.2 FINANCIAL PERFORMANCE
10.8.3 PRODUCT OUTLOOK
10.8.4 KEY DEVELOPMENTS
10.9 GREYPARROT
10.9.1 OVERVIEW
10.9.2 FINANCIAL PERFORMANCE
10.9.3 PRODUCT OUTLOOK
10.9.4 KEY DEVELOPMENTS
10.10 ZEN ROBOTICS OY
10.10.1 OVERVIEW
10.10.2 FINANCIAL PERFORMANCE
10.10.3 PRODUCT OUTLOOK
10.10.4 KEY DEVELOPMENTS
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