GCC Waste Sorting Robots Market News

GCC Waste Sorting Robots Market size was valued at USD 225.65 Million in 2019 and is poised to grow from USD 267.85 Million in 2023 to USD 1055.58 Million by 2031, at a CAGR of 18.7% during the forecast period (2024-2031).

GCC Waste Sorting Robots Market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'AMP Robotics Corp.', 'ABB Ltd.', 'Bollegraaf Recycling Machinery', 'General Kinematics Corporation', 'Clean Robotics, Greyparrot', 'Waste Robotics Inc.', 'Tomra', 'Machinex Industries Inc.', 'Zen Robotics Oy.'

Rising waste generation

Increasing action by the government and other advisory bodies to reduce illegal waste disposal is expected to fuel the growth of the waste disposal market. These regulations on the waste are influenced the used of robotics from waste management.

Saudi Arabia dominated the market in 2021, mainly due to the high amount of total waste generated The GCC market for the sub-region is driven by quick investments in renewable energy projects. Saudi Arabia put into effect a new law to control all associated activities, including import, export, safe waste disposal, and transportation and segregation. The Royal Decree No. M/48 of 2013's Law on Municipal Solid Waste Management is replaced by this legislation.

GCC Waste Sorting Robots Market size was valued at USD 225.65 Million in 2019 and is poised to grow from USD 267.85 Million in 2023 to USD 1055.58 Million by 2031, at a CAGR of 18.7% during the forecast period (2024-2031).

GCC Waste Sorting Robots Market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'AMP Robotics Corp.', 'ABB Ltd.', 'Bollegraaf Recycling Machinery', 'General Kinematics Corporation', 'Clean Robotics, Greyparrot', 'Waste Robotics Inc.', 'Tomra', 'Machinex Industries Inc.', 'Zen Robotics Oy.'

As they review bids from technology and machinery vendors, operators of material recovery facilities (MRFs) and other recycling plants run the risk of being inundated with technical jargon. The MRFs use robots to sift waste as a result of this. Operators of material recovery facilities (MRFs) are looking for new technology or procedures to assist them.

Increasing action by the government and other advisory bodies to reduce illegal waste disposal is expected to fuel the growth of the waste disposal market. These regulations on the waste are influenced the used of robotics from waste management.

Saudi Arabia dominated the market in 2021, mainly due to the high amount of total waste generated The GCC market for the sub-region is driven by quick investments in renewable energy projects. Saudi Arabia put into effect a new law to control all associated activities, including import, export, safe waste disposal, and transportation and segregation. The Royal Decree No. M/48 of 2013's Law on Municipal Solid Waste Management is replaced by this legislation.

GCC Waste Sorting Robots Market Size, Share, Growth Analysis, By Waste Sorting Type(Plastic Products Sorting, Metallic Waste Sorting), By Application(Waste sorting, Recycling), By End User(Municipality, Industrial) - Industry Forecast 2024-2031