Global Waste Sorting Robots Market

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

Report ID: SQMIG45A2289 | Region: Global | Published Date: April, 2024
Pages: 197 | Tables: 88 | Figures: 76

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Waste Sorting Robots Market size was valued at USD 2.03 Billion in 2022 and is poised to grow from USD 2.43 Billion in 2023 to USD 10.18 Billion by 2031, growing at a CAGR of 19.6% in the forecast period (2024-2031).

The competitive environment of the Waste Sorting Robots Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Established organizations within the industry leverage techniques inclusive of product innovation, strategic partnerships, and mergers and acquisitions to strengthen their market position. Additionally, the market is witnessing elevated opposition from local and neighborhood producers supplying cost-powerful options. 'ABB Ltd.', 'AMP Robotics Corp.', 'Bin-e', 'Bollegraaf Recycling Machinery BV', 'Bulk Handling Systems', 'CleanRobotics', 'Durr AG', 'Eagle Vizion', 'ecoBali Recycling', 'General Kinematics Corp.', 'Greyparrot AI Ltd', 'Intuitive AI', 'Machinex Industries Inc.', 'New Hope Ecotech', 'PELLENC S.A.S.', 'SADAKO TECHNOLOGIES SL', 'Specim, Spectral Imaging Ltd.', 'Tomra Systems ASA', 'Waste Robotics Inc.', 'ZenRobotics Oy'

With increasing environmental concerns and legislation on waste disposal, there is an increasing push on recycling use and waste management. Waste sorting robots offer solutions to automate and simplify this process. Advances in robotics, artificial intelligence and machine learning have made waste sorting robots more efficient, accurate and cost-effective. This technology allows robots to identify and sort waste types exactly.

Material Recovery Facility (MRF) to Realize the Highest Level of Development: Recent scrap import policies in China make it more difficult to export any post-consumer recyclables. Material recovery facility (MRF) operators are trying to find new technologies or processes to help meet China’s stricter quality requirements. Material recycling firms (MRFs) and other recycling facilities also face the risk of being attacked with technical information when going through proposals from equipment and machinery vendors. This for MRFs use robots for waste sorting systems.

North America is the dominant segment in the market due to the increasing use of environmentally damaging products. After gathering data from major robot vendors, Resource Recycling estimates that about 80 robots in operation or purchased in the United States and Canada sort recyclables, trash, plastics, scrap electronics and construction and demolition of homes and businesses. The region is expected to account for more than 42% of the market share during the forecast period.

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Global Waste Sorting Robots Market

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