Waste Sorting Robots Market By Waste Sorting Type (Plastic Products Sorting, Metallic Waste Sorting, Wood and Bricks Sorting, Others Sorting), By Application (Waste sorting, Recycling), By End User (Municipality, Industrial): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global waste sorting robots market was valued at $1,684.1 million in 2021, and is projected to reach $10,120.8 million by 2031, registering a CAGR of 19.6% from 2022 to 2031. Waste sorting robots are automatic machines, which are used for waste sorting. Waste sorting robots have changed the method of sorting of waste. Rather than using conventional method of sorting of the waste, robotic arm has been implied in many countries across the world. Along with the waste sorting, these robots can be used for recycling of the products from the waste. In the metallurgical industry, waste sorting robots are proved to be very useful as materials such as organic elements, earth minerals and metals are separated from the waste.
Robotic automation is pervasive in all industries and day-to-day operations. Robots are also used in the recycling industry today. These robots are multitasking, scalable, and have a built-in learning system that can operate 24 hours a day without fatigue. This means that they can be widely used for waste treatment and recycling throughout the industrial cohort. These recycling robots are fast, accurate, and capable of handling large amounts of waste. In addition, it has a large number of picks per hour, allowing to work with the same accuracy on different shifts which boost the demand of the market in the forecast period. However, massive investment at initial stage and high maintenance cost are expected to hamper the growth of the market. Major players adopt business expansion and acquisition as key developmental strategies to improve the product portfolio of waste sorting robot’s market. For instance, in May 2022, AMP Robotics Corp., a pioneer in AI, robotics, and infrastructure for the waste and recycling industry, introduced two new high-diversion production facilities based on its infrastructure model for advanced secondary sortation facilities in Atlanta and Cleveland. This is expected to improve the product portfolio of the company.
The waste sorting robots market is segmented into waste sorting type, application, end-user, and region. By waste sorting type, the market is categorized into plastic products sorting, metallic waste sorting, wood & bricks sorting, and others sorting. The metallic waste sorting segment is expected to maintain this trend throughout the coming years.
On the basis of application, the market is bifurcated into waste sorting and recycling. The waste sorting segment is anticipated to dominate the global waste sorting robots market. The end-user segment is fragmented into municipality and industrial. In 2021, municipality segment accounted for the highest market share, followed by the industrial. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2021, North America was the highest contributor to the global waste sorting robots market, and Asia- Pacific is expected to witness significant growth rate in the coming years.
The COVID-19 pandemic forced many companies in the global waste sorting robots market to halt business operations for a short term to comply with new government regulations to curb the spread of the disease. This halt in operations directly impacts revenue flow of the global waste sorting robot market. In addition, there is a halt in manufacturing of industrial products, owing to lack of raw materials and manpower during the lockdown period. Further, no new consignments were received by companies that operate in this sector. Hence, halt in industrial activities and lockdown for several months have affected the global waste sorting robots market and the market is anticipated to witness a slow recovery during the forecast period.
The key players profiled in the waste sorting robots market report include ABB Ltd., AMP Robotics Corp., Waste Robotics Inc., Clean Robotics, Tomra, Machinex Industries Inc., General Kinematics Corporation, Bollegraaf Recycling Machinery, Greyparrot, and Zen Robotics Oy.
Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging global waste sorting robots market trends and dynamics.
The waste sorting robots market analysis is conducted by the estimations for key market segments between 2021 and 2031.
Extensive analysis of the global market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
The global waste sorting robots market forecast analysis from 2022 to 2031 is included in the report.
Key players within the market are profiled in this report and their strategies are analyzed thoroughly, which help understand competitive outlook of the waste sorting robots market opportunities.
Key Market Segments
By Waste Sorting Type
Plastic Products Sorting
Metallic Waste Sorting
Wood and Bricks Sorting
Others Sorting
By Application
Waste sorting
Recycling
By End User
Municipality
Industrial
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
ABB Ltd.
AMP Robotics Corp.
Waste Robotics Inc.
Clean Robotics
Tomra
Machinex Industries Inc.
General Kinematics Corporation
Bollegraaf Recycling Machinery
Greyparrot
Zen Robotics Oy
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