Waste Sorting Robots Market 2023 Driving Factors Forecast Research 2029

Waste sorting robots market is anticipated to grow at a CAGR of 19.6% during the forecast period. The increasing adoption of automation in numerous industries is propelling market growth. Similarly, the rising focus on proper management of waste along with the increasing demand for rapid waste management procedures to handle the large amount of garbage produced by the people is a major driving force behind the market share of waste sorting robots. According to World Bank data, nearly 2.24 billion tonnes of solid waste was generated globally in 2020, amounting to a daily footprint of 0.8 kg per person. Owing to rapid population growth and urbanization, annual waste generation is expected to rise by 73% from 2020 levels to 3.88 billion tonnes by 2050. Intelligent robotic systems can handle almost any waste stream, and sorting functionality can be redefined for each new market situation, even on a routine basis. The robotic arms are always ready to pick up and rescue manual workers from dusty and filthy workplaces, thereby increasing their demand.

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The global waste sorting robots market is segmented based on waste type, and industry. Based on waste type the markt is sub-segmented into organic, plastics, metal waste, chemical, wood, and other. On the basis of industry the market is sub-divided into recycling, plastics, metal & minerals, wood, food , and others. Based on industry, the recycling segment is expected to grow at a signifcant rate, due to the increased opportunities for large actors in the recycling sector, meanwhile, the plastics segment is projected to grow at a considerable rate owing to the higher release of plastic waste from various end-user industries.

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• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others
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Market Segmentation
Global Waste Sorting Robots Market by Waste Type
o Organic
o Plastics
o Metal Waste
o Chemical
o Wood
o Others (Electronic)

Global Waste Sorting Robots Market by Industry
o Recycling
o Plastics
o Metal & Minerals
o Wood
o Food
o Others

Regional Analysis
o North America
o US
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World

Company Profiles
o Abb
o Amp Robotics Corp.
o Anaergia
o Bollegraaf
o Cleanrobotics
o General Kinematics Corp.
o Greyparrot AI Ltd.
o Machinex
o Neos
o Pellenc ST
o Rubicon Holdings, LLC
o Smarter Sorting
o Tomra System ASA
o Waste Robotics Inc.
o Zenrobotics Oy
o Yupo Corp.

The Report Covers
• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global waste sorting robots market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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