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.
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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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: WASTE SORTING ROBOTS MARKET, BY WASTE SORTING TYPE
CHAPTER 5: WASTE SORTING ROBOTS MARKET, BY APPLICATION
CHAPTER 6: WASTE SORTING ROBOTS MARKET, BY END USER
CHAPTER 7: WASTE SORTING ROBOTS MARKET, BY REGION
CHAPTER 8: COMPANY LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to the report, titled, “Waste Sorting Robots Market," The waste sorting robots market size was valued at $1.7 billion in 2021, and is estimated to reach $10.1 billion by 2031, growing at a CAGR of 19.6% from 2022 to 2031. Waste sorting robots are machines that sort out the various types of waste products and materials. The robot for waste management system is so designed that the robot that consists of two hands is capable of sorting 4000 selection per hour, which is more than the number of sorting a human can do. The use of sorting robot is very effective in waste management process.Rise in environmental related concerns to waste recycling is projected to cater to growth of the market. Use of data analytics, sorting robots, and disposal of waste material & garbage monitoring systems to handle waste effectively are anticipated to propel growth of the market. However, high capital investments associated with waste sorting robots is anticipated to hamper waste sorting robots market growth. Technological advancements and rise in adoption of sorting robots in developing countries are anticipated to provide lucrative opportunities for waste sorting robots companies during the forecast period.
During the lockdown, owing to coronavirus situation, various manufacturers in the market had to stop their business production in countries such as China, the U.S., and India. This break directly impacted sales of waste sorting robots companies. In addition, lack of manpower and raw materials led to halt in supply of waste sorting robots. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of waste sorting robots companies and the waste recycling industry at their full-scale capacities. 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.
Adoption of recycling robots transform the economics of material recovery facilities by automating sorting. Various types of robots are used for sorting recyclable waste such as robotic arm, gripper & AI-Vision system, and conveyor system, which is expected to boost the growth of the market. Moreover, these robots are used extensively in automation of recycling procedures to improve the profits and reduce overhead cost. Expansion of medical, e-commerce, construction, and automotive sectors in developing countries in Asia-Pacific and LAMEA have adopted waste sorting robots solutions for various sorting and recycling process, and this is expected to provide higher growth rate in the market. Key players have developed new innovations in sorting robots with enabling sensor based, IoT, AI and remote monitoring systems. In addition, intense competition has been witnessed within waste management processes. Major players have adopted partnership and acquisition as key developmental strategies to improve the product portfolio of waste sorting robots market. For instance, in November 2021, Zen Robotics and the Eberhard Group have become the partner to circulate and retain complete value of mixed demolition waste with AI based technologies. This improves the productivity and the sorting and recycling solutions of the company.
The waste sorting robots market is segmented on the basis of waste sorting type, application, size, and region. On the basis of waste sorting type, the market is segmented into plastic products sorting, metallic waste sorting, wood & bricks sorting, and others sorting. In 2021, the plastic product sorting segment accounted for the largest share of 38.5% of the overall waste sorting robots industry.
By application, the market is segmented into waste sorting and recycling. The waste sorting segment held the largest market share of 76.39% in 2021. On the basis of end-user, the market is categorized into municipality and industrial. The municipality segment held the largest market share of 86.16% of the market in 2021. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America region will dominate the market in 2021.
Key Findings of the Study
- The report provides an extensive analysis of the current and emerging waste sorting robots market trends and dynamics.
- By waste sorting type, the plastic products sortings egment dominated the waste sorting robots market share, in terms of revenue in 2021
- By end user, the municipality segment registered highest growth in the global market in 2021.
- The Asia-Pacific region is projected to register the highest growth rate in the coming years.
- The report provides an extensive analysis of the market trends and emerging opportunities of the market.
- In-depth waste sorting robots market analysis is conducted by constructing estimations for the key segments between 2021 and 2031.
- The key market players within market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the global waste sorting robots industry.
- The global waste sorting robots market forecast analysis from 2022 to 2031 is included in the report.
Companies Mentioned
- Abb Ltd.
- Amp Robotics Corp.
- Waste Robotics Inc.
- Clean Robotics
- Tomra
- Machinex Industries Inc.
- General Kinematics Corporation
- Bollegraaf Recycling Machinery
- Greyparrot
- Zen Robotics Oy
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 265 |
| Published | June 2022 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 1684.1 million |
| Forecasted Market Value ( USD | $ 10120.8 million |
| Compound Annual Growth Rate | 19.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
