Waste Sorting Robots Market Report (2019 - 2024)

Waste sorting robots are the systems that are independent and smart for the applications used in industries. Waste is sorted by a robotic arm that detects, selects and locates with the sensor array. A robot with two arms can sort 4,000 selections per hour which can replace the traditional waste sorting methods.

The global market size for Waste Sorting Robots is set to reach USD 12.26 billion by 2024, increasing at a CAGR of 16.52 percent over the forecast period of 2019 - 2024.

The growth of this market can be attributed to the increasing demanding for the collection of wastage from different sources and finding reusable techniques. Moreover, encouragement from the government by investing in the development of these robots are propelling the growth of the global waste sorting robot market.

Recent developments

The first company to launch the robots for sorting wastage that is fully equipped with artificial intelligence, computer vision, and machine learning is ZenRobotics. Also, Apple Inc. has recently announced its installation of these robots for dissembling the iPhones.

Market drivers and restraints

Demand for the collection of wastage from different sources and finding reusable techniques in various industries is one of the primary drivers of the global waste sorting robot market. Also, investments from the government in the development of the robots that can sort wastage efficiently are one of the primary growth factors of the waste sorting robot market. Moreover, rising awareness of waste management systems usage and the efficiency that robots over humans are propelling the business.

However, stringent rules of the government for launching a new product in this market are declining the developers to launch these robots. And the high costs during the initial installation, which is tough for the small scale industries, and the lack of skilled technicians who can solve the issues of these robots in real-time are the restraints of this market.

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Report Segmented as

By Waste Type

• Organic Waste
• Plastics Waste
• Metal Waste
• Chemical Waste
• Wood Waste
• Stone Waste
• Electronic Waste
• Others

By End-user

• Recycling Industry
• Plastics Industry
• Metal and Minerals industry
• Wood Industry
• Food Industry
• Others

Geographical Analysis

• North America
• Europe
• Asia-Pacific
• South America
• Middle-East & Africa

In the regional analysis of the global waste sorting robot market, North America is the leading region due to the quick adoption of advancements in robotics and the studies on them. Also, the growth of the GDPs of the countries in that region is the major driver of the growth of this area in the coming years in this waste sorting robotics market.

Key market players

• ZenRobotics
• Sadako Technologies
• AMP Robotics
• Waste Robotics
• Alpine Waste & Recycling
• Resource Recycling
• Bollegraaf
• HOMAG
• TOMRA
• Pellenc ST
• RES Ployflow

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Scope of the report

• Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• The segment-level analysis in terms of raw materials, by application, along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development

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