What is Waste Sorting Robots Market?
Waste sorting is done by robotic arm that picks, detect and places it separately using the sensor array. For effective operation of waste management strategies, robotic has a leading role in fastening the process for further recycling and reducing the cost .According to the report, one of the major drivers for this market is Use of robots for ensuring safety in waste sorting process. Safety in solid waste collection and separation is a major issue. Despite the adoption of the best safety practices, accidents and injuries to human workers can still occur in different processes involved in waste collection and separation. To reduce the risk of injuries and accidents, manufacturers are developing robots for collecting and sorting waste. Robots receive instructions from operating systems for heavy lifting, dumping of waste, and separating reusable materials from waste. It has been observed that increasing production of installed robots by the key players in the market coupled with mergers and acquisition is expected to flourish the global waste sorting robots market in future.
The market study is being classified by Type (Polyethylene Products Sorting, Metallic Waste Sorting, Cans Sorting and Bricks Sorting), by Application (Recycling Industry, Plastics Industry, Metal and Minerals industry, Wood Industry and Others) and major geographies with country level break-up. According to AMA, the Global Waste Sorting Robots market is expected to see growth rate of 17.23%
ZenRobotics (Finland), AMP Robotics (United States), Waste Robotics (Canada), Sadako Technologies (Spain), Bollegraaf (Netherlands), HOMAG (Germany), TOMRA (Norway), Pellenc ST (France), RES Polyflow (United States) and Optisort (Sweden) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Alpine Waste & Recycling (United States) and Resource Recycling, Inc. (Portland).
The waste Sorting Robot process is expanding in North America region due to tremendous development of technology as compared to others region.
Segment Analysis
Analyst at AMA have segmented the market study of Global Waste Sorting Robots market by Type, Application and Region. On the basis of Type, Product Type are dominating the market in the year 2020
On the basis of application, Application segment is dominating the market in the year 2020
On the basis of geography, the market of Waste Sorting Robots has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2020. North America on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increase Demand of Robots for Safety While Waste Sorting Process.
- Rise in Demand of Advanced Waste Management Strategies.
Market Trend
- Collaboration and Tie Up Of Leading Players
- Increasing demand of waste sorting process in Asia-Pacific regions.
Restraints
- High Cost Associated With Waste Sorting Robots Market.
- The Waste Sorting Robot Market is Restraining Due to Government Regulation towards Waste Management.
Opportunities
- Increase Demand of Waste Sorting Robots to Reduce the Risk of Injuries and Accidents.
- Rise in Private Equity Investments in Waste Sorting Industries.
- Increase In Demand of Recycling Industries.
Challenges
- Achieving Accuracy with Robots Alone is a Challenging Task.
Market Leaders and some development strategies
In March 2019, Ferrovial and EIT Climate-KIC are partnered to collaborate with ZenRobotics to provides waste sorting automated process in Europe. This collaboration is also beneficial in reducing the demand for completely new raw materials as well as the pollution associated with the manufacturing and extraction of such raw materials.
In January 25, 2018, Zanker Recycling installed an artificial intelligence powered robotic waste sorting systems which beneficial in providing diversion from landfills and decrease in overtime & operating costs.
Key Target Audience
Waste Sorting Robots Manufacturers, Waste Sorting Robots Traders, End-Use Market Participants of Different Segments of Waste Sorting Robots, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms, R&D Institutions and Others