The waste sorting robots market share will post an incremental growth of USD 8.70 billion, progressing at a CAGR of 19.15% during the forecast period. The use of robots for ensuring safety in the waste sorting process will offer immense growth opportunities to market vendors. The waste sorting robots market is fragmented, and the vendors are deploying growth strategies such as low-pricing strategies and strengthening the local customer base to compete in the market.
Technavio’s report on “Waste Sorting Robots Market by End-user, Geography, and Application - Forecast and Analysis 2022-2026” provides a detailed analysis of the prevalent market forces, trends, and challenges likely to impact the market in focus.
The waste sorting robots market is segmented by the following:
Based on the application, the growth of the waste sorting robots market in the polyethylene products sorting segment will be significant during the forecast period. By geography, the deployment of robots for assisting industrial processes and manufacturing, due to the high adoption of advanced technologies will facilitate the waste sorting robots market in North America. 40% of the market's growth will originate from North America during the forecast period. The US is the key market for waste-sorting robots in North America.
The use of robots for ensuring safety in the waste sorting process will directly influence the sales of the waste sorting robots market. In addition, pairing humans and robots for effective waste sorting are the major waste sorting robot market trends that will positively impact market growth. However, the potentially high initial investment will hamper the waste sorting robots market growth.
The market is fragmented due to the presence of several players. Some of the major waste sorting robots market vendors are ABB Ltd., AMP Robotics Corp., Bin-e, Bollegraaf Recycling Machinery BV, Bulk Handling Systems, CleanRobotics, Durr AG, Eagle Vizion, ecoBali Recycling, General Kinematics Corp., Greyparrot AI Ltd, Intuitive AI, Machinex Industries Inc., New Hope Ecotech, PELLENC S.A.S., SADAKO TECHNOLOGIES SL, Specim, Spectral Imaging Ltd., Tomra Systems ASA, Waste Robotics Inc., and ZenRobotics Oy
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
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Precise market size estimation during the forecast period 2022-2026.
CAGR of the waste sorting robots market forecast during 2022-2026.
Market-level data on units, average selling prices, and values of the waste sorting robots market share.
Prediction on the upcoming trends, drivers, and factors that challenge the growth of the waste sorting robots market.
Waste sorting robots industry growth across North America, Europe, APAC, South America, and Middle East and Africa.
