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The waste sorting robots market share is expected to grow at a CAGR of 19.15% and reach an estimated value of USD 8.70 billion by 2026. One of the key highlights of this report is the valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The waste sorting robots market report also offers information on several market vendors, including 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 among others. Furthermore, the waste sorting robots market research report extensively covers market segmentation by the following:
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Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The use of robots for ensuring safety in the waste sorting process is notably driving the waste sorting robots market growth, although factors such as potentially high initial investment may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the waste sorting robots industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Waste Sorting Robots Market Driver
Key Waste Sorting Robots Market Trend
Key Waste Sorting Robots Market Challenge
This waste sorting robots market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global waste sorting robots market as a part of the global industrial machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the waste sorting robots market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the waste sorting robots market encompasses successful business strategies deployed by the key vendors. The waste sorting robots market is fragmented and the vendors are deploying growth strategies such as technological innovation to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The waste sorting robots market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the waste sorting robots market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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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. Market growth in this region will be faster than the growth of the market in other regions.
The deployment of robots for assisting industrial processes and manufacturing has been prevalent across North America due to the high adoption of advanced technologies. This will facilitate the waste sorting robots market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the increase in the number of COVID-19 cases negatively impacted the waste sorting robots market in North America. The outbreak of COVID-19 disrupted the economies of various countries in the region, especially the US. However, the region has witnessed a decline in the number of COVID-19 cases with the introduction of COVID-19 vaccines. This has led to the resumption of operations in end-user industries. Thus, with the increasing adoption of waste sorting robots for precision and quality in industrial waste sorting, the market in North America is expected to witness a higher growth rate during the forecast period.
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The waste sorting robots market share growth by the polyethylene products sorting segment will be significant during the forecast period. The availability of highly advanced waste sorting robots, such as Bollegraaf RoBB AQC, is anticipated to increase their adoption in sorting polyethylene waste in the forecast years.
his report provides an accurate prediction of the contribution of all the segments to the growth of the waste sorting robots market size and actionable market insights on post COVID-19 impact on each segment.
Waste Sorting Robots Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 19.15% |
Market growth 2022-2026 |
$ 8.70 billion |
Market structure |
Fragmented |
YoY growth (%) |
18.45 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 40% |
Key consumer countries |
US, China, Japan, Germany, and UK |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
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 |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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