Waste Sorting Robots Market Analysis Report 2019 - 2024

1. Increasing government investments reinforces the Waste Sorting Robots Market Market Overview 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 waste sorting robot market is anticipated to reach USD 12.26 billion by 2024, recording a CAGR of 16.52%. 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. Check out the sample: https://www.marketdataforecast.com/market-reports/waste- sorting-robots-market#request_sample Report Segmented as By Waste Organic Waste • • • • • • Plastics Waste Metal Waste Chemical Waste Wood Waste Stone Waste

2. • • 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

3. • • • TOMRA Pellenc ST RES Ployflow To know more, click: https://www.marketdataforecast.com/market-reports/waste- sorting-robots-market