Global Robotic Waste Sorting System Market (2021 to 2026) – Growth, Trends, COVID-19 Impact, and Forecasts – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Robotic Waste Sorting System Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering.
Global Robotic Waste Sorting System Market is expected to register a CAGR of 19.5% over the forecast period (2021 – 2026).
According to Waste Management World, “Intelligent robotic systems can process almost any given waste stream and sorting capabilities can be redefined for every new market situation – even on a daily basis. Furthermore, increased flexibility in recognition gives plant operators the possibility to explore new use cases.
Companies Mentioned
- Machinex Industries Inc
- AMP Robotics Corporation
- Bulk Handling Systems
- ZenRobotics Ltd
- Sadako Technologies
- Waste Robotics Inc
- General Kiematics
Key Market Trends
Materials Recovery Facility (MRF) to Witness the Highest Growth
- Recent policies pertaining to scrap imports into China are making exporting some post-consumer recyclables increasingly difficult. Material recovery facility (MRF) operators are trying to find new technologies or processes to help them meet China’s stricter quality requirements.
- Operators of material recovery facilities (MRFs) and other recycling plants also face the risk of being bombarded with technical terms as they go through proposals from technology and machinery vendors. This drives the MRFs to deploy robots for waste sorting system.
- As per Resource Recycling, or the most part, robots are working in single-stream MRFs.
- In May 2018, Machinex revealed its new sorting robot, SamurAI. At a materials recycling facility (MRF), SamurAI is designed to reduce reliance on manual sorting, therefore reducing ongoing operating costs while improving overall system performance.
- In June 2018, Lakeshore Recycling Systems announced the installation of this robot at its Heartland Recycling Center.It reduced LRS’ reliance on manual labor in the single-stream recycling facility, which in turn decreased the operation costs while improving productivity.
- In April 2017, Bulk Handling Systems announced the installation of Max-AI Technology, an artificial intelligence system which identifies recyclables and other items for recovery, at a materials recycling facility in Sun Valley, California.
North America to Dominate the Market
- North America is the largest and the fastest-growing market due to its increasing consumption of products that are toxic to the environment.
- Also after compiling data from major robot providers, Resource Recycling estimates over 80 robots are either working or have been purchased in the U.S. and Canada.They’re sorting residential and commercial recyclables, mixed-waste, plastics, shredded electronics, and construction and demolition debris.
- Canadian government has announced that announced in March 2019 that Sustainable Development Technology Canada (SDTC) is investing USD 1.4 million in Waste Robotics, a company that makes intelligent recycling robots. The investment will help Quebec-based Waste Robotics develop a high-capacity, multi-arm robot waste sorting system that uses artificial intelligence (AI) to better sort commercial waste.
- Plessisville, Quebec-based recycling equipment provider Machinex announced in March 2019 that its SamurAI technology has been deployed in partnership with AMP at a Quebec MRF.
- Denver-based AMP Robotics has developed software – a AMP Neuron platform that uses computer vision and machine learning, so robots can recognize different colors, textures, shapes, sizes and patterns to identify material characteristics so they can sort waste.
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Government Regulations Regarding Recycling Laws is Driving the Market Growth
4.3.2 Steps by China to Cut Down on Waste it Accepts is Driving the Market Growth
4.4 Market Restraints
4.4.1 High Initial Cost During First Time Setup is Challenging the Market Growth
4.5 Value Chain Analysis
4.6 Industry Attractiveness – Porter’s Five Force Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Robots Deployed in Recycling Facilities
5.1.1 Electronics Recycling
5.1.2 Materials Recovery Facility
5.1.3 PET Recycling
5.1.4 Mixed Waste
5.1.5 Construction and Demolition
5.1.6 Others
5.2 Geography
5.2.1 North America
5.2.2 Europe
5.2.3 Asia-Pacific
5.2.4 Rest of the World
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Machinex Industries Inc
6.1.2 AMP Robotics Corporation
6.1.3 Bulk Handling Systems
6.1.4 ZenRobotics Ltd
6.1.5 Sadako Technologies
6.1.6 Waste Robotics Inc
6.1.7 General Kiematics
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/v83a4t
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