Report ID: SQMIR20D2248
Report ID:
SQMIR20D2248 |
Region:
Regional |
Published Date: February, 2024
Pages:
242
|
Tables:
88 |
Figures:
65
GCC Waste Sorting Robots Market size was valued at USD 225.65 Million in 2019 and is poised to grow from USD 267.85 Million in 2023 to USD 1055.58 Million by 2031, at a CAGR of 18.7% during the forecast period (2024-2031).
The method of garbage management has proven to be quite effective when using robotic arms. All operations involved in sorting or separating the waste are carried out by the robotic arm. Robotic arm initially determines what kind of waste is present before choosing that rubbish. Following this procedure, it finds the appropriate location for that particular type of waste and deposits it there. The design of the robot for the waste management system allows it to sort 4000 selections per hour, which is more than a human can sort in an hour. Waste is created in large quantities by a variety of organisations, industries, and residential locations.
A successful waste management system must exist throughout all countries in order to dispose of or recycle trash properly given the rising volume of waste in GCC and other countries. This is projected to accelerate the expansion of garbage sorting robots market. Due to pollution worries, sorting plastic materials is becoming more and more popular. The current crisis of plastic waste presents manufacturers with attractive opportunities for plastic sorting, processing, and recycling. To address the growing environmental concerns over trash, the big players are also concentrating on product releases and corporate expansion.
GCC Waste Sorting Robots Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONGCC Waste Sorting Robots Market size was valued at USD 225.65 Million in 2019 and is poised to grow from USD 267.85 Million in 2023 to USD 1055.58 Million by 2031, at a CAGR of 18.7% during the forecast period (2024-2031).
GCC Waste Sorting Robots Market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'AMP Robotics Corp.', 'ABB Ltd.', 'Bollegraaf Recycling Machinery', 'General Kinematics Corporation', 'Clean Robotics, Greyparrot', 'Waste Robotics Inc.', 'Tomra', 'Machinex Industries Inc.', 'Zen Robotics Oy.'
Rising waste generation
Increasing action by the government and other advisory bodies to reduce illegal waste disposal is expected to fuel the growth of the waste disposal market. These regulations on the waste are influenced the used of robotics from waste management.
Saudi Arabia dominated the market in 2021, mainly due to the high amount of total waste generated The GCC market for the sub-region is driven by quick investments in renewable energy projects. Saudi Arabia put into effect a new law to control all associated activities, including import, export, safe waste disposal, and transportation and segregation. The Royal Decree No. M/48 of 2013's Law on Municipal Solid Waste Management is replaced by this legislation.
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Report ID: SQMIR20D2248