(MENAFN- GlobeNewsWire - Nasdaq) Westford USA, Aug. 14, 2023 (GLOBE NEWSWIRE) -- The gcc waste sorting robots market size is expected to reach USD 9.40 billion by 2030 and exhibit a CAGR of 10.49% in the forecast period (2022−2030), according to Skyquest's latest research report. Government initiatives, increasing waste generation, labor shortage, rising environmental awareness, technological advancements, cost-effectiveness, improved sorting accuracy, waste recycling targets, reducing manual errors, and operational efficiency are fueling the market's growth. Artificial Intelligence Integration to Promote the Use of GCC Waste Sorting Robots
At a global scale, rising automation, artificial intelligence integration, machine learning algorithms, advanced sensors, robotic arms, mobile and cloud connectivity, real-time data analytics, waste characterization, modular and scalable systems, and integration with waste management infrastructure are the trends that aid in the market's growth.
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SCARA Robots Demand to Grow Substantially in the Forecast Period
Scara robots dominated the global market owing to their high-speed operation. It is also known for its precise and repeatable movements. They can accurately locate and pick waste items from a conveyor belt or designated area, ensuring precise sorting and minimizing errors. This accuracy is particularly important in waste sorting, where items must be correctly categorised for recycling or disposal purposes.
Municipal Solid Waste Sorting is the Leading Application Segment
In terms of application, the municipal solid waste sorting is the leading segment due to the demand for segregation and categorization. In addition, With increasing urbanization and population growth in the GCC region, there is a growing need for efficient MSW sorting solutions to manage the rising waste volumes. Waste sorting robots can significantly enhance the speed and accuracy of MSW sorting processes, driving market sales.
Saudi Arabia is the leading Market Due to its High Waste Generation Market
Region-wise, Saudi Arabia is one of the largest growing markets with a huge waste generation. The Saudi government has been investing heavily in waste management in recent years. In 2020, the government launched a new waste management strategy that aims to reduce the country's waste generation by 30% by 2030.
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Tables - 88
Figures – 65
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GCC Waste Sorting Robots Market Report Suggests:
Saudi Aramco acquired Waste Robotics in 2023. Waste Robotics is a leading developer of waste-sorting robots. The acquisition will allow Saudi Aramco to expand its waste management capabilities and develop new waste sorting technologies. In terms of application, the municipal solid waste sorting segment dominates due to the demand for segregation and categorization. In terms of type, the SCARA robots type segment is projected to gain more popularity due to its high-speed operation North America and Asia Pacific are leading markets and will continue to exhibit dominance in the global market mainly due to the presence of major market players
GCC Waste Sorting Robots Market Segmentation:
The global GCC Waste Sorting Robots market report is segmented based on Product type, waste type, application, and region.
By Type:
Cartesian Robots SCARA Robots Delta Robots Articulated Robots Collaborative Robots
By Waste Type:
Municipal Solid Waste (MSW) Industrial Waste Construction and Demolition Waste Electronic Waste (E-Waste) Other Types of Waste
By Application:
Material Recovery
Sorting and Segregation
Waste Processing
Waste Recycling
Others
By Country:
Saudi Arabia United Arab Emirates (UAE) Qatar Oman Bahrain Kuwait
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GCC Waste Sorting Robots Market Major Company Profiles:
Tomra Systems TOMRA Sorting Recycling Veolia Environnement 5S Ingineering Waste Robotics WasteAid Waste4Change Waste Management Waster ZenRobotics SmartBin Bin-Econ WasteSorter Envac Waste2Energy Renewlogy Enercon Hitachi Zosen Inova Krones
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