Global Trash Robots (Trashbots) Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

Industry : ICTPublished Date : April 18th, 2018
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The global trash robots (trashbots) market is expected to witness a CAGR of 21.5%, by 2024. This growth is attributed to the growing awareness about recycling of garbage and waste management, and increasing adoption of trashbots in industries to reduce their manufacturing cost. Moreover, the increasing use of consumer electronics & connected devices and internet of things (IoT) is propelling the growth of the market. Furthermore, the need for efficient waste management system and growing concept of smart cities also fuels the global trashbots market. The years used for the assessment are as follows:

  • Historical year : 2014, 2015, 2016
  • Base year : 2017
  • Forecast period : 2018 – 2024

RESEARCH METHODOLOGY

The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are:

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them
  • Study of past trends in the market and their year on year impact on the market size and share
  • Analyzing the collected data points
  • Bridging the data points to calculate the total Trashbots market and it various segments
  • Anticipating potential risks
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the field
  • Finalizing the overall size and share for the global trashbots industry

OBJECTIVES:  

  • To classify the global trashbots market, segments are classified in type, size, end-user, application and region and analyze their growth prospects individually
  • To analyze market trends, opportunities, drivers and restraints associated with the market
  • Profiling key companies operating in the industry
  • To study market response with respect to the mergers and acquisitions in the industry 

MARKET SCOPE

The research scope for global trashbots market is as follows:

By Type

  • Garbage Cleaner & Collector (GCC) Trashbots
  • Garbage Sorter and Exchanger (GSE) Trashbots
  • Garbage Recycler and Waste Management (GRWM) Trashbots

By Size

  • Small Trashbots
  • Medium Trashbots
  • Large Trashbots
  • Robotic Arm Trashbots           

By End-User

  • Residential/ Smart Homes
  • Hypermarket
  • Supermarket
  • Departmental stores
  • Waste Management Industry
  • Others 

By Application

  • Residential
  • Institutional
  • Commercial
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Rest of the World (ROW)
    • Middle East and Africa
    • South America

The global trash robots (trashbots) market is expected to witness a CAGR of 21.5%, by 2024. This growth is attributed to the growing concern about waste management and recycling of garbage, and increasing adoption of trash robots in industries to reduce their manufacturing cost. Moreover, the increasing use of internet of things (IoT) technology and consumer electronics & connected devices is augmenting the growth of the market. Furthermore, the need for efficient waste management system and increasing concept of smart cities also fuels the trash robots market.

Trashbots are the robots that are used to collect, sort and recycle garbage produced by an urban solid waste. These robots are the collaboration of artificial intelligence (AI) and machine learning algorithm with electronic sensors. These sensors are employed to do specific task such as collection, sorting, and recycling of trash. These trashbots can easily identify material type and can differentiate objects on the basis of category that have already been programmed before installing the software package.

Geographically, Europe held the major share of the global industry and this trend is likely to continue over the forecast period. The government initiative for environmental protection and technological advancement drives the European trash robots industry. Moreover, growing population and mounting number of consumer electronics user drive the Asia-Pacific region to be the fastest market. Growing environmental concerns and need for waste management owing to increasing industrial left-over further fuels the Asia-Pacific industry.

Some of the key companies operating in the market include CleanRobotics; ZenRobotics Ltd.; AMP Robotics; SITA; VEX Robotics, Inc.; ABB Ltd.; Fanuc Corporation.; Gomex; Yaskawa Electric Corporation; Rockwell Automation, Inc.; Mitsubishi Electric Corporation; Schunk GmbH & Co. KG; Kawasaki Heavy Industries, Ltd.; KUKA Aktiengesellschaft; Apex Automation and Robotics Pty Ltd; The Qubix, among others.

trash robots market

TABLE OF CONTENTS

CHAPTER 1. Market Scope and Methodology

1.1. Research methodology

1.2. Research scope & assumptions

1.3. List of data sources

CHAPTER 2. Executive Summary

2.1. Global Trash Robots (Trashbots) – Market Snapshot

CHAPTER 3. Industry Analysis

3.1. Market definition

3.2. Market segmentation

3.3. Key findings of the Global Trash Robots (Trashbots) market

3.4. Value chain analysis

3.5. Market opportunities & trends

3.5.1. Market driver analysis

  3.5.1.1. Growing awareness about recycling of garbage and waste management

  3.5.1.2. Increasing adoption of trash robots in industries to reduce their manufacturing cost

  3.5.1.3. Increasing use of consumer electronics & connected devices, and internet of things (IoT)

  3.5.1.4. Need for waste management system in the smart cities projects

       3.5.2. Market restraint analysis

  3.5.2.1. Technological advancement in the field of robotics require more cost for R&D purposes

       3.5.3. Industry Analysis-Porters five forces of analysis

CHAPTER 4. Competitive Outlook

4.1. Competitive analysis

4.2. Competitive factors

4.3. Strategies adopted

CHAPTER 5. Global Trash Robots (Trashbots) Market Size and Forecast (2014 – 2024) (USD Million)

5.1. Global Trash Robots (Trashbots) Market, By Type (USD Million)

5.1.1. Garbage Cleaner & Collector (GCC) Trashbots

5.1.2. Garbage Sorter and Exchanger (GSE) Trashbots

5.1.3. Garbage Recycler and Waste Management (GRWM) Trashbots

5.2. Global Trash Robots (Trashbots) Market, By Size (USD Million)

5.2.1. Small Trashbots

5.2.2. Medium Trashbots

5.2.3. Large Trashbots

5.3. Global Trash Robots (Trashbots) Market, By End-User (USD Million)

5.3.1. Residential and Smart Homes

5.3.2. Hypermarket

   5.3.2.1. Supermarket

   5.3.2.2. Departmental Stores

        5.3.3. Waste Management Industries

        5.3.4. Others

5.4. Global Trash Robots (Trashbots) Market, By Application (USD Million)

5.4.1. Residential

5.4.2. Institutional

5.4.3. Commercial

5.4.4. Others

5.5. Global Trash Robots (Trashbots) Market, By Region (USD Million)

5.5.1. North America

5.5.2. Europe

5.5.3. Asia-Pacific

5.5.4. Rest of the World (RoW)

CHAPTER 6. Global Trash Robots (Trashbots) Market, By Geography

6.1. North America Trash Robots (Trashbots) Market (USD Million)

6.1.1. North America Trash Robots (Trashbots) Market, By Type (USD Million)

6.1.2. North America Trash Robots (Trashbots) Market, By Size (USD Million)

6.1.3. North America Trash Robots (Trashbots) Market, By End-User (USD Million)

6.1.4. North America Trash Robots (Trashbots) Market, By Application (USD Million)

6.1.5. North America Trash Robots (Trashbots) Market, By Country (USD Million)

   6.1.5.1. U.S.

   6.1.5.2. Canada

   6.1.5.3. Mexico

6.2. Europe Trash Robots (Trashbots) Market (USD Million)

6.2.1. Europe Trash Robots (Trashbots) Market, By Type (USD Million)

6.2.2. Europe Trash Robots (Trashbots) Market, By Size (USD Million)

6.2.3. Europe Trash Robots (Trashbots) Market, By End-User (USD Million)

6.2.4. Europe Trash Robots (Trashbots) Market, By Application (USD Million)

6.2.5. Europe Trash Robots (Trashbots) Market, By Country (USD Million)

    6.2.5.1. Germany

    6.2.5.2. France

    6.2.5.3. U.K.

    6.2.5.4. Italy

    6.2.5.5. Spain

    6.2.5.6. Rest of Europe

6.3. Asia-Pacific Trash Robots (Trashbots) Market (USD Million)

6.3.1. Asia-Pacific Trash Robots (Trashbots) Market, By Type (USD Million)

6.3.2. Asia-Pacific Trash Robots (Trashbots) Market, By Size (USD Million)

6.3.3. Asia-Pacific Trash Robots (Trashbots) Market, By End-user (USD Million)

6.3.4. Asia-Pacific Trash Robots (Trashbots) Market, By Application (USD Million)

6.3.5. Asia-Pacific Trash Robots (Trashbots) Market, By Country (USD Million)

   6.3.5.1. China

   6.3.5.2. Japan

   6.3.5.3. South Korea

   6.3.5.4. India

   6.3.5.5. Rest of Asia-Pacific

6.4. Rest of the World (RoW) Trash Robots (Trashbots) Market (USD Million)

6.4.1. Rest of the World (RoW) Trash Robots (Trashbots) Market, By Type (USD Million)

6.4.2. Rest of the World (RoW) Trash Robots (Trashbots) Market, By Size (USD Million)

6.4.3. Rest of the World (RoW) Trash Robots (Trashbots) Market, By End-User (USD Million)

6.4.4. Rest of the World (RoW) Trash Robots (Trashbots) Market, By Application (USD Million)

6.4.5. Rest of the World (RoW) Trash Robots (Trashbots) Market, By Country (USD Million)

   6.4.5.1. Middle East and Africa

   6.4.5.2. South America

CHAPTER 7. Key Players and Strategic Developments

7.1. Clean Robotics

7.1.1. Business Overview

7.1.2. Product and Service Offering

7.1.3. Financial Overview

7.1.4. Strategic Developments

7.2. Zen Robotics Ltd.

7.2.1. Business Overview

7.2.2. Product and Service Offering

7.2.3. Financial Overview

7.2.4. Strategic Developments

7.3. AMP Robotics

7.3.1. Business Overview

7.3.2. Product and Service Offering

7.3.3. Financial Overview

7.3.4. Strategic Developments

7.4. SITA

7.4.1. Business Overview

7.4.2. Product and Service Offering

7.4.3. Financial Overview

7.4.4. Strategic Developments

7.5. VEX Robotics, Inc.

7.5.1. Business Overview

7.5.2. Product and Service Offering

7.5.3. Financial Overview

7.5.4. Strategic Developments

7.6. ABB Ltd.

7.6.1. Business Overview

7.6.2. Product and Service Offering

7.6.3. Financial Overview

7.6.4. Strategic Developments

7.7. SCHUNK GmbH & Co. KG

7.7.1. Business Overview

7.7.2. Product and Service Offering

7.7.3. Financial Overview

7.7.4. Strategic Developments

7.8. KUKA Aktiengesellschaft

7.8.1. Business Overview

7.8.2. Product and Service Offering

7.8.3. Financial Overview

7.8.4. Strategic Developments

7.9. Apex Automation and Robotics Pty Ltd

7.9.1. Business Overview

7.9.2. Product and Service Offering

7.9.3. Financial Overview

7.9.4. Strategic Developments

7.10. The Qubix

7.10.1. Business Overview

7.10.2. Product and Service Offering

7.10.3. Financial Overview

7.10.4. Strategic Developments

7.11. Abbreviation

Global Trash Robots (Trashbots) Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation Forecast 2024