Robotic Waste Sorting System Market Insights Video
According to Cognitive Market Research, the global robotic waste sorting system market size is USD 2158.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 20.50% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 863.44 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 647.58 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 496.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 22.5% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 107.93 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 43.17 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.2% from 2024 to 2031.
The plastic products sorting held the highest Robotic waste sorting system market revenue share in 2024.
