Overview and Scope
Hazardous waste handling automation is the process of using technology and automation systems to enhance the management, handling, and disposal of hazardous waste materials. It involves the application of various technologies, including robotics, artificial intelligence (AI), machine learning, sensors, and automation software, to automate and streamline hazardous waste management processes.
Sizing and Forecast
The hazardous waste handling automation market size has grown rapidly in recent years. It will grow from $29.98 billion in 2023 to $33 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to stringent environmental regulations, occupational safety and health compliance, increased volume of hazardous waste, cost-efficiency and resource optimization, risk reduction and minimization..
The hazardous waste handling automation market size is expected to see strong growth in the next few years. It will grow to $46.61 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to technological integration in waste management, circular economy and sustainable practices, global industry trends in waste reduction, cross-sector collaborations, public awareness and environmental concerns.. Major trends in the forecast period include blockchain for compliance tracking, enhanced emergency response, data analytics for decision-making, collaboration with technology providers, focus on worker safety..
To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/hazardous-waste-handling-automation-global-market-report
Segmentation & Regional Insights
The hazardous waste handling automation market covered in this report is segmented –
1) By Type: Manipulator Arms, Telescoping Masts, Cranes, Trusses, Size Reduction Systems
2) By Waste: Listed Wastes, Characteristic Waste, Universal Wastes, Mixed Wastes
3) By End-User Industry: Manufacturing, Chemical, Energy, Consumer Care, Government, Other End Users
North America was the largest region in the global hazardous waste handling automation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hazardous waste handling automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10826&type=smp
Major Driver Impacting Market Growth
The increasing amount of waste is expected to boost the growth of the hazardous waste handling automation market going forward. The rapid rise in population and urbanization has led to an increase in the amount of waste which includes both hazardous and non-hazardous waste. While non-hazardous waste is comparatively easier to dispose of, hazardous waste disposal requires immediate attention. Hazardous waste handling automation ensures safe disposal of this waste, which otherwise could pose a risk to the manual handlers and the environment. For instance, in February 2022, according to an article published by the World Bank, a US-based international organization that provides financing, advice, and research to developing nations, the waste generated in 2020 was estimated to be 2.24 billion tons of solid waste, which amounted to a footprint of 0.97 kilograms of waste per person per day. Furthermore, with the rapid growth of population and urbanization, annual waste generation is set to see an increase of 73%, amounting to 3.88 billion tons by 2050. Therefore, the increasing amount of waste is driving the growth of the hazardous waste handling automation market.
Key Industry Players
Major companies operating in the hazardous waste handling automation market report are Hydrauliska Industri AB, Clean Harbors Inc., Konecranes Oyj, Penz Crane GmbH, PaR Systems Inc, Autosales Incorporated., Floatograph Technologies, Pallmann, Hosokawa Micron Powder Systems, Terex MHPS GmbH, Cargotec Corp., Covanta Holding Corp., Orange Business Services, Fritz Schäfer GmbH, Vecoplan AG, BHS-Sonthofen GmbH, Bühler Group, ANDRITZ AG, Komptech Group, Ecolab Inc., Veolia Environnement S.A., SUEZ India Private Limited, Stericycle Inc., Cleanaway Waste Management Limited, Remondis SE & Co. KG, Republic Services Inc., Advanced Disposal Services Inc., Casella Waste Systems Inc., Bigbelly Inc., Fomento de Construcciones y Contratas Environment Limited, Green For Life Environmental Inc., Meridian Waste, Progressive Waste Solutions Ltd., Recology, Rumpke Consolidated Companies Inc.
The hazardous waste handling automation market report table of contents includes:
1. Executive Summary
.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
The medical terminology software global market report 2024 from The Business Research Company provides comprehensive…
The apples global market report 2024 from The Business Research Company provides comprehensive market statistics,…
The ip video surveillance and vsaas global market report 2024 from The Business Research Company…
The change and configuration management global market report 2024 from The Business Research Company provides…
The generative ai in gaming global market report 2024 from The Business Research Company provides…
The electric blankets global market report 2024 from The Business Research Company provides comprehensive market…