The Hazardous Waste Handling Automation Global Market Report 2023, provides comprehensive information on the hazardous waste handling automation market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global hazardous waste handling automation market size is expected to grow from $27.14 billion in 2022 to $29.98 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global hazardous waste handling automation market size is expected to reach $42.57 billion in 2027 at a CAGR of 9.2%.
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The advancement of new hazardous waste handling automation products is a key trend gaining popularity in the hazardous waste handling automation market. Companies operating in the hazardous waste handling automation market are adopting new technologies for better handling of hazardous waste management to sustain their position in the market. For instance, in January 2022, Forth Engineering (Cumbria) Limited, a UK-based company that specializes in the design, manufacture, and installation of hazardous waste handling equipment, announced the launch of a robotic arm that imitates the mechanics of a human arm and can be used to remove particular waste safely and remotely from flammable liquids. The arm enables companies to target specific materials in the hazardous waste and shift them to a designated waste area safely thereby removing the time-consuming process of sifting that was carried out in the end.
The hazardous waste handling automation market 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 hazardous waste handling automation market in 2022.
The table of contents in TBRC’s hazardous waste handling automation market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Impact Of COVID-19
- Market Size And Growth
- Segmentation
- Regional And Country Analysis
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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