Overview of the global hazardous environment waste handling robots market

Research analysis on the global hazardous environment waste handling robots market identifies that the increased development of advanced robots to handle hazardous situations will be one of the major factors that will have a positive impact on the growth of the market across the globe. The implementation of robots in the industries which includes pesticide manufacturing plants, and petrochemical plants has led to the demand of advanced robots. These vendors are developing robots that are inert to the hazardous fumes and radioactive gases. Additionally, the involvement of robots in demolitions of building and nuclear plants to avoid the adverse effect on heath because of heavy machineries has led to the increase in demand for hazardous environment waste handling robots market. Technavio's market research analysts predict that this market will grow at a CAGR of around 17% by 2021.

In terms of geography, EMEA contributed the largest market share for this market in 2016. The high awareness of these robots among industry players coupled with strict regulations ensuring the safety of workers is expected to impact the growth of this market significantly. Further, the rapid implementation of nuclear decommissioning plans by the European countries will impact the deployment of these robots across the region.

Competitive landscape and key vendors

Owing to the presence of a considerable number of vendors, this market is highly competitive. The existing players in the market are concentrating on developing new solutions for nuclear plant decommissioning, mining, and construction activities. The development of advanced technology which includes improved software, artificial intelligence, vision systems, and collaboration with robots will intensify the market competition.

The leading vendors in the market are -

• Brokk
• KUKA
• OC Robotics
• PaR Systems

Segmentation by application and analysis of the hazardous environment waste handling robots market

• Industrial sector
• Nuclear sector

During 2016, the industrial sector segment accounted for the major shares of this market. This segment includes construction, mining, and chemical and petrochemical industries.  The growing industrial activities globally has directly impacted in the accumulation of waste which, in turn has increased the demand for hazardous environment waste handling robots.

Segmentation by solution and analysis of the hazardous environment waste handling robots market

• Software
• Hardware
• Services

The software segment contributed the highest revenue share in this market in 2016. The increasing demand for robots which can be controlled remotely for high risk application such as nuclear reactor decommissioning may prove to be the major influenceing factor in the growth of this segment. Consequently, the segment will witness high demand for software to support complex and hazardous environments.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global hazardous environment waste handling robots market?
• What are the key market trends impacting the growth of the global hazardous environment waste handling robots market?
• What are the challenges to market growth?
• Who are the key vendors in the global hazardous environment waste handling robots market?
• What are the market opportunities and threats faced by the vendors in the global hazardous environment waste handling robots market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global hazardous environment waste handling robots market?

Technavio also offers customization on reports based on specific client requirement.

Hazardous Environment Waste Handling Robots are basic material handling robots used in industries for decontamination and decommissioning. These robots eliminate the need of human to work in the hazardous environment and comprise an essential part of industrial automation industry. The upcoming report on global hazardous environment waste handling robots market also identifies some of the vendors competing in this market and affecting the robotics sector as PAR Systems, Konecranes, DX Engineering, Refind Technologies, Brokk, and Createc.

To offer clients insights they are looking for, Technavio uses extensive primary and secondary research methods to gather market information and find out the growth potential of the market. In-depth analysis of factors such as technological advancements, safety standards, and demands as per geographical regions are also carried out to accurately understand and forecast the market's growth prospects during the forecast period. The report also gathers data from customer feedbacks and suggestions, customer experiences, case studies, and personal interview with industry experts.

This upcoming report on the global hazardous environment waste handling robots market also analyzes the market and its growth potential for each geographic segment by covering regions such as Americas, EMEA, and APAC. Our analysts concur with the view that robots will be more involved in day-to-day life in the coming years. The market for hazardous environment waste handling robots would experience a surge in demand attributed to the current trend of robotics integration in daily life.

The upcoming market research report for the global hazardous environment waste handling robots market also highlights the key drivers, emerging trends, competitive intelligence, business customers, as well as the restraints that the robotics sector currently experiences. It also presents insights into the rapidly altering competitive scenario to give clients a precise picture of the competitive landscape within the industrial automation industry. Technavio also provides deep-dive market assessments into the automation sector.

Our market research methodology for the global hazardous environment waste handling robots market

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.