Packaging Robots Market Key players- ABB Limited, Krones AG, Fanuc Corporation and Schneider Electric SE Market study and Forecast 2016-2024

Market Overview

With the advancement in technologies and industrial automation that is taking place in recent years almost each and everything is automated whether its robots in agriculture or robots that are used for packaging purposes. Packaging robots are the robotics system that is widely used for packaging purposes to lower the labor force in an industry. In order to make the process of packaging faster and more precise, manufacturers are using packaging robots for packaging operations. With the betterment of growth in manufacturing sector, there has been a rapid change in technologies. One of the technologies is packaging robotics technology that not only saves the times but is also cost efficient. Because of the expeditious shipment of products, the demand for packaging robots is swelling rapidly across the globe. These robots not only save time but also help in fulfilling the targets within prescribed time.

In the former days, BugBot has announced a new packaging machine which is named as robotics packaging machine that will increase the level of productivity up to 100% cutting down the cost and saving time of manufacturers.

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The market of packaging industry globally covers approximately USD 960 billion in 2016 which include manufacturing industries, food and beverages industries, textile industries, etc in which packaging robots are used in almost more than 60% of industries now a days. The leading region which has most number of packaging robots is Asia-Pacific which covers almost 70% market share in global packaging robots market.

Packaging robots market is mainly driven by the growing need for efficient and accurate packaging systems. Moreover, rapid expansion various end-use industries such as food & beverages, pharmaceutical and others is one of the key factor which is pushing the industry players towards the adoption of packaging robots. Notwithstanding the facts that there are high cost of equipping packaging machines or robots which work as hindrance for the growth of global packing robots market.

Market Segmentation

On the basis of component 
Hardware 
Automation and control system 
Sensing and monitoring device 
Software 
Local/Web based Software 
Cloud based Software 
Services 
Managed services 
Connectivity services 
Maintenance/Support services 
On the basis of gripper type 
Clamps 
Claws 
Vacuums 
Others 
On the basis of application 
Picking and placing 
Packing 
Case packing 
Tray packing 
Filing 
Others 
Palletizing 
Case palletizing 
Bag palletizing 
De-palletizing 
By End User 
Manufacturing 
Food & beverage 
Logistics 
Pharmaceutical 
Others 
By Region 
North America (US, Canada) {Market Share (%), Market Size (USD Million), Product Sales (Units)} 
Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Million), Product Sales (Units)} 
Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Million), Product Sales (Units)} 
Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Million), Product Sales (Units)} 
Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Million), Product Sales (Units)} 
Rest of the World{Market Share (%), Market Size (USD Million), Product Sales (Units)} 
Market Size and Forecast (2016-2024)

Key Trends and Growth Drivers

Growth drivers that propel the market of packaging robot are:

Increasing use of packaging robots in order to increase the efficiency and accuracy in packaging operations. 
Cutting down the cost as it decreases the number of human workforce and saves time. 
Also the reinforcement in consumption of food and beverage is likely to lift the demand for packaging robots across the globe. 
Restraints

There are several factors that work as restrain and curtail the growth of global packaging robots market:

Lack of trained staff and personnel. 
Also the high set up cost. 
Key Findings

In Asia Pacific, China is said to have the highest share of approximately 46% in 2016. 
The market of China has sold 70,000 units of packing robots in the recent years. 

Key Market Players

ABB Limited 
Synopsis 
Business Strategy 
Product Portfolio 
SWOT Analysis 
Krones AG 
Fanuc Corporation 
Schneider Electric SE 
Yaskawa America Inc. 
Mitsubishi Electric Corporation 
Bosch Packaging Technology (Robert Bosch GmbH) 
Brenton Engineering 
Kuka Roboter GmbH 
Remtec Automation LLC. 
GUANGZHOU RISONG INTELLIGENT TECHNOLOGY HOLDING (CN) 
Brokk AB (SE) 
Durr Systems 
Amada Co Ltd. 
FIPA GmbH 
Kejie Group 
Star Seiki Co 
Ylog GmbH 
Weiss Robotics 
Suzhou GST Technology 
Scope Background

  …Continued      

 

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