Food Robotics Market Future trends, technological innovations, business strategists, and Competitive Insights (2018-2027) | Electric Corporation (Japan), ABB Group (Switzerland), Kawasaki Heavy Industries Ltd. (Japan)

Premium market insights “Food Robotics Market” research offers comprehensive forecast coverage and market insights, alongside expert analysis of the latest developments and opportunities in this major industry.

The global food robotics market is expected to reach $3,612 million by 2023, from $1,535 million in 2016, registering a CAGR of 13.0% during the forecast period. Various technological advancements across numerous sectors have brought fiction robots to reality. Increase in demand for enhanced productivity augments the deployment of robots to automate the tasks. This results in robots being an integral part of these industries.

Increase in demand for packaged food predominantly drives the market. Globally, the demand for packaged food is anticipated to increase at a moderate rate during the forecast period. This is expected to surge the demand for food robotics in the near future. In addition, the increase in food safety regulations is expected to boost the demand for food robotics during the analysis period.

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The report segments the global food robotics market based on type, payload, application, and geography. Based on type, the market is divided into articulated, cartesian, scare, parallel, cylindrical, collaborative, and others. On the basis of payload, it is classified into low, medium, and high. The application areas of the industry are broadly classified into palletizing, packaging, repackaging, pick & place, processing, and others. The market is analyzed based on four regions, namely North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is expected to dominate the global food robotics market till 2023.

The prominent players in the global food robotics market have strategically focused on product launch as their key strategy to gain significant share in the market.

The key players profiled in the report are
Mitsubishi Electric Corporation
ABB Group
Rockwell Automation Incorporated
Kawasaki Heavy Industries Ltd.
Kuka AG
Fanuc Corporation
Yaskawa Electric Corporation
Seiko Epson Corporation
Staubli International AG
Universal Robotics A/S

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KEY MARKET SEGMENTATION

By Type

Articulated
Cartesian
Scara
Parallel
Cylindrical
Collaborative
Others

By Payload

Low
Medium
High

By Application

Palletizing
Packaging
Repackaging
Pick & Place
Processing
Others

By Geography

North America
U.S.
Rest Of North America
Europe
Italy
Uk
Germany
France
Rest Of Europe
Asia-Pacific
Japan
Australia
Rest Of Asia-Pacific
Lamea
Latin America
Middle East
Africa

KEY BENEFITS FOR STAKEHOLDERS

• This report provides an extensive analysis of the current trends and emerging estimations in the global food robotics market.
• In-depth analysis of the industry is conducted through market estimations of key segments from 2017 to 2023.
• Competitive intelligence of leading manufacturers and distributors of food robotics helps understand the competitive scenario across geographies.
• Comprehensive analysis of factors that drive and restrain the growth of the market is provided in the report.
• Extensive analysis of the industry is conducted by following key product positioning and monitoring the top competitors within the market framework.
• The key players are profiled along with their strategies to determine the competitive outlook of the market.

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This release was published on openPR.