Packaging Automation Market Enhancement and Growth Factor Detailed For Business Development 2020- Mitsubishi Corporation, Rockwell Automation, De-Sta-Co, Swisslog Holding Ag

The Latest report about the Packaging Automation market provides a detailed evaluation of the business vertical in question, alongside a brief overview of the industry segments. An exceptionally workable estimation of the present industry scenario has been delivered in the study, and the Packaging Automation market size with regards to the revenue and volume have also been mentioned. In general, the research report is a compilation of key data with regards to the competitive landscape of this vertical and the multiple regions where the business has successfully established its position.

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Pricing pressure from the food & beverages industry, rising demand for complete packaging line from end users, increasing demand for modular machines, and shift in purchasing habits, are the major trends that are expected to shape the packaging automation market over the forecast period. The scope of the market covers the automation solutions for machinery that are solely used for packaging.

The trend toward less staff per line, improving labor productivity, ensuring quality, and reducing packaging and storage costs, has been driving the need for automated packaging machinery across the globe. Further, the integration of Big Data analysis, smart maintenance, and model-based engineering are providing scope for improvement. These benefits of automation in packaging, coupled with the rising demand for supply chain integration, have augmented the growth of the packaging automation market.

Market Segmentation-

The Global Packaging Automation market report chiefly includes following manufacturers-

Mitsubishi Corporation, Rockwell Automation, De-Sta-Co, Swisslog Holding Ag, Emerson Industrial Automation, Ulma Packaging, Ats Automation Tooling Systems, Abb Ltd, Massman Automation Designs, Llc, Schneider Electric, Denso Corporation, And Gerhard Schubert Gmbh

Global Packaging Automation Market Competitive Landscape:

Focus of Manufacturers on Cost Cutting and Business Process Improvement

To remain productive and competitive, manufacturers are adopting creative and energy-efficient ways, to conserve resources, improve recycling levels, and develop new generations of materials. For example, labor rates in Chinese cities have increased dramatically over the past few years, implying that the supposed low-cost offshoring no longer makes sense, without significant investment in automation. The seamless integration of hardware and software is enabling manufacturing industries to reduce wastage, lower accident rates, and produce robust and accurate products, in an economically profitable way. These systems offer better monitoring and maintenance options, thus reducing glitches in the manufacturing process. With technologies, such as DCS, PLC, SCADA, and MES, automation equipment have become more sophisticated, and can perform more complex actions at a comparatively low operating cost. In addition, with advances in the sensor technology, these technologies have started the era of smart packaging, which results in an improvement in manufacturing processes.

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Key Developments in the Market

Feb 2017 - ABB acquired a Spanish start-up company NUB3D, a leading innovator of digital, 3D inspection and quality-control solutions. The acquisition was aimed at expanding ABBs portfolio in the industrial Internet of Things, and complement ABBs ability for intelligent cloud solutions, using connected devices to generate actionable digital information for a broad range of customers.

Jul 2017 - ABB acquired B&R. The acquisition was aimed at integrating B&R with ABBs Industrial Automation division, as the new Machine & Factory Automation global business unit, and complement the companys offerings in PLCs, industrial PCs, servo motion products, and software and solution suites, for end-to-end digitization in automated manufacturing and processes, in plastics, packaging, food & beverage, and other end-user industries.

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Table of Contents:

Executive Summary: The report begins with a summary of the entire research study, along with CAGR and value or volume forecasts.

Top Segments: As the name suggests, this section gives details about leading and also other segments, their growth potential, share, and other important factors.

Leading Regions: Here, readers are provided with an in-depth study on key regions and countries and their overall growth during the forecast period.

Company Profiling: This section includes a detailed comparison of top Packaging Automation players, accurate analysis of the competitive landscape, and other studies.

Dynamics: Buyers of the report have access to an intelligent research study on crucial drivers, restraints, trends, and opportunities in the Packaging Automation business.

Conclusion: Here, the analysts authoring the report have provided their overall take on the Packaging Automation business and the industry. This section also includes important findings from the research study.

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