openPR Logo
Press release

The Global Food Robotics Market to Garner $6161.16 Million by 2028

07-15-2020 03:40 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Triton Market Research

Global Food Robotics Market

Global Food Robotics Market

According to Triton Market Research’s report, the global food robotics market accumulated $1724.19 million in 2019, and will showcase 15.20% of CAGR by 2028.

A recent study by Triton Market Research titled ‘Global Food Robotics Market,’ covers the Global Analysis and Forecasts by Application (Processing, Packaging, Repackaging, Palletizing, Pick & Place, Others), by Type (Cartesian, Cylindrical, Articulated, Collaborative, SCARA, Parallel, Others), by Payload (Low, Medium, High), and Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa).

Request Free Sample of the Global Food Robotics Market Report @ https://www.tritonmarketresearch.com/reports/food-robotics-market#request-free-sample

Triton Market Research's report estimates the global food robotics market to chart 15.20% of CAGR over the forecast period from 2019 to 2028, and generate revenues worth $6161.16 million by 2028.

Advancements in technology have widened the application horizon of robotics across various end-user industries. Chemical, metal, electrical & electronics, plastics, food, automotive, etc., are the various sectors in which robots are deployed. The past few years have seen robotics gain traction in the F&B industry, which is attributable to the benefits offered by robots, high productivity, enhanced flexibility, and better cleanliness & hygiene, among others.

The surge in demand for packaged food, as well as the strict rules and regulations concerning food safety, is driving the growth of the studied market. Of late, there has been an increase in the number of deceptive practices in the food & beverage industry, such as food contamination and adulteration. Hence, several food safety regulatory bodies, such as the FDA, have been taking stringent measures to combat such fraudulent activities.

Thus, there has been a growth in the adoption of robots equipped with advanced features, such as vision systems, robotic manipulators, end effectors, which help eliminate contamination due to human contact. The increase in food safety regulations has, therefore, positively influenced the demand for food robotics. The growth of the food robotics industry is, however, being retrained by the absence of skilled personnel to operate these systems.

The market for food robotics is primarily classified into application, type, and payload. Based on application, it is divided into Processing, packaging, repackaging, palletizing, pick & place, and others. Whereas, based on type, it is segmented into cartesian, cylindrical, articulated, collaborative, SCARA, parallel, and others. And according to payload, the market is trifurcated into low, medium, and high.

The market in the Asia-Pacific is expected to record the fastest growth rate, globally, over the forecasted period. The APAC is the world’s manufacturing hub, and robots are increasingly being deployed across various sectors in the region, as they offer improved efficiency and reduce human errors. Besides, there is a rising demand for automation of processes. One such industry is the food processing industry, which has been using robotics to carry out several of their processes. Adopting these systems has helped them increase their production, produce better-quality results, and reduce wastage.

Precise Automation Inc, Robert Bosch GmbH, Yaskawa Electric Corporation, Mitsubishi Electric Corporation, Rockwell Automation Inc, Universal Robots, Stäubli International AG, Mayekawa Mfg Co Ltd, Fanuc Corporation, Kuka AG, Kawasaki Heavy Industries Ltd, Seiko Epson Corporation, Flexicell, ABB Ltd (ABB Robotics), and Bastian Solutions Inc are the established names operating in this market.

Purchase this Report @ https://www.tritonmarketresearch.com/reports/food-robotics-market#purchase-option

Question & Answer: Food Robotics Market

Question 1: What factors are driving the growth of the food robotics market?
Answer: The surge in demand for packaged food, as well as the strict rules and regulations concerning food safety, is driving the growth of the food robotics market.

Question 2: What factors are restraining the growth of the food robotics market?
Answer: The growth of the food robotics industry is being retrained by the absence of skilled personnel to operate these systems.

Question 3: How is the Asia-Pacific influencing the outlook of the food robotics market?
Answer: The market in the Asia-Pacific is expected to record the fastest growth rate, globally, over the forecasted period. The APAC is the world’s manufacturing hub, and robots are increasingly being deployed across various sectors in the region, as they offer improved efficiency and reduce human errors. Besides, there is a rising demand for automation of processes. One such industry is the food processing industry, which has been using robotics to carry out several of their processes. Adopting these systems has helped them increase their production, produce better-quality results, and reduce wastage.

Question 4: Which are the established names operating in the food robotics market?
Answer: Precise Automation Inc, Robert Bosch GmbH, Yaskawa Electric Corporation, Mitsubishi Electric Corporation, Rockwell Automation Inc, Universal Robots, Stäubli International AG, Mayekawa Mfg Co Ltd, Fanuc Corporation, Kuka AG, Kawasaki Heavy Industries Ltd, Seiko Epson Corporation, Flexicell, ABB Ltd (ABB Robotics), and Bastian Solutions Inc are the established names operating in this market.

Related Report:
Global SCARA Robots Market

The global SCARA robots market market is set to exhibit a growth in revenue over the forecast years 2019-2028. It will record a CAGR of 9.51%, generating $18.58 billion by 2028.

The growing demand automation in developing nations has acted as a growth opportunity for the SCARA robots market. In the Asia-Pacific region, the automotive and manufacturing industries are witnessing rapid growth. Moreover, the low costs of manufacturing, growing awareness regarding the importance of automation, and supportive government policies are influencing the adoption of robotic systems such as SCARA.

The governments in numerous countries are providing financial aid to industries to enhance the adoption of automation systems in order to improve industrial processes. Furthermore, manufactueres of SCARA robotic systems have been increasingly incorporating the latest technologies into these systems, so that they can handle heavier loads. The development of these advanced SCARA robots will help them gain an edge over their Cartesian and articulated counterparts.

Triton Market Research
196, wards wharf approach
London E16 2EQ
Phone: +44 7441 911839
Email: sales@tritonmarketresearch.com
Website: https://www.tritonmarketresearch.com/

We are a leading market research company with offices in the UK, providing the best online market research and data search reports to our clients.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The Global Food Robotics Market to Garner $6161.16 Million by 2028 here

News-ID: 2090671 • Views:

More Releases from Triton Market Research

Virtual Power Plant Market - Growth Trends in 2024-2032
Virtual Power Plant Market - Growth Trends in 2024-2032
According to Triton's research report, the global virtual power plant market generated $XX million in 2023 and is expected to generate a CAGR of 23.65% in revenue over the forecasting years 2024-2032. A recent study by Triton Market Research titled Global Virtual Power Plant Market includes the Global Analysis and Forecasts by End-User (Industrial, Residential, Communication), Technology (Distributed Generation, Mixed Assets, Demand Response), and Regional Outlook (North America, Middle East and
The Complete Analysis of the Global Gaming Market for 2024-2032
The Complete Analysis of the Global Gaming Market for 2024-2032
According to Triton's research report, the global gaming market generated $XX million in 2023 and is expected to generate a CAGR of 11.45% in revenue over the forecasting years 2024-2032. A recent study by Triton Market Research titled Global Gaming Market includes the Global Analysis and Forecasts by Type (Offline, Online), Device Type (PC Gaming, Console Gaming, Browser Gaming, Mobile Gaming [Ios, Android]), Component (Hardware, Software), Genre (Arcade Games, Strategy &
Market Forecast for Global Energy Retrofit System: 2024-2032
Market Forecast for Global Energy Retrofit System: 2024-2032
As per Triton's report, the global energy retrofit system market is deemed to advance at a CAGR of 4.05% over the forecast years 2024-2032. A recent study by Triton Market Research titled the Global Energy Retrofit System Market report is sectioned by Product (LED Lighting, HVAC, Envelope, Appliances), Type (Deep Retrofit, Quick Wins Retrofit), Application (Residential, Commercial, Institutional), and Regional Outlook (Europe, Middle East and Africa, North America, Asia-Pacific, Latin America). Read
Global Artificial Intelligence (AI) Trends in Healthcare, 2024-2032
Global Artificial Intelligence (AI) Trends in Healthcare, 2024-2032
As per Triton's report, the global artificial intelligence (AI) in healthcare market is estimated to progress at a CAGR of 37.14% over the forecast years 2024-2032. A recent study by Triton Market Research titled the Global Artificial Intelligence (AI) in Healthcare Market report is sectioned by Industry Vertical (ACOS and MCOS, Healthcare Providers, Pharmaceutical and Biotechnology Companies, Patients, Payers), Technology (Natural Language Processing, Deep Learning, Context Aware Processing, Querying Method), Type

All 5 Releases


More Releases for Robotics

Edible Soft Robotics Market is Booming Worldwide with Rethink Robotics, ReWalk R …
Latest released Global Edible Soft Robotics Market Research Report provides detailed assessment about Key and emerging Players highlighting profiles, product portfolio, market price, and sales revenue to better derive market size estimation. With this evaluation the aim is to throw lights on Future trends, Growth Factors, opinions and facts derived from industry executives with statistically supported and validated market data. Furthermore, a clear explanation of How or Why this market
Rehabilitation Robotics Market 2025 - Kinova Robotics, Rehab-Robotics Company, T …
Rehabilitation Robotics market is evaluated based on two segments i.e., by type and application and covers essential statistics and details for current and future market scenarios. The report actively includes informative aspects relating to product developments, launches, and trends, to assist market players, shareholders, and investors in strategic decision making. Check for the sample here - https://www.premiummarketinsights.com/sample/TIP00000795
Cloud Robotics Market | Kuka Robotics, ABB Group, Fanuc Corporation, Cavalry Rob …
Global Cloud Robotics Market: Snapshot Cloud robotics leverages remote computing resources for greater memory, collective learning, computational power, and interconnectivity for applications in robotics. Those come in especially handy when storage or computational demands surpass on-board capacity. Massive resources in a datacenter are a great way to supplement the limited local resources. Cloud robotics in the past few years has disrupted the functioning of robots drastically. From the single-purpose robotics of that
Warehouse Robotics Market 2020 – 2027: Technological Advancement and Growth Op …
The Insight Partners delivers well-researched industry-wide information on the Warehouse Robotics Market. It provides information on the market’s essential aspects such as top participants, factors driving Warehouse Robotics market growth, precise estimation of the Warehouse Robotics market size, upcoming trends, changes in consumer behavioral pattern, market’s competitive landscape, key market vendors, and other market features to gain an in-depth analysis of the market. Additionally, the report is a compilation of
Parallel Robots Market Key Player Analysis – ABB, Codian Robotics, Fanuc, Omro …
UpMarketResearch.com adds a new Parallel Robots Market research report for the period of 2019 - 2025 focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. Request Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/77782 Parallel Robots Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and
Global Interactive Robots Market 2018 – Blue Frog Robotics, Pal Robotics, S …
This report studies the global Interactive Robots market status and forecast, categorizes the global Interactive Robots market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). Request Sample At: https://www.bigmarketresearch.com/request-sample/2807080 The major manufacturers covered in this report Pal Robotics Blue Frog Robotics Softbank Robotics Vstone Savioke Ecovacs Robotics AvatarMind Robot Care System Bossa Nova Robotics Future Robotics ASUS Fellow Robots Honda Geographically, this report studies