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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
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