Press release
Packaging Robots Market by Gripper Type, Application, Analysis, 2023 | Key Segments, Top Impacting Factor, Top Leading Players
According to a new report published by Allied Market Research, titled, Packaging Robots Market by Gripper Type, Application and End User: Global Opportunity Analysis and Industry Forecast, 2016-2023, the packaging robots market size was valued at $2471 million in 2016 and is projected to reach $4,649 million by 2023, growing at a CAGR of 9.6% from 2017 to 2023.Request for a Premium Sample Report @ https://www.alliedmarketresearch.com/request-sample/2286
Vacuum grippers are widely used in picking up flat materials such as glass sheets or metal sheets. Such types of grippers use suction caps to grip multiple objects at once, during packaging and palletizing processes. Objects such as big crates, boxes, cans, and bottles are handled by vacuum grippers and hence has observed a significant usage in the packaging industries.
The global packaging robot industry is driven by factors such as growing need for automation in industry verticals, increased usage of robots for maximum efficiency, and cost reduction benefits by adopting robotic packaging systems. Additionally, with the evolving global robotics industry and continuous growth in retail and e-commerce industry, the packaging robots market is likely to spur during the forecast period. However, high initial cost and a shortage of skilled and trained personnel restrain the packaging robots market growth.
Key Segments
The global packaging robots industry is segmented into gripper type, application, end-user, and geography.
Based on the gripper type, the packaging robots market is categorized into the clamp, claw, vacuum, and others.
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On the basis of application, the market is classified into picking & placing, packing, and palletizing. Packing, one of the key applications in the global packaging robots market, is further segmented into tray packing, case packing, filling, and others whereas palletizing involves case palletizing, bag palletizing, and de-palletizing.
By end-user, the packaging robots market is broadly classified into food & beverage, logistics, pharmaceutical, consumer products, and others.
The market is analyzed across four regions-North America, Europe, Asia-Pacific, and LAMEA.
Key Players
The report includes a comprehensive analysis of the key players in the global packaging robots market, such as ABB Limited, Krones AG, Fanuc Corporation, Schneider Electric SE, Yaskawa America Inc., Mitsubishi Electric Corporation, Bosch Packaging Technology (Robert Bosch GmbH), Brenton Engineering, Kuka Roboter GmbH, and Remtec Automation LLC.
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Key Benefits
This report provides an in-depth analysis of the global packaging robots market to identify the potential investment pockets.
It outlines the current trends and future scenarios to determine the overall market potential and gain a stronger market foothold.
Key drivers, restraints, and opportunities along with their detailed impact analysis have been elucidated.
Quantitative analysis of the market for the period of 2016-2023 is highlighted to recognize the financial competency of the packaging robots market.
Porters Five Forces model illustrates the threat of new entrants, the threat of substitutes, the strength of the buyers, and strength of suppliers.
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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