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Packaging Robots Market to Reach US$ 3,945.43 Billion, Globally, by 2028 at 11.49% CAGR: Premium Market Insights

08-28-2024 03:53 PM CET | Media & Telecommunications

Press release from: Premium Market Insights

Packaging Robots Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Industry Vertical (Food & Beverages, Pharmaceuticals, Consumer Electronics, and Others) and Application (Primary Packaging, Secondary Packaging, and Tertiary Packaging) The global packaging robots market is expected to grow from US$ 3,945.43 million in 2021 to US$ 8,448.21 million by 2028; it is estimated to grow at a CAGR of 11.49% during 2021-2028.

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Competitive Landscape: Packaging Robots Market:
Packaging is a critical procedure in manufacturing facilities, especially those that produce goods for the consumer market. The installation of a robotic packaging system increases flexibility and improves the packaging line's overall production. Furthermore, packaging robots can work in a variety of temperatures and take up significantly less floor area than people. Increased demand for various items is forcing enterprises to focus on improving production efficiency and implementing better operations management. The implementation of robotic automation in packaging units can help achieve overall equipment efficiency (OEE), which is a necessary need for long-term production efficiency. Robotic installation in packaging lines improves high-speed efficiency of product selecting, packing, and palletizing by reducing physical dexterity. Additionally, due to rising demand, a considerable number of investments have been recorded in the robotics domain. According to the surveys, the demand for robots was fueled by investments in new production capabilities and the modernization of industrial premises. Factors like as the development of energy-efficient packaging systems and fierce competition in all major manufacturing markets have made it possible to invest in the packaging robot technology around the globe.

ABB
Brenton, LLC
Fanuc Corporation
Krones AG
Kuka AG
Mitsubishi Electric Corporation
Remtec Automation, LLC
Syntegon Technology GmbH (Bosch Packaging Technology)
Schneider Electric SE

Chapter Details of Packaging Robots Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Packaging Robots Market Landscape
Part 04: Packaging Robots Market Sizing
Part 05: Packaging Robots Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Ankit Mathur
E-mail: sales@permiummarketinsights.com
Phone: +1-646-491-9876

About Us:
Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.
The market research industry has changed in last decade. As corporate focus has shifted to niche markets and emerging countries, a number of publishers have stepped in to fulfil these information needs. We have experienced and trained staff that helps you navigate different options and lets you choose best research solution at most effective cost

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