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Industrial Palletizing Robots Market - Industry Trends and Forecast to 2025
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Market Overview:
Industrial palletizing refers to loading and unloading parts, boxes, or different things to or from pallets. With the help of industrial palletizing robots, the consistency of loading and unloading is increased. There are various end-of-arm tooling styling which allows flexibility by different types of industrial palletizing robots. Industrial Palletizing robots demand is rising because of its application in stacking cases, bags, cartons, boxes, bottles, and others onto pallets, and easing the process of palletizing in the manufacturing industry. Palletizing is usually the last step in the assembly line before the final products are loaded onto a shipping truck.
Market Dynamics:
Industrial palletizing robots market is anticipated to witness constant growth over the forecast period. Advancement in technology in various industries which are enhancing operational efficiencies and supply chain with industrial palletizing robots, are nurturing the growth of the global industrial palletizing robots market. Apart from this, robust demand for fast palletization in food and beverage is predicted to strengthen the growth of the global industrial palletizing robots during the forecast period 2017-2027. The demand for industrial palletizing robots is gradually rising in the Food & Beverage industry, since this industry have innovative ways of packaging the products. Due to significant growth in the demand from F&B industry, the market for industrial palletizing robots is increasing globally. Also, development of new human machine interface panels, that is changing industrial palletizing robots which provide features for layers of product and patterns & handling multi-case sizes, are projected to increase the demand for global industrial palletizing robots market over the following years from 2017-2027.
High operational costs of industrial palletizing robots is the major restraint for the industrial palletizing robots market. Huge capital and high R&D cost are affecting the profit margins of industrial palletizing robots market and is an important factor hindering the
Market Segmentation:
Industrial Palletizing Robots market is segmented on the basis of types; industries; application in manufacturing, and warehousing & distribution; and regions.
On the basis of types, Industrial Palletizing Robots market is segmented into Articulated Robot, Collaborative Robots, Parallel Robots, and Paint Robots.
On the basis of industries, Industrial Palletizing Robots market is segmented into Building Materials, Cement, Chemical, Food & Beverage, Animal Feed Industries, and others.
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On the basis of application in manufacturing, Industrial Palletizing Robots market is segmented into Food, Beverages, and Packaged Goods.
On the basis application in warehousing & distribution, Industrial Palletizing Robots market is segmented into Tote Handling, Palletizing, Mixed-Load or Mixed-Case Order Fulfillment.
On the basis of geographical regions, the Industrial Palletizing Robots market is segmented into seven different regions: North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific region, Japan, and the Middle East and Africa.
Among all the regions, Europe is the leading market and has highest share in the overall market in global Industrial Palletizing Robots market, followed by North America and. In the forecast period, APAC is anticipated to have highest growth in the Industrial Palletizing Robots market. MEA and Latin America are also projected to witness rapid growth in coming years.
Key Market Players:
Some of the key players in the global Industrial Palletizing Robots Market are ABB Flexible Automation Inc., Beumer Corporation, KHS GmbH, Alligator Automation Inc, Kuka Roboto GmbH, Adept Technology Inc., CLEVERTECH, Project Intelligrated Inc. and few other regional players.
About TMR
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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