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Jul 26, 2020 (AmericaNewsHour) — In this report, the global packaging robot market was estimated as USD 1.42 billion in 2015 and is expected to grow significantly with a CAGR of over 13% over the forecast period."Packaging Robot Market", published by Xpodence Research, provides extensive insight and analysis of the Packaging Robot Market over the next eight years (2015-2025) and acts as a vital point of reference for operators or suppliers.
Packaging robots are automated control and versatile machine designed for prompt delivery of products, and primary & secondary packaging. The markets have a wide range of robot sizes, payload, mounting options, and reachability. Few factors associated with packaging robots are labor cost reduction, reduced packaging time, and ability to lift bulky packages.
Growing manufacturing sector, rising automation in packaging industry are expected to be the key factors driving the global packaging robot market.
"The Final Report will cover the impact analysis of COVID-19 on this industry."
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Moreover, continuous development in robotics technology, and constant growth in retail and e-commerce sector will also influenced packaging robot industry positively. Furthermore, growing manufacturing industries and requirement for advanced technology for decreasing the delivery time is projected to create lucrative opportunities for the packaging robot industry.Increasing application of automation in e-commerce, food & beverage, automotive and healthcare for increasing the process efficiency and meeting the requirements. Growth in industrialization and increasing need for automation for reducing costs and waste and enhancing the production efficiency is also positively influencing the industry. Increasing deployment of packaging robots in FMCG and food & beverage sector has led to the significant demand in Asia Pacific countries such as China, India, Japan, and South Korea.
The report includes –
Segmentation: On the basis of application, this report displays the revenue, market share and growth rate of each type, primarily split into
? Picking
? Packing
o Case Packing
o Tray Packing
o Filling
? Palletizing
o Case Palletizing
o Bag Palletizing
o De-Palletizing
? Gripper
o Claw
o Clamp
o Vacuum
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On the basis on the end-user, this report focuses on the status and outlook for major applications, market share and growth rate for each end-user industry, including
? Food & Beverages
? Consumer Products
? Tracking & Logistics
? Pharmaceuticals
? Chemicals
? Industrial Packaging
? Electronics and Semiconductor
Geographic Segmentation: This report split global market into North America, Europe, Asia Pacific, the Middle East and Africa and Latin America, with revenue (Billion USD), market share and growth rate of Packaging Robot Market for these regions, from 2015 to 2025 (forecast)
? North America: U.S., Rest of North America
? Europe: Germany, France, UK, rest of Europe
? Asia Pacific: China, Japan, India and Rest of Asia Pacific
? Middle East & Africa: GCC, North Africa, South Africa and Rest of MEA
? Latin America: Brazil and Rest of Latin America
Key players: Overview of market leaders in Packaging Robot Market by top manufacturers/players, with Packaging Robot Market revenue (Billion USD) and market share for each manufacturer/player; the top players including Fanuc, KUKA Robotics, Yaskawa Electric America, Okura USA, Adept Technology, Motoman, AFAST Robotics, Denso Robotics, Panasonic, Intelligent Actuator, BluePrint Automation, A-B-C Packaging Machine, Bosch Rexroth, Yamaha Robotic, Fuji Yusoki Kogyo, and Epson Robots.Thermoform material minimizes the packaged weight by more than 50% as compared with the conventional injection-molded plastic or glass packaging products. Packaged weight reduction also aids in efficient shipping. Manufacturers are developing advanced thermoform machine technology to enhance machine cycle speed and deliver better output rates in order to meet the continuous demand from end-users.
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About Kenneth Research:
Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products' demand, growth and opportunities for new and existing players.
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The post Packaging Robot Market – COVID-19 Impact Analysis, Trends, Business Profiles and Forecast to 2025 appeared first on America News Hour.
COMTEX_368468386/2606/2020-07-26T14:52:35
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The MarketWatch News Department was not involved in the creation of this content.
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