Tuesday, 5 April 2016

Packaging Robot Market - Industry Analysis, Growth, Trends, Forecast 2024

 Packaging Robot Market
Developing manufacturing industries have largely emphasised on the development of the functions that are fast and safe. The application of robots have become an important and crucial part of packaging operations that ensure cost savings and achieve production targets, that certainly becomes very important when the demand of products is increasing steadily. The use of robotics is now an integral part of strategy adopted by several companies engaged in providing packaging solutions. Robotic packaging is a less time-consuming process and more cost-effective than their human counter parts. Robotic packaging not only provides economy to the processes in terms of time and money, but it also ensure that employees are safeguarded from potentially dangerous packaging conditions.

The growth in different manufacturing use industries, along with the increasing concerns over safety is anticipated to fuel the growth of global Packaging Robot industry. Additionally, the increasing launch of higher technology content is also driving the demand for packaging robot across the globe

Ever-increasing demand and rise in production in different manufacturing industries is considered as one of the biggest driver for the increasing demand for packaging robots and the increasing global packaging robot market penetration. Also, the associated benefits with the packaging robots, such as lowering costs, increasing accuracy, and reduction in product damage, has been strongly contributing to the rise in growth of the global packaging robot market. Besides, the expanding robotics technology has also been boosting the demand for packaging robots in the manufacturing industries. The major restraint in the global packaging robot market is the associated higher initial cost of the technology, which restricts the consumer from investing in it.

The statistics from (IFR) International Federation of Robotics indicated a record-breaking number of industrial robots that have been installed worldwide so far. The expected global robotic investments amounted to approx. 1.3 million machines in 2014.

The global packaging robot market is segmented based on product type, application, output, end-use industry, and geography. On the basis of product type, the global packaging robot market is segmented into four axis, six axis, gantry, delta, and SCARA, and others. On the basis of application, the global packaging robot market is segmented into palletizing/de-palletizing, conveying/placing (further segmented as collation, cross belt, inline or parallel), case/tray packing, cartoning, others (inspection/detection, labelling, etc.). On the basis of output, the global packaging robot market is segmented into up to-120 products/min, up to 120-450 products/min, up to 500 products/min, more than 500 products/min. On the basis of end-use industry, the global packaging robot market is segmented into food and beverages, pharmaceuticals, personal care, plastic and paper, automobile, and others.

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  • Packaging Robot System : Region-wise Outlook
The global packaging robot market is expected to register a favourable growth over the forecast period, 2015?2025. Asia-Pacific is projected to endure its control on the global packaging robot market over the forecast period. The key countries witnessing maximum growth in the mentioned regions are projected to be India, South Korea, and China, which is attributed to the flourishing manufacturing industries in these countries. Japan is also a major contributor to the growth of the global packaging robot market. China is expected to create the largest growth opportunity in terms of revenue in the global packaging robot market. Europe is expected to be the second largest market in the global packaging robot market, followed by North America.

  • Packaging Robot Market : Key Players
Some of the key market participants in the global packaging robot market are Fanuc, Adept Technology, KUKA Robotics and Yaskawa Electric America, Motoman, DENSO Robotics, Panasonic, Intelligent Actuator, A-B-C Packaging Machine, AFAST Robotics, BluePrint Automation, Fuji Yusoki Kogyo, Bosch Rexroth, Okura USA, Epson Robots, and Yamaha Robotic.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology, and applications.

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