Packaging Robot Market is expected to offer significant growth at a CAGR of 12.3% during the forecast period 2023-2030 | Fanuc, ABC Packaging Machine, Yaskawa Motoman, Adept Technology, Panasonic, KUKA
The Packaging Robot market size was valued at USD 4,352.1 million in 2022 and is expected to reach USD 14,475 million by 2030, at a CAGR of 12.3% from 2023 to 2030.
Market Overview
In order to transfer multiple activities and streamline the automated packaging process, packaging robots, automated systems, and specialized software are used. Pharmaceuticals, consumer products, logistics, food and beverage, and other vertical industries, among others, all use packaging robotic systems. For scooping up flat materials like glass or metal sheets, vacuum grippers are frequently utilized. These grippers grasp many items simultaneously when packaging and palletizing using suction cups. Vacuum grippers are commonly employed in the packing sector because they can handle heavy crates, cartons, cans, and bottles.
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Segment Analysis
The gripper type and application are the market segments for packaging robots. According to gripper type, the vacuum grippers market segment is anticipated to dominate the market throughout the forecast period. Vacuum grippers are typically used to pick up level objects like sheets of metal or glass. Throughout the palletizing and packaging processes, these grippers instantly grab a variety of products employing pull covers. Due to their capacity to handle large boxes, jars, and containers, vacuum grippers are now often used in the packaging industry.
The pick & place application segment is predicted to rule the packaging robots market during the anticipated time frame. The e-commerce sector’s exponential growth and the deployment of packaging robots to replace labor-intensive and challenging hand picking are to blame for this. The advantages of packaging robots, including less damage, reduced prices, and higher efficiency in pick and place processes, will also advance the sector.
GRIPPER TYPE
- Clamp
- Claw
- Vacuum
- Others
APPLICATION
- Pick & Place
- Packing
- Palletizing
BY END USER
- Food & Beverage
- Pharmaceuticals
- Consumer Products
- Logistics
- Others
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Recent Development
May 2022: The R-2000id robot with cable-integrated technology was revealed by Fanuc Corporation, one of the biggest robot manufacturers. This robot is capable of advanced tasks like picking, placing, and auto checking in addition to packing.
In May 2019, Mitsubishi Electric Corporation acquired ICONICS Inc., a software company with a focus on data collection and supervisory control. (SCADA).
Regional Analysis
The Asia-Pacific region, which currently controls the majority of the market’s revenue share, is anticipated to remain one of the most alluring markets over the projection period. Here are just a few of the numerous factors that make this possible: the widespread application of vision sensor technology; the rising popularity of packing robots as a result of high levels of automation and intelligent modernisation. Another element contributing to the expansion of this industry is the increasing use of these robots, which can function in a range of temperatures and occupy a lot less space than people do.
Regional Packaging Robot Market coverage (Regional Status, Demand Forecast, Country Trends, etc.):
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- North America, Europe, China, Japan, Southeast Asia, India.
- North America (USA, Canada, and Mexico).
- Europe (Germany, France, UK, Russia and, Italy).
- Asia-Pacific (China, Japan, Korea, India and, Southeast Asia).
Key segments covered in Packaging Robot Market include:
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- Packaging Robot Market Growth Drivers and Barriers.
- Market Trends, Market Opportunities, Porter’s Five Forces Analysis.
- Market Overview, Industry Development, Market Maturity, Value Chain Analysis.
- Regional and Country Level Analysis.
- Trends and Forecasts for Market Segments.
- Market Analysis and Various Recommendations.
- Key market forces.
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Key Market Participants in the Packaging Robot Market:
Fanuc, ABC Packaging Machine, Yaskawa Motoman, Adept Technology, Panasonic, KUKA,
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