The global packaging robot market is set to reach $8.60 billion by 2030, outlines a report by Next Move Strategy Consulting – Yahoo Finance | Region & Cash

Next Move Strategy Consulting

Increasing demand for TCO reduction across the packaging sector and increasing advances in manufacturing technologies with increasing demand for high quality goods are driving the growth of the global packaging robot market.

NEW YORK, July 13, 2022 (GLOBE NEWSWIRE) — The global packaging robot market was worth US$4.02 billion in 2021 and is expected to reach US$8.60 billion by 2030, according to the report published by Next Move Strategy Consulting. Dollar, representing a CAGR of 8.9% from 2022 to 2030. The report highlights and analyzes the factors affecting market growth. Additionally, it provides detailed analysis of key segments, current market shares and estimates, and key market players with the help of tables and figures.

The 1175-page study is a valuable source of information for market participants, investors, shareholders and startups to determine the overall scenario of the packaging robot industry. Equipped with 969 tables and 952 figures, the report aims to offer a better understanding of all factors related to the global market as well as the impact of the Covid-19 pandemic on the market size of Packaging Robots.

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report coverage

details

forecast period

2022-2030

base year

2021

Market size in 2021

$4.02 billion

Market size in 2030

$8.60 billion

CAGR

8.9%

number of pages

1175

tables

969

characters

952

segments covered

Product type, payload capacity, packaging type, range, application and region.

driver

Increasing need to reduce total cost of ownership across the packaging sector

Increasing advances in manufacturing technologies with increasing demand for high quality goods

occasions

The rapid growth of the e-commerce sector

Increase in industrialization and R&D activities

The study provides a comprehensive analysis of the driving factors, opportunities, and restraining factors of the global Packaging Robots market. This analysis is helpful in determining factors to focus on to achieve sustainable growth. Increasing demand for TCO reduction across the packaging sector and increasing advances in manufacturing technologies with increasing demand for high quality goods are driving the growth of the market. However, high investment costs and a shortage of skilled workers are hampering market growth.

The Lead Analyst for the ICT & Media category at Next Move Strategy Consulting highlighted the opportunities that can be explored to increase the market share of packaging robots: “The rapid growth of the e-commerce sector creates enormous opportunities for the market. In addition, factors such as increasing industrialization, supportive government policies, an increase in R&D activities and product innovation offer new opportunities in the coming years.”

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The report provides detailed segmentation of the global packaging robot market. The study analyzes the main segments and their sub-segments to enable market participants and investors to determine the top-grossing and fastest-growing segments. The report provides analysis of the main segments including product type, payload capacity, packaging type, reach, application and region. Based on product type, the study further classifies the market into Cartesian modular robots, SCARA modular robots, collaborative modular robots, articulated modular robots and delta robots. On the basis of payload capacity, the report segmented the market into less than 1kg, between 1kg and 5kg, between 5kg and 10kg, between 10.1kg and 20kg, between 20.1kg and 30kg, between 30 .1 kg and 40 kg, between 40.1 kg and 60 kg, between 60.1 kg and 100 kg, between 100.1 kg and 150 kg, between 150.1 kg and 200 kg and more than 200 kg.

Based on reach, the study further segments the market into under 1000mm, 1001mm to 1500mm, 1501mm to 2000mm and over 2000mm. Based on the type of packaging, the market is segmented into primary packaging, secondary packaging, and tertiary packaging. Based on application, the market is segmented into Beverage, Meat Processing, Dairy, Fruit & Vegetable, Bakery & Confectionary, Pharmaceutical, Processed Food, Personal Care, Electronics and Other.

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Based on region, the report segments the market into North America, Europe, Asia Pacific and RoW. The study states that the Asia-Pacific region accounted for the highest share in 2021 and is expected to continue its dominance during the forecast period. This is due to the high adoption of automated robots and intelligent modernization, as well as the increasing implementation of vision sensor technology. On the other hand, North America is estimated to grow steadily throughout the forecast period owing to the increasing adoption of packaging robots in the automotive, food and beverage, and pharmaceutical industries. The focus on the development in science and technology also complements the market growth. The report also analyzes each region and country based on segments and sub-segments of the market.

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The report analyzes the key market players operating in the global Packaging Robots Market to highlight the competitive scenario and develop strategies to be adopted by the market players to achieve the market growth. The report analyzes the market players including KRONES AG, ABB Ltd., Remtec Automation, LLC, Fanuc Corporation, Syntegon Technology, Mitsubishi Electric Corporation, KUKA AG, Schneider Electric SE, Yaskawa Electric Corporation and Brenton LLC. This analysis helps determine strategies to increase sales volume based on business and geographic segments.

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Also browse related reports:

Industrial Robotics Market by type (articulated robots, cylindrical robots, SCARA robots (Selective Compliant Assembly Robot Arm), Cartesian robots and other types), by end users (automotive, electrical and electronics, chemical, rubber and plastics, machinery, metals, food and beverage, precision and Optics and Others), by Function (Brazing and Welding, Material Handling, Assembly and Disassembly, Painting and Dispensing, Milling, Cutting and Machining and Others), and Geography – Global Opportunity Analysis and Industry Forecast 2022-2030

Automotive Robotics Market By Type (SCARA Modular Robots, Articulated Modular Robots, Collaborative Modular Robots, Cartesian Modular Robots, Parallel Modular Robots, and Others), Component (Hardware, Software and Services), Application (Material Handling, Assembly and Disassembly, Welding, Painting, Cutting) . , Pick & Place and Others) – Global Opportunity Analysis and Industry Forecast 2022-2030

Mobile Robotics Market by product (UGV, AUV and AUV), by component (hardware, software and support and service), by application (logistics and warehousing, military and defense, healthcare, household, entertainment, education, agriculture and forestry and others) – Global Opportunity Analysis and Industry Forecast, 2022-2030

About us:

Next Move Strategy Consulting is a leading market research and management consulting firm committed to providing clients with strategically analyzed, well-documented, cutting-edge research reports. The research industry is awash with many companies to choose from. What sets Next Move apart from the rest is its world-class research and obsession with turning data into knowledge by analyzing every piece of it and providing fact-based research recommendations backed by information gathered from over 500 million websites, paid databases, industry journals, and One-on-one consultations with industry experts from a variety of industries have been collected. The high-quality, customized research reports with actionable insights and excellent end-to-end customer service help our clients make important business decisions that enable them to go ahead and have competitive advantage in the industry. We’ve served over 1,000 clients worldwide, including 90% of the Fortune 500 companies for over a decade. Our analysts constantly follow various high-growth markets and identify hidden opportunities in each sector or industry. We offer one of the industry’s best syndicates as well as custom research reports across 10 different industry verticals. We strive to deliver high quality research solutions in alignment with your business needs. Ranging from pre-consultation to after-sales service, our industry-standard delivery solutions deliver a superior customer experience and ensure the right strategic decision-making for businesses.

CONTACT: Joseph Lawrence Head - Client Engagement & Servicing Next Move Strategy Consulting E-Mail: Joseph@nextmsc.com Direct: +1-217-650-7991 You can also email us at - info@nextmsc.com Website: www.nextmsc.com

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