Industries are rapidly adopting robotic palletizers as these systems efficiently perform repetitive tasks such as loading/unloading, packaging, and palletizing, and enhance productivity and reduce operational costs. The robotic palletizers are, in many ways, advantageous over conventional palletizers such as they take up lesser space and can handle different type of products like bottles, batteries, and handle multiple infeeds of different SKUs. The fourth industrial revolution is expected to promote the growth of the robotic palletizer market in the coming years.
MARKET SCOPE
The "Global Robotic Palletizer Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the robotic palletizer market with detailed market segmentation by speed, industry vertical, and geography. The report provides key statistics on the market status of the leading robotic palletizer market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on speed, the global robotic palletizer market is segmented into above 30 cycles per minute, 20-30 cycles per minute, 10-20 cycles per minute, and upto 10 cycles per minute.
- On the basis of industry vertical, the market is segmented into food and beverages, pharmaceuticals, electronics and semiconductor, and others.
MARKET DYNAMICS
Drivers:
- The robotic palletizer market is anticipated to flourish in the forecast period owing to driving factors such as increasing adoption for reduced dependency on manual labor across the food and beverage industry.
- Moreover, enterprises are moving to these to improve the efficiency of production and to increase reliability, creating a promising future for market growth. Technological innovations are likely to offer symbolic opportunities to market players operating in the robotic palletizer market in the coming years.
Restraints:
- High installation and maintenance costs may hamper the growth of the robotic palletizer market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The robotic palletizer market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the robotic palletizer market in these regions.
IMPACT OF COVID-19 ON ROBOTIC PALLETIZER MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the robotic palletizer market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from robotic palletizer market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the robotic palletizer market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ABB Ltd.
- American-Newlong, Inc.
- Brenton, LLC (Pro Mach, Inc.)
- Chantland MHS Co.
- Columbia Machine, Inc.
- Fanuc Corp
- Fuji Yusoki Kogyo Co., Ltd
- Kawasaki Heavy Industries, Ltd.
- KUKA AG
- Yaskawa Electric Corp