Packaging Robot Market to See Incredible Growth by 2024

Deerfield Beach, FL -- (SBWire) -- 11/14/2017 --A packaging robot is a robot system used for packaging purpose. Manufacturers use the packaging robots in order to make the packaging process faster, precise, and more cost-efficient. Packaging robots are extremely flexible. A packaging robot can complete any type of packaging process with the right end of arm tooling. There is a wide variety of robot sizes, mounting options, payload, and reach available. Some of the advantages of packaging robots are reduced part package time, labor cost reduction, and ability to lift larger packages. These robots are very easy to integrate into any kind of workspace.

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Rising number of manufacturing industries around the globe is one of the major factors boosting the growth of the global packaging robot market. Rapid urbanization along with increasing disposable income is anticipated to increase the demand for digital labeling and packaging. In addition, numerous industries such as healthcare, sports, and FMCG are anticipated to foster the market growth. These robots are getting smarter owing to technological advancements in sensing and software; thus, this results in high demand for these packaging robots. In addition, they offer ease of use owing to integrated controls and intuitive human-machine interfaces.

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On the basis of application, the global packaging robot market is segmented as picking, packing, case packing, tray packing, filling, and others. The others segment is further sub-segmented as palletizing, case palletizing, bag palletizing, and de-palletizing. Based on the gripper type, the global market is segmented as the claw, clamp, vacuum, and others. On the basis of end-use industries, the global packaging robot market is further segmented as food and beverages, pharmaceuticals, consumer products, tracking and logistics, industrial packaging, chemicals, electronic devices, and others.

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Asia Pacific is anticipated to witness high growth in the global packaging robot market mainly owing to rapid industrialization across various countries such as China, India, and South Korea. China is expected to witness considerable growth in terms of revenue in the region. Japan is also anticipated to exhibit high growth potential. In addition, the U.S. is anticipated to dominate the market in the near future. Owing to the presence of a large number of diversified industries, Europe is also expected to show high demand.

Some of the major players dominating the global packaging robot market are Fanuc, Adept Technology, KUKA Robotics, and Yaskawa Electric America. Other key players influencing the global market are Motoman, Intelligent Actuator, Denso Robotics, Panasonic, A-B-C Packaging Machine, AFAST Robotics, BluePrint Automation, Bosch Rexroth, Okura USA, Fuji Yusoki Kogyo, Yamaha Robotic, and Epson Robots.

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