Material handling robots industry - Analysis, Size, Share, Growth, Trends and Forecast – 2027
Author : Bhushan Dhumal | Published On : 11 May 2021
Material handling robots industry 2021-2027
New Study Reports "Material handling robots industry 2021 Global Sizing and Growth, Dynamics, Competitive Landscape, SWOT Analysis and Forecasts 2025" has been Added on MarketResearchFuture.
In the past few years, The primary focus of the report is on the status, demand, future opportunity, forecast period, and growth opportunity. Moreover, the survey report focuses on the development, manufacturing companies, key market, investors, and the cost capital. The objective of the study of the “Material handling robots industry” gives a proper idea of the market present scenario so that each and every enterprise or manufacturer will not experience the issues that occur due to the lack of information.
The study objectives of this report are continuously involved in the research of the profile of key players that are established in recent times to keep the record updated. To keep the growth rate very smooth and stable, the research team carefully go through the manufacturing company’s strategy & planning of development and then analyze them for growth opportunity.
The professional study and research report consider the growth that is estimated according to the market size every year.
Global material handling robots industry is projected to witness a rapid growth during the forecast period. The growing demand for material handling robots in various applications such as packaging, pick and place, and palletizing/de-palletizing is aiding the market growth. The ease of work management and the significant cost reduction offered by these robots is expected to boost the growth of the material handling robots industry.
The global material handling robots industry, by geography, is segmented into North America, Europe, Asia Pacific, and Rest of the World. As compared to other regions, the material handling robots industry in the Asia Pacific is expected to witness a significant growth and hold the largest market share during the forecast period. China, India, and South Korea are anticipated to drive the growth of the material handling robots industry owing to the presence of a large number of established key players such as DAIHEN Corporation (Japan), Denso Wave (Japan), Epson Robotics (Japan), in this region.
Due to the high adoption of material handling robotics in the automotive sector and factors such as strongest growth potential and the presence of major manufacturing hub. Emerging economies from developing nation such as China and Southeast Asian countries are expected to be the main driving factor for the growth of the market., in the region, the market is likely to show an immense growth in the coming future.
In the global material handling robots industry, Asia Pacific is anticipated to witness a relatively faster adoption at the highest CAGR during the forecast period as compared to other regions owing to the growing adoption of low labor cost coupled with the reduced transportation cost also contributed to the regional growth of the market and emerging economies and technological advancement in the material handling robotics in the region.
The global material handling robots industry is projected to reach USD 31 billion at a CAGR of over 10% by the end of the forecast period 2017-2023.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Material handling robots industry Research Report-Forecast to 2023”.
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The report has profiled some of the Important players prevalent in the global like – ABB (Sweden), Adept Technology(U.S.), Apex Automation and Robotics (Australia), DAIHEN Corporation (Japan), Denso Wave (Japan), Epson Robotics (Japan), Fanuc (U.S.), KUKA (Germany), Kawasaki Robotics (U.S.), Nachi Robotic Systems (U.S.) and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Material Handling Robotics.
Material handling robots industry Segmentation:
The global material handling robots industry is segmented by product, application, and end-user.
By the product segment, the market is segmented into articulated material handling robots, scare material handling robot, parallel material handling robot and others.
On basis of the application, the market is segmented into pick & place, palletizing/de-palletizing, packing & packaging, product/part transfer, machine tending and others.
On basis of the end-user, the market is broadly segmented into automotive, electrical and electronics, metal & machinery, chemical, food & beverage, and others.
Market Research Analysis:
North America is estimated to account for the second position in the material handling robots industry, whereas, the Asia Pacific market is projected to acquire the highest share during the forecast period. The North American market is witnessing a rapid growth due to technological advancements and increasing demand for industrial robots from different industrial verticals in this region. The U.S. holds the majority of the market share both in terms of revenue and adoption of advanced solutions.
Material handling robots industry Manufacturers
Material handling robots industry Distributors/Traders/Wholesalers
Material handling robots industry Subcomponent Manufacturers
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