Palletizing robots are a kind of equipment that help in the automatic compiling of various kinds of products on a pallet. The global palletizing robots market is slated to touch a value of about US$ 1,500 Mn in the year 2022 and display a robust CAGR during the assessment period.
Before the product is delivered and dispersed to various locations, the pallet wrapping process is a crucial step in the packing process. More sophisticated palletizing robots have arisen as a result of robotics breakthroughs. These robots have lengthy arms and can move large objects and even items from greater heights.
Hybrid palletizing robots have also been developed, which are easy to operate, cost-effective, and efficient to utilise. They also offer a simple user interface. Such hybrid palletizing robots are capable of tackling difficult jobs including handling fragile goods. As technology in this area continues to advance, palletizing robots that can work more quickly and provide high-quality results will become more common.
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4 Forecast Highlights on Global Palletizing Robots Market
- As per the forecast of Future Market Insights, the bag palletizing segment is slated to touch a value of more than US$ 600 Mn in the year 2022. This represents a robust CAGR during the assessment period of 2017-2022. The bag palletizing segment is estimated to account for more than one-third of the revenue share of the machine type segment by the year 2017 and is forecasted to gain market share by 2022 over 2017.
- As per the forecast of Future Market Insights, the pharmaceutical segment will reach a value of about US$ 96 Mn in the year 2017. This represents a robust CAGR growth during the forecast period. The pharmaceutical segment is forecasted to account for more than one-tenth of the total revenue share of the end use type segment by the end of the year 2017 and is expected to gain in market share by 2022 as compared with the year 2017.
- As per the forecast of Future Market Insights, the consumer products segment is slated to reach a value of about US$ 350 Mn in 2022. The consumer products segment is expected to gain market share by the end of the year 2022. The largest share is contributed by the APEJ region in the consumer products segment.
- Future Market Insights forecasts the China palletizing robots market to exhibit a compound annual growth rate (CAGR) of nearly 16% from 2017 to 2022.
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The report has also included the profiles of some of the leading companies in the palletizing robots market like KUKA AG, DAN-Palletiser AS, ABB Limited, Mitsubishi Electric Corporation, Kawasaki Heavy Industries, Ltd., Brenton, LLC, Fanuc Corporation, Remtec Automation, LLC, YASKAWA Electric Corporation and Krones AG.
Palletizing Robots Market Segmentation
By Product Type:
- Boxes/Cases
- Bags/Sacks
- Bundles
- Others
By Machine Type:
- Articulated Robots
- Collaborative Robots
By Application:
- Factories
- Distribution Centres
- Fulfilment Centres
By End Use:
- Food & Beverages
- Pharmaceutical
- Consumer Products
- Tracking and Logistics
- Industrial Packaging
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
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