Palletizing Robots Market Current Trends And Future Growth Estimations Outlook To 2032
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 transported and distributed to
different locations, pallet wrapping functions are an important part of the
packaging line workflow. More advanced forms of palletizing robots have emerged
as a result of advancements in the field of robotics, capable of lifting heavy
weights and even products from greater heights due to their long arms.
Furthermore, hybrid palletizing robots with a simple user
interface and simple operation, as well as being cost effective and efficient
to use, have been developed. These hybrid palletizing robots can handle
delicate products and perform complex tasks. Palletizing robots that can
operate at high speeds and deliver high quality are becoming more common as
technology advances in this field.
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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.
Market Segmentation:
Machine Type:
- Case
Palletizing
- Bag
Palletizing
- De-palletizing
End Use Type:
- Food
& Beverages
- Pharmaceutical
- Consumer
Products
- Tracking
and Logistics
- Industrial
Packaging
Region:
- North
America
- Latin
America
- Europe
- Japan
- Asia
Pacific excluding Japan
- Middle
East and Africa
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