Palletizing Robots Market – Latest Research, Industry Analysis, Driver, Trends, Business Overview, Key Value, Demand And Forecast
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.
Pallet wrapping functions are an important part of the
packaging line workflow before the product is transported and distributed to different
locations. Because of advancements in the field of robotics, more advanced
forms of palletizing robots have emerged, capable of lifting heavy weights and
even products from greater heights due to their long arms.
In addition, hybrid palletizing robots with a simple user
interface and easy operation have been developed, in addition to being cost
effective and efficient to use. Such hybrid palletizing robots are capable of
performing complex tasks such as handling delicate products. Palletizing robots
that can operate at high speeds and deliver high quality are becoming more
common as technology advances in this field.
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.
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.
Access Full report: https://www.futuremarketinsights.com/reports/palletizing-robots-market
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