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global-research-report · 7 days ago

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2024 to 2030 Market Insights: The Rise of Food Robotics Across the Globe

The global food robotics market size is expected to reach USD 6.81 billion by 2030, registering a CAGR of 20.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing demand for packaged food, need for automation, increasing food safety regulations, and high labor costs are expected to drive the market.

The industry has witnessed increasing investments in R&D activities, since the past few years, for the development of technologically-advanced robotics and automated systems. The increasing labor costs are driving the packaged food producers toward the adoption of automation systems. The application segments of the market include palletizing, packaging, repackaging, picking, and processing.

The packaging segment is presumed to hold the highest growth rate over the forecast years. The market is witnessing increasing use of packaging automation solutions in food industries. The advantages bestowed by the technology include higher efficiency in food production and processing, increased production efficiency, and consistent quality of products.

The key market participants IN the food robotics market are ABB Group,Kawasaki Heavy Industries Ltd., Fanuc Corporation, Yaskawa Electric Corporation, and others. The vendors in the robotics and automation market are likely to witness increased demand for robotics solutions over the forecast years, owing to the increasing technological advancements.

Food Robotics Market Report Highlights

Articulated robots dominated the market and accounted for a market revenue share of 41.9% in 2023. The growth is attributed to the articulated robot's structure and design, which mimics a human arm's movements.

The medium payload segment accounted for the largest revenue share in 2023. Medium payload capability robots address applications such as selecting, repackaging, packing, and transferring.

The palletizing segment dominated the global industry in 2023. Robots are commonly used for packaging or stacking the food onto pallets for warehousing or transportation.

Europe's food robotics market dominated the global industry and accounted for a revenue share of 30.6% in 2023. It is attributed to the regulations concerning food safety, the rising labor costs in the region, and the growing inclination towards the automation of multiple processes in the food industry.

The Asia Pacific food robotics market is anticipated to witness the fastest growth during the forecast period. The rising disposable income of customers in emerging economies is driving the demand for packaged and processed food, which in turn is fueling the need for automation technologies to improve food production capacities.

Food Robotics Market Segmentation

Grand View Research has segmented global food robotics market report based on robot, payload, application, and region:

Food Robotics Robot Outlook (Revenue, USD Billion, 2018 - 2030)

Articulated

Parallel

SCARA

Cylindrical

Others

Food Robotics Payload Outlook (Revenue, USD Billion, 2018 - 2030)

Low

Medium

Heavy

Food Robotics Application Outlook (Revenue, USD Billion, 2018 - 2030)

Packaging

Repackaging

Palletizing

Picking

Processing

Others

Food Robotics Regional Outlook (Revenue, USD Billion, 2018 - 2030)

North America

Canada

Mexico

Europe

Germany

France

Asia Pacific

China

Japan

India

South Korea

Australia

Latin America

Brazil

Middle East and Africa (MEA)

South Arabia

UAE

South Africa

Order a free sample PDF of the Food Robotics Market Intelligence Study, published by Grand View Research.

#Food Robotics Market

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businessindustry · 15 days ago

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market-analytics · 21 days ago

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researchcompany · 2 months ago

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Industrial Robot Precision Reduction Gears Market Growth: Industry Analysis and Forecast 2031 | Market Strides

Industrial Robot Precision Reduction Gears Market Research Report

Market Strides has recently added a new report to its vast depository titled Global Industrial Robot Precision Reduction Gears Market. The report studies vital factors about the Global Industrial Robot Precision Reduction Gears Market that are essential to be understood by existing as well as new market players. The report highlights the essential elements such as market share, profitability, production, sales, manufacturing, advertising, technological advancements, key market players, regional segmentation, and many more crucial aspects related to the Industrial Robot Precision Reduction Gears Market.

Market Overview

Industrial Robot Precision Reduction Gears Market overview provides a snapshot of the current state of a specific market, highlighting key trends, growth drivers, challenges, and opportunities. It typically includes an analysis of the market size, competitive landscape, consumer demand, and regulatory factors. Additionally, the overview may touch on emerging technologies or innovations impacting the market, as well as projections for future growth. This concise summary helps businesses and investors understand the market dynamics and identify areas for strategic planning or investment.

Get Free Sample Report PDF @ https://marketstrides.com/request-sample/industrial-robot-precision-reduction-gears-market

Industrial Robot Precision Reduction Gears Market Share by Key Players

Nabtesco

Sumitomo Heavy Industries

SPINEA

Nantong Zhenkang

Wuhan Jinghua

Shuanghuan Chuandong

Zhongda Lide

Qinchuan Jichuang

HDSI

Leaderdrive

Beijing CTKM Harmonic Drive

BHDI

Zhejiang Laifual

Nidec-Shimpo

BENRUN Robot

Cone Drive

Industrial Robot Precision Reduction Gears Market Segmentation

The report on Global Industrial Robot Precision Reduction Gears Market provides detailed toc by type, applications, and regions. Each segment provides information about the production and manufacturing during the forecast period of 2024-2032. The application segment highlights the applications and operational processes of the industry. Understanding these segments will help identify the importance of the various factors aiding to the market growth.

The report is segmented as follows:

By Type

RV Precision Reduction Gears

Harmonic Precision Reduction Gears

By Application

Articulated Robots

Parallel Robots

SCARA Robots

Cylindrical Robots

Cartesian Robots

Get Detailed @ https://marketstrides.com/report/industrial-robot-precision-reduction-gears-market

Industrial Robot Precision Reduction Gears Market Frequently Asked Question

1) What are Industrial Robot Precision Reduction Gears Market and why are they important?

2) What is the future outlook for the Industrial Robot Precision Reduction Gears Market?

3) What are the Segments Covered in the Market?

4) Who are the prominent key players in the Market?

Key Highlights

It provides valuable insights into the Industrial Robot Precision Reduction Gears Market.

Provides information for the years 2024-2032. Important factors related to the market are mentioned.

Technological advancements, government regulations, and recent developments are highlighted.

This report will study advertising and marketing strategies, market trends, and analysis.

Growth analysis and predictions until the year 2032.

Statistical analysis of the key players in the market is highlighted.

Extensively researched market overview.

Buy Industrial Robot Precision Reduction Gears Market Research Report @ https://marketstrides.com/buyNow/industrial-robot-precision-reduction-gears-market

Email : [email protected]

#Industrial Robot Precision Reduction Gears Market Size #Industrial Robot Precision Reduction Gears Market Share #Industrial Robot Precision Reduction Gears Market Growth #Industrial Robot Precision Reduction Gears Market Trends #Industrial Robot Precision Reduction Gears Market Players

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ragini-14 · 3 months ago

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amrutatbrc1 · 4 months ago

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Robotic Arm Market 2024 : Industry Analysis, Trends, Segmentation, Regional Overview And Forecast 2033

The Robotic Arm Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The Robotic Arm Market: https://www.thebusinessresearchcompany.com/report/robotic-arm-global-market-report

According to The Business Research Company’s Robotic Arm Global Market Report 2024, The robotic arm market size is expected to see rapid growth in the next few years. It will grow to $69.16 billion in 2028 at a compound annual growth rate (CAGR) of 17.0%. The growth in the forecast period can be attributed to robotic arms used in manufacturing, enhanced efficiency, precision, and speed in production processes, increasing productivity and cost-effectiveness, automation in various sectors, including automotive, and growth in e-commerce. Major trends in the forecast period include the growing complexity of manufacturing processes, technological advancements in robotics, advanced technological infrastructure, advancement of robotic arms in healthcare, and increasing technological integration.

The expansion of the e-commerce industry is expected to propel the growth of the robotic arm market going forward. The e-commerce industry refers to the buying and selling goods and services over the internet. It has transformed how businesses and consumers interact, offering convenience, accessibility, and a global reach. The growth of e-commerce is driven by the widespread use of smartphones, internet access, and a broad selection of online products. Robotic arms are crucial in optimizing supply chain and logistics operations within the e-commerce industry, enabling businesses to manage inventory more efficiently, reduce operational costs, and enhance overall productivity. For instance, in February 2024, according to the United States Census Bureau, a US-based government agency, in 2023, e-commerce sales were projected to reach $1,118.7 billion, marking a 7.6% (±1.2%) increase from 2022, while total retail sales saw a 2.1% (±0.4%) rise over the same period. In 2023, e-commerce sales constituted 15.4% of total sales, compared to 14.7% in 2022. Therefore, the expansion of the e-commerce industry is driving growth in the robotic arm market.

Get A Free Sample Of The Report (Includes Graphs And Tables): https://www.thebusinessresearchcompany.com/sample.aspx?id=17249&type=smp

The robotic arm market covered in this report is segmented –

1) By Type: Articulated, Cartesian, Selective Compliance Articulated Robot Arm (SCARA), Spherical Or Polar, Cylindrical, Other Types 2) By Payload Capacity: Less Than 500 Kilogram (KG), 500-3000 Kilogram (KG), 3001 Kilogram (KG) And Above 3) By Axis: 1-Axis, 2-Axis, 3-Axis, 4-Axis, 5-Axis, 6-Axis, 7-Axis 4) By Application: Materials Handling, Cutting And Processing, Soldering And Welding, Assembling And Disassembling, Other Applications 5) By End-User Industry: Automotive, Electrical And Electronics, Metals And Machinery, Plastics And Chemicals, Food And Beverages, Other End-User Industries

Major companies operating in the robotic arm market are focusing on developing innovative products such as collaborative robots (cobots) to gain a competitive advantage. Cobots are designed to work alongside human operators, enhancing productivity and efficiency in various industrial settings. For instance, in 2021, Universal Robots, a Denmark-based industrial automation company, launched the UR20 cobot, featuring a 20kg payload capacity and a reach of 1.75m. The UR20 boasts advanced safety features, including force-sensing technology and intuitive programming, making it suitable for various applications, from material handling to machine tending. The UR20 is designed to provide up to 30% more speed and torque, advanced motion control capabilities, and a first-class user experience. Its 20kg payload and 1.75m reach make it an ideal match for applications ranging from palletizing to part handling and assembly.

The robotic arm market report table of contents includes:

1. Executive Summary

2. Robotic Arm Market Characteristics

3. Robotic Arm Market Trends And Strategies

4. Robotic Arm Market - Macro Economic Scenario

5. Global Robotic Arm Market Size and Growth ..............

32. Global Robotic Arm Market Competitive Benchmarking

33. Global Robotic Arm Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Robotic Arm Market

35. Robotic Arm Market Future Outlook and Potential Analysis

36. Appendix

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pranalip · 5 months ago

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Food Robotics Market – In Depth Insight Analysis to 2033 | Global Insight Services

Global Insight Services has recently updated its global market reports, now including the latest data for 2024 and projections through 2033.

The global food robotics market was valued at USD 2047.3 million in 2022 and it is anticipated to grow further till USD 7505.1 million by 2032, at a CAGR of 13.9% during the forecast period.

Food robots do intricate production tasks such as dispensing, inserting feed, packaging and casing, picking and placing goods into containers, sorting raw materials, and labelling packages. They support the high-speed, repetitive, and laborious industrial processes needed in harsh environments like hot temperatures. Additionally, they reduce production costs, save time and space, and enhance the cleanliness, safety, and effectiveness of manufacturing processes. Leading companies in the global food and beverage (F&B) business are automating the manufacturing of food using food robots technology in order to mass-produce goods with excellent yields and precision.

To Know More@ https://www.globalinsightservices.com/reports/food-robotics-market-2/?utm_id=Pranalip

Market Driver and Trends

Food robots do intricate production tasks such dispensing, inserting feed, packaging and casing, picking and placing goods into containers, sorting raw materials, and labelling packages. They support the high-speed, repetitive, and laborious industrial processes needed in harsh environments like hot temperatures. Additionally, they reduce production costs, save time and space, and enhance the cleanliness, safety, and effectiveness of manufacturing processes. Leading companies in the global food and beverage (F&B) business are automating the manufacturing of food using food robots technology in order to mass-produce goods with excellent yields and precision.

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Research Objectives

Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region

Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling

Identify factors influencing market growth and challenges, opportunities, drivers and restraints

Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates

Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities

Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market

To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.

Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives

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Global Food Robotics Market Segmentation

By Type

Articulated

Cartesian

SCARA

Parallel

Cylindrical

Collaborative

Others

By Payload

Low

Medium

High

By Application

Palletizing

Packaging

Repackaging

Pick & Place

Processing

Others

Buy your copy here@ https://www.globalinsightservices.com/checkout/single_user/GIS24640/?utm_id=Pranalip

Research Scope

Scope – Highlights, Trends, Insights. Attractiveness, Forecast

Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others

Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain

Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments

Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis

Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.

With Global Insight Services, you receive:

10-year forecast to help you make strategic decisions

In-depth segmentation which can be customized as per your requirements

Free consultation with lead analyst of the report

Infographic excel data pack, easy to analyze big data

Robust and transparent research methodology

Unmatched data quality and after sales service

Global Insight Services LLC 16192, Coastal Highway, Lewes DE 19958 E-mail: [email protected] Phone: +1-833-761-1700 Website: https://www.globalinsightservices.com/

About Global Insight Services:

lobal Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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trendingreportz · 6 months ago

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Industrial Robotics Market - Forecast(2024 - 2030)

Industrial Robotics Market Overview

Industrial Robotics Market size was valued at $49.25 Billion in 2030, and it is estimated to grow at a CAGR of 11.9% during 2024-2030. The advent of numerous sorts of techniques committed to production control and the introduction of automation solutions are the key components of present production improvement policies. In addition, the increasing awareness of industrial robots has resulted in their deployment ranging from manufacturing to the healthcare industry. Moreover, this market is majorly driven by a surge in labor charges worldwide, which in turn has forced manufacturers to replace human labor with machines. Asia and Europe are the key growth regions of the world, with leading players, namely ABB, Fanuc, KUKA, Kawasaki, and the Yaskawa Electric Corporation being based out in the region. Collaborative Robots (Cobots) are revolutionizing the industry by working alongside humans without the need for safety cages. This trend is gaining momentum due to the increasing demand for automation in smaller factories and their expanding role in diverse industries. Cobots enhance flexibility, efficiency, and safety in manufacturing processes. Simultaneously, advancements in AI and IoT are driving a paradigm shift in industrial robotics. AI empowers robots to learn and adapt, making them more intelligent and versatile. The integration of IoT enables robots to communicate with each other and other systems, fostering enhanced collaboration and efficiency. This synergy is propelling the industrial sector towards Industry 4.0, where smart manufacturing processes redefine automation standards. As a result, the industrial robotics market is evolving with the widespread adoption of Cobots and the integration of AI and IoT, ushering in a new era of intelligent and collaborative automation. Hence these benefits are analyzed to drive the market in the forecast period 2024-2030.

Report Coverage

The report: “Industrial Robotics Market Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Industrial Robotics Market.

By Category: Articulated Robot, Cylindrical Robot, Linear Robots, Cartesian & Gantry, Parallel Robot, SCARA Robot, Spherical Robots, Dual arm, Others

By Configuration: Mounted, Cobots/ Collaborative Robots)

By Components: (Manipulator, Sensor Devices, Robot Tooling, RCU - Robot Controller Unit

By payload: Up to 5KG, 5.1 to 10 KG, 10.1 to 15 KG, and More than 15 Kg

By End User: Automotive and Autoparts, Electrical & Electronics, Food and Beverages, Metal Fabrication and Palletization, Medical, Chemical, and Life Sciences, Others

By Geography: North America, South America, Europe, APAC, RoW.

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Key Takeaways

APAC dominated the Industrial Robotics Market in 2023 with a share of 58%. High and early adoption of advanced technologies is set to boost the market growth. The strong financial position allows it to invest heavily in the adoption of latest tools and technologies for ensuring effective business operations.

Parallel robots are estimated to grow at a CAGR of 11.8% market. These Robots will be formed by connecting parallelograms to a common base and are also referred to as spider-like robots.

Robotic automation enables to achieve innovation in a quick and impactful way which can drive quantifiable benefits to the industrial automation industry.

Category - Segment Analysis

Parallel robots are estimated to grow at a CAGR of 11.8% market. These Robots will be formed by connecting parallelograms to a common base and are also referred to as spider-like robots. These robots are mostly used in the food industry, pharmaceuticals, and electronic industries. As they can do delicate/precise movements. Similarly, these robots will use three servo motors and are very high in speed and perfectly suited for light-duty tasks within small working zones. These are the main reasons which tends to be used for high-speed sorting and packaging in the food, pharmaceutical, and electronic industries. In addition, the delta robot market is anticipated to be driven by the trend of miniaturization in the manufacturing industry, moreover, smaller sizes of objects lead to increased challenges of various micro-assembly tasks, expected to increase the demand for delta robots. Moreover, technologically advanced machine vision 3D cameras are being integrated with delta robots to enhance their efficiency and accuracy. In addition, Delta robots with vision systems can perform lethargic, dull, and monotonous tasks at high speed and accuracy with minimum imperfections and scrap. This will improve the performance of delta robots and increase their adoption in end-user industries. Additionally, several companies are investing heavily in research and development activities for these robots. In 2022, Omron expanded its i4H SCARA lineup with food-grade robots, catering to the food and beverage and packaging industry. These new additions prioritize safe handling, ensuring compliance with the industry's stringent hygiene standards. Similarly, companies such as ABB, KUKA AG, and so on are investing heavily in the development of advanced robots in the forecast period 2024-2030.

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End User - Segment Analysis

Electrical & Electronics is the fastest-growing segment in the Industrial Robotics Market and is estimated to grow at a CAGR of 9.4%. The Electronics sector has also been slowly emerging as a major end-user for the Industrial Robotics Market with its higher adaptability due to growing digitalization. Since accuracy and precision are of important factors in an electronic production plant, thus due to ease of use, the electronics sector has been proactively adopting industrial robots, boosting its market growth. With the growing shift towards automation of manufacturing processes, industries like electrical and electronics have been widely deploying industrial robots to perform high-precision tasks, thus improving productivity standards. The usage of industrial robots helps electrical and electronics companies to automate almost every manual task while adding value to their business growth. Thus, growing adoption has been causing a positive impact on the market growth of industrial robots. With growing development of the electronics sector due to rising demands for electronic devices by consumers has been also acting as a major driver toward higher requirements for industrial robots. As industries are shifting towards smart technologies, industrial robots are gaining much popularity in the electronics sector due to their capabilities of performing tasks like integration and assembling of various small-sized components within electronic devices such as mobile phones, computers, and many others more efficiently within less time intervals. Since electronics manufacturers have to work under tight profit margins, industrial robots act as a cost-effective solution for improving the automation standards in their industry. Industrial Robots are used in applications ranging from cutting metal housings to assembling miniature components on boards, to applying adhesives and polishing surfaces, thus performing quality inspections and packing of finished products, at lower costs. Moreover, in the electrical and electronics sector, industrial robots are utilized mainly in assembly, screw tightening, electronic parts insertion as well as inspection processes as the robots are highly capable of sustaining harsh working environments. Such growing deployments help the industry to continue with their production process with quality preservation even at times of lack of skilled labor. Additionally, with innovations in the field of industrial robotics, lightweight and smaller robots are facing high demands in this sector.

Geography- Segment Analysis

APAC dominated the Industrial Robotics Market in 2023 with a share of 58%, followed by Europe and North America. High and early adoption of advanced technologies in countries such as India, and China is set to boost the market growth. The strong financial position allows it to invest heavily in the adoption of latest tools and technologies for ensuring effective business operations. The Chinese government’s ‘Made in China 2025’ policy aims at improving the competitiveness of Chinese companies through automation. According to the Ministry of Industry and Information Technology, in 2022, China's industrial robot output grew by 5.4% to 222,000 units in the first half of the year. Service robot production surged by 9.62% to 3.53 million units. China maintained its global lead in industrial robot installations in 2022, capturing over 50% of the market share. Moreover, the automotive industry is the major adopter of industrial robotics with a wide variety of applications and thus the growing automotive industry in this region will propel the market. Companies such as BAIC Motors, and Changan Automobile Group, have been investing heavily in the adoption of robotics in the forecast period 2024-2030. In addition, the launch of ‘Make in India’ has increased the focus on the Indian manufacturing sector, which is set to be among the fastest-growing markets in the APAC region as well as globally. The manufacturing sector’s growth output has increased and is projected to exhibit high growth. For instance, the government of India has committed to investing more than $13 billion in industrial robotic R&D. The government estimates the manufacturing sector value could reach $1 trillion by 2025. Major companies such as GE, Bosch, and Panasonic are planning to invest in the country which would boost India’s economic growth.

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Drivers – Industrial Robotics Market Robotic Process Automation and Artificial Intelligence Automation Spending Driving the Growth of Industrial Robots

The Robotics process automation landscape has changed in the past couple of years and has evolved from an emerging factor for the industrial robotics industry. Robotic automation enables to achieve innovation in a quick and impactful way which can drive quantifiable benefits to the industrial automation industry. Across the globe, automation companies are investing lots of capital to develop and innovate new technology in research and development. In 2023, ABB committedto investing $280 million in Sweden's Västerås to boost its European Robotics hub, catering to rising demand for AI-driven collaborative and industrial robots. The expanded campus, aligned with ABB's local production strategy, aims to enhance capacity by 50%, meeting evolving market needs amid supply chain challenges. Similarly, companies such as Mitsubishi Electric Corp, Ellison, and so on are investing heavily for the development of industrial robots in the forecast period. Some of the key factor affecting robotic process automation includes process with higher automation potential, with higher headcount reduction that offer a great cost saving to the manufacturers. Robotic Process Automation (RPA) recurring costs including licensing, hosting, and monitoring vary significantly by vendor and type of solution, the lower the recurring cost for RPA, the higher the cost saving. Various service providers are implementing RPA tools in various areas of end-user processes focusing on achieving consistency, risk reduction, and cost reduction factors.

Rising Labor Costs Amidst the Aging Workforce to Boost the Industrial Robots Demand

The labor cost is highly significant in the total industrial operating cost, making generally 62%-65% of the total cost. In majority of the cases, manual jobs typically consist of two categories of staff: direct and indirect where industries cover an area of more than 2, 00,000 square feet. Direct staff is responsible for executing the process while indirect staff is for the back-end support for direct staff. The presence of both direct and indirect staff coupled with department managers presents a crucial cost in operating a warehouse. For instance, according to the U.S. Bureau of Labor Statistics' Employment Cost Index, wages and salaries rose by 4.3% in the 12 months ending December 2023, while benefit costs increased by 3.8% over the same period. Moreover, according to the U.S. Bureau of Labor Statistics,total nonfarm payroll employment increased by 353,000 in January, maintaining the momentum from December's gain of 333,000. Throughout 2023, employment rose by an average of 255,000 jobs per month. As average hourly earnings will rise further amidst the rising global inflation with weekly hours to remain constant or decline in the coming years, the operating costs are bound to advance. Apart from this, the developing nations have seen constant growth in the aging workforce resulting in issues related to safety, quality control, and productivity. Thus, the automation of industries has become a notable means to tackle the rising wages and workforce age. This has resulted in industrial operators relying upon robotics to provide a convenient and efficient way of reducing operational costs while simultaneously maintaining productivity at optimum levels.

Challenges – Industrial Robotics Market Limited Flexibility of Robots for Handling Skus Posing Challenge for Industrial Robotics

The dawn of electronic commerce enabled by the increasing accessibility to mobile devices has resulted in consumers shopping online from a multitude of merchandisers. As the delivery to the consumer in working time of 3-5 days is crucial for retailers, it has resulted in multi-varied stock-keeping units (SKUs) and caseloads. This scenario often becomes challenging in the Food & Beverage sector where companies need to address the consumer demand at a much faster pace. The robots utilized in the process industries are simply robots used in manufacturing operations that only require limited flexibility in handling pallets. Although over time, robots have developed to handle the SKUs with greater precision and accuracy but still require a great deal of evolution in handling mixed SKUs with consistent speed and accuracy without damaging the product. Hence these kinds of challenges hamper the market growth in the forecast period 2024-2030.

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Industrial Robotics Market Landscape

Product launches, acquisitions, Partnerships, and R&D activities are key strategies adopted by players in the industrial robotics market. Industrial Robotics' top 10 companies include Fanuc, KUKA AG, ABB Group, Yaskawa Electric Corporation, EPSON, Kawasaki Heavy Industries, Ltd, Mitsubishi Electric Corporation, Omron Adept Technology, Staubli, Denso Corporation, and Automation among others.

Ø In November 2023, ABB Robotics introduced the IRB 930 SCARA robot, enhancing pick-and-place and assembly tasks in electronics, automotive, and renewable energy sectors. With a 10% increase in throughput and 200% stronger push-down capability, it optimizes productivity and quality, addressing evolving industry needs for heavier workpieces and force-intensive operations.

Ø In November 2023, Yaskawa Electric Corporation has unveiled the MOTOMAN NEXT series, pioneering adaptive robotics in the industrial sector. With five models boasting payloads ranging from 4kg to 35kg, these robots possess autonomous adaptivity, a groundbreaking feature for making environment-based judgments, driving innovation in industrial automation

Ø In April 2023, Doosan Robotics introduced the NSF-certified E-SERIES, a line of collaborative robots tailored for the food and beverage sector. This launch expands their product range with 13 new offerings, marking a significant milestone in the cobot market.

#Industrial Robotics Market #Industrial Robotics Market Share #Industrial Robotics Market Size #Industrial Robotics Market Forecast #Industrial Robotics Market Report #Industrial Robotics Market Growth

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trendingrepots · 6 months ago

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Warehouse Robotics Market - Forecast(2024 - 2030)

Warehouse Robotics Market Overvie

The Global Warehouse Robotics Market size is projected to reach US$6.2 billion by 2030, growing at a CAGR of 12% from 2024 to 2030. The Warehouse Robotics Market encompasses the automation sector dedicated to developing, deploying, and utilizing robotic systems within warehouse and distribution center settings. These robots undertake tasks like picking, sorting, packing, and transportation, aiming to boost operational efficiency, enhance order accuracy, ensure safety, and minimize labor costs. A pivotal trend influencing this market is the integration of cutting-edge technologies like Artificial Intelligence (AI), machine learning, and the Industrial Internet of Things (IIoT). These advancements empower robots to operate autonomously, make real-time decisions, and communicate seamlessly with other warehouse systems, driving higher productivity, accuracy, and adaptability. E-commerce's surge significantly propels the warehouse robotics market forward. With online shopping's exponential growth, retailers and logistics firms face mounting pressure to swiftly and accurately fulfill orders. Warehouse robots offer a scalable solution to manage these demands, enabling companies to optimize order fulfillment processes and navigate peak periods efficiently. Moreover, there's a mounting emphasis on warehouse digitalization and inventory management, spurred by the quest for enhanced visibility and control over inventory levels. Robotics technologies such as automated storage and retrieval systems (AS/RS) and sortation robots play a pivotal role in optimizing warehouse space usage and inventory tracking. The factors such as the proliferation of advanced technologies, the expansion of e-commerce, and the increasing focus on operational efficiency and safety are expected to drive market expansion in the foreseeable future.

Report Coverage

The report: “Warehouse Robotics Industry Outlook – Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Warehouse Robotics industry.

By Product Type: Autonomous Mobile Robot (AMR), Articulated Robots, Cylindrical Robots, SCARA Robots, Collaborative Robots, Parallel Robots, Cartesian Robots and Others.

By Payload Capacity: less than 20Kg, 20-100Kg, 100-300Kg and greater than 300Kg.

By System Type: Knapp Open Shuttle, Locus Robotics System, Fetch Robotics Freight, Scallog System and Swisslog Carrypick.

By Components: Programmable Logic Controller, Microprocessors and Microcontrollers, Actuators, Sensors and RF Module.

By Software: Warehouse management system, Warehouse execution system, Warehouse control system and Others.

By Function: Pick & Place, Assembling & Dissembling, Transportation, Sorting & Packaging and Others.

By End-use Industry: E-commerce, Automotive, Consumer Electronics, Food & Beverages, Healthcare, Metal & Machinery, Textile, Chemical and Others.

By Geography: North America (the US, Canada and Mexico), South America (Brazil, Argentina and Others), Europe (the UK, Germany, France, Italy, Spain and Others), APAC (China, Japan, South Korea, India, Australia and Others) and RoW (the Middle East and Africa).

Key Takeaways

• In the Warehouse Robotics market report, the autonomous mobile robots’ segment is analyzed to grow at a significant CAGR of 14.9% due to its high accuracy, increased efficiency and widespread applications across industry verticals.

• The E-commerce industry is expected to grow at the highest rate with a CAGR of 15.2% owing to factors such as rising demand for distribution center automation, fulfillment automation, growing demand for order accuracy and rising competition among the companies.

• North America held the largest market share of 34% in 2023 in the global Warehouse Robotics Market, owing to factors such as rapid R&D investments towards robotics and increasing adoption of robots for process automation.

#Warehouse Robotics Market price #Warehouse Robotics Market size #Warehouse Robotics Market share

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businessindustry · 3 months ago

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#trends #size

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padmavarma · 6 months ago

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Warehouse Robotics Market - Forecast(2024 - 2030)

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