Global Material Handling Robots Market Research Report 2023(Status and Outlook)

Global Material Handling Robots Market Research Report 2023(Status and Outlook)

Report Overview

Material handling robots are used in various streams such as pick and place, palletizing/depalletizing, and the packaging sector. They are used to improve material handling efficiency, flexibility, and constancy in the manufacturing processes. The use of material handling robots in a production plant not only reduces the ergonomic threats but also helps to improve the lean management system of the business.

Material handling robots can manage case-picking functions and can also handle carts for contentment centers or manufacturing process for parts to the lines of operation. The lifting capacity of material handling robots can be over 150 lbs (68 kg). The twin arm manipulator can lift and handle almost every warehoused material. These robots help reduce workplace fatigue and injury.

Increases in the number of manufacturing facilities and the growth of production plants are among the major drivers of the material handling robotics market. The ability to simplify and decrease time consumption in production functions, while enhancing dependability, accuracy, and the involvement of low task force are the additional market drivers. The development of the material handling robotics market is expected to rise due to the suitability and the substantial cost reduction offered by these robots. Sorting systems, sliding belts, picking systems, and material putting robots are some of the material handling robots that have gained significance in recent years. The initial investment required for material handling robots is high, but in the long run these robots provide a competitive edge.

The Global Material Handling Robots Market Size was estimated at USD 8885.10 million in 2022 and is projected to reach USD 24216.03 million by 2029, exhibiting a CAGR of 15.40% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Material Handling Robots market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Material Handling Robots Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Material Handling Robots market in any manner.

Global Material Handling Robots Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

FANUC (Japan)

KUKA (Germany)

ABB (Switzerland)

Yaskawa (Motoman)(Japan)

Nachi (Japan)

Kawasaki Robotics(Japan)

Comau (Italy)

EPSON Robots (Japan)

Staubli (Switzerland)

Omron Adept Technologies (US)

DENSO Robotics (Japan)

OTC Daihen (Japan)

Toshiba (Japan)

Mitsubishi Electric (Japan)

Universal Robots (Denmark)

Hyundai Robotics (Korea)

Siasun (China)

Anhui EFORT Intelligent Equipment (China)

Estun Automation (China)

Guangzhou CNC Equipment (China)

STEP Electric Corporation (China)

Market Segmentation (by Type)

Articulated Material Handling Robots

SCARA Material Handling Robot

Parallel Material Handling Robot

Market Segmentation (by Application)

Hospitals

ASCs

Homecare

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Material Handling Robots Market

Overview of the regional outlook of the Material Handling Robots Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors