Global Packaging Robots Market 2023-2027
Technavio has been monitoring the packaging robots market and is forecast to grow by $8.49 bn during 2022-2027, accelerating at a CAGR of 10.33% during the forecast period. Our report on the packaging robots market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advancements in the robotics industry, the need for high accuracy and precision, and the increasing demand for sustainable packaging solutions.
Technavio's packaging robots market is segmented as below:
By Application
- Primary packaging
- Secondary packaging
By End-user
- Food and beverage industry
- Pharmaceutical industry
- Electronic and semiconductor industry
- Machine tools and auto industry
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increased inclination toward cobots as one of the prime reasons driving the packaging robots market growth during the next few years. Also, integration with artificial intelligence (AI) and vision-guided robots will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the packaging robots market covers the following areas:
- Packaging robots market sizing
- Packaging robots market forecast
- Packaging robots market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading packaging robots market vendors that include ABB Ltd., BluePrint Automation BV, Comau Spa, DENSO Corp., FANUC Corp., Fuji Yusoki Thailand Co. Ltd., IAI Industrieroboter GmbH, KRONES AG, KUKA AG, Mitsubishi Electric Corp., Pro Mach Inc., Remtec Automation LLC, Robert Bosch GmbH, Syntegon Technology GmbH, Teradyne Inc., Yamaha Motor Co. Ltd., Yaskawa Electric Corp., IPG Photonics Corp., Schneider Electric SE, and Seiko Epson Corp. Also, the packaging robots market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.