Thursday, August 26, 2021

Food Robotics Market Size, Company Revenue Share, Key Drivers & Trend Analysis, 2028

 


The global Food Robotics Market was valued at USD 1,463.7 Million in 2019 and is expected to reach USD 3,441.9 Million by the year 2027, at a CAGR of 11.5%. In the modern competitive business, the role of robots is becoming significant for industrial applications. The important factor for using robots in the industry aims at reducing human inference and to increase the productivity.

The global Food Robotics market research report provides a brief overview inclusive of competitive landscape and key developments in the market. It provides an extensive study analysis of the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, corporate deals and partnerships, among others. It also offers insights into company overview, financial standing, business expansion plans, and revenue growth of each company.

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Some of the key market players are Mitsubishi Electric Corporation (Japan), ABB Group (Switzerland), Kawasaki Heavy Industries Ltd. (Japan), Rockwell Automation Incorporated (U.S.), and FANUC Corporation (Japan). KUKA AG (Germany), Seiko Epson Corporation (Japan), Yaskawa Electric Corporation (Japan), Staubli International Corporation (Switzerland), Mayekawa Mfg. Co., Ltd. (Japan), Universal Robots A/S (Denmark), and Bastian Solutions Inc. (U.S.)

Further key findings from the report suggest

  • Industrial and collaborative robots in the food industry are increasingly being deployed in primary processing and secondary processing applications
  • Robotic automation has pervaded an incredibly diverse range of industries all over the globe – the food processing industry is one of the final frontiers of robotic automation
  • One of the most important advances in robotic technology for food processing has been the introduction of more advanced grippers
  • There are soft grippers that can quickly but gently handle sensitive food products such as fruits and vegetables. Other types of grippers, such as vacuum grippers, have also shown promise in handling delicate or irregularly shaped items
  • Many advanced grippers are also paired with robust robotic vision technology to guide the robotic arm, allowing it to compensate for variations in product shape. This creates greater accuracy and consistency in processing applications
  • Packaging and palletizing applications are the two main areas where robots are being used; the market share of these two applications are expected to be 33.8% and 22.0 by 2027

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Segments covered in the report:

This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2020 to 2027. For the purpose of this study, Reports and Data have segmented Food robotics market on the application, type and region:
On the basis of type, the food robotics market has been segmented as follows:

  • Articulated
  • Cartesian
  • SCARA
  • Parallel
  • Cylindrical
  • Collaborative
  • Others

On the basis of payload, the food robotics market has been segmented as follows:

  • Low (<10 Kg)
  • Medium (>10 Kg–<100 Kg)
  • Heavy (>100 Kg)

On the basis of application, the food robotics market has been segmented as follows:

  • Palletizing
  • Pick & place
  • Packaging
  • Repackaging
  • Processing
  • Others

On the basis of end-user industry, the food robotics market has been segmented as follows:

  • Beverages
  • Meat, poultry, and seafood
  • Dairy
  • Bakery
  • Fruits & vegetables
  • Confectionery
  • Others

Regional Outlook (Revenue, USD Million; 2020-2027)

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • Middle East & Africa
  • Latin America
    • Brazil
    • Rest of Latin America

Browse full report here @ https://www.reportsanddata.com/report-detail/food-robotics-market

The research provides answers to the following key questions:

·         What will be the market size and growth rate of the Food Robotics market for the forecast period 2019 -2027 across different regions?

·         What are the key driving forces expected to shape the future of the industry worldwide?

·         What strategies are the prominent vendors adapting to stay ahead of their competitors?

·         Which major trends are impacting the development of the Food Robotics Market Worldwide?

·         Which factors can hinder, challenge or even restrict the expansion of the Food Robotics market worldwide?

·         What are the opportunities or future prospect for the business owners operating in the market for the forecast period, 2019 - 2027?

Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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