Business report

Global Packaging Robots Strategic Business Report to 2027 – With ABB, Bosch Packaging Technology, DENSO Robotics and FANUC, among others – ResearchAndMarkets.com

DUBLIN–()–The “Packaging Robots: Global Strategic Business Report” report has been added to from ResearchAndMarkets.com offer.

The global packaging robot market, estimated at US$3.2 billion in 2020, is expected to reach a revised size of US$5.5 billion by 2027, growing at a CAGR of 8.4% over the 2020-2027 analysis period.

Pick & Place, one of the segments analyzed in the report, is expected to register a CAGR of 10.9% and reach US$1.8 billion by the end of the analysis period. After an initial analysis of the business implications of the pandemic and the induced economic crisis, the growth of the packaging segment is readjusted to a revised CAGR of 7.8% for the next 7-year period.

The US market is estimated at $849.9 million, while China is expected to grow at a CAGR of 12.9%

The packaging robot market in the United States is estimated to be worth US$849.9 million in 2020. China, the world’s second largest economy, is expected to reach a projected market size of US$1.3 billion by 2027, with a CAGR of 13.1% over the analysis period 2020 to 2027.

Other notable GeoMarkets include Japan and Canada, each predicting growth of 4.4% and 7.5% respectively over the 2020-2027 period. In Europe, Germany is expected to grow at a CAGR of around 5.4%.

The palletizing segment will record a CAGR of 6.3%

In the global palletizing segment, the United States, Canada, Japan, China and Europe will drive the estimated CAGR of 5.8% for this segment. These regional markets representing a combined market size of US$534.5 million in 2020 will reach a projected size of US$790.6 million by the end of the analysis period.

China will remain among the fastest growing markets in this group of regional markets. Led by countries such as Australia, India, and South Korea, the Asia-Pacific market is expected to reach US$765.4 million by 2027, while Latin America will expand to a CAGR of 7.5% over the analysis period.

Select competitors (13 total featured) –

  • ABB Group

  • Bosch packaging technology

  • Bosch Rexroth AG

  • Brenton, LLC.

  • Comau SpA

  • DENSO Robotics

  • FANUC Company

  • Krones AG

  • KUKA Aktiengesellschaft

  • Mitsubishi Electric Corporation

  • Remtec Automation, LLC.

  • Schneider Electric SA

  • A/S Universal Robots

  • Yaskawa America Inc.

  • Biker Yaskawa

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • Overview of the influencer market

  • Global Market Trajectories

  • Packaging robots – Percentage of market share of the main global competitors in 2022 (E)

  • Impact of Covid-19 and a looming global recession

  • Competitive Market Presence – Strong/Active/Niche/Trivial for Gamers Worldwide in 2022 (E)

2. FOCUS ON CERTAIN PLAYERS

3. MARKET TRENDS AND DRIVERS

4. GLOBAL MARKET OUTLOOK

III. MARKET ANALYSIS

IV. COMPETITION

For more information on this report, visit https://www.researchandmarkets.com/r/x0hsdl