Global Packaging Robots Strategic Business Report to 2027 - Featuring ABB, Bosch Packaging Technology, DENSO Robotics and FANUC Among Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--Nov 22, 2022--

The "Packaging Robots: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Packaging Robots estimated at US$3.2 Billion in the year 2020, is projected to reach a revised size of US$5.5 Billion by 2027, growing at a CAGR of 8.4% over the analysis period 2020-2027.

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

The U.S. Market is Estimated at $849.9 Million, While China is Forecast to Grow at 12.9% CAGR

The Packaging Robots market in the U.S. is estimated at US$849.9 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2027 trailing a CAGR of 13.1% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 7.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR.

Palletizing Segment to Record 6.3% CAGR

In the global Palletizing segment, USA, Canada, Japan, China and Europe will drive the 5.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$534.5 Million in the year 2020 will reach a projected size of US$790.6 Million by the close of the analysis period.

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

Select Competitors (Total 13 Featured) -

• ABB Group
• Bosch Packaging Technology
• Bosch Rexroth AG
• Brenton, LLC.
• Comau SpA
• DENSO Robotics
• FANUC Corporation
• Krones AG
• KUKA Aktiengesellschaft
• Mitsubishi Electric Corporation
• Remtec Automation, LLC.
• Schneider Electric SA
• Universal Robots A/S
• Yaskawa America Inc.
• Yaskawa Motoman

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Packaging Robots - Global Key Competitors Percentage Market Share in 2022 (E)
• Impact of Covid-19 and a Looming Global Recession
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

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

View source version on businesswire.com:https://www.businesswire.com/news/home/20221122005698/en/

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KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY PACKAGING ROBOTICS MANUFACTURING

SOURCE: Research and Markets

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