DUBLIN--(BUSINESS WIRE)--The "Global Packaging Robots Market 2017-2021" report has been added to Research and Markets' offering.
The global packaging robots market to grow at a CAGR of 9.58% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global packaging robots market for 2017-2021. To calculate the market size, the report considers the sales and installation of packaging robots, and maintenance, replacement, and retrofit of packaging robots and allied system software. The report also includes a discussion of the key vendors operating in this market.
Global packaging robots market will witness growth during the forecast period, as industrial robots have experienced demand from various industries that include major users such as food and beverage, electronics and semiconductor, and pharmaceutical industries. There are four major factors that will act as catalysts for the market growth of packaging robots.
According to the report, one of the major drivers for this market is Optimization of operational cost. With the increase in awareness about robotic technology, developments in automation and artificial intelligence can be seen globally. Characteristics of industrial robots, such as easy installation, are resulting in the market growth of packaging robots. As these robots can work autonomously without any human intervention, the incorporation of packaging robots for various packaging applications has increased. Robots can perform multiple applications, which reduces the manual labor, resulting in the reduction of operational cost.
Key Market Trends
- Prioritizing safety measures
- Implementation of packaging robots to work on multiple applications
- Integration of Internet of Things, big data, and artificial intelligence
- 3D multi imaging and image scanning
Key vendors
- ABB
- FANUC
- KUKA
- Universal Robotics
- Yaskawa Motoman
Other prominent vendors
- Bosch Rexroth
- Comau Robotics
- DENSO Robotics
Key Topics Covered:
- Executive Summary
- Scope Of The Report
- Research Methodology
- Introduction
- Market Landscape
- Market Segmentation By Application
- Market Segmentation By End-User
- Regional Landscape
- Decision Framework
- Drivers And Challenges
- Market Trends
- Vendor Landscape
- Key Vendor Analysis
- Appendix
For more information about this report visit https://www.researchandmarkets.com/research/hllcbd/global_packaging
