DUBLIN--(BUSINESS WIRE)--The "Food Robotics Market by Type, Payload, and Application: Global Opportunity Analysis and Industry Forecast, 2022-2031" report has been added to ResearchAndMarkets.com's offering.
The global food robotics market was valued at $2,047.3 million in 2020, and is estimated to reach $5,787.9 million by 2031, registering a CAGR of 10.4% from 2022 to 2031.
Various technological advancements across numerous sectors have brought fictional robots to reality. Increase in demand for enhanced productivity augments the deployment of robots to automate the tasks, resulting in robots being an integral part of various industries. Globally, the demand for packaged food is anticipated to increase at a moderate rate during the forecast period. This is expected to surge the demand for food robotics in the near future. In addition, surge in food safety regulations is expected to boost the demand for food robotics during the analysis period.
The food & beverage sector incorporates automated technology for packaging and palletizing to reduce cost, save time, and deliver better quality products. This technology enhances the storage capacity and efficient use of vertical space. Automation in production plants and warehouse areas has become popular for loading/unloading, sorting, palletizing, and put-away tasks, leading to improvement in the supply chain performance in the food & beverage industry. Robotic systems assist to reduce the workload of employees, working in collaboration with them for higher efficiency. Furthermore, with growth in stringent safety regulations regarding work safety, companies now employ robotic systems for dangerous and hazardous environments.
The market witnesses enhancements in robotics industry such as growth in number of stakeholders in the market, enhancement in automation technology, and developments in artificial intelligence (AI), which foster the demand for cost-effective robots.
Manufacturers are increasingly focusing to manufacture effective robots at low costs to reduce operations complexity in food industry. The adoption of robotics in industries has resulted in cost savings as machines can operate 24/7 without a break and do not suffer fatigue unlike human workers. In addition, robots can be deployed in areas with specific and limited space and still remain accurate, consistent, and lift heavy loads without suffering any physical injury. Thus, the need of robots over fixed automation makes it a cost-effective solution, thereby supplementing the global market growth.
According to the market players, the major obstacle faced by them attributed by the COVID-19 pandemic were the disruption of the supply chain and restrictions in manufacturing capacity. Furthermore, all the supply channels were nearly shut down in the first quarter of the pandemic.
Market Segments Analyzed
By Type
- Articulated
- Cartesian
- SCARA
- Parallel
- Cylindrical
- Collaborative
- Others
By Payload
- Low
- Medium
- High
By Application
- Palletizing
- Packaging
- Repackaging
- Pick & Place
- Processing
- Others
Key Topics Covered
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Landscape
Chapter 4: Food Robotics Market, by Type
Chapter 5: Food Robotics Market, by Payload
Chapter 6: Food Robotics Market, by Application
Chapter 7: Food Robotics Market, by Region
Chapter 8: Company Profiles
- Mitsubishi Electric Corporation
- ABB Group
- Rockwell Automation Incorporated
- Kawasaki Heavy Industries Ltd.
- Kuka AG
- Fanuc Corporation
- Yaskawa Electric Corporation
- SeikoEpson Corporation
- Staubli International AG
- Universal Robotics A/S
For more information about this report visit https://www.researchandmarkets.com/r/k6o295
