Material
Handling Robotics Market: By Product (Articulated Material Handling Robots,
Scara Material Handling Robot), Application (Pick & Place,
Palletizing/De-Palletizing), End-User (Automotive, Electrical, and Electronics)
– Global Forecast till 2023
Market Highlights :
Global material
handling robotics market is projected to witness a rapid growth during the
forecast period. The growing demand for material handling robots in various
applications such as packaging, pick and place, and palletizing/de-palletizing
is aiding the market growth. The ease of work management and the significant
cost reduction offered by these robots is expected to boost the growth of the
material handling robotics market.
The global
material handling robotics market, by geography, is segmented into North
America, Europe, Asia Pacific, and Rest of the World. As compared to other
regions, the material handling robotics market in the Asia Pacific is expected
to witness a significant growth and hold the largest market share during the
forecast period. China, India, and South Korea are anticipated to drive the
growth of the material handling robotics market owing to the presence of a
large number of established key players such as DAIHEN Corporation (Japan),
Denso Wave (Japan), Epson Robotics (Japan), in this region.
Due to the high
adoption of material handling robotics in the automotive sector and factors
such as strongest growth potential and the presence of major manufacturing hub.
Emerging economies from developing nation such as China and Southeast Asian
countries are expected to be the main driving factor for the growth of the
market., in the region, the market is likely to show an immense growth in
the coming future.
In the global
material handling robotics market, Asia Pacific is anticipated to witness a
relatively faster adoption at the highest CAGR during the forecast period as
compared to other regions owing to the growing adoption of low labor cost
coupled with the reduced transportation cost also contributed to the regional
growth of the market and emerging economies and technological advancement in
the material handling robotics in the region.
The
global material handling
robotics market is projected to reach USD
31 billion at a CAGR of over 10% by the end of the forecast period 2017-2023.
Taste the market
data and market information presented through more than 30 market data tables
and figures spread over 100 numbers of pages of the project report. Avail the
in-depth table of content TOC & market synopsis on “Material Handling
Robotics market Research Report-Forecast to 2023”.
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Major Key
Players:
·
ABB
·
Adept
Technology
·
Apex Automation and Robotics
·
DAIHEN Corporation
·
Denso
Wave
·
Epson
Robotics
·
Fanuc
·
KUKA
·
Kawasaki
Robotics
·
Nachi
Robotic Systems
Segmentation:
The global
material handling robotics market is segmented by product, application, and
end-user.
By the product
segment, the market is segmented into articulated material handling robots,
scare material handling robot, parallel material handling robot and others.
On basis of
the application, the market is segmented into pick & place,
palletizing/de-palletizing, packing & packaging, product/part transfer,
machine tending and others.
On basis of the
end-user, the market is broadly segmented into automotive, electrical and
electronics, metal & machinery, chemical, food & beverage, and others.
Regional
Analysis:
The
global material handling robotics market is
studied for Asia Pacific, North America, Europe, and Rest of the World. It has
been observed that APAC region accounts for the largest share in the global
material handling robots market both in terms of sales volume and annual revenue.
Owing to factors such as strongest growth potential and presence of major
manufacturing hub. Emerging economies from developing nation such as China and
Southeast Asian countries are expected to be the main driving factors of the
market growth. Other factors such as low labor costs coupled with the reduced
costs associated with transportation also contributed to the regional growth of
the market. Increasing demand for cutting-edge technologies such as big data
analytics and internet of things (IoT) in logistics to manage the operational
requirements is fuelling the material handling market growth.
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Intended
Audience:
- Technology
Investors
- Research/Consultancy
firms
- Technology
Solution Providers
- Original
Equipment Manufacturers
- Automotive
manufacturer
Table
of Contents
1 Market Introduction
1.1 Introduction
1.2 Scope
of Study
1.2.1 Research
Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market
Structure
Continued…
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