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The global robotic palletizer market is forecast to increase by USD 1.78 billion at a CAGR of 6.71% between 2022 and 2027. The growth of the market depends on several factors, including automation of material handling operations to reduce labor requirements, advantages of robots over conventional palletizers, and adoption of robots by small and medium-sized enterprises. The automation of material handling operations to reduce labor requirements is notably driving the market growth, although factors such as the high cost of deploying and maintaining automation systems may impede the market growth. This market trends and analysis report includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
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The market share growth of the food and beverage industry segment will be significant during the forecast period. The demand for robotic palletizers in the food and beverage industry dominated the global market. As the daily output of packaged food products, beverages, and other consumables is very high, handling and packaging containers is a difficult task for human labor. Therefore, companies in the food and beverage industry are gradually automating their material handling processes to ensure reduced product damage, along with efficiency in production processes. This automation will help the market growth over the forecast period.
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The food and beverage industry segment was valued at USD 1.21 billion in 2017 and continued to grow until 2021. Over the years, the end-users in the food and beverage industry have started adopting systems that ensure product safety and adhere to the changing needs of packaging. To meet these requirements, companies started deploying technologies such as Selective Compliance Assembly Robot Arm (SCARA), six- and seven-axis articulated robots, and delta-style robots, which help companies in the food and beverage industry accelerate the production process. These robotic palletizers, when integrated with feeding devices and advanced vision systems, can help end-users achieve significant improvements in their RoI.
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APAC is estimated to contribute 57% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
APAC constituted the biggest share of the global market in 2022 and is expected to post the fastest growth among all regions during the forecast period. The demand for robotic palletizers in the region is driven by the adoption of advanced technologies, such as robotics and automation, in the manufacturing and commercial sectors. Government initiatives that support manufacturing and automation in several countries, such as China, Japan, South Korea, and India, will also propel market growth.
Manufacturing companies are increasingly adopting automated robotic palletizer solutions equipped with robotic arms for efficient palletizing and depalletizing of corrugated cartons and individual products within their plants, streamlining the pick and place process and optimizing pallet orientation. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Automating material handling tasks to minimize labor needs is a primary catalyst fuelling the market expansion. The rising demand among end-users to mechanize repetitive functions and diminish reliance on manual labor fuels the uptake of robotic solutions in various sectors, including manufacturing facilities and plants. Unlike human workers, robots exhibit consistent performance without succumbing to fatigue or monotony, rendering them ideal for tasks like palletizing, depalletizing, and handling corrugated cartons and individual products. Leveraging high-speed motion control systems enables robots to operate at a swifter pace compared to human labor, resulting in reduced cycle periods and loading times. These advantageous features are set to propel market growth throughout the projected period.
The rise in adoption of the Industrial Internet of Things (IIoT) is one of the key market trends that is contributing to the market growth. The robots used in industrial applications are increasingly witnessing the deployment of smart sensors and communication devices, also known as IIoT devices, to collect data, which can be utilized to improve productivity and efficiency further.
They allow the formation of a system that can monitor, collect, exchange, analyze data, and deliver insights that can help drive business decisions. IIoT systems generally consist of intelligent devices, infrastructure for collecting and exchanging data, and cloud-based applications to drive analytics. Such factors are propelling market growth.
The high cost of deploying and maintaining automation systems is one of the factors hindering the market growth. Despite offering high ROI, the adoption of robotic palletizers entails high switching costs. Customers are usually bound by long-term service contracts with companies to reap the benefits of automated production. However, this limits the ability of end-users to switch between automation systems from different companies. Therefore, the high switching cost is a key factor that can affect the purchase decision of end-users.
In addition, as the robots are integrated into the production system, any malfunction or breakdown in the robots can lead to the potential shutdown of the entire production line. Thus, these factors are expected to hinder market growth during the forecast period.
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Robotic Palletizer Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ABB Ltd. - The company offers high-speed robotic palletizers such as IRB 460 with shorter cycle times, high precision movements, faster, easier programming, low cost of ownership, and increased productivity. They manufacture and sell electrical products and solutions that are designed to provide safe, smart, and sustainable electrical flow from the substation to the socket.
This market research and growth report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The Global Robotic Palletizers Market is witnessing a surge in demand driven by the need for efficient Depalletizing and Palletizing Robot Solutions in Manufacturing Companies across various sectors, such as the Food and Beverages Sector. Robotic arms offer Versatility in Orientation, Pick and Place operations, and handling Individual Products or Stacks of Load with zero damages. They replace manual labor, ensuring Workplace Safety by mitigating hazards. Multi-tasking Abilities and End of Arm Tools (EOATs) enhance the efficiency of production and cater to delicate products, ensuring effectiveness. Despite High Maintenance and Equipment Costs, strategic collaborations and technological advancements drive market growth, opening doors to Emerging New Markets while adhering to Trade Regulations and Import-Export Analysis for streamlined Production.
The market is witnessing significant growth driven by the need for efficient solutions in the corrugated carton industry. Robotic palletizers offer several advantages over traditional methods, including reduced reliance on manual labor, increased production efficiency, and lower capital costs associated with plant operations. They excel in handling stacks of loads and streamlining shipping processes, making them highly sought after in various industries. Hybrid palletizers are emerging as a cost-effective solution, combining the benefits of automation with flexibility. Despite these associated beneficial factors, the market faces restraints such as initial investment challenges. However, recent technological developments and production analysis indicate promising growth prospects for the global robotic palletizer market. The market is experiencing a rise in demand as industries seek efficient solutions to streamline operations. Robotic palletizers offer a compelling alternative to manual labor, enabling plants to handle stack of loads with precision and speed. Their cost effectiveness is a key driver behind their adoption, making them increasingly attractive to businesses aiming to optimize their processes. Recent developments in robotic technology have further enhanced their capabilities, ensuring they remain at the forefront of innovation.
This market analysis and report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
Robotic Palletizer Market Scope |
|
Report Coverage |
Details |
Page number |
174 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.71% |
Market growth 2023-2027 |
USD 1.78 billion |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
5.15 |
Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
Performing market contribution |
APAC at 57% |
Key countries |
US, South Korea, Singapore, Japan, Germany, and Sweden |
Competitive landscape |
Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
ABB Ltd., ABC Packaging Machine Corp, Armstrong, Concetti S.p.a, DENSO Corp., Duravant LLC, FANUC Corp., Fuji Yusoki Kogyo Co. Ltd, Illinois Tool Works Inc., Kawasaki Heavy Industries Ltd., KRONES AG, KUKA AG, MMCI Automation, Okura Yusoki Co. Ltd, Premier Tech Digital Ltd., Schneider Packaging Equipment Co Inc, Serpa Packaging Solutions LLC, Staubli International AG, Universal Robots AS, and Yaskawa Electric Corp. |
Market dynamics |
Market growth and trends, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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