The Global Packaging Robots Market, By Gripping Type (Clamp Type, Claw Type, Vacuum and Others) By Application (Picking, Packing (Tray, Cases and Other), Palletizing (Case Palletizing, Bag Palletizing and De-palletizing)), By End-use Industry (Food, Beverages, Cosmetics & Personal Care, Pharmaceuticals, Tracking, Logistics & Transport , Chemical Manufacturing, Consumer, Goods and Other End Use Industries) , and By Region (North America, Latin America, Europe, APAC and Middle East & Africa) - Global Forecast to 2030”, is expected to be valued at US$ 11.84 billion by 2030, exhibiting a CAGR of 11.4% during the forecast period (2023-2030), as highlighted in a report published by Coherent Market Insights.
A packaging robot is a specialty robotic system used for packaging operations. Manufacturers use packaging robots to make the process faster, accurate, and cost-efficient. Packaging robots are extremely flexible and are used for operations such as filling, primary packaging, secondary packaging, picking, placing, palletizing and de-palletizing. These robots are available in different sizes, payloads, reach, and mounting options. Packaging robots help to reduce labor cost, package time and provides the ability to lift larger packages. Moreover, these robots are easy to integrate into any type of workplace since they do not occupy a large space. These robots are majorly used in food and beverages, pharmaceuticals, chemical, electronics, tracking and logistic (warehouses) and consumer product industries.
The global packaging robots market was valued for US$ 4.8 Bn in 2022 is expected to exhibit a CAGR of 11.4% during the forecast period (2022 to 2030).
Key Developments
- In Feb-2020, ABB, a pioneering technology leader that works with utility, industry, transportation, and infrastructure allied with Covariant, an Artificial Intelligence Robotic Company with the aim is to introduce AI-enabled robotics solutions to the market where robots were able to work on their own with the help of AI systems.
- In October 2022, Scheider Electric announced Partnership with OptiMach, a Quebec robotics company with the aim to expand their operational commitments, this will allow OptiMach to deliver robots and automatic solutions to customers customized according to their needs.
Global Packaging Robots Market- Impact of Coronavirus (Covid-19) Pandemic
During the covid-19 Pandemic, there was widespread disease coronavirus which was spreading all over the world this led to the temporary suspension of various businesses which severely affected the sales of automation solutions, such as robotics, in the region. To combat this disease government imposed lockdowns worldwide. As a result, the worldwide market was damaged by owing to such rules. Moreover, there was a huge impact on the revenue of the robotics market.
But, According to coherent market research analysis, this situation will come under control in upcoming years.
To know the latest trends and insights prevalent in this market, click the link below:
https://www.coherentmarketinsights.com/market-insight/packaging-robots-market-3586
Browse 150 market data tables* and 90 figures* on “Global Packaging Robots Market- Global Forecast to 2030”
Key Trends and Analysis of the Global Packaging Robots Market:
- Since robots are deployed in more and more complex environments, it is crucial to safeguard robots. Role of variety of devices such as light curtains, safety controllers, and laser scanner has become apparent, in order to ensure there is no disruption in the production and packaging process. As companies are focused on scaling up their production and other processes, the need for the safeguarding of robots becomes even prominent, moving from conventional conditional logics of “If X, then Y”, which now has moved to simple safety modules and guard monitoring controllers.
- Next-generation packaging robots offer innovative solutions to challenging circumstances that are faced by many industries including pharmaceuticals. In pharmaceutical industry, manufacturing of vaccines is the ideal example, which requires special handling capabilities with precision. Vision-aided conveyor tracking, built-in scanners for ease of shipping, tele camera-enabled code reader mounted on picking, and palletizing robots are some of the major technological advancements that enable pharmaceutical companies to speed up the packaging process. The next-generation robots cab pick and firmly place over 20 vaccine cartridges at a time and over 500 syringes in sixty seconds.
- Key players operating in the global packaging robots market are Mitsubishi Electric Corporation, Remtec Automation, LLC, Bosch Packaging Technology, Schneider Electric SE, KUKA Roboter GmbH, Brenton LLC, FANUC Corporation, Krones AG, Yaskawa Electric Corporation, and ABB Ltd.
