Material Handling Robotics Market 2021-2027
New Study Reports " Material handling robots Market 2021, Analysis, Growth, Size, Trends Forecasts 2027" has been Added on MarketResearchFuture.
Report Overview
Starting with the overview of the Material handling robots Market, it presents an overall analysis of the latest trends that are prevalent in the industry. The report begins with the description of the market surroundings and the analysis of the size and forecast of product or service based on regions and applications. In addition to it, the report also introduces the market competitive landscape among the vendors and manufacturers that contribute to the growth of the product or service. The company profiling and market price analysis in relation to the value chain features is also covered in the report. The data experts have examined and scrutinized the industry trends in the key regions. 2021 has been considered as the base year, with the forecast period extending to 2027.
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.
Global material handling robots 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 robots market.
The global material handling robots market, by geography, is segmented into North America, Europe, Asia Pacific, and Rest of the World. As compared to other regions, the material handling robots 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 robots 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 robots 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 robots 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 robots in the region.
Key Players
The report has profiled some of the Important players prevalent in the global like – ABB (Sweden), Adept Technology(U.S.), Apex Automation and Robotics (Australia), DAIHEN Corporation (Japan), Denso Wave (Japan), Epson Robotics (Japan), Fanuc (U.S.), KUKA (Germany), Kawasaki Robotics (U.S.), Nachi Robotic Systems (U.S.) and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Material handling robots.
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Material handling robots Market Segmentation:
The global material handling robots 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 robots 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.
Key Stakeholders
Material handling robots Market Manufacturers
Material handling robots Market Distributors/Traders/Wholesalers
Material Handling Robotics Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Major Key Points from Table of Content:
1 Executive Summary
2 Market Introduction
2.1 Definition 15
2.2 Scope of The Study 15
2.3 Market Structure 15
2.4 List of Assumptions 16
3 Research Methodology
4 Market Dynamics
5 Global Material handling robots Market, By Component
6 Global Material handling robots Market, by Technology
7 Global Material Handling Robotics Market, by Application
8 Global Material Handling Robotics Market, By Industry
9 Global Material handling robots Market, By Region
10 Competitive Landscape
And more
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