New York, January 6, 2022 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Packaging Robots Market Forecast to 2028 – COVID-19 Impact and Global Analysis by Industry Vertical and Application” – https: // www .reportlinker.com / p06195624 /? utm_source = GNW
Installing a robotic packaging system increases flexibility and improves the overall production of the packaging line.
In addition, packaging robots can operate at various temperatures and take up much less floor space than people. Growing demand for various items is forcing companies to focus on improving production efficiency and implementing better management of operations.
Implementing robotic automation in packaging units can help achieve Overall Equipment Efficiency (OEE), which is a necessary need for long-term production efficiency. Robotic installation in packaging lines improves the high speed efficiency of product selection, packaging and palletizing by reducing physical dexterity.
In addition, due to the increasing demand, a considerable number of investments have been registered in the field of robotics. According to surveys, the demand for robots has been fueled by investments in new production capacities and the modernization of industrial premises. Factors such as the development of energy efficient packaging systems and fierce competition in all major manufacturing markets have made it possible to invest in packaging robot technology around the world.
The packaging robot market is segmented on the basis of industry vertical, application, and geography. On the basis of industry vertical, the market is segmented into Food & Beverage, Pharmaceuticals, Consumer Electronics, and others.
The food and beverage segment accounted for the largest share of the overall market in 2020. In terms of application, the packaging robot market is segmented into primary packaging, secondary packaging and tertiary packaging.
In 2020, the primary packaging segment accounted for the substantial market share. Geographically, the market is broadly segmented into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South America (SAM).
In 2020, Asia-Pacific accounted for the significant share of the global market.
The Middle East and Africa is one of the regions where several economies are still in the nascent stage of technological adoption and development. However, the growth outlook for the region is neutral and likely depends on the outcome of government and private sector initiatives and investments. .
Saudi Arabia, United Arab Emirates, Egypt, Morocco and Kuwait are the main countries facing the economic impacts of the COVID-19 pandemic in the Middle East and Africa. The financial implications of the pandemic in these countries can set back their developments and set them back. economically unstable in the long run.
Brazil has recorded the highest number of COVID-19 cases, followed by Ecuador, Chile, Peru and Argentina in 2020. To curb the spread of the virus, all economic activities in the region have been shut down. partially interrupted.
The COVID-19 pandemic has severely affected sales of automation solutions, such as robotics, in the region. The long-term demand outlook is expected to show tremendous growth as governments prioritize the adoption of automation in the region by focusing on new cutting-edge technologies, such as artificial intelligence (AI), machine learning, deep learning, 3D printing and machine vision. These factors are likely to create favorable growth of the packaging robot market in Middle East & Africa over the next 3-4 years.
The overall packaging robot market size was derived using primary and secondary sources. To begin the research process, an exhaustive secondary research was conducted using internal and external sources to obtain qualitative and quantitative information related to the market.
The process is also used to get overview and forecast of the packaging robot market with respect to all segments. Europe, Asia-Pacific, Middle East and Africa and South America.
In addition, primary interviews were conducted with participants and industry commentators to validate the data and gain more analytical insight on the topic. Participants in this process include industry experts such as vice presidents, business development managers, market intelligence managers and national sales managers, as well as external consultants such as valuation experts, research analysts and key opinion leaders specializing in the packaging robot market.
Some major players operating in the global packaging robot market are ABB; Brenton, LLC; Fanuc Company; Krones SA; Kuka AG; Mitsubishi Electric Corporation; Remtec Automation, LLC; Syntegon Technology GmbH (Bosch Packaging Technology); Schneider Electric SE; and Yaskawa Electric Corporation.
Read the full report: https://www.reportlinker.com/p06195624/?utm_source=GNW
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