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Palletizing Robot Market Analysis

  • Report ID: GMI7541
  • Published Date: Nov 2023
  • Report Format: PDF

Palletizing Robot Market Analysis

Based on robot type, the market is divided into SCARA, cobots, deltas, articulated robot, and gantry robot. The articulated robots segment dominated the market with a share of over 56% in 2022 and is estimated to reach over USD 57 million in revenue by 2032. Articulated robots, also known as robotic arms or manipulators, are the most common type of industrial robots. They are characterized by their multiple rotary joints that resemble a human arm, allowing them to perform complex movements and reach into confined spaces. This makes them suitable for a wide range of applications in various industries, including manufacturing, assembly, welding, painting, material handling, and packaging. Articulated robots can be programmed to perform a wide variety of tasks, making them versatile and adaptable solutions for various applications. The multiple rotary joints allow articulated robots to perform precise and intricate movements, making them well-suited for tasks that require dexterity and precision.
 

Palletizing Robot Market Share, By End-use, (2022)

Based on the end-use, the market is divided into discrete manufacturing, chemicals & materials, electrical & electronics, food & beverage, pharmaceutical & healthcare, transportation & warehousing, and others. The food and beverage segment dominated the global market with a share of over 36% in 2022 and is estimated to reach over USD 40 million in revenue by 2032. Palletizing robots play a crucial role in the food and beverage industry, automating the process of stacking and securing products onto pallets for storage, transportation, and distribution. Palletizing robots can operate tirelessly and consistently, significantly increasing the speed and efficiency of the palletizing process. This translates to higher productivity, reduced labor costs, and improved overall production output. Palletizing is a labor-intensive task that can be physically demanding and prone to errors. Palletizing robots eliminate the need for manual labor, reducing labor costs and minimizing the risks of workplace injuries.
 

China Palletizing Robot Market Size, 2021 - 2032, (USD Billion)

Asia Pacific dominated the global palletizing robot market with a share of over 34% in 2022. The Asia Pacific region, particularly countries including China, Japan, South Korea, and others, is a hub for manufacturing activities across various industries. The increasing demand for automated solutions to enhance efficiency and productivity in manufacturing plants has driven the adoption of palletizing robots. The rapid growth of e-commerce in the Asia Pacific region has led to a surge in demand for automated material handling solutions, including palletizing robots. These robots play a crucial role in the logistics and distribution centers of e-commerce companies, streamlining the palletizing process for a diverse range of products. Some countries in the Asia Pacific region are experiencing challenges related to an aging workforce and labor shortages. Palletizing robots provide solutions to address these labor issues by automating repetitive and labor-intensive palletizing tasks, reducing dependency on manual labor.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

Market size for palletizing robot was over USD 50 billion in 2022 and is estimated to witness over 6% CAGR between 2023 and 2032 due to the increasing trend toward automation in manufacturing processes worldwide.

The articulated robot type segment held over 56% share of the palletizing robot industry in 2022 and is estimated to exceed USD 57 million in revenue by 2032 owing to growing adoption in manufacturing, assembly, welding, painting, material handling, and packaging.

The food and beverage end-use segment recorded over 36% of the palletizing robot industry share in 2022 and is estimated to surpass USD 40 million by 2032 due to higher need for automating the process of stacking and securing products onto pallets for storage, transportation, and distribution.

Asia Pacific garnered over 34% of the global palletizing robot market share in 2022 owing to the surge in manufacturing activities across various industries in China, Japan, and South Korea

Palletizing Robot Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 404
  • Countries covered: 20
  • Pages: 240
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