Global Industrial Robotics For Food and Beverages Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx billion during the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 13.4% during the forecast period, i.e. 2017-2025. Industrial robotics is highly advanced technical machines that can mimic human activities upto a certain limit. Industrial robots can be of great use for the food and beverages industry as a number of heavy and repetitive work such as depanning, picking and placing, warehousing and others are required in production and packaging of food products. The emerging demand for automation in the food and beverage industry is expected to boost the growth of industrial robotics for food and beverages market size.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global food robots market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global industrial robotics for food and beverages market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
The increased adoptation of industrial robotics by food and beverages manufacturers in order to speed up and improve the production time of products is anticipated to drive the growth of industrial robotics for food and beverages market size. Reduction in labor cost is expected to fuel the demand for industrial robotics by food and beverages industry, hence escalating the growth of industrial robotics for food and beverage market. Escalated demand for intelligent machines for the production of contamination-free and safe edible products, and palletising are anticipated to boost the growth of the Industrial Robotics for Food and Beverages Market Size. Furthermore, developments in industrial robotics and introduction of technically modified industrial light-weight robots are expected to fuel the growth of industrial robotics for food and beverages market. According to German Agriculture Society, industrial light weight robots will be of an excellent use in food and beverages industry as they are light-weighted robots, equipped with integrated torque sensors. Flexibility and sensitivity of these robots, coupled with their ability to work in unstructured environments makes these robots an ideal fit for food and beverages industry.
However, adoptation of industrial robotics for limited application by food and beverages industry and resistance to robotics by mid-sized and small food and beverages manufacturers due to high cost of robots, fragile nature of food products, and additional sterilization requirement are anticipated to restrain the growth of food robots market size.
Articulated robots are expected to dominate the industrial robotics for food and beverages Market size over the forecast period, owing to their higher adoptation by food and beverages industry for material handling and palletising purpose, due to higher flexibility offered by articulated robots. According to German Agriculture Society, articulated robots offer a high degree of flexibility. Depending on the number of axes present in articulated robots, they can offer upto six degree of freedom, which enables almost any combination of movement.
The utilization of food robots market for packaging and palletising is expected to rise continuously due to dominant use of industrial robotics for heavy work. The escalating demand of packaged food is fueling the growth of industrial robotics in packaging of food products and beverages. The demand of robots in the packaging of food and beverages is anticipated to rise due to the consistency, flexibility and accuracy offered by them. Furthermore, robots can be preferred over human for packaging of materials as they can work continuously at the same speed for around 70,000 hours before requiring any maintenance.
The global industrial robotics for food and beverages market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. Europe is expected to dominate the industrial robotics for food and beverages market share due to rise in adoptation of industrial robotics by the region to ensure food safety. For instance, according to the World Health Organization (WHO), in Europe, around 23 million people fall ill due to consumption of unsafe food every year, which results in approx. 5000 deaths. Rising labor cost in the region is also motivating the food manufacturers and producers of the region to opt for advanced, automated and intelligent machines for food processing and packaging. Furthermore, stringent regulations on food safety by food safety legislations such as European Food Safety Autority (EFSA), Hellenic Food Authority, and others are encouraging manufacturers to ensure the delivery of safe and quality food products in the market.
Global Industrial Robotics For Food and Beverages Market Size, Share Analysis By Region 2017
Asia Pacific is anticipated grow significantly in the industrial robotics for food and beverages market share, over the forecast period owing to expanding food and beverage industry in the region, due to rising population, coupled with increasing disposable income. The rise in demand for packaged food in the region is anticipated to escalate the demand for automated robots to be utilized by food and beverages manufacturers. Increase in working female population in countries like India and rapid urbanization in major economies of the region such as China and India are projected to increase the demand for packaged food.
Global Industrial Robotics For Food and Beverages Market Study Objective
1. To forecast the market size of industrial robotics for food and beverages market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of food robots market on the basis of region, substrate and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have major impact on the growth of industrial robotics for food and beverages market, such as drivers, restraints, challenges and opportunities.
4. Regional analysis of food robots market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.
5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.
6. To provide detailed analysis of competitive and strategic developments in the industrial robotics for food and beverages market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
The key market players operating in the food robots market include Kawasaki Robotics, Rockwell Automation Incorporated, Adept Technology, Fanuc Corporation, Mitsubishi Electric Industries, Epson Robotics, ABB Group, and Yaskawa Electric Corporation. Key market players are involved in merger and acquisition activities in order to manufacture more efficient robots that are able to carry out a number of tasks required in food and beverages industry. For instance, in April 2017, TM Robotics and Toshiba Machine (in partnership) announced the launch of new series of TVM 6-axis line of robots that are capable of handling significant materials and are able to meet general machine tending needs.
Global Industrial Robotics For Food and Beverages Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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