Chandigarh Herald

Food Robotics Market to Growing at a CAGR of 13.1% | Key Players are ABB Group, Rockwell Automation Inc., Universal Robots A/S, Staubli International AG, Bastian Solutions LLC

 Breaking News
  • No posts were found

Food Robotics Market to Growing at a CAGR of 13.1% | Key Players are ABB Group, Rockwell Automation Inc., Universal Robots A/S, Staubli International AG, Bastian Solutions LLC

June 13
19:11 2022
Food Robotics Market to Growing at a CAGR of 13.1% | Key Players are ABB Group, Rockwell Automation Inc., Universal Robots A/S, Staubli International AG, Bastian Solutions LLC
MarketsandMarkets™
The global food robotics market size is estimated to be valued at USD 1.9 billion in 2020 and projected to reach USD 4.0 billion by 2026, recording a CAGR of 13.1% during the forecast period.

The global Food Robotics Market size is estimated to be valued at USD 1.9 billion in 2020 and is projected to reach USD 4.0 billion by 2026, recording a CAGR of 13.1% during the forecast period. The demand for food robotics is increasing significantly owing to the surging demand for food with increasing population and increasing demand for enhanced productivity in food processing. Additionally, increasing investments in automation in the food industry is projected to provide growth opportunities for the food robotics market.

Food Robotics Market

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=205881873

Opportunities: Increasing functionality of robots

Traditionally, the functionality and use of robots was limited to heavy payload in transportation equipment manufacturing. However, with the increasing functionality of robots more industries, such as the food processing industry are adopting automation with mainly low payload robots. Sections such as dairy and bakery in the food & beverage industry are minimizing human contact in the production process in order to comply with health authority standards. There is an opportunity for the food robotics market to grow with the increase in functionality of robots to include packaging, repackaging, and palletizing.

The European region dominates the food robotics market with the largest share in 2020.

The European food robotics market is driven by high investment in research & development with regard to technology, along with the rise in demand for packed, ready-to-cook, and high-quality food products. The European Robotics Association started monitoring in European Union activities, policies, and funding in the new robot technology to strengthen the international market for food & beverage manufacturing, which is likely to impact the adoption of food robotics positively.

Make an Inquiry @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=205881873

Key players in this market include ABB Group (Switzerland), KUKA AG (Germany), Fanuc Corporation (Japan), Kawasaki Heavy Industries Ltd. (Japan), Rockwell Automation Inc. (U.S.), Mitsubishi Electric Corporation (Japan), Yasakawa Electric Corporation (Japan), Denso Corporation (Japan), Nachi-Fujikoshi Corporation (Japan), OMRON Corporation (Japan), Universal Robots A/S (Denmark), Staubli International AG (Switzerland), Bastian Solutions LLC (U.S.), Schunk GmbH (Germany), Asic Robotics AG (Switzerland), Mayekawa Mfg. Co. Ltd. (Japan), Apex Automation & Robotics (Australia), Aurotek Corporation (Taiwan), Ellison Technologies Inc. (U.S.), Fuji Robotics (Japan), and Moley Robotics (U.K.).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/food-robotics-market-205881873.html

Related Articles