According to Goldstein Research, technological automation in various industries like packaging industry or agriculture industry is a major boost to packaging robot market as with the automated machines and robots there will be better productivity and lesser time consumption. Global Packaging Robots Market Segmentation includes application that comprises of picking & placing, packing and palletizing. Packing segment is said to dominate the market with around 49% of market share in which case packing being the highest revenue generating sub-segment in 2016. According to our analysts “Pick and place robot system in application segment is estimated to grow at a CAGR of 11.5% over the forecast period.” Global Packaging Robots market is majorly growing in developed nations owing to increasing use of packaging robots in order to increase the efficiency and accuracy in packaging operations.
Market Segmentation
On the basis of our in-depth analysis, Global Packaging Robots Market can be segmented as follows:
• Based on Component
o Hardware
 Automation and control system
 Sensing and monitoring device
o Software
 Local/Web based Software
 Cloud based Software
o Services
 Managed services
 Connectivity services
 Maintenance/Support services
• Based on Gripper Type
o Clamps
o Claws
o Vacuums
o Others
• Based on Application
o Picking and placing
o Packing
 Case packing
 Tray packing
 Filing
 Others
o Palletizing
 Case palletizing
 Bag palletizing
 De-palletizing
• On the basis of region
o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

“Global Packaging Robots Market Outlook 2024” contains detailed overview of the global packaging Robots market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by component type, by gripper type, by application type, by end user type.
Further, for the in-depth analysis, Global Packaging Robots Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as ABB Limited, Krones AG, Fanuc Corporation, Schneider Electric SE, Yaskawa America Inc., Mitsubishi Electric Corporation, Bosch Packaging Technology (Robert Bosch GmbH), Brenton Engineering, Kuka Roboter GmbH, Remtec Automation LLC., GUANGZHOU RISONG INTELLIGENT TECHNOLOGY HOLDING , Brokk AB (SE), Durr Systems, Amada Co Ltd., FIPA GmbH, Kejie Group, Star Seiki Co, Ylog GmbH, Weiss Robotics, Suzhou GST Technology, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global packaging robots market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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