Material handling robotics is utilized to transport objects. By fitting the robot with suitable end of arm tool (e.g. gripper), over which the robot can professionally and precisely move product or object from one location to another. In the present scenario, the automated material handling equipment market is chiefly driven by the improved adoption and increasing expenditures on the robotics systems and commercial and customer purchases of drones.
According to the study, ‘Asia-Pacific Material Handling Robotics Market by Offering, Robot Type, Application, Industry Vertical, and Country 2019-2026: Trend Forecast and Growth Opportunity’ categorical that there are some corporate that presently functioning tons successfully for dominant the foremost effective growth of the market and obtaining the productive competitive edge whereas accretive the productive moneymaking ways in which within which and policies like joint ventures, mergers and acquisitions, partnership, merger and merchandise development includes Seiko Epson Corporation (Epson Robotics), Omron Corporation (Omron Adept Technologies), Hyundai Robotics, ABB Ltd., Fanuc Corp., Rockwell Automation Inc., SIASUN Robot & Automation Co., Ltd., Staubli International AG, STEP Electric Corporation, KUKA (Midea Group), Kawasaki Robotics Inc., Comau S.p.A, Yaskawa Electric Corp., Denso Corporation, Mitsubishi Electric Corp., Toshiba Machine Co., Ltd., EFORT Intelligent Equipment, Reis Robotics, Estun Automation, Universal Robots, Nachi Fujikoshi Corp.. Daifuku Co., Ltd. proclaimed the formation of Vietnamese subsidiary, Daifuku Intralogistics Vietnam Co., Ltd. The newly designed subsidiary will accomplish local sales, installation and after-sales services of material handling systems for the industrialised and distribution sectors. Murata Machinery, Ltd. partnered with US material handling system dealer Alert Innovation, Inc. Alert, an American start-up company, industrialised ALPHABOT, a picking solution system. As a strategic partner, Muratec will undertake a transmission of technical knowledge on the ALPHABOT system and will have sole rights to market and sell, design, making, and service systems established on ALPHABOT through Japan.
The Asia-Pacific material handling robotics market is categorised on the idea of offering, robot type, application and industry vertical. Based on offering, the market is dispersed into Hardware Software and Service & support. Based on robot type, the market is considered into Articulated Robots, Cartesian Robots, SCARA Robots, Parallel Robots, Collaborative Robots and Others. Based on application, the Asia-Pacific market is characterized into Pick & Place, Palletizing & De-palletizing, Packing & Packaging, Part Transfer, Machine Tending and Others. Based on industry vertical, the Asia-Pacific market is deliberated into Automotive Industry, Chemical, Rubber & Plastics, Electrical & Electronics, Machinery & Metal, Food & Beverage and Others.
The regional investigation of Asia-Pacific material handling robotics market is taken into the account for the key provinces like Japan, China, South Korea, Taiwan, India and Rest of APAC. Japan is predictable to be the highest market share owing to presence of a good number of consumers within the region.
Furthermore, the main factors driving the expansion of the material handling robotics market is rising demand for robotics in business unit to overcome human error and accidents and the ability of robots to enhance the effectiveness of the manufacturing plant and increase customer satisfaction by delivering quality product that is fuelling the market development. Robots provide a great help in transporting heavy objects from one site to another easily by fitting the robot with an applicable end of arm tool like gripper. Furthermore, they are carrying out tasks like collision detection and conveyor tracking. Thus, it is predicted that the Asia-Pacific Material Handling Robotics market can increase within approaching years.
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Ankur Gupta, Head Marketing & Communications