Global Material Handling Robotics Market, By Type (Transportation Handling Robots, Positioning, Unit Load Formation Robots, Articulated Robots, Cartesian Robots, SCARA Robots, Storage, Identification and Control Robots), Function (Assembly, Packaging, Transportation, Distribution, Storage and Waste Handling), Application (Pick and Place, Palletizing/De-Palletizing, Packing and packaging, Product/Part Transfer and Machine Tending), End User (Automotive, Chemical, Electrical and Electronics, Industrial Machinery, Food and Beverage and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights of Material Handling Robotics Market
Growing focus on the technological advancements by the major manufacturers, rising up gradation of existing infrastructure with advanced systems, rising adoption of robots across various industries to avail automation in the processes and operations are the major factors attributable to the growth of material handling robotics market. Data Bridge Market Research analyses that the material handling robotics market will exhibit a CAGR of 10.49% for the forecast period of 2022-2029. Therefore, the material handling robotics market value would rocket up to USD 52.39 billion by 2029.
From the name itself, it is clear that material handling robotics refers to the robots that are efficient in handling heavy materials, grading them, packaging, pick and place, palletizing/de-palletizing, and others. The application of material handling robotics reduces the probability of human errors as it doesn’t require any kind of human intervention.
Global Material Handling Robotics Market Scope and Market Size
The material handling robotics market is segmented on the basis of type, function, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the material handling robotics market has been segmented into transportation handling robots, positioning, unit load formation robots, articulated robots, cartesian robots, SCARA robots, storage and identification and control robots.
- Based on function, the material handling robotics market has been segmented into assembly, packaging, transportation, distribution, storage and waste handling.
- Based on application, the material handling robotics market has been segmented into pick and place, palletizing/de-palletizing, packing and packaging, product/part transfer and machine tending.
- The end user segment is segmented into automotive, chemical, electrical and electronics, industrial machinery, food and beverage and others.
Material Handling Robotics Market Country Level Analysis
The material handling robotics market is analysed and market size, volume information is provided by country, type, function, application and end user as referenced above.
The countries covered in the material handling robotics market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Competitive Landscape and Material Handling Robotics Market Share Analysis
The material handling robotics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to material handling robotics market.
Customization Available : Global Material Handling Robotics Market
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Major TOC of the Report
- MARKET SEGMENTATION
- MARKET OVERVIEW
- EXECUTIVE SUMMARY
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