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LONDON–(BUSINESS WIRE)–The global robotic palletizer market is expected to post a CAGR of close
to 13% during the period 2019-2023, according to the latest market
research report by Technavio.

With the rising demand from end-users to automate operations and reduce
manual labor, the adoption of robots is increasing in commercial
applications including material handling applications such as
palletizing. Unlike human labor, robots do not tire out or get bored of
repeating the same task, which makes them ideal for operations. Some of
the key benefits of automation in various industries include cost
reduction, increase in productivity, higher availability, better
reliability, and performance. Robotic palletizers provide a viable
method to reduce operational costs and improve work efficiency for
industries that employ the manual workforce for repetitive tasks, such
as loading/unloading goods, packaging, and palletizing.

As per Technavio, the growing popularity of collaborative robots in
material handling will have a positive impact on the market and
contribute to its growth significantly over the forecast period. This global
robotic palletizer market 2019-2023 research report also
analyzes other important trends and market drivers that will affect
market growth over 2019-2023.

Global robotic palletizer market: Growing
popularity of collaborative robots in material handling

A collaborative robot or cobot that is designed to work collaboratively
with human labor in a shared workforce, is growing in popularity
worldwide. Cobots help human workers in exerting tasks, such as lifting
heavy equipment, bolting, and pick and place, which helps in reducing
strain on the workforce and improving productivity and efficiency.
Cobots can be deployed in a variety of industrial environments using the
same robot base and can be easily programmed for performing different
tasks. Cobot technology is witnessing increased adoption in tasks such
as packaging (including palletizing), food preparation, warehouse,
healthcare, and automation.

“The popularity of robotic palletizers is growing in industries such
as pharmaceuticals, retail, e-commerce, food and beverage, and
electronics owing to the advances in robotic control and servo motor
technologies. The articulated arm of robotic palletizers allows its use
in a variety of palletizing applications, where product shapes and sizes
high precision pick-up and drop operations are required. Such advantages
will propel the demand for robotic palletizers during the forecast
period,” says a senior analyst at Technavio.

Global robotic palletizer market: Segmentation
analysis

This market research report segments the global robotic palletizer
market by end-users (food and beverage industry, pharmaceuticals,
electronics, and semiconductor industry, and others) and geographic
regions (APAC, Europe, MEA, North America, and South America).

The food and beverage segment held the largest robotic palletizer market
share in 2018. As the daily output of packaged food products, beverages,
and other consumables is very high, handling and packaging containers is
a difficult task for human labor. Thus, vendors in the food and beverage
industry are gradually automating their material handling processes,
which is propelling the demand for robotic palletizers in the industry.

The APAC region led the market in 2018 with a market share of close to
55%, followed by Europe, North America, MEA, and South America
respectively. The demand for robotic palletizers in the region is driven
by the adoption of advanced technologies, such as robotics and
automation, in the manufacturing and commercial sectors.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

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