Dec 5 2017
The global Food Robotics market was evaluated around USD 0.87 billion in the 2014 and is expected to reach approximately USD 2.55 billion by the end of 2023 while registering itself at a compound annual growth rate (CAGR) of 12.70% over the forecast period.
The food robotics market is driven by the expanding nourishment security controls, rising interest for cutting edge nourishment bundling, developing interest to enhance efficiency, expanding generation of ease robots, increment in ventures for robotized arrangements in the nourishment business, and rising interest for diminishing creation cost prompting expanding reception of automated frameworks. In any case, absence of talented workforce in developing economies confines the development of the market. Besides, the high cost of establishment and administration charges of mechanical frameworks additionally challenges the development of this market.
On the basis of Types of Robots, the global market is split into; Articulated, Parallel, SCARA, Cylindrical and Other Types of Robots.The SCARA, parallel, and round and cylindrical fragments are required to witness huge development over the gauge period. The verbalized portion represented the most elevated piece of the overall industry in 2016, inferable from the broad utilization of explained frameworks for palletizing and material taking care of.
On the basis of Payload, the global market is split into; Low, Medium and Heavy. The low and the medium payload capacity sections are required to develop at speedier rates over the estimated period. Bundling, repackaging, picking, and putting applications are tended to by the low and medium payload limit frameworks. The pattern of utilizing these robotized frameworks is relied upon to help the development of the food robotics market.
On the basis of Application, the global market is split into; Packaging, Repackaging, Palletizing, Picking, Processing and Other Applications. The Packaging fragment is relied upon to develop at a speedier CAGR contrasted with alternate applications. The interest for the packaged food is the key driving component for the section development. The utilization of robotic systems for packaging empowers an expansion underway limit, diminishment in wastage, and consistency in packaging.
Geographically, the global synthetic diamonds market is segmented into regions which are; Europe (Germany, Spain, Italy, France, UK and Rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea and Rest of Asia Pacific), North America (the United States, Mexico and Canada) and Rest of the World (Brazil, Saudi Arabia, South Africa, United Arab Emirates and Others). Asia-Pacific is expected to lead the food robotics market over the forecast period followed by North America and Europe.
The key market players in the food robotics market are ABB Group, Kawasaki Heavy Industries Ltd., Fanuc Corporation, Yaskawa Electric Corporation, Mitsubishi Electric Industries, Rockwell Automation Incorporated, and others.
Source: https://www.crystalmarketresearch.com/