The industrial robots for food & beverage industry market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. Robotics will definitely play an important role in the evolution of the next-generation technologies, hence the use of robots in food and beverages industries will emanate the market growth in the forecast period and beyond. Growing automation is further driving the growth of global industrial robots in the food & beverage industries. There is also a high use of robotics technology in food and beverages industries in comparison to other industries like automotive and electronics. Thus, giving rise to the increase in the sale of industrial robots in the coming years.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the industrial robots for food & beverage industry value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the industrial robots for food & beverage industry market.
Major industry players profiled as part of the report are ABB, FANUC, KUKA AG, YASKAWA ELECTRIC CORPORATION and Kawasaki Heavy Industries, Ltd. among others.
The industrial robots for food & beverage industry market has been analyzed through following segments:
By Product Type
Packaging and Repacking
Picking and Placing
Production and Processing
Middle East and Africa
Key insights offered
What will be the industrial robots for food & beverage industry market size from 2017 to 2023?
How are the major drivers and restraints affecting the industrial robots for food & beverage industry market growth and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants’ behaviour
Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.