Title: Food Robotics Market Trends, Analysis & Forecasts | Industry Statistics, Size and Share
1MarketsandMarkets Presents
Food Robotics Market - Forecast to
2026 https//www.marketsandmarkets.com/Market-Repo
rts/food-robotics-market-205881873.html
2The report "Food Robotics Market by Type
(Articulated, Cartesian, SCARA, Parallel,
Collaborative, Cylindrical), Payload (Heavy,
Medium, Low), Function (Palletizing, Packaging,
Repackaging, Picking, Processing), Application
and Region - Trends Forecast to 2026" According
to MarketsandMarkets, the global food robotics
market size is estimated to be valued at USD 1.9
billion in 2020 and projected to reach USD 4.0
billion by 2026, recording a CAGR of 13.1
forecast period. The demand for food robotics is
increasing significantly owing to surging demand
for food with increasing population and
increasing demand for enhanced productivity in
food processing. Additionally, increasing
automation in the food industry is projected to
provide growth opportunities for the food
robotics market. Browse 214 market data Tables
and 65 Figures spread through 256 Pages and
in-depth TOC on "Food Robotics Market - Trends
Forecast to 2026 This report includes a study
on the marketing and development strategies,
along with the product portfolios of leading
companies. It consists of profiles of leading
companies, including ABB Group (Switzerland),
KUKA AG (Germany), Fanuc Corporation (Japan),
Kawasaki Heavy Industries Ltd. (Japan), Rockwell
Automation Inc. (U.S.), Mitsubishi Electric
Corporation (Japan), Yasakawa Electric
Corporation (Japan), Denso Corporation (Japan),
Nachi-Fujikoshi Corporation (Japan), OMRON
Corporation (Japan), Universal Robots A/S
(Denmark), Staubli International AG
(Switzerland), Bastian Solutions LLC (U.S.),
Schunk GmbH (Germany), Asic Robotics AG
(Switzerland), Mayekawa Mfg. Co. Ltd. (Japan),
Apex Automation Robotics (Australia), Aurotek
Corporation (Taiwan), Ellison Technologies Inc.
(U.S.), Fuji Robotics (Japan), and Moley Robotics
(U.K.). Download PDF Brochure
https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id205881873
3- Report Objectives
- Determining and projecting the size of the food
robotics market, with respect to type, payload,
function, application and regional markets, over
a period, ranging from 2020 to 2026. - Identifying the attractive opportunities in the
market by determining the largest and
fastest-growing segments across regions. - Providing detailed information about the impact
of COVID-19 on food robotics supply chain and its
impact on various stakeholders such as suppliers,
manufacturers, RD laboratories and retailers
across the supply chain. - Providing detailed information about the key
factors influencing the growth of the market
(drivers, restraints, opportunities, and
industry-specific challenges) - Analyzing the micromarkets, with respect to
individual growth trends, prospects, and their
contribution to the total market - Identifying and profiling the key players in the
food robotics market and impact of COVID-19 on
the key vendors. - Understanding the competitive landscape and
identifying the major growth strategies adopted
by players across the key regions. - Analyzing the value chain and products offered
across key regions and their impact on the growth
of the prominent market players - Providing insights on key product innovations and
investments in the food robotics market. - Request for sample Pages https//www.marketsandma
rkets.com/requestsampleNew.asp?id205881873
4Restraints Scarcity of skilled workforce in
emerging economies The adoption and
implementation of food robotics requires skilled
workforce. There is a scarcity of people
specializing in disciplines such as electrical,
embedded, software, and mechanical, which are
required for the installation and maintenance of
robots. Also, there is a deficit of highly
qualified employees with specific skills needed
to develop high value-added robots integrated
with advanced technologies. In countries where
the food beverage industry has high potential
for growth, such as China, India, and Brazil,
there is a skill shortage in this domain. This is
because knowledge of four to five engineering
disciplines is required to become an expert in
this field, and there is a scarcity of qualified
faculty to teach the subjects. Moreover, there
are limited branches of engineering that focus on
robotics. This is a direct restraining factor for
the food robotics market as the development of
adequate skilled manpower is likely to be
achieved only in the long run. Opportunities
Increasing functionality of robots Traditionally,
the functionality and use of robots was limited
to heavy payload in transportation equipment
manufacturing. However, with the increasing
functionality of robots more industries, such as
the food processing industry are adopting
automation with mainly low payload robots.
Sections such as dairy and bakery in the food
beverage industry are minimizing human contact in
the production process in order to comply with
health authority standards. There is an
opportunity for the food robotics market to grow
with the increase in functionality of robots to
include packaging, repackaging, and
palletizing. Make an Inquiry https//www.markets
andmarkets.com/Enquiry_Before_BuyingNew.asp?id205
881873
5- The European region dominates the food robotics
market with the largest share in 2020. - The European food robotics market is driven by
high investment in research development with
regard to technology, along with the rise in
demand for packed, ready-to-cook, and
high-quality food products. The European Robotics
Association started monitoring in European Union
activities, policies, and funding in the new
robot technology to strengthen the international
market for food beverage manufacturing, which
is likely to impact the adoption of food robotics
positively. - Recent Developments
- November 2019, Mitsubishi (Japan) has extended
its MELFA articulated arms and its SCARA robot
products to a series of triangular robots, which
will help the company to expand its line of
robotic solutions. - April 2018, 6d Bytes (US) launched a fully
autonomous robotic station, Blended for preparing
healthy and delicious blends. This helped the
company expand its product portfolio for food
robotic solutions. - March 2017, Kawasaki Heavy Industries, Ltd.
(Japan) and Softbank Group (Japan) collaborated
to combine Kawasakis duAro and Softbanks
humanoid robot called Pepper to perform a
broader range of tasks. - Speak to Analyst https//www.marketsandmarkets.co
m/speaktoanalystNew.asp?id205881873
6Contact Us
ContactMr. Shelly SinghMarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 Email
sales_at_marketsandmarkets.comBlog _at_
https//www.marketsandmarketsblog.com/market-repor
ts/agriculture-industry Connect with us on
LinkedIn _at_ http//www.linkedin.com/company/markets
andmarkets
7About MarketsandMarkets
MarketsandMarkets provides quantified B2B
research on 30,000 high growth niche
opportunities/threats which will impact 70 to
80 of worldwide companies revenues. Currently
servicing 7500 customers worldwide including 80
of global Fortune 1000 companies as clients.
Almost 75,000 top officers across eight
industries worldwide approach MarketsandMarkets
for their painpoints around revenues
decisions. Our 850 fulltime analyst and SMEs at
MarketsandMarkets are tracking global high
growth markets following the "Growth Engagement
Model GEM". The GEM aims at proactive
collaboration with the clients to identify new
opportunities, identify most important customers,
write "Attack, avoid and defend" strategies,
identify sources of incremental revenues for both
the company and its competitors.
MarketsandMarkets now coming up with 1,500
MicroQuadrants (Positioning top players across
leaders, emerging companies, innovators,
strategic players) annually in high growth
emerging segments. MarketsandMarkets is
determined to benefit more than 10,000 companies
this year for their revenue planning and help
them take their innovations/disruptions early to
the market by providing them research ahead of
the curve. MarketsandMarketss flagship
competitive intelligence and market research
platform, "Knowledgestore" connects over 200,000
markets and entire value chains for deeper
understanding of the unmet insights along with
market sizing and forecasts of niche markets.