Home > Semiconductors & Electronics > Automation > Robotics > Packaging Robot Market

Packaging Robot Market Share

Report ID: GMI5831
Published Date: May 2023
Report Format: PDF

Download Free Sample

Packaging Robot Market Share

Major companies operating in the packaging robot market include

ABB Limited
Brenton Engineering
Fanuc Corporation
Krones AG
Kuka AG
Mitsubishi Electric Corporation
Schneider Packaging Equipment Company, Inc.
ESS Technologies, Inc
Yaskawa Electric Corporation
Comau
Denso Robots
Universal Robots
Epson Robots

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

Market size for packaging robot was valued at over USD 4 billion in 2022 and is anticipated to grow at a CAGR of over 10% between 2023 and 2032, on account of advantages such as convenience, lightweight, very little maintenance, and ability to operate at high speeds for 70,000 hours or more.

Packaging robot share from palletizing segment is expected to grow at over 10% through 2032, owing to continuous & efficient operation of these robots that can increase the speed & efficiency of palletizing processes, thereby reducing manual labor and saving costs.

Packaging robot industry in North America held the largest market share of over 30% in 2022, attributed to rising labor costs, increasing demand for faster & more efficient packaging processes, along with the need for automation in operations across industries.

ABB Limited, Brenton Engineering, Fanuc Corporation, Krones AG, Kuka AG, Mitsubishi Electric Corporation, Schneider Packaging Equipment Company, Inc., ESS Technologies, Inc, Yaskawa Electric Corporation, Comau, Denso Robots, Universal Robots, and Epson Robots.