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The Global Material Handling Robots Market is projected to grow from USD 16.77 billion in 2023 to USD 35.67 billion by 2029, exhibiting a CAGR of 11.3% during the forecast period.
Global ' material handling robots ' market report is a well-conceived and accurately delivered market research report depicting crucial elements across the current and historic market states that play a crucial role in influencing unfaltering forecasts and predictions in the Material Handling Robots market.
The report is so designed to address the crucial facets of the market such as market dimensions and size, market trends, investment strategies and driver-specific analytical review that lend real-time access to all aspects of the market in real-time parameters, thus encouraging market players operational across global and regional domains to inculcate lucrative business decisions to channelize optimum revenue generation despite cut-throat competition in global Material Handling Robots market.
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Material handling robots market can automate some of the most tedious, dull, and unsafe tasks in a production line and is one of the easiest ways to add automation. Material handling robots market enhance the efficiency of your production line and increase customer satisfaction by providing quality products in a timely manner.
Material Handling Robots Market research report 2023-2029 offers in-depth information on product scope, business strategies, upcoming technologies, future opportunities and Competitive landscape are: FANUC (Japan), KUKA (Germany), ABB (Switzerland), Yaskawa (Motoman)(Japan), Nachi (Japan), Kawasaki Robotics(Japan), Comau (Italy), EPSON Robots (Japan), Staubli (Switzerland), Omron Adept Technologies (US), DENSO Robotics (Japan), OTC Daihen (Japan), Toshiba (Japan), Mitsubishi Electric (Japan), Universal Robots (Denmark), Hyundai Robotics (Korea), Siasun (China), Anhui EFORT Intelligent Equipment (China), Estun Automation (China), Guangzhou CNC Equipment (China), STEP Electric Corporation (China) .
KEY INDUSTRY DEVELOPMENTS:
February 2020: – FANUC and BMW AG signed a framework agreement wherein FANUC will supply 3,500 robots for new production lines and plants. These robots will be deployed in developing the existing and future generations of BMW models.
March 2020: – FANUC introduced the newest collaborative robot, the CRX 10-iA. The new robot can perform highly functional tasks under a flip motion to perform repetitive tasks.
Material Handling Robots Market Fragmented by Product Types:
Articulated Material Handling Robots
SCARA Material Handling Robot
Parallel Material Handling Robot
Articulated robot has the largest industrial robots market share due to its ability to conduct exact motions repeatedly, which is used in applications such as material handling, assembly, and others. The employment of articulated robots in food and beverage, pharmaceuticals, and autos is propelling the market's growth.
Due to its construction built to accomplish duties in a hostile environment, SCARA and cylindrical robots are predicted to expand significantly throughout the projection period. Furthermore, they conduct a variety of selective and repetitive tasks, such as pick and place, sorting, prescription medicine dispensing, and tiny part assembly, all with a short cycle time. Robots of this type are frequently used in the food and beverage, automotive, and industrial industries.
Cartesian/linear and parallel robots are expected to see significant expansion in the future years as warehouses, distribution centers, and manufacturing facilities become more automated.
Material Handling Robots Market Applications Covered in the Report are:
Automotive
Chemical, Rubber and Plastic
Electrical and Electronics
Metal and Machinery
Food, Beverages and Pharmaceuticals
Others
This report aims to provide:
– A qualitative and quantitative analysis of the current trends, dynamics, and estimations from 2023 to 2029.
– The analysis tools such as SWOT analysis and Porter's five force analysis are utilized, which explain the potency of the buyers and suppliers to make profit-oriented decisions and strengthen their business.
– The in-depth market segmentation analysis helps identify the prevailing market opportunities.
Regional Analysis:
The Middle East and Africa (GCC Countries and Egypt) North America (the United States, Mexico, and Canada) South America (Brazil etc.) Europe (Turkey, Germany, Russia UK, Italy, France, etc.) Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Browse Full Report for TOC and Description:
Crucial Elements from the Table of Contents of Global Material Handling Robots Market :
Section 1: Material Handling Robots Market Overview
Section 2: Global Material Handling Robots Market Competition, Profiles/Analysis, Strategies
Section 3: Global Material Handling Robots Capacity, Production, Revenue (Value) by Region (2016-2021)
Section 4: Global Material Handling Robots Supply (Production), Consumption, Export, Import by Region (2016-2021)
Section 5: Global Material Handling Robots Market Regional Highlights
Section 6: Industrial Chain, Sourcing Strategy, and Downstream Buyers
Section 7: Marketing Strategy Analysis, Distributors/Traders
Section 8: Market Effect Factors Analysis
Section 9: Market Decisions for the present scenario
Section 10: Global Material Handling Robots Market Forecast (2023-2029)
Section 11: Case Studies
Section 12: Research Findings and Conclusion
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-To understand the future outlook and prospects for the market.
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