The bin picking robot market research report's goal is to provide a thorough analysis of the market, with meaningful insights, statistics, historical data, industry-validated market information, and predictions based on a reasonable set of assumptions and methodology. The study also aids in the comprehension of the worldwide Bin Picking Robot market dynamics and structure by identifying and analyzing market segments, as well as forecasting worldwide market size. The Bin Picking Robot market report also examines important companies' competitive positioning in terms of product, pricing, financial situation, product portfolio, growth strategies, and geographical presence. The Bin Picking Robot market is expected to register an expansion at a CAGR of 62.2% during the forecast period 2023-2029.

Key Players

The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world. The prominent players in Bin Picking Robot market research report are: Universal Robots, Fanuc, Techman Robot, ABB, KUKA, Yaskawa (Motoman), Kawasaki, Nachi, DENSO Robotics, Staubli, and others.

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Market Segments

Market segmentation is the process of categorizing customers into groups that respond to marketing strategies in a similar way. This is the first and most important stage in developing a sales process that appeals to a wide variety of groups. The market research report is segmented as:

By Type:

Suitable for Small Part Sizes

Suitable for Medium Part Sizes

Suitable for Large Part Sizes

By Application:

Automotive

Electrical and Electronics

Metal and Machinery

Food, Beverages and Pharmaceuticals

Others

Who would be interested in purchasing this report?

Investors, analysts, government organizations, regulatory authorities, legislators, researchers, strategy managers, and academia seeking market information to establish future strategies

Regional analysis

North America – US, Canada, Mexico, Rest of North America

Europe – Germany, Russia, UK, France, Italy, Spain, The Netherlands, Rest of Europe

Asia Pacific – China, India, Japan, South Korea, Australia, Indonesia, Rest of Asia Pacific

Middle East and Africa – UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa

South America – Brazil, Argentina, Colombia, Rest of South America

North America dominated the global piece-picking robots' market and is expected to register a CAGR of 61.7% during the forecast period. The North American region has benefited from the piece-picking robots that integrate mobile robots and cobots in warehouses and e-commerce fulfillment centers. The majority of robots in the USA are imported from Europe and Japan (source: IFR, Sept 2020). Even though there are several significant robot system integrators. To understand the best applications from their viewpoints, the 3PL firms in the area are increasingly examining various customer profiles. Additionally, several trends are being noticed, like supporting hackathons, trend communities, and startup labs. For instance, DHL Supply Chain announced in 2018 a multi-year plan to invest $300 million in cutting-edge technologies for its operations in North America. At the same time, global logistics company DB Schenker in the US established a partnership with IAM Robotics intending to create a productive, effective, and completely flexible automated warehousing environment. Further, labor shortages and the need for quick turnaround, high expectations from DCs are expected. As warehouses have a high injury rate, as per the US Bureau of Labor Statistics (BLS), the rate of recordable illness and injury cases in the warehousing and storage sector was 5.1 out of every 100 workers in 2017. Vendors in the area are trying to improve piece-picking robots to automate the current order-pick environment without changing the setup or disrupting it. Robots can assist human workers by cutting down on travel and acting as a pick-assist tool.

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This report covers the following Bin Picking Robot Market insights and assessments which are helpful to all the participants involved in the Bin Picking Robot Market.

-Data on recently introduced regulations and their impact on key industries and Bin Picking Robot demand.

-Latest industry analysis of this market along with key analysis of market drivers, trends and influencing factors.

-Analysis of key trend in this market and changing consumer preferences of key industries.

-Bin Picking Robot demand and consumption change in various products.

-Key Trends Highlighting Funding by Leading Investors in Multiple Countries.

-New investment opportunities in different technologies and types of products or services.

-Comprehensive Data and Competitive Analysis of Bin Picking Robot Key Players.

Table of Contents

Global Bin Picking Robot Market Research Report 2023 – 2029

– Report Overview: It includes the Bin Picking Robot market study scope, players covered, key market segments, market analysis by application, market analysis by type, and other chapters that give an overview of the research study.

– In conclusion: This section of the report gives information about Bin Picking Robot market trends and shares, market size analysis by region and analysis of global market size. Under market size analysis by region, analysis of market shares and growth rate by region is provided.

– Profiles of International Players: Here, key players of the Bin Picking Robot market are studied on the basis of gross margin, price, revenue, corporate sales, and production. This section gives a business overview of the players and shares their important company details.

– Regional Study: All of the regions and countries analyzed in the Bin Picking Robot market report is studied on the basis of market size by application, the market size by product, key players, and market forecast.

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The Research study can answer the following Key questions:

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