Material Handling Robotics Market segment, Size, Demand, and Future Outlook: Global Industry Trends and Forecast to 20

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Data Bridge Market Research analyses that the global material handling robotics market, which was USD 89,270 million in 2022, would rocket up to USD 225,600 million by 2030 and is expected to undergo a CAGR of 12.29% during the forecast period.

Material Handling Robotics Market Research report 2030 is a well-generated market report which helps achieve comprehensive analysis of the market structure along with estimations of the various segments and sub-segments of the market. This report deals with plentiful aspects of the ABC industry. The CAGR values covered here estimates the fluctuation about the rise or fall of demand for the specific forecasted period with respect to investment. A comprehensive market study and analysis of trends in consumer and supply chain dynamics underlined in this report assists businesses in drawing the strategies about sales, marketing, advertising, and promotion.

Data Bridge Market Research analyses that the global material handling robotics market, which was USD 89,270 million in 2022, would rocket up to USD 225,600 million by 2030 and is expected to undergo a CAGR of 12.29% during the forecast period.

Some of the major players operating in the Material Handling Robotics Market are:

ABB (Switzerland), KUKA AG (Germany), FANUC Corporation (Japan), Yaskawa Electric Corporation (Japan), Kawasaki Heavy Industries Ltd. (Japan), Mitsubishi Electric Corporation (Japan), Universal Robots (Denmark), Denso Corporation (Japan), Epson Robots (Japan), Stäubli International AG (Switzerland), Omron Corporation (Japan), Nachi-Fujikoshi Corporation (Japan), Comau S.p.A. (Italy), Adept Technology, Inc. (U.S.), and Bastian Solutions (U.S.) among others.

Market Segments: -

The global material handling robotics market is segmented on the basis of type, function, application, and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Transportation Handling Robots
  • Positioning
  • Unit Load Formation Robots
  • Articulated Robots
  • Cartesian Robots
  • SCARA Robot
  • Storage
  • Identification
  • Control Robots

Function

  • Assembly
  • Packaging
  • Transportation
  • Distribution
  • Storage
  • Waste Handling

Application

  • Pick and Place
  • Palletizing/De-Palletizing
  • Packing and packaging
  • Product/Part Transfer
  • Machine Tending

End User

  • Automotive
  • Chemical
  • Electrical and Electronics
  • Industrial Machinery
  • Food and Beverage
  • Others

Opportunities: -

·         The increasing challenges in finding and retaining skilled labor and increasing labor costs in many areas have made businesses seek alternative solutions. Material-handling robots provide a reliable and cost-effective option to address labor shortages, reduce operational costs, and improve overall productivity.

Regional incites: -

·         In 2023, the Asia-Pacific is expected to dominate the global material handling robotics market because the Asia-Pacific region is home to some of the world's fastest-growing economies, such as China and India. This economic growth is driving demand for material handling robotics in various industries, including manufacturing, logistics, and retail.

·         In 2023, Europe is the fastest growing region in the global material handling robotics market because Europe has a strong manufacturing sector, which is a major driver of demand for material handling robots. The automotive industry is particularly important, accounting for a significant share of the European material-handling robotics market.

 

Get the Full report link @ https://www.databridgemarketresearch.com/reports/global-material-handling-robotics-market   

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Material Handling Robotics Market Landscape

Part 04: Material Handling Robotics Market Sizing

Part 05: Material Handling Robotics Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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