Global Food Robotics Market Analysis by High-Speed Productivity, Companies and Trend Forecast: 2028


Posted July 28, 2020 by vidhyanigam98

The global market for food robotics spans across Europe
 
Bharat Book Bureau Provides the Treding Market Research Report on "Global Food Robotics Market 2019-2028" under Heavy Industry Category. The report offers a collection of superior market researach, market analysis, competitive intelligence and Market reports.

MARKET OUTLOOK

According to Report, The Global Food Robotics Market is expected to display a positive market trend over the forecast period of 2019-2028, exhibiting a CAGR of 15.20%.
This market is primarily being driven by the increasing demand for packaged food and the stringent rules & regulations on food safety. The growing demand for packaged & processed foods has made many companies expand their production; and thus, the installation of packaging & processing technology has also witnessed significant growth, thereby creating demand for food robotics. Furthermore, a surge in the degree of automation and the growth in demand for high-speed productivity are creating lucrative opportunities for market growth.

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However, the lack of skilled personnel is a major restraining factor impeding the market growth. Besides, high initial investment and the threat of job loss are major hurdles in the way of this growth. Many laborers and factory workers are concerned about robots usurping their jobs. Industrial robots are increasingly being deployed by manufacturers as they are productive, highly efficient, and a one-time investment, offering benefits such as no additional absenteeism or compensational expenditure.

REGIONAL OUTLOOK

The global market for food robotics spans across Europe, the Asia-Pacific, the Middle East and Africa, Latin America, and North America.
The Asia-Pacific market is projected to grow the fastest in the global market for food robotics during the forecasting period. This is because, the consumer demand for ready-to-eat products has gone up rapidly in the last decade. The imports of robots in the food sectors of APAC countries has increased substantially in the last few years. The primary factors driving the market in this region include urbanization and the growth in consumers’ disposable income, as these have contributed to the rise in packaged food consumption in this region.

COMPETITIVE OUTLOOK

The major competitors in this market include Kuka AG, Mayekawa Mfg Co Ltd, Universal Robots, Seiko Epson Corporation, Precise Automation Inc, Rockwell Automation Inc, Bastian Solutions Inc, and Robert Bosch GmbH.
Rockwell Automation Inc is a multinational corporation invested in the field of industrial automation and information solutions. It was founded as Allen-Bradley Company in 1903, and in 1985, was acquired by Rockwell International Corporation. Some of its well-known solutions in the field of industrial robotics are iTRAK® Intelligent Track System and RAPID Line Integration™. The RAPID Line Integration™ is a configurable line control solution.

TABLE OF CONTENTS
1. GLOBAL FOOD ROBOTICS MARKET - SUMMARY
2. INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. KEY INSIGHTS
2.2.1. ASIA-PACIFIC IS FASTEST-GROWING MARKET
2.2.2. HIGH PAYLOAD ROBOTS ARE FASTEST-GROWING AMONGST PAYLOAD
2.2.3. PROCESSING ROBOTS ARE FASTEST-GROWING AMONGST APPLICATION
2.3. PARENT MARKET ANALYSIS: FOOD & BEVERAGE INDUSTRY
2.4. PORTER’S FIVE FORCE ANALYSIS
2.4.1. THREAT OF NEW ENTRANTS
2.4.2. THREAT OF SUBSTITUTE
2.4.3. BARGAINING POWER OF SUPPLIERS
2.4.4. BARGAINING POWER OF BUYERS
2.4.5. THREAT OF COMPETITIVE RIVALRY
2.5. MARKET ATTRACTIVENESS INDEX
2.6. VENDOR SCORECARD
2.7. VALUE CHAIN ANALYSIS
2.8. MARKET DRIVERS
2.8.1. INCREASING DEMAND FOR PACKAGED FOOD
2.8.2. STRINGENT RULES AND REGULATIONS ON FOOD SAFETY
2.9. MARKET RESTRAINTS
2.9.1. LACK OF SKILLED PERSONNEL
2.10. MARKET OPPORTUNITIES

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Last Updated July 28, 2020