Press Release / Technology / Material Handling Robotics Market, Market Trends, Size, Share and Growth by Forecast to 2023

Material Handling Robotics Market, Market Trends, Size, Share and Growth by Forecast to 2023

Market Highlights :
Global material handling robotics market is projected to witness a rapid growth during the forecast period. The growing demand for material handling robots in various applications such as packaging, pick and place, and palletizing/de-palletizing is aiding the market growth. The ease of work management and the significant cost reduction offered by these robots is expected to boost the growth of the material handling robotics market.
The global material handling robotics market, by geography, is segmented into North America, Europe, Asia Pacific, and Rest of the World. As compared to other regions, the material handling robotics market in the Asia Pacific is expected to witness a significant growth and hold the largest market share during the forecast period. China, India, and South Korea are anticipated to drive the growth of the material handling robotics market owing to the presence of a large number of established key players such as DAIHEN Corporation (Japan), Denso Wave (Japan), Epson Robotics (Japan), in this region.
Due to the high adoption of material handling robotics in the automotive sector and factors such as strongest growth potential and the presence of major manufacturing hub. Emerging economies from developing nation such as China and Southeast Asian countries are expected to be the main driving factor for the growth of the market., in the region, the market is likely to show an immense growth in the coming future.
In the global material handling robotics market, Asia Pacific is anticipated to witness a relatively faster adoption at the highest CAGR during the forecast period as compared to other regions owing to the growing adoption of low labor cost coupled with the reduced transportation cost also contributed to the regional growth of the market and emerging economies and technological advancement in the material handling robotics in the region.
The global material handling robotics market is projected to reach USD 31 billion at a CAGR of over 10% by the end of the forecast period 2017-2023.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Material Handling Robotics market Research Report-Forecast to 2023”.

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Major Key Players:
• ABB
• Adept Technology
• Apex Automation and Robotics
• DAIHEN Corporation
• Denso Wave
• Epson Robotics
• Fanuc
• KUKA
• Kawasaki Robotics
• Nachi Robotic Systems
Segmentation:
The global material handling robotics market is segmented by product, application, and end-user.
By the product segment, the market is segmented into articulated material handling robots, scare material handling robot, parallel material handling robot and others.
On basis of the application, the market is segmented into pick & place, palletizing/de-palletizing, packing & packaging, product/part transfer, machine tending and others.
On basis of the end-user, the market is broadly segmented into automotive, electrical and electronics, metal & machinery, chemical, food & beverage, and others.
Regional Analysis:
The global material handling robotics market is studied for Asia Pacific, North America, Europe, and Rest of the World. It has been observed that APAC region accounts for the largest share in the global material handling robots market both in terms of sales volume and annual revenue. Owing to factors such as strongest growth potential and presence of major manufacturing hub. Emerging economies from developing nation such as China and Southeast Asian countries are expected to be the main driving factors of the market growth. Other factors such as low labor costs coupled with the reduced costs associated with transportation also contributed to the regional growth of the market. Increasing demand for cutting-edge technologies such as big data analytics and internet of things (IoT) in logistics to manage the operational requirements is fuelling the material handling market growth.

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Intended Audience:
• Technology Investors
• Research/Consultancy firms
• Technology Solution Providers
• Original Equipment Manufacturers
• Automotive manufacturer

Table of Contents
1 Market Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
Continued…

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