Press release
Global Material Handling Robotics Market to Surge at 12.29% CAGR, Reaching $225.6 Billion by 2030
What is the projected market size & growth rate of the Material Handling Robotics Market?
Market Analysis and Size
The material handling robotics refers to the market for robotic systems and solutions designed to automate and optimize the process of moving, handling, and transporting materials within various industries. Material handling robots are utilized to enhance efficiency, productivity, and safety in tasks such as loading, unloading, sorting, packaging, palletizing, and transporting goods.
Increasing demand for automation, rising e-commerce industry, advancements in robotic technologies and increasing focus on workplace safety are the factors that will expand the material handling robotics market. Optimization of supply chain operations and opportunities in emerging markets will provide beneficial opportunities for the material handling robotics market in the forecast period of 2023-2030.
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. "Articulated Robots" dominates the type segment of the market due to articulated robots are versatile. They can be used in various material handling applications, such as picking and placing, assembly, and packaging. They are also relatively easy to program and operate, making them a good choice for various businesses.
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Browse Detailed TOC, Tables and Figures with Charts which is spread across 350 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.
This research report is the result of an extensive primary and secondary research effort into the Material Handling Robotics market. It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. It also provides a dashboard overview of the past and present performance of leading companies. A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the Material Handling Robotics Market.
Which are the driving factors of the Material Handling Robotics market?
Rising Adoption of Auto Sales, Employment Opportunities, Rental Properties, Pets, Other among Businesses Drives Material Handling Robotics Market Growth Based on end-user, the market is categorized into Featured ads, Normal ad held the largest Material Handling Robotics market share In 2024.
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Material Handling Robotics Market - Competitive and Segmentation Analysis:
Global Material Handling Robotics Market, By Type (Transportation Handling Robots, Positioning, Unit Load Formation Robots, Articulated Robots, Cartesian Robots, SCARA Robots, Storage, Identification, and Control Robots), Function (Assembly, Packaging, Transportation, Distribution, Storage, and Waste Handling), Application (Pick and Place, Palletizing/De-Palletizing, Packing and packaging, Product/Part Transfer, and Machine Tending), End User (Automotive, Chemical, Electrical and Electronics, Industrial Machinery, Food and Beverage, and Others) - Industry Trends and Forecast to 2031.
How do you determine the list of the key players included in the report? With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.
Which are the top companies operating in the Material Handling Robotics market?
Some of the major players operating in the global 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.)
Bastian Solutions (U.S.)
Short Description About Material Handling Robotics Market:
The Global Material Handling Robotics market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2022, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Material Handling Robotics. The market in North America is expected to grow considerably during the forecast period. The high adoption of advanced technology and the presence of large players in this region are likely to create ample growth opportunities for the market.
Europe also play important roles in global market, with a magnificent growth in CAGR During the Forecast period 2024-2031.
Material Handling Robotics Market size is projected to reach Multimillion USD by 2031, In comparison to 2024, at unexpected CAGR during 2024-2031.
Despite the presence of intense competition, due to the global recovery trend is clear, investors are still optimistic about this area, and it will still be more new investments entering the field in the future.
This report focuses on the Material Handling Robotics in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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What are your main data sources?
Both Primary and Secondary data sources are being used while compiling the report. Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users. Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2018-2031) of the following regions are covered in Chapters
What are the key regions in the global Material Handling Robotics market?
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
This Material Handling Robotics Market Research/Analysis Report Contains Answers to your following Questions
What are the global trends in the Material Handling Robotics market? Would the market witness an increase or decline in the demand in the coming years?
What is the estimated demand for different types of products in Material Handling Robotics? What are the upcoming industry applications and trends for Material Handling Robotics market?
What Are Projections of Global Material Handling Robotics Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
Where will the strategic developments take the industry in the mid to long-term?
What are the factors contributing to the final price of Material Handling Robotics? What are the raw materials used for Material Handling Robotics manufacturing?
How big is the opportunity for the Material Handling Robotics market? How will the increasing adoption of Material Handling Robotics for mining impact the growth rate of the overall market?
How much is the global Material Handling Robotics market worth? What was the value of the market In 2020?
Who are the major players operating in the Material Handling Robotics market? Which companies are the front runners?
Which are the recent industry trends that can be implemented to generate additional revenue streams?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Material Handling Robotics Industry?
Customization of the Report
Can I modify the scope of the report and customize it to suit my requirements? Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.
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Detailed TOC of Global Material Handling Robotics Market Insights and Forecast to 2031
Introduction
Segmentation of the Market
Executive Summary
Key Insights
Regulatory Landscape for Material Handling Robotics
Overview of the Market
Material Handling Robotics by Type
Material Handling Robotics by Material
Material Handling Robotics by Application
Continued...
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Data Bridge Market Research:
Today's trends are a great way to predict future events!
Data Bridge Market Research is a market research and consulting company that stands out for its innovative and distinctive approach, as well as its unmatched resilience and integrated methods. We are dedicated to identifying the best market opportunities, and providing insightful information that will help your business thrive in the marketplace. Data Bridge offers tailored solutions to complex business challenges. This facilitates a smooth decision-making process. Data Bridge was founded in Pune in 2015. It is the product of deep wisdom and experience.
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