Food Robotics Market
Food Robotics Market - Global Industry Assessment & Forecast
Segments Covered
- By Type Articulated, Cartesian, Scara, Parallel, Cylindrical, Collaborative, Others
- By Payload High, Medium, Low
- By Function Palletizing, Packaging, Repackaging, Picking, Processing, Others
- By Application Meat poultry and seafood, Processed food, Dairy products, Fruits & vegetables, Beverage, Bakery & confectionery products, Others
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 2072.25 Million |
Revenue 2030: | USD 5316.95 Million |
Revenue CAGR (2023 - 2030): | 12.50% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Food Robotics Market by Type by Payload by Function by Application by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The next stage involves the primary research conducted to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills the following data requirements:
- First-hand information global market size, regional and segmental trends, competitive landscape
- Validate and authorization of secondary research outcomes and findings
- Further data collection and expertise development & market understandings
Data Triangulation and Market Size Estimations
After the determination of the overall market size through secondary and primary research, the market is divided into various segments and sub-segments. Moreover, top-down and bottom-up approaches were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market. The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Food Robotics market.
FAQ
Frequently Asked Question
What is the global demand for Food Robotics in terms of revenue?
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The global Food Robotics valued at USD 2072.25 Million in 2022 and is expected to reach USD 5316.95 Million in 2030 growing at a CAGR of 12.50%.
Which are the prominent players in the market?
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The prominent players in the market are ABB Group (Switzerland), KUKA AG (Germany), Fanuc Corporation (Japan), Kawasaki Heavy Industries Ltd. (Japan), Rockwell Automation Inc. (U.S.), Mitsubishi Electric Corporation (Japan), Yasakawa Electric Corporation (Japan), Denso Corporation (Japan), Nachi-Fujikoshi Corporation (Japan), OMRON Corporation (Japan), Universal Robots A/S (Denmark), Staubli International AG (Switzerland), Bastian Solutions LLC (U.S.), Schunk GmbH (Germany), Asic Robotics AG (Switzerland), Mayekawa Mfg. Co. Ltd. (Japan), Apex Automation & Robotics (Australia), Aurotek Corporation (Taiwan), Ellison Technologies Inc. (U.S.), Fuji Robotics (Japan), Moley Robotics (U.K.).
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 12.50% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Food Robotics include
- Increasing integration of robotics in food manufacturing to optimize errors in production would save time and space
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Food Robotics in 2022.