NEW YORK , Nov. 13, 2024 /PRNewswire/ -- Report with the AI impact on market trends - The global robotic palletizer market size is estimated to grow by USD 1.57 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of 5.72% during the forecast period. Automation of material handling operations to reduce labor requirement is driving market growth, with a trend towards rise in adoption of industrial internet of things (IIOT) technology in robotics.
However, high cost of deploying and maintaining automation systems poses a challenge.Key market players include ABB Ltd., ABC Packaging Machine Corp, Armstrong, Concetti S.
p.a, DENSO Corp., Duravant LLC, FANUC Corp.
, Fuji Yusoki Kogyo Co. Ltd, Illinois Tool Works Inc., Kawasaki Heavy Industries Ltd.
, Krones AG, KUKA AG , MMCI Automation, Okura Yusoki Co. Ltd., Premier Tech Digital Ltd.
, Schneider Packaging Equipment Co Inc, Serpa Packaging Solutions LLC, Staubli International AG, Universal Robots AS, and Yaskawa Electric Corp.. AI-Powered Market Evolution Insights.
Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Forecast period 2024-2028 Base Year 2023 Historic Data 2018 - 2022 Segment Covered End-user (Food and beverage industry, Ecommerce and logistics industry, Healthcare industry, Retail industry, and Others), Type (Articulated robots and Collaborative robots), and Geography (APAC, Europe, North America, Sou.