Nov 12, 2021   SOURCE: BusinessWire

Global Palletizing Machinery Market (2020 to 2027) - Robotics Witnessing Rapid Growth in Palletizing - ResearchAndMarkets.com

The "Palletizing Machinery - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Palletizing Machinery estimated at US$2.4 Billion in the year 2020, is projected to reach a revised size of US$2.8 Billion by 2027, growing at a CAGR of 2.2% over the analysis period 2020-2027.

Case, one of the segments analyzed in the report, is projected to record a 2.2% CAGR and reach US$1.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Bulk segment is readjusted to a revised 2.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $655.7 Million, While China is Forecast to Grow at 4.3% CAGR

The Palletizing Machinery market in the U.S. is estimated at US$655.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$555.4 Million by the year 2027 trailing a CAGR of 4.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.4% and 1.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1% CAGR.

Other Product Segments Segment to Record 1.8% CAGR

In the global Other Product Segments segment, USA, Canada, Japan, China and Europe will drive the 1.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$290 Million in the year 2020 will reach a projected size of US$320.9 Million by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$383 Million by the year 2027, while Latin America will expand at a 2.5% CAGR through the analysis period.

Select Competitors (Total 187 Featured):

  • ABB Ltd.
  • A-B-C Packaging Machine Corp.
  • American-Newlong, Inc.
  • Arrowhead Systems Inc.
  • Barry-Wehmiller Companies, Inc.
  • BEUMER Group GmbH & Co. KG
  • Conveying Industries, Inc.
  • Emmeti SpA
  • FANUC Corp.
  • Gebo Cermex
  • Honeywell Intelligrated
  • Kawasaki Heavy Industries, Ltd.
  • KION Group AG
  • Krones AG
  • KUKA AG
  • Maschinenfabrik Mollers GmbH
  • Ouelette Machinery Systems, Inc.
  • PaR Systems, LLC
  • Premier Tech Chronos
  • ProMach, Inc.
  • Schneider Packaging Equipment Co., Inc.
  • Sidel
  • Skilled Group
  • TopTier, Inc.
  • Uhlmann Pac-Systeme GmbH & Co. KG.
  • Westfalia Technologies, Inc.
  • YASKAWA Electric Corp.
  • Yaskawa Motoman

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Palletizing Machinery: A Prelude
  • Recent Market Activity
  • Key Benefits Offered Drive Wider Adoption of Palletizing Machinery
  • Minimal Need for Human Workforce
  • High Precision & High Efficiency
  • Fatigueless Functioning
  • Faster Turnaround Times
  • Support for Any Type of Environment
  • Cost Benefits
  • High Thrust on Industrial Automation Creates Fertile Environment for Market Growth
  • Uptrend in Packaging Machinery Sector Keeps Market Sentiment High
  • Recovery in Global GDP and Outlook for Food & Beverage and Petrochemical Sectors Promise Stronger Growth for Palletizing Machinery
  • Market Outlook
  • Demand for Robotic and Hybrid Palletizers on the Rise
  • Better Performance, Flexibility, and Operational Efficiency
  • Reduction in Production Cost
  • Developed Nations: Key Revenue Contributors
  • Developing Nations: Hot Spots for Future Market Growth

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Technology Progression: Hallmark of Palletizing Machinery Market
  • Sophisticated HMI Controls Augment Appeal & Image of Palletizers
  • End-User Needs Spur Design Improvements
  • Case Palletizers: The Largest Product Segment
  • Bulk Palletizers Aim to Expand Market Share
  • Box Palletizers for Myriad Needs of End-of-Line Palletizing
  • Robotics Witnessing Rapid Growth in Palletizing
  • Use of SCARA Robotic Palletizers
  • Addressing Unique Customer Demands in the Food & Beverage Industry
  • Affordable Palletizers Available for Performing Redundant Works
  • Barriers to Adoption of Robotic Technology in Food Sector
  • Mixed-Load Palletizing: An Ongoing Trend
  • Increased Emphasis on Value-Added Packaging Augments Market Prospects
  • Replacement Demand Unfolds New Opportunities
  • Food & Beverage Industry: The Most Important End-use Sector for Palletizing Machinery
  • Soaring Importance of Robotics in the Food & Beverage Sector
  • Palletizing Machines Assume Critical Importance in Petrochemicals Facilities
  • Market Gears Up for Industry 4.0
  • A Brief Glimpse of First, Second, Third, & Fourth Industrial Revolutions
  • Technological Innovations
  • Advanced Bag Palletizing Technology helps Improve Production, Cost Effectiveness and Competitiveness
  • Innovations in Packaging Automation Machinery
  • AKD2G Servo Drive Offers Improved Compatibility and Convenience
  • New Packer with IO-Link and Controls
  • Robotic Palletizer with Capability to Handle Diverse Configurations
  • New Conveyor Incorporates Features for Superior Cleanliness
  • Software Enables Simple Operation Programming through PLC
  • New Unison Automated Guide-Rail System Rationalizes Line Efficiency and Lowers Changeover Time
  • Linear Transport Technology with Flexible Design
  • New Modular Belt Drives Facilitates Different Conveyor Settings

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/m5anxs