SAN FRANCISCO, Oct. 22, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Robotic Flexible Part Feeding Systems - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 9; Released: April 2021
Executive Pool: 404
Companies: 13 - Players covered include ABB Group; ARS Srl; Asyril SA; Calvary Robotics; Epson America Inc.; ESS Technologies, Inc.; FANUC Corporation; FlexFactory AG; Flexomation, LLC; Graco, Inc.; Omron Adept Technologies, Inc.; R.R.Floody Company, Inc.; RNA Automation Ltd.; Yaskawa Motoman and Others.
Coverage: All major geographies and key segments
Segments: Component (Robots, Feeding Devices, Vision Systems); End-Use (Consumer Electronics And Appliance Sector, Semiconductor Sector, Medical Sector, Automotive Sector, F&B Sector, Other End-Uses)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Robotic Flexible Part Feeding Systems Market to Reach $601.4 Million by 2026
Amid the COVID-19 crisis, the global market for Robotic Flexible Part Feeding Systems estimated at US$383.5 Million in the year 2020, is projected to reach a revised size of US$601.4 Million by 2026, growing at a CAGR of 7.6% over the analysis period. Robots, one of the segments analyzed in the report, is projected to record a 7.8% CAGR and reach US$309.3 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Feeding Devices segment is readjusted to a revised 8.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $124.7 Million in 2021, While China is Forecast to Reach $105.3 Million by 2026
The Robotic Flexible Part Feeding Systems market in the U.S. is estimated at US$124.7 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$105.3 Million by the year 2026 trailing a CAGR of 7.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.1% and 6.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.2% CAGR.
Vision Systems Segment to Reach US$133.2 Million by the year 2026
In the global Vision Systems segment, USA, Canada, Japan, China and Europe will drive the 6.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$72.7 Million in the year 2020 will reach a projected size of US$113.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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