Robotic palletizer market 2023-2027; A descriptive analysis of five forces model, market dynamics, and segmentation- Technavio

NEW YORK, Jan. 18, 2023 /PRNewswire/ -- According to Technavio, the global robotic palletizer market size is estimated to grow by USD 1783.61 million from 2022 to 2027. The market is estimated to grow at a CAGR of  6.71% during the forecast period. However, the growth momentum will be progressing. APAC is estimated to account for 57% of the growth of the global market during the forecast period. 

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Global robotic palletizer market - Five forces
The global cloud data warehouse market is fragmented, and the five forces analysis covers– 

• Bargaining power of buyers 
• The threat of new entrants
• Threat of rivalry
• Bargaining power of suppliers
• Threat of substitutes
• Interpretation of porter's five models helps to strategize the business, for entire details – buy the report!

Global robotic palletizer market – Customer Landscape 

The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global robotic palletizer market - Segmentation Assessment

Segment Overview
Technavio has segmented the market based on end-user (Food and beverage industry, eCommerce and logistics industry, Healthcare industry, Retail industry, and Others), and type (Articulated robots and Collaborative robots). 

• The market share growth by the food and beverage industry segment will be significant during the forecast period. Over the years, the end-users in the food and beverage industry have started adopting systems that ensure product safety and adhere to the changing needs of packaging. To meet these requirements, robotic palletizer vendors started deploying technologies such as Selective Compliance Assembly Robot Arm (SCARA), six- and seven-axis articulated robots, and delta-style robots, which help the vendors in the food and beverage industry accelerate the production process. These robotic palletizers, when integrated with feeding devices and advanced vision systems, can help end-users in achieving significant improvements in their RoI. 

Geography Overview
By geography, the global robotic palletizer market is segmented into APAC, Europe, North America, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global robotic palletizer market.

• APAC will account for 57% of the market's growth during the forecast period. APAC constituted the biggest share of the global robotic palletizer market in 2022 and is expected to post the fastest growth among all regions during the forecast period. The demand for robotic palletizers in the region is driven by the adoption of advanced technologies, such as robotics and automation, in the manufacturing and commercial sectors. Government initiatives that support manufacturing and automation in several countries, such as China, Japan, South Korea, and India, will also propel market growth

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Global robotic palletizer market – Market dynamics
Key factor driving market growth

• The automation of material handling operations to reduce labor requirements is one of the key drivers supporting the robotic palletizer market growth. 
• The demand from end-users to automate repetitive operations and reduce the use of manual labor is driving the adoption of robots in industries and commercial applications, including material handling applications such as palletizing.
• Robots, unlike human labor, do not tire out or get bored of repeating the same task, which makes them ideal for operations such as palletizing, packaging, and material handling. 
• However, the use of high-speed motion control systems allows robots to operate at a higher rate than human labor, resulting in shorter cycle periods and lower loading times. Such beneficiary attributes will drive market growth during the forecast period.

Leading trends influencing the market 

• The rise in adoption of the industrial internet of things (IIoT) is one of the key robotic palletizer market trends that is contributing to the robotic palletizer market growth. 
• The robots that are used in industrial applications are increasingly witnessing the deployment of smart sensors and communication devices, also known as IIoT devices, to collect data, which can be utilized to improve productivity and efficiency further.
• They allow the formation of a system that can monitor, collect, exchange, analyze data, and deliver insights that can help drive business decisions.
• IIoT systems generally consist of intelligent devices, infrastructure for collecting and exchanging data, and cloud-based applications to drive analytics. Such factors are propelling market growth.

Major challenges hindering the market growth

• The high cost of deploying and maintaining automation systems is one of the factors hindering the robotic palletizer market growth. Despite offering high ROI, the adoption of robotic palletizers entails high switching costs.
• Customers are usually bound by long-term service contracts with vendors to reap the benefits of automated production. However, this limits the ability of end-users to switch between automation systems from different vendors.
• Therefore, the high switching cost is a key factor that can affect the purchase decision of end-users.
• In addition, as the robots are integrated into the production system, any malfunction or breakdown in the robots can lead to the potential shutdown of the entire production line.
• Thus, these factors are expected to hinder market growth during the forecast period.

Driver, Trend, and Challenges are the factors of market dynamics that state about consequences and sustainability of the businesses, find some insights from a sample report!

What are the key data covered in this Robotic Palletizer Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the robotic palletizer market between 2023 and 2027
• Precise estimation of the size of the robotic palletizer market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the robotic palletizer market across APAC, Europe, North America, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of robotic palletizer market vendors

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Table of content

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global robotic palletizer market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global robotic palletizer market 2017 - 2021 ($ million)

• 4.2 End-user Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

• 4.3 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments
• Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 32: Chart on Comparison by End-user
• Exhibit 33: Data Table on Comparison by End-user

• 6.3 Food and beverage industry - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Food and beverage industry - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Food and beverage industry - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Food and beverage industry - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Food and beverage industry - Year-over-year growth 2022-2027 (%)

• 6.4 Ecommerce and logistics industry - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Ecommerce and logistics industry - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Ecommerce and logistics industry - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Ecommerce and logistics industry - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Ecommerce and logistics industry - Year-over-year growth 2022-2027 (%)

• 6.5 Healthcare industry - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Healthcare industry - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Healthcare industry - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Healthcare industry - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Healthcare industry - Year-over-year growth 2022-2027 (%)

• 6.6 Retail industry - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Retail industry - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Retail industry - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Retail industry - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Retail industry - Year-over-year growth 2022-2027 (%)

• 6.7 Others - Market size and forecast 2022-2027 
• Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by End-user 
• Exhibit 54: Market opportunity by End-user ($ million)

7 Market Segmentation by Type

• 7.1 Market segments
• Exhibit 55: Chart on Type - Market share 2022-2027 (%)
• Exhibit 56: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type
• Exhibit 57: Chart on Comparison by Type
• Exhibit 58: Data Table on Comparison by Type

• 7.3 Articulated robots - Market size and forecast 2022-2027 
• Exhibit 59: Chart on Articulated robots - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Articulated robots - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Articulated robots - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Articulated robots - Year-over-year growth 2022-2027 (%)

• 7.4 Collaborative robots - Market size and forecast 2022-2027 
• Exhibit 63: Chart on Collaborative robots - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on Collaborative robots - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on Collaborative robots - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Collaborative robots - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Type 
• Exhibit 67: Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 69: Chart on Market share by geography 2022-2027 (%)
• Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 71: Chart on Geographic comparison
• Exhibit 72: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027 
• Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027 
• Exhibit 81: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 South Korea - Market size and forecast 2022-2027 
• Exhibit 93: Chart on South Korea - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on South Korea - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on South Korea - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on South Korea - Year-over-year growth 2022-2027 (%)

• 9.9 Singapore - Market size and forecast 2022-2027 
• Exhibit 97: Chart on Singapore - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Singapore - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Singapore - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Singapore - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027 
• Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 Japan - Market size and forecast 2022-2027 
• Exhibit 105: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.12 US - Market size and forecast 2022-2027 
• Exhibit 109: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.13 Sweden - Market size and forecast 2022-2027 
• Exhibit 113: Chart on Sweden - Market size and forecast 2022-2027 ($ million)
• Exhibit 114: Data Table on Sweden - Market size and forecast 2022-2027 ($ million)
• Exhibit 115: Chart on Sweden - Year-over-year growth 2022-2027 (%)
• Exhibit 116: Data Table on Sweden - Year-over-year growth 2022-2027 (%)

• 9.14 Market opportunity by geography 
• Exhibit 117: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 118: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 119: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 120: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 121: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 122: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 123: Matrix on vendor position and classification

• 12.3 ABB Ltd.
• Exhibit 124: ABB Ltd. - Overview
• Exhibit 125: ABB Ltd. - Business segments
• Exhibit 126: ABB Ltd. - Key news
• Exhibit 127: ABB Ltd. - Key offerings
• Exhibit 128: ABB Ltd. - Segment focus

• 12.4 Concetti S.p.a
• Exhibit 129: Concetti S.p.a - Overview
• Exhibit 130: Concetti S.p.a - Product / Service
• Exhibit 131: Concetti S.p.a - Key offerings

• 12.5 DENSO Corp.
• Exhibit 132: DENSO Corp. - Overview
• Exhibit 133: DENSO Corp. - Business segments
• Exhibit 134: DENSO Corp. - Key news
• Exhibit 135: DENSO Corp. - Key offerings
• Exhibit 136: DENSO Corp. - Segment focus

• 12.6 FANUC Corp.
• Exhibit 137: FANUC Corp. - Overview
• Exhibit 138: FANUC Corp. - Product / Service
• Exhibit 139: FANUC Corp. - Key offerings

• 12.7 Fuji Yusoki Kogyo Co. Ltd 
• Exhibit 140: Fuji Yusoki Kogyo Co. Ltd - Overview
• Exhibit 141: Fuji Yusoki Kogyo Co. Ltd - Product / Service
• Exhibit 142: Fuji Yusoki Kogyo Co. Ltd - Key offerings

• 12.8 Illinois Tool Works Inc. 
• Exhibit 143: Illinois Tool Works Inc. - Overview
• Exhibit 144: Illinois Tool Works Inc. - Business segments
• Exhibit 145: Illinois Tool Works Inc. - Key offerings
• Exhibit 146: Illinois Tool Works Inc. - Segment focus

• 12.9 Kawasaki Heavy Industries Ltd. 
• Exhibit 147: Kawasaki Heavy Industries Ltd. - Overview
• Exhibit 148: Kawasaki Heavy Industries Ltd. - Business segments
• Exhibit 149: Kawasaki Heavy Industries Ltd. - Key news
• Exhibit 150: Kawasaki Heavy Industries Ltd. - Key offerings
• Exhibit 151: Kawasaki Heavy Industries Ltd. - Segment focus

• 12.10 KRONES AG
• Exhibit 152: KRONES AG - Overview
• Exhibit 153: KRONES AG - Business segments
• Exhibit 154: KRONES AG - Key offerings
• Exhibit 155: KRONES AG - Segment focus

• 12.11 KUKA AG
• Exhibit 156: KUKA AG - Overview
• Exhibit 157: KUKA AG - Business segments
• Exhibit 158: KUKA AG - Key offerings
• Exhibit 159: KUKA AG - Segment focus

• 12.12 MMCI Automation
• Exhibit 160: MMCI Automation - Overview
• Exhibit 161: MMCI Automation - Product / Service
• Exhibit 162: MMCI Automation - Key offerings

• 12.13 Okura Yusoki Co. Ltd
• Exhibit 163: Okura Yusoki Co. Ltd - Overview
• Exhibit 164: Okura Yusoki Co. Ltd - Product / Service
• Exhibit 165: Okura Yusoki Co. Ltd - Key offerings

• 12.14 Serpa Packaging Solutions LLC 
• Exhibit 166: Serpa Packaging Solutions LLC - Overview
• Exhibit 167: Serpa Packaging Solutions LLC - Product / Service
• Exhibit 168: Serpa Packaging Solutions LLC - Key offerings

• 12.15 Staubli International AG 
• Exhibit 169: Staubli International AG - Overview
• Exhibit 170: Staubli International AG - Product / Service
• Exhibit 171: Staubli International AG - Key news
• Exhibit 172: Staubli International AG - Key offerings

• 12.16 Universal Robots AS
• Exhibit 173: Universal Robots AS - Overview
• Exhibit 174: Universal Robots AS - Product / Service
• Exhibit 175: Universal Robots AS - Key offerings

• 12.17 Yaskawa Electric Corp. 
• Exhibit 176: Yaskawa Electric Corp. - Overview
• Exhibit 177: Yaskawa Electric Corp. - Business segments
• Exhibit 178: Yaskawa Electric Corp. - Key offerings
• Exhibit 179: Yaskawa Electric Corp. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 180: Inclusions checklist
• Exhibit 181: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 182: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 183: Research methodology
• Exhibit 184: Validation techniques employed for market sizing
• Exhibit 185: Information sources

• 13.5 List of abbreviations 
• Exhibit 186: List of abbreviations

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