The global Food Robotics market size is projected to reach approximately USD 5.6 Billion by 2030, at a CAGR of 13.4% from 2022 to 2030.
Pune, April 27, 2022 (GLOBE NEWSWIRE) -- Food robotics is the employment of robots in food processing for a speedy and efficient process. The food manufacturing industry has evolved into complex packaging, sorting, preparing, cooking, and palletizing processes. Robotics have increased industrial productivity, and their incorporation has improved time and space usage while also improving safety and cleanliness. Robots are mostly utilized for cutting, dispensing, and casing food, as well as feed placement, product placement in containers, and categorization, in food manufacturing. Latest developments also include order picking, an automated process that allows a customer or employee to place an order electronically. The food robot will fill that specific order.
Robots' packaging of food items, which needs speed and consistency, provides significant efficiency gains. Intelligent vision systems on robots allow for extremely precise product placement on a belt conveyor. Sorting by shape, color, or size uses the visual system of robots. Download Sample PDF https://www.marketdatacentre.com/samplepdf/13990
Drivers Growing Demand for Digitalization in Food Industry
Digitalization is the use of modern digital technologies such as artificial intelligence, IT/OT convergence, 3D printing, big data analytics, digital twins, and automation technologies to improve business operations. AI and IoT help companies achieve high levels of food safety, reduce waste, improve traceability, and lower risks and costs in the many stages of food processing and packaging. Digitalization has emerged as a crucial facilitator for automation in recent years. AI improves employee productivity, which raises operational productivity. In the food and beverage industry, several regulations govern digitalization. The Food Safety Modernization Act, for example, requires food firms to upgrade and update their methods utilizing ERP systems in accordance with the Hazard Analysis and Critical Control Point (HACCP) codes. Meanwhile, the utilization of 3D printing technology for research, testing, and development is expected to boost mass production acceptability.
Prominent players in the global Food Robotics market are Mitsubishi Electric Corporation (Japan), ABB Group(Switzerland), Kawasaki Heavy Industries Ltd. (Japan), Rockwell Automation Inc. (US), Fanuc Corporation (Japan), KUKA AG (Germany), Seiko Epson Corporation (Japan), Yasakawa Electric Corporation (Japan), Staubli International AG (Switzerland), STAUBLI INTERNATIONAL CORPORATION (Switzerland), Mayekawa Mfg. Co. Ltd. (Japan), Denso Corporation (Japan), Ellison Technologies Inc. (US), Fuji Robotics (Japan), Moley Robotics (UK), Nachi-Fujikoshi Corporation (Japan), OMRON Corporation (Japan), Asic Robotics AG (Switzerland), Apex Automation & Robotics (Australia), Aurotek Corporation (Taiwan), Universal Robots A/S (Denmark), and Bastian Solutions LLC (US).
Vendor assessment includes a deep analysis of how vendors are addressing the demand in the Food Robotics Market. The MDC Competetive Scape model was used to assess qualitative and quantitative insights in this assessment. MDC's Competitive Scape is a structured method for identifying key players and outlining their strengths, relevant characteristics, and outreach strategy. MDC's Competitive Scape allows organizations to analyze the environmental factors that influence their business, set goals, and identify new marketing strategies. MDC Research analysts conduct a thorough investigation of vendors' solutions, services, programs, marketing, organization size, geographic focus, type of organization and strategies.
Technology dramatically impacts business productivity, growth and efficiency. Technologies can help companies develop competitive advantages, but choosing them can be one of the most demanding decisions for businesses. Technology assessment helps organizations to understand their current situation with respect to technology and offer a roadmap where they might want to go and scale their business. A well-defined process to assess and select technology solutions can help organizations reduce risk, achieve objectives, identify the problem, and solve it in the right way. Technology assessment can help businesses identify which technologies to invest in, meet industry standards, compete against competitors.
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Advancements in technology and digitalization have changed the way companies do business; the concept of a business ecosystem helps businesses understand how to thrive in this changing environment. Business ecosystems provide organizations with opportunities to integrate technology in their daily business operations and improve research and business competency. The business ecosystem includes a network of interlinked companies that compete and cooperate to increase sales, improve profitability, and succeed in their markets. An ecosystem analysis is a business network analysis that includes the relationships amongst suppliers, distributors, and end-users in delivering a product or service.
North America (US, Canada), Europe (Germany, UK, France, Spain, Italy, and Rest of Europe), Asia-Pacific (Japan, China, Australia, India, Rest of Asia-Pacific), and Rest of the World (RoW)
Food Robotics Market Dynamics, Covid-19 Impact on the Food Robotics Market, Vendor Profiles, Vendor Assessment, Strategies, Technology Assessment, Product Mapping, Industry Outlook, Economic Analysis, Segmental Analysis, Food Robotics Market Sizing, Analysis Tables
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All Major Tier-1, Tier-2, and Tier-3 companies are covered in this Food Robotics Market report (25 Vendor Profiles)
Key Questions Answered in This Report:
What is the potential of the Food Robotics Market?
What is the impact of COVID-19 on the global Food Robotics Market?
What are the top strategies that companies adopting in Food Robotics Market?
What are the challenges faced by SME’s and prominent vendors in Food Robotics Market?
Which region has the highest investments in Food Robotics Market?
What are the latest research and activities in Food Robotics Market?
Who are the prominent players in Food Robotics Market?
What is the potential of the Food Robotics Market?
Additional vendors profiles can be added based on client business requirements
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