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Material Handling Robots Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

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Rapid growth in industrialization has brought in tremendous technological advancements in the manufacturing sector through the inclusion of robotics in daily processes. With the emergence of megastructures and smart factories, material handling robots are increasingly adopted in manufacturing units to transport materials from one place to another. Material handling robots are used in various streams such as pick and place, palletizing/depalletizing, and the packaging sector. They are used to improve material handling efficiency, flexibility, and constancy in the manufacturing processes. The use of material handling robots in a production plant not only reduces the ergonomic threats but also helps to improve the lean management system of the business. 

The major reason to adopt material handling systems across various industries is, they reduce the number of trips that take place from one workstation to another. Furthermore, material handling robots are cost-effective and have the ability to manage several materials simultaneously. The time needed for the loading and unloading of materials during the production and packaging processes is also minimized by material handling robots. 
These robots have manipulator arms, which have the strength, agility, and speed to load or unload trucks. Material handling robots mechanize the most tedious, dull, and unsafe jobs in a production line. They improve the efficiency of the production line and elevate customer satisfaction by providing better-quality products in proper time intervals.

Material handling robots can manage case-picking functions and can also handle carts for contentment centers or manufacturing process for parts to the lines of operation. The lifting capacity of material handling robots can be over 150 lbs (68 kg). The twin arm manipulator can lift and handle almost every warehoused material. These robots help reduce workplace fatigue and injury. 

Increases in the number of manufacturing facilities and the growth of production plants are among the major drivers of the material handling robotics market. The ability to simplify and decrease time consumption in production functions, while enhancing dependability, accuracy, and the involvement of low task force are the additional market drivers. The development of the material handling robotics market is expected to rise due to the suitability and the substantial cost reduction offered by these robots. Sorting systems, sliding belts, picking systems, and material putting robots are some of the material handling robots that have gained significance in recent years. The initial investment required for material handling robots is high, but in the long run these robots provide a competitive edge. 

By end user, the global material handling robots market can be segmented as automotive, chemical, electrical and electronics, industrial machinery, food and beverage, and others. By type, the market is segmented into transportation handling robots, positioning, unit load formation robots, and storage, identification, and control robots. Transportation handling robots can be further classified as robotic industrial trucks, conveyers, and industrial robotic cranes.

Major vendors associated with material handling robots are ABB Pte Ltd., Adept Technology Inc., Machinery Automation & Robotics Pty Ltd., Daihen Engineering Co Ltd, Denso Wave Inc, Epson America, Inc., FANUC CORP, KUKA Robotics Corporation, Kawasaki Robotics Inc., Nachi Robotic Systems Inc., Staubli International AG, Toshiba Machine Corp., and Yaskawa Motoman Robotics.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   
     

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

 


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