The global Food Robotics Market was valued at USD 1,882.0 Million in 2020 and is expected to reach USD 4,924.7 Million by the year 2028, at a CAGR of 11.5%. In the modern competitive business, the role of robots is becoming significant for industrial applications. The important factor for using robots in the industry aims at reducing human inference and to increase the productivity. The shortage of manpower led the global industry to use more robots and it enhanced the annual growth rate of robots globally.
The report also examines the financial standing of leading companies in detail, which consists of market position, gross profit, overall revenue, sales volume, manufacturing, growth rate, and other vital facts & figures. It profiles the leading companies in the Food Robotics market to derive market positions, and strengths and weaknesses of established competitors and new entrants by utilizing analytical tools like SWOT Analysis and Porter’s Five Forces Analysis. The study also highlights production capacity, consumer base, value, volume, product offerings, upstream suppliers, downstream buyers, market concentration rate, and leading regions to give an exhaustive evaluation of the global landscape.
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Some of the key market players are Mitsubishi Electric Corporation (Japan), ABB Group (Switzerland), Kawasaki Heavy Industries Ltd. (Japan), Rockwell Automation Incorporated (U.S.), and FANUC Corporation (Japan). KUKA AG (Germany), Seiko Epson Corporation (Japan), Yaskawa Electric Corporation (Japan), Staubli International Corporation (Switzerland), Mayekawa Mfg. Co., Ltd. (Japan), Universal Robots A/S (Denmark), and Bastian Solutions Inc. (U.S.)
Further key findings from the report suggest:
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Segments covered in the report:
On the basis of type, the food robotics market has been segmented as follows:
On the basis of payload, the food robotics market has been segmented as follows:
On the basis of application, the food robotics market has been segmented as follows:
On the basis of end-user industry, the food robotics market has been segmented as follows:
Regional Outlook (Revenue, USD Million; 2020-2028)
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Objective of Studies:
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