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Global Packaging Robot Market to be Driven by Flourishing Manufacturing Sector

Albany, NY, May 17, 2016 (GLOBE NEWSWIRE) -- The global market for packaging robots is the center of analysis of a recent market research report by Transparency Market Research. The report, titled “Packaging Robot Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024,” presents a thorough assessment of the market and its key elements and includes facts, insights, historical data, and industry-validated data related to the global packaging robots market.

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In the past few years, the demand for packaging robots has seen a significant rise in several manufacturing industries. The benefits of packaging robots in making several operations in manufacturing processes faster, safer, and more economical have made them a crucial part of several industries these days. The global market for packaging robots is projected to exhibit healthy growth over the report’s forecast period, primarily owing to the flourishing growth of major end-use industries. However, the high initial costs of packaging robots are a major restraint for the global packaging robots market.

The report segments the global packaging robots market on the basis of application, product type, end-use industry, output, and geography.

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On the basis of product type, the global packaging robot market has been segmented into SCARA robots, delta robots, four axis robots, six axis robots, and gantry robots. Application-wise, the market is segmented into conveying/placing robots, palletizing/de-palletizing robots, cartoning robots, case/tray packing robots, and others.

On the basis of output, the global packaging robot market has been segmented into up to 500 products/minute, 120-450 products/minute, and up to 120 products/minute. Major end-use industries for packaging robots analyzed in the report are pharmaceuticals, food and beverage, automobile, personal care, and plastic and paper.

Geographically, the market is segmented into Western Europe, Eastern Europe, Asia Pacific, North America, Latin America, and the Middle East and Africa. The global market for packaging robots is projected to exhibit the highest growth in Asia Pacific over the report’s forecast period owing to the rapidly expanding industrial sector in the region.

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The report also gives a detailed overview of the competitive landscape of the global packaging robots market, wherein business profiles, SWOT analysis, general attractiveness analysis, contact details, finance-related data, technological developments, and other data pertaining to some of the major vendors in the market have been included.

Some of the Most Prominent Vendors in the global packaging robots market are Motoman, Fanuc, Adept Technology, Panasonic, A-B-C Packaging Machine, DENSO Robotics, Bosch Rexroth, Intelligent Actuator, BluePrint Automation, Epson Robots, AFAST Robotics, Okura USA, Yamaha Robotic, and Fuji Yusoki Kogyo.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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Source:Transparency Market Research