PUBLISHER: Lucintel | PRODUCT CODE: 1437737
PUBLISHER: Lucintel | PRODUCT CODE: 1437737
Material Handling Robotic Trends and Forecast
The future of the global material handling robotic market looks promising with opportunities in the automotive, chemical, aviation, semiconductor & electronic, e-commerce, food & beverage, healthcare, and metal & heavy machinery markets. The global material handling robotic market is expected to reach an estimated $55.5 billion by 2030 with a CAGR of 10.2% from 2024 to 2030. The major drivers for this market are rising adoption of automation among industries, expanding e-commerce sector, and escalating progress in the field of robotic technology.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Material Handling Robotic by Segment
The study includes a forecast for the global material handling robotic by type, product type, function, end use industry, and region.
List of Material Handling Robotic Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies material handling robotic companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the material handling robotic companies profiled in this report include-
Material Handling Robotic Market Insights
Lucintel forecasts that unit is expected to witness the highest growth over the forecast period due to its more versatile and can be used in wider range of application.
Within this market, automotive is expected to witness the highest growth due to widespread usage of material handling robotic in variety of applications, such as assembly, welding, painting, and packaging & shipping.
APAC is expected to witness highest growth over the forecast period due to growing investment in infrastructure development and industrial automation in the region.
Features of the Global Material Handling Robotic Market
Market Size Estimates: Material handling robotic market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Material handling robotic market size by various segments, such as by type, product type, function, end use industry, and region in terms of value ($B).
Regional Analysis: Material handling robotic market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, product types, functions, end use industries, and regions for the material handling robotic market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the material handling robotic market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the material handling robotic market size?
Answer: The global material handling robotic market is expected to reach an estimated $55.5 billion by 2030.
Q2. What is the growth forecast for material handling robotic market?
Answer: The global material handling robotic market is expected to grow with a CAGR of 10.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the material handling robotic market?
Answer: The major drivers for this market are rising adoption of automation among industries, expanding e-commerce sector, and escalating progress in the field of robotic technology.
Q4. What are the major segments for material handling robotic market?
Answer: The future of the material handling robotic market looks promising with opportunities in the automotive, chemical, aviation, semiconductor & electronic, e-commerce, food & beverage, healthcare, and metal & heavy machinery markets.
Q5. Who are the key material handling robotic market companies?
Answer: Some of the key material handling robotic companies are as follows:
Q6. Which material handling robotic market segment will be the largest in future?
Answer: Lucintel forecasts that unit is expected to witness the highest growth over the forecast period due to its more versatile and can be used in wider range of application.
Q7. In material handling robotic market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing investment in infrastructure development and industrial automation in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.