Food and Beverage Robotic System Integration Market, exhibiting a CAGR of 10.91% over the forecast period

 

Food and Beverage Robotic System Integration
Food and Beverage Robotic System Integration

Robot system integration is a method of programming and supplying industrial robots for performing manufacturing tasks autonomously. The global Food and Beverage Robotic System Integration Market for pick and place application is estimated to generate revenue of US$ 17.5 million in 2017 from US$ 15.8 million in 2016. The market is expected to generate revenue of US$ 40.1 million by 2025, exhibiting a CAGR of 10.91% over the forecast period.

 

Market segmentation

 

Food and Beverage Robotic System Integration Market is split by Type and by Application. For the period 2015-2025, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

 

Major players operating in the global Food and Beverage Robotic System Integration Market for pick and place application include Blueprint Automation, Bradman Lake Group, EPIC Systems, Inc., Fallas Automation, Inc., Robert Bosch GmbH, Simplimatic Automation, JLS Automation, KLEENLine, Shuttleworth, LLC., Multivac, Stelram Engineering Ltd, RobotWorx, RightHand Robotics, Inc., PWR Pack Ltd., Bastian Solutions, Inc., iNova Microsystems Pte. Ltd., AMF Bakery Systems, and Gerhard Schubert GmbH.

 

According to Robotic Industries Association, in 2015, a total of 31,464 robots valued at US$ 1.8 billion were ordered by North American companies of different industries, an increase of 14% in units and 11% in revenue over previous year. This increasing adoption of robotics in North American countries fuels the market of food robotic which parallely accelerates the market of pick and place robotic system integrator market.

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