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Packaging Automation Solution Market by Product Type, Function, Software and Service, Industry, and Geography - Global Forecast to 2022

Packaging Automation Solution Market: Global Forecast until 2022

  • December 2016
  • 150 pages
  • ID: 4466098
In this report:
The automated conveyor and sortation systems segment registered installations of ##,##.## thousand units and is expected to reach ##,##.## thousand units by 2022, marking a CAGR of ##.##% between 2016 and 2022.
The automated packagers market registered the highest shipment of ##,##.## thousand units in 2015 and is expected to reach ##,##.## thousand units by 2022, marking a CAGR of ##.##% between 2016 and 2022.

Summary

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"Increasing adoption of automation solutions and growing need for supply chain integration are the top drivers for the packaging automation solution market."

The packaging automation solution market was estimated at ~$28.4B in 2015 and is forecasted to reach ~$52.4B by 2022, increasing at a compound annual growth rate (CAGR) of 8.68% during the forecast horizon. The rising adoption of automation solutions across different industries, growing need for supply chain integration, and reduction in labor costs are the main drivers for the packaging automation solution market. Also, the advancements in technology including wireless technology, autonomous control, and wearable computing are driving the packaging automation solution market. The high capital cost and the high level of maintenance required are the factors restraining the increase of the packaging automation solution market.

"Packaging automation solution market for the palletizing function is anticipated to rise at an important rate during the estimate period."

The palletizing machines ensure an efficient way of moving products in the packaging automation solution market. The palletizing machines offer automatic means to stack cases of products onto a pallet in a predetermined pattern to form a layer. The concern to minimize the time engaged in packaging has been a main driver for the use of palletizing machines in the packaging automation solution market.

"Packaging automation solution market for food and beverages market is anticipated to witness high rise during the outlook period."

The packaging automation solution market for the food and beverages sector is anticipated to grow at an exponential rate during the estimate period. The manufacturers in the food and beverages market are under constant pressure to lower costs and growth efficiency and at the same time maintain their market position due to intense competition in the industry. The food and beverages market requires the use of primary packaging to protect the products from outside influences including damage and contamination and also to provide consumers with ingredient and nutrition information. This has been the main driver for the increase ot the food and beverages sector in the packaging automation solution market.

"Asia-Pac is anticipated to witness high rise during the outlook period."

The rising use of packaging automation in industries including food and beverages, logistics and warehousing, healthcare, and semiconductor and electronics in Asia-Pacific is driving the sector in this area. The strong government support in countries including China (CN) and India (IN) to thrive on industrial automation is also boosting the increase of the packaging automation solution market in Asia-Pac.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions have been managed with top experts in the packaging automation market. The breakup of the profiles of primary members taking part has been shown below:

• By Company category: Tier 1-55 %, Tier 2-20.0 percent, and Tier 3-25.0 percent

• By Description: C-Level Executives-25%, Directors-55%, and Others-20%

• By Area: North America-30%, Europe-20%, APAC-40%, and RoW-10%

The report also profiles the main actors in the packaging automation solution market. The main players decribed in this business report are Rockwell Automation (NYSE:ROK), ABB Ltd. (NYSE:ABB), Mitsubishi Electric Corp., Schneider Electric (SU), Emerson Electric (NYSE:EMR), Swisslog Holding AG, Siemens (SIA), Automated Packaging Systems, Incorporated, Kollmorgen, and BEUMER Group GmbH & Co., KG.

Segment Research

This market research classifies the packaging automation solution market based on product type, function, software and service, market, and area. It also offers Porter's five forces analysis, together with the description of each of its forces and their impact on the packaging automation solution market. The study also considers main drivers, industry restraints, opportunities, and possibilities for the industry.

Reasons to Buy the Report

The analysis would benefit competitors/new sector entrants in this sector in these ways:

1. This document breaks down the packaging automation solution market comprehensively and offers the closest industry size estimation for main sectors across several areas.

2. The market research would benefit partners distinguish the pulse of the sector and offer them with the info on drivers, market restraints, opportunities, and alternatives for the sector.

3. This industry report would benefit partners comprehend their players better and acquire additional insights to enhance their rank in the business sector. The competitive outlook section includes competitor landscape, recent product launches and advancements, business developments, strategic agreements, contracts, and acquisitions.

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