Global Pick And Place Machines Market Scope 2024, Forecast To 2033
8 Mar, 2024
Pick & place machines expanded from $2.43 billion in 2023 to $2.65 billion in 2024, showing a 9.1% CAGR, driven by electronics demand and automation. Projected to reach $3.62 billion by 2028, growing at an 8.1% CAGR, expansion factors include Industry 4.0 and 5G adoption. Trends encompass AI integration, 3D printing, and sustainable practices.
Global Pick And Place Machines Market Key Driver
The pick-and-place machines market is set to grow alongside the expanding food and beverage industry. Pick-and-place machines play a vital role in automating packaging operations, catering to the increasing demand for packaged food and beverages. With rising exports and turnover in the food and beverage sector, the demand for pick-and-place machines is expected to rise, driving market growth.
Get A Free Sample Of The Global Pick And Place Machines Market ReportGlobal Pick And Place Machines Market Segments
The pick and place machines market covered in this report is segmented –
1) Type:Manual, Semi-Automatic, Automatic
2) Component:Controllers, Frames, Motors, End Effectors, Vacuum Pumps, Sensors
3) Technology:Vision-Based, Force-Based, Laser-Based, Hybrid
4) Application:Consumer Electronics, Automotive, Packaging Industry, Pharmaceuticals And Medical Devices, Logistics And Warehousing, Other Applications
By Geography: The countries covered in the pick and place machines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Europe was the largest region in the Pick And Place Machines market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pick and place machines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Pick And Place Machines Industry Players
Panasonic Corporation; DENSO Robotics; Mitsubishi Electric Corporation; ABB Ltd.; Yamaha Motor Co. Ltd.; Seiko Epson Corporation; Omron Corporation; Kuka AG; Nordson Corporation; Kollmorgen Corp.; Stäubli Robotics; Juki Corporation; Mycronic AB; Yaskawa Motoman Robotics; FANUC AMERICA Corporation; ASM Assembly Systems GmbH & Co. AG; Universal Instruments Corporation; Kawasaki Robotics inc.; Comau LLC; Omron Adept Technology Inc.; Universal Robots Inc.; NMTronics India Pvt. Ltd.; Nachi Robotic Systems Inc.; Blundell Production Equipment Ltd.; Fuji Machinery Co. Ltd.; Hanwha Precision Machinery; DDM Novastar Inc.; Autotronic Services; Evest Corporation; NeoDen Technology Co. Ltd.
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Pick And Place Machines Market Overview
Pick-and-place machines, or pick-and-place robots, are automated machines used in manufacturing and assembly processes to handle and position components or objects with high speed and accuracy.