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Robotic Palletizer Market to Grow by USD 1.57 Billion (2024-2028), Driven by Automation in Material Handling, AI-Powered Report Highlights Market Transformation – Technavio

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NEW YORK, Nov. 13, 2024 /PRNewswire/ — Report with the AI impact on market trends – The global robotic palletizer market size is estimated to grow by USD 1.57 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 5.72% during the forecast period. Automation of material handling operations to reduce labor requirement is driving market growth, with a trend towards rise in adoption of industrial internet of things (IIOT) technology in robotics. However, high cost of deploying and maintaining automation systems poses a challenge.Key market players include ABB Ltd., ABC Packaging Machine Corp, Armstrong, Concetti S.p.a, DENSO Corp., Duravant LLC, FANUC Corp., Fuji Yusoki Kogyo Co. Ltd, Illinois Tool Works Inc., Kawasaki Heavy Industries Ltd., Krones AG, KUKA AG, MMCI Automation, Okura Yusoki Co. Ltd., Premier Tech Digital Ltd., Schneider Packaging Equipment Co Inc, Serpa Packaging Solutions LLC, Staubli International AG, Universal Robots AS, and Yaskawa Electric Corp..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

End-user (Food and beverage industry, Ecommerce and logistics industry, Healthcare industry, Retail industry, and Others), Type (Articulated robots and Collaborative robots), and Geography (APAC, Europe, North America, South America, and Middle East and Africa)

Region Covered

APAC, Europe, North America, South America, and Middle East and Africa

Key companies profiled

ABB Ltd., ABC Packaging Machine Corp, Armstrong, Concetti S.p.a, DENSO Corp., Duravant LLC, FANUC Corp., Fuji Yusoki Kogyo Co. Ltd, Illinois Tool Works Inc., Kawasaki Heavy Industries Ltd., Krones AG, KUKA AG, MMCI Automation, Okura Yusoki Co. Ltd., Premier Tech Digital Ltd., Schneider Packaging Equipment Co Inc, Serpa Packaging Solutions LLC, Staubli International AG, Universal Robots AS, and Yaskawa Electric Corp.

Key Market Trends Fueling Growth

Robotic palletizers in industrial settings are integrating smart sensors and communication devices, or IIoT devices, to enhance productivity and efficiency. IIoT systems consist of intelligent devices, data collection and exchange infrastructure, and cloud-based applications for analytics. Data from IoT systems and sensors in production, including robotic palletizers, enables operators to analyze manufacturing performance. This drives asset reliability, cost-efficiency, and predictive maintenance, reducing downtime and maximizing output quality. IIoT and cloud-driven big data analytics will fuel the global robotic palletizer market growth. 

The Robotic Palletizer market is experiencing significant growth, particularly in industries like food and beverage, logistics, and industrial packaging. Traditional palletizers are being replaced by robotic palletizers due to their ability to increase precision, efficiency, and reduce work-related injuries. Robotic de-palletizers are also gaining popularity for their role in automating warehouse operations. Articulated robots are a key component of robotic palletizing and de-palletizing systems. These systems use sensor systems, vision recognition, and motion control algorithms to ensure accuracy and consistency. Conveyor systems, infeed conveyors, bag palletizers, and bag flatteners are essential components of the robotics ecosystem. Industries such as consumer electronics, healthcare, and personal care are increasingly investing in automated palletizing systems to meet the demands of e-commerce and industrialization. However, the financial barrier to implementing these technologies can be a challenge for some businesses. Automation in the form of robotics is transforming the way warehouses manage order volume, inventory, and quality control. With advancements in technology, the future of palletizers looks bright, with innovations in data management systems and vision recognition set to revolutionize the industry. 

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Market Challenges

Robotic palletizers offer significant benefits such as increased productivity and efficiency in material handling. However, the initial investment for installing a robotic palletizer includes expenses on fixtures, tooling, and accessories, including special end-effectors like vacuum pickers and enclosures. The cost of these implementations can range from USD50,000 to USD100,000. Additionally, ongoing costs for preventative maintenance, safety, operator training, and complementary peripheral equipment add to the overall expense. Long-term service contracts with vendors limit the ability to switch between automation systems, creating high switching costs. Malfunctions or breakdowns in robots can potentially shut down entire production lines, adding risk to the investment. These factors may hinder the growth of the global robotic palletizer market during the forecast period.The Robotic Palletizer Market is experiencing significant growth due to increasing automation in various industries, including consumer electronics, healthcare, and warehouse automation. However, challenges persist in implementing these systems, such as work-related injuries from manual palletizing and the financial barrier for smaller businesses. Robotic palletizers use sensor systems, vision recognition, and motion control algorithms to improve precision, quality control, and labor efficiency. These systems include components like conveyor systems, infeed conveyors, bag palletizers, layer forming stations, and pallet dispensers. Implementing robotic palletizing systems requires integration with data management systems and logistics technologies. Despite these challenges, the benefits of increased order volume, inventory management, and reduced material handling procedures make robotic palletizers a valuable investment for industries undergoing industrialization and e-commerce growth. The shift from conventional palletizers to automated systems continues to drive market growth.

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Segment Overview 

This robotic palletizer market report extensively covers market segmentation by

End-user 1.1 Food and beverage industry1.2 Ecommerce and logistics industry1.3 Healthcare industry1.4 Retail industry1.5 OthersType 2.1 Articulated robots2.2 Collaborative robotsGeography 3.1 APAC3.2 Europe3.3 North America3.4 South America3.5 Middle East and Africa

1.1 Food and beverage industry- In the global robotic palletizers market, the food and beverage industry holds a significant share due to the high demand for automation in material handling processes. With increasing daily output and frequent changes in product SKUs and batch sizes, conventional inline palletizers are no longer sufficient. Robotic palletizers, such as SCARA and six-axis articulated robots, are gaining popularity due to their ability to handle multiple SKUs and short runs. These technologies offer better return on investment (RoI) than fixed automation equipment and require less floor space. SMEs in the food and beverage industry are also adopting robotic palletizers for their flexibility and ease of reconfiguration. Integration of feeding devices and advanced vision systems further enhances the efficiency and product safety of these robots, making them a valuable investment for end-users.

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Research Analysis

Robotic palletizers are automated systems designed to handle and stack pallets in warehouses and logistics centers. They offer several advantages over traditional palletizers, including increased efficiency, improved product quality, and reduced work-related injuries. Robotic palletizing and de-palletizing systems utilize sensors, vision recognition, and motion control algorithms to accurately handle various types of products, including food and beverage, personal care industry, consumer electronics, healthcare, and industrial packaging. These systems consist of articulated robots, conveyor systems, infeed conveyors, bag palletizers, layer forming stations, and pallet dispensers. The integration of automation, data management systems, and robotics in the robotics ecosystem has led to the development of advanced palletizing solutions that cater to the needs of various industries, including logistics, e-commerce, and industrialization. The automation of palletizing and de-palletizing processes has significantly improved warehouse operations by increasing order volume and inventory management capabilities.

Market Research Overview

Robotic palletizers are automated systems designed to handle and stack pallets in warehouses, replacing traditional manual palletizing methods. Robotic palletizing and de-palletizing systems use articulated robots, sensor systems, vision recognition, and motion control algorithms to efficiently load and unload pallets. Industries such as food and beverage, logistics, industrial packaging, personal care, consumer electronics, healthcare, and e-commerce are increasingly adopting these systems for their warehousing needs. Robotic palletizers offer numerous benefits, including increased precision, quality control, labor efficiency, and inventory management. However, the financial barrier to implementation can be a deterrent for some companies. Automation in material handling procedures through robotics is a key trend in warehouse operations, driven by the need for higher order volume, reduced work-related injuries, and logistics technologies. The robotics ecosystem includes various components such as conveyor systems, infeed conveyors, bag palletizers, layer forming stations, and pallet dispensers. In the future, advancements in technology, such as data management systems and vision recognition, will further enhance the capabilities of robotic palletizers and de-palletizers. The integration of these systems with conveyor systems and other warehouse automation technologies will create a seamless logistics process. Overall, the adoption of robotic palletizing and de-palletizing systems is a crucial step towards industrialization and the optimization of warehouse operations.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userFood And Beverage IndustryEcommerce And Logistics IndustryHealthcare IndustryRetail IndustryOthersTypeArticulated RobotsCollaborative RobotsGeographyAPACEuropeNorth AmericaSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Microland honored with STPI Karnataka IT Export Awards 2023-24

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BENGALURU, India, Nov. 26, 2024 /PRNewswire/ — Microland, India’s leading IT infrastructure services company, has been conferred with the Best Performance in High Growth in Exports – IT/ITES award for its category at the Software Technology Parks of India (STPI) Karnataka IT Export Awards for the year 2023-24. This recognition highlights Microland’s contribution to IT / Electronic Hardware Companies of Karnataka under STPI.

The award ceremony was held on 20th November 2024, as part of the 27th edition of the ‘Bengaluru Tech Summit’ event.

For over two decades, the STPI IT Export Awards have been a symbol of excellence and influence in the tech world, celebrating companies that achieve groundbreaking success in IT and ITES exports. 

Sam Mathew, President, Microland, said, “We are excited to receive the prestigious recognition from STPI. Microland is committed to delivering world-class services to our clients and raising the bar with every milestone we achieve.”

Rajesh Kharidehal, Chief Financial Officer, Microland, added, “It is an honor to receive this award from STPI. At Microland, we constantly strive to deliver value to our stakeholders and this award is validation of the work we are doing for our clients.”

In early August 2024, Microland was awarded the prestigious World Class 5-star rating by the Service Desk Institute (SDI) for the quality of IT service and support operations. Microland is the third company globally and the first company in India to attain this accolade. Microland has also achieved a gold rating from EcoVadis, underscoring its exceptional performance in Environment and Sustainable Procurement, reflecting its commitment to high Environmental, Social, and Governance (ESG) standards.

Earlier this year, Microland achieved certification as a Great Workplace by Great Place To Work® for the second time.

About Microland

Microland is a pioneering IT Infrastructure services and consulting company headquartered in Bengaluru, India, with a proven track record of delivering tangible business outcomes for 35 years. Today, as enterprises recognize that networks underpin the functionality and efficiency of modern digital systems and support innovation, we provide next-generation technologies such as AI, automated operations, and platform-driven solutions – which drive operational excellence, agility, and productivity for organizations worldwide. Our team of over 4,600 experts delivers services in over 100 countries across Asia, Australia, Europe, the Middle East, and North America, offering cutting-edge solutions in networks, cloud, data centers, cybersecurity, services management, applications, and automation. Recognized by leading industry analysts for our innovative strategies, Microland is committed to strong governance, environmental sustainability, and fostering an inclusive workplace where diverse talent thrives. When businesses work with Microland, they connect with the best talent, technologies, and solutions to create unparalleled value.

For more information, visit www.microland.com

Contact: sobia.sahar@microland.com

Logo: https://mma.prnewswire.com/media/2483706/Microland_Logo.jpg

 

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The total mileage of UAV transmission line inspection of State Grid Turfan Power Supply Company exceeded 50,000 kilometers

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TURFAN, China, Nov. 26, 2024 /PRNewswire/ — On November 22, the transmission and operation inspection center of State Grid Turfan Power Supply Company successfully completed the line inspection task of the 110 thousand volt Jiaolang line, marking the company’s 389th unmanned aerial vehicle inspection task in the year. Since 2016, the State Grid Turfan Power Supply Company has actively applied and promoted UAV inspection technology, and has achieved full coverage of UAV transmission line inspection in complex terrain such as mountains, deserts, and Gobi.

The complex and diverse terrain of Turfan, including high mountains, deserts and Gobi, has brought arduous challenges to the inspection of transmission lines. However, through the application of drone technology, the State Grid Turfan Power Supply Company has not only overcome these difficulties, but also achieved remarkable results in the operation and inspection of transmission lines. At the same time, with the intelligent upgrading and digital transformation of power grid equipment and management, UAV technology is widely used in maintenance and hanging, live monitoring, power grid construction and other fields, and the intelligent level of transmission line operation and inspection has been continuously improved. Up to now, the company’s drone inspection has covered 215 transmission lines of 35 thousand volts and above, with a total mileage of more than 50,000 kilometers, which is equivalent to the length of a week around the Earth’s equator.

In the next step, the State Grid Turfan Power Supply Company will continue to expand the application scenarios of UAVs, actively introduce new technologies and equipment, and accelerate the transformation of intelligent operation and inspection mode. The company plans to continuously improve the level of equipment operation and inspection, consolidate the foundation of equipment safety, and ensure the safe and stable operation of the power grid by further optimizing the drone inspection process and improving the data analysis and processing capabilities.

 

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SOURCE State Grid Turfan Power Supply Company

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MiniTool’s Biggest Discount of the Year During Black Friday and Cyber Monday

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VANCOUVER, BC, Nov. 25, 2024 /PRNewswire/ — MiniTool, a committed software development firm, offers MiniTool Partition Wizard, MiniTool Power Data Recovery, MiniTool ShadowMaker, MiniTool MovieMaker, MiniTool Video Converter, and other products in the 2024 Black Friday and Cyber Monday promotions. From November 25 to December 6, 2024, customers can visit the MiniTool promotion page to purchase products and enjoy big discounts.

Promotions and Activities

Entrance 1: Discounts for MiniTool Partition Wizard, MiniTool Power Data Recovery, and MiniTool ShadowMaker (UP TO 65% OFF)Entrance 2: Discounts for MiniTool MovieMaker and MiniTool Video Converter (UP TO 70% OFF)

MiniTool’s promotion is divided into three forms: lucky draw, combination promotion, and single item promotion.

Lucky Draw: Try your luck to get a discount or coupon for your desired single product. Each user has 5 chances per day during Black Friday sales.Combination Promotion: Or you can directly pick up your favorite bundles with a bigger discount!Single Item Promotion: Enjoy exclusive discounts on individual products!

Best Seller: MiniTool Partition Wizard Pro Ultimate + MiniTool ShadowMaker Pro Ultimate
MiniTool Partition Wizard is a top disk manager with comprehensive partition management features that can meet the basic disk and partition management needs of home and business users. It is available in Pro, Pro Platinum, and Pro Ultimate versions. Of these, the Pro Ultimate version is the best choice.

MiniTool ShadowMaker is a professional backup software based on the Windows system. It can safely back up files, folders, systems, disks, and partitions to internal or external hard drives.

MiniTool Partition Wizard Pro Ultimate and MiniTool ShadowMaker Pro Ultimate are originally priced at $199 and $158, respectively. During MiniTool’s Black Friday promotion, customers can buy these two products for ONLY $160.65 (55% OFF).

Double Protection of Data: MiniTool Power Data Recovery Personal Ultimate + MiniTool ShadowMaker Pro Ultimate
MiniTool Power Data Recovery is the best data recovery software for Windows users. It can successfully recover accidentally deleted files as well as files lost due to system crashes or virus attacks. Windows users can use MiniTool Power Data Recovery to recover data from internal storage, as well as external drives (such as HDD, SSD, USB, SD card, etc.).

MiniTool ShadowMaker can set up backup items regularly to properly protect your data and computer. It is the best choice for Windows users to back up files, hard drives, systems, etc.

MiniTool Power Data Recovery Personal Ultimate and MiniTool ShadowMaker Pro Ultimate charge $129 and $158 respectively. Now with a discount of 60% OFF, you ONLY NEED to PAY $114.80 for them.

65% OFF: MiniTool Partition Wizard Pro Platinum + MiniTool Power Data Recovery Personal Annual Subscription + MiniTool ShadowMaker Pro Annual Subscription
MiniTool Partition Wizard Pro Platinum offers all the features of the software, plus one year of free upgrades. It can be used on three devices after purchase. MiniTool Power Data Recovery Personal Annual Subscription offers all the functions of MiniTool data recovery software and a one-year free upgrade. MiniTool ShadowMaker Pro Annual Subscription allows use on two devices, plus one year of free updates.

The original prices of these three products are $129, $89, and $120 respectively. During the Black Friday promotion, you can get them all with ONLY $118.30 (65% OFF).

70% OFF: MiniTool MovieMaker Annual Subscription + MiniTool Video Converter 12-Month Subscription
MiniTool MovieMaker is the best choice for creating and editing videos. It supports adding transitions, special effects, and text to a video. Even beginners can make stunning videos with templates in MiniTool MovieMaker.

MiniTool Video Converter can convert audio and video into more than 1,000 formats. Its batch conversion function makes conversion more efficient. In addition, MiniTool Video Converter allows the recording of partial or full-screen activities without background noise.

The regular price of MiniTool MovieMaker Annual Subscription is $59.99, and the regular price of MiniTool Video Converter 12-Month Subscription is $119.99. During Black Friday, enjoy both of them for a whole year for ONLY $53.99, SAVING 70%!

For more product details, please visit the two promotion pages mentioned above.

About MiniTool® Software Ltd.
MiniTool® Software Ltd. is a software development company based in Canada. It is committed to providing customers with the most useful applications, such as MiniTool Power Data Recovery, MiniTool Partition Wizard, MiniTool ShadowMaker, MiniTool System Booster, MiniTool MovieMaker, and MiniTool Video Converter.

 

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SOURCE MiniTool Software Limited

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