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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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Huawei Cloud in France: Building an AI-Native Cloud to Amplify Intelligence on the Tech Stage

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PARIS, Nov. 14, 2024 /PRNewswire/ — HUAWEI CONNECT 2024 PARIS commenced today, featuring the first Huawei Cloud Summit France. Huawei Cloud is building an AI-native cloud through systematic innovation and service reshaping. Moving forward, Huawei Cloud will continue to drive innovation in both the “AI for Cloud” and “Cloud for AI” directions, accelerating the intelligent transformation across industries in France.

Jacqueline Shi, President of Huawei Cloud Global Marketing and Sales Service, delivered a welcome speech in her digital presence built using Huawei Cloud MetaStudio. She stated, “Innovation is the heart of our success, our competitiveness, and our growth. That’s why we invest heavily in R&D to bring you the most secure and reliable cloud services possible, including cloud native, AI, and big data. In Europe, Huawei Cloud has collaborated with over 500 local partners to deliver a wide range of industry-specific solutions and proven expertise, enabling European businesses to expedite their cloud adoption, leverage global resources, and achieve leapfrog growth.”

In his keynote speech, William Dong, President of Huawei Cloud Marketing, highlighted the importance of AI in building economic moats. To this end, Huawei Cloud launches Pangu models to enable intelligent upgrades across industries, with over 400 use cases in 30 industries now benefiting from Huawei Cloud’s AI-native cloud infrastructure that extends cutting-edge technologies and premium experiences to European customers. On the tech stage, Huawei Cloud is set to amplify intelligence.

Huawei Cloud’s AI-native strategy has been a cornerstone of the company’s innovation. This strategy is twofold: AI for Cloud and Cloud for AI, marking significant advancements in Huawei Cloud’s capabilities. “AI for Cloud” means integrating Pangu models with cloud services for product R&D, data governance, security, and O&M to make them more intelligent and efficient.

With full-stack systemic innovations, “Cloud for AI” covers data centers, cloud platform architectures, and infrastructure services, enabling efficient and high-performance data preparation, training, inference, and application of foundation models. The distributed cloud database GaussDB features high performance, high intelligence, and easy migration. Huawei Cloud Stack 8.5 provides more than 120 locally deployed cloud services and 50 industry-specific solutions, building the optimal hybrid cloud for intelligent transformation.

At this summit, Huawei Cloud officially released the Flexus cloud services for small- and medium-sized enterprises (SMEs) in France. Flexus feature flexible specifications, AI-driven high speed, 6x burst speed, compute hot upgrade, and ultimate experience.

Presently, Huawei Cloud has more than 500 customers, partners, and developers in France. Song Wanying, President of Huawei Cloud France, shared insights on fostering business growth through cloud innovation and introduced new media & entertainment, e-commerce, and retail solutions for the French market, furthering intelligent initiatives.

Huawei Cloud has upgraded media services in a 3E approach: efficiency, experience, and evolution. For instance, AIGC for virtual humans can significantly reduce the time required for short video production from days to mere minutes. In terms of experience, Huawei Cloud leverages its self-developed RTP protocol to minimize latency to 500 ms and reduce frame freezing to 10%. For business model evolution, Huawei Cloud offers virtual human technology to facilitate efficient video production, leading to new business opportunities and growth.

In retail and e-commerce, Huawei Cloud has developed the B.R.A.N.D. model to assist retailers in driving innovation and growth. Through professional services, deterministic operations, security, reliability, and 16 sub-scenario solutions, B.R.A.N.D. enables retailers to build agile, efficient, and secure business systems.

In terms of ecosystem expansion, Huawei Cloud has partnered with Station F, the world’s largest startup incubator, to launch a sustainability-themed incubation program. This program aims to provide comprehensive support for startups, including cloud resources, investment opportunities, and dedicated office spaces. Additionally, Huawei Cloud and 20 ecosystem partners have unveiled the Industry Partner Innovation Program at the summit.

This two-day event features a packed agenda, including the partner forum and the Cloud Native Elite Club (CNEC) roundtable. At this year’s HUAWEI CONNECT Europe, CNEC returned to Europe and invited its first members to join this technical community built for European technology pioneers.

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ALBERT GAHFI, NEWCO CAPITAL GROUP CEO, NOMINATED FOR THE U.S. FINTECH AWARDS’ INNOVATOR OF THE YEAR

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NEW YORK, Nov. 14, 2024 /PRNewswire/ — NewCo Capital Group is proud to announce that Albert Gahfi, CEO of NewCo Capital Group and Co-Founder and Director of Bizcap, has been nominated for the prestigious Innovator of the Year Award by the U.S. FinTech Awards. This recognition highlights Albert’s groundbreaking contributions to the FinTech sector and his dedication to founding companies that empower small businesses with forward-thinking capital solutions.

We are focused on what’s next—continuing to build the tools and services that will drive the future of FinTech

As a proven enterprise-building founder and CEO, Albert co-founded Kings Cash Group and oversaw its merger with a large FinTech consortium that included an SEC-registered fund. As the Co-Founder and CEO of NewCo Capital Group, Capytal.com, and NewCo Canada, as well as the co-founder of Melbourne-based BizCap, Albert’s global expansion strategy has led to the opening of offices in New Zealand, the United Kingdom, and a recently announced strategic initiative in Asia via Singapore.

The nomination for Innovator of the Year underscores NewCo’s commitment to reshaping how small-to-medium businesses and enterprise companies access financing. Since its founding, NewCo has remained at the forefront of Specialty Finance within the FinTech sector, continually creating custom capital solutions that leverage advanced technology, nuanced underwriting, and a deep understanding of client needs.

Bruce Gurvitsch, Chief Revenue Officer for NewCo Capital Group and Capytal.com, commended the nomination, stating, “Albert’s nomination for Innovator of the Year reflects his unwavering pursuit of excellence—a drive that defines our mission at NewCo. We’re committed to pushing the boundaries of what’s possible in FinTech, ensuring that SMBs have access to the capital they need for growth, job creation, and long-term success.”

NewCo and its affiliate companies have transformed traditional financing models, making it easier, faster, and more efficient for businesses to secure funding. With over $1.8 billion deployed across 40,000+ businesses globally, NewCo continues to lead the charge in specialized financing and working capital.

Reflecting on the nomination, Gahfi remarked, ‘This recognition from the U.S. FinTech Awards validates our efforts and inspires us to continue delivering the most innovative solutions to the market.’ He emphasized NewCo’s long-term vision, adding, ‘We are focused on what’s next—continuing to build the tools and services that will drive the future of FinTech. Our mission has always been to empower small businesses globally.’

For more information about NewCo Capital Group, visit www.NewCoCapitalGroup.com or email Info@NewCoCapitalGroup.com.

About NewCo Capital Group & Capytal.com

Founded in 2020, NewCo Capital Group and its affiliate companies empower SMBs globally with fast, accessible financing and funding. The companies have successfully deployed $1.8 billion to over 40,000 SMBs while maintaining a 4.9/5 Trustpilot rating.

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SOURCE NewCo Capital Group

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Enrollsy Unveils Brand Refresh and New Website to Enhance Enrollment Experience for Schools, Camps, Nonprofits, and More

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LEHI, Utah, Nov. 14, 2024 /PRNewswire/ — Enrollsy, the platform dedicated to making enrollment simple and accessible for organizations of all sizes, is thrilled to announce its brand refresh and launch of a new website at www.enrollsy.com. With a renewed focus on simplifying enrollment processes and delivering unparalleled support, Enrollsy’s brand refresh reinforces its commitment to empowering non-technical professionals with a seamless, user-friendly experience.

Enrollsy is online enrollment software made easy.

The name “Enrollsy” reflects the platform’s mission: combining “enroll” and “easy” to describe a solution that effortlessly manages the enrollment process—from sign-up to payments and communications—without requiring technical expertise or IT support. Enrollsy’s customizable platform is designed to solve enrollment challenges and make life easier for administrators everywhere.

Empowering Purpose, Mission, Vision, and Values

Driven by a purpose to create an exceptional experience from the first interaction to ongoing support, Enrollsy ensures every aspect of its service is tailored to customer needs. Enrollsy’s mission—to provide an amazing enrollment experience to 10 million people in a single year—drives the platform to innovate, simplify, and perfect enrollment solutions for organizations managing data, payments, and communications.

Enrollsy envisions a world where education, enrichment, and connection drive better outcomes, helping organizations fulfill their missions. As a trusted partner, Enrollsy shares its values with customers by prioritizing consistency, honoring commitments, and maintaining clear, actionable communication.

Unmatched Customer Experiences

Enrollsy’s brand refresh also highlights its commitment to delivering value through real-life customer success stories. Elizabeth Fizer, owner of Fizer Fine Art, shares, “Enrollsy transformed our registration process from an absolute nightmare to easily manageable. Their unmatched customer service and ability to tailor the software to meet our specific needs allowed us to offer flexible schedules and simplified invoicing—enabling me to focus on my family during a busy registration period. Parents found it easy and intuitive, which only enhanced our customer experience.”

Similarly, Matthew Vinson from Common Ground on the Hill, a nonprofit, noted, “Enrollsy exceeded our expectations by listening to our unique needs and creating a system that integrates with our existing applications seamlessly. They understood our operations and provided features we needed, making the registration process efficient and stress-free.”

Visit the New Enrollsy Website

Enrollsy’s reimagined website offers a refreshed look at how the platform simplifies enrollment, billing, and communication for education, enrichment, and nonprofit organizations across the U.S., Australia, and Canada. Visitors are invited to explore www.enrollsy.com to discover how Enrollsy’s solutions are transforming the enrollment experience and simplifying administrative processes.

About Enrollsy Enrollsy provides a complete, easy-to-use solution for managing enrollments, payments, and participant communications. Designed for non-technical professionals, Enrollsy’s mission is to simplify enrollment for organizations while delivering unmatched support and flexibility. Visit www.enrollsy.com to learn more about how Enrollsy is shaping the future of enrollment.

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SOURCE Enrollsy, Inc.

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