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Food Robotics Market to Be Worth $2.8 Billion by 2031 – Exclusive Report by Meticulous Research®

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REDDING, Calif., June 4, 2024 /PRNewswire/ — According to a new market research report titled, ‘Food Robotics Market Size, Share, Forecast, & Trends Analysis by Type (Articulated Robots [SCARA, Six-axis Robots], Delta & Parallel, Collaborative, Cartesian, Cylindrical, Portal), Payload, Application, End Use  – Global Forecast to 2031′, the food robotics market is expected to reach $2.8  billion by 2031, at a CAGR of 11.6% from 2024 to 2031.

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In the food industry, robotics plays a crucial role in addressing labor shortages, boosting productivity, and meeting evolving consumer demands. Food robotics encompasses the utilization of robotics technology across various aspects of food and beverage production, processing, packaging, and service. It involves leveraging automated systems and robots to execute tasks that human workers traditionally perform in the food industry. These technologies are deployed to automate various operations in food production facilities, including ingredient handling, mixing, cooking, and assembly processes.

The growth of this market is driven by factors such as increasing food safety regulations, rising investments in robotics by food & beverage companies, increasing digitalization in the food & beverage sector, and a growing focus on efficient food packaging. Furthermore, the rising demand from emerging economies is expected to create market growth opportunities. However, the high installation costs may restrain market growth. Additionally, the low adoption of robotics among SMEs in the food & beverage sector is a significant challenge impeding the market’s growth.

The food robotics market is segmented by type, payload, application, end use, and geography. The study also evaluates industry competitors and analyses the market at the regional and country levels.

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Based on type, the global food robotics market is broadly segmented into articulated robots, delta & parallel robots, collaborative robots, cartesian robots, cylindrical robots, and portal robots. In 2024, the articulated robots segment is expected to account for the largest share of 37.8% of the food robotics market. The large market share of this segment can be attributed to the high load capacity and flexibility offered by these robots, growing emphasis on controlling food contamination, increasing use of autonomous mobile robots (AMRs) equipped with articulated arms for inventory management in warehouses and distribution centers, and growing use of articulated robots in the food industry for pick and place operations, packaging applications, and sorting and inspecting food products. However, the collaborative robots segment is projected to witness the highest growth rate during the forecast period of 2024–2031.

Based on payload, the global food robotics market is broadly segmented into high, low, and medium payload. In 2024, the medium payload segment is expected to account for the largest share of 47.2% of the food robotics market. This segment’s large market share can be attributed to advancements in medium payload robots designed for packaging, food handling, and pick-and-place applications, coupled with enhancements in gripping technology and the integration of vacuum assistance. However, the low payload segment is projected to witness the highest growth rate during the forecast period of 2024–2031.

Based on application, the global food robotics market is broadly segmented into palletizing & depalletizing, packaging & repacking, pick & place, cutting & slicing, grading & sorting, butchery, quality inspection, and other applications. In 2024, the palletizing & depalletizing segment is expected to account for the largest share of 28.2% of the food robotics market. This segment’s large market share can be attributed to the growing use of robots for loading & unloading boxes, bags, cases, bottles, cartons, and other items to or from pallets. These robots improve throughput, enhance quality, provide better working conditions, and improve operational efficiency. However, the packaging & repacking segment is projected to witness the highest growth rate during the forecast period of 2024–2031.

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Based on end use, the global food robotics market is broadly segmented into dairy, beverages, bakery & confectionery, meat, poultry, and seafood, fruits and vegetables, oil & fats, and other end uses. In 2024, the dairy segment is expected to account for the largest share of 27.3% of the food robotics market. The large market share of this segment can be attributed to the growing need to improve quality and productivity and reduce production costs, the rising demand for high-quality dairy products, and various government initiatives to promote the dairy sector. The implementation of robots in the dairy processing industry provides safety, quality, and profitability by optimizing process monitoring and control. Robots help in efficiently handling and managing complex repetitive tasks such as treating & manufacturing raw milk and filling & packaging of milk and milk-based products such as butter, ice cream, yogurt, cheese, and milk powder. However, the beverages segment is projected to witness the highest growth rate during the forecast period of 2024–2031.

Based on geography, the global food robotics market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to account for the largest share of 48.2% of the global food robotics market, followed by North America and Europe. Asia-Pacific’s significant market share can be attributed to the growing awareness regarding food hygiene and safety, the increasing demand for automated solutions to enhance efficiency and productivity in food manufacturing and packaging processes, the significant advances in technology, including AI, IoT, and robotics, stringent food safety regulations, and the widespread adoption of autonomous robots to manage inventory, track stock levels, and optimize warehouse operations for food storage and distribution, and quality inspection of food products. Moreover, the market in Asia-Pacific is projected to register the highest CAGR during the forecast period.

The report also includes an extensive assessment of the key growth strategies adopted by the leading market participants over the past three to four years. The key players operating in the food robotics market are ABB Ltd (Switzerland), Fanuc Corporation (Japan), Yaskawa Electric Corporation (Japan), Kuka AG(Germany), Mitsubishi Electric Corporation (Japan), Kawasaki Heavy Industries, Ltd. (Japan), Universal Robots A/S (Denmark), Stäubli International AG (Switzerland), Denso Corporation (Japan), Seiko Epson Corporation (Japan), Mayekawa Mfg. Co., Ltd. (Japan), Omron Corporation (Japan), and Autonox Robotics GmbH (Germany).

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Scope of the report:

Food Robotics Market Assessment—by Type

Articulated RobotsSCARASix-Axis RobotsOther Articulated RobotsDelta & Parallel RobotsCollaborative RobotsCartesian RobotsPortal Robots

Food Robotics Market Assessment—by Payload

Medium PayloadLow PayloadHigh Payload

Food Robotics Market Assessment—by Application

Palletizing & DepalletizingPackaging & RepackingPick-and-PlaceCutting & SlicingGrading & SortingButcheryQuality InspectionOther Applications

Food Robotics Market Assessment—by End Use

DairyBeveragesBakery & ConfectioneryMeat, Poultry, and SeafoodFruits and VegetableOil & FatsOther End Uses

Food Robotics Market Assessment—by Geography

Asia-Pacific (APAC)ChinaJapanSouth KoreaIndiaAustraliaTaiwanIndonesiaNew ZealandRest of Asia-Pacific (RoAPAC)EuropeGermanyU.K.FranceSpainBeneluxSwitzerlandItalyPolandAustriaCzech RepublicHungaryRomaniaSlovakiaTurkeyGreeceRest of Europe (RoE)North AmericaU.S.CanadaLatin AmericaMexicoBrazilArgentinaRest of Latin America (RoLATAM)Middle East & AfricaSouth AfricaUAESaudi ArabiaRest of Middle East & Africa (RoMEA)

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Related Report:

Food Processing Equipment Market Size, Share, Forecast, & Trends Analysis by Type (Meat, Poultry, and Seafood, Beverage, Bakery, Dairy, Fruit and Vegetable Processing Equipment), Mode of Operation (Semi-Automatic, Automatic)- Global Forecast to 2031

Packaging Machinery Market by Type (Carded Packaging Machines, Filling Machines, Labelling Machines), by Function, Automation (Automatic, Semi-automatic), End-use (Food & Beverages, Healthcare & Pharmaceuticals,) and Geography – Global Forecasts to 2030

Collaborative Robots Market by Type, Component (Hardware, Software), Payload, Application (Material Handling, Welding & Soldering, Assembling and Disassembling), and End-use Industry (Oil & Gas, Automotive, Food & Beverage) – Global Forecast to 2030

Inspection Robots Market by Type (Stationary, Mobile), Application (Visual, Ultrasonic, Photogrammetry, Laser Scanning, Thermal, Quality Inspection), End User (End Use Industry, Inspection Services), and Geography – Global Forecast to 2030

Pick and Place Robots Market by Offering (Robots, Robot Accessories, Software), Payload (Up to 15 KG, 15 KG to 30 KG, More than 30 KG), Sector (E-commerce & Logistics, Food & Beverage, Other Sectors) and Geography – Global Forecast to 2030

Industrial Robotics Market by Component (Robots, Robot Accessories), Payload (Upto 60 kg, 60–100 kg, 100–225 kg, and Above 225 kg), Application, End-use Industry, and Geography – Global Forecast to 2029

About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

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Siemon Announces Optical Patching Solutions for GenAI Networks Using NVIDIA Accelerated Computing

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Siemon announces it is offering its full range of optical patching solutions to work specifically with NVIDIA AI infrastructure for generative AI networks.

WATERTOWN, Conn., Sept. 22, 2024 /PRNewswire-PRWeb/ — The Siemon Company, a global leader in network infrastructure solutions, today announced it is offering its full range of optical patching solutions to work specifically with NVIDIA AI infrastructure for generative AI networks. Large complex GPU clusters can benefit from using structured cabling patch panels versus point-to-point cabling. Siemon acts as a trusted advisor to customers by providing expert advice and best practice recommendations for design & deployment of NVIDIA AI Infrastructure.

“Siemon is very familiar with NVIDIA reference architectures and has worked with many customers to design and deploy NVIDIA clusters… Siemon offers a full range of AI-ready fiber cabling, DAC, and AOC solutions that support 400G, 800G, and 1.6T applications.”

As part of the solution integration, Siemon has joined the NVIDIA Partner Network (NPN) as a Solution Advisor Consultant. NPN Solution Advisor Consultants provide consultation services and expert advice to customers looking to implement NVIDIA-based solutions or technologies. Siemon joins the network to offer its expertise in addressing the unique infrastructure and cabling challenges presented by accelerated computing.

NVIDIA optical reach specifications are calculated assuming two optical patch panels are used in the link and assuming each employ two optical connectors, which makes for a total allowance of four optical connectors in the link. The Siemon optical patching solutions meet NVIDIA requirements and provide customers with flexibility and ease of management.

Media Contact

Brian Baum, Siemon, 1 8609454200, brian_baum@siemon.com

View original content:https://www.prweb.com/releases/siemon-announces-optical-patching-solutions-for-genai-networks-using-nvidia-accelerated-computing-302254640.html

SOURCE Siemon

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AMSimpkins & Associates Awarded Wisconsin Technical Purchasing Consortium Contract RFB 25-002TP – for Identity Verification Solutions

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AMSimpkins & Associates has been awarded the Wisconsin Technical Colleges Purchasing Consortium (WTC-PC) contract for Identity Verification Solutions. This partnership includes providing their advanced S.A.F.E. (Student Application Fraudulent Examination) platform to 16 Wisconsin technical colleges, enhancing security and safeguarding against fraudulent student applications. With a focus on higher education, AMSA aims to support these institutions in maintaining the integrity of their admissions processes and preventing identity fraud. This collaboration underscores AMSA’s commitment to delivering innovative solutions tailored for the education sector.

ATLANTA, Sept. 22, 2024 /PRNewswire-PRWeb/ — AMSimpkins & Associates is proud to announce its selection by the Wisconsin Technical College System Purchasing Consortium (WTC-PC) to provide Identity Verification Solutions through the S.A.F.E. platform. The WTC-PC comprises 16 independent, publicly funded two-year technical colleges across Wisconsin, including Blackhawk Technical College, Chippewa Valley Technical College, Fox Valley Technical College, and Milwaukee Area Technical College, among others.

“We are honored by the Wisconsin Technical College Consortium’s trust in AMSA. This partnership further emphasizes our commitment to providing secure, innovative identity verification solutions that support the needs of educational institutions in protecting their students and operations.”

With a focus on preventing identity fraud, AMSimpkins & Associates’ comprehensive solutions will strengthen the security measures across admissions, enrollment, and financial aid processes, ensuring secure verification and compliance with federal and state regulations. S.A.F.E. will now support Wisconsin’s higher education system, offering its cutting-edge technology to streamline operations and safeguard student data.

“We are honored by the Wisconsin Technical College Consortium’s trust in AMSimpkins & Associates,” said Maurice Simpkins, President and Founder. “This partnership further emphasizes our commitment to providing secure, innovative identity verification solutions that support the needs of educational institutions in protecting their students and operations.”

As part of this agreement, AMSimpkins & Associates will deliver comprehensive services, including system integration, training, and ongoing support to ensure seamless implementation. S.A.F.E.’s capabilities are designed to evolve with growing threats of fraudulent activities, keeping institutions one step ahead in securing student identities.

Institutions in the Wisconsin Technical College System:

Blackhawk Technical CollegeChippewa Valley Technical CollegeFox Valley Technical CollegeGateway Technical CollegeLakeshore Technical CollegeMadison Area Technical CollegeMid-State Technical CollegeMilwaukee Area Technical CollegeMoraine Park Technical CollegeNicolet Area Technical CollegeNorthcentral Technical CollegeNortheast Wisconsin Technical CollegeNorthwood Technical CollegeSouthwest Wisconsin Technical CollegeWaukesha County Technical CollegeWestern Technical College

The S.A.F.E. platform’s advanced identity verification services will play a pivotal role in securing sensitive data and ensuring a safe and fraud-free environment for Wisconsin’s technical colleges and their students.

For more information about AMSimpkins & Associates and the S.A.F.E. platform, please visit amsa-highered.com.

Media Contact

LAQWACIA SIMPKINS, AMSimpkins & Associates, 1 6786824193, LSIMPKINS@AMSA-CONSULTING.COM, amsa-highered.com

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SOURCE AMSimpkins & Associates

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Shijingshan: Committed to High-Level Openness

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BEIJING, Sept. 22, 2024 /PRNewswire/ — Following the third plenary session of the 20th Central Committee of the Communist Party of China, China successfully hosted its first national-level international large-scale fair—the China International Fair for Trade in Services (CIFTIS) 2024, which concluded on September 16. The event featured exhibitors from 85 countries and international organizations, participating under their national governments or headquarters, with over 450 Fortune Global 500 companies and industry leaders showcasing their offerings both online and offline.

Adhering to the open, cooperative and mutually beneficial principle, the CIFTIS injects new momentum into global economic development through concrete actions. As one of the “dual venues” for the fair, Shijingshan District hosted a variety of business activities, including exhibitions, negotiations, and conferences. While providing meeting organization services, it showcased the achievements of Shijingshan in fostering openness and development. By leveraging the Fair’s platform, Shijingshan seeks to promote its developmental advantages globally and aims to attract more partners to this welcoming district for mutually beneficial and win-win cooperation.

Presenting Achievements in Open Cooperation and Development in Multiple Dimensions

This CIFTIS’s Shougang Park venue is composed of nine thematic exhibitions, including telecommunications, computer and information services; financial services; culture & tourism services; education services; sports services; supply chain & business services; engineering consulting & construction services; health services; and environmental services. It circles around cultivating new quality productive forces while showcasing the latest achievements, technologies, and applications in the digitalization, intelligentization, and greening of services trade, creating a “debut stage” for global services trade.

Shijingshan leverages its strengths by organizing five thematic exhibitions and four promotional booths on-site. The culture & tourism services exhibition promoted Shijingshan’s rich culture and tourism resources, while also building a support area for paired assistance to highlight its revitalization efforts to a global audience. The financial services exhibition showcased its achievements in economic development across five sectors, that is, sci-tech finance, green finance, inclusive finance, pension finance, and digital finance. The exhibition of telecommunications, computer and information services highlighted the growth of Shijingshan’s the artificial intelligence large model industry cluster and key humanoid robot enterprises. In addition, the primary and secondary school science education experimental zone invited participation from six national-level science education centers, including Shijingshan District, to display their accomplishments. Four schools, including the Beijing National Day School Shijingshan, showcased their scientific research and learning outcomes through visual presentations and videos, while also engaging visitors in interactive science experiments.

The AIES Beijing Open is made up of four competition areas, virtual cycling, virtual rowing, virtual dance, and virtual table tennis. The event welcomed international competitors, domestic professional athletes, high-level amateurs, and university students, while showing the achievements of the “digital + sports” industry. Besides, four promotional booths focused on taxation, justice, investment, and commerce showcases Shijingshan’s tax and judicial policies, offering one-stop policy guidance for participating businesses and visitors. These booths also clarified investment promotion policies, creating a unique event that integrates commerce, tourism, culture, and sports.

Working Together for Global Open Cooperation and Development

The Open Cooperation Forum 2024 was held on the afternoon of September 13. Experts, scholars, government representatives, and business leaders from both domestic and international backgrounds gathered at the Shougang Park to engage in in-depth discussions on promoting high-level open cooperation and supporting regional economic development. Shijingshan District is committed to taking industrial transformation as the strategic foundation for its initiatives, establishing several distinctive industrial parks, including the Intelligent Technology Park, Industrial Internet Park, Virtual Reality Park, Science Fiction Industry Cluster, and Artificial Intelligence Large Model Cluster. What’s more, the district is focusing on new opportunities in future information, future health, future manufacturing, and future space, continually enhancing its innovation capacity, development vitality, economic strength, and overall competitiveness.

It is dedicated to expanding openness as a key driver for integrating into the capital’s new development pattern. The district capitalizes on a range of policy opportunities, including the construction of Beijing’s two zones, effectively leveraging the role of expanding services and deepening economic reforms. It continues to optimize the business environment, actively participates in organizing the CIFTIS, and develops high-standard international cooperation zones to provide a broad platform and efficient services for enterprises to settle and cluster. Shijingshan aims to implement high-level openness to promote high-quality development, enhance mechanisms for foreign openness, innovate and elevate services trade, and align with international economic and trade standards, creating a premier business environment characterized by marketization, rule of law, and internationalization.

Three parallel forums took place during this CIFTIS. With the theme of “Leveraging Overseas Strength for Development • Pursuing Broad Horizons Through Innovation”, the Dream Incubator of Overseas Chinese Beijing Forum set up ten sub-venues abroad, aiming to enhance the involvement of overseas Chinese’s capital and expertise in Beijing’s high-quality development. The Artificial General Intelligence Computility Forum focused on “Releasing New Quality Productive Forces with Unbounded Intelligence and Computational Foundations”, where industry experts and scholars explored new possibilities in artificial general intelligence computility. The Digital Energy Development Forum 2024, themed as “Energizing the Future with Digital Innovation”, showcased a range of quality development achievements and finalized partnerships for several high-quality projects, uniting all parties to advance digital innovation and development.

The rich array of side events is one of the highlights of this CIFTIS. The International Open Cooperation Promotion Conference circled around developing the international open cooperation zone, drawing representatives from international organizations, leading global companies, and prospective businesses seeking to establish a presence in these areas. It centered on the advantages of Shijingshan’s key industries to attract target enterprises. Furthermore, the Roundtable Discussion of Foreign-Funded Enterprises engaged representatives from international organizations, business associations, and foreign-funded companies from countries like Malaysia, Singapore, and France to explore collaboration in aligning with high-standard international economic and trade rules, as well as market access in the service sector, sharing the successes of modernization with Chinese characteristics.

To enhance the consumer experience for attendees of the CIFTIS, Shijingshan has expanded its comprehensive service offerings in areas such as food, accommodation, transportation, tourism, entertainment and shopping. The Second “Here I Am for CIFTIS” Shijingshan Culture and Tourism Carnival has been significantly upgraded, evidenced by the “Divine Beasts Ascend to Immortal Mountain”: Enchanting Night Tour in Shijing Mountain. The “Surprises Await in Shijingshan. Hey There, CIFTIS!” promotional event was held during the 14th Shijingshan Consumption Festival. This included online surprise announcements and a consumption map showcasing quality shopping venues. Special surprise floats were on display, with oversized themed shopping bags distributed. Shopping centers like Joy City, Xirondo Plaza, Modern Plaza, and Chang’an Mills in Shijingshan also launched supporting promotional activities. Business tours in Shijingshan offered three dedicated routes, inviting exhibitors from digital technology, finance and insurance, culture and tourism, and sports related industries to explore relevant industrial parks and attractions for in-depth exchanges.

The China International Fair for Trade in Services 2024 has successfully concluded. Utilizing this platform, Shijingshan has once again showed its high-quality development achievements and favorable business environment to a global audience. We look forward to collaborating with more partners in an open and inclusive manner to create a win-win future.

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SOURCE Open Cooperation Forum

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