Global Material Handling Robotics Market Key Trends, Size, Growth, Shares and Forecast Research Report 2015-2019

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Material handling robots are used in various applications like packaging, pick and place, and palletizing/de-palletizing. The convenience and the significant cost reduction offered by these robots is expected to uplift the growth of the material handling robotics market.

Technavio predicts the global material handling robotics market to grow at a significant rate of nearly 9% during the forecast period.

Rapid industrialization in developed and emerging economies has led to the shortage of skilled labor, which is expected to increase in the future, especially in countries such as China, Japan, Germany, Russia, and France. Therefore, to improve the production efficiency and overcome the skilled labor shortage, companies are increasingly adopting industrial robots, especially material handling robots.

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Segmentation of the material handling robotics market by end-user

Automotive

Chemical

Electrical and electronics

Industrial machinery

Food and beverage

Others

With a market share of close to 30%, the automotive industry contributed the largest share to the material handling robotics market in 2014 and this segment is anticipated to multiply during the forecast period. The demand for the automotive industry segment is predicted to emerge immensely from major automotive manufacturing countries such as China, the US, and Japan.

Geographical segmentation of the material handling robotics market

Americas

APAC

EMEA

The APAC region led the material handling robotics market with more than 67% market share in 2014, followed by EMEA and the Americas. Key manufacturing countries like China, Japan, South Korea, Taiwan, and India are projected to be the major contributors for the market in this region.

Competitive...