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Proteomics Market Is Estimated To Grow By USD 103.8 Billion By 2032 | North America to Account for 45% Revenue Share

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New York, March 16, 2023 (GLOBE NEWSWIRE) — The global proteomics market was worth USD 26.8 billion in 2022 and will reach USD 103.8 billion by 2032. This market is anticipated to see the highest CAGR of 14.9% between 2023 and 2032. Proteomics is the broad term for the study of proteomics. A proteome is a group of proteins produced by a living organism. Proteomics is used to look into the expression of proteins, their rate of degradation, descriptions of proteins, and modifications of proteins.

 

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Key Takeaway:

  • By type, the reagent and consumables category is the most lucrative and generates the largest share of revenue in the global proteomics market.
  • By technology, the protein microarray segment is expected to account for the largest proteomics market share.
  • By application, the clinical diagnostic segment had the largest share over the projection period.
  • By end-user, the pharmaceutical companies segment had a significant market share.
  • North America dominated the sector with a 45.0% revenue share. 

Factors affecting the growth of the proteomics market industry

Increased investments in R&D in proteomics: The National Institutes of Health (NIH) of the United States contributed US$ 37 billion to biomedical research. This grant was intended to support life sciences research to understand the fundamental mechanisms by which diseases occur and to identify biomarkers that indicate the presence of disease or the gene(s) or protein(s) that cause the disease.

A surge in the prevalence of cancer and other diseases: The increasing incidence of cancer and other disorders is another crucial factor for the global proteomics market. The continuing proteomics research can assist medical specialists in identifying how proteins respond in a highly dynamic environment, such as cancer patients.

Technical advancements: The advancement of advanced tools that increase the productivity, throughput, and speed of biological research, such as 2-D electrophoresis protein analyzers, would further boost market expansion.

Collaborations and partnerships among major companies: Symphogen and Thermo Fisher Scientific Inc. developed verified platform methods for the rapid characterization and quality control of complex therapeutic proteins.

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Top Trends in Global Proteomics Market

Artificial intelligence in proteomics is a well-known trend that is quickly gaining traction. Proteomics applications of artificial intelligence are already reshaping the field of drug development. It is crucial to take into account how and why particular proteins interact when creating novel medications, digesting cell biology, and figuring out whether a treatment will have therapeutic or harmful effects.

Other market trends, such as the rise in drug discovery, emerging technologies, the increasing significance of Nano proteomics, and new applications based on the advancement of proteomic technology, are accelerating the expansion of the proteome market over the forecast period.

Market Growth

The increased incidence of target diseases and surge in demand for personalized medications as well as enhanced diagnostics in the treatment of targeted diseases are vital factors boosting industry growth. A growing emphasis on the use of products in medication creation, biomarker research, and clinical diagnostics for the diagnosis and treatment of diseases will also support the development of the industry. The protein research being done to treat COVID-19 patients is another factor favoring market expansion.

Regional Analysis

North America, which generated the most considerable revenue of 45% over the projection period, dominated this industry. The rise of omics research, the necessity for high-quality data reproducibility tools, and a focus on developing personalized treatments are all contributing factors. The alliances and cooperation of significant regional enterprises also contribute to the market’s growth. One such example is the collaboration between Symphogen and Thermo Fisher Scientific Inc. to develop accepted platform methods for the streamlined characterization and quality monitoring of complex therapeutic proteins.

The Asia-Pacific region will grow fastest between 2022 and 2038 due to factors such as outsourcing proteomics-based projects, public and private funding for proteomics research and development, favorable government regulations, rising target disease prevalence due to rising proteomics adoption, and an aging population. For instance, the University of Hyderabad received a million-dollar grant from the Department of Biotechnology of the Indian Government in November to study the tomato proteome. Government programs to fund proteomics research are what is driving the Asian-Pacific market. 

Competitive Landscape

The competitive landscape of the market has also been examined in this report. Some of the major players such as Illumina Inc., GE Healthcare, Thermo Fisher Scientific Inc., Bruker Corporation, Promega Corporation, Agilent Technologies Inc., Bio-Rad Laboratories Inc., Danaher Corporation, F. Hoffmann-La Roche AG, Merck KGaA., and Other Key Players.

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Scope of the Report

Report Attribute Details
Market Value (2022) USD 26.8 Billion
Market Size (2032) USD 103.8 Billion
CAGR (from 2023 to 2032) 14.9%
North America Revenue Share 45.0%
Historic Period 2016 to 2022
Base Year 2022
Forecast Year 2023 to 2032

Market Drivers

Proteomics research and development and a surge in demand for personalized medications are expanding, fueling this market’s further expansion. The market is expected to rise due to increased research activities in the healthcare sector and rising demand for better healthcare infrastructure.

The rising incidence of cancer and other disorders is another critical factor for the global proteomics market. The ongoing proteomics research can aid medical professionals in comprehending how proteins behave in a highly dynamic environment, such as in cancer patients. The study of proteomics has made it possible to collect essential data in the form of biomarkers.

Market Restraints

Stringent government regulations, high medical device costs, a shortage of qualified researchers, increased research and development costs, and a lack of knowledge about the use of proteomics in developed countries are anticipated to limit the growth of the global proteome market to a lesser extent.

Since proteomics research is mainly based on trial and error, it is challenging to enter the field before being ready to invest a sizeable amount of capital in the tools needed to carry out the procedures and the related risk of failure.

Market Opportunities

This market offers several growth opportunities. It is a relatively new technology that has demonstrated significant advancement. Throughout the projection period, the science of Nano proteomics, which integrates proteomics and nanotechnology, is anticipated to impact market growth significantly. Furthermore, research into the role that proteins play in the development and aggravation of the COVID-19 virus in the body can give researchers vital new information and aid in creating novel COVID-19 therapeutic methods.

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Report Segmentation of the Proteomics Market

Type Insight

This market is segmented into reagents, services, instruments, and consumables based on types. The reagent and consumables category, out of these, holds the largest revenue share in the global proteomics market.   The need for reagents and consumables will increase as a result of the extensive use of chemicals, kits, strips, and other reagents and consumables for analyzing various biological samples in research labs, academic institutions, and other institutions. Proteomics market expansion will be supported by technical advancements in advanced instruments, including 2 d electrophoresis protein analyzers that speed up and enhance the effectiveness of biological research.

Technology Insight

Based on technology, the market is divided into spectroscopy, x-ray crystallography, and protein microarray instruments. The protein microarray segment is anticipated to hold the largest market share in proteomics over the forecast period. Based on the type of instrument, many results can be obtained from a small sample. Also advantageous are label-free identification, complete direct quantification, and complete protein imprinting. The identification and successful isolation of changed proteins in a complex structure are expected to drive the fastest growth in protein fractionation in the future.

Application Insight

Based on application, the market is segmented into drug discovery, clinical diagnostic, disease diagnostic, and others. Clinical diagnosis is further divided into neurological disorders, cancer, and infectious diseases categories. The clinical diagnostic market had the greatest share due to an improved understanding of protein expression structure for medication development and disease. The market for drug discovery is expected to expand at the highest CAGR due to the ongoing research for effective methods of delivering improved medications.

End-User Insight

Based on end-user, this market is segmented into hospitals, pharmaceutical companies, and clinical laboratories. The segment of pharmaceutical companies held a sizable market share over the forecast period. The rise in funding for genomes and proteomics research and the outsourcing of research activities to various pharmaceutical firms can determine the size of this market.

For more insights on the historical and Forecast Proteomics Market data from 2016 to 2032 – download a sample report at https://market.us/report/proteomics-market/request-sample/

Market Segmentation

Based on Type

  • Reagent
  • Services
  • Instruments
  • Consumables

Based on Technology

  • Spectroscopy
  • X-Ray Crystallography
  • Protein Microarray Instruments

Based on Application

  • Drug Discovery
  • Clinical Diagnostic
  • Disease Diagnosis
  • Other Applications

Based On End- User

  • Hospitals
  • Pharmaceutical Companies
  • Clinical Laboratories
  • Other End- Users

By Geography

  • North America
    • The US
    • Canada
    • Mexico
  • Western Europe
    • Germany
    • France
    • The UK
    • Spain
    • Italy
    • Portugal
    • Ireland
    • Austria
    • Switzerland
    • Benelux
    • Nordic
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Poland
    • The Czech Republic
    • Greece
    • Rest of Eastern Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia & New Zealand
    • Indonesia
    • Malaysia
    • Philippines
    • Singapore
    • Thailand
    • Vietnam
    • Rest of APAC
  • Latin America
    • Brazil
    • Colombia
    • Chile
    • Argentina
    • Costa Rica
    • Rest of Latin America
  • Middle East & Africa
    • Algeria
    • Egypt
    • Israel
    • Kuwait
    • Nigeria
    • Saudi Arabia
    • South Africa
    • Turkey
    • United Arab Emirates
    • Rest of MEA

Competitive Landscape 

The competitive landscape of the market has also been examined in this report. Some of the major players include,

Recent Development of the Proteomics Market

  • Bruker Corporation introduced the new nano Elute 2 nano-LC, MetaboScape, and TASQ software in August 2022 to promote the study of protein-protein interaction and metaproteomics applications. These products also support fluxomics and the most recent developments in PaSER intelligent acquisition.
  • Thermo Fischer Scientific, a leader in scientific services, and Protein Metrics, a creator of top-notch software tools for protein characterization, collaborated in March 2001 to provide advanced mass spectrometry data processing and analysis capabilities to drive innovation across the biopharmaceutical and proteomics applications, from research and development quality control.

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Free Your Hands, QIDI Vida Smart AR Glasses Lead the Way in New Sports Experience.

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NEW YORK, April 19, 2024 /PRNewswire/ — Outdoor smart AR glasses, QIDI Vida, will officially launch on 23rd April on the Kickstarter platform.  QIDI Vida integrates the many functions of smart watches, sports headphones, cycling computers, heart rate monitors, and walkie-talkies using AR+AI technology, allowing users to bid farewell to cumbersome device management and enjoy outdoor sports anytime, anywhere with just one pair of glasses.

 
Function:
QIDI Vida uses high-tech HUD (Head-Up Display) which is similar to the technology used for aircrafts and premium cars and introduces it to the sports industry. Users can activate the HUD function at any time using voice control, enabling them to focus on the route ahead whilst simultaneously having access to information such as navigation, speed, heart rate, power and cadence, among other metrics. Another great function of the QIDI Vida is that users can also enjoy audiovisual entertainment through the optically perceived 100-inch AR  HUD screen, when having some down time. 
As cyclists and hikers often travel in groups, QIDI Vida supports eSIM and team functionality, allowing real-time voice communication without releasing handlebars, and users can monitor their groups’ real-time locations. The glasses also have comprehensive sensing and monitoring capabilities including temperature, humidity, UV, air pressure, geomagnetism and acceleration. In addition to obtaining environmental and health information, it also features health warnings such as altitude sickness symptoms and high heart rate, as well as fall and collision detection functions. And, in the event of danger, it can send distress signals to teammates.
Perks:
QIDI Vida has a global voice recognition and interaction feature that allows you to control all functions within the device by voice. To better provide users with an immersive sports experience, QIDI Vida’s intelligent system will have the capability to instantly gather personalised sports data, enabling it to deliver timely voice alerts and broadcasts, including the duration of exercise, distance, the environment and the weather – all tailored to the user’s preferences.
QIDI Vida enables voice-controlled photos and video recordings, allowing users to capture moments whilst cycling or hiking without the need to stop. QIDI Vida supports connections with common cycling smart hardware such as Garmin, Wahoo, Apple, and Samsung, supports GPX route files, and is compatible with professional sports apps such as Strava, Keep, Zwift, Apple Health, and All Trails.
QIDI Vida stands out for its lightweight and comfortable design with a dual lens for a full-colour data display, unlike competing AR glasses that typically have a single lens and limited colour. This innovation significantly enhances and augments the user’s sports and reality experience.
QIDI Vida will launch on the Kickstarter platform: https://www.kickstarter.com/projects/109560964/qidi-vida-smart-ar-glasses-for-sports
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Risk Analytics Market worth $180.9 billion by 2029 – Exclusive Report by MarketsandMarkets™

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CHICAGO, April 19, 2024 /PRNewswire/ — The growing use of real-time monitoring and advanced analytics, integration with cutting-edge technologies like blockchain and IoT, and an emphasis on cybersecurity, cross-industry applications, and regulatory compliance are the key factors that will shape the risk analytics market in the future. The market’s development will also be influenced by collaborative risk management, improved user experience, and an increasing focus on ESG factors and risk culture.

The Risk Analytics Market is estimated to grow from USD 59.7 billion in 2024 to USD 180.9 billion in 2029, at a CAGR of 24.8% during the forecast period, according to a new report by MarketsandMarkets™.  Several trends fuel the global spread of Risk Analytics. Increasingly Increasing Data Complexity, Rising Cybersecurity Threats and Rising Adoption of Cloud-Based Solutions A growing talent pool of data scientists and engineers is building the necessary tools and infrastructure. Governments are recognizing the potential of risk analytics for economic growth and are investing in research and development. These trends make DI more accessible and valuable, leading to its global adoption.
Browse in-depth TOC on “Risk Analytics Market”260 – Tables 60 – Figures350 – Pages
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=210662258
Scope of the Report
Report Metrics
Details
Market size available for years
2019–2023
Base year considered
2023
Forecast period
2024–2029
Forecast units
USD Billion
Segments Covered
Offering,Risk Type, Risk stages, Vertical, and Region.
Geographies covered
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America
Companies covered
IBM (US), SAS Institute (US), Oracle (US), FIS(US), Moody’s Analytics (US), ProcessUnity(US), ServiceNow (US), Marsh (US), Aon (UK), MetricStream (US), Resolver (Canada), SAP (Germany), Milliman(US), LogicManager(US), Provenir(US), SAI360(US), Deloitte(UK), OneTrust(US), Diligent(US), Alteryx(US), CRISIL(India), Archer(US), ZestyAI(US), Fusion Risk Management(US), RiskVille(Ireland), SPIN Analytics(UK), Kyvos Insights(US), Imperva(US), Cirium(UK), Quantexa(UK), ClickUp(US), Sprinto(US), Ventiv(US), Adenza(US), Centrl.AI(Canada), SafetyCulture(Australia), Quantifi(US), CubeLogic(UK), Onspring(US), Riskoptics(US)
 
By offering the services segment to account for higher CAGR during the forecast period
In the Risk Analytics Market, the highest CAGR of services is fueled by Increasing Complexity of Risks, AI and machine learning advancements, big data analytics integration, business process optimization, cloud-based solutions adoption, data-driven culture, and diverse industry adoption. These trends reflect a global shift towards leveraging data for competitive advantage, driving a continuous need for sophisticated risk analytics services across sectors. As businesses prioritize agility, the growth of services in the Risk Analytics Market is driven by the need for effective risk management strategies in an increasingly complex and uncertain business environment.
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By Type, GRC software is expected to hold the largest market size for the year 2024
GRC software typically offers comprehensive solutions that cover a wide range of risk management needs, including compliance management, policy management, audit management, and risk assessment. They also provide organizations with enhanced visibility into their risk landscape. Through features such as risk assessment, risk monitoring, and reporting, organizations can identify and prioritize risks more effectively, enabling proactive risk management strategies.  GRC software streamlines risk management processes through automation, reducing manual effort and increasing efficiency. Tasks such as risk assessments, control testing, and incident management can be automated, freeing up resources to focus on strategic risk mitigation efforts. the combination of comprehensive functionality, regulatory compliance support, efficiency gains, scalability, integration capabilities, and culture enhancement makes GRC software a preferred choice for many organizations seeking to manage risk effectively.
By Vertical, Healthcare & Life Sciences is projected to grow at the highest CAGR during the forecast period
The Healthcare and Lifesciences is experiencing a surge in the adoption of risk analytics due to a confluence of factors. Healthcare providers and life sciences companies wants to ensure the safety and well-being of patients. Risk analytics helps in identifying potential risks to patient safety, such as medication errors, adverse events, and medical device failures. The healthcare and life sciences industries are heavily regulated, with strict guidelines for patient care, data privacy, drug development, and clinical trials. Risk analytics helps organizations ensure compliance with these regulations by identifying and mitigating risks of non-compliance.  Healthcare organizations and life sciences companies also face financial risks associated with fraud, billing errors, revenue cycle management, and reimbursement challenges. Risk analytics helps in detecting anomalies and optimizing financial processes to mitigate these risks.
Asia Pacific is expected to grow at the highest CAGR during the forecast period
The Asia-Pacific (APAC) region is experiencing rapid growth in the Risk Analytics Market, boasting the highest Compound Annual Growth Rate (CAGR). This surge is primarily attributed to rising demand for data-driven decision-making solutions, expanding digital transformation initiatives across industries.. Moreover, the region’s favorable regulatory environment, growing investments in big data analytics, and the integration of advanced technologies like the Internet of Things (IoT) further propel APAC’s dominance in Risk Analytics Market growth.
Top Key Companies in Risk Analytics Market:
The major risk analytics software and service providers include IBM (US), SAS Institute (US), Oracle (US), FIS(US), Moody’s Analytics (US), ProcessUnity(US), ServiceNow (US), Marsh (US), Aon (UK), MetricStream (US), Resolver (Canada), SAP (Germany), Milliman(US), LogicManager(US), Provenir(US), SAI360(US), Deloitte(UK), OneTrust(US), Diligent(US), Alteryx(US), CRISIL(India), Archer(US), ZestyAI(US), Fusion Risk Management(US), RiskVille(Ireland), SPIN Analytics(UK), Kyvos Insights(US), Imperva(US), Cirium(UK), Quantexa(UK), ClickUp(US), Sprinto(US), Ventiv(US), Adenza(US), Centrl.AI(Canada), SafetyCulture(Australia), Quantifi(US), CubeLogic(UK), Onspring(US), Riskoptics(US). These companies have used both organic and inorganic growth strategies such as product launches, acquisitions, and partnerships to strengthen their position in the Risk Analytics Market.
Recent Developments:
In March 2024, Orcale announced Oracle Risk Management Cloud in Release 24B. It offers comprehensive solution designed to help organizations identify, assess, and mitigate risks across their business operations. It offers advanced analytics, automation, and collaboration tools to streamline risk management.In March 2024, FIS Global announces card fraud detection capabilities leveraging artificial intelligence (AI) with aim to bolster FIS’s ability to identify and prevent fraudulent transactions, providing greater security for cardholders and financial institutions alike.In March 2024, Aon acquired an AI-powered platform to assist fleet and mobility clients in making data-driven decisions, enhancing operational efficiency and risk management. The platform utilizes artificial intelligence to analyze data and provide insights, enabling clients to optimize their fleet operations and improve decision-making processes.In March 2024, Crisp joined Resolver, with the aim to enhance Resolver’s risk intelligence capabilities by integrating Crisp’s expertise and technology into its platform, offering clients improved risk assessment and mitigation tools.In February 2024, SAS partnered with Carahsoft to bring analytics, AI, and data management solutions to the public sector. The aim is to leverage SAS’s expertise in advanced analytics and Carahsoft’s extensive government market reach to offer tailored solutions that enable public sector organizations to harness the power of data for informed decision-making and improved outcomes.Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=210662258
Risk Analytics Market Advantages:
By offering insights into potential risks, opportunities, and trends, risk analytics helps organisations make data-driven decisions that improve strategic planning and resource allocation.In order to improve risk management procedures and lessen exposure to possible threats, risk analytics solutions assist businesses in identifying, evaluating, and mitigating risks across a range of business activities, including finance, operations, and compliance.Through real-time monitoring and anomaly detection made possible by risk analytics, organisations may proactively address shifting market situations, legal requirements, and cybersecurity threats.Risk analytics solutions assist organisations lower operating costs, increase productivity, and streamline compliance activities, which results in cost savings and resource optimisation. They do this by streamlining risk management procedures and automating routine work.Accurate risk assessments, audit trails, and reporting capabilities are just a few of the ways that risk analytics solutions help organisations comply with regulations and stay out of trouble.Organisations can enhance their resilience and competitiveness by anticipating and mitigating potential hazards before they materialise through the use of predictive modelling and advanced analytics approaches in risk analytics.Report Objectives
To define, describe, and predict the Risk Analytics Market by offering, risk type, risk stages, vertical, and regionTo provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the market growthTo analyze the opportunities in the market and provide details of the competitive landscape for stakeholders and market leadersTo forecast the market size of segments with respect to five main regions: North America, Europe, Asia Pacific, Middle East & Africa, and Latin AmericaTo profile the key players and comprehensively analyze their market rankings and core competenciesTo analyze the competitive developments, such as partnerships, product launches, and mergers & acquisitions, in the Risk Analytics MarketBrowse Adjacent Markets: Analytics Market Research Reports & Consulting
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Robotic Palletizer Market worth $1.9 billion by 2029 – Exclusive Report by MarketsandMarkets™

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CHICAGO, April 19, 2024 /PRNewswire/ — The robotic palletizer market is projected to grow from USD 1.4 billion in 2024 and is expected to reach USD 1.9 billion by 2029, growing at a CAGR of 5.9% from 2024 to 2029 according to a new report by MarketsandMarkets™. Rising awareness towards workplace safety and reducing the risk of work-related injuries to drive the market. Robotic palletizers significantly enhance workplace safety and reduce the risk of work-related injuries and associated costs. By automating repetitive tasks like palletizing, businesses can redeploy their human workforce to higher-value activities that require human skills like problem-solving, critical thinking, and customer interaction. This allows them to optimize their workforce and leverage human capabilities more effectively.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=251064253
Browse in-depth TOC on “Robotic Palletizer Market” 100 – Tables60 – Figures200 – Pages
Robotic Palletizer Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 1.4 billion
Estimated Value by 2029
$ 1.9 billion
Growth Rate
Poised to grow at a CAGR of 5.9%
Market Size Available for
2020–2029
Forecast Period
2024–2029
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By Component, Robot Type, Application, End-use Industry and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
High initial investment cost
Key Market Opportunities
Increasing application in small and medium-sized enterprises
Key Market Drivers
Growing labor shortage and need for workforce optimization
 
Collaborative robots in the robot type segment are expected to witness higher growth rate during the forecast period.
Collaborative robots are expected to witness a higher CAGR during the forecast period. Unlike traditional industrial robots that often require physical barriers or cages to protect human workers, cobots are equipped with advanced safety features, such as force and torque sensors, collision detection, and speed monitoring. These features enable cobots to operate safely in proximity to humans without posing significant risks of injury.
The Pharmaceutical segment in the robotic palletizer market is expected to witness highest growth rate during the forecast period.
Pharmaceutical products are subject to strict regulations regarding storage, handling, and quality control. Robotic palletizers play a crucial role in providing greater precision and consistency in palletizing tasks and minimizing the risk of contamination within pharmaceutical manufacturing facilities. It also reduces human intervention in the handling and stacking of products and helps mitigate the potential for cross-contamination and ensures adherence to strict hygiene standards.
End-of-Arm- Tooling (EOAT) component is expected to witness the highest CAGR in the robotic palletizer market during the forecast period.
End-of-arm tooling (EOAT) is a crucial element of a robotic arm system, especially in applications like robotic palletizing, where the robot needs to interact with various objects or products. EOAT essentially acts as the hand of the robotic arm, designed to securely grasp, lift, and place boxes or cases onto pallets. Overall, EOAT plays a vital role in the effectiveness of robotic palletizers as it ensures secure handling of products, efficient palletizing patterns, and smooth operation of the entire system.
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North America is expected to hold the largest share of the robotic palletizer industry during the forecast period.
North America is home to major automobile and retail companies, which has accelerated the demand for robotic palletizers in this region. Additionally, the rise in manufacturing activity, fueled by plans for reshoring and technological improvements, has further driven the need for robotic palletizers. In North America, certain government funds are available to increase workplace safety. In 2023, the Occupational Safety and Health Administration announced a grant of approximately USD 12.7 million to 100 non-profit organizations across the nation to provide education and training for workers and employers about recognizing workplace hazards, injury prevention, and understanding workers’ rights and employers’ responsibilities under federal law. Businesses that use robotic palletizers may be eligible for funding as they lower the risk of worker injuries from manual lifting.
Key Players
Leading players in the robotic palletizer companies include FANUC CORPORATION (Japan), KION GROUP AG (Germany), KUKA AG (Germany), ABB (Switzerland), and Krones AG (Germany). Schneider Packaging Equipment Company, Inc. (US), Honeywell International Inc. (US), Kaufman Engineered Systems (US), Concetti S.p.A. (Italy), Sidel (France), Brenton, LLC. (US), A-B-C Packaging Machine Corporation (US), Antenna Group (Italy), BEUMER GROUP (Germany), Brillopak (UK), BW Integrated Systems (US), Columbia Machine, Inc. (US), Euroimpianti S.p.A. (Italy),  Fuji Yusoki Kogyo Co., Ltd. (Japan), HAVER & BOECKER OHG (Germany), KHS Group (Germany), MMCI  (US), Okura Yusoki Co., Ltd. (Japan), Rothe Packtech Pvt. Ltd. (India),  and S&R Robot Systems, LLC. (US) are few other key companies operating in the robotic palletizer market.
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