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ASIA-PACIFIC FOOD ROBOTICS MARKET 2019-2028

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Ashish @Ashish2 · Jul 16, 2020

The Asia-Pacific food robotics market is expected to make progress, with a CAGR of 18.82% in terms of revenue throughout the estimated period 2019-2028.

The countries studied in this market include:

•         Japan

•         China

•         India

•         South Korea

•         ASEAN countries

•         Australia & New Zealand

•         Rest of APAC

Food & beverage is among one of the industries to have greatly benefited by the advent of robotics and automation. Though the adoption of automation in India's F&B industry is relatively low when compared to global standards, several leading players in this market implement automation at a certain level.

The latest trends in automation indicate a shift towards centralization, including setting up central control rooms to monitor and control operations. As the F&B industry deals with a large volume of products, different fronts are available for automation initiatives. Automation can also be applied to packaging processes so as to improve the speed of packing and reduce the need for employing more people. Factors such as the growing demand for robotics and high returns drive the country's food robotics market, in which, there is a major investment for collaborative robots.

China has one of the world's largest robotics industries. At present, the country ranks 23rd globally in terms of robot density. It is expected to go a few notches higher the ladder in the coming years. The growth in production implies an increase in the demand for food robots, which, in turn, is propelling the Chinese food robotics market.

Moreover, some restaurants, fast food chains, and cafés in China have long adopted kitchen-side automation. For instance, Houhaa restaurant in China's Harbin has deployed a range of customer-friendly robots, designed and manufactured by the Haohai Robot Industry Co Ltd. all these factors spell growth for China's food robotics market over the coming period.

Kawasaki Heavy Industries Limited (Kawasaki) offers a wide variety of industrial robots. Its product lineup consists of K series, R series, Y series, Z series, and other such robot models. A large product offering and a well-spread revenue base enable the group to serve a wider customer base and also tap new market opportunities. The company is headquartered in Kobe, Japan.

 The top key players in the food robotics market are Fanuc Corporation, Kawasaki Heavy Industries Ltd, ABB Ltd (ABB Robotics), Mitsubishi Electric Corporation, Robert Bosch GmbH, Rockwell Automation Inc, Flexicell, Kuka AG, Precise Automation Inc, Mayekawa Mfg Co Ltd, Bastian Solutions Inc, Seiko Epson Corporation, Yaskawa Electric Corporation, Universal Robots, and Stäubli International AG.