Global market for packaging robots 2016-2020

In a new report, Technavio’s market research analysts predict the global packaging robots market to grow at a CAGR of over 9% between 2016 and 2020.
The pharmaceutical end-user segment is expected to showcase the fastest growth in the market with a CAGR of more than 10%. In the pharmaceutical industry, packaging robots are deployed for processes such as packaging, R&D, and production. The rapidly aging population of countries, such as China, Japan, and the US triggers a need for sophisticated medical devices and new effective drugs, spurring an increase in the adoption of packaging robots. The key vendors in the global packaging robots market include ABB, FANUC, KUKA, and Yaskawa.
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Click here for more information about the report.
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