Market Research News Packaging Automation Market | Page 6

Moreover, increasing advanced technological developments such as autonomous
robots, packaging robots, digital manufacturing and others are anticipated to be the
dynamic factor behind the growth of packaging automation market. Packaging
automation market is growing on back of rapid urbanization and growing
industrialization. Additionally, increased concerns for labor safety and adoption of
automation to ensure quality production are also anticipated to grow the demand
for packaging automation over the forecast period. Moreover, lack of skilled labor
and rising per capita income of developing nations is expected to foster the growth
of packaging automation market.
However, high initial investment associated with the packaging automation is
anticipated to dampen the growth of global packaging automation market over the
forecast period. Moreover, high maintenance associated with packaging automation
is expected to hamper the growth of this market.
Key players
The major key players for packaging automation market are as follows
Schneider Electric SE
Company Overview
Key Product Offerings
Business Strategy
SWOT Analysis
Financials
Rockwell Automation
Siemens AG
ABB Ltd.
Mitsubishi Electric Corporation
Automated Packaging Systems
Emerson Electric Co.
Beumer Group GmbH & Co.
Swisslog Holding AG
Kollmorgen
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