Bin Picking is a technology in which a robot, equipped with a 3D camera, takes parts out of a container filled with unorganized, often irregularly shaped pieces and aligns them properly before sending them to the next station. The challenge is to process differently shaped objects held in containers in an entirely random order.
The Bin Picking Robot industry can be broken down into several segments, Suitable for Small Part Sizes, Suitable for Medium Part Sizes, Suitable for Large Part Sizes, etc.
Across the world, the major players cover Fanuc, Universal Robots, KUKA, Yaskawa Motoman, ABB, Techman Robot, Kawasaki, Nachi, Comau, EPSON Robots, etc.
According to the new market research report “Bin Picking Robot – Global Market Insights and Sales Trends 2024”, published by QYResearch, the global Bin Picking Robot market size is projected to reach USD 3.02 billion by 2029, at a CAGR of 11.8% during the forecast period.
- Global Bin Picking Robot MarketSize(US$ Million), 2018-2029
Source: QYResearch, “Bin Picking Robot – Global Market Insights and Sales Trends 2024”
- Global Bin Picking Robot Top10 Players Rankingand Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: QYResearch, “Bin Picking Robot – Global Market Insights and Sales Trends 2024”
The global key manufacturers of Bin Picking Robot include Universal Robots, Fanuc, Techman Robot , ABB, KUKA, Yaskawa (Motoman), Kawasaki, Nachi, DENSO Robotics, Staubli, etc.
In 2022, the global top five players had a share approximately 62.0% in terms of revenue.
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