Articulated Robot Market is estimated to witness surging demand at a CAGR of 24.54% by 2028
The Articulated Robot Market is expected to witness market growth at a rate of 24.54% in the forecast period of 2021 to 2028.
Industry Analysis
Articulated robots are robots whose arms have a
smallest of three rotary joints. Articulated robots have made the industrial
manufacturing procedure fast and precise. They are utilized in industries for
several implementations involving material handling, welding, load/unload, bin
picking, assembly, processing, washing, and painting amongst others.
Articulated robots provide the production efficacy to industries as they can
deal with the products which are too heavy and dangerous for humans to handle
and the robots can work with minimal rest in comparison to the humans.
Articulated robots are exceptionally durable, produce detailed outputs for
long-term processes and can achieve complex task on behalf of humans. The
utilization of articulated robots in manufacture has led to the upsurge in the
product quality as articulated robots offer more precise outputs than manual
labour.
Factors such as the growing funds for the automation
in industries, the rising need from SMEs in the emerging nations, because of
the increase in the demand for the accurate operation in assembly lines, the
amplified mechanisation and the increasing investment in the automation
industry and the need for industrial robots is growing are the few factors
expected to boost the growth of the articulated robot market in the forecast
period. However, the high global connection price for low-volume manufacture
applications is anticipated to most likely hamper the growth of the articulated
robot market in coming years. Additionally, the growing need for low-cost
articulated robots capable of working in collaboration with humans are to
further extend profitable opportunities for the growth of the articulated robot
market throughout the forecast period. Despite that, the manufacturing advanced
robotic systems to meet customer needs in the era of IIoT
Articulated
Robot Market Scope and Market Size
The articulated robot market is segmented on the basis
of payload, function and industry. The growth among segments helps you analyse
niche pockets of growth and strategies to approach the market and determine
your core application areas and the difference in your target markets.
Based on
the payload, the articulated robot market is segmented into
·
up to 16.00 kg,
·
16.01–60.00 kg,
·
60.01 – 225.00 kg,
·
More than 225.00 kg.
Based on
the function, the articulated robot market is segmented into
·
handling,
·
welding,
·
dispensing,
·
assembly,
·
processing,
·
Others.
Based on
the industry, the articulated robot market is segmented into
·
automotive,
·
electrical and electronics,
·
metal and machinery,
·
food and beverages,
·
precision engineering and optics,
·
pharmaceuticals and cosmetics,
·
others.
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Articulated
Robot Market Country Level Analysis
The articulated robot market is analysed and market
size, volume information is provided by country, payload, function and industry
as referenced above.
The
countries covered in the articulated robot market report are the
·
U.S.
·
Canada and Mexico in North America
·
Brazil
·
Argentina and Rest of South America
as part of South America
·
Germany
·
Italy
·
U.K.
·
France
·
Spain
·
Netherlands
·
Belgium
·
Switzerland
·
Turkey
·
Russia
·
Rest of Europe in Europe
·
Japan
·
China
·
India
·
South Korea
·
Australia
·
Singapore
·
Malaysia
·
Thailand
·
Indonesia
·
Philippines
·
Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC)
·
Saudi Arabia
·
U.A.E
·
South Africa
·
Egypt
·
Israel
·
Rest of Middle East and Africa
(MEA) as a part of Middle East and Africa (MEA).
Competitive
Landscape and Articulated Robot Market Share Analysis
The articulated robot market competitive landscape
provides details by competitor. Details included are company overview, company
financials, revenue generated, market potential, investment in research and
development, new market initiatives, regional presence, company strengths and
weaknesses, product launch, product width and breadth, application dominance.
The above data points provided are only related to the companies’ focus related
to articulated robot market.
The major
players covered in the articulated robot market report are
·
ABB,
·
Omron Corporation,
·
Comau,
·
DAIHEN Corporation,
·
DENSO WAVE INCORPORATED,
·
Ellison Technologies, Inc.,
·
Epson America, Inc.,
·
FANUC CORPORATION,
·
Genmark Automation, Inc.,
·
Kawasaki Heavy Industries, Ltd.,
·
Mitsubishi Electric Corporation,
·
NACHI-FUJIKOSHI CORP.,
·
Panasonic Corporation,
·
Rethink Robotics,
·
Robert Bosch GmbH,
·
Rockwell Automation, Inc.,
·
SCHUNK GmbH & Co. KG.,
·
Stäubli International AG.,
·
TOSHIBA MACHINE CO., LTD,
·
Universal Robots,
·
YRG Inc.,
·
YASKAWA ELECTRIC CORPORATION.
·
Among other
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MAJOR TOC OF THE REPORT
Ø Chapter One: Introduction
Ø Chapter Two: Market Segmentation
Ø Chapter Three: Market Overview
Ø Chapter Four: Executive Summary
Ø Chapter Five: Premium Insights
Ø Chapter Six: Global Articulated Robot Market by
Product & Procedure type
Get TOC
Details: https://www.databridgemarketresearch.com/toc/?dbmr=global-articulated-robot-market
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