Global Articulated Robot Market will exhibit a growth of 24.54% for the forecast period of 2021-2028

 

Global Articulated Robot Market Analysis and Insights:

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 addressing the necessity to safely deal with the industrial-grade operations and the value chain analysis are to further challenge the growth of the articulated robot market in near future.

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Global Articulated Robot Market Scope and Market Size:

Following are types:

  • 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.

 Global Articulated Robot Market Country Level Analysis:

Asia-Pacific dominates the articulated robot market because of the low cost of labour and less cost of production, which supports the several manufacturers to set up their manufacturing units. The countries covered in the global articulated robot market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, 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), Brazil, Argentina and Rest of South America as part of South America.

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Competitive Landscape & 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.

 

Major Players:

  • 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
  •  

Major TOC of the Report:

Chapter One: Introduction

Chapter Two: Market Segmentation

Chapter Three: Market Overview 

Chapter Four: Executive Summary

Chapter Five: Premium Insight

Chapter Six: COVID-19 Impact on Global Articulated Robot Market

 

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