Articulated Robot Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

An articulated robot possesses a robotic arm that utilizes a rotary joint to perform specific movements consistently and repeatedly. Articulated robots are mostly used in manufacturing industries for applications such as material handling, assembling, welding, picking, sealing, cutting, painting and spraying, and machine tending.

MARKET DYNAMICS

An increase in automation and the rising necessity for precise operation in assembly lines are some of the major factors driving the growth of the articulated robot market. However, the high initial investment is one of the major factors which may restrain the growth of the articulated robot market. Nevertheless, the need for application-specific robots provides a major opportunity for market expansion.

MARKET SCOPE

The Global Articulated Robot Market Analysis to 2031 is a specialized and in-depth study of the articulated robot market with a special focus on the global market trend analysis. The report aims to provide an overview of articulated robot market with detailed market segmentation by payload, function, industry. The global articulated robot market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading articulated robot market players and offers key trends and opportunities in the articulated robot market.

MARKET SEGMENTATION

The global articulated robot market is segmented on the basis of payload, function, industry. On the basis of payload, the market is segmented as up to 16.00 Kg, 16.01 " 60.00 Kg, 60.01 " 225.00 Kg, more than 225.00 Kg. On the basis of function, the market is segmented as handling, welding, dispensing, assembly, processing, others. On the basis of industry, the market is segmented as automotive, electrical & electronics, metal & machinery, food & beverages, precision engineering and optics, pharmaceuticals & cosmetics, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global articulated robot market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The articulated robot market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting articulated robot market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the articulated robot market in these regions.

Articulated Robot Market Report Analysis

Articulated Robot Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• ABB Ltd.
• KUKA AG
• Mitsubishi Electric Corp.
• FANUC Corporation
• Kawasaki Heavy Industries Ltd.
• DENSO WAVE INCORPORATED
• Omron Adept Technology, Inc.
• Nachi-Fujikoshi Corp
• Yaskawa Electric Corporation

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Payload

• Up to 16.00 Kg
• 16.01 A

By Function

• Handling
• Welding
• Dispensing
• Assembly
• Processing

By Industry

• Automotive
• Electrical and Electronics
• Metal and Machinery
• Food and Beverages
• Precision Engineering and Optics
• Pharmaceuticals and Cosmetics

MARKET PLAYERS

The reports cover key developments in the articulated robot market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from articulated robot market are anticipated to lucrative growth opportunities in the future with the rising demand for articulated robot market. Below mentioned is the list of few companies engaged in the articulated robot market.

The report also includes the profiles of key articulated robot market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   ABB Ltd.
•   KUKA AG
•   Mitsubishi Electric Corp.
•   FANUC Corporation
•   Kawasaki Heavy Industries Ltd.
•   DENSO WAVE INCORPORATED
•   Omron Adept Technology, Inc.
•   Nachi-Fujikoshi Corp
•   Yaskawa Electric Corporation
•   Seiko Epson Corporation

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Articulated Robot Market Report Scope