Articulated Arm Machine Market SWOT Analysis by 2031
Articulated arms are considered to be as primarily used for applications partial to verticals such as automotive, aerospace, military and machine shops. But, gradually these arms are being deployed across applications in different industries such as animation, medical, and electronics, which is creating profitable opportunities for the articulated arm machine market in the forecast period.
MARKET DYNAMICS
The rising the demand for portable articulated arms is more as compared to fixed co-ordinate measuring machine (CMM) configurations due to use of multi-axis arms in measuring different parameters is driving the articulated arm machine market. The lack of awareness about the features of articulated arm machine may restrain the growth of the Articulated arm machine market. Furthermore, the escalating demand of portable CMM across different industries is anticipated to create market opportunities for the articulated arm machine market during the forecast period.
MARKET SCOPE
The "Global Articulated arm machine Market Analysis to 2031" is a specialized and in-depth study of the Articulated arm machine market with a special focus on the global market trend analysis. The report aims to provide an overview of Articulated arm machine market with detailed market segmentation by price range, application, and geography. The global Articulated arm machine market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Articulated arm machine market players and offers key trends and opportunities in the Articulated arm machine market.
MARKET SEGMENTATION
The global Articulated arm machine market is segmented on the basis of price range and application. Based on price range, the market is segmented into low, mid, and high. Similarly, on the basis of application the market is segmented into manufacturing, automotive, electrical and electronics, energy and power, aerospace, and 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 arm machine 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 arm machine 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 arm machine 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 arm machine market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Articulated arm machine 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 arm machine 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 arm machine 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 arm machine market in these regions.
MARKET PLAYERS
The reports cover key developments in the Articulated arm machine 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 arm machine market are anticipated to lucrative growth opportunities in the future with the rising demand for Articulated arm machine market. Below mentioned is the list of few companies engaged in the Articulated arm machine market.
The report also includes the profiles of key Articulated arm machine 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.
- Carl Zeiss AG
- FARO Technologies, Inc.
- Hexagon AB
- Mitutoyo Corporation
- Nikon Metrology NV
- Optical Gaging Products, Inc.
- Optical Metrology Services (OMS) Ltd.
- Renishaw PLC
- Semilab ZRT
- Trescal SA
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.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Articulated Arm Machine Market - By Price Range
1.3.2 Articulated Arm Machine Market - By Application
1.3.3 Articulated Arm Machine Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ARTICULATED ARM MACHINE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. ARTICULATED ARM MACHINE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. ARTICULATED ARM MACHINE MARKET - GLOBAL MARKET ANALYSIS
6.1. ARTICULATED ARM MACHINE - GLOBAL MARKET OVERVIEW
6.2. ARTICULATED ARM MACHINE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ARTICULATED ARM MACHINE MARKET - REVENUE AND FORECASTS TO 2028 - PRICE RANGE
7.1. OVERVIEW
7.2. PRICE RANGE MARKET FORECASTS AND ANALYSIS
7.3. LOW
7.3.1. Overview
7.3.2. Low Market Forecast and Analysis
7.4. MID
7.4.1. Overview
7.4.2. Mid Market Forecast and Analysis
7.5. HIGH
7.5.1. Overview
7.5.2. High Market Forecast and Analysis
8. ARTICULATED ARM MACHINE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. MANUFACTURING
8.3.1. Overview
8.3.2. Manufacturing Market Forecast and Analysis
8.4. AUTOMOTIVE
8.4.1. Overview
8.4.2. Automotive Market Forecast and Analysis
8.5. ELECTRICAL AND ELECTRONICS
8.5.1. Overview
8.5.2. Electrical and Electronics Market Forecast and Analysis
8.6. ENERGY AND POWER
8.6.1. Overview
8.6.2. Energy and Power Market Forecast and Analysis
8.7. AEROSPACE
8.7.1. Overview
8.7.2. Aerospace Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. ARTICULATED ARM MACHINE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Articulated Arm Machine Market Overview
9.1.2 North America Articulated Arm Machine Market Forecasts and Analysis
9.1.3 North America Articulated Arm Machine Market Forecasts and Analysis - By Price Range
9.1.4 North America Articulated Arm Machine Market Forecasts and Analysis - By Application
9.1.5 North America Articulated Arm Machine Market Forecasts and Analysis - By Countries
9.1.5.1 United States Articulated Arm Machine Market
9.1.5.1.1 United States Articulated Arm Machine Market by Price Range
9.1.5.1.2 United States Articulated Arm Machine Market by Application
9.1.5.2 Canada Articulated Arm Machine Market
9.1.5.2.1 Canada Articulated Arm Machine Market by Price Range
9.1.5.2.2 Canada Articulated Arm Machine Market by Application
9.1.5.3 Mexico Articulated Arm Machine Market
9.1.5.3.1 Mexico Articulated Arm Machine Market by Price Range
9.1.5.3.2 Mexico Articulated Arm Machine Market by Application
9.2. EUROPE
9.2.1 Europe Articulated Arm Machine Market Overview
9.2.2 Europe Articulated Arm Machine Market Forecasts and Analysis
9.2.3 Europe Articulated Arm Machine Market Forecasts and Analysis - By Price Range
9.2.4 Europe Articulated Arm Machine Market Forecasts and Analysis - By Application
9.2.5 Europe Articulated Arm Machine Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Articulated Arm Machine Market
9.2.5.1.1 Germany Articulated Arm Machine Market by Price Range
9.2.5.1.2 Germany Articulated Arm Machine Market by Application
9.2.5.2 France Articulated Arm Machine Market
9.2.5.2.1 France Articulated Arm Machine Market by Price Range
9.2.5.2.2 France Articulated Arm Machine Market by Application
9.2.5.3 Italy Articulated Arm Machine Market
9.2.5.3.1 Italy Articulated Arm Machine Market by Price Range
9.2.5.3.2 Italy Articulated Arm Machine Market by Application
9.2.5.4 United Kingdom Articulated Arm Machine Market
9.2.5.4.1 United Kingdom Articulated Arm Machine Market by Price Range
9.2.5.4.2 United Kingdom Articulated Arm Machine Market by Application
9.2.5.5 Russia Articulated Arm Machine Market
9.2.5.5.1 Russia Articulated Arm Machine Market by Price Range
9.2.5.5.2 Russia Articulated Arm Machine Market by Application
9.2.5.6 Rest of Europe Articulated Arm Machine Market
9.2.5.6.1 Rest of Europe Articulated Arm Machine Market by Price Range
9.2.5.6.2 Rest of Europe Articulated Arm Machine Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Articulated Arm Machine Market Overview
9.3.2 Asia-Pacific Articulated Arm Machine Market Forecasts and Analysis
9.3.3 Asia-Pacific Articulated Arm Machine Market Forecasts and Analysis - By Price Range
9.3.4 Asia-Pacific Articulated Arm Machine Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Articulated Arm Machine Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Articulated Arm Machine Market
9.3.5.1.1 Australia Articulated Arm Machine Market by Price Range
9.3.5.1.2 Australia Articulated Arm Machine Market by Application
9.3.5.2 China Articulated Arm Machine Market
9.3.5.2.1 China Articulated Arm Machine Market by Price Range
9.3.5.2.2 China Articulated Arm Machine Market by Application
9.3.5.3 India Articulated Arm Machine Market
9.3.5.3.1 India Articulated Arm Machine Market by Price Range
9.3.5.3.2 India Articulated Arm Machine Market by Application
9.3.5.4 Japan Articulated Arm Machine Market
9.3.5.4.1 Japan Articulated Arm Machine Market by Price Range
9.3.5.4.2 Japan Articulated Arm Machine Market by Application
9.3.5.5 South Korea Articulated Arm Machine Market
9.3.5.5.1 South Korea Articulated Arm Machine Market by Price Range
9.3.5.5.2 South Korea Articulated Arm Machine Market by Application
9.3.5.6 Rest of Asia-Pacific Articulated Arm Machine Market
9.3.5.6.1 Rest of Asia-Pacific Articulated Arm Machine Market by Price Range
9.3.5.6.2 Rest of Asia-Pacific Articulated Arm Machine Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Articulated Arm Machine Market Overview
9.4.2 Middle East and Africa Articulated Arm Machine Market Forecasts and Analysis
9.4.3 Middle East and Africa Articulated Arm Machine Market Forecasts and Analysis - By Price Range
9.4.4 Middle East and Africa Articulated Arm Machine Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Articulated Arm Machine Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Articulated Arm Machine Market
9.4.5.1.1 South Africa Articulated Arm Machine Market by Price Range
9.4.5.1.2 South Africa Articulated Arm Machine Market by Application
9.4.5.2 Saudi Arabia Articulated Arm Machine Market
9.4.5.2.1 Saudi Arabia Articulated Arm Machine Market by Price Range
9.4.5.2.2 Saudi Arabia Articulated Arm Machine Market by Application
9.4.5.3 U.A.E Articulated Arm Machine Market
9.4.5.3.1 U.A.E Articulated Arm Machine Market by Price Range
9.4.5.3.2 U.A.E Articulated Arm Machine Market by Application
9.4.5.4 Rest of Middle East and Africa Articulated Arm Machine Market
9.4.5.4.1 Rest of Middle East and Africa Articulated Arm Machine Market by Price Range
9.4.5.4.2 Rest of Middle East and Africa Articulated Arm Machine Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Articulated Arm Machine Market Overview
9.5.2 South and Central America Articulated Arm Machine Market Forecasts and Analysis
9.5.3 South and Central America Articulated Arm Machine Market Forecasts and Analysis - By Price Range
9.5.4 South and Central America Articulated Arm Machine Market Forecasts and Analysis - By Application
9.5.5 South and Central America Articulated Arm Machine Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Articulated Arm Machine Market
9.5.5.1.1 Brazil Articulated Arm Machine Market by Price Range
9.5.5.1.2 Brazil Articulated Arm Machine Market by Application
9.5.5.2 Argentina Articulated Arm Machine Market
9.5.5.2.1 Argentina Articulated Arm Machine Market by Price Range
9.5.5.2.2 Argentina Articulated Arm Machine Market by Application
9.5.5.3 Rest of South and Central America Articulated Arm Machine Market
9.5.5.3.1 Rest of South and Central America Articulated Arm Machine Market by Price Range
9.5.5.3.2 Rest of South and Central America Articulated Arm Machine Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. ARTICULATED ARM MACHINE MARKET, KEY COMPANY PROFILES
11.1. CARL ZEISS AG
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. FARO TECHNOLOGIES, INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. HEXAGON AB
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. MITUTOYO CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. NIKON METROLOGY NV
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. OPTICAL GAGING PRODUCTS, INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. OPTICAL METROLOGY SERVICES (OMS) LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. RENISHAW PLC
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SEMILAB ZRT
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TRESCAL SA
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Carl Zeiss AG
2. FARO Technologies, Inc.
3. Hexagon AB
4. Mitutoyo Corporation
5. Nikon Metrology NV
6. Optical Gaging Products, Inc.
7. Optical Metrology Services (OMS) Ltd.
8. Renishaw PLC
9. Semilab ZRT
10. Trescal SA
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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