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Articulated Robot Market by Payload, Function, Industry And Geography - Global Forecast to 2023LONDON, June 6, 2018 /PRNewswire/ -- Articulated robot market expected to grow at significant rate between 2018 and 2023 The articulated robots have been adopted in these countries for a myriad of industrial applications.However, Europe is expected to hold the second-largest share of the articulated robot market in 2018. The presence of a few top robot manufacturers, such as ABB (Switzerland) and KUKA (Germany), and also the presence of integrators, such as TRAPO AG (Germany), Toolmotion GmbH (Germany), and NIMAK GmbH (Germany), help the manufacturing as well as general industries to adopt articulated robots for achieving complete automatization. Also, the high rate of technological developments in the automotive industry is the key factor driving the growth of the market in Europe. Breakdown of profile of primary participants: • By Company Type: Tier 1 = 35%, Tier 2 = 45%, and Tier 3 = 20% • By Designation: C-level Executives = 40%, Directors = 25%, and Others = 40% • By Region: North America = 25%, Europe = 20%, APAC = 40%, and RoW = 15% ABB (Switzerland), KUKA (Germany), Mitsubishi Electric (Japan), Fanuc (Japan), Kawasaki Heavy Industries (Japan), Denso (Japan), Omron Adept Technologies (US), Nachi-Fujikoshi (Japan), Yaskawa (Japan), and Seiko Epson (Japan) are some of the major companies dominating the articulated robot market. Research Coverage Articulated robots refer to industrial robots that are automatically controlled, reprogrammable, and multipurpose manipulator (robotic arm) and can be adopted for industrial automation applications.The articulated robot market has been segmented on the basis of payload, function, industry, and geography. Depending on the payload carrying capacity, the market has been segmented into up to 16.00 kg, 16.01–60.00 kg, 60.01–225.00 kg, and more than 225.00 kg. Depending on the functions performed by the articulated robots, the market has been segmented into handling, welding, dispensing, assembly, processing, and others. The articulated robot market has been segmented on the basis of industry into automotive; electrical and electronics; chemicals, rubber, and plastics; metals and machinery; food & beverages; precision engineering and optics; pharmaceuticals and cosmetics; and others (oil & gas; paper and printing; foundry and forging; ceramics and stone; construction; textiles and clothing; supply chain management; and wood). The report also forecasts the size and volume of the articulated robot market in 4 main regions—North America, Europe, APAC, and RoW. The report would help leaders/new entrants in this market in the following ways: 1. This report segments the articulated robot market comprehensively and provides the closest approximations of the overall market size and volume and that of the subsegments across different industries, functions, and regions. 2. The report helps stakeholders understand the pulse of the market and provides them the information on key market drivers, restraints, challenges, and opportunities. 3. This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, and product launches, partnerships, and mergers & acquisitions carried out in the articulated robot market. Download the full report: https://www.reportbuyer.com/product/5436665 About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +1 (718) 213 4904 Website: www.reportbuyer.com
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