Global Articulated Robot Market (2022 to 2027) - Industry Trends, Share, Size, Growth, Opportunity and Forecasts
DUBLIN, May 18, 2022 /PRNewswire/ -- The "Articulated Robot Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global articulated robot market reached a value of US$ 8.4 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 14.2 Billion by 2027, exhibiting a CAGR of 9.3% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
An articulated robot refers to a programmable machine that consists of rotary joints to allow a full range of motion. It has a minimum of two rotary joints and is commonly utilized in various industrial processes, such as material handling, welding, dispensing, assembling, cutting loading/unloading and painting. Articulated robots enhance operational efficiency while performing complex tasks and can handle heavy products or materials, which are unsafe or difficult for humans. These robots also generate accurate output, are highly durable, cost-effective and require minimal rest. Owing to these benefits, they find extensive applications across various industries, including automotive, aerospace, and electronics.
The emerging trend of factory automation is one of the key factors driving the growth of the market. Furthermore, the growing need for operational efficiency in assembly lines is also providing a boost to the market growth. Articulated robots have high payload capacity and can conveniently handle tasks with immense speed and precision.
Additionally, the growing electronics manufacturing services (EMS) industry across the globe is acting as another growth-inducing factor. These robots are extensively utilized to perform various functions, such as palletizing and welding, with superior positional capabilities and repeatability. Their functional features also include managing the minutest electronic components while minimizing the overall installation time and costs of implementing robotic solutions.
Other factors including, growing adoption of industrial robots, significant growth in the automotive industry, and product innovations, such as the introduction of soft and vacuum grippers for handling fragile products, are projected to drive the market further.
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being ABB Ltd., American Robot Corporation, Aurotek Corporation, Denso Wave Incorporated, Fanuc Corporation, Kawasaki Heavy Industries Ltd., Kuka Aktiengesellschaft (Midea Group), Mitsubishi Electric Corporation, Nachi-Fujikoshi Corp., Nimak GmbH, Seiko Epsn Corporation and Yaskawa Electric Corporation.
Key Questions Answered in this Report:
- How has the global articulated robot market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global articulated robot market?
- What are the key regional markets?
- What is the breakup of the market based on the payload?
- What is the breakup of the market based on the function?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global articulated robot market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction 4.1 Overview 4.2 Key Industry Trends
5 Global Articulated Robot Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast
6 Market Breakup by Payload 6.1 Up to 16 Kg 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 16 to 60 Kg 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 60 to 225 Kg 6.3.1 Market Trends 6.3.2 Market Forecast 6.4 More Than 225 Kg 6.4.1 Market Trends 6.4.2 Market Forecast
7 Market Breakup by Function 7.1 Handling 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Welding 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 Dispensing 7.3.1 Market Trends 7.3.2 Market Forecast 7.4 Assembling 7.4.1 Market Trends 7.4.2 Market Forecast 7.5 Others 7.5.1 Market Trends 7.5.2 Market Forecast
8 Market Breakup by Type 8.1 4-Axis or Less 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 5-Axis 8.2.1 Market Trends 8.2.2 Market Forecast 8.3 6-Axis or More 8.3.1 Market Trends 8.3.2 Market Forecast
9 Market Breakup by Component 9.1 Controller 9.1.1 Market Trends 9.1.2 Market Forecast 9.2 Arm 9.2.1 Market Trends 9.2.2 Market Forecast 9.3 End Effector 9.3.1 Market Trends 9.3.2 Market Forecast 9.4 Drive 9.4.1 Market Trends 9.4.2 Market Forecast 9.5 Sensor 9.5.1 Market Trends 9.5.2 Market Forecast 9.6 Others 9.6.1 Market Trends 9.6.2 Market Forecast
10 Market Breakup by End Use Industry 10.1 Automotive 10.1.1 Market Trends 10.1.2 Market Forecast 10.2 Electrical and Electronics 10.2.1 Market Trends 10.2.2 Market Forecast 10.3 Chemicals, Rubber and Plastics 10.3.1 Market Trends 10.3.2 Market Forecast 10.4 Metal and Machinery 10.4.1 Market Trends 10.4.2 Market Forecast 10.5 Food and Beverages 10.5.1 Market Trends 10.5.2 Market Forecast 10.6 Precision Engineering and Optics 10.6.1 Market Trends 10.6.2 Market Forecast 10.7 Pharmaceuticals and Cosmetics 10.7.1 Market Trends 10.7.2 Market Forecast 10.8 Others 10.8.1 Market Trends 10.8.2 Market Forecast
11 Market Breakup by Region
12 SWOT Analysis
13 Value Chain Analysis
14 Porters Five Forces Analysis
15 Price Analysis
16 Competitive Landscape 16.1 Market Structure 16.2 Key Players 16.3 Profiles of Key Players 16.3.1 ABB Ltd. 16.3.1.1 Company Overview 16.3.1.2 Product Portfolio 16.3.1.3 Financials 16.3.1.4 SWOT Analysis 16.3.2 American Robot Corporation 16.3.2.1 Company Overview 16.3.2.2 Product Portfolio 16.3.3 Aurotek Corporation 16.3.3.1 Company Overview 16.3.3.2 Product Portfolio 16.3.3.3 Financials 16.3.4 Denso Wave Incorporated 16.3.4.1 Company Overview 16.3.4.2 Product Portfolio 16.3.5 Fanuc Corporation 16.3.5.1 Company Overview 16.3.5.2 Product Portfolio 16.3.5.3 Financials 16.3.5.4 SWOT Analysis 16.3.6 Kawasaki Heavy Industries Ltd. 16.3.6.1 Company Overview 16.3.6.2 Product Portfolio 16.3.6.3 Financials 16.3.6.4 SWOT Analysis 16.3.7 Kuka Aktiengesellschaft (Midea Group) 16.3.7.1 Company Overview 16.3.7.2 Product Portfolio 16.3.7.3 Financials 16.3.7.4 SWOT Analysis 16.3.8 Mitsubishi Electric Corporation 16.3.8.1 Company Overview 16.3.8.2 Product Portfolio 16.3.8.3 Financials 16.3.8.4 SWOT Analysis 16.3.9 Nachi-Fujikoshi Corp. 16.3.9.1 Company Overview 16.3.9.2 Product Portfolio 16.3.9.3 Financials 16.3.9.4 SWOT Analysis 16.3.10 Nimak GmbH 16.3.10.1 Company Overview 16.3.10.2 Product Portfolio 16.3.10.3 Financials 16.3.11 Seiko Epson Corporation 16.3.11.1 Company Overview 16.3.11.2 Product Portfolio 16.3.11.3 Financials 16.3.11.4 SWOT Analysis 16.3.12 Yaskawa Electric Corporation 16.3.12.1 Company Overview 16.3.12.2 Product Portfolio 16.3.12.3 Financials
For more information about this report visit https://www.researchandmarkets.com/r/8fnfey
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