Press release
Global Articulated Robot Market | Latest Innovations, Developments, Analysis by Top Key Players like ABB, Omron Corporation, Comau, DAIHEN Corporation, DENSO WAVE INCORPORATED, Ellison Technologies.Inc., Epson America.Inc. and others
Global Articulated Robot Market is expected to rise from its initial estimated value of USD 11.09 billion in 2018 to an estimated value of USD 38.17 billion by 2026, registering a CAGR of 16.71% in the forecast period of 2019-2026. Rising automation is the major factor for the growth of this market. Download Sample PDF Report https://databridgemarketresearch.com/request-a-sample/?dbmr=global-articulated-robot-market
Articulated robots market research report looks at the key aspects of the market including its market improvement, development, position and others. The industry inquiries in this report provide an examination and data as specified by classes. It underlines the global key manufacturers and analyzes the market competition landscape. The report also comprises of a bottomless knowledge on market definition, market drivers and market restraints, classifications, applications, and engagements. What is more, Articulated robots report conducts analysis on sales (consumption) of market, focuses on the top players to assess their sales, price, revenue and market share with volume and value for each region.
Major Market Competitors/Players: Global Articulated Robot Market.
Few of the major competitors currently working in the global articulated robot market are
• ABB
• 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
• NACHI-FUJIKOSHI CORP.
• Panasonic Corporation
• Rethink Robotics
• Robert Bosch GmbH
• Rockwell Automation, Inc.
• SCHUNK GmbH & Co. KG.
• Stäubli International AG.
• TOSHIBA MACHINE CO.,LTD
• Universal Robots
• YRG Inc.
• YASKAWA ELECTRIC CORPORATION.
Key Developments in the Market:
• In April 2019, Hitachi Ltd, announced that they are going to acquire JR Automation Technologies, LLC so that they can enter into SI business in North America. The main aim of the acquisition is to strengthen their position in the global market. This will also help the company to use the technologies of the JR so that they can provide new products and services to their customers.
• In April 2017, TAL Manufacturing Solutions announced the launch of their new robot TAL Brabo which is specially designed for the manufacturing purposes. This new robot will increase the productivity by 15-30% in just 15-18 months. It can perform time consuming, dangerous and high volume tasks and can be used in the industries like electronics, machines, software, plastic, aerospace etc.
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Market Drivers:
• Rising investment in automation industry is driving the growth of this market
• Increasing prevalence for SMEs is another factor driving the growth of this market.
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Articulated robots Market Landscape
Part 04: Global Articulated robots Market Sizing
Part 05: Global Articulated robots Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
And More… Get Detailed TOC https://databridgemarketresearch.com/toc/?dbmr=global-articulated-robot-market
Market Restraints:
• High installation cost is restraining the growth of this market
• Increasing demand for safely handle industrial-grade operations is another factor driving the growth of this market.
Segmentation: Global Articulated Robot Market
By Payload
• Up to 16.00 Kg
• 01–60.00 Kg
• 01–225.00 Kg
• More Than 225.00 Kg
By Function
• Handling
• Welding
• Dispensing
• Assembly
• Processing
• Others
By Industry
• Automotive
• Electrical and Electronics
• Metals and Machinery
• Chemicals
• Rubber, and Plastics
• Food & Beverages
• Precision Engineering and Optics
• Pharmaceuticals and Cosmetics
• Others
By Type
• 4-Axis or Less
• 5-Axis
• 6-Axis or More
By Subsystem
• Hardware
• Software
• Services
By Component
• Robot Controller Unit
• Robotic Arm
• End Effector
• Drive, Sensors
• Power Supply
• Motors
• Others
By Geography
• North America
• South America
• Europe
• Asia-Pacific
• Middle East and Africa
Competitive Analysis:
Global articulated robot market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of articulated robot market for global, Europe, North America, Asia-Pacific and South America.
Key Insights in the report:
• Complete and distinct analysis of the market drivers and restraints
• Key market players involved in this industry
• Detailed analysis of the market segmentation
• Competitive analysis of the key players involved
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