Press release
Global Articulated Robots Market: Evolving Opportunities with FANUC, KUKA, ABB, Yaskawa, kawasaki, DENSO, Nachi-Fujikoshi, Epson, Staubli, OTC, COMAU, Omron Adept Technologies
An articulated robot possesses a robotic arm that uses rotary joints to perform precise movements repeatedly and consistently. Such robots are widely used in manufacturing industries for applications such as assembling, material handling, welding, sealing, picking, cutting, painting and spraying, and machine tending.The global market for Articulated Robot is expected to reach about 9442.02 Million USD by 2027 from 5400.53 Million USD in 2019, registering a Compounded Annual Growth Rate (CAGR) of 11.82% during the analysis period, 2020-2027
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Key manufacturers are included based on company profile, sales data and product specifications etc: FANUC, KUKA, ABB, Yaskawa, kawasaki, DENSO, Nachi-Fujikoshi, Epson, Staubli, OTC, COMAU, Omron Adept Technologies, SIASUN, HIWIN (TW), Yamaha, GSK, Triowin, Nanjing Estun Automation
Rise in need for precise operation in assembly lines and increased automation that drives the demand for industrial robots drive the global articulated robots market. However, high initial investment impedes the market growth. The need for application-specific robots offers a major opportunity for market expansion.
The global articulated robots market is segmented on the basis of the end user and region. The end users included in the report are automotive, electrical & electronics, heavy machinery, metal, food & beverages, chemical, and other industries. Based on region, the market is analysed across North America, Europe, Asia-Pacific, and LAMEA.
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The 2019-2027 Report on Global Articulated Robot Market Competition, Status and Forecast, Market Size by Players, Regions, Type, Application is a professional and in-depth study on the current state of the Articulated Robot market. Annual estimates and forecasts are provided for the period 2020 through 2027. Also, a six-year historic analysis is provided for these markets.
Regional market size, production data and export & import:
Asia-Pacific
North America
Europe
South America
Middle East & Africa
Key Benefits
• The study provides an in-depth analysis of the global articulated robots market and current & future trends to elucidate the imminent investment pockets.
• Information about the key drivers, restrains, and opportunities and their impact analysis on the market size are provided.
• Porters Five Forces analysis illustrates the potency of buyers & suppliers operating in the industry.
• The quantitative analysis of the global market from 2017 to 2023 is provided to determine the market potential.
For Full TOC and Detailed information on all Key Players Place an Inquire: https://www.worldwidemarketreports.com/quiry/272040
About WMR
Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends.
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