Articulated Robot Market to Witness Huge Growth by Key Players: ABB, KUKA, Mitsubishi Electric, Fanuc, Kawasaki Heavy Industries, Denso, Omron Adept Technologies, Nachi-Fujikoshi, Yaskawa, Seiko Epson and Others.

According to Market Study Report, Articulated Robot Market provides a comprehensive analysis of the Articulated Robot Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry. This report also provides market landscape and market share information in the Articulated Robot Market. An exclusive data offered in this report is collected by research and industry experts team.

Get Free Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=1521200

The Articulated Robot Market is expected to grow from USD 10.92 Billion in 2018 to USD 23.51 Billion by 2023, at a CAGR of 16.58% during the forecast period; the market is expected to register a shipment of 245,012 units in 2018 and is projected to reach 548,566 units by 2023, at a CAGR of 17.49% during the forecast period. This report spread across 151 pages, profiling 10 companies and supported with 75 tables and 45 figures are now available in this research.

Top Key Players Profiled in the Articulated Robot Market:
o ABB (Switzerland)
o KUKA (Germany)
o Mitsubishi Electric (Japan)
o Fanuc (Japan)
o Kawasaki Heavy Industries (Japan)
o Denso (Japan)
o Omron Adept Technologies (US)
o Nachi-Fujikoshi (Japan)
o Yaskawa (Japan)
o Seiko Epson (Japan)

"Articulated robot market for robots with payload carrying capacity of 16.01-60.00 kg to grow at high rate between 2018 and 2023"
The articulated robot market for robots with payload carrying capacity of 16.01-60.00 kg is expected to grow at a significant rate between 2018 and 2023. The robots with payload carrying capacity of 16.01-60.00 kg are mainly adopted in the automotive industry for arc welding, spot welding, and painting applications, especially for compact 3- and 4-wheelers. Further, the growing demand for electric vehicles worldwide is the key factor that is expected to propel the growth of the market for articulated robots with payload carrying capacity of 16.01-60.00 kg.

Access full report (Discount 20% or More) @ https://www.reportsnreports.com/purchase.aspx?name=1521200

"Handling function to hold largest share of articulated robot market in 2018"
Owing to the high rate of adoption of articulated robots in the automotive industry for handling heavy automotive parts and in the metal and machinery industry for handling heavy metal sheets and components, the handling function is expected to hold the largest share of the articulated robot market in 2018. However, the market for processing function is expected to grow at the highest CAGR during the forecast period.

"Articulated robot market in APAC to grow at highest rate during forecast period"
APAC is expected to hold the largest share of the articulated robot market in 2018 and is also expected to grow at the highest CAGR during the forecast period. The countries such as China, Japan, South Korea, and India are the key contributors to this growth. 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.

Breakdown of primary participants' profile:
o By Company Type: Tier 1 = 35%, Tier 2 = 45%, and Tier 3 = 20%
o By Designation: C-level Executives = 40%, Directors= 25%, and Others = 40%
o By Region: North America = 25%, Europe = 20%, APAC = 40%, and RoW= 15%

Competitive Landscape of Articulated Robot Market
1 Introduction
2 Articulated Robot Market Ranking Analysis, 2017
3 Competitive Situations and Trends
3.1 Product Launches
3.2 Partnerships and Collaborations
3.3 Expansions
3.4 Contracts and Agreements
3.5 Acquisitions

Enquire More @ https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1521200

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.

Corporate Headquarters
Tower B5, office 101
Magarpatta SEZ,
Hadapsar, Pune-411013, India

About Us:-
ReportsnReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.

This release was published on openPR.