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Growing Trend Towards Automation to Push the Global SCARA Robots Market to Reach $18.58 Billion by 2028

07-03-2020 02:34 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Triton Market Research

Global SCARA Robots Market

Global SCARA Robots Market

According to a Triton Market Research report on the global SCARA robots market, the industry, which generated $8.20 billion in 2019, will augment at a CAGR of 9.51% by the year 2028.

A study by Triton Market Research with the title ‘Global SCARA Robots Market,’ covers the Global Analysis and Forecast for 2019-2028 by Payload Type (Up to 5kg, 5kg to 15kg, More than 15 kg), Application (Processing, Welding & Soldering, Dispensing, Material Handling, Assembling & Disassembling, Other Applications), by End-user Industry (Food & Beverages, Automotive, Electrical & Electronics, Pharmaceuticals, Metal & Machinery, Other End-users), and by Geographical Region (North America, Europe, Asia-Pacific, Middle East and Africa, Latin America).

Request Free Sample of the Global SCARA Robots Market Report @ https://www.tritonmarketresearch.com/reports/scara-robots-market#request-free-sample

According to the report, the global SCARA robots market is likely to reap $18.58 billion by the year 2028, surging with a CAGR of 9.51% in the projected years between 2019 and 2028. SCARA (Selective Compliance Articulated Robot Arm) is a popular option for small robotic assembly applications. It generally finds its application in pick-and-place operations.

Due to the need for reduced manufacturing costs and marketing time, there is an increasing need for automation, which is driving the growth of the global SCARA robots market. The ongoing trend towards automation, along with technological improvements in the field of industrial robots, is pushing the demand for the SCARA robots market. However, the availability of articulated reports like PUMA, which is similar to SCARA, with a different orientation, is replacing the SCARA robots, thereby restraining the market growth.

The SCARA robots market is segmented as payload type, application and end-user industry. The first segment, payload type divides into up to 5 kg, 5 kg to 15 kg and more than 15 kg. The second segment, application, is segmented into processing, welding & soldering, dispensing, material handling, assembling & disassembling and other applications. The third segment, end-user, includes food & beverages, automotive, electrical & electronics, pharmaceuticals, metal & machinery and other end-users.

As per the geographical landscape, Europe is estimated to be the largest SCARA robots market in the forecasting years. The escalating demand for better healthcare and biomedical services is primarily driving the SCARA robots market in the region. Also, the increasing demand for these robots by different end-user industries, like polymers, semiconductors, metallurgy and fiber optics, is also favoring the regional market growth.

Some important firms in the SCARA robots market are Omron Corporation, Mitsubishi Electric Corporation, Kawasaki Heavy Industries Ltd, Comau SpA, KUKA AG, Yaskawa Electric Corporation, Nachi Robotics Systems Inc, DENSO Corporation, Staubli International AG, Toshiba Corporation, FANUC Corporation, Precise Automation Inc, Yamaha Motor Co Ltd, Seiko Epson Corporation and ABB.

Purchase this Report @ https://www.tritonmarketresearch.com/reports/scara-robots-market#request-free-sample

Question & Answer: SCARA Robots Market

Question 1: Which factors are driving the growth of the global SCARA robots market?
Answer: Due to the need for reduced manufacturing costs and marketing time, there is an increasing need for automation, which is driving the growth of the global SCARA robots market. The ongoing trend towards automation, along with technological improvements in the field of industrial robots, is pushing the demand for the SCARA robots market.

Question 2: What is responsible for restraining the growth of the global SCARA robots market?
Answer: The availability of articulated reports like PUMA, which is similar to SCARA with a different orientation, is replacing the SCARA robots, thereby restraining the market growth.

Question 3: How is Europe impacting the SCARA robots market outlook?
Answer: As per the geographical landscape, Europe is estimated to be the largest SCARA robots market in the forecasting years. The escalating demand for better healthcare and biomedical services is primarily driving the SCARA robots market in the region. Also, the increasing demand for these robots by different end-user industries like polymers, semiconductors, metallurgy and fiber optics are also favoring the regional market growth.

Question 4: Which are the important firms in the SCARA robots market report?
Answer: Some important firms in the SCARA robots market are Omron Corporation, Mitsubishi Electric Corporation, Kawasaki Heavy Industries Ltd, Comau SpA, KUKA AG, Yaskawa Electric Corporation, Nachi Robotics Systems Inc, DENSO Corporation, Staubli International AG, Toshiba Corporation, FANUC Corporation, Precise Automation Inc, Yamaha Motor Co Ltd, Seiko Epson Corporation and ABB.

Related Report:
Global Collaborative Robots Market
The Global Collaborative Robots Market is likely to show growth at $8288.45 million by 2028, with a CAGR of 31.13% in the forecasted period 2019-2028.

The increasing application of automation in different sectors, including healthcare, manufacturing, aviation and logistics, has resulted in the growing adoption of collaborative robots. With the benefit of flexibility, these robots streamline repetitive tasks and collaborate with human beings.

Manufacturing units are increasingly trying to adopt changing tasks and processes due to the dynamic market. Collaborative robots being mobile, safe and light-weight, are aiding manufacturing companies for this changing adoption. They can be easily reconfigured and repositioned. This results in rising the demand for flexible automation to increase productivity in the process of manufacturing companies.

The declining costs of collaborative robots are also aiding the global market growth. The low price is attracting huge investments for the collaborative robots market. This factor, along with the high return on investment on these robots, is favoring the market. Safety is considered as one of the biggest sources of ROI for the cobots. Also, these robots do not require a dedicated technician and can even be programmed by a laborer, making a big saving on the labor charge.

Triton Market Research
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We are a leading market research company with offices in the UK, providing the best online market research and data search reports to our clients.

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