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Articulated Robot Market 2020 Analysis by Global Manufacturers -ABB, FANUC, Kawasaki Heavy Industries Ltd, KUKA AG, Omron Adept Technology Inc.

07-08-2020 01:38 PM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

Articulated Robot Market - Growth, Trends And Forecast (2020 - 2025)

Articulated Robot market has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics has been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. The Market share and Market size prominent players for 2020 to 2025 are profiled in this report.

The articulated robot market is expected to register a CAGR of 10%, during the forecast period, 2019-2025. 

The Articulated Robot market is highly competitive and consists of a number of major players: ABB, FANUC, Kawasaki Heavy Industries Ltd, KUKA AG, Omron Adept Technology Inc., Mitsubishi Electric Corporation, Seiko Epson Corporation, DENSO Corporation, Nachi-Fujikoshi Corp, Stäubli International AG

(Exclusive Offer: Up to 20% discount on this report)

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Scope of the Report

The shift from manual production to automation is one of the major factors that is driving the robotics market. The potential of articulated robots to aid in high payload lifting during the manufacturing of automobiles, customization in machinery, is furthering aiding the growth of the articulated robots.

Key Market Trends

Automotive Industry is Expected to Register a Significant Growth

- The automotive industry is the most common user of articulated robots, as it involves a wide variety of tasks such as manufacturing and assembly which involves operations such as welding, cutting, painting, etc. Moreover, the applications of such articulated robots play a vital role to increase productivity, production, efficiency and also for reduction of energy consumption in the automotive industry.
- Moreover, articulated robots have always been used for repetitive, dangerous jobs that humans shouldn’t handle. The companies have adopted robots in their processes to improve productivity and enhance the quality of their respective vehicles. For instance, the American automaker Ford Motor Company makes use of around 450 robots to paint vehicles and carry out processes for body construction at its Sanand plant in India, also Maruti Suzuki India makes use of 5,000 robots in one of its plant in India. Similarly in other
- Demand for the automobile is increasing continuously and with the rising disposable income in the region such as Asia-Pacific is expected to boost the market which in result will increase the demand for the articulated robots

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Asia- Pacific to Witness Fastest Growth

- China and India are expected to account for the largest geriatric population pool across the world. As a result, the demand for pharmaceutical articulated robots in China and India is expected to witness robust growth over the forecast period. These robots are
- For instance, in October 2019, CMR Surgical Ltd announced that Galaxy Care Hospital in India would procure the Versius surgical robotic system. The introduction of Versius would support the hospital to bring robotic-assisted laparoscopic surgery to more people. A range of surgical procedures has been done with Versius at the center for laparoscopy, including transthoracic, hysterectomies, and myomectomies.
- Also, Chinas Robotics Industry Development Plan set a goal of expanding robot use tenfold by 2025. As a result, many provincial governments are providing generous subsidies for firms to buy robots.
- Furthermore, Japan is organizing the 2020 Tokyo Olympics, which is going to increase the consumer demasnd

Browse the Full report description and TOC at:

https://www.marketinsightsreports.com/reports/04061951140/articulated-robot-market-growth-trends-and-forecast-2020-2025?source=MW&Mode=70   

What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Articulated Robot Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

The research includes historic data from 2014 to 2019 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

ABOUT US:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

Media Contact Us:

Irfan Tamboli (Head of Sales) – Market Insights Reports

Phone: + 1704 266 3234 | +91-750-707-8687

sales@marketinsightsreports.com | irfan@marketinsightsreports.com

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