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Articulated Robot Market 2021 Industry Strategy, Trends, Growth, Size, Share, Demand and Forecast to 2027 - FANUC, KUKA, ABB, Yaskawa, Kawasaki

10-13-2021 12:07 PM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

The Articulated Robot market research report provides an in-depth analysis of the current’s trends, latest developments, scenario, market size, various drivers, restraints, and major players along with their profile details. Research report offers the historic data for year 2021 and 2027 and also provides the forecast data from year 2021 to 2027 which is based on revenue. With the help of all these information research report helps the market participants to improve market positions. With the help of all these insights Articulated Robot market research report recommends a business strategy for present market participants to strengthen their position in the market.

The data studied for the preparation of the report takes into account the current major players and the major players that will be listed. Industry top players are: FANUC, KUKA, ABB, Yaskawa, Kawasaki, DENSO, Nachi-Fujikoshi, Epson, Staubli, OTC, COMAU, Omron Adept Technologies, SIASUN, HIWIN(TW), Yamaha, GSK, Triowin, Nanjing Estun Automation

The Global Articulated Robot Market Size is Projected to Reach at a CAGR of 16.59% during 2021-2027.

Competitive Landscape

January 2020 - Stäubli International AG partnered with Sepro Group to produce a Model 6X-60 6-axis robot and a 3-axis Success 5 unit at Swiss Plastics Expo 2020. It is designed to serve injection-molding machines with up to 100 tons of clamp, it has a maximum payload capacity of 9 kg and an operating radius of up to 920 mm.
July 2020- ABB Limited’s new 3D quality inspection (3DQI) robot cell, which is capable of detecting defects of less than half the width of a human hair and imperceptible to the naked eye, significantly accelerates the production process by providing fast, accurate testing to make metrology easier and less time consuming.

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Market Overview

Further, another crucial factor that is driving the adoption of articulated robots is the increasing concern for labor safety. The adoption of such robots also helps in reducing operational cost, production & manufacturing cost, and the wastage of the raw material.
However, the complexity of their installation along with the high cost of these robots is the few factors that is hindering the market growth.
Over the last few years, the application of an articulated robot has registered significant growth, in several areas, ranging from paint shop applications in automotive sector to assembling any level of complex components.

Covid-19 Impact and Recovery Analysis:

The number one goal of this Articulated Robot Market document is to provide Quantitative records withinside the form of charts and graphs. The information regarding market fundamentals is provided surely for the sake of readers. All the readers on the side of stakeholders will understand the market situations and business enterprise environment because it needs to be through this properly-planned Market analysis. It turns smooth to collect the effect of COVID-19 on the market boom through this Articulated Robot market document.

Articulated Robot market Segmentation By Type:

4-Axis or Less

5-Axis

6-Axis or More

Articulated Robot market Segmentation By Application:

Automotive

Electrical and Electronics

Machinery

Rubber, Plastics & Chemicals

Food & Beverage

Others

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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 been traditionally used for repetitive and dangerous jobs that humans can't handle. Manufacturing companies have adopted robots in their processes to improve productivity and enhance the quality of their respective vehicles. For instance, Ford Motor Company uses around 450 robots to paint vehicles and carry out processes for body construction at its Sanand plant in India. Further, Maruti Suzuki India makes use of 5,000 robots in one of its plants.

Regional Analysis:

North America Expected to Witness Significant Growth

The modern manufacturing facilities in the North American region have been relying on new technologies and innovations to produce higher quality products at faster speeds with lower costs. In order to survive in the current competitive scenario, they are implementing more intelligent software and hardware to enhance their production capabilities.
Industrial robots such as the articulated robots are providing manufacturers in North America with multiple prominent and measurable benefits, such as decreased operating costs and increased throughput of materials.
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

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Significant Features and Key Highlights of the Reports:

– Detailed overview of Articulated Robot Market

– Changing market dynamics of the industry

– In-depth Articulated Robot market segmentation by Type, Application etc.

– Historical, current and projected market size in terms of volume and value.

– Recent industry trends and developments

– Competitive landscape of Articulated Robot Market

– Strategies of key players and product offerings

– Potential and niche segments/regions exhibiting promising growth.

The report gives answers to the following:

What strategies are followed by key players to fight this Covid-19 situation?
What are the essential matters drivers, opportunities, challenges, and dangers of the market will face surviving?
Which are the leading market players in the Articulated Robot industry?
What is the predicted compound annual growth rate (CAGR) of the global marketplace during the forecast period (2021-2027)?
What could be the anticipated value of the Articulated Robot marketplace in the during the forecast period?
Impact of COVID-19:

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the Articulated Robot market report 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.

Customization: -

The Global Articulated Robot Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide up to 20% customization for any of our Market Intelligence Data reports at no additional cost to all of our Users.

Contact Us:

Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
Mail to: sales@marketintelligencedata.com

About Us:

Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.

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