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Global SCARA Robots Market Future Demand, Challenges, Top Companies and Forecast 2030

09-21-2022 01:59 PM CET | Science & Education

Press release from: Inkwood Research

SCARA ROBOTS MARKET

SCARA ROBOTS MARKET

According to the estimations put forth by Inkwood Research, the Global SCARA Robots Market is anticipated to register a CAGR of 9.90% in terms of revenue during the forecast period, 2019-2028.
"Browse 47 Market Data Tables and 49 Figures spread over 140 Pages, along with an in-depth TOC on the Global SCARA Robots Market Forecast 2019-2028."

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SCARA robots are horizontally configured machines that are easy to use and have lesser backend programming needs. Contemporary SCARA robots boost output, eliminate production bottlenecks, and increase frequency. They are extensively used in industries like food and beverage, to efficiently complete various tasks such as quick picking, food processing, along with packing duties like bottle handling and tray holding. Moreover, the robots are also utilized in the electrical and electronics sector to develop and manage display screens, printed circuit boards, and connectors.

Rising Emphasis on Workplace Safety is Propelling Market Growth
Robots have been recruited in production and manufacturing units across most industries, owing to their capability of undertaking complex, repetitive tasks with high precision and accuracy, even in hazardous environments. Although using robots is a suitable solution for product manufacturers, it is crucial to consider the safety aspect in the workplace, as productivity ultimately depends on the welfare of the labor force. The increased emphasis on workplace safety has accelerated the demand for robotic systems in medium-scale and large-scale enterprises, where optimal levels of efficiency and productivity ought to be maintained. Moreover, robotic systems replace human efforts and ensure the maintenance of production competence without jeopardizing workers' wellbeing. Therefore, an increase in emphasis on workplace safety across the globe is driving market growth.
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Assembling & Disassembling Segment is set to record the highest CAGR
The assembly operation entails part identification, categorization, tool changing, bin picking, and visual inspection. The dissembling operation primarily involves the de-palletizing of goods that arrive in the warehouse. These procedures facilitate quick processing, leading to time-management and cost-efficiency. Moreover, robots help in speedy assembling and dissembling of products in manufacturing units, to make them available for timely order dispatch. Thus, the rise in demand for SCARA robots to efficiently fulfill swift assembly tasks in the industry is projected to drive the SCARA robots market growth.

Asia Pacific to establish its presence in the Global Market by 2028
The Asia Pacific is the most populated region, comprising countries like Japan, India, China, and Taiwan that have extensively invested in research and development pursuits, thereby bolstering the market growth. The growing demand for plastic materials and products, and technological enhancements in the end-user Asia Pacific market has further fueled market growth. Moreover, an upsurge in demand in automobile, construction, electronic and chemical enterprises has supplemented the market growth, in the region. The rising demand for packaging robots is attributed to the growing implementation of automated systems in diverse industries, improved & safe working conditions, and high-tech developments. These factors have considerably accelerated the SCARA robots market growth across the region.
Digitalization initiatives across regions, incorporated with Industry 4.0, have created lucrative opportunities in the industrial robots market. The degree of transparency among industries is likely to be high, considering the number of robotic trade shows conducted. The overall competitive rivalry among existing competitors is intense, and large companies are expected to collaborate with startups, to focus on innovation. ABB Ltd, Kuka Aktiengesellschaft, Fanuc Corporation, Omron Corporation, Seiko Epson Corporation, Stäubli International AG, etc. are some of the prominent companies operating in the market.

Related Reports:
GLOBAL INDUSTRIAL ROBOTICS MARKET
GLOBAL COLLABORATIVE ROBOTS MARKET
GLOBAL FOOD ROBOTICS MARKET
GLOBAL TELEPRESENCE ROBOTS MARKET
GLOBAL WAREHOUSE ROBOTICS MARKET

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