Press release
2023 Global Articulated Robot Market Size, Share, Industry Analysis, Scope And Forecast To 2032
Articulated Robot Market Report
Articulated Robot Market Size, Growth Rate, And Forecast:
The global articulated robots market size is expected to grow from $13.44 billion in 2022 to $15.59 billion in 2023 at a compound annual growth rate (CAGR) of 16.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The articulated robots market is expected to grow to $27.36 billion in 2027 at a CAGR of 15.1%.
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Articulated Robot Market Drivers:
The increase in demand for industrial robots is expected to propel the growth of the articulated robots market. Industrial robots are mechanical systems or machines programmed to perform production-related activities autonomously in industrial settings. Articulated robots are industrial robots with a human resemblance and are used in various industrial applications.
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Articulated Robot Market Segments
•By Type: 4-Axis Or Less, 5-Axis, 6-Axis Or More
•By Payload: Up to 16 Kg, 16 to 60 Kg, 60 to 225 Kg, More Than 225 Kg
•By Function: Handling, Welding, Dispensing, Assembly, Processing, and Other Functions
•By Component: Controller, Arm, End Effector, Drive, Sensor, Other Components
•By End Industry: Automotive, Electrical And Electronics, Chemicals, Rubber And Plastics, Metal And Machinery, Food And Beverages, Precision Engineering And Optics, Pharmaceuticals And Cosmetics, and Other End-Users
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Articulated Robot market.
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Articulated Robot Market Key Players:
Major competitors in the articulated robot market include ABB Ltd., FANUC Corporation, Kawasaki Heavy Industries Ltd., KUKA AG, Omron Adept Technology Inc., Mitsubishi Electric Corporation, Seiko Epson Corporation, Denso Wave Incorporated, Nachi-Fujikoshi Corp., Yaskawa Electric Corporation, Aurotek Corporation, Stubli International, ST Robotics, Toshiba Machine Co. Ltd., Yamaha Motor Co. Ltd., Cassioli Group, and DAIHEN Corporation.
The Business Research Company's "Global Articulated Robot Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Articulated Robot Market Include:
1. Executive Summary
2. Articulated Robot Market Characteristics
3. Articulated Robot Market Trends And Strategies
4. Articulated Robot Market - Macro Economic Scenario
5. Articulated Robot Market Size And Growth
....
26. Africa Articulated Robot Market
27. Articulated Robot Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Articulated Robot Market
29. Articulated Robot Market Future Outlook and Potential Analysis
30. Appendix
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