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 Global Heavy Payload Robotic Arm Market  Research Report, Industry Size, Qualitative Insights & Forecast 2032

04-27-2023 05:00 AM CET | Industry, Real Estate & Construction

Press release from: Analytics Market Research

Global Heavy Payload Robotic Arm Market

Global Heavy Payload Robotic Arm Market

From 2022 to 2030, the market for heavy payload robotic arms is anticipated to expand at a CAGR of 7.5%. The rise in demand for industrial robots across a range of applications is blamed for the market expansion. The market for heavy payload robotic arms is expanding due to the rising demand for automation in the industrial and logistics industries. High installation and maintenance expenses, however, might impede this market's expansion throughout the anticipated time frame.
On the basis of application, the market for heavy payload robotic arms is divided into automotive, construction & mining, machinery, and others. Material handling, packaging, and medical equipment are among the further applications. Due to rising demand from end-user sectors including electronics and the automotive, the automotive application segment made up over 40% of the total sales share in 2015. Due to rising labour costs and increased production volumes in all countries, automation in the automotive industry has been a major priority for many manufacturers globally. Robotic arms provide flexible installation options and simple maintenance access, which considerably reduces the amount of floor area needed while yet delivering strong automation capabilities for autos.

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Market Segmentation:
By Payload Capacity: The heavy payload robotic arm market can be segmented based on its payload capacity. The market can be segmented into below 500 kg, 500-1000 kg, 1000-2000 kg, and above 2000 kg.
By Application: The heavy payload robotic arm market can be segmented based on its application. The market can be segmented into welding, material handling, painting, cutting and grinding, and others.
By End-User Industry: The heavy payload robotic arm market can be segmented based on its end-user industry. The market can be segmented into automotive, aerospace and defense, construction, food and beverages, pharmaceuticals and chemicals, and others.
By Region: The heavy payload robotic arm market can be segmented based on regions, including North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America.

Key Players:
ABB Ltd
KUKA AG
FANUC Corporation
Yaskawa Electric Corporation
Kawasaki Heavy Industries, Ltd
Universal Robots A/S
Comau S.p.A.
Nachi-Fujikoshi Corp.
Denso Corporation
Mitsubishi Electric Corporation
Overall, these key players have a strong presence in the global heavy payload robotic arm market and compete based on their product offerings, pricing strategies, and technological advancements.

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Regional Analysis:
North America: North America is one of the leading markets for heavy payload robotic arms, with the United States being the largest market in the region. The region has a well-established manufacturing industry and a growing demand for automation, which is driving the growth of the market.
Europe: Europe is another significant market for heavy payload robotic arms, with Germany, the UK, and France being the major markets in the region. The region has a strong automotive and aerospace industry, which is driving the demand for heavy payload robotic arms.
Asia-Pacific: The Asia-Pacific region is the fastest-growing market for heavy payload robotic arms, with China, Japan, and South Korea being the major markets in the region. The region has a rapidly growing manufacturing industry, which is driving the demand for automation and robotics.
Middle East and Africa: The Middle East and Africa region have a growing demand for heavy payload robotic arms, driven by the increasing adoption of automation in the oil and gas industry. Countries such as Saudi Arabia, UAE, and Qatar are the major markets in the region.
Latin America: Latin America is a developing market for heavy payload robotic arms, with Brazil and Mexico being the major markets in the region. The region has a growing manufacturing industry and a need for automation, which is driving the demand for robotic arms.

Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter's Five Force Model and SWOT analysis are used to study the global Heavy Payload Robotic Arm market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Heavy Payload Robotic Arm would help in identifying future applications in this market.

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Analytics Market Research
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Email: sales@analyticsmarketresearch.com
website: https://analyticsmarketresearch.com/

About US:
Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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