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SCARA Robot Market 2023 - By Size, Share, Segments, Application, End-users And Growth Outlook By 2032
SCARA Robot Market
The Business Research Company's SCARA Robot Global Market Report 2023 identifies increase in the adoption of automation in industries as the major driver for the SCARA Robot market's growth in the forecast period. Industrial automation refers to the use of control systems, such as computers or robots, and information technology for managing various processes and machinery in an industry to replace a human being. In recent years, many industries have adopted SCARA robots to achieve maximum automation and efficiency in operations.
The global scara robot market size grew from $7.89 billion in 2022 to $9.06 billion in 2023 at a compound annual growth rate (CAGR) of 14.8%. 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 scara robot market size is expected to grow to $15.54 billion in 2027 at a CAGR of 14.4%.
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Major competitors in the SCARA Robot market are Epson America Inc., Yamaha Motor Co. Ltd., The Yaskawa Electric Corporation, DENSO EUROPE B.V., Stäubli International AG.
A key trend in the SCARA Robot market includes technological advancement. Major companies operating in the SCARA robot market are focused on developing new technological solutions that could provide better solutions and services to various industries to optimize their business operations and strengthen their position. For instance, in June 2022, Epson America, Inc., a US-based company operating in industrial robot design and manufacturing, launched its advanced SCARA robots known as Epson GX4 and GX8 SCARA Robots with Gyro sensor technology to meet high-end automation needs in manufacturing. Gyro sensor technology, or angular velocity, is used for maintaining and measuring the orientation of objects in the assembly lines for pick and lift applications in precision manufacturing.
Read More On The Global SCARA Robot Market Report Here:
https://www.thebusinessresearchcompany.com/report/scara-robot-global-market-report
The SCARA Robot market is segmented -
• By Type: Hardware, Software, Service, Teasting, Training, Maintenance
• By Payload Capacity: Up to 5.00 kg, 5.01-15.00 kg, More than 15.00 kg
• By Application: Handling, Assembling and Disassembling, Welding and Soldering, Dispensing, Processing, Other Applications
• By Industry: Electrical and Electronics, Automotive, Metals and Machinery, Plastics, Rubbers, and Chemicals, Precision Engineering and Optics, Food and Beverages, Pharmaceuticals and Cosmetics, Other Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the SCARA Robot market.
The Business Research Company's "Global SCARA Robot Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The SCARA Robot Market Include:
1. Executive Summary
2. SCARA Robot Market Characteristics
3. SCARA Robot Market Trends And Strategies
4. SCARA Robot Market - Macro Economic Scenario
5. SCARA Robot Market Size And Growth
…………………………….
26. Africa SCARA Robot Market
27. SCARA Robot Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The SCARA Robot Market
29. SCARA Robot Market Future Outlook and Potential Analysis
30. Appendix
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