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SCARA Robot Market worth $16.23 billion by 2030, growing at a CAGR of 8.23% - Exclusive Report by 360iResearch
SCARA Robot Market | 360iResearch
The Global SCARA Robot Market to grow from USD 9.33 billion in 2023 to USD 16.23 billion by 2030, at a CAGR of 8.23%.
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The SCARA acronym is Selective Compliance Assembly Robot Arm or Selective Compliance Articulated Robot Arm. SCARA robots are industrial robots known for their enhanced agility and precision in small-part assembly tasks. These robots exhibit selective compliance as their arm is rigid on the Z-axis, providing stability in vertical operations. They are flexible in the X-Y plane, allowing efficient and controlled lateral movements. Increasing automation across manufacturing sectors, inclination towards Industry 4.0, and the smart factory revolution are resulting in increased adoption of automated solutions, including SCARA robots, due to their ability to boost productivity, enhance quality, and reduce operational costs. However, the high upfront cost of SCARA robots may impede their adoption by the end-use sectors globally. Moreover, ongoing advancements to enhance the efficiency and performance of SCARA robots are anticipated to propel their deployment across the end-use sectors globally.
The SCARA robot market is evolving in the Americas owing to the advanced industrial sector and the rapid adoption of automation technologies in manufacturing. The strong automotive industry and stringent regulations promoting worker safety drive the adoption of SCARA robots to perform tasks in hazardous environments across the sectors in the EMEA region. The Asia-Pacific region is witnessing growth in the SCARA robot market owing to the high-volume manufacturing industries, including the electronics and automotive sectors, and the inclination towards industrial automation. Besides, significant investments in introducing innovative SCARA robots are anticipated to encourage the growth of the SCARA robots market globally.
Market Segmentation & Coverage:
This research report categorizes the SCARA Robot Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Payload, market is studied across 5.01-15.00 kg, More Than 15.00 kg, and Up to 5.00 kg. The 5.01-15.00 kg is projected to witness significant market share during forecast period.
Based on Industry, market is studied across Automotive, Electrical & Electronics, Food & Beverages, Metals & Machinery, Pharmaceuticals & Cosmetics, Plastics, Rubbers, & Chemicals, and Precision Engineering & Optics. The Plastics, Rubbers, & Chemicals is projected to witness significant market share during forecast period.
Based on Application, market is studied across Assembling & Disassembling, Dispensing, Handling, Processing, and Welding & Soldering. The Handling is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 38.12% in 2023, followed by Americas.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the SCARA Robot Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the SCARA Robot Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the SCARA Robot Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Aerotech, Inc., Comau SpA, Delta Electronics, Inc., DENSO Corporation, Dürr Aktiengesellschaft, FANUC Corporation, FISNAR, HIRATA Corporation, Hiwin Technologies Corporation, IAI Industrieroboter GmbH, JANOME Corporation, Kawasaki Heavy Industries Ltd., KUKA Aktiengesellschaft, Mitsubishi Electric Corporation, OMRON Corporation, Robotic Automation Systems, Seiko Epson Corporation, Shibaura Machine CO., LTD., SMC Corporation, Stäubli Group, TM Robotics, Wittmann Battenfeld, Yamaha Motor Company Limited, and Yaskawa Electric Corporation.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. SCARA Robot Market, by Payload
7. SCARA Robot Market, by Industry
8. SCARA Robot Market, by Application
9. Americas SCARA Robot Market
10. Asia-Pacific SCARA Robot Market
11. Europe, Middle East & Africa SCARA Robot Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the SCARA Robot Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the SCARA Robot Market?
3. What is the competitive strategic window for opportunities in the SCARA Robot Market?
4. What are the technology trends and regulatory frameworks in the SCARA Robot Market?
5. What is the market share of the leading vendors in the SCARA Robot Market?
6. What modes and strategic moves are considered suitable for entering the SCARA Robot Market?
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