Articulated Industrial Robot Market Report Analysis 2023 to 2032: Growth, Outlook, and Opportunities

According to a new report published by Allied Market Research, titled, The Articulated Industrial Robot Market Size was valued at $21,151.1 million in 2022, and is estimated to reach $92,081.2 million by 2032, growing at a CAGR of 15.7% from 2023 to 2032.

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Report Coverage:

Forecast Period  - 2023-2032
Market Size in 2022 - $21.151.1 mllion
Market Size in 2032 - $92.081.2 million
CAGR  - 15.7%
No. of Pages in Report  - 289
Segments covered  - Robot Type, Load Capacity, Application, and Region.

Drivers   -
Growing need for low-cost articulated robots that collaborate with humans.
Increasing demand in small and medium-sized businesses.
Rise in adoption of automation and optimized industrial robots.

Opportunity  -
Growing demand from SMEs in Developing Countries

Restraint  -
High Installation Cost of Articulated Robot

Segmentation Based On:

By Application -
Assembly
Other
Handling
Welding

By Robot Type -
SCARA Robot
6-Axis Robot
Delta Robot
Other

By Load Capacity -
Below 10kg
10kg to 100kg
Above 100kg

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The articulated industrial robot market has several applications in the manufacturing and industrial automation industries, where articulated robots are manufactured, sold, and implemented. These robots stand out by their multijointed, flexible arms, which resemble the structure of a human arm.

Articulated industrial robots are designed to execute a variety of tasks in industrial environments, providing precision, flexibility, and efficiency. They are programmed machines capable of performing a broad range of applications, including welding, painting, material handling, assembly, and other operations critical to production processes in sectors such as automotive, electronics, and pharmaceuticals. The articulated industrial robot market analysis includes the development, manufacturing, and deployment of these robots. The companies involved are critical to the industry, developing and supporting articulated industrial robots that boost automation in a variety of industrial applications.

Regional Analysis:

North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Rest of Asia-Pacific)
Latin America (Brazil, Argentina, Colombia, Chile, Rest of Latin America)
Middle East and Africa (Saudi Arabia, UAE, Nigeria, Egypt, Rest Of Mea)

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Key Market Players -

Omron Corporation, ABB Ltd., Robotic Automation Systems, Mitsubishi Electric Automation, Inc, DENSO Robotics Incorporated, Delta Electronics, Inc., KUKA AG, Panasonic Industry Co., Ltd., Kawasaki Heavy Industries, Ltd., HIRATA Corporation

Read More Reports:

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Adaptive Robotics Market - https://www.alliedmarketresearch.com/adaptive-robotics-market

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