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Delta Robots Market Rising Trends, Key Leading Players, Trends Analysis, Industry Share And Forecast To 2033
Delta Robots Market Rising Trends
According to The Business Research Company's, The delta robots market size has grown rapidly in recent years. It will grow from $4.83 billion in 2023 to $5.37 billion in 2024 at a compound annual growth rate (CAGR) of 11.2%. The growth in the historic period can be attributed to increasing awareness of oral health and its importance, increasing number of dental clinics and dental professionals, government initiatives to improve oral health and access to dental care, globalization and the spread of dental practices across different regions, emergence of new dental treatments and procedures, increasing focus on preventive dental care.
The delta robots market size is expected to see rapid growth in the next few years. It will grow to $8.25 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%. The growth in the forecast period can be attributed to increasing research and development projects, booming ecommerce, leading to higher sales of dental hygiene instruments, changing living standards and growing unhealthy eating patterns, rising collaboration activities among manufacturers. Major trends in the forecast period include technological advancements in dental hygiene devices, growing instances of dental disorders like cavities, increasing demand for dental hygiene instruments.
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Market Drivers and Trends:
The rapid growth of the manufacturing industry is expected to propel the delta robots market forward. The manufacturing industry refers to the processes and businesses involved in transforming raw materials or components into finished goods. The manufacturing industry uses delta robots for high-speed and precision tasks, such as pick-and-place operations, due to their parallel structure, which enables rapid and accurate movements, enhancing overall efficiency in production lines. For instance, in October 2023, according to the Office for National Statistics, a UK-based government department, manufacturers' product sales were approximately $543.28 (£429.8 billion) in 2022, a 7% increase from approximately $507.48 (£401.5 billion) in 2021. Therefore, the rapid expansion of the manufacturing industry is driving the growth of the delta robots market.
Major companies operating in the delta robot market are focusing on advanced solutions, such as the five-axis delta robot. A five-axis delta robot is a type of parallel robot that consists of three arms connected to universal joints at the base. For instance, in July 2023, ABB Ltd., a Switzerland-based automation company, launched the FlexPicker IRB 365, a five-axis delta robot that is the fastest in its class for lightweight product picking, packing, and re-orientation. The robot is powered by the OmniCoreTM C30 controller, which is the smallest Delta robot controller. The robot features a fifth axis of motion, which enables it to change the orientation of the picked item, making it suitable for applications such as packaging, parcel handling, and bottle handling.
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Major Key Players of the Market:
Major companies operating in the delta robots market report are Robert Bosch GmbH, Panasonic Holdings Corp., DENSO Corp., MIDEA Group Co. Ltd., Mitsubishi Electric Corporation (Mitsubishi Robotics), ABB Ltd., Hiwin Technologies Corp., Delta Electronics Inc., Kawasaki Heavy Industries Ltd., Seiko Epson Corp., Seiko Epson Corporation (Epson Robots), OMRON Corporation, FANUC Corporation, Kuka AG, Yaskawa Electric Corporation, NACHI FUJIKOSHI Corporation, Staubli International AG, igus GmbH, Wittmann Battenfeld Group, Siesun Robot and Automation Co. Ltd., Universal Robots A/S, Omron Adept Technologies Inc., SAS iXAPACK GLOBAL, GSK CNC Equipment Co. Ltd., Cama 1 S.p.A, ERND Automation & enginnering GmbH, B-KM Surface Systems GmbH, ONExia Inc., Rethink Robotics, Codian Robotics BV
Delta Robots Market 2024 Key Insights:
• The delta robots market is expected to grow to $8.25 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%.
• Manufacturing Industry Surge Fuels Delta Robots Market Growth
• Emergence Of Five-Axis Delta Robots In The Market Leaders' Product Portfolios
• Asia-Pacific was the largest region in the delta robots market in 2023
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