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Tech Advancements Drive Articulated Robot Market Share Trend: A Crucial Influence on the Articulated Robot Market Share 's Transformation in 2025
Articulated Robot Market Share
The articulated robots market is predicted to expand due to the rising demand for industrial robots. These mechanical systems, designed to independently carry out production tasks in an industrial environment, have taken the shape of articulated robots. These robots, resembling humans, have widely been adopted in various industrial operations. As reported by the International Federation of Robotics in September 2024, the number of operational units in factories globally was 4,281,585, marking a 10% increase from the previous year. For three years in a row, the annual installations surpassed half a million. Geographically, Asia accounted for 70% of new robot deployments in 2023, followed by Europe with 17%, and the Americas with 10%. Hence, the escalating demand for industrial robots is fueling the expansion of the articulated robot market.
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What is the projected compound annual growth rate (CAGR) of the articulated robot market from 2025 to 2034, and what factors influence it?
The market size of articulated robots has experienced significant expansion lately. Its size will rise from $17.87 billion in 2024 to $20.59 billion in 2025, boasting a compound annual growth rate (CAGR) of 15.2%. The growth observed in the historical period can be tied to augmentation of the manufacturing industry, wider acceptance in the automotive industry, a surge in electronics and semiconductors, a heightened focus on efficiency, and applications within the medical and healthcare sectors.
There is a predicted swift expansion for the articulated robot market size in the coming years. It is projected to escalate to $36.92 billion by 2029 with a compound annual growth rate (CAGR) of 15.7%. The anticipated growth during this period may be ascribed to factors such as regulatory backings and safety norms, the expansion of smart factories, evolution in the automotive industry, emphasis on energy efficiency and sustainability, and the increased adoption of robotics by SMEs. Some predominant trends expected within the forecast timeframe encompass industry 4.0 and automation, cooperative robotics, applications in healthcare, the food and beverage industry, and incorporation of artificial intelligence.
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How are the latest trends influencing the growth of the articulated robot market?
The articulated robot market is witnessing significant growth due to accelerated technological advancements, emerging as a prevalent trend. The race to maintain a competitive stance has increasingly led key contributors to focus on enhancements such as AI-enabled robots, commercial drones, customized robots, self-healing robots, and cloud robots. For instance, Comau, a renowned automation company based in Italy, introduced the new S-Family of high-speed, energy-efficient robots in May 2024 with payloads ranging from 13 kg to 18 kg. These robots are precisely crafted for applications requiring precision, speed, and repeatability, such as arc welding and handling. The S-Family's advanced functionalities are designed to increase performance in industrial settings, assuring high precision and efficiency in challenging circumstances.
What are the major segments of the articulated robot market and their role in driving growth?
The articulated robot market size has grown rapidly in recent years. It will grow from $17.87 billion in 2024 to $20.59 billion in 2025 at a compound annual growth rate (CAGR) of 15.2%. The growth in the historic period can be attributed to manufacturing sector growth, automotive industry adoption, rise of electronics and semiconductors, focus on efficiency, medical and healthcare applications.
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Which regions are key players in the growth of the articulated robot market?
Asia-Pacific was the largest region in the articulated robots market share in 2024. The regions covered in the articulated robot market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the articulated robot market?
Major companies operating in the articulated robot market are ABB Ltd., FANUC Corporation, Kawasaki Heavy Industries Ltd., KUKA AG, Omron Adept Technology Inc., Mitsubishi Electric Corporation, Seiko Epson Corporation, Denso Wave Incorporated, Nachi-Fujikoshi Corp., Yaskawa Electric Corporation, Aurotek Corporation, Stubli International, ST Robotics, Toshiba Machine Co. Ltd., Yamaha Motor Co. Ltd., Cassioli Group, DAIHEN Corporation, Comau, Universal Robots, Epson Robots, Midea Group, B+M Surface Systems GmbH, Wittmann Battenfeld Group, Hanwha Corporation/Momentum, Gudel AG, Hyundai Robotics, Techman Robot, Franka Emika, AUBO Robotics, F&P Robotics AG
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What Is Covered In The Articulated Robot Global Market Report?
• Market Size Forecast: Examine the articulated robot market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the articulated robot market for a structured understanding.
• Key Players Overview: Analyze major players in the articulated robot market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the articulated robot market.
• Segment Contributions: Evaluate how different segments drive overall growth in the articulated robot market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the articulated robot market.
• Industry Challenges: Identify potential risks and obstacles affecting the articulated robot market.
• Competitive Landscape: Review strategic developments in the articulated robot market, including expansions, agreements, and new product launches.
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