Steady Expansion Forecast for Articulated Robot Market, Projected to Reach $36.57 Billion by 2029

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Articulated Robot Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the articulated robot market has seen swift expansion in the past few years. It is projected to increase from $17.87 billion in 2024 to $20.59 billion in 2025, with a compound annual growth rate (CAGR) of 15.2%. This notable growth during the historic period is a result of various factors including the development in the manufacturing sector, adoption in the automotive industry, the emergence of electronics and semiconductors, emphasis on efficiency, and applications in medical and healthcare sectors.

Articulated Robot Market Size Forecast: What's the Projected Valuation by 2029?
Anticipated to witness brisk advancement in the approaching years, the market size for articulated robots is projected to surge to $36.57 billion in 2029, growing at a compound annual growth rate (CAGR) of 15.4%. The augmentation in the prediction period can be ascribed to regulatory backing and safety norms, expansion of smart factories, the transformation of the automotive sector, optimization of energy and sustainability, and small to medium enterprises adopting robotics. Key trends during the prediction period encompass Industry 4.0 and automation, cooperative robotics, applications in healthcare, the food and beverage sector, along with the integration of artificial intelligence.

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What Are the Drivers Transforming the Articulated Robot Market?
The growth of the articulated robots market is projected to surge due to the heightened demand for industrial robots. These robots are essentially mechanical systems or machinery that are programmed to independently carry out production tasks in industrial environments. Articulated robots, distinctive by their human-like form, are utilized in a multitude of industrial applications. As an illustration, a report by the International Federation of Robotics in September 2024 highlighted that 4,281,585 units were operational in factories globally. This figure showcases an increase of 10% from the prior year. For the third year in a row, annual installations surpassed half a million units. When examined by region, Asia led the installations with 70% of all new robots deployed in 2023, followed by Europe with 17% and the Americas contributing 10%. Consequently, the escalating demand for industrial robots is fuelling the expansion of the articulated robot market.

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What Long-Term Trends Will Define the Future of the Articulated Robot Market?
The articulated robot market is heavily influenced by swift advancements in technology, a trend that key players are capitalizing on. The competition in this market is driven by innovative developments such as AI-enabled robots, commercial drones, collaborative robots, self-repairing robots, customized robots, and cloud-based robots. For instance, Comau, an automation firm from Italy, introduced the advanced S-Family of high-speed, energy-efficient robots in May 2024, designed for precise and rapid arc welding and handling tasks, with payload capacities between 13 kg to 18 kg. These robots are intended to enhance performance in industrial processes by ensuring high levels of accuracy and efficiency in challenging scenarios.

Which Segments in the Articulated Robot Market Offer the Most Profit Potential?
The articulated robotmarket covered in this report is segmented -

1) By Type: 4-Axis Or Less, 5-Axis, 6-Axis Or More
2) By Payload: Up To 16 Kg, 16 To 60 Kg, 60 To 225 Kg, More Than 225 Kg
3) By Function: Handling, Welding, Dispensing, Assembly, Processing, Other Functions
4) By Component: Controller, Arm, End Effector, Drive, Sensor, Other Components

Subsegments:
1) By 4-Axis Or Less: 2-Axis Robots, 3-Axis Robots, 4-Axis Robots
2) By 5-Axis: 5-Axis Articulated Robots
3) By 6-Axis Or More: 6-Axis Articulated Robots, 7-Axis Articulated Robots, Multi-Axis Articulated Robots

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Which Firms Dominate the Articulated Robot Market by Market Share and Revenue in 2025?
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

Which Regions Offer the Highest Growth Potential in 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.

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