The automotive and aerospace industries are indeed expected to be major drivers of the global articulated robot market in the coming years. This is due to the increasing demand for automation and robotics in these industries to enhance productivity, reduce labor costs, and improve the quality of products. Articulated robots, with their high dexterity and precision, are well-suited for tasks such as welding, painting, and material handling in the automotive industry. In the aerospace industry, articulated robots are used for tasks such as assembly and inspection of aircraft components.
Additionally, the growing trend of Industry 4.0 and the increasing adoption of the Internet of Things (IoT) in these industries are also expected to drive the demand for articulated robots. With their ability to be integrated with IoT technology, articulated robots can provide real-time data on production processes and help improve overall efficiency. It is worth noting that the growth of the articulated robot market is not limited to just the automotive and aerospace industries. Other industries such as food and beverage, pharmaceuticals, and electronics are also expected to adopt articulated robots to improve their production processes.
Overall, the global articulated robot market is expected to grow at a significant rate in the coming years, and the automotive and aerospace industries are likely to play a significant role in this growth.
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Key findings of the Articulated Robot market study:
- The report provides a present market outlook on Articulated Robot. Additionally, the Articulated Robot market share is anticipated to grow with a CAGR of 13.8% in the forecast period.
- Regional breakdown of the Articulated Robot market based on predefined taxonomy.
- Innovative manufacturing processes implemented by Articulated Robot vendors in detail.
- Region-wise and country-wise fragmentation of the Articulated Robot market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global Articulated Robot market.
- Articulated Robot price, market share, and Trends forecast for assessment period 2023-2033
Segmentation of Articulated Robot Industry Research
· By Payload Capacity :
-
- Up to 16 Kg
- 16-60 Kg
- 60-225 Kg
- 225 & Above
· By Application :
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- Assembly
- Arc Welding
- Machine Handling
- Machine Tending
- Cutting
- Painting
· By End-Use Industries :
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- Automotive & Aerospace
- Metals
- Electronics
- Food & Beverages
- Pharmaceuticals
- Others
· By Region :
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- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
What makes this Research different from others?
- COVID- Impact analysis- The report includes details of the impact of the pandemic on the Articulated Robot market further including insights on the pre-COVID situation. Additionally, this report benefits in terms of post-COVID recovery prospects, changing consumer demands, and buying patterns valuable for Articulated Robot companies.
- Industrial trend analysis- The research covers recent trends in the field of Articulated Robot which are augmented with the applicable technologies and shifts in industrial processes. The scope for digital and industrial technologies is discussed in order to help client firms to understand the benefits and risks included in light of market trends.
- Articulated Robot Sustainability metrics- The rising concerns of environmentally friendly production and consumption are taken to next level in this research, as research is focused on emerging methods of ensuring sustainability. These insights include climate-friendly initiatives adopted by some players in the industry. Furthermore, details of manufacturers’ impact on carbon footprint are evaluated intend to make clients aware of their contribution to sustainable development goals.
Competitive Landscape
The Articulated Robot industry is dominated by some prominent players including
- ABB
- Denso Corporation
- Yaskawa
- FANUC
- KUKA
- Omron Corporation
- Staubli
- Seiko Epson Corporation
- ST Robotics
- Kawasaki Heavy Industries
- Mitsubishi Electric Corporation
The competition in the sector is driven by key parameters such as product price, targeted customer base, and strategic marketing. Major players in the market focused on the Articulated Robot market innovation by investing more in research and development. Furthermore, the industry players are focusing on the extensive usage of online distribution channels for enhanced cost-effectiveness. The sustainability in the supply chain is a decisive factor for Articulated Robot brands leading to an impact on the margin profits of firms.
Report Benefits & Key Questions Answered
- Articulated Robot Company & brand share analysis: Company and brand share analysis on Articulated Robot reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players
- Articulated Robot Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Articulated Robot
- Articulated Robot Category & segment level analysis: Fact.MR’s Articulated Robot sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify sales potential and set sales targets at local, country, and regional level.
- Articulated Robot Consumption by demographics: The market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers
- Post COVID consumer spending on Articulated Robot: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior
- Manufacturing trend analysis: Vital information on how market players are aligning their manufacturing strategies with respect to evolving consumer sentiments
