The articulated robot market is expected to grow at 11.5% CAGR from 2023 to 2029. It is expected to reach above USD 46.6 billion by 2029 from USD 17.5 billion in 2020.

Exactitude Consultancy research's“ Articulated Robot ” study report focuses at sales and the overall global market for Articulated Robot in 2022. The sales forecast for Articulated Robot by region and market sector for the years 2023 through 2026 is then thoroughly analyzed. This study provides a comprehensive analysis of the global Articulated Robot market, with sales of Articulated Robot broken down by region, market sector, and sub-sector, in US$ million.

Based on market dynamics and development-promoting variables, the Articulated Robot Market research assesses market valuation and growth rate. On the most recent business prospects, trends, and news in the sector. Along with a SWOT analysis of the major suppliers, the research also includes a thorough market study and vendor landscape.

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Market Overview:

Market Trends for Articulated Robot Products

The manufacturing industry's increasing embrace of automation is fueling the market's expansion.

The new trend of industrial automation is one of the key factors driving the market's rise. The market is expanding as a result of the growing need for assembly line operating efficiency. Robots with an articulated arm can carry out tasks swiftly, precisely, and with a large payload. The global market for electronics manufacturing services (EMS) is another factor driving increase.

These robots are frequently employed for several operations, like palletizing and welding, that require great positioning and repeatabilities. They can control even the smallest electrical components while cutting down on the time and expense of implementing robotic systems. Additional factors that are projected to contribute to the market's growth include the introduction of soft and vacuum grippers for handling delicate products, the rapid rise of the automotive industry, and the increasing use of industrial robots. Another key factor affecting the use of articulated robots is the increased concern for worker safety.

competitive analysis

The research identifies the key establishes that will drive growth since demand is determined by a buyer's financial resources and the rate at which an item develops. Key companies and new entrants can gain insight into the spending reports of major market participants in this area, which will help them better appreciate the possibilities for investment in the global Articulated Robot market. It can be used more effectively by both established and up-and-coming players in the market to gain a thorough understanding of the sector.

Recent Developments:

06-06-2022: – Realtime Robotics announced on an unspecified date in the past that it had teamed up with Kawasaki Robotics Inc. to automate the programming, deployment, and control of its industrial robots. As per the collaboration, Realtime Robotics' autonommotion planning technology was integrated with Kawasaki's robots to simplify and accelerate the deployment of automation applications.

07-09-2022: – The KR SCARA series was expanded by seven new versions in the payload class up to 12 kilograms. Many industries are waited for the high-performance newcomers. The success of electromobility and the promotion of renewable energies had boosted the demand for Scara robots in higher payload classes with more reach. To meet this demand, KUKA developed four standard and three cleanroom versions of the KR SCARA that can move up to 12 kilograms.

Major companies in Articulated Robot Market are:

ABB Robotics, Fanuc Corporation, KUKA Robotics, Yaskawa Electric Corporation, Kawasaki Robotics, Mitsubishi Electric Corporation, Epson Robots, Universal Robots, Comau Robotics, Omran Corporation, Adept Technology, Denso Robotics.

Articulated Robot Market Segmentation:

Articulated Robot Market by Payload Capacity, 2020-2029, (USD Billion) (Thousand Units)

Up To 16kg

16-60kg

Above 60kg

Articulated Robot Market by Functionality, 2020-2029, (USD Billion) (Thousand Units)

Handling

Welding

Dispensing

Assembly

Articulated Robot Market by End-User, 2020-2029, (USD Billion) (Thousand Units)

Automotive

Electrical A& Electronics

Food & Beverages

Pharmaceuticals

Articulated Robot Market by Region, 2020-2029, (USD Billion) (Thousand Units)

North America

Asia Pacific

Europe

South America

Middle East and Africa

Important Countries in All Regions Are Covered.

Exactitude Consultancy Services Key Objectives:

Increasing sales and market share

Developing new technology

Improving profitability

Entering new markets

Enhancing brand reputation

This report also splits the market by region:

The United States, Canada, and Mexmake up North America, while Germany, France, the United Kingdom, the Netherlands, Switzerland, Belgium, Russia, Italy, Spain, and Turkey make up Europe . Other countries covered in the report include China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and the rest of Asia-Pacific (APAC). Saudi Arabia, the United Arab Emirates, Israel, Egypt, South Africa, and the rest of the Middle East and Africa (MEA) are also included.

The overall part of the research also lists specific market-impacting variables and domestic market regulation changes that have an effect on the market's present and future tendencies. Some of the key data points used to estimate the market situation for specific nations are consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and upstream and downstream value chain analysis. When giving prediction analysis of the country data, it also takes into account the presence and accessibility of international brands, the difficulties they encounter owing to strong or weak competition from local and domestic brands, the influence of domestic tariffs, and trade routes.

Strategic Points Covered in Table of Content of Global Articulated Robot Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Articulated Robot market
Chapter 2: Exclusive Summary – the basic information of the Articulated Robot Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Articulated Robot
Chapter 4: Presenting the Articulated Robot Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Articulated Robot market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these variregions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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