1 July 2019 – The
Global Articulated Robot Market is
predicted to grow considerably in the forecast period owing to the increased
adoption of automation in various end use industries. An articulated robot is
the industrial robot with rotary joints. It is used in wide range of industrial
activities and is mainly operated by electric motors. Articulated robot is
ideal for material handling and general assembling activities in manufacturing
industries.
Articulated robot market is majorly driven by the increase
in demand from (SMEs) small and medium sized enterprises in developing
economies, growing demand for electric vehicles, and wide applications in
automotive and manufacturing sectors. Moreover, features of articulated robots,
such as high durability, precise outputs for long-term applications and can
performance of complex tasks in place of labor is attracting several end uses,
thereby fueling the articulated robot market. However, high installation cost
for less volume production is hampering the market.
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Growing need for accurate operation in assembly lines is
highly in demand. Hence, manufacturers are rigorously focusing on technological
advancements in the domain. Nonetheless, intense competition from (SCARA)
Selective Compliance Articulated Robot Arm or Selective Compliance Assembly
Robot Arm robots is challenging the market.
Articulated robot market is categorized on the basis of
payload type, function, end user, and geography. Based on payload type, market
is divided into up to 16.00 kg, 16.01–60.00 kg, 60.01–225.00 kg, and more than
225.00 kg. Articulated robots with capacity up to 16.00 kg is anticipated to
lead the market due to increase in investment for enhanced automation in
several industrial applications. Moreover, growing demand from small scale
industries of developing economies is driving the market for said capacity
robots.
Geographically, articulated robot industry is segmented as
North America, South America, Europe, Asia Pacific, and Middle East &
Africa. Asia Pacific is expected to dominate the market in future due to
increasing adoption of these robots in industries of developing economies like
China, India, South Korea, and Japan. North America also constitute to the
market owing to constant technological improvements.
The leading players in articulated robot market include
Comau SAP, CMA Robotics SAP, Cassioli Srl, Aurotek, Denso, Daihen, Kawasaki
Heavy Industries, Engel, Fanuc, Mitsubishi Electric, Omron, Kuka, Stubli
International, Toshiba Machine, Yaskawa, Nachi-Fujikoshi, Seiko Epson, and
Yamaha Motor.
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