Global Articulated Robot Industry until 2026 – With ABB, American Robot and Fanuc among others
DUBLIN, October 13, 2021– (COMMERCIAL THREAD)–The “Articulated Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026” report was added to ResearchAndMarkets.com offer.
The global articulated robot market reached a value of US $ 7.91 billion in 2020. Looking ahead, the analyst expects the global articulated robot market to grow at a CAGR of around 9% during 2021-2026.
American Society of Robots
Denso Wave Incorporated
Kawasaki Heavy Industries Ltd.
Kuka Aktiengesellschaft (Midea Group)
Mitsubishi electric corporation
Seiko Epson Corporation
Yaskawa Electric Company
An articulated robot refers to a programmable machine that consists of rotating joints to allow a full range of motion. It has a minimum of two rotary joints and is commonly used in various industrial processes, such as handling, welding, dispensing, assembly, cutting loading / unloading and painting. Articulated robots improve operational efficiency while performing complex tasks and can handle products or materials that are heavy, dangerous or difficult for humans. These robots also generate precise output, are very durable, cost effective, and require minimal rest. Due to these advantages, they find many applications in various industries including automotive, aerospace and electronics.
One of the key factors driving the growth of the market is the emerging trend of factory automation. In addition, the growing need for operational efficiency in assembly lines is also driving the growth of the market. Articulated robots have a high payload capacity and can easily handle tasks with immense speed and precision. In addition, the growing electronic product manufacturing services (EMS) industry across the world is acting as another growth driver. These robots are widely used to perform various functions, such as palletizing and welding, with superior positioning capabilities and repeatability. Their functional characteristics also include the management of the tiniest electronic components while minimizing the overall installation time and the costs of implementing robotic solutions.
Other factors including the increasing adoption of industrial robots, significant growth in the automotive industry, and product innovations such as the introduction of flexible and vacuum grippers for handling fragile products are expected to drive the market. .
Key questions answered in this report
How has the global articulated robot market performed so far and how will it perform in the years to come?
What has been the impact of COVID-19 on the global articulated robot market?
What are the main regional markets?
How is the market split based on payload?
What is the breakdown of the market according to the function?
What is the market breakdown according to type?
What is the market breakdown according to the component?
What is the market split based on end use industry?
What are the different stages of the industry value chain?
What are the main factors and challenges for the industry?
What is the structure of the global articulated robot market and who are the major players?
How competitive is the industry?
Main topics covered:
2 Scope and methodology
3 Executive summary
4.2 Key Industry Trends
5 Global Articulated Robot Market
5.1 Market overview
5.2 Market performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market breakdown by payload
7 Market breakdown by function
8 Market breakdown by type
9 Market breakdown by component
10 Market breakdown by end-use industry
11 Market breakdown by region
12 SWOT Analysis
13 Value chain analysis
14 Porters Five Forces Analysis
15 Price analysis
16 Competitive landscape
16.1 Market structure
16.2 Key players
16.3 Profiles of key players
For more information on this report, visit https://www.researchandmarkets.com/r/13l68h
See the source version on businesswire.com: https://www.businesswire.com/news/home/20211013005849/en/
Laura Wood, Senior Press Director
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