Articulated Robots Market Estimated To Grow And Reach USD 39 Billion by end of 2026

As per researchers from Zion Market Research, the global articulated robot market was capitalized at USD 10.29 billion in 2018 and is estimated to attain USD 34.12 billion by 2025, developing at a CAGR of about 16.22% during 2019–2025. An articulated robot carries a robotic arm that utilizes rotary joints to carry out defined movements consistently and repeatedly. Such robots are extensively utilized in manufacturing industries for assembling, welding, painting & spraying, material handling, cutting, sealing, picking, and machine tending. The augmentation in need for a particular operation in assembly lines and amplified automation that pushes the demand for industrial robots impel the global articulated robot market. The need for application-definite robots presents a prime opportunity for market expansion.

Some of the leading players functional in the market are YASKAWA ELECTRIC CORPORATION, ABB, FANUC Corp, KUKA, Adept Technology Pvt. Ltd., Kawasaki Heavy Industries, Ltd., DENSO WAVE INCORPORATED, American Robot Corporation, ST Robotics, and Aurotek Corporation.

Rising Demand For Industrial Robots From Automation Industry To Boost The Global Articulated Robots Market

Due to the surge in the need for precise maneuvers in assembly lines, amplified automation and growing investment in the automation industry, the requirement for industrial robots is widening. Additionally, the high payload capability articulated robots are in higher demand, as a result of rising demand in automated factories to deal with heavily loaded applications. These aspects are anticipated to propel the growth of the market. In spite of the above factors, there are some challenges that are hindering the expansion of this market. This comprises of high initial investment, surging demand for safely handle industrial-grade maneuvers, and high installation cost.

The global articulated robot market is bifurcated on the basis of payload, function, industry, and regional analysis. Based on the payload, the market is divided into up to 16.00 kg, 16.01–60.00 kg, 60.01–225.00 kg, and over 225.00 kg. Based on the function, the market is divided into handling, welding, assembly, dispensing, processing, and others. Based on the industry, the market is divided into electrical & electronics, automotive, metal & machinery, pharmaceuticals & cosmetics, precision engineering & optics, and others.

Asia Pacific Region To Record Maximum Market Share In The Global Articulated Robots Market

Based on geographical analysis, the global articulated robots market is divided into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. The Asia Pacific is anticipated to hold the biggest share of the articulated robots market in the forecasted period. The acceptance of articulated robots by nations like India, China, South Korea, and Japan for several industrial applications is expected to boost the articulated robot market across the region. In addition, the lower cost of manufacturing enables different producers to set up their manufacturing facilities across the Asia Pacific.

Browse the full “Articulated Robot Market Payload (Upto 16 Kg, 16 to 60 Kg, 60 to 225 Kg, More Than 225 Kg), Function (Handling, Welding, Dispensing, Assembling, Others), Type (4-Axis or Less, 5-Axis, 6-Axis or More), Component (Controller, Arm, End Effector, Drive, Sensor, Others), End Use (Automotive, Electrical and Electronics, Chemicals, Rubber and Plastics, Metal and Machinery, Food and Beverages, Precision Engineering and Optics, Pharmaceuticals and Cosmetics, Others), Sales Channel (Direct Channel, Distribution Channel): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026.” Report at https://www.zionmarketresearch.com/report/articulated-robot-market

The global articulated robots market is segmented as follows:

By payload:

• Up to 16.00 kg
• 16.01–60.00 kg
• 60.01–225.00 kg
• Over 225.00 kg

By function:

• Dispensing
• Handling
• Welding

• Assembly
• Processing
• Others

By industry:

• Metal & Machinery
• Automotive
• Electrical & Electronics
• Precision Engineering & Optics
• Pharmaceuticals & Cosmetics
• Other

By region:

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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