Articulated Robots Market: Summary
The global articulated robots market is estimated to reach USD 25.6 Billion in 2024 at a CAGR of 15.8%. Adoption of Industrial Internet of Things (IIOT) technology is expected to drive the articulated robots market during the forecast period. However, High initial investment cost is expected to restrain the market during the forecast period. Open automation architecture is expected to become an opportunity for articulated robots market.
Articulated robot is a robot which has rotary joints. Number of rotary joints can vary from two to ten or more. Articulated robots enable articulated and interpolated movement to any extent within the work area. Some key players in articulated robots market are FANUC Corp., Yaskawa Electric Corp., ABB Ltd., Kawasaki Heavy Industries Ltd and Nachi-Fujikoshi Corp. among others.
Articulated Robots Market: Report Synopsis
This market research report offers a comprehensive analysis of key market trends in the global articulated robots market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. On the basis of axis, the market is segmented into 4- axis, 5- axis, 6- axis, and 7- axis. By component, the articulated robots market is segmented into hardware, software, and services. By load capacity, the articulated robot market is segmented into low, medium, high, and heavy. By application, the articulated robots market is segmented into material handling, assembling, welding, molding, and others. By end use industry, the articulated robots market is segmented into automotive, aerospace, chemical, consumer goods, electronics, energy, healthcare, manufacturing, and others.
Articulated Robot Market: Report Scope
The report on the articulated robots market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Historical/Estimated/Forecasted Market Size Years
Base Year for Market Calculation
2019-2024 (2019 estimated year, forecasted up to 2024)
Value (USD Million) Volume (Units)
Axis, Component, Load Capacity, Application, End Use Industry
Asia-Pacific, North America, Europe, South America, Rest of the World
Key Companies Covered
- FANUC Corp. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
- Yaskawa Electric Corp.
- ABB Ltd.
- Kawasaki Heavy Industries Ltd
- Nachi-Fujikoshi Corp.
- DENSO Corporation
- KUKA AG
- Mitsubishi Electric Corporation
- Seiko Epson Corporation
- Stäubli International AG
- Other Key Companies
Articulated Robots Market: Report Segmentation
For the scope of report, In-depth segmentation is offered by Forencis Research
Articulated Robots Market by Axis
- 4- Axis
- 5- Axis
- 6- Axis
- 7- Axis
Articulated Robots Market by Component
- End Effector
Articulated Robots Market by Load Capacity
Articulated Robots Market by Application
- Material Handling
Articulated Robots Market by End Use Industry
- Consumer Goods
Articulated Robots Market by Region
- South Korea
- Rest of Asia-Pacific
- North America
- Rest of Europe
- Middle East and Africa
- Saudi Arabia
- Rest of Middle East & Africa
- South America
- Rest of South America
Key Questions answered by the report
- What are the major developments impacting the global market and its growth?
- What will be the effects of the developments in the global market on the industry and on the market players in the near and far future?
- What are the evolving types of the global market?
- What are the evolving applications of global market?
- What are the major characteristics that will affect the global market growth during the study period?
- Who are the key players operating in the global market?
- How are the major players leveraging in the existing market conditions?
- Articulated Robots Providers
- Articulated Robots Solution and Services Suppliers, Distributors and Dealers
- End-Users of Varied Segments of Articulated Robots Market
- Government Bodies and Intellectual Institutions
- Associations and Industrial Organizations
- Research & Consulting Service Providers
- Research & Development Organizations
- Investment Banks & Private Equity Firms
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE ARTICULATED ROBOTS MARKET STUDY
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
2 RESEARCH DESIGN & SCOPE
2.2 Primary Research
2.2.1 Key Industry Expert Insight
2.3 Secondary Research
2.3.1 Vital Data from Secondary Sources
2.4 Market Size Estimation
2.5 Data Validation & Triangulation
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.2.1 Adoption of Industrial Internet of Things (IIOT) Technology
4.2.2 Increasing Demand for Efficiency in Production
4.3.1 High Initial Investment Cost
4.3.2 High Ongoing Cost
4.4.1. Open Automation Architecture
4.4.2. Cost- Effective Configurations
4.5.1. Issues in Industrial Cybersecurity
4.5.2. Scarcity of Skilled Workforce
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
5.1.1. Power of Buyers
5.1.2. Power of Suppliers
5.1.3. Intensity of Competition
5.1.4. Challenges of Substitutes
5.1.5. Challenges of New Entrants
5.2 Macro-Economic Indicators
6 GLOBAL ARTICULATED ROBOT MARKET BY AXIS, Market Size in USD Million (2017—2024)
6.2 4- Axis
6.3 5- Axis
6.4 6- Axis
6.5 7- Axis
7 GLOBAL ARTICULATED ROBOT MARKET BY COMPONENT, Market Size in USD Million (2017—2024)
7.2.3 End Effector
7.4.1 Managed Services
7.4.2 Professional Services
8 GLOBAL ARTICULATED ROBOT MARKET BY LOAD CAPACITY, Market Size in USD Million (2017—2024)
9 GLOBAL ARTICULATED ROBOT MARKET BY APPLIACTION, Market Size in USD Million (2017—2024)
9.2 Material Handling
10 GLOBAL ARTICULATED ROBOT MARKET BY END USE INDUSTRY, Market Size in USD Million (2017—2024)
10.5 Consumer Goods
11 GLOBAL ARTICULATED ROBOT MARKET BY REGION, Market Size in USD Million (2017—2024)
11.1 North America
11.2.6 Rest of Europe
11.3.4 South Korea
11.3.6 Rest of Asia-Pacific
11.4 Middle East & Africa
11.4.1 Saudi Arabia
11.4.3 Rest of Middle East
11.5 South America
11.5.3 Rest of South America
12 COMPETITIVE LANDSCAPE
12.2 Market Ranking/Share Analysis of Key Companies
12.3 Company Benchmarking
13 COMPANY PROFILES
13.1 FANUC Corp.
13.1.1 Company Overview
13.1.2 Financial Overview
13.1.3 Products/Solutions/Services Offered
13.1.4 Key Developments
13.1.5 SWOT Analysis
13.2 Yaskawa Electric Corp.
13.3 ABB Ltd.
13.4 Kawasaki Heavy Industries Ltd
13.5 Nachi-Fujikoshi Corp.
13.6 DENSO Corporation
13.7 KUKA AG
13.8 Mitsubishi Electric Corporation
13.9 Seiko Epson Corporation
13.10 Stäubli International AG
13.11 Other Key Companies
14.1 Key Industry Expert Insights
14.2 Primary Discussion Guide
14.3 Customization Options
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY