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.
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.
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.
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Report Features |
Specifics |
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Historical/Estimated/Forecasted Market Size Years |
2017-2024 |
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Base Year for Market Calculation |
2018 |
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Forecasted Period |
2019-2024 (2019 estimated year, forecasted up to 2024) |
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Measured Units |
Value (USD Million) Volume (Units) |
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Segments Included |
Axis, Component, Load Capacity, Application, End Use Industry |
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Regional Coverage |
Asia-Pacific, North America, Europe, South America, Rest of the World |
Key Companies Covered
For the scope of report, In-depth segmentation is offered by Forencis Research
Articulated Robots Market by Axis
Articulated Robots Market by Component
Articulated Robots Market by Load Capacity
Articulated Robots Market by Application
Articulated Robots Market by End Use Industry
Articulated Robots Market by Region
1 INTRODUCTION
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
1.6 Assumptions
1.7 Limitations
2 RESEARCH DESIGN & SCOPE
2.1 Introduction
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
4.1 Introduction
4.2 Drivers
4.2.1 Adoption of Industrial Internet of Things (IIOT) Technology
4.2.2 Increasing Demand for Efficiency in Production
4.3 Restraints
4.3.1 High Initial Investment Cost
4.3.2 High Ongoing Cost
4.4 Opportunities
4.4.1. Open Automation Architecture
4.4.2. Cost- Effective Configurations
4.5 Challenges
4.5.1. Issues in Industrial Cybersecurity
4.5.2. Scarcity of Skilled Workforce
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
5.1 Introduction
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)
6.1 Introduction
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)
7.1 Introduction
7.2 Hardware
7.2.1 Controller
7.2.2 Arm
7.2.3 End Effector
7.2.4 Drive
7.2.5 Sensor
7.3 Software
7.4 Services
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)
8.1 Introduction
8.2 Low
8.3 Medium
8.4 High
8.5 Heavy
9 GLOBAL ARTICULATED ROBOT MARKET BY APPLIACTION, Market Size in USD Million (2017—2024)
9.1 Introduction
9.2 Material Handling
9.3 Assembling
9.4 Welding
9.5 Molding
9.6 Others
10 GLOBAL ARTICULATED ROBOT MARKET BY END USE INDUSTRY, Market Size in USD Million (2017—2024)
10.1 Introduction
10.2 Automotive
10.3 Aerospace
10.4 Chemical
10.5 Consumer Goods
10.6 Electronics
10.7 Energy
10.8 Healthcare
10.9 Metal
10.10 Others
11 GLOBAL ARTICULATED ROBOT MARKET BY REGION, Market Size in USD Million (2017—2024)
11.1 North America
11.1.1 US
11.1.2 Canada
11.1.3 Mexico
11.2 Europe
11.2.1 Germany
11.2.2 France
11.2.3 Italy
11.2.4 UK
11.2.5 Spain
11.2.6 Rest of Europe
11.3 Asia-Pacific
11.3.1 China
11.3.2 India
11.3.3 Japan
11.3.4 South Korea
11.3.5 Taiwan
11.3.6 Rest of Asia-Pacific
11.4 Middle East & Africa
11.4.1 Saudi Arabia
11.4.2 UAE
11.4.3 Rest of Middle East
11.5 South America
11.5.1 Brazil
11.5.2 Argentina
11.5.3 Rest of South America
12 COMPETITIVE LANDSCAPE
12.1 Introduction
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 APPENDIX
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
