Global robotic arm market was valued at USD 26.24 billion in 2021 and is expected to reach USD 74.35 billion by 2029, registering a CAGR of 13.90% during the forecast period of 2022-2029
The Robotic Arm Market report is bifurcated into several attributes which include manufacturers, region, type, application, market status, market share, growth rate, future trends, market drivers, opportunities, challenges, emerging trends, risks, entry barriers, sales channels, and distributors which are again detailed in the report as required to describe the topic and provide maximum information for better decision making. Robotic Arm Market report also provides an exhaustive analysis of geographical scenario of the ABC industry including detailed analysis of market scope, share, year on year development and opportunity analysis about the major regions.
With this business research document, get answers to several market related queries such as what is the overall market size in 2020? Which region is expected to have a high demand for a product in the forthcoming years? What are the market openings for current and entry-level players? The report performs market competition by top manufacturers, with respect to production, price, revenue (value) and each manufacturer. The research studies of this Robotic Arm Market report helps to evaluate several important parameters that can be mentioned as investment in a rising market, success of a new product, and expansion of market share.
Robotic Arm Market Analysis and Size
The rise in technology and advancements have reduced the superior working hours that are required for maintenance. Robotic arms are being widely utilized in handling the heavy payloads at the arm wrist. These advanced arms are effective in handling payload capacity, which increases its capacity as per the task.
Global robotic arm market was valued at USD 26.24 billion in 2021 and is expected to reach USD 74.35 billion by 2029, registering a CAGR of 13.90% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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Market Scope and Size - Robotic Arm Market
The robotic arm market is segmented on the basis of payload capacity, type, axes, end user industry and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Payload Capacity
· Less than 500KG
· 500-3000KG
· 3001KG and Above
Type
· Articulated
· Cartesian
· SCARA
· Spherical or Polar
· Cylindrical
· Others
Axes
· 1-Axis
· 2-Axis
· 3-Axis
· 4-Axis
· 5-Axis
· 6-Axis
· 7-Axis
End User Industry
· Automotive
· Electrical and Electronics
· Metals and Machinery
· Plastics and Chemicals
· Food and Beverages
· Others
Application
· Materials Handling
· Cutting and Processing
· Soldering and Welding
· Assembling and Disassembling
· Others
Robotic Arm Market Country Level Analysis
The robotic arm market is analysed and market size insights and trends are provided by country, payload capacity, type, axes, end user industry and application as referenced above.
The countries covered in the robotic arm market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA).
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Key Players- Robotic Arm Market
Some of the major players operating in the robotic arm market are
· KUKA AG (Germany)
· FANUC CORPORATION (Japan)
· YASKAWA ELECTRIC CORPORATION. (Japan)
· Kawasaki Heavy Industries, Ltd. (Japan)
· ABB (Sweden)
· Mitsubishi Electric Corporation (Japan)
· Adept Technologies (India)
· DENSO WAVE INCORPORATED. (Japan)
· Rockwell Automation, Inc. (US)
· NACHI-FUJIKOSHI CORP. (Japan)
· Universal Robots (Denmark)
· OMRON Corporation (Japan)
· Seiko Epson Corporation. (Japan)
· Flexiv (US)
· Asimov Robotics. (India)
· Gridbots Technologies Private Limited. (India)
· Dobot.cc (China)
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