Parallel Robot market at the territorial level, which has been additionally bifurcated at the country level to provide a nitty-gritty view to the organizations. An uncommon center has been given to the vital participants in the organization profile area. This part incorporates monetary incomes, geological presence, and business outline, items offered, and key techniques embraced by the players to remain ahead in the opposition. Essential exploration was led with industry specialists, including VPs, advisors, item supervisors, and store network chiefs.
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Parallel robots have two or more arms that are interconnected through several joints and links. Parallel robots are generally of two types namely hexapods and delta robots. Hexapods are used due to their motion freedom in a wide range of applications. Delta robots on the other hand are used for simple pick and place applications. Parallel robots are closed consisting of fixed and moving platforms. Parallel robots incorporate both actuated and passive joints. Parallel robots have increased stability and arm rigidity with faster cycle times.
The on- going trend of shifting from manual functioning to automation is inducing the growth of parallel robots. Technological advancements and increased focus on innovative product offerings with lower maintenance cost and enhanced components is another factor fuelling up the growth of parallel robots market. Increased focus of small and medium scale enterprises on parallel robots will further propel the growth of the market. Rising focus on employee safety, increasing cases of industrial accidents and rising consumption of consumer goods are some other indirect market growth determinants. Increase in cumulative savings owing to the long term use of parallel robots will further work in the favour of market growth.
The global Parallel Robot market is divided into a type that includes
By Product (Hexapods and Delta Robots),
Type (Double Arms and Multiple Arms),
End Users (Food and Beverages, Medical, Electronics and Others),
Some of the distinguished players in the market include
FANUC CORPORATION, Epson America, Inc., Yamaha Motor Co., Ltd., ABB, Penta Robotics, OMRON Corporation, Codian Robotics, Kawasaki Heavy Industries, Ltd., Stäubli International AG., Guangzhou CNC Equipment Co., Ltd., Hiwin Corporation, Shenzhen City TEDA Roboter record, Shenyang SIASUN robot, Asyril SA, Mitsubishi Electric Corporation, DENSO Products and Services Americas, Inc., Yaskawa America, Inc., KUKA AG, Bekannter (Yuyao) Robotics Technology Co., Ltd. and AtomRobot. among other
Geographically, the market has been segmented into
· North America (United States, Canada and Mexico)
· Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
· Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
· South America (Brazil, Argentina, Colombia, and Rest of South America)
· Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
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Key Points of the Report
· The analysis of growth trends of Global Parallel Robot market is based upon the CAGR calculated from 2022-2029.
· To analyse the functioning of the market in each region, the market share and growth rate of each geographical region are evaluated.
· It includes all of the necessary details on the market’s major producers, customers, and distributors.
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