The Insight Partners delivers well-researched industry-wide information on the Articulated Robot Market. It provides information on the market's essential aspects such as top participants, factors driving Articulated Robot market growth, precise estimation of the Articulated Robot market size, upcoming trends, changes in consumer behavioral pattern, market's competitive landscape, key market vendors, and other market features to gain an in-depth analysis of the market. Additionally, the report is a compilation of both qualitative and quantitative assessments by industry experts, as well as industry participants across the value chain. The report also focuses on the latest developments that can enhance the performance of various market segments.
The research report provides deep insights into the global market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Articulated Robot market during the forecast period, i.e., 2021–2028. Most importantly, the report further identifies the qualitative impact of various market factors on market segments and geographies. The research segments the market on the basis of product type, application, technology, and region. To offer more clarity regarding the industry, the report takes a closer look at the current status of various factors including but not limited to supply chain management, niche markets, distribution channel, trade, supply, and demand and production capability across different countries.
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An articulated robot possesses a robotic arm that utilizes a rotary joint to perform specific movements consistently and repeatedly. Articulated robots are mostly used in manufacturing industries for applications such as material handling, assembling, welding, picking, sealing, cutting, painting and spraying, and machine tending.
An increase in automation and the rising necessity for precise operation in assembly lines are some of the major factors driving the growth of the articulated robot market. However, the high initial investment is one of the major factors which may restrain the growth of the articulated robot market. Nevertheless, the need for application-specific robots provides a major opportunity for market expansion.
Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of the supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on 'Procurement as-a-Service Market' provides the analysis of the impact of Covid-19 on various business segments and country markets. The reports also showcase market trends and forecasts for 2028, factoring in the impact of the Covid -19 Situation.
The scope of the Report:
The report segments the global Articulated Robot Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the global Articulated Robot Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.
Major highlights of the report:
- All-inclusive evaluation of the parent market
- Evolution of significant market aspects
- Industry-wide investigation of market segments
- Assessment of market value and volume in past, present, and forecast years
- Evaluation of market share
- Tactical approaches of market leaders
- Lucrative strategies to help companies strengthen their position in the market
Major key players covered in this report:
1. ABB Ltd.2. KUKA AG3. Mitsubishi Electric Corp.4. FANUC Corporation5. Kawasaki Heavy Industries Ltd.6. DENSO WAVE INCORPORATED7. Omron Adept Technology, Inc.8. Nachi-Fujikoshi Corp9. Yaskawa Electric Corporation10. Seiko Epson Corporation
Articulated Robot Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America
The global articulated robot market is segmented on the basis of payload, function, industry. On the basis of payload, the market is segmented as up to 16.00 Kg, 16.01 " 60.00 Kg, 60.01 " 225.00 Kg, more than 225.00 Kg. On the basis of function, the market is segmented as handling, welding, dispensing, assembly, processing, others. On the basis of industry, the market is segmented as automotive, electrical & electronics, metal & machinery, food & beverages, precision engineering and optics, pharmaceuticals & cosmetics, others.
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Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Articulated Robot market.
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- The key findings and recommendations highlight crucial progressive industry trends in the Articulated Robot market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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