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An In-Depth Analysis of the Global Articulated Robots Market Scope and its rapid growing 5.1% CAGR forcasted for period from 2024 to 2031

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DylanDouglas
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The "Articulated Robots Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Articulated Robots market is expected to grow annually by 5.1% (CAGR 2024 - 2031).

This entire report is of 107 pages.

Articulated Robots Introduction and its Market Analysis

The Articulated Robots market research report analyzes the current market conditions, detailing the growth opportunities and challenges in the industry. Articulated Robots are robotic arms with joints that allow for flexibility and precise movements, making them ideal for manufacturing and automation applications. The target market includes industries such as automotive, electronics, healthcare, and food processing. Major factors driving revenue growth include increased demand for automation, advancements in technology, and cost efficiency. Key players in the market include FANUC, KUKA, ABB, Yaskawa, Kawasaki, DENSO, and others. The report's main findings highlight the growing adoption of articulated robots and recommend companies to invest in research and development to stay competitive in the market.

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The Articulated Robots market is experiencing steady growth with three main types - 4-Axis or Less, 5-Axis, and 6-Axis or More dominating the market. These robots find application in industries such as Automotive, Electrical and Electronics, Machinery, Rubber, Plastics & Chemicals, and Food & Beverage. Regulatory and legal factors specific to market conditions play a crucial role in ensuring the safety and efficiency of these robots. Manufacturers must adhere to guidelines set by regulatory bodies to ensure compliance with safety standards and regulations. As the demand for automation in different industries continues to grow, the Articulated Robots market is expected to witness further expansion in the coming years. Companies operating in this market must stay abreast of changing regulations and industry standards to maintain their competitive edge and meet the evolving needs of customers.

Top Featured Companies Dominating the Global Articulated Robots Market

The articulated robots market is highly competitive and is dominated by key players such as FANUC, KUKA, ABB, Yaskawa, Kawasaki, DENSO, Nachi-Fujikoshi, Epson, Staubli, OTC, COMAU, Omron Adept Technologies, SIASUN, HIWIN(TW), Yamaha, GSK, Triowin, and Nanjing Estun Automation.

These companies offer a wide range of articulated robots for various applications such as welding, material handling, assembly, painting, and packaging. They provide advanced technologies such as artificial intelligence, machine learning, and Internet of Things (IoT) integration to improve the efficiency and performance of their robots.

FANUC, for example, is known for its high-speed and precision robots used in industries like automotive, electronics, and aerospace. KUKA specializes in collaborative robots that can work alongside humans safely. ABB offers robots with flexible design capabilities for different production environments. Yaskawa is known for its wide range of robot models suitable for various industrial applications.

These companies help to grow the articulated robots market by continuously innovating and improving their products to meet the changing demands of industries worldwide. They also offer customized solutions and after-sales services to ensure customer satisfaction.

In terms of sales revenue, some of these companies have reported impressive figures. For example, FANUC reported a sales revenue of around $ billion in 2020. KUKA reported a revenue of approximately $3.37 billion, while ABB reported around $26.5 billion in revenue. Yaskawa reported a revenue of about $3.25 billion, showcasing the significant market presence and impact of these companies in the articulated robots market.

  • FANUC
  • KUKA
  • ABB
  • Yaskawa
  • Kawasaki
  • DENSO
  • Nachi-Fujikoshi
  • Epson
  • Staubli
  • OTC
  • COMAU
  • Omron Adept Technologies
  • SIASUN
  • HIWIN(TW)
  • Yamaha
  • GSK
  • Triowin
  • Nanjing Estun Automation

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Articulated Robots Market Analysis, by Type:

  • 4-Axis or Less
  • 5-Axis
  • 6-Axis or More

Articulated robots are classified into three main categories based on the number of axes they possess: 4-axis or less, 5-axis, and 6-axis or more. 4-axis robots are simpler and less expensive, making them ideal for tasks that require minimal flexibility. 5-axis robots offer more versatility and precision, making them suitable for more complex applications. 6-axis robots are the most advanced, with the ability to mimic human arm movements and perform tasks with maximum flexibility. The variety of options available in the articulated robots market helps cater to a wide range of industries, boosting overall demand for these robotic systems.

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Articulated Robots Market Analysis, by Application:

  • Automotive
  • Electrical and Electronics
  • Machinery
  • Rubber, Plastics & Chemicals
  • Food & Beverage

Articulated robots are widely used in various industries, such as automotive for assembling, welding, painting, etc., electrical and electronics for precision handling of components, machinery for loading and unloading tasks, rubber, plastics & chemicals for material handling and processing, and food & beverage for packaging and palletizing. The fastest growing application segment in terms of revenue is the automotive industry, where articulated robots are increasingly utilized for various production processes to increase efficiency, accuracy, and productivity. These robots are programmed to perform specific tasks with precision, speed, and flexibility, making them essential in modern manufacturing environments.

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Articulated Robots Industry Growth Analysis, by Geography:

North America:

  • United States
  • Canada

Europe:

  • Germany
  • France
  • U.K.
  • Italy
  • Russia

Asia-Pacific:

  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia

Latin America:

  • Mexico
  • Brazil
  • Argentina Korea
  • Colombia

Middle East & Africa:

  • Turkey
  • Saudi
  • Arabia
  • UAE
  • Korea

The articulated robots market is expected to witness significant growth in regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America, specifically the United States and Canada, is expected to dominate the market with a market share of around 35%. Europe, with key countries such as Germany, France, the ., and Italy, is also expected to have a substantial market share of about 25%. Asia-Pacific, led by countries like China, Japan, South Korea, and India, is projected to hold a market share of approximately 20%. Latin America and Middle East & Africa are expected to account for around 10% and 5% of the market share, respectively.

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