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Articulated Robots Market Size, Growth, and Trends by 2024

Get the latest analysis of the Articulated Robots market, including size, growth projections, and trends leading up to 2024. Learn about innovations and market dynamics.

The latest report published by Fortune business insights with the title “Articulated Robots Market 2024, Growth Opportunities, and Forecast” provides actionable insights on Machinery & Equipment industry. The report includes demand analysis, industry insights, competitive intelligence, and a customer database. The research report on Articulated Robots Market provides a comprehensive assessment of the market through strategic insights into future trends, growth factors, supplier landscape, demand landscape, year-on-year growth rate, CAGR, and pricing analysis. It also offers a variety of business matrices such as Porter’s Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps’ Analysis, Market Attractiveness Analysis, BPS Analysis, and Ecosystem Analysis.

The Articulated Robots Market is growing with the increasing adoption of automation in manufacturing and industrial applications. Articulated robots, known for their flexibility and range of motion, are used for tasks such as assembly, welding, and material handling. Market growth is driven by advancements in robotics technology, including improved control systems and enhanced precision. Trends include the integration of AI and machine learning to enhance robot capabilities and adaptability. Challenges include managing the high cost of robotic systems and ensuring compatibility with existing processes. Innovations focus on increasing robot versatility and reducing operational costs.

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Articulated Robots Market Share, Size & Industry Analysis, By Function (Handling, Welding, Dispensing, Assembly, Processing, Others), By Industry (Automotive, Electrical & Electronics, Chemicals. Rubbers & Plastics, Metal & Machinery, Food & Beverages) And Regional Forecast Between, 2024-2032

Top Companies of articulated robots market:

ABB Ltd., KUKA AG, Mitsubishi Electric Corp., FANUC Corporation, Kawasaki Heavy Industries Ltd., DENSO WAVE INCORPORATED, OMRON ADEPT TECHNOLOGIES, INC., NACHI-FUJIKOSHI CORP., Yaskawa Electric Corporation, and SEIKO EPSON CORPORATION.

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Articulated Robots Market Drivers and restrains:

  • Advancements in joint and actuator technology, leading to increased flexibility, precision, and load capacity of articulated robots.
  • Integration of advanced sensors and vision systems for improved accuracy, object detection, and real-time feedback in robotic operations.
  • Development of more intuitive programming interfaces and user-friendly control systems, simplifying setup and operation for various applications.
  • Enhanced focus on collaborative robots (cobots) designed to work safely alongside humans, with features such as adaptive safety systems and easy programming.
  • Growth in demand driven by expanding applications in automotive manufacturing, electronics assembly, and other high-precision industries requiring flexible automation solutions.
  • Improvement in energy efficiency and reduced operational costs through advancements in robotic design and optimized energy management systems.
  • Expansion of product lines to include a range of sizes and configurations, catering to diverse industrial needs and operational environments.
  • Integration of AI and machine learning technologies for enhanced autonomous decision-making, process optimization, and predictive maintenance.
  • Strengthening of industry standards and regulations to ensure safety, reliability, and performance across various applications and environments.
  • Increased investment in R&D to drive innovation and develop next-generation articulated robots with advanced functionalities, greater capabilities, and improved performance.

Reasons to buy this report:

This report provides a detailed analysis of the current market status, trends, growth segments, and competitive dynamics in the articulated robots market. It enables businesses to identify opportunities for growth and development while also highlighting potential challenges and risks. By evaluating business segments and product portfolios, the report enables stakeholders to make more informed market strategies and investments.

A thorough understanding of the industry dynamics outlined in the report can significantly improve decision-making and facilitate the development of effective success strategies in the articulated robots market. Overall, this report is an excellent resource for those seeking in-depth information about this rapidly changing industry.

Regional Atributes:

  • North America (U.S., Canada and Mexico)
  • Europe (U.K., Germany, Spain, Italy, France, Benelux, Nordics and Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania and Rest of Asia Pacific)
  • Middle East & Africa (Israel, Turkey, GCC, North Africa, South Africa and Rest of the Middle East & Africa)
  • South America (Brazil, Argentina and Rest of South Africa)

Table of Contents:

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • Key Industry Developments – Merger, Acquisitions, and Partnerships
    • Porter’s Five Forces Analysis
    • SWOT Analysis
    • Technological Developments
    • Value Chain Analysis

TOC Continued…!

Industry developments of articulated robots market:

  • Stäubli International AG partnered with Sepro Group to produce a Model 6X-60 6-axis robot and a 3-axis Success 5 unit at Swiss Plastics Expo 2020. It is designed to serve injection-molding machines with up to 100 tons of clamp, it has a maximum payload capacity of 9 kg and an operating radius of up to 920 mm.
  • ABB Limited’s new 3D quality inspection (3DQI) robot cell, which is capable of detecting defects of less than half the width of a human hair and imperceptible to the naked eye, significantly accelerates the production process by providing fast, accurate testing to make metrology easier and less time consuming.

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Fortune Business Insights is dedicated to providing clients worldwide with a unique combination of qualitative and quantitative market research reports. We assist both international and domestic businesses in optimizing their operations by providing comprehensive market insights and accurate forecasts. Our reports cover all critical aspects of the market, providing valuable insights and projections to clients around the world.

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FAQ’s:

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