{"product_id":"articulated-robot-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","title":"Articulated Robot Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028","description":"\u003cp\u003eArticulated Robot Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028\u003cbr\u003e\nMarket Overview:\u003c\/p\u003e\n\n\u003cp\u003eThe global articulated robot market size reached US$ 9.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 15.6 Billion by 2028, exhibiting a growth rate (CAGR) of 9.2% during 2023-2028.\u003c\/p\u003e\n\n\u003cp\u003eAn articulated robot refers to a programmable machine that consists of rotary joints to allow a full range of motion. It has a minimum of two rotary joints and is commonly utilized in various industrial processes, such as material handling, welding, dispensing, assembling, cutting loading\/unloading and painting. Articulated robots enhance operational efficiency while performing complex tasks and can handle heavy products or materials, which are unsafe or difficult for humans. These robots also generate accurate output, are highly durable, cost-effective and require minimal rest. Owing to these benefits, they find extensive applications across various industries, including automotive, aerospace, and electronics.\u003c\/p\u003e\n\n\u003cp\u003eThe emerging trend of factory automation is one of the key factors driving the growth of the market. Furthermore, the growing need for operational efficiency in assembly lines is also providing a boost to the market growth. Articulated robots have high payload capacity and can conveniently handle tasks with immense speed and precision. Additionally, the growing electronics manufacturing services (EMS) industry across the globe is acting as another growth-inducing factor. These robots are extensively utilized to perform various functions, such as palletizing and welding, with superior positional capabilities and repeatability. Their functional features also include managing the minutest electronic components while minimizing the overall installation time and costs of implementing robotic solutions. Other factors including, growing adoption of industrial robots, significant growth in the automotive industry, and product innovations, such as the introduction of soft and vacuum grippers for handling fragile products, are projected to drive the market further.\u003c\/p\u003e\n\n\u003cp\u003eKey Market Segmentation:\u003cbr\u003e\nIMARC Group provides an analysis of the key trends in each sub-segment of the global articulated robot market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on payload, function, type, component and end use industry.\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Payload:\u003c\/p\u003e\n\n\u003cp\u003eUpto 16 Kg\u003cbr\u003e\n16 to 60 Kg\u003cbr\u003e\n60 to 225 Kg\u003cbr\u003e\nMore Than 225 Kg\u003cbr\u003e\n \u003cbr\u003e\nBreakup by Function:\u003c\/p\u003e\n\n\u003cp\u003eHandling\u003cbr\u003e\nWelding\u003cbr\u003e\nDispensing\u003cbr\u003e\nAssembling\u003cbr\u003e\nOthers\u003cbr\u003e\n \u003cbr\u003e\nBreakup by Type:\u003c\/p\u003e\n\n\u003cp\u003e4-Axis or Less\u003cbr\u003e\n5-Axis\u003cbr\u003e\n6-Axis or More\u003cbr\u003e\n \u003cbr\u003e\nBreakup by Component:\u003c\/p\u003e\n\n\u003cp\u003eController\u003cbr\u003e\nArm\u003cbr\u003e\nEnd Effector\u003cbr\u003e\nDrive\u003cbr\u003e\nSensor\u003cbr\u003e\nOthers\u003cbr\u003e\n \u003cbr\u003e\nBreakup by End Use Industry:\u003c\/p\u003e\n\n\u003cp\u003eAutomotive\u003cbr\u003e\nElectrical and Electronics\u003cbr\u003e\nChemicals, Rubber and Plastics\u003cbr\u003e\nMetal and Machinery\u003cbr\u003e\nFood and Beverages\u003cbr\u003e\nPrecision Engineering and Optics\u003cbr\u003e\nPharmaceuticals and Cosmetics\u003cbr\u003e\nOthers\u003cbr\u003e\n \u003cbr\u003e\nBreakup by Region:\u003c\/p\u003e\n\n\u003cp\u003eNorth America\u003cbr\u003e\nUnited States\u003cbr\u003e\nCanada\u003cbr\u003e\nAsia Pacific\u003cbr\u003e\nChina\u003cbr\u003e\nJapan\u003cbr\u003e\nIndia\u003cbr\u003e\nSouth Korea\u003cbr\u003e\nAustralia\u003cbr\u003e\nIndonesia\u003cbr\u003e\nOthers\u003cbr\u003e\nEurope\u003cbr\u003e\nGermany\u003cbr\u003e\nFrance\u003cbr\u003e\nUnited Kingdom\u003cbr\u003e\nItaly\u003cbr\u003e\nSpain\u003cbr\u003e\nRussia\u003cbr\u003e\nOthers\u003cbr\u003e\nLatin America\u003cbr\u003e\nBrazil\u003cbr\u003e\nMexico\u003cbr\u003e\nOthers\u003cbr\u003e\nMiddle East and Africa\u003cbr\u003e\n \u003cbr\u003e\nCompetitive Landscape:\u003cbr\u003e\nThe report has also analysed the competitive landscape of the market with some of the key players being ABB Ltd., American Robot Corporation, Aurotek Corporation, Denso Wave Incorporated, Fanuc Corporation, Kawasaki Heavy Industries Ltd., Kuka Aktiengesellschaft (Midea Group), Mitsubishi Electric Corporation, Nachi-Fujikoshi Corp., Nimak GmbH, Seiko Epson Corporation and Yaskawa Electric Corporation.\u003c\/p\u003e\n\n\u003cp\u003eKey Questions Answered in This Report:\u003c\/p\u003e\n\n\u003cp\u003eHow has the global articulated robot market performed so far and how will it perform in the coming years?\u003cbr\u003e\nWhat has been the impact of COVID-19 on the global articulated robot market?\u003cbr\u003e\nWhat are the key regional markets?\u003cbr\u003e\nWhat is the breakup of the market based on the payload?\u003cbr\u003e\nWhat is the breakup of the market based on the function?\u003cbr\u003e\nWhat is the breakup of the market based on the type?\u003cbr\u003e\nWhat is the breakup of the market based on the component?\u003cbr\u003e\nWhat is the breakup of the market based on the end use industry?\u003cbr\u003e\nWhat are the various stages in the value chain of the industry?\u003cbr\u003e\nWhat are the key driving factors and challenges in the industry?\u003cbr\u003e\nWhat is the structure of the global articulated robot market and who are the key players?\u003cbr\u003e\nWhat is the degree of competition in the industry?\u003c\/p\u003e","brand":"Heavy Industry","offers":[{"title":"October, 2023 \/ 149 Pages \/ MCW16215280","offer_id":47617460633906,"sku":null,"price":2999.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/articulated-robot-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}