India Robotic Arm Market
India robotic arm market is expected to reach USD 12.29 billion by 2031 from USD 4.70 billion in 2023, growing with a CAGR of 13.1% in the forecast period of 2024 to 2031.
Market Segmentation: India Robotic Arm Market, By Robot Type (Articulated Robots, Cartesian Robots, Collaborative Robots, SCARA Robots, Parallel Robots, Cylindrical Robots, and Others), Type (Electric, Hydraulic, and Pneumatic), Payload Capacity (100 Kgs-500 Kgs, 500Kgs-1000Kgs, Below 100 Kgs, 1000 Kgs to 3000 Kgs, and Above 3000 Kgs), Axis Type (6 Axis, 7 Axis, 5 Axis, 4 Axis, 3 Axis, 2 Axis, and 1 Axis), Application (Handling, Assembling & Disassembling, Welding & Soldering, Dispensing, Inspection & Quality Testing, Processing, Sorting, Bonding and Sealing, and Others), End Users (Automotive, Electrical & Electronics, Metals & Machinery, Food and Beverages, Plastic and Packaging, Chemicals, Healthcare and Pharmaceuticals, Aerospace and Defense, Logistics and Transportations, Constructions, Oil and Gas, Waste Management and Recycling, Retail, Agriculture, and Others), Country (India) - Industry Trends and Forecast to 2031
Overview of India Robotic Arm Market Dynamics:Driver
• Rising demand of automation across industries
Restraint
• High upfront costs associated with purchasing and implementing robotic arms
Opportunity
• Rapid advancement in robotic technology, including Artificial Intelligence (AI) and machine learning
Market Players:The key market players operating in the India robotic arm market are listed below:• Mitsubishi Electric Corporation
• MCI Robotics
• Seiko Epson Corporation
• Mecademic
• Kawasaki Heavy Industries
• Asimov Robotics
• DENSO CORPORATION.
• Systemantics
• Svaya Robotics Pvt. Ltd
• Gridbots Technologies Private Limited.
• JanyuTech
• ABB
• FANUC CORPORATION
• Universal Robots A/S
• YASKAWA ELECTRIC CORPORATION
• OMRON Corporation
• KUKA AG
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