Global Articulated Robots Market Growth 2023-2029
An articulated robot is a robot which is fitted with rotary joints. Rotary joints allow a full range of motion, as they rotate through multiple planes, and they increase the capabilities of the robot considerably. An articulated robot can have one or more rotary joints, and other types of joints may be used as well, depending on the design of the robot and its intended function.
LPI (LP Information)' newest research report, the “Articulated Robots Industry Forecast” looks at past sales and reviews total world Articulated Robots sales in 2022, providing a comprehensive analysis by region and market sector of projected Articulated Robots sales for 2023 through 2029. With Articulated Robots sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Articulated Robots industry.
This Insight Report provides a comprehensive analysis of the global Articulated Robots landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Articulated Robots portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Articulated Robots market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Articulated Robots and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Articulated Robots.
The global Articulated Robots market size is projected to grow from US$ 8302.6 million in 2022 to US$ 10510 million in 2029; it is expected to grow at a CAGR of 10510 from 2023 to 2029.
FANUC, KUKA, ABB, Yaskawa and Kawasaki are the leaders of the Articulated Robot industry, which take about 60% market share. Asia-Pacific is the major region of the global market, which takes about 61% market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Articulated Robots market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
4-Axis or Less
5-Axis
6-Axis or More
Segmentation by application
Automotive
Electrical and Electronics
Machinery
Rubber, Plastics & Chemicals
Food & Beverage
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
FANUC
KUKA
ABB
Yaskawa
Kawasaki
DENSO
Nachi-Fujikoshi
Epson
Staubli
OTC
COMAU
Omron Adept Technologies
SIASUN
HIWIN(TW)
Yamaha
GSK
Triowin
Nanjing Estun Automation
Key Questions Addressed in this Report
What is the 10-year outlook for the global Articulated Robots market?
What factors are driving Articulated Robots market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Articulated Robots market opportunities vary by end market size?
How does Articulated Robots break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.