Global Parallel Robots Market Growth 2023-2029

Global Parallel Robots Market Growth 2023-2029

Parallel robot refers to an industrial robot with two, three, four or more degrees of freedom connected by at least two movable links between the moving platform and the base.
LPI (LP Information)' newest research report, the “Parallel Robots Industry Forecast” looks at past sales and reviews total world Parallel Robots sales in 2022, providing a comprehensive analysis by region and market sector of projected Parallel Robots sales for 2023 through 2029. With Parallel Robots sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Parallel Robots industry.
This Insight Report provides a comprehensive analysis of the global Parallel 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 Parallel Robots portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Parallel Robots market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Parallel 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 Parallel Robots.
The global Parallel Robots market size is projected to grow from US$ 3502.6 million in 2022 to US$ 8170.8 million in 2029; it is expected to grow at a CAGR of 8170.8 from 2023 to 2029.
Japan and Europe are the forefront regions of the world's largest parallel robot production market. At the same time, China is also the forefront of the largest parallel robot consumer market in 2019.
ABB, Fanuc and Yaskawa are the top 3 manufacturers of the world they hold half of the market share in 2019.
In the application field, the food and 3C industries have a market share of 25.02% and 28.51% in 2019, respectively. Due to the different strategic positioning and demand of products in various application fields, the gap in market share has been expanding.
At present, there are mainly two types of parallel robots, multi-axis and two-axis. Multi-axis is the main type of parallel robots. In 2019, the output of multi-axis parallel robots is about 14,909 (units), accounting for 70.52% of the global share.
This report presents a comprehensive overview, market shares, and growth opportunities of Parallel Robots market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Multi-Axis
Two-Axis
Segmentation by application
Food Industry
Pharmaceutical Industry
Daily Chemical Industry
3C Industry
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.
ABB
Fanuc
Yaskawa
Omron
Kawasaki Heavy Industries
Bekannter Robot Technology Co., Ltd.
Atomrobot
Robotphoenix LLC
Penta Robotics
warsonco Corporation

Key Questions Addressed in this Report
What is the 10-year outlook for the global Parallel Robots market?
What factors are driving Parallel Robots market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Parallel Robots market opportunities vary by end market size?
How does Parallel 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.