Articulated Robots Market Insight: Market Trends, Growth, Forecasted from 2024 TO 2031

The Global Articulated Robots market is expected to grow annually by 4.3% (CAGR 2024 - 2031). The Global Market Overview of "Articulated Robots Market" provides a special perspective on the major patterns influencing the market in the biggest markets as well as globally from 2024 to 2031 year.

Introduction to Articulated Robots Market Insights

With the advancement of technology, futuristic approaches like artificial intelligence, big data analytics, and machine learning are being utilized to gather insights into the Articulated Robots market. These technologies enable the collection and analysis of vast amounts of data to predict market trends, consumer behavior, and competitive landscapes more accurately. This enhanced understanding can help businesses make informed decisions, identify emerging opportunities, and address potential challenges in the market.

The Articulated Robots market is projected to grow at a CAGR of % during the forecasted period, and leveraging advanced technologies for market insights can play a vital role in shaping the future trends of this industry. By embracing innovation and staying ahead of the curve, companies can adapt to changing market dynamics and capitalize on the growth opportunities presented by the evolving landscape of Articulated Robots.

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Market Trends Shaping the Articulated Robots Market Dynamics

1. Industry and automation: The increasing adoption of Industry 4.0 technologies is driving the demand for articulated robots that can perform complex tasks with precision and efficiency.

2. Collaborative robots: The rise of collaborative robots, or cobots, is changing the landscape of the articulated robots market by providing safe and flexible robotic solutions that can work alongside humans.

3. Artificial intelligence and machine learning: The integration of AI and ML technologies in articulated robots is enabling them to learn and adapt to new tasks, enhancing their capabilities and efficiency.

4. Integration of vision systems: The incorporation of vision systems in articulated robots is improving their accuracy and enabling them to perform tasks that require high levels of precision and consistency.

5. Increased versatility: Articulated robots are now being designed to be more versatile and adaptable, allowing them to perform a wider range of tasks in various industries.

Market Segmentation:

This Articulated Robots Market is further classified into Overview, Deployment, Application, and Region. 

In terms of Components, Articulated Robots Market is segmented into:

• FANUC
• KUKA
• ABB
• Yaskawa
• Kawasaki
• DENSO
• Nachi-Fujikoshi
• Epson
• Staubli
• OTC
• COMAU
• Omron Adept Technologies
• SIASUN
• HIWIN(TW)
• Yamaha
• GSK
• Triowin
• Nanjing Estun Automation

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The Articulated Robots Market Analysis by types is segmented into:

• 4-Axis or Less
• 5-Axis
• 6-Axis or More

Articulated robots are categorized based on the number of axes they have. 4-Axis or Less robots are simpler and less flexible, suitable for basic tasks. 5-Axis robots offer more versatility and dexterity, making them ideal for complex assembly and handling operations. 6-Axis or More robots provide even greater flexibility and precision, allowing them to perform intricate tasks in industries like automotive and electronics. Each market type caters to a specific set of requirements and applications, offering varying levels of performance and capability.

The Articulated Robots Market Industry Research by Application is segmented into:

• Automotive
• Electrical and Electronics
• Machinery
• Rubber, Plastics & Chemicals
• Food & Beverage

Articulated robots find application in various industries such as Automotive, Electrical and Electronics, Machinery, Rubber, Plastics & Chemicals, and Food & Beverage. In the automotive industry, they are used for tasks like welding and painting. In the electrical and electronics sector, they aid in assembly and testing processes. In the machinery industry, articulated robots assist in tasks like material handling and packaging. In the rubber, plastics & chemicals industry, they help with molding and handling materials. In the food & beverage market, they are utilized for packaging and palletizing.

In terms of Region, the Articulated Robots Market Players available by Region are:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The articulated robots market is expected to witness significant growth in regions like North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America, particularly the United States, is expected to dominate the market with a market share of around 35%. The market in Europe, led by countries like Germany and France, is also expected to grow rapidly with a market share of about 25%. In Asia-Pacific, China and Japan are anticipated to be the major contributors to market growth, with a market share of approximately 20%. The market in Latin America and Middle East & Africa is also projected to witness significant growth, with market shares of around 10% and 5% respectively.

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Articulated Robots Market Expansion Tactics and Growth Forecasts

The Articulated Robots market is expected to witness significant growth through innovative expansion tactics such as cross-industry collaborations, ecosystem partnerships, and disruptive product launches. By partnering with companies in industries such as healthcare, logistics, and automotive, Articulated Robots manufacturers can tap into new markets and capitalize on the increasing demand for automation solutions.

Disruptive product launches, such as robots with advanced AI capabilities, improved accuracy, and enhanced flexibility, will also drive market growth. These products will cater to a wide range of applications, from assembly and pick and place tasks to painting and welding.

Industry trends such as the rising adoption of Industry technologies, the increasing need for automation to improve productivity and efficiency, and the growing demand for robotic solutions in emerging markets are expected to further boost the growth of the Articulated Robots market. Overall, the market is forecasted to expand at a rapid pace in the coming years, driven by these innovative strategies and industry trends.

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Competitive Landscape

Among the key players in the articulated robots market are companies like FANUC, ABB, Yaskawa, and KUKA.

FANUC Corporation is a Japanese company that specializes in manufacturing industrial robots and automation systems. Founded in 1956, FANUC has grown to become one of the largest robotic companies in the world with a market size of over $5 billion. The company has a strong global presence and a wide range of robotic products for various industries.

ABB is a Swiss-Swedish multinational corporation that offers a variety of products, including industrial robots. With a market size of over $4 billion, ABB is one of the leading players in the articulated robots market. The company has a long history dating back to the late 19th century and has a strong reputation for providing high-quality automation solutions.

Yaskawa Electric Corporation is a Japanese company that manufactures robotic products under the Yaskawa Motoman brand. With a market size of over $3 billion, Yaskawa is a prominent player in the global robotics market. The company has a history dating back to 1915 and has established itself as a leading provider of robotic solutions for industries such as automotive, electronics, and healthcare.

In terms of sales revenue, ABB reported sales of over $33 billion in 2020, while FANUC reported sales of around $ billion for the same period. Yaskawa reported sales of over $3.5 billion in that year, showcasing the strong market presence and growth potential of these companies in the articulated robots market.

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