The global articulated robot market is expected to grow at a CAGR of around 8.0% during 2024-2033. This report on global articulated robot market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global articulated robot market by segmenting the market based on payload, function, type, component, end-use, and region. Also, detailed profiles of companies operating in the articulated robot market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Emerging Trend of Factory Automation
• Growing Electronics Manufacturing Services (EMS) Industry
• Increasing Product Innovations
Market Challenges
• High Overall Installation Cost for Low – Volume Production Applications
• Manufacturing Advanced Robotic Systems
Historical & Forecast Period
Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033
Market by Payload
• Upto 16 Kg
• 16 to 60 Kg
• 60 to 225 Kg
• More Than 225 Kg
Market by Function
• Handling
• Welding
• Dispensing
• Assembling
• Others
Market by Type
• 4-Axis or Less
• 5-Axis
• 6-Axis or More
Market by Component
• Controller
• Arm
• End Effector
• Drive
• Sensor
• Others
Market by End Use
• Automotive
• Electrical and Electronics
• Chemicals, Rubber and Plastics
• Metal and Machinery
• Food and Beverages
• Precision Engineering and Optics
• Pharmaceuticals and Cosmetics
• Others
Market by Region
• Europe
o Germany
o United Kingdom
o France
o Italy
o Spain
o Russia
o Netherlands
o Rest of Europe
• North America
o United States
o Canada
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Rest of Asia Pacific
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o Turkey
o Iran
o United Arab Emirates
o Rest of Middle East & Africa