Articulated Robot Market Size, Share, Growth, Opportunity and Forecast to 2032

The Articulated Robot Global Market Report 2023, provides comprehensive information on the articulated robot market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032

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The global market for articulated robots is on a robust growth trajectory, with a projected expansion from $13.44 billion in 2022 to $15.59 billion in 2023, showcasing a notable compound annual growth rate (CAGR) of 16.0%. However, the Russia-Ukraine war has cast a shadow over the prospects of global economic recovery in the near term. The repercussions include economic sanctions, surging commodity prices, and supply chain disruptions, leading to inflation across various sectors and impacting global markets. Despite these challenges, the articulated robots market is anticipated to reach $27.36 billion by 2027, reflecting a CAGR of 15.1%. This signifies the enduring demand for advanced automation solutions in various industries. Stay tuned for the unfolding developments in the world of articulated robots.

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Rapid technological changes are the key trend gaining popularity in the articulated robot market. Key players are focusing on advancements such as collaborative robots, commercial drones, AI-enabled robots, self-healing robots, cloud robots, and customized robots to gain a competitive edge in the market. For instance, in July 2020, OMRON Corporation, a US-based manufacturer of control equipment, factory automation systems, electronic components, automotive electronics, ticket vending machines, and medical equipment, launched the HD-1500 autonomous mobile robot. The OMRON HD-1500 has a hefty payload capability of up to 1500 kg. Without using magnetic floor tapes or other guiding devices, OMRON’s mobile robots can autonomously choose the best path for material transfer while securely avoiding people and other obstacles.

The articulated robot market is segmented:

1) By Type: 4-Axis Or Less, 5-Axis, 6-Axis Or More
2) By Payload: Up to 16 Kg, 16 to 60 Kg, 60 to 225 Kg, More Than 225 Kg
3) By Function: Handling, Welding, Dispensing, Assembly, Processing, and Other Functions
4) By Component: Controller, Arm, End Effector, Drive, Sensor, Other Components
5) By End Industry: Automotive, Electrical And Electronics, Chemicals, Rubber And Plastics, Metal And Machinery, Food And Beverages, Precision Engineering And Optics, Pharmaceuticals And Cosmetics, and Other End-Users

Asia-Pacific was the largest region in the articulated robot market in 2022.

Top 5 Major Key Players Are:
ABB Ltd
FANUC Corporation
Kawasaki Heavy Industries Ltd
KUKA AG
Omron Adept Technology Inc

Table Of Contents
1. Executive Summary
2. Articulated Robot Market Characteristics
3. Articulated Robot Market Trends And Strategies
4. Articulated Robot Market – Macro Economic Scenario
5. Articulated Robot Market Size And Growth
…….
26. Africa Articulated Robot Market
27. Articulated Robot Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Articulated Robot Market
29. Articulated Robot Market Future Outlook and Potential Analysis
30. Appendix

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