Articulated Robot Market Key Players Data, Recent Trends, Analysis by Size, Share, Opportunities, Revenue, Future Scope and Forecast 2027
Articulated Robot Market Overview:
The purpose of this study is to provide a thorough examination of the Articulated Robot Market by component, application, industry, and geography. The study goes into great detail on the primary factors influencing the Articulated Robot market’s growth. The study also offers a comprehensive analysis of the market’s value chain.
Expected Revenue Growth Analysis:
Articulated Robot Market size is expected to reach nearly US$ 25.78 Bn by 2026 with the CAGR of 16.21% during the forecast period.
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The research method used to assess and anticipate the Articulated Robot market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segmentation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Articulated Robot market was calculated using the revenue of significant enterprises.
Due to a growing need in automated factories to handle heavy load applications, a higher market share for high payload capacity articulated robots is anticipated. High capacity payload articulated robots have a payload capacity of more than 300 kg and can handle very heavy payloads while also performing tasks like cutting, welding, palletizing, and sealing. These articulated robots are used in automated factories to carry out various heavy tasks with greater accuracy, speed, and dependability, which is necessary for many industry verticals, primarily aerospace and automotive.
The major players covered in the Articulated Robot market report are:
• FANUC Corp
• YASKAWA ELECTRIC CORPORATION
• Kawasaki Heavy Industries, Ltd.
• Adept Technology Pvt. Ltd.
• American Robot Corporation
• DENSO WAVE INCORPORATED
• Sierra Tango Robotics dot com
• Aurotek Corporation
• Omron Corporation
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Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
COVID-19 Impact Analysis on Articulated Robot Market:
Aerospace and defense, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 epidemic. COVID-19 has had an impact on the Articulated Robot market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spreads. Our most recent inquiry, opinions, and bits of knowledge on administration are critical to the businesses and associations in the Articulated Robot industry, which is driving through the COVID-19 emergency to handle risk digitizing jobs in order to convey trusted data and experiences to the CEOs.
Key Questions Answered in the Articulated Robot Market Report are:
- Which segment grabbed the largest share in the Articulated Robot market?
- How was the competitive scenario of the Articulated Robot market in 2022?
- Which are the key factors responsible for the Articulated Robot market growth?
- Which region held the maximum share in the Articulated Robot market in 2022?
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