Articulated Robot Market Future Plans, Competitive Landscape and Growth by Forecast 2027

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Articulated Robot Market, By Industry vertical (Aerospace, Chemicals, Rubber, Food & Beverages), By Application (Assembly, Bin picking, Load/unload), By Component (Hardware), By Payload Capacity (Heavy, High, Low)– Forecast till 2027

The recent trend of Industry 4.0 has called for an increase in the level of automation which can be considered as a boosting factor for the growth of articulated robot market. Automotive industry has been the primary market for articulated robots and continues to drive its growth in the coming years. Increase in demand for higher efficiency in production across various industries is driving the growth of the market. However high configuration and reprogramming cost for low volume production is expected to restrain the growth of global articulated market.

Which Top Market Participants are Consider for the highest Articulated Robot market share?

The key players in the global articulated robot market are ABB (Switzerland), Fanuc Corporation(Japan), Yaskawa Electric Corporation(Japan), Kawasaki Heavy Industries, Ltd.(Japan), Mitsubishi Electric Corporation(Japan), Seiko Epson Corporation(Japan), Toshiba Machine Co., Ltd(Japan), OMRON Corporation(Japan), KUKA Aktiengesellschaft(Germany), Yamaha Motor Co., Ltd(Japan), Aurotek Corporation (Taiwan), Cassioli Srl (Italy), Daihen Corporation (Japan), Denso (Japan), Engel (Austria), Nachi-Fujikoshi (Japan), Stubli International (Switzerland), SIASUN (China), HIWIN (Taiwan), GSK (UK), and Triowin (China).

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Articulated Robot Market Segmentation Analysis

The global Industry segmented into Articulated Robot Market Size, type, component, voltage, application and region. By type the segment is further classified into skid mounted and mobile Articulated Robot. By component, the segment is further classified into switchgear, bus bar, HVAC systems, transformer, frequency drives, monitoring and control systems and others. By voltage, the segment, is further classified into low voltage and medium voltage Articulated Robot. Articulated Robot are used in various industries such as oil and gas, mining, transportation, and power utilities.

Articulated Robot Market Analysis Regional Classification

The Articulated Robot market has gained global adoption due to rising demands for precision tools, expansion of industries, and demand for better technologies. The global Articulated Robot market is divided into North America, the Asia Pacific, Europe, and the rest of the world. The European region is currently leading the market due to the well established industrial sector, demands for smart alternates, demands for new technologies, and other factors. The Asia Pacific region is the fastest-growing market due to the fast expansion of major industries, the rapid development of economies, the rise of demand for better technologies, and other factors.

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Apart from the uses and features, the global Articulated Robot market faces challenges from vendor dependency, security issues, and other factors, which has restrained the global Articulated Robot market growth. This file offers a complete outlook on the opposition, opportunities, drivers restraints, and other factors affecting the neighborhood and global serverless architecture marketplace. The worldwide market is anticipated to sign in approximately 25 % annual growth in this era. 

Articulated Robot Market By Geography

Asia pacific

Europe

North America

The Middle East and Africa

Latin America

Market Segmentation

Articulated Robot Market Covid 19 Analysis

Due to a rise in phishing activities, COVID-19 has substantially increased the adoption of cloud infrastructure and services. In addition, COVID-19 has significantly increased the security budget, which has resulted in a large increase in cloud infrastructure and services. According to the findings of a study conducted by Microsoft and published in August 2020, 36% of the total 800 respondents said that the budget for cybersecurity had risen as a consequence of the pandemic outbreak. Additionally, 42 percent of those who answered the survey said that the company altered its personnel by adding more security experts.

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Table of contents:

1 EXECUTIVE SUMMARY

1.1 GLOBAL Articulated Robot MARKET, BY COMPONENT

1.2 GLOBAL Articulated Robot MARKET, BY ORGANIZATION SIZE

1.3 GLOBAL Articulated Robot MARKET, BY DEPLOYMENT

1.4 GLOBAL Articulated Robot MARKET, BY END-USERS

1.5 GLOBAL Articulated Robot MARKET, BY REGION

2 MARKET INTRODUCTIONS

2.1 DEFINITION

2.2 SCOPE OF THE STUDY

2.3 RESEARCH OBJECTIVE

2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS

3.2 PRIMARY RESEARCH

3.3 SECONDARY RESEARCH

3.4 MARKET SIZE ESTIMATION

3.5 FORECAST MODEL

3.6 LIST OF ASSUMPTIONS

4 MARKET DYNAMICS

Continued…

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