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Articulated Robot Market - by Payload (Upto 16 Kg, 16 to 60 Kg, 60 to 225 Kg, More Than 225 Kg), Function (Handling, Welding, Dispensing, Assembling, Others), Type (4-Axis or Less, 5-Axis, 6-Axis or More), Component (Controller, Arm, End Effector, Drive, Sensor, Others), End Use (Automotive, Electrical and Electronics, Chemicals, Rubber and Plastics, Metal and Machinery, Food and Beverages, Precision Engineering and Optics, Pharmaceuticals and Cosmetics, Others), Sales Channel (Direct Channel, Distribution Channel): Global Industry Perspective, Comprehensive Analysis and Forecast 2020 – 2026

Published Date: 29-Sep-2020 Category: Semiconductor & Electronics Report Format : PDF Pages: 110 Report Code: ZMR-3542 Status : Published

According to the report published by Zion Market Research, global demand for articulated robot market was valued at approximately USD 12.9 Billion in 2019, and is expected to generate revenue of around USD 39 Billion by end of 2026, growing at a CAGR of around 17.2% between 2020 and 2026.

Description

According to the report published by Zion Market Research, global demand for articulated robot market was valued at approximately USD 12.9 Billion in 2019, and is expected to generate revenue of around USD 39 Billion by end of 2026, growing at a CAGR of around 17.2% between 2020 and 2026.

Global Articulated Robot Market: Overview

Articulated robot is a kind of robot having rotary joints, particularly, a legged robot or an industrial robot. Articulated robots can range from simply two-jointed structures to systems with ten or more interacting joints. They are powered by a variety of means, including electric motors.

Global Articulated Robot Market: Growth Factors

The articulated robot market is gaining popularity owing to accurate operation and increased automation in the assembly lines in automotive and electronic manufacturing sectors. In addition to this, lucrative use of the product by many firms is projected to propel the production of the articulated robots, thereby further enlarging the scope of articulated robot market in the years ahead. Furthermore, large-scale use of industrial robots in automotive, food & beverages, aerospace, medical & pharmaceuticals, and electronic manufacturing sector is expected to fuel articulated robot market. Lowly populated regions along with need for accuracy in metal mining and deep underwater activities will further contribute towards the growth of articulated robot market earnings in the next few years. Rising preference for industry 4.0 is predicted to generate more demand for articulated robots during the ensuing years. However, high initial investment impedes the market growth over the past few years. Nevertheless, increased demand for low-cost articulated robots that can work with people is estimated to proliferate the market growth in forthcoming years.

Global Articulated Robots Market

Global Articulated Robot Market: Segmentation

The global articulated robot market can be divided based on payload, function, type, component, end use, and sales channel. Based on the payload, the market has been categorized into 16 to 60 kg, upto 16 kg, 60 to 225 kg, and more than 225 kg. On the basis of function, the market has been segmented into handling, welding, dispensing, and assembling, among others. In term of type, the market has been segmented into 4-axis or less, 5-axis, and 6-axis or more. Based on component, the market has been bifurcated into controller, arm, end effector, drive, sensor, and others. These are used across various end user industries such as automotive, electrical and electronics, chemicals, rubber and plastics, metal and machinery, food and beverages, precision engineering and optics, pharmaceuticals and cosmetics, among others. Electrical and electronics are projected to contribute notably towards the market share in the years ahead. The sales channel has been categorized into direct channel, and distribution channel.

Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Global Articulated Robot Market: Regional Analysis

Asia Pacific articulated robot market is anticipated to contribute remarkably towards overall market revenue in the years to come. The growth can be attributed to well-established presence of key players such as FANUC CORPORATION, Kawasaki Heavy Industries, Ltd., YASKAWA Electric Corporation, Mitsubishi Electric Corporation, and Seiko Epson Corporation in the countries such as India, China, and Japan. In addition to this, massive demand for the product as a result of constantly thriving electrical and electronics sector in the region will further boost the regional growth in the forthcoming years. Furthermore, key firms across the APAC are manufacturing advanced new generation articulated robots, thereby helping in fulfilling the product demand across myriad sectors.

Global Articulated Robot Market: Competitive Players

Some main participants of the articulated robot market are ABB Ltd., American Robot Corporation, Aurotek Corporation, Denso Wave Incorporated, Fanuc Corporation, Kawasaki Heavy Industries Ltd., Kuka Aktiengesellschaft (Midea Group), Mitsubishi Electric Corporation, Nachi-Fujikoshi Corp., Adept Technology Pvt. Ltd., Nimak GmbH, Seiko Epson Corporation, and Yaskawa Electric Corporation, among others.

Articulated Robot Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1 : Preface
    • 1.2. Report Description
  • Chapter No. 2 : Research Methodology
    • 2.1. Market Research Process
    • 2.2. Secondary Research
    • 2.3. Data Modeling
      • 2.3.1. Company Share Analysis Model
      • 2.3.2. Revenue-Based Models
    • 2.4. Primary Research
    • 2.5. Research Limitation
  • Chapter No. 3 : Executive Summary
    • 3.1. Global Articulated Robot Market, Vulume (Units) and Revenue (USD Million), 2016 - 2026
    • 3.2. Global Articulated Robot Market: Snapshot
  • Chapter No. 4 : Articulated Robot Market – Industry Analysis
    • 4.1. Introduction and Market Overview:
    • 4.2. Market Drivers
      • 4.2.1. Growing demand from aerospace & defense industry
      • 4.2.2. Growing automotive industry
    • 4.3. Restraints
      • 4.3.1. Rising cost of raw materials
    • 4.4. Opportunities
      • 4.4.1. Increase in offshore spending and potential of new oilfield discovery
    • 4.5. Porter’s Five Forces Analysis
    • 4.6. Key Mandates & Regulations
    • 4.7. SWOT Analysis
    • 4.8.
  • Chapter No. 5 : Investment Proposition Analysis
    • 5.1. Articulated Robot Market Attractiveness, By Payload
    • 5.2. Articulated Robot Market Attractiveness, By Function
    • 5.3. Articulated Robot Market Attractiveness, By Type
    • 5.4. Articulated Robot Market Attractiveness, By Component
    • 5.5. Articulated Robot Market Attractiveness, By End Use
    • 5.6. Articulated Robot Market Attractiveness, By Sales Channel
    • 5.7. Articulated Robot Market Attractiveness, By Region
    • 5.8. Articulated Robot Market Attractiveness, By Country
  • Chapter No. 6 : Competitive Landscape
    • 6.1. Company Market Share (%), 2016
    • 6.2. Company Market Share (%), 2017
    • 6.3. Company Market Share (%), 2018
    • 6.4. Company Market Share (%), 2019
    • 6.5. Company (Y-o-Y) Growth 2016-19 (%)
    • 6.6. Strategic Development
      • 6.6.1. Acquisitions & Mergers
      • 6.6.2. New Product Launch
      • 6.6.3. Agreements, Partnerships, Cullaborations, and Joint Ventures
      • 6.6.4. Research and Development, and Regional Expansion
  • Chapter No. 7 : Articulated Robot Market – Payload Segment Analysis
    • 7.1. Global Articulated Robot Market: by Payload
      • 7.1.1. Global Articulated Robot Market Revenue Share (%), by Payload, 2019 & 2026
      • 7.1.2. Global Articulated Robot Market by Upto 16 Kg, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 7.1.3. Global Articulated Robot Market by 16 to 60 Kg, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 7.1.4. Global Articulated Robot Market by 60 to 225 Kg, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 7.1.5. Global Articulated Robot Market by More Than 225 Kg, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 7.1.6. Global Articulated Robot Market Analysis/ Overview – By Payload
        • 7.1.6.1. Upto 16 Kg – Overview/ Analysis
        • 7.1.6.2. 16 to 60 Kg – Overview/ Analysis
        • 7.1.6.3. 60 to 225 Kg – Overview/ Analysis
        • 7.1.6.4. More Than 225 Kg – Overview/ Analysis
  • Chapter No. 8 : Articulated Robot Market – Function Segment Analysis
    • 8.1. Global Articulated Robot Market: by Function
      • 8.1.1. Global Articulated Robot Market Revenue Share (%), by Function, 2019 & 2026
      • 8.1.2. Global Articulated Robot Market by Handling, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 8.1.3. Global Articulated Robot Market by Welding, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 8.1.4. Global Articulated Robot Market by Dispensing, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 8.1.5. Global Articulated Robot Market by Assembling, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 8.1.6. Global Articulated Robot Market by Others, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 8.1.7. Global Articulated Robot Market Analysis/ Overview – By Function
        • 8.1.7.1. Handling – Overview/ Analysis
        • 8.1.7.2. Welding – Overview/ Analysis
        • 8.1.7.3. Dispensing – Overview/ Analysis
        • 8.1.7.4. Assembling – Overview/ Analysis
        • 8.1.7.5. Others – Overview/ Analysis
  • Chapter No. 9 : Articulated Robot Market – Type Segment Analysis
    • 9.1. Global Articulated Robot Market: by Type
      • 9.1.1. Global Articulated Robot Market Revenue Share (%), by Type, 2019 & 2026
      • 9.1.2. Global Articulated Robot Market by 4-Axis or Less, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 9.1.3. Global Articulated Robot Market by 5-Axis, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 9.1.4. Global Articulated Robot Market by 6-Axis or More, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 9.1.5. Global Articulated Robot Market Analysis/ Overview – By Type
        • 9.1.5.1. 4-Axis or Less – Overview/ Analysis
        • 9.1.5.2. 5-Axis – Overview/ Analysis
        • 9.1.5.3. 6-Axis or More – Overview/ Analysis
  • Chapter No. 10 : Articulated Robot Market – Component Segment Analysis
    • 10.1. Global Articulated Robot Market: by Component
      • 10.1.1. Global Articulated Robot Market Revenue Share (%), by Component, 2019 & 2026
      • 10.1.2. Global Articulated Robot Market by Contruller, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 10.1.3. Global Articulated Robot Market by Arm, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 10.1.4. Global Articulated Robot Market by End Effector, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 10.1.5. Global Articulated Robot Market by Drive, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 10.1.6. Global Articulated Robot Market by Sensor, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 10.1.7. Global Articulated Robot Market by Others, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 10.1.8. Global Articulated Robot Market Analysis/ Overview – By Component
        • 10.1.8.1. Contruller – Overview/ Analysis
        • 10.1.8.2. Arm – Overview/ Analysis
        • 10.1.8.3. End Effector – Overview/ Analysis
        • 10.1.8.4. Drive – Overview/ Analysis
        • 10.1.8.5. Sensor – Overview/ Analysis
        • 10.1.8.6. Others – Overview/ Analysis
  • Chapter No. 11 : Articulated Robot Market – End Use Segment Analysis
    • 11.1. Global Articulated Robot Market: by End Use
      • 11.1.1. Global Articulated Robot Market Revenue Share (%), by End Use, 2019 & 2026
      • 11.1.2. Global Articulated Robot Market by Automotive, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 11.1.3. Global Articulated Robot Market by Electrical and Electronics, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 11.1.4. Global Articulated Robot Market by Chemicals, Rubber and Plastics, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 11.1.5. Global Articulated Robot Market by Metal and Machinery, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 11.1.6. Global Articulated Robot Market by Food and Beverages, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 11.1.7. Global Articulated Robot Market by Precision Engineering and Optics, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 11.1.8. Global Articulated Robot Market by Pharmaceuticals and Cosmetics, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 11.1.9. Global Articulated Robot Market by Others, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 11.1.10. Global Articulated Robot Market Analysis/ Overview – By End Use
        • 11.1.10.1. Automotive – Overview/ Analysis
        • 11.1.10.2. Electrical and Electronics – Overview/ Analysis
        • 11.1.10.3. Chemicals, Rubber and Plastics – Overview/ Analysis
        • 11.1.10.4. Metal and Machinery – Overview/ Analysis
        • 11.1.10.5. Food and Beverages – Overview/ Analysis
        • 11.1.10.6. Precision Engineering and Optics – Overview/ Analysis
        • 11.1.10.7. Pharmaceuticals and Cosmetics – Overview/ Analysis
        • 11.1.10.8. Others – Overview/ Analysis
  • Chapter No. 12 : Articulated Robot Market – Sales Channel Segment Analysis
    • 12.1. Global Articulated Robot Market: by Sales Channel
      • 12.1.1. Global Articulated Robot Market Revenue Share (%), by Sales Channel, 2019 & 2026
      • 12.1.2. Global Articulated Robot Market by Direct Channel, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 12.1.3. Global Articulated Robot Market by Distribution Channel, Vulume (Units) and Revenue (USD Million), 2016 – 2026
      • 12.1.4. Global Articulated Robot Market Analysis/ Overview – By Sales Channel
        • 12.1.4.1. Direct Channel – Overview/ Analysis
        • 12.1.4.2. Distribution Channel – Overview/ Analysis
  • Chapter No. 13 : Articulated Robot Market – Regional Analysis
    • 13.1. Global Articulated Robot Market: Regional Overview
      • 13.1.1. Global Articulated Robot Market (USD Million) (Units) 2016 – 2026
      • 13.1.1. Global Articulated Robot Market Revenue (USD Million) 2016 – 2026
    • 13.2. North America Articulated Robot Market
      • 13.2.1. Overview
      • 13.2.2. North America Articulated Robot Market, (Units) (USD Million) 2016 - 2026
      • 13.2.3. North America Articulated Robot Market, Vulume (Units) by Payload, 2016 – 2026
      • 13.2.4. North America Articulated Robot Market Revenue (USD Million) by Payload, 2016 – 2026
      • 13.2.5. North America Articulated Robot Market, Vulume (Units) by Function, 2016 – 2026
      • 13.2.6. North America Articulated Robot Market Revenue (USD Million) by Function, 2016 – 2026
      • 13.2.7. North America Articulated Robot Market, Vulume (Units) by Type, 2016 – 2026
      • 13.2.8. North America Articulated Robot Market Revenue (USD Million) by Type, 2016 – 2026
      • 13.2.9. North America Articulated Robot Market, Vulume (Units) by Component, 2016 – 2026
      • 13.2.10. North America Articulated Robot Market Revenue (USD Million) by Component, 2016 – 2026
      • 13.2.11. North America Articulated Robot Market, Vulume (Units) by End Use, 2016 – 2026
      • 13.2.12. North America Articulated Robot Market Revenue (USD Million) by End Use, 2016 – 2026
      • 13.2.13. North America Articulated Robot Market, Vulume (Units) by Sales Channel, 2016 – 2026
      • 13.2.14. North America Articulated Robot Market Revenue (USD Million) by Sales Channel, 2016 – 2026
      • 13.2.15. U.S.
      • 13.2.16. Canada
    • 13.3. Europe Articulated Robot Market
      • 13.3.1. Overview
      • 13.3.2. Europe Articulated Robot Market, (Units) (USD Million) 2016 - 2026
      • 13.3.3. Europe Articulated Robot Market, Vulume (Units) by Payload, 2016 – 2026
      • 13.3.4. Europe Articulated Robot Market Revenue (USD Million) by Payload, 2016 – 2026
      • 13.3.5. Europe Articulated Robot Market, Vulume (Units) by Function, 2016 – 2026
      • 13.3.6. Europe Articulated Robot Market Revenue (USD Million) by Function, 2016 – 2026
      • 13.3.7. Europe Articulated Robot Market, Vulume (Units) by Type, 2016 – 2026
      • 13.3.8. Europe Articulated Robot Market Revenue (USD Million) by Type, 2016 – 2026
      • 13.3.9. Europe Articulated Robot Market, Vulume (Units) by Component, 2016 – 2026
      • 13.3.10. Europe Articulated Robot Market Revenue (USD Million) by Component, 2016 – 2026
      • 13.3.11. Europe Articulated Robot Market, Vulume (Units) by End Use, 2016 – 2026
      • 13.3.12. Europe Articulated Robot Market Revenue (USD Million) by End Use, 2016 – 2026
      • 13.3.13. Europe Articulated Robot Market, Vulume (Units) by Sales Channel, 2016 – 2026
      • 13.3.14. Europe Articulated Robot Market Revenue (USD Million) by Sales Channel, 2016 – 2026
      • 13.3.15. Germany
      • 13.3.16. France
      • 13.3.17. U.K.
      • 13.3.18. Rest of Europe
    • 13.4. Asia Pacific Articulated Robot Market
      • 13.4.1. Overview
      • 13.4.2. Asia Pacific Articulated Robot Market, (Units) (USD Million) 2016 - 2026
      • 13.4.3. Asia Pacific Articulated Robot Market, Vulume (Units) by Payload, 2016 – 2026
      • 13.4.4. Asia Pacific Articulated Robot Market Revenue (USD Million) by Payload, 2016 – 2026
      • 13.4.5. Asia Pacific Articulated Robot Market, Vulume (Units) by Function, 2016 – 2026
      • 13.4.6. Asia Pacific Articulated Robot Market Revenue (USD Million) by Function, 2016 – 2026
      • 13.4.7. Asia Pacific Articulated Robot Market, Vulume (Units) by Type, 2016 – 2026
      • 13.4.8. Asia Pacific Articulated Robot Market Revenue (USD Million) by Type, 2016 – 2026
      • 13.4.9. Asia Pacific Articulated Robot Market, Vulume (Units) by Component, 2016 – 2026
      • 13.4.10. Asia Pacific Articulated Robot Market Revenue (USD Million) by Component, 2016 – 2026
      • 13.4.11. Asia Pacific Articulated Robot Market, Vulume (Units) by End Use, 2016 – 2026
      • 13.4.12. Asia Pacific Articulated Robot Market Revenue (USD Million) by End Use, 2016 – 2026
      • 13.4.13. Asia Pacific Articulated Robot Market, Vulume (Units) by Sales Channel, 2016 – 2026
      • 13.4.14. Asia Pacific Articulated Robot Market Revenue (USD Million) by Sales Channel, 2016 – 2026
      • 13.4.15. China
      • 13.4.16. Japan
      • 13.4.17. India
      • 13.4.18. South Korea
      • 13.4.19. Rest of Asia Pacific
    • 13.5. Latin America Articulated Robot Market
      • 13.5.1. Overview
      • 13.5.2. Latin America Articulated Robot Market, (Units) (USD Million) 2016 - 2026
      • 13.5.3. Latin America Articulated Robot Market, Vulume (Units) by Payload, 2016 – 2026
      • 13.5.4. Latin America Articulated Robot Market Revenue (USD Million) by Payload, 2016 – 2026
      • 13.5.5. Latin America Articulated Robot Market, Vulume (Units) by Function, 2016 – 2026
      • 13.5.6. Latin America Articulated Robot Market Revenue (USD Million) by Function, 2016 – 2026
      • 13.5.7. Latin America Articulated Robot Market, Vulume (Units) by Type, 2016 – 2026
      • 13.5.8. Latin America Articulated Robot Market Revenue (USD Million) by Type, 2016 – 2026
      • 13.5.9. Latin America Articulated Robot Market, Vulume (Units) by Component, 2016 – 2026
      • 13.5.10. Latin America Articulated Robot Market Revenue (USD Million) by Component, 2016 – 2026
      • 13.5.11. Latin America Articulated Robot Market, Vulume (Units) by End Use, 2016 – 2026
      • 13.5.12. Latin America Articulated Robot Market Revenue (USD Million) by End Use, 2016 – 2026
      • 13.5.13. Latin America Articulated Robot Market, Vulume (Units) by Sales Channel, 2016 – 2026
      • 13.5.14. Latin America Articulated Robot Market Revenue (USD Million) by Sales Channel, 2016 – 2026
      • 13.5.15. Brazil
      • 13.5.16. Rest of Latin America
    • 13.6. The Middle-East and Africa Articulated Robot Market
      • 13.6.1. Overview
      • 13.6.2. The Middle-East and Africa Articulated Robot Market, (Units) (USD Million) 2016 - 2026
      • 13.6.3. The Middle-East and Africa Articulated Robot Market, Vulume (Units) by Payload, 2016 – 2026
      • 13.6.4. The Middle-East and Africa Articulated Robot Market Revenue (USD Million) by Payload, 2016 – 2026
      • 13.6.5. The Middle-East and Africa Articulated Robot Market, Vulume (Units) by Function, 2016 – 2026
      • 13.6.6. The Middle-East and Africa Articulated Robot Market Revenue (USD Million) by Function, 2016 – 2026
      • 13.6.7. The Middle-East and Africa Articulated Robot Market, Vulume (Units) by Type, 2016 – 2026
      • 13.6.8. The Middle-East and Africa Articulated Robot Market Revenue (USD Million) by Type, 2016 – 2026
      • 13.6.9. The Middle-East and Africa Articulated Robot Market, Vulume (Units) by Component, 2016 – 2026
      • 13.6.10. The Middle-East and Africa Articulated Robot Market Revenue (USD Million) by Component, 2016 – 2026
      • 13.6.11. The Middle-East and Africa Articulated Robot Market, Vulume (Units) by End Use, 2016 – 2026
      • 13.6.12. The Middle-East and Africa Articulated Robot Market Revenue (USD Million) by End Use, 2016 – 2026
      • 13.6.13. The Middle-East and Africa Articulated Robot Market, Vulume (Units) by Sales Channel, 2016 – 2026
      • 13.6.14. The Middle-East and Africa Articulated Robot Market Revenue (USD Million) by Sales Channel, 2016 – 2026
      • 13.6.15. GCC Countries
      • 13.6.16. South Africa
      • 13.6.17. Rest of Middle-East Africa
  • Chapter No. 14 : Company Profiles
    • 14.1.
    • 14.2. ABB Ltd.
    • 14.3. American Robot Corporation
    • 14.4. Aurotek Corporation
    • 14.5. Denso Wave Incorporated
    • 14.6. Fanuc Corporation
    • 14.7. Kawasaki Heavy Industries Ltd.
    • 14.8. Kuka Aktiengesellschaft (Midea Group)
    • 14.9. Mitsubishi Electric Corporation
    • 14.10. Nachi-Fujikoshi Corp.
    • 14.11. Nimak GmbH
    • 14.12. Seiko Epson Corporation
    • 14.13. Yaskawa Electric Corporation.
  • Chapter No. 15 : Articulated Robot Market – Premium Insights
    • 15.1. Premium Insights from Primary Respondents
      • 15.1.1. Primary Respondent 1
      • 15.1.2. Primary Respondent 2
      • 15.1.3. Primary Respondent 3
      • 15.1.4. Primary Respondent 4

Methodology


Frequently Asked Questions

Growing automation investment in various industries and rising demand from small and medium-sized enterprises in developing countries are significantly influencing the growth of the global articulated robot market.

According to Zion Market Research, global demand for articulated robot market is expected to generate revenue of around USD 39 Billion by end of 2026, growing at a CAGR of around 17.2% between 2020 and 2026.

Asia Pacific dominated the market in 2019. It is due to higher adoption of articulated robots for a multitude of industrial applications by countries such as Japan, India, South Korea, and China is leading to the growth of the articulated robot market. Moreover, the low production cost encourages different manufacturers to set up their manufacturing units in this region.

Some main participants of the articulated robot market are ABB Ltd., American Robot Corporation, Aurotek Corporation, Denso Wave Incorporated, Fanuc Corporation, Kawasaki Heavy Industries Ltd., Kuka Aktiengesellschaft (Midea Group), Mitsubishi Electric Corporation, Nachi-Fujikoshi Corp., Nimak GmbH, Seiko Epson Corporation, Adept Technology Pvt. Ltd., and Yaskawa Electric Corporation, among others.

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