Articulated Robot Market 2023-2028, Share, Size, Growth, Top Companies and Forecast

IMARC Group, a leading market research company, has recently releases report titled “Articulated Robot Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global articulated robot market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the articulated robot market?

Report Attributes Details
Market Size in 2022 US$ 8.4 Billion
Market Forecast in 2028 US$ 14.2 Billion
Growth rate (2023 to 2028) CAGR of 9.3%
Base Year of the Analysis 2022
Forecast Period 2023-2028

What is articulated robot ?

An articulated robot is an industrial robot that consists of rotary joints powered by servo motors to allow a full range of motion. It is commonly utilized for performing a variety of processes, such as wielding, assembling, painting, material handling, dispensing, and loading/unloading. Articulated robots are highly durable, cost-effective, and generate precise output. On account of these benefits, they are widely adopted across the aerospace, automotive, and electronics industries.

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What are the growth prospects and trends in the articulated robot


The growth of the global articulated robot market can be attributed to the rising establishment of smart factories and the emerging trend of factory automation. Additionally, the growing need for operational efficiency in assembly lines is catalyzing the employment of these robots across industries, which, in turn, is creating a positive outlook for the market. Articulated robots also provide flexibility within production operations with a high payload capacity, which is contributing to their increasing demand for performing industrial tasks. Other factors, including significant growth in the automotive and electronics manufacturing services (EMS) industries, are further escalating the demand for articulated robots across the globe.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Payload:

  • Upto 16 Kg
  • 16 to 60 Kg
  • 60 to 225 Kg
  • More Than 225 Kg

Breakup by Function:

  • Handling
  • Welding
  • Dispensing
  • Assembling
  • Others

Breakup by Type:

  • 4-Axis or Less
  • 5-Axis
  • 6-Axis or More

Breakup by Component:

  • Controller
  • Arm
  • End Effector
  • Drive
  • Sensor
  • Others

Breakup by End Use Industry:

  • Automotive
  • Electrical and Electronics
  • Chemicals, Rubber and Plastics
  • Metal and Machinery
  • Food and Beverages
  • Precision Engineering and Optics
  • Pharmaceuticals and Cosmetics
  • Others

Breakup by Region:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • ABB Ltd. (SWX: ABBN)
  • American Robot Corporation
  • Aurotek Corporation (TPE: 6215)
  • Denso Wave Incorporated
  • Fanuc Corporation (TYO: 6954)
  • Kawasaki Heavy Industries Ltd. (TYO: 7012)
  • Kuka Aktiengesellschaft (Midea Group)
  • Mitsubishi Electric Corporation (TYO: 6503)
  • Nachi-Fujikoshi Corp. (TYO: 6474)
  • Nimak GmbH
  • Seiko Epson Corporation (TYO: 6724)
  • Yaskawa Electric Corporation (TYO: 6506)

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Articulated Robot Market 2023-2028, Share, Size, Growth, Top Companies and Forecastultima modifica: 2023-05-31T09:07:43+02:00da imarcabhay

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