Articulated Robots Market
Articulated Robots Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Articulated Robots Market Size and Growth
The articulated robots market is poised for significant growth, driven by advancements in automation across industries. As of 2023, the market size is estimated to reach approximately $10 billion, reflecting increasing demand for precision and efficiency in manufacturing processes. Key factors include technological innovation, cost reductions, and expanding application areas.
Companies Covered
(Covid 19 Impact Covered)
◍ FANUC
◍ KUKA
◍ ABB
◍ Yaskawa
◍ Kawasaki
◍ DENSO
◍ Nachi-Fujikoshi
◍ Epson
◍ Staubli
◍ OTC
◍ COMAU
◍ Omron Adept Technologies
◍ SIASUN
◍ HIWIN(TW)
◍ Yamaha
◍ GSK
◍ Triowin
◍ Nanjing Estun Automation
The articulated robots market is characterized by major players like FANUC, KUKA, ABB, and Yaskawa, driving growth through innovation and automation solutions. These companies enhance efficiency in manufacturing and assembly processes. Notable sales figures include FANUC (~$6 billion), ABB ($26 billion), and KUKA (€3.6 billion).
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Market Segmentation
By Application
By Product
5-Axis ◍ 6-Axis or More ◍ Automotive ◍ Electrical and Electronics ◍ Machinery
◍ Rubber, Plastics & Chemicals
◍ Food & Beverage
◍ 4-Axis or Less
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Market Growth
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$ X Billion USD
