Articulated Industrial Robot Market By Application, By Robot Type, By Load Capacity : Global Opportunity Analysis and Industry Forecast, 2023-2032

Description

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Global Articulated Industrial Robot Market by Robot Type (SCARA, Delta robot, 6-Axis, and Other), by Load Capacity (below 10kg, 10kg to 100kg, and above 100kg), and by Application (Assembly, Handling, Welding, and Other): Global Opportunity Analysis and Industry Forecast, 2023-2032.

Articulated Industrial Robot Market - IMG1

The global Articulated Industrial Robot Market size was valued at $21,151.1 million in 2022 and is projected to reach $92,081.2 million by 2032, registering a CAGR of 15.7% from 2023 to 2032.

The articulated robot market has expanded rapidly owing to increased automation adoption and a greater demand for cost-effective, efficient manufacturing processes, specifically in automobile assembly lines. The automobile sector, a primary driver of industrial automation, is seeing a move toward incorporating sophisticated robotic technologies into assembly and manufacturing processes. The growing need for automation in automobile assembly lines is driven by the desire for greater precision, productivity, and cost effectiveness. Articulated robots, with their multi-jointed arms and programmable capabilities, provide various solutions for operations such as welding, painting, and assembling, resulting in more efficient and optimized manufacturing processes. The automobile industry's shift to automation seeks to reduce human error, enhance production speed, and maintain uniform quality.

Articulated robots, loaded with modern sensors and programming, play a critical role in achieving these goals by executing repeated operations with pinpoint accuracy and efficiency. Furthermore, the demand for cost-effective manufacturing processes is driving market expansion, as articulated robots serve to reduce labor costs, minimize material waste, and optimize overall operational expenses. The continued transformation of the automotive sector, with an emphasis on electric vehicles, smart manufacturing, and sector 4.0 concepts, is predicted to drive increasing demand for articulated robots, facilitating the shift to more flexible, interconnected, and automated production settings.

Furthermore, the automobile sector is the most popular user industry of articulated robots as it performs a wide range of jobs such as production and assembly, which include welding, cutting, and painting. Furthermore, the applications of such articulated robots play a significant role in increasing productivity, output, efficiency, and reducing energy consumption in the automobile sector. Furthermore, articulated robots have usually been utilized for monotonous and risky tasks that humans are not able to perform. Manufacturing organizations have integrated robots into their operations to increase production and improve vehicle quality. For instance, at Ford Motor Company's Sanand facility in India, over 450 robots are used to paint automobiles and perform body assembly tasks. Furthermore, Maruti Suzuki India employs 5,000 robots in one of its operations. Demand for automobiles is steadily increasing, and with increased disposable income in regions such as Asia-Pacific, the necessity for automation grows, pushing demand for articulated robots.

Furthermore, automation enables tiny U.S. enterprises to compete with well-established competitors throughout the globe. The U.S. is one of the world's largest automobile marketplaces, with more than 13 major automakers. Automotive manufacturing has been one of the country's most significant income earners in the manufacturing sector. Canada is the world's ninth largest vehicle producer, with over five heavy-duty assembly facilities, over 540 OEM parts makers, 400 dealerships, and many other automotive-related sectors.

By robot type, the 6-Axis Robot segment had the largest revenue in 2022. The versatility of articulated robots to a wide range of applications and sectors makes them useful assets in the ever-changing environment of industrial automation. Their capacity to complete jobs quickly, accurately, and consistently makes them more vital to companies seeking to boost productivity while remaining cost-effective. As technological breakthroughs increase articulated robot capabilities, such as sensor technologies, AI, and collaborative features, demand for these robotic systems is expected to rise rapidly.

The continued movement of businesses toward smart manufacturing techniques, and a growing focus on optimizing production processes, drive demand for articulated industrial robots. For Instance, In January 2022, HASCO partnered with ABB, Ltd., HASCO is a China's leading automotive component supplier. The joint venture aims to accelerate the next generation of smart manufacturing in China's automobile sector. This collaborative approach provides several benefits, the most significant of which are technical development and innovation. Companies may produce more advanced articulated robots with greater capabilities by combining friendly technology, such as sensor upgrades and collaborative features. One of the primary benefits of these collaborations is rapid innovation, in which combined resources and experience result in the development of unique solutions and better capabilities. The ensuing technical breakthroughs increase the interest of companies seeking cutting-edge robotic systems and they establish articulated robots as cutting-edge solutions for a wide range of applications.

Customization for industry-specific requirements increases the commercial attractiveness of articulated robots, specifically in the electronics industry, where accuracy in operations such as circuit board assembly is critical. Integration with artificial intelligence (AI) technology enables articulated robots to autonomously execute complicated jobs, particularly in logistics, where AI-powered robots enhance warehouse operations. The healthcare industry has high development potential owing to prospects in surgery, rehabilitation, and patient care that take advantage of articulated robots' accuracy and stability for less invasive operations.

Furthermore, embedded computers, sophisticated sensors, and microelectronics need micro- and nanoscale assembly, making labor-intensive manufacturing with low-skilled personnel unsuitable for the next generation of high-value, short-life goods. Some factory robots are large and inflexible, dangerous near people, designed to be exact and repeatable but not adaptive. To collaborate with people, robots must be adaptable to changing techniques and technological advancements. Advances in robotics and automation technology are key to achieving this goal. The next generation of high-value products, with short product life cycles, is extremely dependent on embedded computers, powerful sensors, and microelectronics that need micro- and nanoscale construction. Traditional labor-intensive manufacturing with low-skilled human workers is unsuitable for such complex operations. While some factory robots are huge and stiff, designed for accuracy and repetition, they pose safety risks when interacting with humans and lack flexibility. To interact effectively with people, robots must be adaptable enough to handle changes in procedures and increasing technical improvements in goods. As a result, advancements in robotics and automation technologies are critical to achieving this degree of flexibility.

The articulated industrial robot market is segmented on the basis of robot type, application, load capacity, and region. By robot type, the market is categorized into SCARA, Delta robot, 6-Axis, and Other. Depending on application, it is divided into assembly, handling, welding, and other. On the basis of load capacity, it is classified into below 10kg, 10kg to 100kg, and above 100kg. and Region wise, the market is analyzed across North America, Europe, Asia-Pacific, LA, and MEA.

Competition Analysis

Key companies profiled in the articulated industrial robot market include Mitsubishi Electric Automation, Inc, DENSO Robotics Incorporated, KUKA AG, Delta Electronics, Inc., Robotic Automation Systems, ABB Ltd., Omron Corporation, Kawasaki Heavy Industries, Ltd., Hirata Corporation, and Panasonic Industry Co., Ltd.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the articulated industrial robot market analysis from 2022 to 2032 to identify the prevailing articulated industrial robot market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the articulated industrial robot market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global articulated industrial robot market trends, key players, market segments, application areas, and market growth strategies.

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Capital Investment breakdown
End user preferences and pain points
Investment Opportunities
Product Life Cycles
Supply Chain Analysis & Vendor Margins
Technology Trend Analysis
Consumer Preference and Product Specifications
Market share analysis of players by products/segments
New Product Development/ Product Matrix of Key Players
Strategic Recommedations
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Expanded list for Company Profiles
Market share analysis of players at global/region/country level
Volume Market Size and Forecast

Key Market Segments

By Application

Assembly
Other
Handling
Welding

By Robot Type

SCARA Robot
6-Axis Robot
Delta Robot
Other

By Load Capacity

Below 10kg
10kg to 100kg
Above 100kg

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- UK
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
Latin America
- Brazil
- Argentina
- Colombia
- Chile
- Rest of Latin America
Middle East and Africa
- Saudi Arabia
- UAE
- Nigeria
- Egypt
- Rest Of Mea

Key Market Players:

DENSO Robotics Incorporated
KUKA AG
Delta Electronics, Inc.
Robotic Automation Systems
ABB Ltd.
Omron Corporation
Kawasaki Heavy Industries, Ltd.
HIRATA Corporation
Mitsubishi Electric Automation, Inc
Panasonic Industry Co., Ltd.

Product Code: A169870

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities

CHAPTER 4: ARTICULATED INDUSTRIAL ROBOT MARKET, BY APPLICATION

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Handling
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Welding
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Assembly
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
4.5. Other
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country

CHAPTER 5: ARTICULATED INDUSTRIAL ROBOT MARKET, BY ROBOT TYPE

5.1. Overview
- 5.1.1. Market size and forecast
5.2. SCARA Robot
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. 6-Axis Robot
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. Delta Robot
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
5.5. Other
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country

CHAPTER 6: ARTICULATED INDUSTRIAL ROBOT MARKET, BY LOAD CAPACITY

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Below 10kg
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. 10kg to 100kg
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
6.4. Above 100kg
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country

CHAPTER 7: ARTICULATED INDUSTRIAL ROBOT MARKET, BY REGION

7.1. Overview
- 7.1.1. Market size and forecast By Region
7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Application
- 7.2.3. Market size and forecast, by Robot Type
- 7.2.4. Market size and forecast, by Load Capacity
- 7.2.5. Market size and forecast, by country
  - 7.2.5.1. U.S.
  - 7.2.5.1.1. Market size and forecast, by Application
  - 7.2.5.1.2. Market size and forecast, by Robot Type
  - 7.2.5.1.3. Market size and forecast, by Load Capacity
  - 7.2.5.2. Canada
  - 7.2.5.2.1. Market size and forecast, by Application
  - 7.2.5.2.2. Market size and forecast, by Robot Type
  - 7.2.5.2.3. Market size and forecast, by Load Capacity
  - 7.2.5.3. Mexico
  - 7.2.5.3.1. Market size and forecast, by Application
  - 7.2.5.3.2. Market size and forecast, by Robot Type
  - 7.2.5.3.3. Market size and forecast, by Load Capacity
7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Application
- 7.3.3. Market size and forecast, by Robot Type
- 7.3.4. Market size and forecast, by Load Capacity
- 7.3.5. Market size and forecast, by country
  - 7.3.5.1. Germany
  - 7.3.5.1.1. Market size and forecast, by Application
  - 7.3.5.1.2. Market size and forecast, by Robot Type
  - 7.3.5.1.3. Market size and forecast, by Load Capacity
  - 7.3.5.2. France
  - 7.3.5.2.1. Market size and forecast, by Application
  - 7.3.5.2.2. Market size and forecast, by Robot Type
  - 7.3.5.2.3. Market size and forecast, by Load Capacity
  - 7.3.5.3. UK
  - 7.3.5.3.1. Market size and forecast, by Application
  - 7.3.5.3.2. Market size and forecast, by Robot Type
  - 7.3.5.3.3. Market size and forecast, by Load Capacity
  - 7.3.5.4. Italy
  - 7.3.5.4.1. Market size and forecast, by Application
  - 7.3.5.4.2. Market size and forecast, by Robot Type
  - 7.3.5.4.3. Market size and forecast, by Load Capacity
  - 7.3.5.5. Rest of Europe
  - 7.3.5.5.1. Market size and forecast, by Application
  - 7.3.5.5.2. Market size and forecast, by Robot Type
  - 7.3.5.5.3. Market size and forecast, by Load Capacity
7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Application
- 7.4.3. Market size and forecast, by Robot Type
- 7.4.4. Market size and forecast, by Load Capacity
- 7.4.5. Market size and forecast, by country
  - 7.4.5.1. China
  - 7.4.5.1.1. Market size and forecast, by Application
  - 7.4.5.1.2. Market size and forecast, by Robot Type
  - 7.4.5.1.3. Market size and forecast, by Load Capacity
  - 7.4.5.2. Japan
  - 7.4.5.2.1. Market size and forecast, by Application
  - 7.4.5.2.2. Market size and forecast, by Robot Type
  - 7.4.5.2.3. Market size and forecast, by Load Capacity
  - 7.4.5.3. South Korea
  - 7.4.5.3.1. Market size and forecast, by Application
  - 7.4.5.3.2. Market size and forecast, by Robot Type
  - 7.4.5.3.3. Market size and forecast, by Load Capacity
  - 7.4.5.4. India
  - 7.4.5.4.1. Market size and forecast, by Application
  - 7.4.5.4.2. Market size and forecast, by Robot Type
  - 7.4.5.4.3. Market size and forecast, by Load Capacity
  - 7.4.5.5. Rest of Asia-Pacific
  - 7.4.5.5.1. Market size and forecast, by Application
  - 7.4.5.5.2. Market size and forecast, by Robot Type
  - 7.4.5.5.3. Market size and forecast, by Load Capacity
7.5. Latin America
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Application
- 7.5.3. Market size and forecast, by Robot Type
- 7.5.4. Market size and forecast, by Load Capacity
- 7.5.5. Market size and forecast, by country
  - 7.5.5.1. Brazil
  - 7.5.5.1.1. Market size and forecast, by Application
  - 7.5.5.1.2. Market size and forecast, by Robot Type
  - 7.5.5.1.3. Market size and forecast, by Load Capacity
  - 7.5.5.2. Argentina
  - 7.5.5.2.1. Market size and forecast, by Application
  - 7.5.5.2.2. Market size and forecast, by Robot Type
  - 7.5.5.2.3. Market size and forecast, by Load Capacity
  - 7.5.5.3. Colombia
  - 7.5.5.3.1. Market size and forecast, by Application
  - 7.5.5.3.2. Market size and forecast, by Robot Type
  - 7.5.5.3.3. Market size and forecast, by Load Capacity
  - 7.5.5.4. Chile
  - 7.5.5.4.1. Market size and forecast, by Application
  - 7.5.5.4.2. Market size and forecast, by Robot Type
  - 7.5.5.4.3. Market size and forecast, by Load Capacity
  - 7.5.5.5. Rest of Latin America
  - 7.5.5.5.1. Market size and forecast, by Application
  - 7.5.5.5.2. Market size and forecast, by Robot Type
  - 7.5.5.5.3. Market size and forecast, by Load Capacity
7.6. Middle East and Africa
- 7.6.1. Key market trends, growth factors and opportunities
- 7.6.2. Market size and forecast, by Application
- 7.6.3. Market size and forecast, by Robot Type
- 7.6.4. Market size and forecast, by Load Capacity
- 7.6.5. Market size and forecast, by country
  - 7.6.5.1. Saudi Arabia
  - 7.6.5.1.1. Market size and forecast, by Application
  - 7.6.5.1.2. Market size and forecast, by Robot Type
  - 7.6.5.1.3. Market size and forecast, by Load Capacity
  - 7.6.5.2. UAE
  - 7.6.5.2.1. Market size and forecast, by Application
  - 7.6.5.2.2. Market size and forecast, by Robot Type
  - 7.6.5.2.3. Market size and forecast, by Load Capacity
  - 7.6.5.3. Nigeria
  - 7.6.5.3.1. Market size and forecast, by Application
  - 7.6.5.3.2. Market size and forecast, by Robot Type
  - 7.6.5.3.3. Market size and forecast, by Load Capacity
  - 7.6.5.4. Egypt
  - 7.6.5.4.1. Market size and forecast, by Application
  - 7.6.5.4.2. Market size and forecast, by Robot Type
  - 7.6.5.4.3. Market size and forecast, by Load Capacity
  - 7.6.5.5. Rest Of Mea
  - 7.6.5.5.1. Market size and forecast, by Application
  - 7.6.5.5.2. Market size and forecast, by Robot Type
  - 7.6.5.5.3. Market size and forecast, by Load Capacity

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top winning strategies
8.3. Product mapping of top 10 player
8.4. Competitive dashboard
8.5. Competitive heatmap
8.6. Top player positioning, 2022

CHAPTER 9: COMPANY PROFILES

9.1. Mitsubishi Electric Automation, Inc
- 9.1.1. Company overview
- 9.1.2. Key executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.1.7. Key strategic moves and developments
9.2. DENSO Robotics Incorporated
- 9.2.1. Company overview
- 9.2.2. Key executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
- 9.2.7. Key strategic moves and developments
9.3. KUKA AG
- 9.3.1. Company overview
- 9.3.2. Key executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
- 9.3.7. Key strategic moves and developments
9.4. Delta Electronics, Inc.
- 9.4.1. Company overview
- 9.4.2. Key executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Business performance
- 9.4.7. Key strategic moves and developments
9.5. Robotic Automation Systems
- 9.5.1. Company overview
- 9.5.2. Key executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Business performance
- 9.5.7. Key strategic moves and developments
9.6. ABB Ltd.
- 9.6.1. Company overview
- 9.6.2. Key executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.6.7. Key strategic moves and developments
9.7. Omron Corporation
- 9.7.1. Company overview
- 9.7.2. Key executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Business performance
- 9.7.7. Key strategic moves and developments
9.8. Kawasaki Heavy Industries, Ltd.
- 9.8.1. Company overview
- 9.8.2. Key executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
- 9.8.7. Key strategic moves and developments
9.9. HIRATA Corporation
- 9.9.1. Company overview
- 9.9.2. Key executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Business performance
- 9.9.7. Key strategic moves and developments
9.10. Panasonic Industry Co., Ltd.
- 9.10.1. Company overview
- 9.10.2. Key executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.10.6. Business performance
- 9.10.7. Key strategic moves and developments