Market Research Report
Published: April 1, 2021
Global Industry Analysts, Inc.
Content info: 104 Pages
Delivery time: 1-2 business days
Global SCARA Robots Market to Reach $9.8 Billion by 2027
Amid the COVID-19 crisis, the global market for SCARA Robots estimated at US$7.1 Billion in the year 2020, is projected to reach a revised size of US$9.8 Billion by 2027, growing at a CAGR of 4.7% over the period 2020-2027.
The U.S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 4.5% CAGR
The SCARA Robots market in the U.S. is estimated at US$2.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2027 trailing a CAGR of 4.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.
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