PUBLISHER: The Business Research Company | PRODUCT CODE: 1392881
PUBLISHER: The Business Research Company | PRODUCT CODE: 1392881
“SCARA Robot Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on scara robot market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for scara robot? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The scara robot market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
SCARA stands for Selective Compliance Assembly Robot Arm. It represents an industrial robot designed with an arm-shaped structure that mimics precise human hand motions, providing a highly reliable, accurate, and fast performance within a compact design. This characteristic makes SCARA robots well-suited for deployment in assembly lines and production systems. They find applications across various industries, including packaging, manufacturing, assembling, and others, where high-speed and high-accuracy pick-and-place or assembly operations are essential.
The main categories of SCARA robots include hardware, software, service, testing, training, and maintenance. These robots are classified based on different payload capacities, including up to 5. 00 kg, 5. 01-15. 00 kg, and more than 15. 00 kg. SCARA robots with a payload capacity of 5. 01-15. 00 kg are commonly utilized in assembly, packaging, lifting, and other operations. In assembly lines, they demonstrate efficient operation at high speeds and exhibit high load performance. SCARA robots find applications in various tasks such as handling, assembling and disassembling, welding and soldering, dispensing, processing, and more. They are employed across industries like electrical and electronics, automotive, metals and machinery, plastics, rubbers, and chemicals, precision engineering and optics, food and beverages, pharmaceuticals and cosmetics, among others.
The SCARA robots market research report is one of a series of new reports from The Business Research Company that provides SCARA robots market statistics, including SCARA robots industry global market size, regional shares, competitors with SCARA robots market share, detailed SCARA robots market segments, market trends and opportunities, and any further data you may need to thrive in the SCARA robots industry. This anomaly detection market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The scara robot market size has grown rapidly in recent years. It will grow from $9. 07 billion in 2023 to $10. 47 billion in 2024 at a compound annual growth rate (CAGR) of 15. 4%. The growth observed in the historical period can be attributed to the expansion of manufacturing automation, an increased demand for high-speed and precision assembly processes, a heightened need for repeatable tasks, and the growth of the electronics and semiconductor industries.
The scara robot market size is expected to see rapid growth in the next few years. It will grow to $18. 11 billion in 2028 at a compound annual growth rate (CAGR) of 14. 7%. The anticipated growth in the forecast period can be attributed to the expansion of collaborative robotics, the increased presence of SCARA robots in the medical and healthcare sector, the rising utilization of SCARA robots in the food and beverage industry, and the adoption of SCARA robots in e-commerce warehouses. Key trends expected in the forecast period encompass technological advancements in robotics, the integration of artificial intelligence in SCARA robotics, the incorporation of vision systems for enhanced sensing capabilities, the development of modular and flexible SCARA robot designs, and the implementation of Industry 4. 0 concepts in SCARA robotics.
The anticipated surge in industrial automation adoption is set to drive the growth of the SCARA robot market. Industrial automation involves the utilization of control systems, including computers and robots, along with information technology, to manage various processes and machinery in industries. In recent years, the integration of SCARA robots has become prevalent across industries, contributing to maximum automation and operational efficiency. The incorporation of SCARA robots in manufacturing offers benefits such as enhanced productivity, quality, and worker safety by minimizing errors and waste while adding flexibility to the manufacturing process. Notably, it is estimated that by 2050, approximately 85-90% of manufacturing firms in India will adopt automation, underscoring the role of increased automation in propelling the SCARA robot market.
The escalating use of artificial intelligence (AI) is expected to be a driving force for the SCARA robot market. AI, a field of computer science and technology focused on creating systems capable of human-like intelligence, finds valuable applications with SCARA robots as versatile tools for precision tasks and automation. SCARA robots play a crucial role in AI research and development, engaging in activities such as assembling and testing electronic components and facilitating machine learning experiments. With the global AI market valued at $328. 34 billion and an expected growth rate of 38. 1% from 2021 to 2030, the increased integration of AI is poised to contribute to the growth of the SCARA robot market.
Technological advancement stands out as a prominent trend gaining traction in the SCARA robot market. Leading companies in the market are committed to developing innovative technological solutions to optimize business operations and reinforce their positions. In June 2022, Epson America, Inc., a US-based industrial robot design and manufacturing company, launched advanced SCARA robots, the Epson GX4 and GX8, featuring Gyro sensor technology for high-end automation needs in manufacturing. These robots offer ultra-high precision for tasks such as assembly, pick and place, and handling small and delicate parts, making them well-suited for industries like medical devices, electric and electronic, and consumer electronics.
Major players in the SCARA robot market are concentrating on the development of groundbreaking products, exemplified by the MCS500 SCARA. Mecademic, a Canada-based precise industrial robot manufacturer, introduced the MCS500 SCARA, a 4-axis robot offering unparalleled space efficiency, precision, and integration flexibility. Launched in October 2023, this innovative SCARA robot utilizes an embedded controller, boasting the title of the most compact SCARA robot in its class. Built with precision-machined aluminum housing, battery-less encoders, and high-efficiency motors, the MCS500 SCARA ensures enduring quality and flexible integration, accelerating automation in small component design, inspection, and assembly applications.
In March 2022, Bosch Rexroth AG, a Germany-based company specializing in SCARA robots, acquired Kassow Robots for an undisclosed amount. This acquisition aims to enhance Bosch Rexroth AG's product portfolio of industrial robots utilizing artificial intelligence and 5G technology to boost productivity in manufacturing firms. Kassow Robots, based in Denmark, specializes in the manufacturing of SCARA robots.
Major companies operating in the in the scara robot market report are Epson America Inc., Yamaha Motor Co. Ltd, YASKAWA ELECTRIC CORPORATION, DENSO EUROPE B. V., Staubli International AG, Asea Brown Boveri, Kawasaki Robotics, Mitsubishi Electric Corporation, Asic Robotics AG, Comau S. p. A., Fanuc Corporation, Hirata Corporation, Janome Industrial Equipment, KUKA AG, Nachi-Fujikoshi Corp., Omron Adept Technologies, Precise Automation Inc., Seiko Epson Corporation, Toshiba Machine Co. Ltd., Adept Technology Inc., Bosch Rexroth AG, Codian Robotics B. V., FANUC Robotics America Inc., Flexiv Ltd., Hiwin Corporation, Kawasaki Heavy Industries Ltd., Omron Corporation, Siasun Robot & Automation Co. Ltd., Techman Robot Inc., Universal Robots A/S
Asia-Pacific was the largest region in the SCARA Robot market in 2023. North America was the second largest region of the SCARA Robot market. The regions covered in the scara robot market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the scara robot market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The SCARA robot market consists of sales of 3-axis SCARA robot and 4-axis SCARA robot. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.