Covid19:Articulated Robots Market is estimated to reach USD 25.6 Billion in 2024
Articulated Robots Market: Summary
The Global Articulated Robots Market is estimated to reach USD 25.6 Billion in 2024 at a CAGR of 15.8%. Adoption of Industrial Internet of Things (IIOT) technology is expected to drive the articulated robots market during the forecast period. However, High initial investment cost is expected to restrain the market during the forecast period. Open automation architecture is expected to become an opportunity for articulated robots market.
Articulated robot is a robot which has rotary joints. Number of rotary joints can vary from two to ten or more. Articulated robots enable articulated and interpolated movement to any extent within the work area. Some key players in articulated robots market are FANUC Corp., Yaskawa Electric Corp., ABB Ltd., Kawasaki Heavy Industries Ltd and Nachi-Fujikoshi Corp. among others.
Download Free Sample Copy of Global Articulated Robots Market@ https://www.forencisresearch.com/articulated-robots-market-sample-pdf/
Articulated Robots Market: Report Synopsis
This market research report offers a comprehensive analysis of key market trends in the global articulated robots market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks.
- On the basis of axis, the market is segmented into 4- axis, 5- axis, 6- axis,and 7- axis.
- By component, the articulated robots market is segmented into hardware, software, andservices. By load capacity, the articulated robot market is segmented into low, medium, high, and heavy.
- By application, the articulated robots market is segmented into material handling, assembling, welding, molding,and
- By end use industry, the articulated robots market is segmented into automotive, aerospace, chemical, consumer goods, electronics, energy, healthcare, manufacturing,and others.
To Gain More Insights Around the Global Articulated Robots Market@https://www.forencisresearch.com/articulated-robots-market/
Articulated Robots Market: Report Segmentation
For the scope of report, In-depth segmentation is offered by Forencis Research
Articulated Robots Market by Axis
- 4- Axis
- 5- Axis
- 6- Axis
- 7- Axis
Articulated Robots Market by Component
- End Effector
Articulated Robots Market by Load Capacity
Request Report Methodology On Competition On Global Articulated Robots Market@ https://www.forencisresearch.com/articulated-robots-market-request-methodology/
Articulated Robots Market by Application
- Material Handling
Articulated Robots Market by End Use Industry
- Consumer Goods
Read Press Release of Global Articulated Robots Market for More Information@ https://www.forencisresearch.com/articulated-robot-market-to-reach-usd-25-6-billion-by-2024/
Articulated Robots Market by Region
- South Korea
- Rest of Asia-Pacific
- Rest of Europe
Middle East and Africa
- Saudi Arabia
- Rest of Middle East & Africa
- Rest of South America
Purchase Global Articulated Robots Market Premium Industry Research Report with Analysis @ https://www.forencisresearch.com/articulated-robots-market-purchase-now/
About Forencis Research
Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.
Phone: +1 (720) 306 9020
For more market research insights, please visit https://www.forencisresearch.com