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Articulated Robot Market Report by Payload, Function, Type, Component, End Use Industry, and Region 2024-2032

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    Report

  • 138 Pages
  • April 2024
  • Region: Global
  • IMARC Group
  • ID: 5546997
Description Jump to:
The global articulated robot market size reached US$ 10.1 Billion in 2023. Looking forward, the market is projected to reach US$ 20.7 Billion by 2032, exhibiting a growth rate (CAGR) of 8.30% during 2023-2032.

An articulated robot refers to a programmable machine that consists of rotary joints to allow a full range of motion. It has a minimum of two rotary joints and is commonly utilized in various industrial processes, such as material handling, welding, dispensing, assembling, cutting loading/unloading and painting. Articulated robots enhance operational efficiency while performing complex tasks and can handle heavy products or materials, which are unsafe or difficult for humans. These robots also generate accurate output, are highly durable, cost-effective and require minimal rest. Owing to these benefits, they find extensive applications across various industries, including automotive, aerospace, and electronics.

The emerging trend of factory automation is one of the key factors driving the growth of the market. Furthermore, the growing need for operational efficiency in assembly lines is also providing a boost to the market growth. Articulated robots have high payload capacity and can conveniently handle tasks with immense speed and precision. Additionally, the growing electronics manufacturing services (EMS) industry across the globe is acting as another growth-inducing factor. These robots are extensively utilized to perform various functions, such as palletizing and welding, with superior positional capabilities and repeatability.

Their functional features also include managing the minutest electronic components while minimizing the overall installation time and costs of implementing robotic solutions. Other factors including, growing adoption of industrial robots, significant growth in the automotive industry, and product innovations, such as the introduction of soft and vacuum grippers for handling fragile products, are projected to drive the market further.

Key Market Segmentation

This report provides an analysis of the key trends in each sub-segment of the global articulated robot market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on payload, function, type, component, and end use industry.

Breakup by Payload:

  • Upto 16 Kg
  • 16 to 60 Kg
  • 60 to 225 Kg
  • More Than 225 Kg

Breakup by Function:

  • Handling
  • Welding
  • Dispensing
  • Assembling
  • Others

Breakup by Type:

  • 4-Axis or Less
  • 5-Axis
  • 6-Axis or More

Breakup by Component:

  • Controller
  • Arm
  • End Effector
  • Drive
  • Sensor
  • Others

Breakup by End Use Industry:

  • Automotive
  • Electrical and Electronics
  • Chemicals, Rubber and Plastics
  • Metal and Machinery
  • Food and Beverages
  • Precision Engineering and Optics
  • Pharmaceuticals and Cosmetics
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape

The report has also analysed the competitive landscape of the market with some of the key players being ABB Ltd., American Robot Corporation, Aurotek Corporation, Denso Wave Incorporated, Fanuc Corporation, Kawasaki Heavy Industries Ltd., Kuka Aktiengesellschaft (Midea Group), Mitsubishi Electric Corporation, Nachi-Fujikoshi Corp., Nimak GmbH, Seiko Epson Corporation and Yaskawa Electric Corporation.

Key Questions Answered in This Report

  • How has the global articulated robot market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global articulated robot market?
  • What are the key regional markets?
  • What is the breakup of the market based on the payload?
  • What is the breakup of the market based on the function?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the end use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global articulated robot market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Articulated Robot Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Payload
6.1 Upto 16 Kg
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 16 to 60 Kg
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 60 to 225 Kg
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 More Than 225 Kg
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Function
7.1 Handling
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Welding
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Dispensing
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Assembling
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Type
8.1 4-Axis or Less
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 5-Axis
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 6-Axis or More
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Component
9.1 Controller
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Arm
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 End Effector
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Drive
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Sensor
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecast
10 Market Breakup by End Use Industry
10.1 Automotive
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Electrical and Electronics
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Chemicals, Rubber and Plastics
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Metal and Machinery
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Food and Beverages
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Precision Engineering and Optics
10.6.1 Market Trends
10.6.2 Market Forecast
10.7 Pharmaceuticals and Cosmetics
10.7.1 Market Trends
10.7.2 Market Forecast
10.8 Others
10.8.1 Market Trends
10.8.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 ABB Ltd.
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Financials
16.3.1.4 SWOT Analysis
16.3.2 American Robot Corporation
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.3 Aurotek Corporation
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Financials
16.3.4 Denso Wave Incorporated
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.5 Fanuc Corporation
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Financials
16.3.5.4 SWOT Analysis
16.3.6 Kawasaki Heavy Industries Ltd.
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.6.4 SWOT Analysis
16.3.7 Kuka Aktiengesellschaft (Midea Group)
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.7.4 SWOT Analysis
16.3.8 Mitsubishi Electric Corporation
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 Financials
16.3.8.4 SWOT Analysis
16.3.9 Nachi-Fujikoshi Corp.
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.9.4 SWOT Analysis
16.3.10 Nimak GmbH
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 Financials
16.3.11 Seiko Epson Corporation
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 Financials
16.3.11.4 SWOT Analysis
16.3.12 Yaskawa Electric Corporation
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
16.3.12.3 Financials
List of Figures
Figure 1: Global: Articulated Robot Market: Major Drivers and Challenges
Figure 2: Global: Articulated Robot Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Articulated Robot Market: Breakup by Payload (in %), 2023
Figure 4: Global: Articulated Robot Market: Breakup by Function (in %), 2023
Figure 5: Global: Articulated Robot Market: Breakup by Type (in %), 2023
Figure 6: Global: Articulated Robot Market: Breakup by Component (in %), 2023
Figure 7: Global: Articulated Robot Market: Breakup by End Use Industry (in %), 2023
Figure 8: Global: Articulated Robot Market: Breakup by Region (in %), 2023
Figure 9: Global: Articulated Robot Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 10: Global: Articulated Robot (Upto 16 Kg) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Articulated Robot (Upto 16 Kg) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Articulated Robot (16 to 60 Kg) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Articulated Robot (16 to 60 Kg) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Articulated Robot (60 to 225 Kg) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Articulated Robot (60 to 225 Kg) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Articulated Robot (More Than 225 Kg) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Articulated Robot (More Than 225 Kg) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Articulated Robot (Handling) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Articulated Robot (Handling) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Articulated Robot (Welding) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Articulated Robot (Welding) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Articulated Robot (Dispensing) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Articulated Robot (Dispensing) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Articulated Robot (Assembling) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Articulated Robot (Assembling) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Articulated Robot (Other Functions) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Articulated Robot (Other Functions) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Articulated Robot (4-Axis or Less) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Articulated Robot (4-Axis or Less) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: Articulated Robot (5-Axis) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: Articulated Robot (5-Axis) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Global: Articulated Robot (6-Axis or More) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Global: Articulated Robot (6-Axis or More) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Global: Articulated Robot (Controller) Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Global: Articulated Robot (Controller) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Global: Articulated Robot (Arm) Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Global: Articulated Robot (Arm) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Global: Articulated Robot (End Effector) Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Global: Articulated Robot (End Effector) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Global: Articulated Robot (Drive) Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Global: Articulated Robot (Drive) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Global: Articulated Robot (Sensor) Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Global: Articulated Robot (Sensor) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Global: Articulated Robot (Other Components) Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Global: Articulated Robot (Other Components) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Global: Articulated Robot (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Global: Articulated Robot (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Global: Articulated Robot (Electrical and Electronics) Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Global: Articulated Robot (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Global: Articulated Robot (Chemicals, Rubber and Plastics) Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Global: Articulated Robot (Chemicals, Rubber and Plastics) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Global: Articulated Robot (Metal and Machinery) Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Global: Articulated Robot (Metal and Machinery) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Global: Articulated Robot (Food and Beverages) Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Global: Articulated Robot (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Global: Articulated Robot (Precision Engineering and Optics) Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Global: Articulated Robot (Precision Engineering and Optics) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Global: Articulated Robot (Pharmaceuticals and Cosmetics) Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Global: Articulated Robot (Pharmaceuticals and Cosmetics) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Global: Articulated Robot (Other End Use Industries) Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Global: Articulated Robot (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: North America: Articulated Robot Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: North America: Articulated Robot Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: United States: Articulated Robot Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: United States: Articulated Robot Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Canada: Articulated Robot Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Canada: Articulated Robot Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Asia Pacific: Articulated Robot Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Asia Pacific: Articulated Robot Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: China: Articulated Robot Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: China: Articulated Robot Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Japan: Articulated Robot Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Japan: Articulated Robot Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: India: Articulated Robot Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: India: Articulated Robot Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: South Korea: Articulated Robot Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: South Korea: Articulated Robot Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: Australia: Articulated Robot Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: Australia: Articulated Robot Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 80: Indonesia: Articulated Robot Market: Sales Value (in Million US$), 2018 & 2023
Figure 81: Indonesia: Articulated Robot Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 82: Others: Articulated Robot Market: Sales Value (in Million US$), 2018 & 2023
Figure 83: Others: Articulated Robot Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 84: Europe: Articulated Robot Market: Sales Value (in Million US$), 2018 & 2023
Figure 85: Europe: Articulated Robot Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 86: Germany: Articulated Robot Market: Sales Value (in Million US$), 2018 & 2023
Figure 87: Germany: Articulated Robot Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 88: France: Articulated Robot Market: Sales Value (in Million US$), 2018 & 2023
Figure 89: France: Articulated Robot Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 90: United Kingdom: Articulated Robot Market: Sales Value (in Million US$), 2018 & 2023
Figure 91: United Kingdom: Articulated Robot Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 92: Italy: Articulated Robot Market: Sales Value (in Million US$), 2018 & 2023
Figure 93: Italy: Articulated Robot Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 94: Spain: Articulated Robot Market: Sales Value (in Million US$), 2018 & 2023
Figure 95: Spain: Articulated Robot Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 96: Russia: Articulated Robot Market: Sales Value (in Million US$), 2018 & 2023
Figure 97: Russia: Articulated Robot Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 98: Others: Articulated Robot Market: Sales Value (in Million US$), 2018 & 2023
Figure 99: Others: Articulated Robot Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 100: Latin America: Articulated Robot Market: Sales Value (in Million US$), 2018 & 2023
Figure 101: Latin America: Articulated Robot Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 102: Brazil: Articulated Robot Market: Sales Value (in Million US$), 2018 & 2023
Figure 103: Brazil: Articulated Robot Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 104: Mexico: Articulated Robot Market: Sales Value (in Million US$), 2018 & 2023
Figure 105: Mexico: Articulated Robot Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 106: Others: Articulated Robot Market: Sales Value (in Million US$), 2018 & 2023
Figure 107: Others: Articulated Robot Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 108: Middle East and Africa: Articulated Robot Market: Sales Value (in Million US$), 2018 & 2023
Figure 109: Middle East and Africa: Articulated Robot Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 110: Global: Articulated Robot Industry: SWOT Analysis
Figure 111: Global: Articulated Robot Industry: Value Chain Analysis
Figure 112: Global: Articulated Robot Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Articulated Robot Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Articulated Robot Market Forecast: Breakup by Payload (in Million US$), 2024-2032
Table 3: Global: Articulated Robot Market Forecast: Breakup by Function (in Million US$), 2024-2032
Table 4: Global: Articulated Robot Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 5: Global: Articulated Robot Market Forecast: Breakup by Component (in Million US$), 2024-2032
Table 6: Global: Articulated Robot Market Forecast: Breakup by End Use Industry (in Million US$), 2024-2032
Table 7: Global: Articulated Robot Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 8: Global: Articulated Robot Market Structure
Table 9: Global: Articulated Robot Market: Key Players

Companies Mentioned

  • ABB Ltd.
  • American Robot Corporation
  • Aurotek Corporation
  • Denso Wave Incorporated
  • Fanuc Corporation
  • Kawasaki Heavy Industries Ltd.
  • Kuka Aktiengesellschaft (Midea Group)
  • Mitsubishi Electric Corporation
  • Nachi-Fujikoshi Corp.
  • Nimak GmbH
  • Seiko Epson Corporation
  • Yaskawa Electric Corporation

Methodology

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Table Information

Report AttributeDetails
No. of Pages138
PublishedApril 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 10.1 Billion
Forecasted Market Value ( USD ) by 2032 $ 20.7 Billion
Compound Annual Growth Rate8.3%
Regions CoveredGlobal
No. of Companies Mentioned12

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