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NEW YORK, Sept. 16, 2021 /PRNewswire/ — The global articulated robots market size is expected to increase by USD 6.12 billion during 2021-2025, progressing at a CAGR of about 10% during the forecast period, according to Technavio. The report offers an up-to-date analysis of the growth variance and the Y-O-Y growth rate.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., Comau Spa, FANUC Corp., Midea Group Co. Ltd., Mitsubishi Electric Corp., NACHI-FUJIKOSHI Corp., OMRON Corp., Seiko Holdings Corp., Yamaha Motor Co. Ltd., and Yaskawa Electric Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The increasing benefits of articulated robots have been instrumental in driving the growth of the market. However, the rising competition from SCARA robots will challenge market growth.
Articulated Robots Market 2021-2025: Segmentation
Articulated Robots Market is segmented as below:
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Articulated Robots Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our articulated robots market report covers the following areas:
This study identifies increasing demand from the automotive industry as one of the prime reasons driving the articulated robots market growth during the next few years.
Articulated Robots Market 2021-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Articulated Robots Market. Backed with competitive intelligence and benchmarking, our research reports on the Articulated Robots Market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
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Articulated Robots Market 2021-2025: Key Highlights
Table Of Contents :
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Report: www.technavio.com/report/articulated-robots-market-industry-analysis
SOURCE Technavio
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