In this report,global Articulated Robot Market will reach 9442.02 Million USD by the end of 2022 with a CAGR of 11.82%
The Articulated Robot industry was 5400.53 million USD in 2017 and is projected to reach USD 9442.02 million USD by 2022, at a CAGR of 11.82% between 2016 and 2022.
An articulated robot is a robot which is fitted with rotary joints. Rotary joints allow a full range of motion, as they rotate through multiple planes, and they increase the capabilities of the robot considerably. An articulated robot can have one or more rotary joints, and other types of joints may be used as well, depending on the design of the robot and its intended function.
Articulated Robot can be divided into three categories: 4-Axis or less type, 5-Axis type and 6-Axis or more type. 6-Axis or more type accounted for the highest proportion in production market, with a figure of 57.32% in 2017, followed by 4-Axis or less type, account for 26.02% and 5-Axis type account for 16.66%.
The sales market share of global Articulated Robot in Automotive use, Electrical and Electronics use, Machinery use, Rubber, Plastics & Chemicals use, Food & Beverage use and other applications have been stable year by year, at 37.41%, 22.94%, 9.02%, 8.67%, 4.64% and 17.32% respectively in 2017, and for several consecutive years, the amplitude was within one percent. This indicates that the segment of the Articulated Robot in the global market tends to be fixed without great changes. Among them, the Articulated Robot market has the most promising sales prospects in Automotive use.
XYZ research center data shows that China is the biggest contributor to the Articulated Robot revenue market, accounted for 30.88% of the total global market with a revenue of 1667.59 million USD in 2017, followed by EU, 18.57% with a revenue of 1002.90 million USD.
The key players are FANUC, KUKA, ABB, Yaskawa, kawasaki, DENSO, Nachi-Fujikoshi, Epson, Staubli, OTC, COMAU, Omron Adept Technologies, SIASUN, HIWIN (TW), Yamaha, GSK, Triowin, Nanjing Estun Automation and so on. All manufactures in the world are committed to the improvement of product. These two years, some of Chinese manufactures can almost catch up with the world's leading technology too. Most technologies are developed by the manufacturers instead of importing from other companies.
The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
Geographically, global Articulated Robot market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
FANUC
KUKA
ABB
Yaskawa
kawasaki
DENSO
Nachi-Fujikoshi
Epson
Staubli
OTC
COMAU
Omron Adept Technologies
SIASUN
HIWIN (TW)
Yamaha
GSK
Triowin
Nanjing Estun Automation
On the basis of product, we research the production, revenue, price, market share and growth rate, primarily split into
4-Axis or Less
5-Axis
6-Axis or More
For the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Articulated Robot for each application, including
Automotive
Electrical and Electronics
Machinery
Rubber, Plastics & Chemicals
Food & Beverage
Others
Production, consumption, revenue, market share and growth rate are the key targets for Articulated Robot from 2014 to 2026 (forecast) in these regions
China
USA
Europe
Japan
Korea
India
Southeast Asia
South America
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Summary:
Get latest Market Research Reports on Articulated Robot. Industry analysis & Market Report on Articulated Robot is a syndicated market report, published as Global Articulated Robot Market Analysis 2020 with Top Companies, Production, Consumption,Price and Growth Rate. It is complete Research Study and Industry Analysis of Articulated Robot market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.