The Global robotic arm market was valued at USD 26.24 billion in 2021 and is expected to reach USD 74.35 billion by 2029, registering a CAGR of 13.90% during the forecast period of 2022-2029

The Robotic Arm Market analysis report puts light on several factors such as market size in various countries around the world, projected CAGR of the market to grow in the forecast period 2020-2029, base year calculated in the report, key factors driving the market, most influencing segment growing in the market, top companies that hold the market share in the market, region to provide more business opportunities in the coming years and more. The report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market. Robotic Arm Market business report makes some important proposals for a new project of Robotic Arm Market before evaluating its feasibility.

The Robotic Arm Market report gives market analysis by taking into account market structure along with forecast of the various segments and sub-segments of the Robotic Arm industry. The market size, revenue generated from the sales and technologies by various application segments are also evaluated in this Robotic Arm Market report. This Robotic Arm Market document delivers the best analytics through exhaustive research methodologies. A detailed qualitative analysis of the factors responsible for driving and restraining growth of the market opportunities have also been discussed in this business report. Analysis of upstream raw materials, downstream demand, and current market dynamics is also performed here.



Robotic Arm Market Analysis and Size

The rise in technology and advancements have reduced the superior working hours that are required for maintenance. Robotic arms are being widely utilized in handling the heavy payloads at the arm wrist. These advanced arms are effective in handling payload capacity, which increases its capacity as per the task.

Global robotic arm market was valued at USD 26.24 billion in 2021 and is expected to reach USD 74.35 billion by 2029, registering a CAGR of 13.90% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

 

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Market Scope and Size - Robotic Arm Market

The robotic arm market is segmented on the basis of payload capacity, type, axes, end user industry and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Payload Capacity

  • Less than 500KG
  • 500-3000KG
  • 3001KG and Above

Type

  • Articulated
  • Cartesian
  • SCARA
  • Spherical or Polar
  • Cylindrical
  • Others

Axes

  • 1-Axis
  • 2-Axis
  • 3-Axis
  • 4-Axis
  • 5-Axis
  • 6-Axis
  • 7-Axis

End User Industry

  • Automotive
  • Electrical and Electronics
  • Metals and Machinery
  • Plastics and Chemicals
  • Food and Beverages
  • Others

Application

  • Materials Handling
  • Cutting and Processing
  • Soldering and Welding
  • Assembling and Disassembling
  • Others

 

Robotic Arm Market Country Level Analysis

The robotic arm market is analysed and market size insights and trends are provided by country, payload capacity, type, axes, end user industry and application as referenced above.

The countries covered in the robotic arm market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA).

 

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Key Players- Robotic Arm Market

Some of the major players operating in the robotic arm market are

  • KUKA AG (Germany)
  • FANUC CORPORATION (Japan)
  • YASKAWA ELECTRIC CORPORATION. (Japan)
  • Kawasaki Heavy Industries, Ltd. (Japan)
  • ABB (Sweden)
  • Mitsubishi Electric Corporation (Japan)
  • Adept Technologies (India)
  • DENSO WAVE INCORPORATED. (Japan)
  • Rockwell Automation, Inc. (US)
  • NACHI-FUJIKOSHI CORP. (Japan)
  • Universal Robots (Denmark)
  • OMRON Corporation (Japan)
  • Seiko Epson Corporation. (Japan)
  • Flexiv (US)
  • Asimov Robotics. (India)
  • Gridbots Technologies Private Limited. (India)
  • cc (China)

 

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