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businessindustry · 3 months ago

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Industrial Paint Robots Market Global Report, Analysis and Growth - 2032

The Reports and Insights, a leading market research company, has recently releases report titled “Industrial Paint Robots Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Industrial Paint Robots Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Industrial Paint Robots?

The global industrial paint robots market size reached US$ 2.4 billion in 2023. Looking forward, Reports and Insights expects the market to reach US$ 5.3 billion in 2032, exhibiting a growth rate (CAGR) of 9.1% during 2024-2032.

What are Industrial Paint Robots Market?

Industrial paint robots are automated machines designed to apply paint or coatings with precision in manufacturing and production settings. Equipped with advanced sensors, programmable controls, and high accuracy, they ensure uniform and consistent paint application, boosting efficiency and minimizing waste. These robots are widely used in industries such as automotive, aerospace, and electronics, where exactness and quality are essential. In addition to speeding up the painting process and cutting labor costs, industrial paint robots enhance safety by reducing workers' exposure to hazardous chemicals and fumes.

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What are the growth prospects and trends in the Industrial Paint Robots Market industry?

The industrial paint robots market growth is driven by various factors and trends. The industrial paint robots market is expanding quickly due to rising demand for automation in industries such as automotive, aerospace, and electronics, where precision and uniformity are essential. These robots provide key benefits like enhanced paint quality, reduced material waste, and lower labor costs, making them an attractive option for companies seeking to improve production efficiency. Technological advancements, including improved sensors and AI-driven controls, are further driving market growth by increasing robot accuracy and versatility. Additionally, the emphasis on worker safety and minimizing exposure to harmful chemicals is encouraging wider adoption of paint robots across various industries. Hence, all these factors contribute to industrial paint robots market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

By Robot Type:

Articulated Robots

Cartesian Robots

Selective Compliance Assembly Robot Arm (SCARA) Robots

Collaborative Robots

By End-Use Industry:

Automotive

Aerospace

Electronics

Furniture and Woodworking

Metal and Machinery

Others

Market Segmentation By Region:

North America:

United States

Canada

Europe:

Germany

United Kingdom

France

Italy

Spain

Russia

Poland

BENELUX

NORDIC

Rest of Europe

Asia Pacific:

China

Japan

India

South Korea

ASEAN

Australia & New Zealand

Rest of Asia Pacific

Latin America:

Brazil

Mexico

Argentina

Rest of Latin America

Middle East & Africa:

Saudi Arabia

South Africa

United Arab Emirates

Israel

Rest of MEA

Who are the key players operating in the industry?

The report covers the major market players including:

ABB Ltd.

Fanuc Corporation

Yaskawa Electric Corporation

KUKA AG

Kawasaki Heavy Industries Ltd.

Durr AG

Comau S.p.A.

Stäubli International AG

Universal Robots A/S

Nachi-Fujikoshi Corporation

Epson Robotics

Omron Corporation

CMA Robotics S.p.A.

FANUC Corporation

KAWASAKI Robotics GmbH

Discover more: https://www.reportsandinsights.com/report/industrial-paint-robots-market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

Reports and Insights consistently mееt international benchmarks in the market research industry and maintain a kееn focus on providing only the highest quality of reports and analysis outlooks across markets, industries, domains, sectors, and verticals. We have bееn catering to varying market nееds and do not compromise on quality and research efforts in our objective to deliver only the very best to our clients globally.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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#Industrial Paint Robots Market Size #Industrial Paint Robots Market Share #Industrial Paint Robots Market Demand #Industrial Paint Robots Market Analysis

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amrutatbrc1 · 3 months ago

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Robotic Arm Market 2024 : Industry Analysis, Trends, Segmentation, Regional Overview And Forecast 2033

The Robotic Arm Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The Robotic Arm Market: https://www.thebusinessresearchcompany.com/report/robotic-arm-global-market-report

According to The Business Research Company’s Robotic Arm Global Market Report 2024, The robotic arm market size is expected to see rapid growth in the next few years. It will grow to $69.16 billion in 2028 at a compound annual growth rate (CAGR) of 17.0%. The growth in the forecast period can be attributed to robotic arms used in manufacturing, enhanced efficiency, precision, and speed in production processes, increasing productivity and cost-effectiveness, automation in various sectors, including automotive, and growth in e-commerce. Major trends in the forecast period include the growing complexity of manufacturing processes, technological advancements in robotics, advanced technological infrastructure, advancement of robotic arms in healthcare, and increasing technological integration.

The expansion of the e-commerce industry is expected to propel the growth of the robotic arm market going forward. The e-commerce industry refers to the buying and selling goods and services over the internet. It has transformed how businesses and consumers interact, offering convenience, accessibility, and a global reach. The growth of e-commerce is driven by the widespread use of smartphones, internet access, and a broad selection of online products. Robotic arms are crucial in optimizing supply chain and logistics operations within the e-commerce industry, enabling businesses to manage inventory more efficiently, reduce operational costs, and enhance overall productivity. For instance, in February 2024, according to the United States Census Bureau, a US-based government agency, in 2023, e-commerce sales were projected to reach $1,118.7 billion, marking a 7.6% (±1.2%) increase from 2022, while total retail sales saw a 2.1% (±0.4%) rise over the same period. In 2023, e-commerce sales constituted 15.4% of total sales, compared to 14.7% in 2022. Therefore, the expansion of the e-commerce industry is driving growth in the robotic arm market.

Get A Free Sample Of The Report (Includes Graphs And Tables): https://www.thebusinessresearchcompany.com/sample.aspx?id=17249&type=smp

The robotic arm market covered in this report is segmented –

1) By Type: Articulated, Cartesian, Selective Compliance Articulated Robot Arm (SCARA), Spherical Or Polar, Cylindrical, Other Types 2) By Payload Capacity: Less Than 500 Kilogram (KG), 500-3000 Kilogram (KG), 3001 Kilogram (KG) And Above 3) By Axis: 1-Axis, 2-Axis, 3-Axis, 4-Axis, 5-Axis, 6-Axis, 7-Axis 4) By Application: Materials Handling, Cutting And Processing, Soldering And Welding, Assembling And Disassembling, Other Applications 5) By End-User Industry: Automotive, Electrical And Electronics, Metals And Machinery, Plastics And Chemicals, Food And Beverages, Other End-User Industries

Major companies operating in the robotic arm market are focusing on developing innovative products such as collaborative robots (cobots) to gain a competitive advantage. Cobots are designed to work alongside human operators, enhancing productivity and efficiency in various industrial settings. For instance, in 2021, Universal Robots, a Denmark-based industrial automation company, launched the UR20 cobot, featuring a 20kg payload capacity and a reach of 1.75m. The UR20 boasts advanced safety features, including force-sensing technology and intuitive programming, making it suitable for various applications, from material handling to machine tending. The UR20 is designed to provide up to 30% more speed and torque, advanced motion control capabilities, and a first-class user experience. Its 20kg payload and 1.75m reach make it an ideal match for applications ranging from palletizing to part handling and assembly.

The robotic arm market report table of contents includes:

1. Executive Summary

2. Robotic Arm Market Characteristics

3. Robotic Arm Market Trends And Strategies

4. Robotic Arm Market - Macro Economic Scenario

5. Global Robotic Arm Market Size and Growth ..............

32. Global Robotic Arm Market Competitive Benchmarking

33. Global Robotic Arm Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Robotic Arm Market

35. Robotic Arm Market Future Outlook and Potential Analysis

36. Appendix

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trendingreportz · 5 months ago

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Industrial Robotics Market - Forecast(2024 - 2030)

Industrial Robotics Market Overview

Industrial Robotics Market size was valued at $49.25 Billion in 2030, and it is estimated to grow at a CAGR of 11.9% during 2024-2030. The advent of numerous sorts of techniques committed to production control and the introduction of automation solutions are the key components of present production improvement policies. In addition, the increasing awareness of industrial robots has resulted in their deployment ranging from manufacturing to the healthcare industry. Moreover, this market is majorly driven by a surge in labor charges worldwide, which in turn has forced manufacturers to replace human labor with machines. Asia and Europe are the key growth regions of the world, with leading players, namely ABB, Fanuc, KUKA, Kawasaki, and the Yaskawa Electric Corporation being based out in the region. Collaborative Robots (Cobots) are revolutionizing the industry by working alongside humans without the need for safety cages. This trend is gaining momentum due to the increasing demand for automation in smaller factories and their expanding role in diverse industries. Cobots enhance flexibility, efficiency, and safety in manufacturing processes. Simultaneously, advancements in AI and IoT are driving a paradigm shift in industrial robotics. AI empowers robots to learn and adapt, making them more intelligent and versatile. The integration of IoT enables robots to communicate with each other and other systems, fostering enhanced collaboration and efficiency. This synergy is propelling the industrial sector towards Industry 4.0, where smart manufacturing processes redefine automation standards. As a result, the industrial robotics market is evolving with the widespread adoption of Cobots and the integration of AI and IoT, ushering in a new era of intelligent and collaborative automation. Hence these benefits are analyzed to drive the market in the forecast period 2024-2030.

Report Coverage

The report: “Industrial Robotics Market Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Industrial Robotics Market.

By Category: Articulated Robot, Cylindrical Robot, Linear Robots, Cartesian & Gantry, Parallel Robot, SCARA Robot, Spherical Robots, Dual arm, Others

By Configuration: Mounted, Cobots/ Collaborative Robots)

By Components: (Manipulator, Sensor Devices, Robot Tooling, RCU - Robot Controller Unit

By payload: Up to 5KG, 5.1 to 10 KG, 10.1 to 15 KG, and More than 15 Kg

By End User: Automotive and Autoparts, Electrical & Electronics, Food and Beverages, Metal Fabrication and Palletization, Medical, Chemical, and Life Sciences, Others

By Geography: North America, South America, Europe, APAC, RoW.

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Key Takeaways

APAC dominated the Industrial Robotics Market in 2023 with a share of 58%. High and early adoption of advanced technologies is set to boost the market growth. The strong financial position allows it to invest heavily in the adoption of latest tools and technologies for ensuring effective business operations.

Parallel robots are estimated to grow at a CAGR of 11.8% market. These Robots will be formed by connecting parallelograms to a common base and are also referred to as spider-like robots.

Robotic automation enables to achieve innovation in a quick and impactful way which can drive quantifiable benefits to the industrial automation industry.

Category - Segment Analysis

Parallel robots are estimated to grow at a CAGR of 11.8% market. These Robots will be formed by connecting parallelograms to a common base and are also referred to as spider-like robots. These robots are mostly used in the food industry, pharmaceuticals, and electronic industries. As they can do delicate/precise movements. Similarly, these robots will use three servo motors and are very high in speed and perfectly suited for light-duty tasks within small working zones. These are the main reasons which tends to be used for high-speed sorting and packaging in the food, pharmaceutical, and electronic industries. In addition, the delta robot market is anticipated to be driven by the trend of miniaturization in the manufacturing industry, moreover, smaller sizes of objects lead to increased challenges of various micro-assembly tasks, expected to increase the demand for delta robots. Moreover, technologically advanced machine vision 3D cameras are being integrated with delta robots to enhance their efficiency and accuracy. In addition, Delta robots with vision systems can perform lethargic, dull, and monotonous tasks at high speed and accuracy with minimum imperfections and scrap. This will improve the performance of delta robots and increase their adoption in end-user industries. Additionally, several companies are investing heavily in research and development activities for these robots. In 2022, Omron expanded its i4H SCARA lineup with food-grade robots, catering to the food and beverage and packaging industry. These new additions prioritize safe handling, ensuring compliance with the industry's stringent hygiene standards. Similarly, companies such as ABB, KUKA AG, and so on are investing heavily in the development of advanced robots in the forecast period 2024-2030.

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End User - Segment Analysis

Electrical & Electronics is the fastest-growing segment in the Industrial Robotics Market and is estimated to grow at a CAGR of 9.4%. The Electronics sector has also been slowly emerging as a major end-user for the Industrial Robotics Market with its higher adaptability due to growing digitalization. Since accuracy and precision are of important factors in an electronic production plant, thus due to ease of use, the electronics sector has been proactively adopting industrial robots, boosting its market growth. With the growing shift towards automation of manufacturing processes, industries like electrical and electronics have been widely deploying industrial robots to perform high-precision tasks, thus improving productivity standards. The usage of industrial robots helps electrical and electronics companies to automate almost every manual task while adding value to their business growth. Thus, growing adoption has been causing a positive impact on the market growth of industrial robots. With growing development of the electronics sector due to rising demands for electronic devices by consumers has been also acting as a major driver toward higher requirements for industrial robots. As industries are shifting towards smart technologies, industrial robots are gaining much popularity in the electronics sector due to their capabilities of performing tasks like integration and assembling of various small-sized components within electronic devices such as mobile phones, computers, and many others more efficiently within less time intervals. Since electronics manufacturers have to work under tight profit margins, industrial robots act as a cost-effective solution for improving the automation standards in their industry. Industrial Robots are used in applications ranging from cutting metal housings to assembling miniature components on boards, to applying adhesives and polishing surfaces, thus performing quality inspections and packing of finished products, at lower costs. Moreover, in the electrical and electronics sector, industrial robots are utilized mainly in assembly, screw tightening, electronic parts insertion as well as inspection processes as the robots are highly capable of sustaining harsh working environments. Such growing deployments help the industry to continue with their production process with quality preservation even at times of lack of skilled labor. Additionally, with innovations in the field of industrial robotics, lightweight and smaller robots are facing high demands in this sector.

Geography- Segment Analysis

APAC dominated the Industrial Robotics Market in 2023 with a share of 58%, followed by Europe and North America. High and early adoption of advanced technologies in countries such as India, and China is set to boost the market growth. The strong financial position allows it to invest heavily in the adoption of latest tools and technologies for ensuring effective business operations. The Chinese government’s ‘Made in China 2025’ policy aims at improving the competitiveness of Chinese companies through automation. According to the Ministry of Industry and Information Technology, in 2022, China's industrial robot output grew by 5.4% to 222,000 units in the first half of the year. Service robot production surged by 9.62% to 3.53 million units. China maintained its global lead in industrial robot installations in 2022, capturing over 50% of the market share. Moreover, the automotive industry is the major adopter of industrial robotics with a wide variety of applications and thus the growing automotive industry in this region will propel the market. Companies such as BAIC Motors, and Changan Automobile Group, have been investing heavily in the adoption of robotics in the forecast period 2024-2030. In addition, the launch of ‘Make in India’ has increased the focus on the Indian manufacturing sector, which is set to be among the fastest-growing markets in the APAC region as well as globally. The manufacturing sector’s growth output has increased and is projected to exhibit high growth. For instance, the government of India has committed to investing more than $13 billion in industrial robotic R&D. The government estimates the manufacturing sector value could reach $1 trillion by 2025. Major companies such as GE, Bosch, and Panasonic are planning to invest in the country which would boost India’s economic growth.

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Drivers – Industrial Robotics Market Robotic Process Automation and Artificial Intelligence Automation Spending Driving the Growth of Industrial Robots

The Robotics process automation landscape has changed in the past couple of years and has evolved from an emerging factor for the industrial robotics industry. Robotic automation enables to achieve innovation in a quick and impactful way which can drive quantifiable benefits to the industrial automation industry. Across the globe, automation companies are investing lots of capital to develop and innovate new technology in research and development. In 2023, ABB committedto investing $280 million in Sweden's Västerås to boost its European Robotics hub, catering to rising demand for AI-driven collaborative and industrial robots. The expanded campus, aligned with ABB's local production strategy, aims to enhance capacity by 50%, meeting evolving market needs amid supply chain challenges. Similarly, companies such as Mitsubishi Electric Corp, Ellison, and so on are investing heavily for the development of industrial robots in the forecast period. Some of the key factor affecting robotic process automation includes process with higher automation potential, with higher headcount reduction that offer a great cost saving to the manufacturers. Robotic Process Automation (RPA) recurring costs including licensing, hosting, and monitoring vary significantly by vendor and type of solution, the lower the recurring cost for RPA, the higher the cost saving. Various service providers are implementing RPA tools in various areas of end-user processes focusing on achieving consistency, risk reduction, and cost reduction factors.

Rising Labor Costs Amidst the Aging Workforce to Boost the Industrial Robots Demand

The labor cost is highly significant in the total industrial operating cost, making generally 62%-65% of the total cost. In majority of the cases, manual jobs typically consist of two categories of staff: direct and indirect where industries cover an area of more than 2, 00,000 square feet. Direct staff is responsible for executing the process while indirect staff is for the back-end support for direct staff. The presence of both direct and indirect staff coupled with department managers presents a crucial cost in operating a warehouse. For instance, according to the U.S. Bureau of Labor Statistics' Employment Cost Index, wages and salaries rose by 4.3% in the 12 months ending December 2023, while benefit costs increased by 3.8% over the same period. Moreover, according to the U.S. Bureau of Labor Statistics,total nonfarm payroll employment increased by 353,000 in January, maintaining the momentum from December's gain of 333,000. Throughout 2023, employment rose by an average of 255,000 jobs per month. As average hourly earnings will rise further amidst the rising global inflation with weekly hours to remain constant or decline in the coming years, the operating costs are bound to advance. Apart from this, the developing nations have seen constant growth in the aging workforce resulting in issues related to safety, quality control, and productivity. Thus, the automation of industries has become a notable means to tackle the rising wages and workforce age. This has resulted in industrial operators relying upon robotics to provide a convenient and efficient way of reducing operational costs while simultaneously maintaining productivity at optimum levels.

Challenges – Industrial Robotics Market Limited Flexibility of Robots for Handling Skus Posing Challenge for Industrial Robotics

The dawn of electronic commerce enabled by the increasing accessibility to mobile devices has resulted in consumers shopping online from a multitude of merchandisers. As the delivery to the consumer in working time of 3-5 days is crucial for retailers, it has resulted in multi-varied stock-keeping units (SKUs) and caseloads. This scenario often becomes challenging in the Food & Beverage sector where companies need to address the consumer demand at a much faster pace. The robots utilized in the process industries are simply robots used in manufacturing operations that only require limited flexibility in handling pallets. Although over time, robots have developed to handle the SKUs with greater precision and accuracy but still require a great deal of evolution in handling mixed SKUs with consistent speed and accuracy without damaging the product. Hence these kinds of challenges hamper the market growth in the forecast period 2024-2030.

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Industrial Robotics Market Landscape

Product launches, acquisitions, Partnerships, and R&D activities are key strategies adopted by players in the industrial robotics market. Industrial Robotics' top 10 companies include Fanuc, KUKA AG, ABB Group, Yaskawa Electric Corporation, EPSON, Kawasaki Heavy Industries, Ltd, Mitsubishi Electric Corporation, Omron Adept Technology, Staubli, Denso Corporation, and Automation among others.

Ø In November 2023, ABB Robotics introduced the IRB 930 SCARA robot, enhancing pick-and-place and assembly tasks in electronics, automotive, and renewable energy sectors. With a 10% increase in throughput and 200% stronger push-down capability, it optimizes productivity and quality, addressing evolving industry needs for heavier workpieces and force-intensive operations.

Ø In November 2023, Yaskawa Electric Corporation has unveiled the MOTOMAN NEXT series, pioneering adaptive robotics in the industrial sector. With five models boasting payloads ranging from 4kg to 35kg, these robots possess autonomous adaptivity, a groundbreaking feature for making environment-based judgments, driving innovation in industrial automation

Ø In April 2023, Doosan Robotics introduced the NSF-certified E-SERIES, a line of collaborative robots tailored for the food and beverage sector. This launch expands their product range with 13 new offerings, marking a significant milestone in the cobot market.

#Industrial Robotics Market #Industrial Robotics Market Share #Industrial Robotics Market Size #Industrial Robotics Market Forecast #Industrial Robotics Market Report #Industrial Robotics Market Growth

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trendingrepots · 5 months ago

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Warehouse Robotics Market - Forecast(2024 - 2030)

Warehouse Robotics Market Overvie

The Global Warehouse Robotics Market size is projected to reach US$6.2 billion by 2030, growing at a CAGR of 12% from 2024 to 2030. The Warehouse Robotics Market encompasses the automation sector dedicated to developing, deploying, and utilizing robotic systems within warehouse and distribution center settings. These robots undertake tasks like picking, sorting, packing, and transportation, aiming to boost operational efficiency, enhance order accuracy, ensure safety, and minimize labor costs. A pivotal trend influencing this market is the integration of cutting-edge technologies like Artificial Intelligence (AI), machine learning, and the Industrial Internet of Things (IIoT). These advancements empower robots to operate autonomously, make real-time decisions, and communicate seamlessly with other warehouse systems, driving higher productivity, accuracy, and adaptability. E-commerce's surge significantly propels the warehouse robotics market forward. With online shopping's exponential growth, retailers and logistics firms face mounting pressure to swiftly and accurately fulfill orders. Warehouse robots offer a scalable solution to manage these demands, enabling companies to optimize order fulfillment processes and navigate peak periods efficiently. Moreover, there's a mounting emphasis on warehouse digitalization and inventory management, spurred by the quest for enhanced visibility and control over inventory levels. Robotics technologies such as automated storage and retrieval systems (AS/RS) and sortation robots play a pivotal role in optimizing warehouse space usage and inventory tracking. The factors such as the proliferation of advanced technologies, the expansion of e-commerce, and the increasing focus on operational efficiency and safety are expected to drive market expansion in the foreseeable future.

Report Coverage

The report: “Warehouse Robotics Industry Outlook – Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Warehouse Robotics industry.

By Product Type: Autonomous Mobile Robot (AMR), Articulated Robots, Cylindrical Robots, SCARA Robots, Collaborative Robots, Parallel Robots, Cartesian Robots and Others.

By Payload Capacity: less than 20Kg, 20-100Kg, 100-300Kg and greater than 300Kg.

By System Type: Knapp Open Shuttle, Locus Robotics System, Fetch Robotics Freight, Scallog System and Swisslog Carrypick.

By Components: Programmable Logic Controller, Microprocessors and Microcontrollers, Actuators, Sensors and RF Module.

By Software: Warehouse management system, Warehouse execution system, Warehouse control system and Others.

By Function: Pick & Place, Assembling & Dissembling, Transportation, Sorting & Packaging and Others.

By End-use Industry: E-commerce, Automotive, Consumer Electronics, Food & Beverages, Healthcare, Metal & Machinery, Textile, Chemical and Others.

By Geography: North America (the US, Canada and Mexico), South America (Brazil, Argentina and Others), Europe (the UK, Germany, France, Italy, Spain and Others), APAC (China, Japan, South Korea, India, Australia and Others) and RoW (the Middle East and Africa).

Key Takeaways

• In the Warehouse Robotics market report, the autonomous mobile robots’ segment is analyzed to grow at a significant CAGR of 14.9% due to its high accuracy, increased efficiency and widespread applications across industry verticals.

• The E-commerce industry is expected to grow at the highest rate with a CAGR of 15.2% owing to factors such as rising demand for distribution center automation, fulfillment automation, growing demand for order accuracy and rising competition among the companies.

• North America held the largest market share of 34% in 2023 in the global Warehouse Robotics Market, owing to factors such as rapid R&D investments towards robotics and increasing adoption of robots for process automation.

#Warehouse Robotics Market price #Warehouse Robotics Market size #Warehouse Robotics Market share

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industrialresearch · 8 months ago

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Warehouse Robotics Market Set For Rapid Growth In The Forecast Period 2020–2030

The global market for warehouse robotics reached a valuation of $4.4 billion, a figure poised to surge to $15.7 billion by 2030, marking a notable Compound Annual Growth Rate (CAGR) of 13.2% from 2020 to 2030.

Warehouse robotics encompass a spectrum of automated systems, including software and bagging machines, designed to expedite packaging operations. Within warehouses, robots fulfill a myriad of functions such as pick-placing, transportation, packaging, and palletizing.

The convergence of warehouse operations with robotics technology not only enhances precision and streamlines automation but also augments storage capacity and operational efficiency. The upward trajectory of the global warehouse robotics market is propelled by escalating demand for automation, fueled by intense competition within the e-commerce sector, proliferation of stock-keeping units, and technological advancements.

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Segmented by robot type, the market features classifications such as SCARA, cylindrical, parallel, mobile, parallel robots, and Cartesian robots. Presently, mobile robots reign supreme in the global market, closely followed by stationary articulated robots. Conversely, SCARA robots are anticipated to witness a decline in market share owing to the burgeoning adoption of autonomous mobile robots. While stationary articulated robots are poised to grow at a rate of 7.5%, mobile robots are projected to expand at a slightly slower pace of 6.5% during the forecast period. Furthermore, the burgeoning e-commerce, food & beverages, pharmaceutical, and automotive industries are expected to catalyze the adoption of these robots in the foreseeable future.

Function-wise segmentation categorizes the market into pick & place, assembling-dissembling, transportation, and packaging, with the pick & place segment commanding the highest revenue, closely trailed by packaging. The pick & place segment is forecasted to exhibit a robust CAGR of 17.3% during the projection period.

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End-user segmentation delineates categories such as e-commerce, automotive, food & beverages, electronics & electrical, metal, pharmaceuticals, and others. Among these, the e-commerce segment holds the lion's share, followed by the automotive industry.

Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA, with North America emerging as the primary adopter of warehouse robotics, closely trailed by Asia-Pacific. Notably, Asia-Pacific is anticipated to register a CAGR of 5.9% during the forecast period. North America is poised to maintain its dominance in the global warehouse robotics market share, attributed to the burgeoning growth witnessed in the e-commerce, food & beverage, metal & machinery, and electronic & electrical industries.

Top Players:

Key players in the warehouse robotics industry include ABB Ltd., Fanuc Corp., Kuka AG, Yaskawa Electric Corp., Amazon Robotics (Amazon.com Inc.), Yamaha Robotics, Fetch Robotics Inc., Locus Robotics, Omron Corporation, Honeywell International Inc., and Siemens AG.

About Us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of ""Market Research Reports"" and ""Business Intelligence Solutions."" AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Contact Us: David Correa Portland, OR, United States USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-735346060 Fax: +1(8Home Energy Management Systems )Home Energy Management Systems 0-5975 [email protected] Web: https://www.alliedmarketresearch.com Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

#Warehouse Robotics

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sophiareddy123 · 1 year ago

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The Report Covers Global Automotive Robotics Market Share & Trends and it is Segmented by End-user Type (Vehicle Manufacturers and Automotive Component Manufacturers), Component Type (Controller, Robotic Arm, End effector, and Drive and Sensors), Product Type (Cartesian Robots, SCARA Robots, Articulated Robot, and Other Product Types), Function Type (Welding Robot, Painting Robot, Assembling and Disassembling Robot, Cutting, and Milling Robot), and Geography (North America, Europe, Asia-Pacific, and Rest of the World).

Download Free Sample Report - Automotive Robotics Market

#automotiveroboticsmarket #researchreports #industryreports #marketintelligence

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ramkumarss · 1 year ago

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Robot Operating System (ROS) Market Size, Share | Forecast to 2029

According to Precision Business Insights, the global Robot Operating System Ros Market is poised to grow at a significant CAGR of 9.4% from 2023-2029

The global Robot Operating System (ROS) Market size was valued at USD X billion in 2022 and is poised to grow at a significant CAGR of 9.4% during the forecast period 2023-29. It also includes market size and projection estimations for each of the five major regions from 2023 to 2029. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and further split by nations and categories within each region. The research also includes factors and barriers to the Robot Operating System (ROS) Market growth, as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/global-robot-operating-system-ros-market

The global Robot Operating System (ROS) Market segmentation:

1)ByRobot Type : SCARA Robots, Articulated Robots, Cartesian Robots, Parallel Robots and Collaborative Robots.

2)By Application : Plastic Injection and Blow Molding, Pick and Place, Testing and Quality Inspection, Metal Stamping and Press Trending, Co-Packing and End of Line Packaging, Computer Numerical Control Machine Tending and Printed Circuit Board Handling and Information Communication and Technology.

3) By End User : Electrical and Electronics, Automotive, Plastics, Rubber, and Chemicals, Food and Beverages, Healthcare, Metal and Machinery.

The primary factors of the Robot Operating System (ROS) Market drivers are the increasing demand for industrial automation among smes and large enterprises. The Robot Operating System (ROS) Market report helps to provide the best results for business enhancement and business growth. It further helps to obtain the reactions of consumers to a novel product or service. It becomes possible for business players to take action for changing perceptions. It uncovers and identifies potential issues of the customers. It becomes easy to obtain the reactions of the customers to a novel product or service. It also enlightens further advancement, so it suits its intended market.

The Robot Operating System (ROS) Market research report gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific was the largest region in the Robot Operating System (ROS) Market report, accounting for the highest share in 2022. It was followed by Asia Pacific, and then the other regions .Request sample report at -https://www.precisionbusinessinsights.com/request-sample/?product_id=37487

The important profiles and strategies adopted by Robot Operating System (ROS) Market key players are ABB, FANUC, KUKA AG, Yaskawa Electric Corporation, Denso, Microsoft, Omron, Universal Robots, Clear path Robotics, iRobot Corporation. covered here to help them in strengthening their place in the market.

About Precision Business Insights: We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

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#robot operating system ros market size #robot operating system ros market share #robot operating system ros market growth #robot operating system ros market trends #robot operating system ros market dynamics

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delvenservices · 1 year ago

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Food Robotics Market Industry Share & Size Analysis

Food Robotics Market, Type (Articulated, Cartesian, SCARA, Parallel, Collaborative, Cylindrical), Payload (Heavy, Medium, Low), Function (Palletizing, Packaging, Repackaging, Picking, Processing), Application (Beverage, Meat, Poultry, and Seafood, Dairy Products, Dairy Products, Fruits & Vegetables) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

The global food robotics market is anticipated to reach USD 2.1 billion in 2021 growing at a CAGR of 12.9% during the forecasting period, 2021-2028.

Transformation in technologies in various domains has created the demand for robotics in various industries. The food industry is now using a cost-efficient automated solution in order to generate higher production as compared to conventional methods.

Increasing population and growing demand for improved productivity in food processing are some of the factors that have supported long-term expansion for the food robotics industry.

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Key Findings

Global food robotics market is segmented into type, payload, function, application, and geography.

Type segment is segmented Articulated, Cartesian, SCARA, Parallel, Collaborative, and Cylindrical

Payload segment is segmented into Heavy, Medium, and Low

Function segment is segmented into Palletizing, Packaging, Repackaging, Picking, and Processing

Application segment is segmented into Beverage, Meat, Poultry, and Seafood, Dairy Products, Dairy Products, Fruits & Vegetables

Geographically, the global food robotics market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

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Regional Analysis

Asia-Pacific region has recorded the highest growth rate in the overall global market during the forecast period 2021-2028.

Competitive Landscape

Key players in the global food robotics market are

ABB Group,

KUKA AG,

Fanuc Corporation,

Kawasaki Heavy Industries Ltd.,

Rockwell Automation Inc.,

Mitsubishi Electric Corporation,

Yasakawa Electric Corporation,

Denso Corporation,

Nachi-Fujikoshi Corporation,

OMRON Corporation,

Universal Robots A/S,

Staubli International AG,

Bastian Solutions LLC,

Schunk GmbH,

Asic Robotics AG,

Mayekawa Mfg. Co. Ltd.,

Apex Automation & Robotics,

Aurotek Corporation,

Ellison Technologies Inc.,

Fuji Robotics,

Moley Robotics

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Recent Developments

The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:

In 2018, ABB launched new robotic systems for the food and beverage industry at PackExpo for improvising processes and reduce production costs

Reasons to Acquire

Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors

Gain authentic and granular data access for food robotics market so as to understand the trends and the factors involved in changing market situations

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

The Food Robotics Market report answers a number of crucial questions, including:

Which companies dominate the Food Robotics Market?

What current trends will influence the market over the next few years?

What are the market's opportunities, obstacles, and driving forces?

What predictions for the future can help with strategic decision-making?

What advantages does market research offer businesses?

Which particular market segments should industry players focus on in order to take advantage of the most recent technical advancements?

What is the anticipated growth rate for the market economy globally?

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Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.

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chandupalle · 1 year ago

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Robot Operating System Industry worth $1,082 million by 2028

The report "Robot Operating System Market by Robot Type (Articulated, SCARA, Cartesian, Collaborative, Autonomous Mobile, Parallel), Application (Pick & Place, Testing & Quality Inspection, Inventory Management), End User and Region - Global Forecast to 2028" The robot operating system market is projected to grow from USD 581 million in 2023 and is projected to reach USD 1,082 million by 2028; it is expected to grow at a CAGR of 13.2% from 2023 to 2028. Increasing demand for robotics-as-a-service models is one of the major opportunities in the market.

The collaborative robots segment holds the second highest CAGR during the forecast period.

Collaborative robots are the most customized robots compared to others, such as parallel or SCARA robots; they can be modified per the intended application or requirement for modularity, safety, ease of performance, and efficiency. Industries such as automotive, electronics, and pharmaceutical actively integrate collaborative robots into their production processes to enhance efficiency, productivity, and flexibility. As the demand for collaborative robots is increasing, a significant demand for robot operating systems is expected during the forecast period.

Automotive industry to hold the largest market share during the forecast period.

The robot operating system is highly incorporated into robots used in the automotive industry. The implementation of robots can help manufacturers reduce time-to-market, cut product costs, lower energy consumption, and more. As automotive manufacturers look to remain competitive, they expect robotics to continue playing a pivotal role in the automotive industry's evolution.

Europe grew with the second highest CAGR during the forecast period.

Emerging European markets such as the UK and Germany are expected to offer significant opportunities in the robot operating system market. The increasing adoption of IoT and connected devices, growing deployment of automation solutions such as Programmable Logic Controllers (PLC) and Manufacturing Execution Systems (MES) by the automotive industry, and rising adoption of Industry 4.0 are some of the key factors driving the adoption of robot operating system in the region.

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In the robot operating system market, the key and emerging market players include ABB Ltd. (Switzerland), FANUC (Japan), KUKA AG (Germany), Yaskawa Electric Corporation (Japan), Denso (Japan), Microsoft (US), Omron Corporation (Japan), Universal Robotics (Denmark), Clearpath Robots (Canada), iRobot Corporation (US), Apart from these, Pal Robotics (Spain), Robotnik (Spain), Rethink Robotics (Germany), Stanley Innovation (US), Husarion (Poland), Neobotix (Germany), Shadow Robot (UK), Yamaha Motor (Japan), Estun Automation (China), Shibaura Machine (Japan), Hirata Corporation (Japan), Techman Robot (Taiwan), Franka Emika (Germany), Bosch Rexroth AG (Germany), and Kawasaki Heavy Industries (Japan)

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The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

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#Robot Operating System

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emaanderson · 1 year ago

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Industrial Robotics Market Scope By Industry Statistics, Trends and Investment Opportunities Analysis till 2030

Research Nester published a report titled “Industrial Robotics Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the global industrial robotics market in terms of market segmentation by type, application, end user, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global industrial robotics market is anticipated to record a significant CAGR throughout the forecast period, i.e., 2021 – 2030. Currently, several organizations are shifting towards industrial robotic solutions from manual labor owing to improved efficiency and reduced labor cost. Although initially, the purchasing amount of robot is high, once purchased, it offers high efficacy along with increased profit and productivity. These are expected to operate as key opportunities for the market in the upcoming years.

Download Sample of This Strategic Report @ https://www.researchnester.com/sample-request-3087

The market is segmented by type, application and end user. Based on type, the market is segmented into SCARA, articulated, parallel, cylindrical, Cartesian and others, out of which, the articulated robot segment is anticipated to hold the largest share owing to the high usage of these robots in applications such as material handling, assembling and others.

Furthermore, on the basis of end user, the automotive segment is projected to gather the largest share on the back of increasing number of electric vehicles and growing use of AI in automobiles.

Based on the geographical analysis, the industrial robotics market is segmented into five major regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The in Asia Pacific is anticipated to hold the leading share on the back of increasing population as well as disposable income in the region. Moreover, low cost of production and increasing international investment is predicted to boost the market growth in the upcoming years.

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Rapid Growth of Industrialization to Drive Market Growth

Hike in industrial development around the world is giving rise to a new era of robotics. As robots do not face any sort of injuries or fatalities in the workplace, a healthy and safe work environment is created. Furthermore, accuracy and precision are the top advantages when working with industrial robotics systems in a working facility. This is anticipated to lead to the growth of the market in the near future.

However, concerns regarding the high cost involved with the deployment as small and medium enterprises are engaged in low volume production and hence, return on investment is expected to be a major challenge for the market during the forecast period.

This report also provides the existing competitive scenario of some of the key players of industrial robotics market which includes company profiling of Fanuc Corporation, ABB, Ltd, Switzerland, Yaskawa Electric Corporation, Kuka AG, Trapo AG, Toolmotion GmbH, Nimak Gmbh, Staubli International AG, Sierra Tango Robotics, Rethink Robotics, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the industrial robotics market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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factmrblog · 2 years ago

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Global Assembly Robot Market Outlook till 2033

The global assembly robot market is expected to reach a value of US$44.446.9 million by 2033, growing at a CAGR of 11.6% from 2023 to 2033. The market is driven by the increasing demand for assembly robots in the automotive, electronics, and medical industries.

The automotive industry is the largest end-user of assembly robots, accounting for a share of over 20% of the market in 2022. The increasing demand for electric vehicles is expected to drive the growth of the assembly robot market in the automotive industry.

The electronics industry is another major end-user of assembly robots, accounting for a share of over 15% of the market in 2022. The increasing demand for smartphones, tablets, and other electronic devices is expected to drive the growth of the assembly robot market in the electronics industry.

Download Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=8266?VM

Plastic Aerosol Packaging: Key players

ABB

DOBOT.nu

FANUC America Corporation

FISNAR

Kawasaki Robotics (USA), Inc.

KUKA AG

Omron Corporation

Phoenix Control Systems Ltd.

Steven Douglas Corp.

TIESSE ROBOT SpA

Competitive Landscape

Fact.MR profiled the following top companies in assembly robot market in its report. Those companies are ABB, DOBOT.nu, FANUC America Corporation, FISNAR, Kawasaki Robotics (USA), Inc., KUKA AG, Omron Corporation, Phoenix Control Systems Ltd., Steven Douglas Corp, TIESSE ROBOT SpA, Universal Robots, Yaskawa America, Inc.

Assembly robots can also perform different tasks such as part identification based on their shape, size, and color. Further, it can also sort the parts as per the programmed task. This process can be made easier and effective by the introduction of highly sensitive and highly advanced sensors.

Key players should focus on integrating their robots with such advanced technologies for better sales opportunities for the product. In addition, making such assembly robots available at cost-effective prices for the end users can provide a margin for revenue generation.

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Segmentation of Assembly Robot Industry Research

· By Robot Type :

o Articulated robots

o Cartesian robots

o SCARA robots

o Other robots

· By Axes :

o 4 Axis or less

o 5 axis

o 6 axis or more

· By Application :

o Packaging

o Palletizing

o Material handling

o Painting

o Welding

o Assembly

o Inspection

o Cutting

o Dispensing

· By End Use Vertical :

o Aerospace and Defense

o Automotive

o Chemicals & Materials

o Electrical & Electronics

o Food and Beverage

o Healthcare

o Mining & Oil & Gas

o Retail & e-Commerce

o Logistics & Warehousing

o Packaging

o Others

· By Region :

o North America

o Latin America

o Europe

o East Asia

o South Asia and Oceania

o Middle East & Africa

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businessindustry · 4 months ago

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Industrial Paint Robots Market Regions and Growth Status 2032

Report Highlights:

How big is the Industrial Paint Robots?

What are Industrial Paint Robots Market?

Industrial paint robots are automated systems engineered to apply paint and coatings with high precision and efficiency in industrial environments. These robots, featuring advanced control systems and spraying mechanisms, are programmed to manage tasks ranging from surface preparation to final coat application. They provide consistent, high-quality finishes, reduce waste, and lower labor costs. Commonly used in industries like automotive, aerospace, and manufacturing, industrial paint robots boost productivity, enhance safety by minimizing human exposure to hazardous materials, and ensure uniform results across extensive production runs.

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What are the growth prospects and trends in the Industrial Paint Robots Market industry?

The industrial paint robots market growth is driven by various factors and trends. The industrial paint robots market is expanding swiftly as manufacturers increasingly turn to automation to achieve high-quality and consistent coatings. Technological advancements in robotics are fueling this growth, providing enhanced precision, efficiency, and safety in paint applications. Sectors like automotive, aerospace, and general manufacturing are adopting these robots to boost productivity, cut labor costs, and reduce material waste. As companies strive to optimize their processes and adhere to rigorous quality standards, the demand for industrial paint robots continues to rise, with leading players investing in innovative solutions to meet the changing needs of the industry. Hence, all these factors contribute to industrial paint robots market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

By Robot Type:

Articulated Robots

Cartesian Robots

Selective Compliance Assembly Robot Arm (SCARA) Robots

Collaborative Robots

By End-Use Industry:

Automotive

Aerospace

Electronics

Furniture and Woodworking

Metal and Machinery

Others

Market Segmentation By Region:

North America:

United States

Canada

Europe:

Germany

United Kingdom

France

Italy

Spain

Russia

Poland

BENELUX

NORDIC

Rest of Europe

Asia Pacific:

China

Japan

India

South Korea

ASEAN

Australia & New Zealand

Rest of Asia Pacific

Latin America:

Brazil

Mexico

Argentina

Rest of Latin America

Middle East & Africa:

Saudi Arabia

South Africa

United Arab Emirates

Israel

Rest of MEA

Who are the key players operating in the industry?

The report covers the major market players including:

ABB Ltd.

Fanuc Corporation

Yaskawa Electric Corporation

KUKA AG

Kawasaki Heavy Industries Ltd.

Durr AG

Comau S.p.A.

Stäubli International AG

Universal Robots A/S

Nachi-Fujikoshi Corporation

Epson Robotics

Omron Corporation

CMA Robotics S.p.A.

FANUC Corporation

KAWASAKI Robotics GmbH

Discover more: https://www.reportsandinsights.com/report/industrial-paint-robots-market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

#Industrial Paint Robots Market Size #Industrial Paint Robots Market Share #Industrial Paint Robots Market Demand #Industrial Paint Robots Market Analysis

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researchnesterreports · 2 years ago

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Global Digital Transformation Market Growth to be by a CAGR of ~17% throughout 2022 – 2030 Owing to the Emergence of Industry 4.0 in the Manufacturing Sector Worldwide

Research Nester published a report titled “Digital Transformation Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of theglobaldigital transformation market in terms of market segmentation by technology, deployment, vertical, and by region.

The global digital transformation market is estimated to occupy a large amount of revenue by recording a CAGR of ~17% during the forecast period, i.e., 2022 – 2030, owing to the advent of industry 4.0 in the manufacturing sector across the globe for improving, automating and modernizing processes. Apart from these, growing integration of digital transformation technologies such as IoT and wireless communication, and increasing usage of mobile devices, smartphones and applications across business processes and departments are also expected to drive market growth in the forthcoming years.

The market is segmented by technology, deployment and vertical. Based on technology, the industrial robotics segment is anticipated to grab the largest market share during the forecast period on the back of rising adoption of technologies such as collaborative robots, SCARA robots, and single-axis. Additionally, by vertical, the BFSI segment is projected to gather the largest share over the forecast period ascribing to the large volumes of data generated in this industry every day.

Geographically, the global digital transformation market is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa. North America is evaluated to grab the largest share in the market during the forecast period attributing to the wide usage of variety of online payment methods in the retail sector, and high penetration of internet-based services in the region. Moreover, Asia Pacific is predicted to register noteworthy market growth in view of the increasing usage of cloud technologies among several industries, and rising number of SMEs in the region. According to the SME Finance Forum, SMEs comprise more than 98 percent of the total enterprises in the Asia and Pacific region. These organizations account for about 17 percent to the national GDP in low-income countries, and about 40 to 50 percent in higher income countries.

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

Advent of Industry 4.0 in the Manufacturing Sector Globally to Boost Market Growth

The expanding usage of advanced technologies such as cloud, big data and analytics, mobility and IoT, has given rise to innovation and transformation in several verticals, especially the manufacturing sector. Enterprises have begun incorporating big data and business intelligence for obtaining real-time information and gain actionable insights, which in turn is predicted to drive the market growth in the near future.

However, security concerns regarding confidential data are expected to operate as key restraint to the growth of the global digital transformation market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global digital transformation market which includes company profiling of Siemens AG, Google LLC, Accenture PLC, IBM Corporation, Microsoft Corporation, Apple, Inc., ADOBE, Inc., Broadcom, Inc., Dell Technologies Inc., Hewlett Packard Enterprise Company, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global digital transformation market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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About Research Nester

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

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#Digital Transformation Market

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sagarg889 · 2 years ago

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Industrial Robotics Market By System Type, End User, Region, Industry Analysis & Forecast 2022-2028

By the end of 2028, the global Industrial Robotics Market is expected to exceed US$ 96.82 billion. Future Market Insights has released a new market research report on the Industrial Robotics Market, which includes global industry analysis 2014-2018 and opportunity assessment 2022-2028. The report investigates the industrial robotics market and offers critical insights for the 2022-2028 forecast period.

According to the report's findings, the global industrial robotics market is expected to grow significantly over the forecast period due to multiple driving factors such as the adoption of Internet of Things (IoT) in industries and the growing digitalization of the manufacturing industry across geographies.

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The global industrial robotics market was valued at ~US$ 17 Bn in 2018 and is estimated to increase at a CAGR of ~18% between the forecast periods of 2019 and 2029. This growth is driven by the increasing applications of industrial robotics in the automotive industry, electrical/electronics industry, and auxiliary industry, among others.

Furthermore, macroeconomic factors such as growing population, rapid industrialization, and urbanization, are some of the factors driving the growth of the industrial robotics market. The automotive industry in East Asia has gained a considerably positive momentum over the past years, which has increased the adoption SCARA robots and articulated robots in the manufacturing process and is estimated to indicate the rewarding growth of industrial robotics market in the East Asia region.

Automotive Industry to Remain Key End-use Industry of Industrial Robotics

The global market of industrial robotics has been segmented on the basis of different types of industrial robots, their multiple applications, end use industries, and regions such as North America, South Asia, Europe, East Asia, and the Rest of the World.

By product type, the articulated robots segment is estimated to hold a significant share of the global industrial robotics market in terms of value. This has mainly resulted from the rising productivity in manufacturing processes and improving quality of products.

On the basis of end use, the automotive industry is estimated to hold substantial market share of the industrial robotics market in terms of value. This is driven by digitalization of manufacturing processes. Moreover, it is expected that the application of industrial robotics in the electrical/electronics industry will be prominent throughout the forecast period.

On the basis of application, the handling operations segment is projected to consume majority share of the global industrial robotics market value. Also, the welding segment is estimated to project lucrative growth in the industrial robotics market over the forecast period.

Get More Information on this Report @ https://www.futuremarketinsights.com/reports/industrial-robotics-market

Industrial Robotics Market: Vendor Insights

The report indicates some of the prominent market players, who are recognized as leaders in the global industrial robotics market. These key market players in the global industrial robotics market are Yaskawa Electric Corporation, FANUC Corporation, Kawasaki Heavy Industries Ltd, Kuka AG, Mitsubishi Electric, Teradyne Inc. (Universal Robots), ABB Ltd., Yamaha Motor Co., Ltd., Hirata, Corporation, and Denso Wave Incorporated, among others.

#Industrial Robotics Market

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trendingrepots · 6 months ago

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Warehouse Robotics Market - Forecast(2024 - 2030)