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Articulated Robotic Systems Market, Global Outlook and Forecast 2024-2030

Articulated Robotic Systems Market, Global Outlook and Forecast 2024-2030

  • Published on : 21 November 2024
  • Pages :142
  • Report Code:SMR-8019397

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Report overview

The global Articulated Robotic Systems market size was valued at US$ 23.45 billion in 2024 and is projected to reach US$ 45.67 billion by 2030, at a CAGR of 11.8% during the forecast period 2024-2030.
The United States Articulated Robotic Systems market size was valued at US$ 6.78 billion in 2024 and is projected to reach US$ 12.89 billion by 2030, at a CAGR of 11.3% during the forecast period 2024-2030.
Articulated Robotic Systems are sophisticated industrial robots with multiple rotary joints, providing enhanced flexibility and precise movement for manufacturing and automation applications.
The global market is experiencing strong growth, driven by manufacturing automation and Industry 4.0 initiatives. In 2023, unit installations reached 550,000 globally, with automotive sector accounting for 40% of demand. The market saw a 35% increase in collaborative robot adoption in 2023. Six-axis robots dominate with a 65% market share, while seven-axis robots are growing at 15% annually. Asia Pacific leads with a 50% market share and is the fastest-growing region at 12.5% CAGR. The industry is focusing on developing AI-enhanced control systems, with a 40% growth in R&D investments for advanced programming capabilities.
Report Overview 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. With rotary joints, a robot can engage in very precise movements. Articulated robots commonly show up on manufacturing lines, where they utilize their flexibility to bend in a variety of directions. Multiple arms can be used for greater control or to conduct multiple tasks at once, for example, and rotary joints allow robots to do things like turning back and forth between different work areas. This report provides a deep insight into the global Articulated Robotic Systems market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc. The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Articulated Robotic Systems Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market. In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Articulated Robotic Systems market in any manner. Global Articulated Robotic Systems Market: Market Segmentation Analysis The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments. Key Company FANUC KUKA ABB Yaskawa kawasaki DENSO Nachi-Fujikoshi Epson Staubli OTC COMAU Omron Adept Technologies SIASUN HIWIN (TW) Yamaha GSK Triowin Nanjing Estun Automation Market Segmentation (by Type) 4-Axis or Less 5-Axis 6-Axis or More Market Segmentation (by Application) Automotive Electrical and Electronics Machinery Rubber, Plastics & Chemicals Food & Beverage Others Geographic Segmentation