Heavy Payload Robotic Arm Market [NEWS TODAYS] Is Active Addressing, Says Research | ABB Ltd., Kuka Robotics, Fanuc Corporation – SMU Daily Mustang

2022-05-14 20:52:14 By : Ms. SW S

 The heavy payload robotic arm market is expected to reach $13,620.96 million by 2025 from $9,740.57 million in 2017, growing at a CAGR of 4.39% during the forecast period (2018-2025).

The robotic arm constitutes a programmable mechanical arm which aids in performing tasks that require precision, repetition, are challenging, as well as labor-intensive, and deemed potentially hazardous for humans. Further, the use of robotic arm facilitates improvement of the operational efficiency of the manufacturing plant through seamless continuous operation with consistent quality and ensures the workplace safety for labor.

The file offers market sizing and forecast throughout 5 primary currencies – USD, EUR GBP, JPY, and AUD. It helps corporation leaders make higher choices when foreign money change records are available with ease. In this report, the years 2020 and 2021 are regarded as historic years, 2020 as the base year, 2021 as the estimated year, and years from 2021 to 2030 are viewed as the forecast period.

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Among these, the heavy payload robotic arms are specially designed and suitable for heavy duty applications as well as heavier payloads of numerous payload capacities. For instance, the heavy payload robotic arm finds application in picking & placing, machine loading, palletizing & de-palletizing, material handling, and milling applications among others.

Moreover, the growth in popularity of cobot (collaborative robot) towards the simultaneous working of robot through robotic arm and individuals in heavy duty industrial applications has also added to the popularity of heavy payload robotic arm across different industry verticals and machineries. Thus, the heavy payload robotic arm plays a crucial role in certain industrial applications in numerous manufacturing and production processes.

The rise in adoption of efficient automated solutions across industrial assembly line is one of the major factor driving the growth of the heavy payload robotic arm market during the forecast period. In addition, the improvements in the manufacturing and production capabilities of fast-growing economies of the Asian region, such as China and India are expected to provide profitable business opportunities for the market players.

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Factors such as increase in demand from end-user industries, emphasis on improving the operational efficiency, and reduction of cost is projected to fuel the robotic arms demand for heavy duty applications in the emerging markets. Moreover, high cost of labor and maintenance of the existing robotic arm in the developed economies is anticipated to propel the growth of heavy payload robotic arm market in the coming years.

However, the high cost initial investment towards robotic arm and subsequent maintenance are expected to hinder the growth of heavy payload robotic arm market. In addition, the lack of skilled operators, and technicians especially in the emerging economies is also projected to have a negative influence on the market growth. Continuous investment as well as support for numerous R&D activities can provide potentially profitable business opportunities for the market players.

The global heavy payload robotic arm market is segmented based on payload capacity, end-user industry, and region. The manufacturers offer several types of robotic arms for different payload ranges that depend on the application and end-user industry. Thus, based on payload capacity the market is broadly classified into 500 Kg, 501-700 Kg, 701-1,000 Kg, 1,001-3,000 Kg, and 3,001 Kg & above payload capacities of the robotic arm.

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The manufacturing and production plant generally deal with heavy payloads during various industrial processes such as machine loading, milling, picking & placing, transportation, and machine tending to name a few processes. Also, these processes generally require repetition, and are labor intensive, which has fueled the adoption of heavy payload robotic arm across different market verticals. As a result, by end-user industry, the market is segmented into automotive, machinery, mining, and others. To gain a diverse insight, the market is analyzed across major regions, namely, North America, Europe, Asia-Pacific, and LAMEA.

Currently, the global heavy payload robotic arm market is dominated by the key players namely: ABB Ltd., Kuka Robotics, Fanuc Corporation, Kawasaki Heavy Industries Ltd., Yaskawa America, Inc., Nachi Fujikoshi Corporation, Seiko Epson Corporation, Universal Robots A/S, Vulcan Engineering Co., and Comau S.P.A. among others.

The study provides an in-depth analysis of the global heavy payload robotic arm market and current & future trends to elucidate the imminent investment pockets. Information about key drivers, restraints, and opportunities, and their impact analysis on the market is provided. Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry. The quantitative analysis of the global market from 2017 to 2025 is provided to determine the market potential.

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Market Segment Analysis: The document provides a primary review of the industry along with definitions, classifications, and enterprise chain shape. Market analysis is furnished for the worldwide markets which include improvement tendencies, aggressive panorama evaluation, and key regions development reputation. Development policies and plans are discussed in addition to manufacturing strategies and fee systems are also analysed. This file additionally states import/export consumption, supply and demand, charge, sales and gross margins.

500-700 Kg 701-1,000 Kg 1,001-3,000 Kg 3,001 Kg & Above

ABB Ltd., Kuka Robotics, Fanuc Corporation Kawasaki Heavy Industries Ltd Yaskawa America Inc Vulcan Engineering Co. Ellison Technologies Apex Automation and Robotics Pty Ltd Nachi-Fujikoshi Corp Comau SpA

Major Points Covered in TOC:

Market Overview: It consists of six sections, research scope, extensive makers blanketed, marketplace fragments via type, Market place portions by utility, study desires, and years considered.

Market Landscape: Here, the opposition within the Worldwide Market is dissected, by fee, profits, offers, and piece of the pie by means of agency, marketplace fee, cutthroat situations Landscape, and maximum recent patterns, consolidation, improvement, obtaining, and portions of the general industry of pinnacle agencies.

Market Status and Outlook via Region: In this phase, the report examines approximately internet part, deals, earnings, advent, portion of the general industry, CAGR, and marketplace size by means of locale. Here, The Global Market is profoundly tested primarily based on regions and nations like North America, Europe, China, India, Japan, and the MEA.

Application or End User: This segment of the exploration looks at suggests how remarkable cease-consumer/software sections add to the worldwide market.

Market Forecast: Production Side: In this piece of the record, the creators have zeroed in on creation and advent esteem conjecture, key makers gauge, and creation and creation esteem estimate with the aid of type.

Research Findings and Conclusion: This is one of the last segments of the document where the discoveries of the investigators and the end of the exploration study are given.

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Characterize, depict and conjecture 2030, by type, application, end client and district.

Give venture outside climate examination and PESTEL investigation.

Give systems to organization to manage the effect of COVID-19.

Give market dynamic investigation, including market driving variables, market advancement requirements.

Give market passage technique examination to new players or players who are prepared to enter the market, including market section definition, client investigation, circulation model, item informing and situating, and cost system investigation.

Stay aware of global market drifts and give examination of the effect of the COVID-19 plague on significant districts of the world.

Examine the market chances of partners and give market pioneers subtleties of the serious scene.

The report conveys an exhaustive investigation of the relative multitude of portions and offers data with respect to the main districts on the lookout. This report additionally states import/send out utilization, organic market Figures, cost, industry share, strategy, value, income, and gross edges.

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