Lewes, DE -- (SBWire) -- 12/16/2015 --Report forecast the global articulated robots market to grow at a CAGR of 16.27% over the period 2014-2019.
An articulated robot is a robotic arm that uses rotary joints to perform precise movements. The articulated robot includes three rotary joints, which help the robotic arm to move in multiple planes. Articulated robots are widely used in manufacturing industries for various applications such as welding, sealing, assembling, material handling, picking, cutting, painting and spraying, and machine tending. These robots are mostly used in the automotive industry in general assembly, welding, and material handling applications.
The report covers the current scenario and the growth prospects of the global articulated robots market for the period of 2015-2019. To calculate the market size, the report considers revenue generated from the sales of articulated robots to various end-user segment such as automotive, electrical and electronics, heavy machinery, metals, food and beverages, chemical, and other industries.
Global Articulated Robots Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA, it also covers the landscape of the global articulated robots market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
According to the report, the global articulated robots market is driven by several factors such as the need for precise operation in assembly lines and low maintenance costs. End-user industries are adopting robots to improve the quality of their products and to reduce the costs in manufacturing industries. The rise in the adoption of articulated robots in non-automotive industries such as the electrical and electronics, heavy machinery, and food and beverages industries is also increasing market growth.
Key regions
- Americas
- APAC
- EMEA
Key players in the Global Articulated Robots Market: ABB, Fanuc, KUKA and Yaskawa Electric
Other Prominent Vendors in the market are: Kawasaki Robotics, Adept Technology, American Robot, Denso Wave, and ST Robotics.
Market driver
- Need for precise operation in assembly lines
- For a full, detailed list, view our report
Market challenge
- Increased competition from SCARA robots
- For a full, detailed list, view our report
Market trend
- Increased demand for articulated robots in automotive industry
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 123 pages, "Global Articulated Robots Market 2015 - 2019" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by end-user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
Find more information Visit at: http://www.marketresearchreports.com/technavio/global-articulated-robots-market-2015-2019
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