Global Market Research Reports : Ken Research: Asia Pacific Robotic Arms Industry

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Wednesday, August 17, 2022

Increasing Requirement of Warehouse Automation and Advanced Technologies will be the Future Catalyst for Robotic Arms Market in Asia Pacific: Ken Research

In January 2022, KUKA and Ford Otosan in Turkey signed a new framework contract for supplying more than 700 robots for Ford’s EV and connected commercial vehicle projects in plant Kocaeli.

In January 2022, Yaskawa Electric Corporation announced a decision public to acquire additional shares of Doolim-Yaskawa Co., Ltd., a Korean robotic painting and sealing system integrator through Yaskawa Electric Korea Corporation, a consolidated subsidiary of Yaskawa Electric.

In February 2021, ABB announced a new generation of collaborative robots for the faster accomplishment of tasks, side-by-side with people.

Analysts at Ken Research in their latest publication “Asia Pacific Robotic Arms Market Outlook and Forecast to 2027 – Driven by Rapid Industrial Automation, Advanced Technologies, and Increasing R&D Investment: Ken Research” believe that the Robotic arms market is expected to grow owing to the increasing need for supply chain and factory automation for all key applications among all major end user industries.

Increasing investments in research and development: Increased spending on R&D efficiencies in the technology involved in robotic arms will create attractive growth opportunities for the market. Further continuous product development and development of platforms for technology applications in R&D laboratories, striking a balance between short-term and long-term R&D programs is opening up new opportunities for robotic arms to increase their demand.

Increasing Requirement of Warehouse Automation: The demand for individuals emphasizing on fast and reliable delivery has become more so automating the warehouse management and investing in automated warehouses is booming the robotics market. Robots that support this type of logistics are on the rise as more and more people shop online.

Introduction of the advanced technologies: The advancement in technology has accelerated the growth of the robotic arms market. The technologies such as artificial intelligence and machine learning are highly demanded these days. The involvement of AI and ML in robotic arms has opened various opportunities which boosted the demand for robotic arms.

Key Segments Covered in Asia Pacific Robotic Arms Market: -

Asia Pacific Robotic Arms Market by Product Type

Articulated

Cartesian

SCARA

Cylindrical

Parallel/Delta

Others

Asia Pacific Robotic Arms Market by Payload Capacity

Less than 500 KG

501-3,000 KG

3,001 KG and above

Asia Pacific Robotic Arms Market by Application

Materials Handling

Cutting & Processing

Soldering & Welding

Assembling & Disassembling

Others

Asia Pacific Robotic Arms Market by End User Industry

Automotive

Electrical & Electronics

Metal & Machinery

Plastics & Chemicals

Food & Beverages

Others

Asia Pacific Robotic Arms Market by Geography and Major Countries

China

Japan

South Korea

India

Taiwan

To learn more about this study - Request for Free Sample Report

Key Target Audience

Robotic Arms Manufacturers

Robotic Arms Product Assemblers

Robotic Arms Component suppliers

Raw Material Suppliers for Robotic Arms

Potential Investors in Robotic Arms Companies

Value Added Resellers

Collaborative Robot Manufacturers

Industrial OEMs of Robotic Arms

Industrial Automation Solutions Providers

Robotics Companies

Robotics Industry Associations

Robotics Research Groups

Ministries of Electronics and Engineering

Time Period Captured in the Report:

Historical Period: 2017-2021

Forecast Period: 2022-2027F

Major Robotic Arms Companies in Asia Pacific Mentioned in the Report:

ABB

Yaskawa Electric Corporation

FANUC Corporation

KUKA AG

Kawasaki Heavy Industries, Ltd.

Mitsubishi Electric Corporation

Nachi-Fujikoshi Corp

Denso Corporation

Hyundai Robotics

OMRON

Yamaha Motor

Universal Robots

To learn more about this study - Request for Free Sample Report

Notable Emerging Robotic Arms Companies in Asia Pacific Mentioned in the Report:

EVS Tech Co., Ltd.

AUBO Robotics

Connected Robotics

Ascent Robotics

Preferred Networks

Neuromeka

Doosan Robotics

Accio Robotics

Janyu Tech Pvt. Ltd

Asimov Robotics

Techman Robot

Geek+

Key Topics Covered in the Report: -

Snapshot of Asia Pacific Robotic Arms Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of Asia Pacific Robotic Arms Market

Historic Growth of Overall Asia Pacific Robotic Arms Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of Asia Pacific Robotic Arms Industry

Overview, Product Offerings, and SWOT Analysis of All the Key Competitors

Covid 19 Impact on the Overall Asia Pacific Robotic Arms Market

Future Market Forecast and Growth Rates of the Total Asia Pacific Robotic Arms Market and by Segments

Market Size of End User Industries with Historical CAGR and Future Forecasts

Analysis of Asia Pacific Robotic Arms Market in Major Asia Pacific Countries

Major Production / Consumption Hubs in the Major Countries

Major Production/Supply and Consumption/Demand Hubs in Each Major Country

Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging Asia Pacific Robotic Arms Companies within Each Major Country

For More Information on the research report, refer to below link: -

Asia Pacific Robotic Arms Market

Related Reports by Ken Research: -

APAC Healthcare AI Market Outlook to 2025 – By Applications (Machine/Robot Assisted Medical Procedures, Clinical Trial & Drug Discovery/Development, Preliminary Diagnosis, Administrative Workflow Assistance, Virtual Nursing Assistant, Fraud Detection, Dosage Error Reduction), by Countries, by End Users & by Technologies and Current Investment Scenario

Global Robotic Surgery Market by Region (North America, Europe, Asia Pacific and ROW), by Product Type (Surgical Robot System, Instruments and Accessories and Services) - Outlook to 2022

Contact Us: -

Ken Research

Ankur Gupta, Head Marketing & Communications

Support@kenresearch.com

+91-9015378249

Monday, August 8, 2022

Asia Pacific Robotic Arms Market Major Players, Growth Rate, Analysis, Future Outlook: Ken Research

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What Is the Size of Asia Pacific Robotic Arms Industry?

Asia Pacific Robotic Arms market is growing at a CAGR of ~% in 2017-2021P and is expected to reach ~USD Bn by 2027F. The growth of the Robotic Arms market in Asia Pacific is driven owing to the increasing requirement for industrial automation.

Furthermore, the rising prevalence of robotic arms over the next few years is expected to propel the growth of the market due to increasing investments in research and development. Further continuous product development, and development of platforms for technology applications in R&D laboratories, striking a balance between short-term and long-term R&D programs is opening up new opportunities for robotic arms to increase their demand.

The pandemic has put national health systems around the world under great stress and governments have admitted that there is under-investment in healthcare infrastructure. As governments review health care provision, there will be a greater focus on technology and efficiency in the aftermath of COVID-19 and the two areas poised to benefit are digital health and robotic surgery.

Asia Pacific Robotic Arms Market

The Materials Handling application segment is estimated to be the largest segment mainly due to the increased need for easy and efficient automation in production lines while maintaining customer satisfaction.

Asia Pacific Robotic Arms Market by Product Type

The SCARA segment in Asia Pacific Robotic Arms market is growing at a CAGR of ~% in 2017-2021 and is expected to reach ~USD Bn by 2027F. This growth is mainly due to the increased need for mechanical automation requirements across industries and the flexibility and repeatability accuracy of these robotic arms.

The Parallel/Delta segment is expected to witness the fastest growth among all segments during the forecast period, owing to their capability of rapid placing and pick-up abilities that is sought after by the industries.

Asia Pacific Robotic Arms Market by Payload Capacity

The Less than 500 KG market is growing at a fastest CAGR of ~% in 2017-2021 and is expected to reach ~USD Bn by 2027F. This gain is majorly due to the increased efforts by the industries to automate the production lines and to reduce the dependency on the manpower for highly repetitive and tedious tasks.

The other two segment of 500-3,000 and 3000 & more payload capacity of the Robotic Arms market are going to grow at a rapid rate mainly due to the increased usage of this type of robotic arms in manufacturing activities.

Asia Pacific Robotic Arms Market by Application

The Cutting & Processing segment in the Asia Pacific Robotic Arms market is growing at the highest CAGR of ~% in 2017-2021 and is expected to reach ~USD Bn by 2027F. This growth is mainly due to the increased need for easy and efficient automation in production lines while maintaining customer satisfaction.

The Materials Handling segment is expected to retain its position as the largest segment until 2027. This is mainly due to the increased need of easy and efficient automation in production lines while maintaining customer satisfaction.

Asia Pacific Robotic Arms Market by End User

The food & beverage segment is expected to have the fastest growth rate during the forecast period. This is mainly due to the increased adoption of robotic arms to be able to adhere to the stringent quality standard requirements for the industry and reduce the manpower cost.

The Electrical/Electronics industry segment is expected to be a major gainer in the Asia Pacific Robotic Arms Market due to the presence of multiple major electrical and electronics manufacturers operating out of the region and increased adoption of robotic arms by these in almost all stages of the electronic cycle.

Competition Scenario in Asia Pacific Robotic Arms Market

The Asia Pacific Robotics arm market is highly competitive with many globally diversified players and a large number of Players having their niche solutions in specific markets. Companies are competing on various parameters such as Partnerships, New Products, and offering comprehensive robotic arms to all major End User industries.

What Is the Expected Future Outlook for The Overall Robotic Arms Market in Asia Pacific?

The revenues generated by robotic arms market players in Asia Pacific are projected to augment to ~ by 2027 from ~ during 2022, registering a robust CAGR of ~ during the same period.

The use of robotic arms will continue to grow due to the increasing requirement of automation in almost all industries and for being used for most applications from material handling to assembling. The demand and development of technologies such as artificial intelligence and machine learning which support the increase in the number of applications for robotic arms are major trends responsible for market growth.

Furthermore, continued investments in research and development by the manufacturers to bring out many advanced robotic arms with sophisticated technology is expected to provide a strong thrust to the growth of the robotic arms market.

Automated solutions ensure a continuous supply of products to assembly lines or storage areas. ML enables the implementation of autonomous mobile robots in logistics facilities, which are tasked with distributing stock to different points of the warehouse without following a predetermined route.Installing automated solutions based on technologies such as AI or RPA reduces the chances of mistakes in process management and materials management.

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Robots equipped with AI are already being used in factories to transport materials, clean equipment, and manage inventory. AI robots use actuators, sensors, vision systems, and advanced software, they collect and analyze data from their surroundings as they operate, and respond with corrections in real-time. The algorithms used for AI/Machine Learning become more efficient as the robot completes its tasks and collects more information.

Human-robot collaboration is another important trend in robotics. Modern robotic systems are capable of adapting to a rapidly changing environment with the ability to work closely with humans. The range of collaborative applications offered by robot manufacturers continues to expand. Currently, shared workspace applications are most common where bots and employees work alongside each other, completing tasks sequentially.

Key Segments Covered in Asia Pacific Robotic Arms Market

Asia Pacific Robotic Arms Market by Product Type

Articulated

Cartesian

SCARA

Cylindrical

Parallel/Delta

Others

Asia Pacific Robotic Arms Market by Payload Capacity

Less than 500 KG

501-3,000 KG

3,001 KG and above

Asia Pacific Robotic Arms Market by Application

Materials Handling

Cutting & Processing

Soldering & Welding

Assembling & Disassembling

Others

Asia Pacific Robotic Arms Market by End User Industry

Automotive

Electrical & Electronics

Metal & Machinery

Plastics & Chemicals

Food & Beverages

Others

Asia Pacific Robotic Arms Market by Geography and Major Countries

China

Japan

South Korea

India

Taiwan

Key Target Audience: -

Robotic Arms Manufacturers

Robotic Arms Product Assemblers

Robotic Arms Component suppliers

Raw Material Suppliers for Robotic Arms

Potential Investors in Robotic Arms Companies

Value Added Resellers

Collaborative Robot Manufacturers

Industrial OEMs of Robotic Arms

Industrial Automation Solutions Providers

Robotics Companies

Robotics Industry Associations

Robotics Research Groups

Ministries of Electronics and Engineering

Time Period Captured in the Report: -

Historical Period: 2017-2021

Forecast Period: 2022-2027F

Companies Mentioned: –

Key Competitors in Asia Pacific Robotic Arms Market

ABB

Yaskawa Electric Corporation

FANUC Corporation

KUKA AG

Kawasaki Heavy Industries Ltd.

Mitsubishi Electric Corporation

Nachi – Fujikoshi Corp

Denso Corporation

Hyundai Robotics

OMRON

Yamaha Motor

Universal Robots

To learn more about this study – Request for Free Sample Report

Emerging Robotic Arms Companies in Asia Pacific

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