Surge In Healthcare Automation, Digital Health and Robotic Surgery and Investments in Research and Developments are some of the Major Factor Fueling the Demand for Robotic Arms in the Asia Pacific Market: Ken Research

 Impact of COVID on Asia Pacific Robotic Arms Market: During the outbreak of the COVID-19 pandemic, manufacturing and construction activities came to a standstill. The supply chain, as well as transportation activities, were disrupted globally. Due to the restrictions on construction activities and reduction in production, automobile manufacturers had reduced their investments in automation as consumer demand was on the decline. It impacted the robotic arms market. However, robotic arms played a very important role in various activities during this pandemic like sanitizing public places, handling health sample test kits, material handling in factories and warehouses, conducting surveillance, and performing many other life-saving tasks. While the demand was affected in the initial phase of pandemic due to worldwide lockdowns and disruptions in supply chain, it rebounded in 2021 due to an increased focus on industrial automation. Overall, the demand for robotic arms increased after the pandemic due to rising focus on automation in major industries such as electrical & electronics, automotive, and metal & machinery.

Increasing Industrial Automation Due to Shortage of Labor:  Job opportunities have increased in the post-pandemic Asia Pacific market and companies are trying to source employees but are struggling to find them in the manufacturing sector. Thus, creating growth opportunities in the automation sector leading to the surge in the demand for robotic arms.

Surge in Healthcare Automation, Digital Health and Robotic Surgery: 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.

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 diverse applications – enabled by advanced technologies such as AI enabled robotic arms –being leveraged to offer more intelligent and efficient solutions.

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

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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

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Emerging Robotic Arms Companies in Asia Pacific

Wlkata

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:-

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

 

Frequently Asked Questions:-

What is the Study Period of this Market Report?

The Asia Pacific Robotic Arms Market is covered from 2017 – 2027 in this report, which includes a forecast for the period 2022-2027.

What is the Future Growth Rate of Asia Pacific Robotic Arms Market?

The Asia Pacific Robotic Arms Market is expected to witness a CAGR of above 15% over the next 5 years.

What are the Key Factors Driving the Asia Pacific Robotic Arms Market?

Increasing requirements for industrial automation and introduction of the advanced technologies are expected to be the primary drivers of this market.

Which is the Fastest Growing Product Segment within the Asia Pacific Robotic Arms Market?

Parallel/Delta is the fastest growing product segment within the Asia Pacific Robotic Arms Market.

Who are the Key Players 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, and Universal Robots are the major companies operating in Asia Pacific Robotic Arms Market.