Market Overview:
The global articulated arm market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for articulated arms in various applications such as automotive, aerospace, industrial, power generation, medical and electronics. Additionally, the growing demand for automation across industries is also propelling the growth of this market. However, factors such as high installation and maintenance costs may restrain the growth of this market to some extent during the forecast period.
Product Definition:
An articulated arm is a mechanical device that has several joints allowing it to be flexible and move in multiple directions. It is commonly used in industrial and manufacturing settings to move or position objects.
Transversely Articulated:
Transversely articulated arm is a mechanism that allows the elbow and shoulder joints to move in multiple directions. The growth factor for this market is due to its increasing application in medical devices, automation industry, and home appliances sector. In addition, it has gained popularity owing to the advantages such as increased strength and flexibility offered by these systems.
Longitudinal Articulated:
Longitudinal articulated and it's usage in articulated arm market is expected to witness significant growth over the forecast period. The main factor that propels the growth of this market includes increasing demand for advanced technology and innovation-driven products. In addition, rising number of hospitals along with growing medical tourism also contributes towards the development of this market.
The long-term benefits associated with these systems are expected to drive their adoption rate over the forecast period.
Application Insights:
The automotive application segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The rising need for passenger comfort and safety coupled with technological advancements such as GPS navigation systems, global positioning system (GPS), Global Positioning System (GPS) mobile phones, tablet computers and in-vehicle infotainment systems are expected to drive the demand for the armrests.
Aerospace is another key application segment where these devices are used extensively owing to their lightweight properties along with enhanced ergonomics which provide better support during long journeys or flights. These arms can be deployed on both single-aisle aircraft as well as wide-body jets depending upon their requirements by an airline operator or manufacturer respectively.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major companies such as Deere & Company, Cummins Inc., and Navistar International. The region is expected to maintain its dominance over the forecast period due to increasing defense budget by U.S. government and growing automotive industry in Mexico, which will drive demand for diesel engines over gasoline engines.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to rapid industrialization coupled with rising disposable income especially in China and India, thus leading towards an increased adoption of power generation equipment including turbines along with other machinery used for processing energy sources such as wind or solar energy which will propel product demand during future years. Moreover, countries like Japan are anticipated have a positive outlook on their economy that can be attributed towards high consumer confidence resulting into increased sales volume for passenger cars & light commercial vehicles (LCVs) along with medium & heavy commercial trucks (MDHs&HDs).
Growth Factors:
- Increasing demand for articulated arm robots in automotive and aerospace industries for welding, assembly, and machining applications
- Growing demand from the medical sector for surgical procedures and minimally invasive surgeries
- Rising adoption of articulated arm robots in research and development laboratories for product testing and development purposes
- Increasing use of articulated arm robots in food processing industry to automate tasks such as packing, palletizing, inspection etc.
- Growing popularity of collaborative robots that can be operated by a single user
Scope Of The Report
Report Attributes
Report Details
Report Title
Articulated Arm Market Research Report
By Type
Transversely Articulated, Longitudinal Articulated
By Application
Automotive, Aerospace, Industrial, Power Generation, Medical, Electronics
By Companies
Acebil, Ingersoll Rand, Pearstone, Zacuto, 9.SOLUTIONS, Cavision, OXID Corporation, Optotek Medical, Dectron, AIMCO Manufacturing, VariZoom, Dinkum Systems, Hexagon Metrology, Carl Zeiss
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Articulated Arm Market Report Segments:
The global Articulated Arm market is segmented on the basis of:
Types
Transversely Articulated, Longitudinal Articulated
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Aerospace, Industrial, Power Generation, Medical, Electronics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Acebil
- Ingersoll Rand
- Pearstone
- Zacuto
- 9.SOLUTIONS
- Cavision
- OXID Corporation
- Optotek Medical
- Dectron
- AIMCO Manufacturing
- VariZoom
- Dinkum Systems
- Hexagon Metrology
- Carl Zeiss
Highlights of The Articulated Arm Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Transversely Articulated
- Longitudinal Articulated
- By Application:
- Automotive
- Aerospace
- Industrial
- Power Generation
- Medical
- Electronics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Articulated Arm Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Articulated arm is a type of prosthetic arm that has the ability to move its joints independently. This allows for more natural movement and increased functionality.
Some of the major players in the articulated arm market are Acebil, Ingersoll Rand, Pearstone, Zacuto, 9.SOLUTIONS, Cavision, OXID Corporation, Optotek Medical, Dectron, AIMCO Manufacturing, VariZoom, Dinkum Systems, Hexagon Metrology, Carl Zeiss.
The articulated arm market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Articulated Arm Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Articulated Arm Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Articulated Arm Market - Supply Chain
4.5. Global Articulated Arm Market Forecast
4.5.1. Articulated Arm Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Articulated Arm Market Size (000 Units) and Y-o-Y Growth
4.5.3. Articulated Arm Market Absolute $ Opportunity
5. Global Articulated Arm Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Articulated Arm Market Size and Volume Forecast by Type
5.3.1. Transversely Articulated
5.3.2. Longitudinal Articulated
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Articulated Arm Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Articulated Arm Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Aerospace
6.3.3. Industrial
6.3.4. Power Generation
6.3.5. Medical
6.3.6. Electronics
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Articulated Arm Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Articulated Arm Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Articulated Arm Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Articulated Arm Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Articulated Arm Demand Share Forecast, 2019-2026
9. North America Articulated Arm Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Articulated Arm Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Articulated Arm Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Aerospace
9.4.3. Industrial
9.4.4. Power Generation
9.4.5. Medical
9.4.6. Electronics
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Articulated Arm Market Size and Volume Forecast by Type
9.7.1. Transversely Articulated
9.7.2. Longitudinal Articulated
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Articulated Arm Demand Share Forecast, 2019-2026
10. Latin America Articulated Arm Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Articulated Arm Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Articulated Arm Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Aerospace
10.4.3. Industrial
10.4.4. Power Generation
10.4.5. Medical
10.4.6. Electronics
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Articulated Arm Market Size and Volume Forecast by Type
10.7.1. Transversely Articulated
10.7.2. Longitudinal Articulated
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Articulated Arm Demand Share Forecast, 2019-2026
11. Europe Articulated Arm Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Articulated Arm Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Articulated Arm Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Aerospace
11.4.3. Industrial
11.4.4. Power Generation
11.4.5. Medical
11.4.6. Electronics
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Articulated Arm Market Size and Volume Forecast by Type
11.7.1. Transversely Articulated
11.7.2. Longitudinal Articulated
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Articulated Arm Demand Share, 2019-2026
12. Asia Pacific Articulated Arm Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Articulated Arm Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Articulated Arm Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Aerospace
12.4.3. Industrial
12.4.4. Power Generation
12.4.5. Medical
12.4.6. Electronics
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Articulated Arm Market Size and Volume Forecast by Type
12.7.1. Transversely Articulated
12.7.2. Longitudinal Articulated
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Articulated Arm Demand Share, 2019-2026
13. Middle East & Africa Articulated Arm Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Articulated Arm Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Articulated Arm Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Aerospace
13.4.3. Industrial
13.4.4. Power Generation
13.4.5. Medical
13.4.6. Electronics
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Articulated Arm Market Size and Volume Forecast by Type
13.7.1. Transversely Articulated
13.7.2. Longitudinal Articulated
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Articulated Arm Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Articulated Arm Market: Market Share Analysis
14.2. Articulated Arm Distributors and Customers
14.3. Articulated Arm Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Acebil
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ingersoll Rand
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Pearstone
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zacuto
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. 9.SOLUTIONS
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cavision
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. OXID Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Optotek Medical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dectron
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. AIMCO Manufacturing
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. VariZoom
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Dinkum Systems
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Hexagon Metrology
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Carl Zeiss
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
