Market Overview:
The global multi-axis articulated robots market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for industrial robots across various industries, such as automotive, electronics, and food & beverage. In addition, the growing demand for collaborative robots that can work safely alongside humans is also contributing to the growth of the global multi-axis articulated robots market. Based on type, the global multi-axis articulated robots market can be segmented into < 5 kg, 5 - 10 kg, and > 10 kg weight categories. The < 5 kg weight category is expected to account for a major share of the global multi-axis articulated robot market in 2018 owing to its low price and easy installation. However, with advancements in technology and increasing demand for high precision tasks in manufacturing processes, this category is expected to lose its share over time.
Product Definition:
A Multi-axis articulated robot is a type of industrial robot that has more than two axes of motion. These robots are often used for applications that require more dexterity or flexibility than traditional industrial robots can provide. Multi-axis articulated robots can be used for tasks such as welding, fabricating, and assembling small parts. They are also commonly used in medical and laboratory applications where precision is critical.
< 5 Kg:
5 kg is the weight below which a robot with multi-axis articulated joints cannot be considered as lightweight. The robots in this category are usually used for heavy-duty applications such as assembly lines, warehouses and distribution centers. 5 kg or less robots can also be used in some specific applications but they require very high maintenance due to their complex mechanism and structure.
5 - 10 Kg:
5-10 kg is the weight range of the robots which can be used in multi-axis articulated robots. The 5 - 10 kg robot usually has 3 or 4 axes (rotation around the vertical, horizontal and another axis) to move around. These types of robots are mostly used for small tasks like packaging and labelling products in warehouses as they have less power compared to other heavier weight classed robots.
Application Insights:
The others application segment includes packaging, welding and assembly. The demand for multi-axis articulated robot in this application is expected to witness a CAGR of XX% from 2018 to 2030 owing to the ability of these robots to combine high precision with versatility and efficiency. These robots can be used for assembling, packaging or unloading applications on account of their excellent grip strength along with the ability to walk over uneven surfaces.
The loading and unloading segment accounted for more than 40% revenue share in 2017 due largelyto the rising demand from end-use industries such as food & beverage, medical equipment, electronics among others that require precise handlingof heavy or fragile objects during transportation or storage operations at different locations across a production facility floor.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing demand for multi-axis articulated robots from various end-use industries. The growth can be attributed to rising labor costs in developed countries, such as Japan and South Korea, which has led manufacturers in this region to look for alternative ways of reducing operational costs. Moreover, growing automation across several manufacturing sectors including automotive and electronics is anticipated to drive product adoption across Asia Pacific during the forecast period.
The market in Europe accounted for a significant share due to high investments made by industry players towards research & development activities aimed at developing advanced robotic solutions that meet customer needs better than their conventional counterparts. Moreover, presence of major automotive companies who are early adopters of these robots will fuel regional growth over the next eight years. For instance; Volkswagen Group (Germany), BMW Group (Germany), Fiat Chrysler Automobiles N.V.
Growth Factors:
- Increasing demand for multi-axis articulated robots from automotive and electronics industries for high precision and accuracy applications
- Rising demand for collaborative robots that can work safely with humans in close proximity
- Growing popularity of robot automation in small and medium enterprises (SMEs) due to the low cost of deployment
- Proliferation of artificial intelligence (AI) and machine learning technologies that are enabling new applications for robotics
- Emergence of new business models such as robotic as-a-service, which is making industrial robots more affordable and accessible to a wider audience
Scope Of The Report
Report Attributes
Report Details
Report Title
Multi-axis Articulated Robots Market Research Report
By Type
< 5 Kg, 5 - 10 Kg, > 10 Kg
By Application
Loading and Unloading, Palletizing, Assembly, Others
By Companies
ABB, KUKA, Sepro Group, YASKAWA, ENGEL, FANUC, KraussMaffei Group, Teradyne, Nachi, Comau, EPSON, Staubli
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
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Multi-axis Articulated Robots Market Report Segments:
The global Multi-axis Articulated Robots market is segmented on the basis of:
Types
< 5 Kg, 5 - 10 Kg, > 10 Kg
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
Loading and Unloading, Palletizing, Assembly, Others
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:
- ABB
- KUKA
- Sepro Group
- YASKAWA
- ENGEL
- FANUC
- KraussMaffei Group
- Teradyne
- Nachi
- Comau
- EPSON
- Staubli
Highlights of The Multi-axis Articulated Robots 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:
- < 5 Kg
- 5 - 10 Kg
- > 10 Kg
- By Application:
- Loading and Unloading
- Palletizing
- Assembly
- Others
- 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 Multi-axis Articulated Robots 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?
Multi-axis articulated robots are robots that have two or more axes of motion. This allows the robot to move in a variety of directions and positions, which can be helpful for tasks such as moving around obstacles or reaching difficult areas.
Some of the major players in the multi-axis articulated robots market are ABB, KUKA, Sepro Group, YASKAWA, ENGEL, FANUC, KraussMaffei Group, Teradyne, Nachi, Comau, EPSON, Staubli.
The multi-axis articulated robots market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Multi-axis Articulated Robots Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Multi-axis Articulated Robots Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Multi-axis Articulated Robots Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Multi-axis Articulated Robots Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Multi-axis Articulated Robots Market Size & Forecast, 2020-2028
4.5.1 Multi-axis Articulated Robots Market Size and Y-o-Y Growth
4.5.2 Multi-axis Articulated Robots Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 < 5 Kg
5.2.2 5 - 10 Kg
5.2.3 > 10 Kg
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Loading and Unloading
6.2.2 Palletizing
6.2.3 Assembly
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Multi-axis Articulated Robots Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Multi-axis Articulated Robots Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 < 5 Kg
9.6.2 5 - 10 Kg
9.6.3 > 10 Kg
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Loading and Unloading
9.10.2 Palletizing
9.10.3 Assembly
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 < 5 Kg
10.6.2 5 - 10 Kg
10.6.3 > 10 Kg
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Loading and Unloading
10.10.2 Palletizing
10.10.3 Assembly
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 < 5 Kg
11.6.2 5 - 10 Kg
11.6.3 > 10 Kg
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Loading and Unloading
11.10.2 Palletizing
11.10.3 Assembly
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 < 5 Kg
12.6.2 5 - 10 Kg
12.6.3 > 10 Kg
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Loading and Unloading
12.10.2 Palletizing
12.10.3 Assembly
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 < 5 Kg
13.6.2 5 - 10 Kg
13.6.3 > 10 Kg
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Loading and Unloading
13.10.2 Palletizing
13.10.3 Assembly
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Multi-axis Articulated Robots Market: Competitive Dashboard
14.2 Global Multi-axis Articulated Robots Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 KUKA
14.3.3 Sepro Group
14.3.4 YASKAWA
14.3.5 ENGEL
14.3.6 FANUC
14.3.7 KraussMaffei Group
14.3.8 Teradyne
14.3.9 Nachi
14.3.10 Comau
14.3.11 EPSON
14.3.12 Staubli
