Market Overview:
The global robotic arm market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automation in various industries and rising adoption of robotics across different applications. Based on type, the global robotic arm market is segmented into 6 axis, 7 axis, and other types. The 6 axis segment is expected to hold the largest share of the global robotic arm market during the forecast period owing to its high demand from various industrial sectors such as automotive, aerospace & defense, and manufacturing. Based on application, the global robotic arm market is segmented into broadcast automation, staging (live stage), sports broadcasting & production, film & TV production & post-production houses (TVCM), and other applications.
Product Definition:
A robotic arm (RA) is a type of electromechanical actuator that manipulates materials Handling, assembly and welding are some of the most common applications for robotic arms. They are used extensively in manufacturing and metalworking industries, as well as in laboratory automation. Robotic arms can also be found in service robotics applications such as handling food or cleaning up waste.
6 axis:
6-axis robotic arm market is expected to witness significant growth over the forecast period. The major factor that propels the demand for 6-axis robotic arm is its application in industrial automation. With rapid industrialization, there has been a huge adoption of 6 axis robotic arms in various industries such as automotive, food & beverages and packaging among others.
The growing need for sophisticated robotics technology with improved performance.
7 axis:
The 7-axis robotic arm is a advanced version of 6-axis robotic arm. The 7th axis allows the shoulder, elbow, and wrist joints to move in seven different directions. This feature makes it easier for the robot to reach out and pick objects from a distance.
In addition, this extra mobility also helps in carrying heavy loads over longer distances without causing any harm to human joints or muscles.
Application Insights:
The broadcast automation segment dominated the global robotic arm market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for automated solutions from television and film production houses. Automated solutions help reduce human effort, increase accuracy, and provide consistency during live broadcasts thereby driving the adoption of robotic arms across this application segment.
Staging (live stage) is expected to grow at a CAGR of XX% over the forecast period owing to an increase in musical acts that use staging as part of their performance for live concerts or shows on television programs such as American Idol, Dancing with Stars etc. These stages require lighting systems along with a large number of other equipment which requires precise positioning throughout different performances which is where robotic arms come into play since they are used for precision positioning on stage without having any human interaction required while using them making it more efficient thus driving its adoption over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing investments by industry players in developing countries such as China, India, and Japan. Robust manufacturing base of electronics coupled with rapid industrialization has led to high demand for robotic arms across various applications. Moreover, rising adoption of automation technology across several industries is anticipated to drive regional market growth over the forecast period.
The North American regional market accounted for a significant share owing to growing adoption by end-use industries such as film & TV production and broadcast automation among others. In addition, presence of key companies that are continuously engaged in research & development activities will drive product demand within region during the forecast years from 2018 till 2030 (estimated).
Growth Factors:
- Increasing demand for industrial robots across different industries
- Growing demand for collaborative robots that can work safely with humans
- Rising adoption of robotic arms in automotive manufacturing sector
- Increasing use of robotic arms in food and beverage industry
- Growing popularity of robot-assisted surgery
Scope Of The Report
Report Attributes
Report Details
Report Title
Robotic Arm (RA) Market Research Report
By Type
6 axis, 7 axis, Other
By Application
Broadcast Automation, Staging (live stage), Sports, Film & TVCM, Other
By Companies
Ross, AR+, MR Motion Control, Camerobot, PhotoRobot, Electric Friends, Dongxu Robotics, Hanson Creative
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 Robotic Arm (RA) Market Report Segments:
The global Robotic Arm (RA) market is segmented on the basis of:
Types
6 axis, 7 axis, Other
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
Broadcast Automation, Staging (live stage), Sports, Film & TVCM, Other
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:
- Ross
- AR+
- MR Motion Control
- Camerobot
- PhotoRobot
- Electric Friends
- Dongxu Robotics
- Hanson Creative
Highlights of The Robotic Arm (RA) 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:
- 6 axis
- 7 axis
- Other
- By Application:
- Broadcast Automation
- Staging (live stage)
- Sports
- Film & TVCM
- Other
- 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 Robotic Arm (RA) 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.
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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?
A robotic arm is a machine that helps people with disabilities to do tasks that they would otherwise be unable to do. Robotic arms can help people with disabilities perform tasks such as picking up objects, writing, and using computers.
Some of the key players operating in the robotic arm (ra) market are Ross, AR+, MR Motion Control, Camerobot, PhotoRobot, Electric Friends, Dongxu Robotics, Hanson Creative.
The robotic arm (ra) market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Robotic Arm (RA) 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. Robotic Arm (RA) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Robotic Arm (RA) Market - Supply Chain
4.5. Global Robotic Arm (RA) Market Forecast
4.5.1. Robotic Arm (RA) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Robotic Arm (RA) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Robotic Arm (RA) Market Absolute $ Opportunity
5. Global Robotic Arm (RA) 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. Robotic Arm (RA) Market Size and Volume Forecast by Type
5.3.1. 6 axis
5.3.2. 7 axis
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Robotic Arm (RA) 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. Robotic Arm (RA) Market Size and Volume Forecast by Application
6.3.1. Broadcast Automation
6.3.2. Staging (live stage)
6.3.3. Sports
6.3.4. Film & TVCM
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Robotic Arm (RA) 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. Robotic Arm (RA) 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 Robotic Arm (RA) 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. Robotic Arm (RA) 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 Robotic Arm (RA) Demand Share Forecast, 2019-2029
9. North America Robotic Arm (RA) 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 Robotic Arm (RA) 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 Robotic Arm (RA) Market Size and Volume Forecast by Application
9.4.1. Broadcast Automation
9.4.2. Staging (live stage)
9.4.3. Sports
9.4.4. Film & TVCM
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Robotic Arm (RA) Market Size and Volume Forecast by Type
9.7.1. 6 axis
9.7.2. 7 axis
9.7.3. Other
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 Robotic Arm (RA) Demand Share Forecast, 2019-2029
10. Latin America Robotic Arm (RA) 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 Robotic Arm (RA) 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 Robotic Arm (RA) Market Size and Volume Forecast by Application
10.4.1. Broadcast Automation
10.4.2. Staging (live stage)
10.4.3. Sports
10.4.4. Film & TVCM
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Robotic Arm (RA) Market Size and Volume Forecast by Type
10.7.1. 6 axis
10.7.2. 7 axis
10.7.3. Other
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 Robotic Arm (RA) Demand Share Forecast, 2019-2029
11. Europe Robotic Arm (RA) 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 Robotic Arm (RA) 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 Robotic Arm (RA) Market Size and Volume Forecast by Application
11.4.1. Broadcast Automation
11.4.2. Staging (live stage)
11.4.3. Sports
11.4.4. Film & TVCM
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Robotic Arm (RA) Market Size and Volume Forecast by Type
11.7.1. 6 axis
11.7.2. 7 axis
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growt 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 Robotic Arm (RA) Demand Share, 2019-2029
12. Asia Pacific Robotic Arm (RA) 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 Robotic Arm (RA) 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 Robotic Arm (RA) Market Size and Volume Forecast by Application
12.4.1. Broadcast Automation
12.4.2. Staging (live stage)
12.4.3. Sports
12.4.4. Film & TVCM
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Robotic Arm (RA) Market Size and Volume Forecast by Type
12.7.1. 6 axis
12.7.2. 7 axis
12.7.3. Other
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 Robotic Arm (RA) Demand Share, 2019-2029
13. Middle East & Africa Robotic Arm (RA) 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 Robotic Arm (RA) 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 Robotic Arm (RA) Market Size and Volume Forecast by Application
13.4.1. Broadcast Automation
13.4.2. Staging (live stage)
13.4.3. Sports
13.4.4. Film & TVCM
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Robotic Arm (RA) Market Size and Volume Forecast by Type
13.7.1. 6 axis
13.7.2. 7 axis
13.7.3. Other
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 Robotic Arm (RA) Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Robotic Arm (RA) Market: Market Share Analysis
14.2. Robotic Arm (RA) Distributors and Customers
14.3. Robotic Arm (RA) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ross
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. AR+
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. MR Motion Control
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Camerobot
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. PhotoRobot
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Electric Friends
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dongxu Robotics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hanson Creative
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
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