SCARA Robot Market - Forecast(2021 - 2026)
According to the findings from an IndustryARC report on industrial and factory automation market, industries are facing enormous pressure to enhance product manufacturing both quantitatively and qualitatively. Automation has therefore been readily deployed across most of the manufacturing units around the world for efficient production of goods. Factories worldwide are extensively using robots for daily tasks which has helped the SCARA robots market to gain considerable momentum in the last four decades. SCARA remains to be the most sought after robots in manufacturing units, owing to several factors such as articulate movements, reliable performance, consistent accuracy, efficiency despite harsh environments, and ability to withstand collision and stress. These factors have been extensively capitalized by key market players and through this, they have popularized the usage of SCARA robots in industrial applications such as pick and place, palletization, and assembly. Owing to these factors, the market will experience an extraordinary growth at a CAGR of 17.75%, during the forecast period 2019-2025. It was estimated that market registered a sale of 41.70 thousand units of SCARA robots in 2018.
By end user, the market is sub-segmented into electronics, food and beverage, automotive, pharmaceutical, rubber and plastic, industrial and manufacturing, nuclear, and others. Food and beverage industry remains to be the key end-user industry and has been evaluated to grow with a CAGR of 16.4%, during the forecast period 2019-2025.
APAC region is experiencing a ‘robot revolution’, during which China already added 87,000 industrial robots in 2016, according to International Federation of Robotics. Major contribution of Chinese players not just in adoption, but also in manufacturing of robots will support the dominance of APAC as geographical leader with a regional share of 64.72% in 2018.
SCARA Robot Market Growth Drivers:
Ø Food And Beverage Industry
SCARA robots are being extensively used in the food and beverage industry for several proposes, such as food processing where their compact sizes and high output rates act as key benefits. Additionally, they are also useful in quick picking and packing tasks such as tray loading, bottle handling, and others. SCARA robots supported the industrial growth by increasing revenue share and better return on investment.
SCARA Robot Market Key Players Perspective:
SCARA robots are useful in industrial setups and an automation trend in which companies around the world are investing highly. Key market players in the SCARA robot market are Kuka, Denso, Yamaha, Epson, Fanuc, Yaskawa, ABB, Nachi Fujikoshi, Mitsubishi, Omron, Staubli, and Universal Robots.
Seiko Epson Corporation manufacture electronic equipment including SCARA robots. Recently, company launched T6 SCARA robot in Tokyo, Japan that is designed to lower barriers of automation when it comes to IT consumers.
SCARA Robot Market Trends:
· Launch of Low Total Cost of Ownership (TCO) SCARA Robots
Key market players are investing in SCARA robots that have relatively lower total cost of ownership in order to expand sales and reach of robots in industrial scenario. These robots are designed for simple functions like material handling, machine loading and unloading, and others. Epson manufacture low TOC SCARA robots and have released a series of them titled T3. These have been deemed to replace single-axis robots and improve efficiency in factories.
SCARA Robot Market Research Scope
The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the SCARA robot market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of applications in the SCARA robot market, and their specific applications in different areas.
By end user, the market is sub-segmented into electronics, food and beverage, automotive, pharmaceutical, rubber and plastic, industrial and manufacturing, nuclear, and others. Food and beverage industry remains to be the key end-user industry and has been evaluated to grow with a CAGR of 16.4%, during the forecast period 2019-2025.
APAC region is experiencing a ‘robot revolution’, during which China already added 87,000 industrial robots in 2016, according to International Federation of Robotics. Major contribution of Chinese players not just in adoption, but also in manufacturing of robots will support the dominance of APAC as geographical leader with a regional share of 64.72% in 2018.
SCARA Robot Market Growth Drivers:
Ø Food And Beverage Industry
SCARA robots are being extensively used in the food and beverage industry for several proposes, such as food processing where their compact sizes and high output rates act as key benefits. Additionally, they are also useful in quick picking and packing tasks such as tray loading, bottle handling, and others. SCARA robots supported the industrial growth by increasing revenue share and better return on investment.
SCARA Robot Market Key Players Perspective:
SCARA robots are useful in industrial setups and an automation trend in which companies around the world are investing highly. Key market players in the SCARA robot market are Kuka, Denso, Yamaha, Epson, Fanuc, Yaskawa, ABB, Nachi Fujikoshi, Mitsubishi, Omron, Staubli, and Universal Robots.
Seiko Epson Corporation manufacture electronic equipment including SCARA robots. Recently, company launched T6 SCARA robot in Tokyo, Japan that is designed to lower barriers of automation when it comes to IT consumers.
SCARA Robot Market Trends:
· Launch of Low Total Cost of Ownership (TCO) SCARA Robots
Key market players are investing in SCARA robots that have relatively lower total cost of ownership in order to expand sales and reach of robots in industrial scenario. These robots are designed for simple functions like material handling, machine loading and unloading, and others. Epson manufacture low TOC SCARA robots and have released a series of them titled T3. These have been deemed to replace single-axis robots and improve efficiency in factories.
SCARA Robot Market Research Scope
The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the SCARA robot market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of applications in the SCARA robot market, and their specific applications in different areas.
We also publish more than 100 reports every month in "Electronics", Go through the Domain if there are any other areas for which you would like to get a market research study.
Comments
Post a Comment