Lucintel's latest market report analyzed that articulated robot provides attractive opportunities in the automotive, electrical and electronic, metal and machinery, precision engineering & optic, and pharmaceutical & cosmetic industries. The articulated robot market is expected to reach $29.5 billion by 2028 with a CAGR of 12.9%. In this market, handling is the largest segment by function, whereas automotive is largest by end use industry.
Based on function, the
articulated robot market is segmented into handling, welding, dispensing,
assembly, processing, and others. The handling segment accounted for the
largest share of the market in 2023 and is expected to register the highest
CAGR during the forecast period, due to substantial use of these robots in the
handling huge automobile parts and heavy metal sheets and components in the
metal and equipment industry.
Browse in-depth TOC on
“Articulated Robot Market”
100 – Figures/Tables
150 – Pages
The Articulated Robot
Market is marked by the presence of several big and small players. Some of the
prominent players offering articulated robot include American Robot, DENSO WAVE
INCORPORATED, Sierra Tango Robotics dot com, Aurotek, ABB.
This unique research report will enable you
to make confident business decisions in this globally competitive marketplace. For
a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on
this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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