Global Articulated Robots Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

The segmentation of the articulated robot market by function, industry, and geography reflects the diverse applications and global presence of these versatile robotic systems. By function, articulated robots serve various roles including handling, welding, dispensing, assembly, processing, and more. Handling tasks involve the movement of materials or products within manufacturing facilities, optimizing efficiency and reducing manual labor. Welding applications leverage the precision and repeatability of articulated robots to achieve high-quality welds in automotive, aerospace, and other industries. Dispensing tasks encompass activities such as sealing, gluing, or painting, where articulated robots ensure accurate and consistent application of materials. Assembly functions involve the intricate assembly of components in electronics, appliances, and other products, where articulated robots enhance speed and precision. Processing applications include cutting, milling, and grinding, where these robots enable precise and efficient material removal processes. Other functions encompass a wide range of specialized tasks tailored to specific industry needs, highlighting the adaptability of articulated robots across diverse applications.

In terms of industry segmentation, articulated robots find extensive use across automotive, electrical & electronics, metals & machinery, chemicals, rubber, plastics, food & beverages, precision engineering and optics, pharmaceuticals & cosmetics, and other sectors. The automotive industry relies on articulated robots for tasks such as welding, painting, and assembly, driving efficiency and quality in vehicle manufacturing. In the electrical & electronics sector, these robots play a crucial role in the assembly of intricate components, ensuring the production of high-quality consumer electronics and appliances. The metals & machinery industry utilizes articulated robots for handling, welding, and processing tasks, enhancing productivity and safety in metal fabrication and machining operations. Articulated robots find applications in chemical, rubber, and plastics industries for handling, dispensing, and processing tasks, optimizing production processes and ensuring product consistency. In food & beverage, precision engineering and optics, and pharmaceuticals & cosmetics sectors, articulated robots enable precise handling, assembly, and processing of delicate materials, contributing to product quality and regulatory compliance.

The articulated robot market spans across North America, Europe, Asia Pacific, Middle East & Africa, and Latin America, with each region contributing to the market's growth trajectory through unique industry dynamics and adoption trends. North America and Europe are mature markets with a strong presence of automotive and manufacturing industries, driving demand for articulated robots. The Asia Pacific region, particularly countries like China, Japan, and South Korea, is witnessing rapid industrialization and automation adoption, fueling growth opportunities for articulated robots across various sectors. The Middle East & Africa and Latin America regions present untapped potential for market expansion, with increasing industrialization and infrastructure development driving demand for automation solutions.

Global Articulated Robot Segment Analysis

In this report, the Global Articulated Robots Market has been segmented by Function, Industry and Geography.

Global Articulated Robots Market, By Function

The Global Articulated Robots Market has been segmented by Function into Handling, Welding, Dispensing, Assembly, Processing and Others.

Handling tasks involve the movement of materials or products within manufacturing facilities, optimizing efficiency and reducing manual labor. Welding applications leverage the precision and repeatability of articulated robots to achieve high-quality welds in industries such as automotive, aerospace, and metal fabrication. Dispensing functions encompass activities such as sealing, gluing, or painting, where articulated robots ensure accurate and consistent application of materials, enhancing product quality and consistency. Assembly tasks involve the intricate assembly of components in electronics, appliances, and machinery, where these robots streamline production processes and improve efficiency. Processing functions encompass cutting, milling, and grinding operations, where articulated robots enable precise and efficient material removal, contributing to manufacturing productivity.

Articulated robots perform various other functions tailored to specific industry needs, such as inspection, palletizing, and packaging. These robots offer manufacturers unparalleled flexibility and adaptability, allowing them to automate a wide range of tasks and processes to meet evolving market demands. As industries continue to embrace automation and seek ways to enhance productivity and efficiency, the demand for articulated robots across different functions is expected to rise steadily, driving growth in the Global Articulated Robots Market. Their ability to perform diverse functions with speed, accuracy, and reliability positions articulated robots as indispensable assets in modern manufacturing facilities, driving innovation and competitiveness on a global scale.

Global Articulated Robots Market, By Industry

The Global Articulated Robots Market has been segmented by Industry into Automotive, Electrical and Electronics, Metals and Machinery, Chemicals, Rubber, and Plastics, Food & Beverages, Precision Engineering and Optics, Pharmaceuticals and Cosmetics and Others.

In the automotive industry, articulated robots play a crucial role in tasks such as welding, painting, and assembly, enabling manufacturers to enhance efficiency, precision, and productivity in vehicle production. Likewise, the electrical and electronics sector benefits from the use of articulated robots in the precise handling and assembly of delicate components, ensuring the production of high-quality consumer electronics and appliances. Metals and machinery industries leverage articulated robots for handling, welding, and processing tasks, optimizing manufacturing processes and improving operational efficiency.

In sectors such as chemicals, rubber, and plastics, articulated robots contribute to material handling, dispensing, and processing operations, enhancing productivity and ensuring product consistency. The food and beverages industry relies on articulated robots for tasks such as packaging, palletizing, and handling, facilitating automation and streamlining production processes. In precision engineering and optics, articulated robots enable precise handling and assembly of intricate components, driving quality and efficiency in manufacturing operations. The pharmaceuticals and cosmetics industry utilizes articulated robots for tasks such as dispensing, labeling, and packaging, ensuring compliance with regulatory standards and enhancing product safety. Articulated robots find applications in various other industries, catering to specific needs and driving innovation in automation technology.

Global Articulated Robots Market, By Geography

In this report, the Global Articulated Robots Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Global Articulated Robots Market Share (%), by Geographical Region, 2023

In the global articulated robots market, North America stands out for its anticipated strong growth trajectory, driven by the widespread adoption of automation in manufacturing processes. With modern manufacturing facilities in the region increasingly embracing new technologies and innovations, there's a clear focus on enhancing product quality, speeding up production, and reducing operational costs. The competitive climate has pushed manufacturers to integrate more sophisticated software and hardware, boosting their manufacturing capacities and driving the demand for articulated robots across various industries in North America. Europe is also poised for substantial growth in the articulated robot market, fueled by rising demand in sectors like Food & Beverages and pharmaceuticals & cosmetics. The healthcare sector's rapid growth, coupled with the widespread adoption of advanced technology in manufacturing processes, further accelerates market growth. The increasing usage of articulated robots in the region's industrial, commercial, and transportation sectors is propelling the market forward.

Asia Pacific is expected to witness the highest compound annual growth rate (CAGR) in the forecast period, primarily due to the presence of well-established competitors and the region's favorable manufacturing environment. Nations like China, Japan, and India boast a robust market for articulated robots, with companies like Yaskawa Electric Corporation and Fanuc Corporation leading the way. The region benefits from low labor and production costs, encouraging various industries to establish manufacturing facilities and driving the adoption of automation technologies like articulated robots. The trend of automation in manufacturing plant skills further boosts demand for articulated robots in Asia Pacific, ensuring sustained market growth in the region. In the Middle East and Africa, the adoption of the latest technologies in industries like automotive and electrical is fueling demand for articulated robots. As industrialization rapidly increases, manufacturers require advanced robots capable of performing functions like welding, handling, assembly, dispensing, and processing.

This report provides an in depth analysis of various factors that impact the dynamics of Global Articulated Robots Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.

Drivers, Restraints and Opportunity Analysis

Drivers

• Growing demand for automation in manufacturing
• Advances in robotics technology
• Expansion of key industries like automotive and electronics
• Focus on workplace safety boosts robotic adoption - The increasing emphasis on workplace safety has emerged as a significant driver for the adoption of articulated robots in the global market. As industries strive to ensure the well-being of their workforce, there's a growing recognition of the role that robotics technology can play in mitigating risks and hazards in the workplace. Articulated robots, equipped with advanced safety features and protocols, offer a safer alternative to human workers for performing tasks in potentially dangerous environments. These robots can handle tasks such as heavy lifting, welding, and material handling with precision and reliability, reducing the risk of workplace accidents and injuries. The integration of collaborative robots, which can work alongside human operators in a shared workspace, further enhances safety by minimizing direct contact between humans and machines.
  
  This focus on workplace safety not only protects workers from harm but also helps companies comply with stringent safety regulations and standards, fostering a culture of safety and responsibility in the workplace. The adoption of articulated robots for safety-critical tasks contributes to increased productivity and efficiency in manufacturing operations. By automating hazardous tasks, companies can streamline production processes, reduce downtime due to injuries, and optimize resource allocation. This not only enhances operational efficiency but also improves overall competitiveness in the market. As industries continue to prioritize worker safety and well-being, the demand for articulated robots equipped with advanced safety features is expected to rise. This ongoing innovation is driving the evolution of articulated robots as safe and reliable solutions for a wide range of industrial applications.

Restraints

• Limited flexibility of robotic systems
• Cybersecurity risks with connected robots
• Perception of robots as complex
• Dependence on skilled technicians - Dependence on skilled technicians poses a significant challenge within the Global Articulated Robots Market. While articulated robots offer immense potential for automating various manufacturing processes, their successful implementation and operation often rely on the expertise of trained technicians. These technicians are responsible for programming, maintaining, and troubleshooting robotic systems, ensuring optimal performance and uptime. The scarcity of skilled technicians with the necessary technical knowledge and experience poses a constraint on the widespread adoption of articulated robots, particularly in industries where automation uptake is still in its nascent stages or where specialized skills are required. The complexity of articulated robot systems and the rapid evolution of robotics technology necessitate continuous training and upskilling of technicians to keep pace with advancements.
  
  Without a sufficient pool of skilled technicians, companies may encounter challenges in maximizing the potential benefits of articulated robots, such as improved productivity, quality, and efficiency. The dependency on skilled technicians may also result in increased operational costs associated with training, recruitment, and retention. The development of user-friendly interfaces and diagnostic tools can empower non-specialized personnel to perform routine maintenance tasks, reducing the reliance on highly skilled technicians for day-to-day operations. Collaborative efforts between industry stakeholders, educational institutions, and government bodies are essential to bridge the skills gap and ensure the sustainable growth of the articulated robot market by mitigating the challenges associated with dependence on skilled technicians.

Opportunities

• Adoption in new sectors like healthcare
• Integration of AI and machine learning
• Development of lightweight robots
• Growth of service robotics and RaaS models - Service robotics, encompassing robots designed to perform tasks outside of industrial settings, are witnessing increasing adoption in sectors such as healthcare, hospitality, retail, and logistics. These robots are equipped with advanced capabilities such as navigation, perception, and interaction, enabling them to assist humans in diverse tasks ranging from caregiving and customer service to inventory management and delivery. The emergence of RaaS models further accelerates the accessibility and adoption of robotic solutions, particularly for small and medium-sized enterprises (SMEs) and businesses with limited capital investment capacity. RaaS offerings allow organizations to access robotic technologies on a subscription or pay-per-use basis, eliminating the need for large upfront investments in hardware and infrastructure.
  
  This flexibility enables businesses to scale their robotic deployments according to fluctuating demand and operational requirements, driving cost-efficiency and minimizing financial risk. The growth of service robotics and RaaS models is fueled by advancements in robotics technology, including the development of collaborative and autonomous robots capable of safely interacting with humans and navigating dynamic environments. These technological innovations expand the scope of applications for service robots, facilitating their integration into a wide range of industries and workflows. The flexibility, scalability, and cost-effectiveness offered by these models make them attractive options for businesses seeking to leverage the benefits of robotic technology without incurring prohibitive upfront costs.

Key players in Global Articulated Robots Market include

• ABB
• Fanuc
• Kuka
• Yaskawa
• Kawasaki Heavy Industries
• Mitsubishi Electric
• Denso
• Nachi-Fujikoshi
• Omron
• Seiko Epson

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis