Articulated Robot Market is projected to grow up to USD 25.87 billion by 2027 growing at a CAGR of 18.33% during the forecasting period 2021-2027.

Articulated robots are those with at least three rotating joints in their arms. Industrial manufacturing has become much faster and more precise thanks to articulated robots. They are utilised in a variety of sectors for tasks such as material handling, welding, loading/unloading, bin picking, assembly, processing, washing, and painting. Articulated robots are equipped with rotary joints that allow them to perform any movement accurately and repeatedly. These robots can range in complexity from simple two-jointed constructions to multi-jointed systems. Welding, sealing, picking, machine tending, assembling, and painting are some of the common tasks they perform.
Factors such as rising funds for industrial automation, rising demand from SMEs in emerging nations due to an increase in demand for precise assembly line operation, increased mechanisation and increased investment in the automation industry, and the growing demand for industrial robots are just a few of the factors expected to boost the growth of the articulated assembly line. The high worldwide connection price for low-volume manufacturing applications, on the other hand, is expected to stifle the articulated robot market's growth in the approaching years. Moreover, the growing demand for low-cost articulated robots capable of collaborating with people will continue to expand lucrative chances for the articulated robot market's growth over the projection period.
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The Articulated Robot Market report has been categorized as below
By Payload
Up to 16.00 Kg
16.01 – 60.00 Kg
60.01 – 225.00 Kg
More Than 225.00 Kg
By Function
Handling
Welding
Dispensing
Assembly
Processing
Others
By Industry
Automotive
Electrical & Electronics
Chemicals. Rubbers & Plastics
Metal & Machinery
Food & Beverages
Precision Engineering and Optics
Pharmaceuticals & Cosmetics
Others
By Region
North America
Europe
Asia Pacific
Rest of World
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