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Market Research Future (MRFR) announces the publication of its half-cooked research report —Global Articulated robot Market 2018–2023

Industry news

April 2018, Fanuc Corporation has developed new AI function in collaboration with Preferred Networks, Inc. which apply machine learning and deep learning to its Robot and Robomachine products including articulated robots.

According to Market Research Future, the global articulated robot market is segmented based on component, payload capacity, application, and industry vertical.

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By component the global articulated robot market is segmented based on software, hardware and services. The hardware segment is further segmented into controller, arm, drive, end-effector and sensor. The controller and sensor subsegments are expected to contribute the highest to the hardware subsegment as there is a growing demand for improvement in bin picking application of articulated robots.

The hardware sub-segment is expected to contribute significantly to the component segment during the forecast period. High demand for articulated robot for industrial production is expected to boost this segment during the forecast period.

By payload capacity the global articulated robot market is segmented into low, medium, high, and heavy.

The heavy payload subsegment is expected to dominate the payload segment due to the rising demand for automation in manufacturing of heavy machinery. Low payload capacity sub-segment is expected to contribute significantly to the payload capacity segment during the forecast period due to increase in adoption of articulated robots in electronic manufacturing and food and beverages industry.

By application the global articulated market is segmented into material handling, welding, load/unload, bin picking, assembly, processing, washing, painting, and others.

The assembly sub segment is expected to contribute significantly to the growth of application segment. The increasing productivity and lower costs of articulated robots compared to manual labor in assembly lines is driving the growth of this segment in the global articulated robot market.

By industry vertical the global articulated robot market is segmented into automotive, aerospace, EMS (electronic manufacturing services), food & beverages, metals & machinery, chemicals, rubber, & plastics, precision engineering & optics, pharmaceuticals & cosmetics, and others. Automotive sub-segment is expected to dominate the industry vertical segment for the global articulated robot market. The rising continuous demand for cars and other automotive around the world and the growing adoption of automation in their production is driving the growth of this sub- segment.

Market Segmentation

The global market for articulated robot has been extensively analyzed in the MRFR report, and the primary segments taken into account while conducting the study are component, payload capacity, application and industry vertical.

With respect to component, the articulated robot market has been considered for software, services, and hardware. Further, the hardware segment can be split into arm, controller, end-effector, sensor, and drive.

Given the payload capacity segment, the market consists of low, medium, high, and heavy.

Application-based segments in the market are welding, material handling, bin picking, load/unload, processing, assembly, painting, washing, and others.

The industry verticals covered in the report are aerospace, automotive, precision engineering & optics, chemicals, electronic manufacturing services (EMS), pharmaceuticals & cosmetics, metals & machinery, food & beverages, rubber & plastics, and others.

Key players

ABB (Switzerland), Fanuc Corporation(Japan), Yaskawa Electric Corporation(Japan), Kawasaki Heavy Industries, Ltd.(Japan), Mitsubishi Electric Corporation(Japan), Seiko Epson Corporation(Japan), Toshiba Machine Co., Ltd(Japan), OMRON Corporation(Japan), KUKA Aktiengesellschaft(Germany), Yamaha Motor Co., Ltd(Japan), Aurotek Corporation (Taiwan), Cassioli Srl (Italy), Daihen Corporation (Japan), Denso (Japan), Engel (Austria), Nachi-Fujikoshi (Japan), Stubli International (Switzerland), SIASUN (China), HIWIN (Taiwan), GSK (UK), and Triowin (China) are some of the prominent players profiled in MRFR analysis and are at the forefront of competition in the global articulated robot market.

More Information :https://www.marketresearchfuture.com/reports/articulated-robot-market-6805


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