Articulated Robots at the Core of Industrial Transformation
|
The global articulated
robot market is experiencing robust growth, driven by the rapid adoption of
automation technologies across diverse industries. According to recent market
analysis, the industry was valued at USD 17.3 Bn in 2022 and is
projected to advance at a CAGR of 8.9% from 2023 to 2031, reaching an
estimated value of USD 38.3 Bn by 2031.
Market Overview: Articulated robots, often modeled
after human arms, consist of multiple rotary joints that allow complex and
precise movements. These industrial robots are widely used in manufacturing,
assembly, and packaging tasks due to their superior flexibility, speed, and
repeatability. Their deployment helps reduce operational costs, increase
throughput, and improve safety in high-demand environments.
The growing need for intelligent automation in industries
such as automotive, food and beverage, pharmaceutical, chemical, and 3PL
(third-party logistics) is pushing the demand for articulated robotic systems.
As global economies transition toward Industry 5.0, the integration of robotics
into production lines is no longer a choice but a necessity.
Market Drivers & Trends
1. Industrial Automation Surge:
One of the primary drivers of the articulated robot market is the increasing
demand for automation to boost productivity and efficiency. Robots are
replacing manual processes in repetitive, hazardous, or high-precision tasks,
contributing to higher throughput and product consistency.
2. Demand in 3PL and Warehouse Logistics:
Third-party logistics providers are increasingly leveraging articulated robots
for picking, palletizing, and sorting tasks. Automation helps optimize
warehouse height utilization and improves order accuracy and speed, enabling
same-day delivery and omnichannel order fulfillment.
3. Growth in Food & Beverage Industry:
The food & beverage sector is adopting articulated robots for packaging,
sorting, and handling, fueled by the need for hygienic, fast, and efficient
production systems. The industry’s strict regulatory environment is also
accelerating automation.
4. Miniaturization and Precision Robotics:
The trend toward smaller, high-precision robots is gaining momentum. With
compact articulated robots like ABB’s IRB 1010, industries such as electronics
and wearables manufacturing are incorporating robots to achieve higher output
with minimal footprint.
Key Players and Industry Leaders
Prominent players in the global articulated robot market
include:
- ABB
- FANUC
Corporation
- Honeywell
International Inc.
- JAKA
Robotics
- Kawasaki
Heavy Industries Ltd.
- KUKA
AG
- Locus
Robotics
- Mitsubishi
Electric Corp.
- Omron
Corporation
- Schneider
Electric
- YASKAWA
ELECTRIC CORPORATION
- Zebra
Technologies
These companies are focusing on R&D, expanding product
portfolios, and forming strategic alliances to gain competitive advantage.
Recent Developments
- ABB
(Oct 2022): Launched IRB 1010, the smallest articulated robot
for smart device manufacturing, offering class-leading payload and
precision.
- KUKA
AG (May 2022): Secured a contract with Restoration Robotics to
supply robots for the ARTAS iX hair restoration system.
- Seiko
Epson (2017): Unveiled the N6 and VT6 compact 6-axis robots for
increased flexibility in constrained manufacturing spaces.
Market Opportunities
- Eastern
and Central Europe: Countries like Poland are emerging as
manufacturing hubs, offering ample opportunities for robot manufacturers.
- Small
& Medium Enterprises (SMEs): Growing demand from SMEs for compact,
affordable robots is creating new market segments.
- Healthcare
and Medical Robotics: Applications in surgeries, rehabilitation, and
pharmacy automation are expanding the use cases for articulated robots.
- AI
& Vision System Integration: Opportunities exist in incorporating
advanced AI, ML, and vision systems to enhance robot autonomy and
responsiveness.
Latest Market Trends
- Service
Segment Dominance: In 2022, the services segment held 66.9% of the
global articulated
robot market share, driven by growing demand for maintenance, software
upgrades, and real-time system monitoring.
- Integration
of IIoT: The Industrial Internet of Things (IIoT) is enhancing robotic
capabilities, enabling predictive maintenance, remote control, and
data-driven decision-making.
- Rise
of Collaborative Robots (Cobots): Small and medium-sized enterprises
are increasingly adopting lightweight articulated robots for safe
human-robot collaboration.
Future Outlook
The articulated robot market is set to witness accelerated
growth due to the evolution of smart factories and digital transformation
across sectors. With governments supporting industrial automation through
funding and policies (e.g., China's Made in China 2025 initiative), the
next decade will witness more widespread deployment of articulated robots in
both emerging and developed economies.
Market Segmentation
By Offering:
- Hardware
- Software
- Services
By Payload:
- Up to
25 Kg
- 26 Kg
to 50 Kg
- 51 Kg
to 75 Kg
- 76 Kg
to 100 Kg
- 100 Kg
to 200 Kg
- Above
200 Kg
By Application:
- Palletizing
& Depalletizing
- Loading
& Unloading
- Sortation
& Storage
- Assembly
& Dispensing
- Others
(Replenishment, Packaging)
By End-use Industry:
- Food
& Beverage
- Automotive
- FMCG
- Pharmaceutical
- Chemical
- Metal
& Machinery
- Fashion
& Apparel
- Electronics
and Semiconductor
- Retail
- 3PL
- Others
Regional Insights
North America held the largest share (37.72%) in
2022, led by the U.S., which is spearheading automation in manufacturing and
warehousing. High labor costs and rapid adoption of Industry 5.0 technologies
are fostering market growth.
Asia Pacific is poised to be the fastest-growing
region during the forecast period, supported by government initiatives, booming
electronics manufacturing, and the expansion of smart warehouses. China, India,
South Korea, and ASEAN countries are key contributors.
Europe is witnessing stable growth, with Germany,
France, and the U.K. investing heavily in smart manufacturing.
Why Buy This Report?
- In-depth
cross-segment analysis and market sizing from 2017–2031
- Strategic
profiling of key players and emerging entrants
- Analysis
of drivers, restraints, opportunities, and trends
- Competitive
landscape with detailed financials and recent developments
- Insights
into regional growth and investment hotspots
- Excel
data sheet and visual dashboards for decision-making
0 comments:
Post a Comment