richa sharma July 5, 2022

Robotic Arms Market Definition and Overview

Robotic arms are programmable machines that operate in a manner similar to a human hand with multiple joints that can move along an axis or rotate in different directions. It is capable of performing a specific task or tasks quickly, efficiently and extremely accurately. Since it is a machine, it is designed to be stronger than the human hand. It means that robotic arms can perform repetitive and heavy tasks with greater accuracy over an extended period. Robotic arms can be as small as a handheld device for execution of delicate activities or a long one with a reach to complete the construction of whole buildings. Typically motorized, due to their rapidness and consistent performance, these often find applications in manufacturing, industrial production, fabrication, machining and assembly sectors. Robotic arms are widely used in performing many industrial activities such as painting, sorting, injection molding, picking and placing, welding, screwing, and machine tending.

Asia Pacific Robotic Arms Market Outlook, Drivers and Challenges

The Robotic Arms Market in Asia Pacific is expected to witness strong growth of more than 15% over the next five years. The use of robotic arms will continue to grow due to increasing requirement of automation in almost all industries and for being used for most applications from material handling to assembling. The demand and development of technologies such as artificial intelligence and machine learning which support the increase in the number of applications for robotic arms are also going to drive its growth. These applications of automation by robotic arms in various industries are attracting huge investments to the system. Continued investments in research and development by the manufacturers to bring out many advanced robotic arms with sophisticated technology will also continue to drive the growth of the market. However, high capital costs associated with robotic arms do not allow many companies to try and purchase automatic robotic arms, so the market remains constrained.

Request For Sample Report @ https://www.kenresearch.com/blog/request-for-sample-report/?Frmdetails=NzAxOTg=

Asia Pacific Robotic Arms Market Value Chain Analysis

The value chain of the Robotic Arms market consists of providers of core raw materials such as steel, cast iron, rubber, wires and aluminum. There are other companies such as machine builders and panel builders which supply materials such as panels, electric motors, etc. Subsequently, such materials are fabricated, assembled and designed by the robotic arms manufacturers and then distributed through various channels including direct and traditional channels like distributors. Afterwards, these distributors deliver the products to the customers/end-users.

asia-pacific robotic-arms-market-value-chain-analysis

Asia Pacific Robotic Arms Market Segmentation

The Asia Pacific Robotic Arms Market can be segmented based on Type into categories such as Articulated, Cartesian, SCARA, Spherical or Polar, and Cylindrical. Based on the Payload capacity, the market is categorized as Less than 500 kg, 501-3,000 kg and 3,001 kg and above. The Materials Handling, Cutting & Processing, Soldering & Welding, and Assembling & Disassembling are the Application based segments in the market. On the basis of end-user industries, the market can be segmented into Automotive, Electrical & Electronics, Metals & Machinery, Plastics & Chemicals and Food & Beverages. Geographically, the major countries in Asia Pacific are China, Japan, South Korea, India and Taiwan.

Asia Pacific Robotic Arms Market Competitive Landscape of Major Competitors

Some key players in the Asia Pacific Robotic Arms Market are ABB, Yaskawa Electric Corporation, FANUC Corporation, KUKA AG, Kawasaki Heavy Industries, LTD., Mitsubishi Electric Corporation, Nachi-Fujikoshi Corp, and Denso Corporation.

Request For Sample Report @ https://www.kenresearch.com/blog/request-for-sample-report/?Frmdetails=NzAxOTg=

Impact of Covid-19 on Asia Pacific Robotic Arms Market

During the outbreak of the COVID-19 pandemic, manufacturing and construction activities came to a standstill. Supply chain as well as transportation activities were disrupted globally. Due to the restrictions on construction activities and reduction in the production, automobile manufacturers had reduced their investments in automation as consumer demand was on the decline. It impacted the robotic arms market. However, robotic arms played a very important role in various activities during this pandemic like sanitizing public places, transporting health sample test kits, conducting surveillance and performed many other life-saving tasks. Overall, the demand for robotic arms declined during the pandemic due to less demand in major industries such as electrical & electronics, automotive and metal & machinery.

Key Segments Covered in Asia Pacific Robotic Arms Market:-

Asia Pacific Robotic Arms Market By Type

Articulated

Cartesian

SCARA

Cylindrical

Parallel/Delta

Asia Pacific Robotic Arms Market By Payload Capacity

Less than 500 KG

501-3,000 KG

3,001 KG and above

Asia Pacific Robotic Arms Market By Application

Materials Handling

Cutting & Processing

Soldering & Welding

Assembling & Disassembling

Asia Pacific Robotic Arms Market By Type of End User Industry

Automotive

Electrical & Electronics

Metal & Machinery

Plastics & Chemicals

Food & Beverages

Request For Sample Report @ https://www.kenresearch.com/blog/request-for-sample-report/?Frmdetails=NzAxOTg=

Asia Pacific Robotic Arms Market By Geography and Major Countries

China

Japan

South Korea

India

Taiwan

Key Competitors in Asia Pacific Robotic Arms Market:-

ABB

Yaskawa Electric Corporation

FANUC Corporation

KUKA AG

Kawasaki Heavy Industries, Ltd.

Mitsubishi Electric Corporation

Nachi-Fujikoshi Corp

Denso Corporation

Time Period Captured in the Report:-

Historical Period: 2017-2021

Forecast Period: 2022-2027F

Key Target Audience:-

Robotic Arms Manufacturers

Robotic Arms Product Assemblers

Robotic Arms Component suppliers

Raw Material Suppliers for Robotic Arms

Potential Investors in Robotic Arms Companies

Value Added Resellers

Collaborative Robot Manufacturers

Industrial OEMs of Robotic Arms

Industrial Automation Solutions Providers

Robotics Companies

Robotics Industry Associations

Robotics Research Groups

Ministries of Electronics and Engineering

For any queries or feedback, reach out to the author at Support@kenresearch.com

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

ankur@kenresearch.com

+91-9015378249

Leave a comment.