SCARA Robots Market Developing Rapidly with Global Modern Trends at a CAGR of 9.8% with Epson America, Inc., Yamaha Motor, DENSO WAVE

A report, "SCARA Robots" has been recently published by Market Industry Reports (MIR). As per the report, the global SCARA robots market was estimated to be over US$ 6.0 billion in 2019. It is anticipated to grow at a CAGR of 9.8% from 2019 to 2030.

Technological Advancement:

The key factors driving growth of the SCARA robots are the advantages offered by them such as high accuracy & speed in production processes, further leading to reduced overall operational costs for various production processes. Similarly, the increasing need to reduce errors in the production processes has led to the rising adoption of these robots for handling various tasks in different industrial verticals, as well as technological advancements, are boosting growth of the SCARA robots market. For instance, in 2019, Yamaha Motor Co., Ltd. launched YK400XE the model, a 400mm arm length SCARA (horizontal articulated) robot that has increased maximum payload to 4 kgs i.e 1.4 times that of the previous models and the standard cycle time is increased to 0.41 seconds. These improvements are expected to increase the production capacity. Moreover, in this current COVID-19 pandemic situation where social distancing is one of the factors that help to prevent spread of the virus, the use of robots to carry out various tasks in industries will help to prevent person-to-person contact. Such factors are further anticipated to fuel the SCARA robots market during the forecast period.

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Top Players:

Some of the prominent players in the global SCARA Robots market include Epson America, Inc., Yamaha Motor Co., Ltd., DENSO WAVE INCORPORATED., Mitsubishi Electric Corporation, Kawasaki Heavy Industries, Ltd., Delta Electronics, Inc., ABB, YASKAWA ELECTRIC CORPORATION, FANUC America Corporation, and St�ubli International AG., among others.

Segmentation:

By Payload Capacity: Up to 5.00 kg, 5.01-15.00 kg, and More Than 15.00 kg

Application: Handling, Assembling & Disassembling, Welding & Soldering, Processing, and Dispensing

End Use Industry: Electrical & Electronics; Automotive; Plastics, Rubbers, & Chemicals; Metals & Machinery; Pharmaceuticals & Cosmetics; Precision Engineering & Optics; and Food & Beverages

The Research Provides Answers To The Following Key Questions:

-What is the estimated growth rate and market share and size of the SCARA Robots Market for the forecast period 2019 - 2030?
-What are the driving forces in the sodium sulfate market for the forecast period 2019- 2030?
-Who are the prominent market players and how have they gained a competitive edge over other competitors?
-What are the market trends influencing the progress of SCARA Robots Market industry worldwide?
-What are the major challenges and threats restricting the progress of the industry?
-What opportunities does the market hold for the prominent market players?

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Table of Contents

1. INTRODUCTION
1. Market Definition
2. Market Classification
3. Geographic Scope
4. Years Considered for the Study: Historical Years - 2016 & 2017; Base Year - 2018; Forecasted Years - 2019 to 2030
5. Currency Used

2. RESEARCH METHODOLOGY
1. Research Framework
2. Data Collection Technique
3. Data Sources
1. Secondary Sources
2. Primary Sources
4. Market Estimation Methodology
1. Bottom Up Approach
2. Top Down Approach
5. Data Validation and Triangulation
1. Market Forecasting Model
2. Limitations/Assumptions of the Study

3. ABSTRACT OF THE STUDY

4. MARKET DYNAMICS ASSESSMENT
1. Overview
2. Drivers
3. Barriers/Challenges
4. Opportunities

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This release was published on openPR.