Articulated Robot Market Analysis (COVID-19 Analysis) – Industry Insights, Drivers, Top Trends, Global Analysis, Forecast and Opportunities to 2028

An articulated robot possesses a robotic arm that utilizes a rotary joint to perform specific movements consistently and repeatedly. Articulated robots are mostly used in manufacturing industries for applications such as material handling, assembling, welding, picking, sealing, cutting, painting and spraying, and machine tending.

An increase in automation and the rising necessity for precise operation in assembly lines are some of the major factors driving the growth of the articulated robot market. However, the high initial investment is one of the major factors which may restrain the growth of the articulated robot market. Nevertheless, the need for application-specific robots provides a major opportunity for market expansion.

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Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Procurement as-a-Service market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2028, factoring the impact of Covid -19 Situation.

The scope of the Report:
The Global Articulated Robot Market Analysis to 2028 is a specialized and in-depth study of the articulated robot market with a special focus on the global market trend analysis. The report aims to provide an overview of articulated robot market with detailed market segmentation by payload, function, industry. The global articulated robot market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading articulated robot market players and offers key trends and opportunities in the articulated robot market.

Major highlights of the report:
• All-inclusive evaluation of the parent market
• Evolution of significant market aspects
• Industry-wide investigation of market segments
• Assessment of market value and volume in past, present, and forecast years
• Evaluation of market share
• Tactical approaches of market leaders
• Lucrative strategies to help companies strengthen their position in the market

Major key players covered in this report:
1. ABB Ltd.
2. KUKA AG
3. Mitsubishi Electric Corp.
4. FANUC Corporation
5. Kawasaki Heavy Industries Ltd.
6. DENSO WAVE INCORPORATED
7. Omron Adept Technology, Inc.
8. Nachi-Fujikoshi Corp
9. Yaskawa Electric Corporation
10. Seiko Epson Corporation

Articulated Robot market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

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Reason to Buy
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Articulated
Robot market.
• Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
• The key findings and recommendations highlight crucial progressive industry trends in the Articulated Robot market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.

Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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