Dual Arm Robots for Material Handling Is Likely to Reach a Valuation of Around US$ 23.9 Billion by the end of 2033

The dual arm robot market is estimated to reach valuation of US$ 8.1 Billion in 2023 and will top US$ 23.9 Billion by 2033, growing with a CAGR of around 11.4% from 2023-2033. In 2023, the global robot market is estimated to be valued around US$ 38.6 billion. Dual robotic arm is a vital part of the total robot market. In terms of value, sales of dual robotic arms accounted for nearly 21.1% share of the global robot market at the end of 2022.

As the possible applications of robots continue to expand, new operating tasks and work environments place increasing demands on robot performance. Dual-arm robots are more capable of coordinated movements than single-arm robots, offering greater flexibility and maneuverability for sophisticated and complex manipulation tasks such as hole mounting.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.factmr.com/connectus/sample?flag=S&rep_id=8281?pj

𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬

1. Dual-arm robots are becoming increasingly popular in industrial applications as they are seen to be more cost-effective and efficient than traditional single-arm robots.
2. Companies are increasingly investing in dual-arm robots for their ability to perform complex tasks with higher accuracy.
3. Robotics companies are focusing on developing dual-arm robots that are equipped with advanced sensors and are capable of learning from their environment.
4. The demand for dual-arm robots is also driven by the increasing need for automation in industrial processes.
5. Companies are increasingly investing in dual-arm robots for their ability to operate in tight spaces and for their flexibility in terms of programming and customization.
6. The increasing adoption of IoT technology is also driving the demand for dual-arm robots.
7. The increasing demand for safety and security in industrial processes is driving the demand for dual-arm robots that are equipped with advanced safety features.
8. The increasing demand for dual-arm robots in the medical field is also driving the market growth.

𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝

• ABB
• Comau
• Hitachi, Ltd.
• KAWADA Robotics Corporation.
• Kawasaki Robotics (USA), Inc.
• Seiko Epson Corporation
• TOSHIBA CORPORATION
• Yaskawa America, Inc.

Introduction of highly sensitive advanced sensors in order to detect obstacles and also make the robot work like a human can benefit the manufacturers of the dual-arm robot.

Also, other marketing strategies such as collaborations, and mergers with the R&D institutes or even the component manufacturer of the robots can lead to an effective supply chain. Such strategies can further lead to minimization in the production cost thereby giving an affordable product to the end users. Fact.MR has provided detailed information about the price points of key manufacturers of dual arm robot positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐃𝐮𝐚𝐥 𝐀𝐫𝐦 𝐑𝐨𝐛𝐨𝐭 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

• By Type :

• Transversely Articulated
• Longitudinal Articulated
• By Orientation :
• Four Degrees of Freedom
• Five Degrees of Freedom
• Six Degrees of Freedom
• Seven Degrees of Freedom

• By Application :

• Packaging
• Palletizing
• Material handling
• Painting
• Welding
• Assembly
• Inspection
• Cutting
• Dispensing

• By End Use Vertical :

• Aerospace and Defense
• Automotive
• Chemicals & Materials
• Electrical & Electronics
• Food and Beverage
• Healthcare
• Mining & Oil & Gas
• Retail & e-Commerce
• Logistics & Warehousing
• Packaging
• Others

• By Region :

• North America
• Latin America
• Europe
• East Asia
• South Asia and Oceania
• Middle East & Africa

𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐃𝐮𝐚𝐥 𝐀𝐫𝐦 𝐑𝐨𝐛𝐨𝐭 𝐚𝐭𝐭𝐚𝐜𝐡𝐞𝐝 𝐬𝐭𝐨𝐫𝐚𝐠𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐚𝐧𝐬𝐰𝐞𝐫𝐬 𝐧𝐮𝐦𝐞𝐫𝐨𝐮𝐬 𝐩𝐞𝐫𝐭𝐢𝐧𝐞𝐧𝐭 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬, 𝐬𝐨𝐦𝐞 𝐨𝐟 𝐰𝐡𝐢𝐜𝐡 𝐚𝐫𝐞:

• What are some of the latent areas of investments in the market?
• Which region is expected to emerge as showing the most attractive growth rate during the forecast period and which factors will be crucial to its growth?
• What trends are likely to change the status quo of the positions held by leading players of the market in the not-so-distant future?
• Which product/service/technology segments holds game-changing potential to dramatically shape the competitive dynamic in the market?
• What are the strategies adopted by top players to retain their stronghold in the market?
• Which strategic moves will new entrants adopt to gain a strong foothold in the market?
• What are COVID-19 implications on the market and learn how businesses can respond, manage, and mitigate the risks?

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬:https://www.factmr.com/connectus/sample?flag=RC&rep_id=8281?pj

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This release was published on openPR.