SCARA Robot Market Booming Worldwide with Industry Analysis, Future Growth, Upcoming Trend and Future Scope by 2030
The global SCARA robot market size is expected to reach USD 18.45 Billion at a steady revenue CAGR of 10.3% in 2030, according to a latest analysis by Emergen Research. The growing need to reduce human efforts and errors in production process can be attributed to the steady market revenue growth of SCARA robots. SCARA robots are useful for performing monotonous tasks which reduce human effort and the chances of errors. They provide perceptual sensors that enable humans and robots to collaborate. Test automation is cost-effective when there are numerous robot designs and machines in today’s marketplaces. As a result, increased throughput, precision, and accuracy are achieved, and venture investors are attracted.
The Global SCARA Robot Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario.
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Provide chapter-wise guidance on request 2021 Updated Regional Analysis with Graphical Representation of Trends, Size, & Share, Includes Updated List of figures and tables.
Updated Report Includes Major Market Players with their Sales Volume, Business Strategy and Revenue Analysis by using Emergen Research methodology.
Key Players Operating in the Global SCARA Robot Market are:
Seiko Epson Corporation, Yamaha Motor Co., Ltd., Denso- Holding GmbH & Co. KG, Yaskawa Electric Corporation, Staubli International AG, ABB, Mitsubishi Electric Corporation, Kawasaki Heavy Industries, Ltd., Shibaura Machine, and Comau
TO KNOW HOW COVID-19 PANDEMIC AND RUSSIA UKRAINE WAR WILL IMPACT THIS MARKET – Download Summary
The Research covers the following objectives:
To study and analyze the Global SCARA Robot Market by key regions/countries, product type and application, history data from forecast to 2027.
To understand the structure of SCARA Robot Market by identifying its various sub-segments.
Focuses on the key global SCARA Robot Market manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, Porter’s five forces analysis, SWOT analysis and development plans in the next few years.
To analyze the SCARA Robot Market with respect to individual growth trends, future prospects, and their contribution to the total market.
Some Key Highlights of the Report :
The Up to 5.00 kg segment is expected to account for the largest revenue share over the forecast period. This is owing to the fact that these robots are mostly employed for material handling, inspection and testing, and dispensing. SCARA robots are one of the most convenient ways to automate some of a production line’s most monotonous, dull, and dangerous jobs. SCARA robots improve the efficiency and customer satisfaction of a production line by delivering high-quality items on time.
The electrical and electronics segment is expected to lead in terms of revenue share in the global market over the forecast period owing to the increasing demand for devices such as smartphones, high-end computers, and televisions. Across the globe, there are an estimated 6.648 billion smartphone users, indicating that 83.72% of the world’s population owns a smartphone. The growing demand for smartphones and other mobile devices is boosting the demand for SCARA robots in the electrical and electronics industries. These robots have a lot of flexibility and agility. SCARA robots are hard on the vertical axis yet flexible on the horizontal. Robots can aid the electronics industry owing to the combination of vision and force control technology as well.
The handling segment is expected to lead in terms of revenue share in the global market over the forecast period owing to increasing demand for automation in various sectors. SCARA robots are utilized in a variety of applications in factories, including handling, manufacturing, assembling, packing, sorting, and other areas where automation is applied. Every SCARA robot maker is aware of a wide range of tasks that robots must complete, which is why they are concentrating their efforts on finding novel ways to improve the robot’s performance.
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Emergen Research has segmented the global SCARA robot market on the basis of payload capacity, industry, application, and region:
Payload Capacity Outlook (Revenue, USD Million; 2022-2030)
Up to 5.00 kg
5.01-15.00 kg
More than 15.00 kg
Industry Outlook (Revenue, USD Million; 2022-2030)
Electrical & Electronics
Automotive
Metals & Machinery
Plastics, Rubbers, and Chemicals
Precision Engineering & Optics
Food & Beverages
Pharmaceuticals & Cosmetics
Others
Application Outlook (Revenue, USD Million; 2022-2030)
Handling
Assembling & Disassembling
Welding & Soldering
Processing
Dispensing
Others
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