Global Articulated Robots Market 2019-2024 | Evolving Opportunities with ABB anPosted by Manik on February 10th, 2020 Articulated Robots Market: SummaryThe Global Articulated Robots Market is estimated to reach USD 25.6 Billion in 2024 at a CAGR of 15.8%. Adoption of Industrial Internet of Things (IIOT) technology is expected to drive the articulated robots market during the forecast period. However, High initial investment cost is expected to restrain the market during the forecast period. Open automation architecture is expected to become an opportunity for articulated robots market. Articulated robot is a robot which has rotary joints. Number of rotary joints can vary from two to ten or more. Articulated robots enable articulated and interpolated movement to any extent within the work area. Some key players in articulated robots market are FANUC Corp., Yaskawa Electric Corp., ABB Ltd., Kawasaki Heavy Industries Ltd and Nachi-Fujikoshi Corp. among others. Articulated Robots Market: Report Synopsis This market research report offers a comprehensive analysis of key market trends in the global articulated robots market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks.
Articulated Robots Market: Report Segmentation For the scope of report, In-depth segmentation is offered by Forencis Research Articulated Robots Market by Axis
Articulated Robots Market by Component Hardware
Software
Articulated Robots Market by Load Capacity
Articulated Robots Market by Application
Articulated Robots Market by End Use Industry
Articulated Robots Market by Region Asia-Pacific
North America
Europe
Middle East and Africa
South America
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