Robot Arms Market
Robot Arms Market Study by Cartesian Robotic Arms, Cylindrical Robotic Arms, Polar/ Spherical Robotic Arms, SCARA Robotic Arms, Collaborative Arms, and Articulated Arms from 2023 to 2033
Analysis of Robot Arms Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Robot Arms Market Growth Outlook (2023-2033)
The global robot arms market is set to surpass a valuation of US$ 26.2 billion in 2023 and further expand at a CAGR of 11.4% to reach US$ 77.2 billion by the end of 2033.
Sales of robot arms accounted for around 67.9% of the overall global robots market at the end of 2022.
Report Attributes |
Details |
|
Robot Arms Market Size (2022A) |
US$ 23.2 Billion |
|
Estimated Market Value (2023E) |
US$ 26.2 Billion |
|
Forecasted Market Value (2033F) |
US$ 77.2 Billion |
|
Global Market Growth Rate (2023-2033) |
11.4% CAGR |
|
North America Market Share (2023) |
~ 18.2% |
|
North America Market Value (US$ Mn), 2023 |
US$ 4.7 Billion |
|
Europe Market Share (%), 2023 |
~22.2% |
|
Europe Market Value (US$ Mn), 2023 |
US$ 5.8 Billion |
|
China Market Share (%), 2023 |
~31.2% |
|
China Market Value (US$ Mn) |
US$ 8.1 Billion |
|
Top 3 country Market Share (%) |
~55.6% |
|
Key Companies Profiled |
|
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Sales Analysis of Robot Arms (2018-2022) Vs. Market Forecast Outlook (2023-2033)
As per the research by Fact.MR, from 2018 to 2022, the market value of robot arms increased at a rate of 6.2% CAGR, with U.S., China, Japan and Germany commanding high shares in the global market.
Robot arms are growing by thousands every year in manufacturing, logistics services and supply chain operations, and can be predicted that robot arms market may have a market value of US$ 26.2 Bn in 2023. One of the reasons for the growing use of robot arms is significantly rising customer demand, especially post pandemic. Robotic arms are not completely replacing human workers, instead are taking over mundane, routine jobs and providing assistance for companies with labor shortage issues.
The global market is expected to witness prominent growth with an overall absolute dollar opportunity accounting to US$ 53.9 Bn. Fact.MR estimates that the growth of the global robot arms market will be 2.9 times by 2033.
Robotic arms carry out assistance in high volume production of many industries including automotive, electronics, metal/ chemical production, material handling and even increasingly, food processing. The past market behavior of robot arms have been cyclic, characterized by periods of booms and busts. The market is now in a period of sustained growth, owing to developments in Asia, more specifically China.
Rising demand for advanced technologies such as machine learning and artificial intelligence are driving the demand for robotic arms. Growing demand for automation in the industries will further propel the sales of robot arms.
- Short Term (2023 Q1 to 2026): Labor shortage caused by the pandemic to improve the sales of robot arms.
- Medium Term (2026-2029): Increasing R&D investments and development of new technologies such as collaborative robots and AI-enabled robots would contribute to the increased sales of robot arms.
- Long Term (2029-2033): Emergence of Industry 5.0 to will improve long-term growth in the market.
Over the 2018-2022 historical period, the global robot arms market registered a CAGR of 6.2%, and according to the Fact.MR, a market research and competitive intelligence provider, the market is anticipated to exhibit growth at 11.4% CAGR between 2023 and 2033.
Market share analysis of robot arms based on application and region is provided in a nutshell in the above image. Under the application segment, the pick and place robot arms will dominate with 19.2% market share in 2023.
What’s Driving Demand for Robot Arms?
“Adoption of Robot Arms in Diverse End Use Sectors to Boost the Sales of Robot Arms”
From manufacturing to automotive to agriculture, robot arms are one of the most common types of robots used currently. Robot arms are flexible and can be programmed to do countless number of tasks in a variety of environments. They are employed in factories to automate implementation of repetitive jobs, in warehouses to move, turn, lift and maneuver items, in farm fields to pick and place fruits or vegetables.
Moreover, as business priorities change, robot arms can be repurposed for new activities easily or mounted onto different platform like a stationary assembly line platform, Autonomous Mobile Robots (AMR), or wall or shelves.
The capabilities of robotic arms expand to enable new use cases and business operation models as robotic technologies develop and industrial environments become more connected. As a result, the demand for robot arms is estimated to witness considerable growth in successive years for diverse end use applications.
“Integration of Advanced Technologies Propelling Robot Arms Market”
The rise in adoption of robotic arms with machine learning and artificial intelligence is positively influencing the market. AI allows robot arms to perform dynamic and intricate tasks for sophisticated operations with superhuman accuracy. For example, manufacturers incorporate AI for tasks that require computer vision and object recognition. Image recognition algorithm based on AI have incredible accuracy and allow robotic arms to perform operations such as locating and placing objects specific objects.
For instance, GXO Logistics Inc. is using a robotic arm with camera vision to fasten order fulfillment processes at warehouse in Netherlands. With more and more facilities increasingly relying on advanced technologies, robot arms is expected to witness a rising demand over the forecast period.
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What Concerns Should Robot Arms Manufacturers Watch Out For?
“High Initial Investment Costs to Hinder the Market Growth”
An industrial robot arm costs anywhere from US$ 25,000 to US$ 40,000; even though the price has dropped more than 25 percent since 2014 and is expected to drop an additional 22 percent by 2025. Moreover, with the addition of other peripherals like controllers, end of arm tooling (EOAT), a teach pendant and software, the cost goes even higher. The factors involved in the cost of a robot arm are robot size, application, number of axes, EOAT and safety components.
High capital investment is required to set up robot arms in automated facilities, which may discourage various end use industries from adopting robot arms in place of manual labor.
Small and medium-sized companies have relatively small budgets and cannot afford to spend high capital on the installation of robot arms, which will act as a restraint on the market. However, the true cost of operating a robot arm saves in labor costs and factor in more than just the initial cash outlay.
Country-wise Insights
What Makes Japan the Center Stage for Robot Arms?
Japan leads the globe in the robotics field with highly competitive research, development and applied technologies. The country has been a major adopter of robotic technology for long and started its rapid automation spree since 1990s.
Today, Japan has many leading global suppliers and boasts great technical know-how. Japan delivers 45% of industrial robot global supply and has a presence of leading manufacturers like Kawasaki, Fanuc, Yaskawa, Daifuku and SMC.
For instance, Telexistence Inc. a Tokyo based robotics company, announced a new partnership with FamilyMart, a Japanese convenience store chain to reshelf 300 stores with robot arms. Japan is predicted to hold a market share of 8% at global level in 2023 and is expected to reach a valuation of US$ 2.1 Bn owing to aforementioned factors.
How does China Fare in the Robot Arms Market?
China started the robotic technology fray from 2000 and accelerated the activities from 2012. China installed a significant number of robots in its factories in 2021 accelerating a rush to automate and consolidate its manufacturing dominance. In 2021, shipments of industrial robots to China rose by 45% compared to 2020. It is this rapid growth of China that has pushed the market into its growth super cycle.
The International Federation of Robotics data shows that China installed around twice as many new robots in factories compared to Americas and Europe. Due to the these factors, China is expected to reach a valuation of US$ 8.1 Bn by 2023 growing at a CAGR of 8.6% over forecast period.
Category-wise Insights
How Robot Arms for Healthcare as End Use Industry to be Focus for Manufacturers?
Robotic assisted surgery enables to receive sophisticated treatments with less downtime and enhances the capabilities of surgeon. The most widely used robotic arms include camera arm and mechanical arms with surgical instruments attached.
These robots are increasingly becoming better equipped with sensing tools. Robotic assisted surgery has become a key commercial reality over the past years and several companies have launched their products with approvals.
In 2023, the demand for robot arms for healthcare end use industry is predicted to have a market share of 16.3% and a market value of US$ 4.2 Bn and hence is expected to have a huge demand in the future as well.
How are Collaborative Arms Expected to Perform in the Market?
The market for collaborative robot arms have been experiencing high year-on-year growth and are also opening automation opportunities to small to medium-sized businesses.
Ensuing the success of early pioneers, the market has multiple products in collaborative arms and suppliers covering a wide spectrum of performance levels and price. It is also widely popular due to its key feature of safety since they are in close proximity with human.
Collaborative robot arms are predicted to have a market value of US$ 5.5 Bn by 2023 and is expected to capture nearly 21.3% of the demand in the robot arms market.
Competitive Landscape
Prominent manufacturers of the robot arms industry globally are ABB, Amazon, DENSO Robotics, EVS TECH CO., LTD, FANUC Corporation, Kawasaki Heavy Industries, Ltd., KUKA AG, Omron Corporation, Stäubli International AG, Universal Robots A/S and Yaskawa Electric Corporation.
Manufacturers of robot arms are developing robot arms with advances in artificial intelligence (AI), machine learning (ML), Internet of Things (IoT) and big data. For instance, in November 2022, Amazon launched “Sparrow”, a robotic arm that can perform repetitive warehouse tasks. Sparrow incorporates artificial intelligence and computer vision to move products before they are packaged.
Fact.MR has provided detailed information about the price points of key manufacturers of robot arms positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Robot Arms Industry Research
-
By Type :
- Cartesian Robotic Arms
- Cylindrical Robotic Arms
- Polar/ Spherical Robotic Arms
- SCARA Robotic Arms
- Collaborative Arms
- Articulated Arms
- Delta Robots
-
By Application :
- Palletizing
- Inspection
- Machining
- Material Handling
- Painting
- Pick and Place
- Surgical
- Welding
- Others
-
By End Use Industry :
- Aerospace
- Automotive
- Food and Beverages
- Healthcare
- Industrial Machinery
- Logistics & Supply Chain
- Pharmaceuticals
- Semiconductor and Electronics
- Other End Use Industries
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
1. Market - Executive Summary 2. Market Overview 2.1. Market Definition and Introduction 2.2. Market Taxonomy/ Research Scope 3. Market Background and Foundation Data 3.1. Global Robotics Market Outlook 3.2. Penetration of in Global Robotics Sector 3.3. Key Trends Impacting the Global Market 3.4. Growth & Development Pattern in Market 3.5. in Logistics & Supply Chain 3.6. Market White Space Assessment and Opportunity Analysis 3.7. Scenario Forecast 3.7.1. (Demand in optimistic, likely, and conservative market conditions) 3.8. Market Dynamics 3.8.1. Market Driving Factors and Impact Assessment 3.8.2. Prominent Market Challenges and Impact Assessment 3.8.3. Market Opportunities 3.8.4. Prominent Trends in the Global Market & Their Impact Assessment 3.9. Value Chain 3.9.1. List of Channel Partners Across the Supply Chain 3.9.2. Operating Margins at Each Node of Value Chain 3.9.3. Key Factors Influencing the Supply Chain 3.9.4. Notes on Value Added at Each Node in the Value Chain 4. Global Demand (Units) Analysis and Forecast 4.1. Historical Market Volume (Units) Analysis, 2018-2022 4.2. Current and Future Market Volume (Units) Projections, 2023-2033 4.3. Y-o-Y Volume Growth Trend Analysis 5. Global Market - Pricing Analysis 5.1. Product Type and Country-Level Pricing Analysis 5.2. Global Average Pricing Analysis Benchmark 5.3. Factors Influencing Pricing 6. Global Market Value (US$ million) Analysis and Forecast 6.1. Historical Market Value (US$ million) Analysis, 2018-2022 6.2. Current and Future Market Value (US$ million) Projections, 2023-2033 6.2.1. Y-o-Y Growth Trend Analysis 6.2.2. Absolute $ Opportunity Analysis 7. Global Market Analysis and Forecast, By Type 7.1. Introduction / Key Findings 7.2. Historical Market Size (US$ million) and Volume (Units) Analysis By Type, 2018-2022 7.3. Current and Future Market Size (US$ million) Analysis and Volume (Units) Forecast By Type, 2023-2033 7.3.1. Cartesian Robotic Arms 7.3.2. Cylindrical Robotic Arms 7.3.3. Polar/ Spherical Robotic Arms 7.3.4. SCARA Robotic Arms 7.3.5. Collaborative Arms 7.3.6. Articulated Arms 7.3.7. Delta Robots 7.4. Market Attractiveness Analysis By Type 8. Global Market Analysis and Forecast, By Application 8.1. Introduction / Key Findings 8.2. Historical Market Size (US$ million) and Volume (Units) Analysis By Application , 2018-2022 8.3. Current and Future Market Size (US$ million) Analysis and Volume (Units) Forecast By Application , 2023-2033 8.3.1. Palletizing 8.3.2. Inspection 8.3.3. Machining 8.3.4. Material Handling 8.3.5. Painting 8.3.6. Pick and Place 8.3.7. Surgical 8.3.8. Welding 8.3.9. Others 8.4. Market Attractiveness Analysis By Application 9. Global Market Analysis and Forecast, By End Use Industry 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ million) and Volume (Units) Analysis By End Use Industry , 2018-2022 9.3. Current and Future Market Size (US$ million) Analysis and Volume (Units) Forecast By End Use Industry , 2023-2033 9.3.1. Aerospace 9.3.2. Automotive 9.3.3. Food and Beverages 9.3.4. Healthcare 9.3.5. Industrial Machinery 9.3.6. Logistics & Supply Chain 9.3.7. Pharmaceuticals 9.3.8. Semiconductor and Electronics 9.3.9. Other End Use Industries 9.4. Market Attractiveness Analysis By End Use Industry 10. Global Market Analysis and Forecast, By Region 10.1. Introduction 10.2. Historical Market Size (US$ million) and Volume (Units) Analysis By Region, 2018-2022 10.3. Current Market Size (US$ million) Analysis and Volume (Units) Forecast By Region, 2023-2033 10.3.1. North America 10.3.2. Latin America 10.3.3. Europe 10.3.4. East Asia 10.3.5. South Asia & Oceania 10.3.6. Middle East & Africa 10.4. Market Attractiveness Analysis By Region 11. North America Market Analysis and Forecast 11.1. Introduction / Key Findings 11.2. Pricing Analysis 11.3. Historical Market Size (US$ million) and Volume (Units) Trend Analysis By Market Taxonomy, 2018-2022 11.4. Market Size (US$ million) and Volume (Units) Forecast By Market Taxonomy, 2023 - 2033 11.4.1. By Country 11.4.1.1. U.S. 11.4.1.2. Canada 11.4.2. By Type 11.4.3. By Application 11.4.4. By End Use Industry 11.5. Market Attractiveness Analysis 11.5.1. By Country 11.5.2. By Type 11.5.3. By Application 11.5.4. By End Use Industry 12. Latin America Market Analysis and Forecast 12.1. Introduction / Key Findings 12.2. Pricing Analysis 12.3. Historical Market Size (US$ million) and Volume (Units) Trend Analysis By Market Taxonomy, 2018-2022 12.4. Market Size (US$ million) and Volume (Units) Forecast By Market Taxonomy, 2023 - 2033 12.4.1. By Country 12.4.1.1. Brazil 12.4.1.2. Mexico 12.4.1.3. Argentina 12.4.1.4. Rest of Latin America 12.4.2. By Type 12.4.3. By Application 12.4.4. By End Use Industry 12.5. Market Attractiveness Analysis 12.5.1. By Country 12.5.2. By Type 12.5.3. By Application 12.5.4. By End Use Industry 13. Europe Market Analysis and Forecast 13.1. Introduction / Key Findings 13.2. Pricing Analysis 13.3. Historical Market Size (US$ million) and Volume (Units) Trend Analysis By Market Taxonomy, 2018-2022 13.4. Market Size (US$ million) and Volume (Units) Forecast By Market Taxonomy, 2023 - 2033 13.4.1. By Country 13.4.1.1. Germany 13.4.1.2. France 13.4.1.3. Italy 13.4.1.4. Spain 13.4.1.5. U.K. 13.4.1.6. BENELUX 13.4.1.7. Russia 13.4.1.8. Rest of Europe 13.4.2. By Type 13.4.3. By Application 13.4.4. By End Use Industry 13.5. Market Attractiveness Analysis 13.5.1. By Country 13.5.2. By Type 13.5.3. By Application 13.5.4. By End Use Industry 14. East Asia Market Analysis and Forecast 14.1. Introduction / Key Findings 14.2. Pricing Analysis 14.3. Historical Market Size (US$ million) and Volume (Units) Trend Analysis By Market Taxonomy, 2018-2022 14.4. Market Size (US$ million) and Volume (Units) Forecast By Market Taxonomy, 2023 - 2033 14.4.1. By Country 14.4.1.1. China 14.4.1.2. Japan 14.4.1.3. South Korea 14.4.2. By Type 14.4.3. By Application 14.4.4. By End Use Industry 14.5. Market Attractiveness Analysis 14.5.1. By Country 14.5.2. By Type 14.5.3. By Application 14.5.4. By End Use Industry 15. South Asia & Oceania Market Analysis and Forecast 15.1. Introduction / Key Findings 15.2. Pricing Analysis 15.3. Historical Market Size (US$ million) and Volume (Units) Trend Analysis By Market Taxonomy, 2018-2022 15.4. Market Size (US$ million) and Volume (Units) Forecast By Market Taxonomy, 2023 - 2033 15.4.1. By Country 15.4.1.1. India 15.4.1.2. Thailand 15.4.1.3. Indonesia 15.4.1.4. Malaysia 15.4.1.5. Australia 15.4.1.6. New Zealand 15.4.1.7. Rest of South Asia & Oceania 15.4.2. By Type 15.4.3. By Application 15.4.4. By End Use Industry 15.5. Market Attractiveness Analysis 15.5.1. By Country 15.5.2. By Type 15.5.3. By Application 15.5.4. By End Use Industry 16. Middle East & Africa Market Analysis and Forecast 16.1. Introduction / Key Findings 16.2. Pricing Analysis 16.3. Historical Market Size (US$ million) and Volume (Units) Trend Analysis By Market Taxonomy, 2018-2022 16.4. Market Size (US$ million) and Volume (Units) Forecast By Market Taxonomy, 2023 - 2033 16.4.1. By Country 16.4.1.1. GCC Countries 16.4.1.2. South Africa 16.4.1.3. Northern Africa 16.4.1.4. Turkey 16.4.1.5. Rest of Middle East & Africa 16.4.2. By Type 16.4.3. By Application 16.4.4. By End Use Industry 16.5. Market Attractiveness Analysis 16.5.1. By Country 16.5.2. By Type 16.5.3. By Application 16.5.4. By End Use Industry 17. Country-level Market Analysis and Forecast 17.1. Introduction / Key Findings 17.1.1. Market Value Proportion Analysis, By Key Countries 17.1.2. Global Vs. Country Growth Comparison 17.2. US Market Analysis 17.2.1. Value Proportion Analysis by Market Taxonomy 17.2.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.2.2.1. By Type 17.2.2.2. By Application 17.2.2.3. By End Use Industry 17.3. Canada Market Analysis 17.3.1. Value Proportion Analysis by Market Taxonomy 17.3.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.3.2.1. By Type 17.3.2.2. By Application 17.3.2.3. By End Use Industry 17.4. Brazil Market Analysis 17.4.1. Value Proportion Analysis by Market Taxonomy 17.4.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.4.2.1. By Type 17.4.2.2. By Application 17.4.2.3. By End Use Industry 17.5. Mexico Market Analysis 17.5.1. Value Proportion Analysis by Market Taxonomy 17.5.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.5.2.1. By Type 17.5.2.2. By Application 17.5.2.3. By End Use Industry 17.6. Argentina Market Analysis 17.6.1. Value Proportion Analysis by Market Taxonomy 17.6.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.6.2.1. By Type 17.6.2.2. By Application 17.6.2.3. By End Use Industry 17.7. Germany Market Analysis 17.7.1. Value Proportion Analysis by Market Taxonomy 17.7.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.7.2.1. By Type 17.7.2.2. By Application 17.7.2.3. By End Use Industry 17.8. France Market Analysis 17.8.1. Value Proportion Analysis by Market Taxonomy 17.8.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.8.2.1. By Type 17.8.2.2. By Application 17.8.2.3. By End Use Industry 17.9. Italy Market Analysis 17.9.1. Value Proportion Analysis by Market Taxonomy 17.9.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.9.2.1. By Type 17.9.2.2. By Application 17.9.2.3. By End Use Industry 17.10. Spain Market Analysis 17.10.1. Value Proportion Analysis by Market Taxonomy 17.10.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.10.2.1. By Type 17.10.2.2. By Application 17.10.2.3. By End Use Industry 17.11. U.K. Market Analysis 17.11.1. Value Proportion Analysis by Market Taxonomy 17.11.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.11.2.1. By Type 17.11.2.2. By Application 17.11.2.3. By End Use Industry 17.12. BENELUX Market Analysis 17.12.1. Value Proportion Analysis by Market Taxonomy 17.12.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.12.2.1. By Type 17.12.2.2. By Application 17.12.2.3. By End Use Industry 17.13. Russia Market Analysis 17.13.1. Value Proportion Analysis by Market Taxonomy 17.13.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.13.2.1. By Type 17.13.2.2. By Application 17.13.2.3. By End Use Industry 17.14. Rest of Europe Market Analysis 17.14.1. Value Proportion Analysis by Market Taxonomy 17.14.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.14.2.1. By Type 17.14.2.2. By Application 17.14.2.3. By End Use Industry 17.15. China Market Analysis 17.15.1. Value Proportion Analysis by Market Taxonomy 17.15.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.15.2.1. By Type 17.15.2.2. By Application 17.15.2.3. By End Use Industry 17.16. Japan Market Analysis 17.16.1. Value Proportion Analysis by Market Taxonomy 17.16.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.16.2.1. By Type 17.16.2.2. By Application 17.16.2.3. By End Use Industry 17.17. South Korea Market Analysis 17.17.1. Value Proportion Analysis by Market Taxonomy 17.17.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.17.2.1. By Type 17.17.2.2. By Application 17.17.2.3. By End Use Industry 17.18. India Market Analysis 17.18.1. Value Proportion Analysis by Market Taxonomy 17.18.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.18.2.1. By Type 17.18.2.2. By Application 17.18.2.3. By End Use Industry 17.19. Thailand Countries Market Analysis 17.19.1. Value Proportion Analysis by Market Taxonomy 17.19.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.19.2.1. By Type 17.19.2.2. By Application 17.19.2.3. By End Use Industry 17.20. Indonesia Countries Market Analysis 17.20.1. Value Proportion Analysis by Market Taxonomy 17.20.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.20.2.1. By Type 17.20.2.2. By Application 17.20.2.3. By End Use Industry 17.21. Malaysia Countries Market Analysis 17.21.1. Value Proportion Analysis by Market Taxonomy 17.21.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.21.2.1. By Type 17.21.2.2. By Application 17.21.2.3. By End Use Industry 17.22. Australia Market Analysis 17.22.1. Value Proportion Analysis by Market Taxonomy 17.22.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.22.2.1. By Type 17.22.2.2. By Application 17.22.2.3. By End Use Industry 17.23. New Zealand Countries Market Analysis 17.23.1. Value Proportion Analysis by Market Taxonomy 17.23.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.23.2.1. By Type 17.23.2.2. By Application 17.23.2.3. By End Use Industry 17.24. GCC Countries Market Analysis 17.24.1. Value Proportion Analysis by Market Taxonomy 17.24.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.24.2.1. By Type 17.24.2.2. By Application 17.24.2.3. By End Use Industry 17.25. South Africa Market Analysis 17.25.1. Value Proportion Analysis by Market Taxonomy 17.25.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.25.2.1. By Type 17.25.2.2. By Application 17.25.2.3. By End Use Industry 17.26. Northern Africa Market Analysis 17.26.1. Value Proportion Analysis by Market Taxonomy 17.26.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.26.2.1. By Type 17.26.2.2. By Application 17.26.2.3. By End Use Industry 17.27. Turkey Market Analysis 17.27.1. Value Proportion Analysis by Market Taxonomy 17.27.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.27.2.1. By Type 17.27.2.2. By Application 17.27.2.3. By End Use Industry 17.28. Rest of Middle East and Africa Market Analysis 17.28.1. Value Proportion Analysis by Market Taxonomy 17.28.2. Volume (Units) and Value (US$ million) Analysis and Forecast by Market Taxonomy, 2018-2033 17.28.2.1. By Type 17.28.2.2. By Application 17.28.2.3. By End Use Industry 18. Market Structure Analysis 18.1. Market Analysis by Tier of Companies 18.2. Market Concentration of Players 18.3. Market Share Analysis of Top Players 18.4. Market Presence Analysis 19. Competition Analysis 19.1. Competition Dashboard 19.2. Competition Benchmarking of Products 19.3. Competition Deep Dive: 19.3.1. ABB 19.3.1.1. Overview 19.3.1.2. Product Portfolio 19.3.1.3. Key Financials 19.3.1.4. Sales Footprint 19.3.1.5. SWOT Analysis 19.3.1.6. Key Developments 19.3.1.7. Strategy Overview 19.3.2. Amazon 19.3.2.1. Overview 19.3.2.2. Product Portfolio 19.3.2.3. Key Financials 19.3.2.4. Sales Footprint 19.3.2.5. SWOT Analysis 19.3.2.6. Key Developments 19.3.2.7. Strategy Overview 19.3.3. DENSO Robotics 19.3.3.1. Overview 19.3.3.2. Product Portfolio 19.3.3.3. Key Financials 19.3.3.4. Sales Footprint 19.3.3.5. SWOT Analysis 19.3.3.6. Key Developments 19.3.3.7. Strategy Overview 19.3.4. EVS TECH CO., LTD 19.3.4.1. Overview 19.3.4.2. Product Portfolio 19.3.4.3. Key Financials 19.3.4.4. Sales Footprint 19.3.4.5. SWOT Analysis 19.3.4.6. Key Developments 19.3.4.7. Strategy Overview 19.3.5. FANUC Corporation 19.3.5.1. Overview 19.3.5.2. Product Portfolio 19.3.5.3. Key Financials 19.3.5.4. Sales Footprint 19.3.5.5. SWOT Analysis 19.3.5.6. Key Developments 19.3.5.7. Strategy Overview 19.3.6. Kawasaki Heavy Industries, Ltd. 19.3.6.1. Overview 19.3.6.2. Product Portfolio 19.3.6.3. Key Financials 19.3.6.4. Sales Footprint 19.3.6.5. SWOT Analysis 19.3.6.6. Key Developments 19.3.6.7. Strategy Overview 19.3.7. KUKA AG 19.3.7.1. Overview 19.3.7.2. Product Portfolio 19.3.7.3. Key Financials 19.3.7.4. Sales Footprint 19.3.7.5. SWOT Analysis 19.3.7.6. Key Developments 19.3.7.7. Strategy Overview 19.3.8. Omron Corporation 19.3.8.1. Overview 19.3.8.2. Product Portfolio 19.3.8.3. Key Financials 19.3.8.4. Sales Footprint 19.3.8.5. SWOT Analysis 19.3.8.6. Key Developments 19.3.8.7. Strategy Overview 19.3.9. Stäubli International AG 19.3.9.1. Overview 19.3.9.2. Product Portfolio 19.3.9.3. Key Financials 19.3.9.4. Sales Footprint 19.3.9.5. SWOT Analysis 19.3.9.6. Key Developments 19.3.9.7. Strategy Overview 19.3.10. Universal Robots A/S 19.3.10.1. Overview 19.3.10.2. Product Portfolio 19.3.10.3. Key Financials 19.3.10.4. Sales Footprint 19.3.10.5. SWOT Analysis 19.3.10.6. Key Developments 19.3.10.7. Strategy Overview 19.3.11. Yaskawa Electric Corporation 19.3.11.1. Overview 19.3.11.2. Product Portfolio 19.3.11.3. Key Financials 19.3.11.4. Sales Footprint 19.3.11.5. SWOT Analysis 19.3.11.6. Key Developments 19.3.11.7. Strategy Overview 20. Assumptions & Acronyms Used 21. Research Methodology
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List Of Table
Table 1. Global Market Value (US$ million) and Forecast by Region, 2018-2022
Table 2. Global Market Value (US$ million) and Forecast by Region, 2023-2033
Table 3. Global Market Volume (Units) and Forecast by Region, 2018-2022
Table 4. Global Market Volume (Units) and Forecast by Region, 2023-2033
Table 5. Global Market Value (US$ million) and Forecast By Type, 2018-2022
Table 6. Global Market Value (US$ million) and Forecast By Type, 2023-2033
Table 7. Global Market Volume (Units) and Forecast By Type, 2018-2022
Table 8. Global Market Volume (Units) and Forecast By Type, 2023-2033
Table 9. Global Market Value (US$ million) and Forecast By Application, 2018-2022
Table 10. Global Market Value (US$ million) and Forecast By Application, 2023-2033
Table 11. Global Market Volume (Units) and Forecast By Application, 2018-2022
Table 12. Global Market Volume (Units) and Forecast By Application, 2023-2033
Table 13. Global Market Value (US$ million) and Forecast By End Use Industry, 2018-2022
Table 14. Global Market Value (US$ million) and Forecast By End Use Industry, 2023-2033
Table 15. Global Market Volume (Units) and Forecast By End Use Industry, 2018-2022
Table 16. Global Market Volume (Units) and Forecast By End Use Industry, 2023-2033
Table 17. North America Market Value (US$ million) and Forecast by Country, 2018-2022
Table 18. North America Market Value (US$ million) and Forecast by Country, 2023-2033
Table 19. North America Market Volume (Units) and Forecast by Country, 2018-2022
Table 20. North America Market Volume (Units) and Forecast by Country, 2023-2033
Table 21. North America Market Value (US$ million) and Forecast By Type, 2018-2022
Table 22. North America Market Value (US$ million) and Forecast By Type, 2023-2033
Table 23. North America Market Volume (Units) and Forecast By Type, 2018-2022
Table 24. North America Market Volume (Units) and Forecast By Type, 2023-2033
Table 25. North America Market Value (US$ million) and Forecast By Application, 2018-2022
Table 26. North America Market Value (US$ million) and Forecast By Application, 2023-2033
Table 27. North America Market Volume (Units) and Forecast By Application, 2018-2022
Table 28. North America Market Volume (Units) and Forecast By Application, 2023-2033
Table 29. North America Market Value (US$ million) and Forecast By End Use Industry, 2018-2022
Table 30. North America Market Value (US$ million) and Forecast By End Use Industry, 2023-2033
Table 31. North America Market Volume (Units) and Forecast By End Use Industry, 2018-2022
Table 32. North America Market Volume (Units) and Forecast By End Use Industry, 2023-2033
Table 33. Latin America Market Value (US$ million) and Forecast by Country, 2018-2022
Table 34. Latin America Market Value (US$ million) and Forecast by Country, 2023-2033
Table 35. Latin America Market Volume (Units) and Forecast by Country, 2018-2022
Table 36. Latin America Market Volume (Units) and Forecast by Country, 2023-2033
Table 37. Latin America Market Value (US$ million) and Forecast By Type, 2018-2022
Table 38. Latin America Market Value (US$ million) and Forecast By Type, 2023-2033
Table 39. Latin America Market Volume (Units) and Forecast By Type, 2018-2022
Table 40. Latin America Market Volume (Units) and Forecast By Type, 2023-2033
Table 41. Latin America Market Value (US$ million) and Forecast By Application, 2018-2022
Table 42. Latin America Market Value (US$ million) and Forecast By Application, 2023-2033
Table 43. Latin America Market Volume (Units) and Forecast By Application, 2018-2022
Table 44. Latin America Market Volume (Units) and Forecast By Application, 2023-2033
Table 45. Latin America Market Value (US$ million) and Forecast By End Use Industry, 2018-2022
Table 46. Latin America Market Value (US$ million) and Forecast By End Use Industry, 2023-2033
Table 47. Latin America Market Volume (Units) and Forecast By End Use Industry, 2018-2022
Table 48. Latin America Market Volume (Units) and Forecast By End Use Industry, 2023-2033
Table 49. Europe Market Value (US$ million) and Forecast by Country, 2018-2022
Table 50. Europe Market Value (US$ million) and Forecast by Country, 2023-2033
Table 51. Europe Market Volume (Units) and Forecast by Country, 2018-2022
Table 52. Europe Market Volume (Units) and Forecast by Country, 2023-2033
Table 53. Europe Market Value (US$ million) and Forecast By Type, 2018-2022
Table 54. Europe Market Value (US$ million) and Forecast By Type, 2023-2033
Table 55. Europe Market Volume (Units) and Forecast By Type, 2018-2022
Table 56. Europe Market Volume (Units) and Forecast By Type, 2023-2033
Table 57. Europe Market Value (US$ million) and Forecast By Application, 2018-2022
Table 58. Europe Market Value (US$ million) and Forecast By Application, 2023-2033
Table 59. Europe Market Volume (Units) and Forecast By Application, 2018-2022
Table 60. Europe Market Volume (Units) and Forecast By Application, 2023-2033
Table 61. Europe Market Value (US$ million) and Forecast By End Use Industry, 2018-2022
Table 62. Europe Market Value (US$ million) and Forecast By End Use Industry, 2023-2033
Table 63. Europe Market Volume (Units) and Forecast By End Use Industry, 2018-2022
Table 64. Europe Market Volume (Units) and Forecast By End Use Industry, 2023-2033
Table 65. East Asia Market Value (US$ million) and Forecast by Country, 2018-2022
Table 66. East Asia Market Value (US$ million) and Forecast by Country, 2023-2033
Table 67. East Asia Market Volume (Units) and Forecast by Country, 2018-2022
Table 68. East Asia Market Volume (Units) and Forecast by Country, 2023-2033
Table 69. East Asia Market Value (US$ million) and Forecast By Type, 2018-2022
Table 70. East Asia Market Value (US$ million) and Forecast By Type, 2023-2033
Table 71. East Asia Market Volume (Units) and Forecast By Type, 2018-2022
Table 72. East Asia Market Volume (Units) and Forecast By Type, 2023-2033
Table 73. East Asia Market Value (US$ million) and Forecast By Application, 2018-2022
Table 74. East Asia Market Value (US$ million) and Forecast By Application, 2023-2033
Table 75. East Asia Market Volume (Units) and Forecast By Application, 2018-2022
Table 76. East Asia Market Volume (Units) and Forecast By Application, 2023-2033
Table 77. East Asia Market Value (US$ million) and Forecast By End Use Industry, 2018-2022
Table 78. East Asia Market Value (US$ million) and Forecast By End Use Industry, 2023-2033
Table 79. East Asia Market Volume (Units) and Forecast By End Use Industry, 2018-2022
Table 80. East Asia Market Volume (Units) and Forecast By End Use Industry, 2023-2033
Table 81. South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2018-2022
Table 82. South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2023-2033
Table 83. South Asia & Oceania Market Volume (Units) and Forecast by Country, 2018-2022
Table 84. South Asia & Oceania Market Volume (Units) and Forecast by Country, 2023-2033
Table 85. South Asia & Oceania Market Value (US$ million) and Forecast By Type, 2018-2022
Table 86. South Asia & Oceania Market Value (US$ million) and Forecast By Type, 2023-2033
Table 87. South Asia & Oceania Market Volume (Units) and Forecast By Type, 2018-2022
Table 88. South Asia & Oceania Market Volume (Units) and Forecast By Type, 2023-2033
Table 89. South Asia & Oceania Market Value (US$ million) and Forecast By Application, 2018-2022
Table 90. South Asia & Oceania Market Value (US$ million) and Forecast By Application, 2023-2033
Table 91. South Asia & Oceania Market Volume (Units) and Forecast By Application, 2018-2022
Table 92. South Asia & Oceania Market Volume (Units) and Forecast By Application, 2023-2033
Table 93. South Asia & Oceania Market Value (US$ million) and Forecast By End Use Industry, 2018-2022
Table 94. South Asia & Oceania Market Value (US$ million) and Forecast By End Use Industry, 2023-2033
Table 95. South Asia & Oceania Market Volume (Units) and Forecast By End Use Industry, 2018-2022
Table 96. South Asia & Oceania Market Volume (Units) and Forecast By End Use Industry, 2023-2033
Table 97. MEA Market Value (US$ million) and Forecast by Country, 2018-2022
Table 98. MEA Market Value (US$ million) and Forecast by Country, 2023-2033
Table 99. MEA Market Volume (Units) and Forecast by Country, 2018-2022
Table 100. MEA Market Volume (Units) and Forecast by Country, 2023-2033
Table 101. MEA Market Value (US$ million) and Forecast By Type, 2018-2022
Table 102. MEA Market Value (US$ million) and Forecast By Type, 2023-2033
Table 103. MEA Market Volume (Units) and Forecast By Type, 2018-2022
Table 104. MEA Market Volume (Units) and Forecast By Type, 2023-2033
Table 105. MEA Market Value (US$ million) and Forecast By Application, 2018-2022
Table 106. MEA Market Value (US$ million) and Forecast By Application, 2023-2033
Table 107. MEA Market Volume (Units) and Forecast By Application, 2018-2022
Table 108. MEA Market Volume (Units) and Forecast By Application, 2023-2033
Table 109. MEA Market Value (US$ million) and Forecast By End Use Industry, 2018-2022
Table 110. MEA Market Value (US$ million) and Forecast By End Use Industry, 2023-2033
Table 111. MEA Market Volume (Units) and Forecast By End Use Industry, 2018-2022
Table 112. MEA Market Volume (Units) and Forecast By End Use Industry, 2023-2033
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List Of Figures
Figure 1. Global Market Value (US$ million) and Volume (Units) Forecast, 2023-2033
Figure 2. Global Market Absolute $ Opportunity (US$ million), 2023-2033
Figure 3. Global Market Value (US$ million) and Volume (Units) by Region, 2023 & 2033
Figure 4. Global Market Y-o-Y Growth Rate by Region, 2023-2033
Figure 5. Global Market Value (US$ million) and Volume (Units) By Type, 2023 & 2033
Figure 6. Global Market Y-o-Y Growth Rate By Type, 2023-2033
Figure 7. Global Market Value (US$ million) and Volume (Units) By Application, 2023 & 2033
Figure 8. Global Market Y-o-Y Growth Rate By Application, 2023-2033
Figure 9. Global Market Value (US$ million) and Volume (Units) By End Use Industry, 2023 & 2033
Figure 10. Global Market Y-o-Y Growth Rate By End Use Industry, 2023-2033
Figure 11. North America Market Value (US$ million) and Volume (Units) Forecast, 2023-2033
Figure 12. North America Market Absolute $ Opportunity (US$ million), 2023-2033
Figure 13. North America Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033
Figure 14. North America Market Y-o-Y Growth Rate by Country, 2023-2033
Figure 15. North America Market Value (US$ million) and Volume (Units) By Type, 2023 & 2033
Figure 16. North America Market Y-o-Y Growth Rate By Type, 2023-2033
Figure 17. North America Market Value (US$ million) and Volume (Units) By Application, 2023 & 2033
Figure 18. North America Market Y-o-Y Growth Rate By Application, 2023-2033
Figure 19. North America Market Value (US$ million) and Volume (Units) By End Use Industry, 2023 & 2033
Figure 20. North America Market Y-o-Y Growth Rate By End Use Industry, 2023-2033
Figure 21. North America Market Attractiveness Analysis by Country, 2023-2033
Figure 22. North America Market Attractiveness Analysis By Type, 2023-2033
Figure 23. North America Market Attractiveness Analysis By Application, 2023-2033
Figure 24. North America Market Attractiveness Analysis By End Use Industry, 2023-2033
Figure 25. Latin America Market Value (US$ million) and Volume (Units) Forecast, 2023-2033
Figure 26. Latin America Market Absolute $ Opportunity (US$ million), 2023-2033
Figure 27. Latin America Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033
Figure 28. Latin America Market Y-o-Y Growth Rate by Country, 2023-2033
Figure 29. Latin America Market Value (US$ million) and Volume (Units) By Type, 2023 & 2033
Figure 30. Latin America Market Y-o-Y Growth Rate By Type, 2023-2033
Figure 31. Latin America Market Value (US$ million) and Volume (Units) By Application, 2023 & 2033
Figure 32. Latin America Market Y-o-Y Growth Rate By Application, 2023-2033
Figure 33. Latin America Market Value (US$ million) and Volume (Units) By End Use Industry, 2023 & 2033
Figure 34. Latin America Market Y-o-Y Growth Rate By End Use Industry, 2023-2033
Figure 35. Latin America Market Attractiveness Analysis by Country, 2023-2033
Figure 36. Latin America Market Attractiveness Analysis By Type, 2023-2033
Figure 37. Latin America Market Attractiveness Analysis By Application, 2023-2033
Figure 38. Latin America Market Attractiveness Analysis By End Use Industry, 2023-2033
Figure 39. Europe Market Value (US$ million) and Volume (Units) Forecast, 2023-2033
Figure 40. Europe Market Absolute $ Opportunity (US$ million), 2023-2033
Figure 41. Europe Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033
Figure 42. Europe Market Y-o-Y Growth Rate by Country, 2023-2033
Figure 43. Europe Market Value (US$ million) and Volume (Units) By Type, 2023 & 2033
Figure 44. Europe Market Y-o-Y Growth Rate By Type, 2023-2033
Figure 45. Europe Market Value (US$ million) and Volume (Units) By Application, 2023 & 2033
Figure 46. Europe Market Y-o-Y Growth Rate By Application, 2023-2033
Figure 47. Europe Market Value (US$ million) and Volume (Units) By End Use Industry, 2023 & 2033
Figure 48. Europe Market Y-o-Y Growth Rate By End Use Industry, 2023-2033
Figure 49. Europe Market Attractiveness Analysis by Country, 2023-2033
Figure 50. Europe Market Attractiveness Analysis By Type, 2023-2033
Figure 51. Europe Market Attractiveness Analysis By Application, 2023-2033
Figure 52. Europe Market Attractiveness Analysis By End Use Industry, 2023-2033
Figure 53. East Asia Market Value (US$ million) and Volume (Units) Forecast, 2023-2033
Figure 54. East Asia Market Absolute $ Opportunity (US$ million), 2023-2033
Figure 55. East Asia Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033
Figure 56. East Asia Market Y-o-Y Growth Rate by Country, 2023-2033
Figure 57. East Asia Market Value (US$ million) and Volume (Units) By Type, 2023 & 2033
Figure 58. East Asia Market Y-o-Y Growth Rate By Type, 2023-2033
Figure 59. East Asia Market Value (US$ million) and Volume (Units) By Application, 2023 & 2033
Figure 60. East Asia Market Y-o-Y Growth Rate By Application, 2023-2033
Figure 61. East Asia Market Value (US$ million) and Volume (Units) By End Use Industry, 2023 & 2033
Figure 62. East Asia Market Y-o-Y Growth Rate By End Use Industry, 2023-2033
Figure 63. East Asia Market Attractiveness Analysis by Country, 2023-2033
Figure 64. East Asia Market Attractiveness Analysis By Type, 2023-2033
Figure 65. East Asia Market Attractiveness Analysis By Application, 2023-2033
Figure 66. East Asia Market Attractiveness Analysis By End Use Industry, 2023-2033
Figure 67. South Asia & Oceania Market Value (US$ million) and Volume (Units) Forecast, 2023-2033
Figure 68. South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023-2033
Figure 69. South Asia & Oceania Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033
Figure 70. South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2023-2033
Figure 71. South Asia & Oceania Market Value (US$ million) and Volume (Units) By Type, 2023 & 2033
Figure 72. South Asia & Oceania Market Y-o-Y Growth Rate By Type, 2023-2033
Figure 73. South Asia & Oceania Market Value (US$ million) and Volume (Units) By Application, 2023 & 2033
Figure 74. South Asia & Oceania Market Y-o-Y Growth Rate By Application, 2023-2033
Figure 75. South Asia & Oceania Market Value (US$ million) and Volume (Units) By End Use Industry, 2023 & 2033
Figure 76. South Asia & Oceania Market Y-o-Y Growth Rate By End Use Industry, 2023-2033
Figure 77. South Asia & Oceania Market Attractiveness Analysis by Country, 2023-2033
Figure 78. South Asia & Oceania Market Attractiveness Analysis By Type, 2023-2033
Figure 79. South Asia & Oceania Market Attractiveness Analysis By Application, 2023-2033
Figure 80. South Asia & Oceania Market Attractiveness Analysis By End Use Industry, 2023-2033
Figure 81. MEA Market Value (US$ million) and Volume (Units) Forecast, 2023-2033
Figure 82. MEA Market Absolute $ Opportunity (US$ million), 2023-2033
Figure 83. MEA Market Value (US$ million) and Volume (Units) by Country, 2023 & 2033
Figure 84. MEA Market Y-o-Y Growth Rate by Country, 2023-2033
Figure 85. MEA Market Value (US$ million) and Volume (Units) By Type, 2023 & 2033
Figure 86. MEA Market Y-o-Y Growth Rate By Type, 2023-2033
Figure 87. MEA Market Value (US$ million) and Volume (Units) By Application, 2023 & 2033
Figure 88. MEA Market Y-o-Y Growth Rate By Application, 2023-2033
Figure 89. MEA Market Value (US$ million) and Volume (Units) By End Use Industry, 2023 & 2033
Figure 90. MEA Market Y-o-Y Growth Rate By End Use Industry, 2023-2033
Figure 91. MEA Market Attractiveness Analysis by Country, 2023-2033
Figure 92. MEA Market Attractiveness Analysis By Type, 2023-2033
Figure 93. MEA Market Attractiveness Analysis By Application, 2023-2033
Figure 94. MEA Market Attractiveness Analysis By End Use Industry, 2023-2033
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- FAQs -
What would be the global robot arms market size in 2023?
The global robot arms market will be valued at US$ 26.2 billion in 2023.
Which country will have the highest market value for robot arms market in 2023?
China is estimated to have the highest market value of US$ 8.1 Bn in 2023.
What will be the market share of US in 2023 for robot arms market?
US is predicted to hold a 16.4% share of global robot arms market in 2023.
Which type of robot arms will hold the highest market share in 2023?
Collaborative robot arms is predicted to account for 21.3% share of global sales in 2023.
How much market share will material handling robot arms under application segment capture in 2023?
Material handling robot arms under application segment is expected to hold a market share of around 16.1% in 2023.
How far is the global demand expected to reach over the forecasted period?
Worldwide demand for robot arms is anticipated to reach US$ 77.2 billion by 2033-end.
What was the last 5 year’s market CAGR?
During 2018-2022, sales of robot arms increased at 6.2% CAGR.
Robot Arms Market