Industrial Robotic Arms Market is projected to expand at a steady CAGR over the forecast by 2031 | Kuka AG, Fanuc Corporation, Yaskawa Electric Corporation

New York, An Industrial robotic arm is a type of robot that is specifically designed for use in an industrial setting. These robots are typically used for tasks such as welding, fabricating, and assembling. Industrial robotic arms are often much larger and more powerful than other types of robots, and they are typically mounted on a fixed base or track.

Get Access to A Free Sample Copy of Our Latest Report – https://www.globalinsightservices.com/request-sample/GIS24165/

Key Trends

Some of the key trends in industrial robotic arms technology include:

1. Increased accuracy and precision: Industrial robotic arms are becoming increasingly accurate and precise, thanks to advances in sensors and actuators. This is allowing them to be used for more delicate tasks such as handling delicate electronics or delicate medical instruments.

2. Increased payload capacity: Another trend is the increased payload capacity of industrial robotic arms. This is thanks to the use of stronger and lighter materials in their construction. This means that they can now handle heavier loads, which is ideal for applications such as assembly line work or warehouse logistics.

Key Drivers

The industrial robotics arms market is expected to grow significantly in the next few years. The key drivers of this market are increasing labor costs, shortage of skilled labor, and increasing demand for automation in various industries.

The rising labor costs across the globe are one of the major factors driving the growth of the industrial robotics arms market. The ever-increasing labor costs are making it difficult for companies to maintain their profit margins.

Market Segmentation

By Type

  • Articulated
  • Spherical
  • Cylindrical
  • Others

By Application

  • Materials Handling
  • Cutting
  • Processing

Free Customization Available – https://www.globalinsightservices.com/request-customization/GIS24165

Key Players

  • Kuka AG
  • Fanuc Corporation
  • Yaskawa Electric Corporation
  • Kawasaki Heavy Industries Ltd.
  • ABB
  • Mitsubishi Electric Corporation
  • Adept Technologies
  • Denso Wave Incorporated
  • Rockwell Automation Inc.

With Global Insight Services, you receive:

  • 10-year forecast to help you make strategic decisions
  • In-depth segmentation which can be customized as per your requirements
  • Free consultation with lead analyst of the report
  • Excel data pack included with all report purchases
  • Robust and transparent research methodology

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

Contact Us:
Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: [email protected]
Phone: +1-833-761-1700