SCARA Robot Market is expected to grow at 17.75% CAGR during the forecast period 2019 to 2025
Published | 01 November 2019
According to BlueWeave
Consulting, the Global SCARA Robot Market is expected to grow at an
extraordinary growth at a CAGR of 17.75%, during the forecast period 2019-2025.
It was estimated that market registered a sale of 41.70 thousand units of SCARA
robots in the year 2018.
SCARA robots remains one of
the most sought after robots in almost every manufacturing unit. The market is
growing owing to several factors like, consistent accuracy, efficiency despite
harsh environments, articulate movements, reliable performance and ability to
withstand collision. These factors have been highly capitalized by the major
key players and through this, they have popularized the utilization of SCARA
robots in all the industrial applications like pick and place, assembly and
pillarization.
SCARA robots are being
majorly used in various food and beverage industry for different purposes, such
as food processing where the high output rates and their compact sizes act as
key benefits. Also, they are also useful in quick picking and packing tasks such
as bottle handling, tray loading, and others. The SCARA robot has supported the
growth of the industry by multiplying revenue share and better (ROI) return on
investment. The SCARA robots with a payload capacity of up to 5.00 kg are
anticipated to hold the largest share of the global SCARA robot market in the
year 2019 and is expected to dominate the market during the forecast period.
The bolstering demand for
various SCARA robots for palletizing purpose is one of the major factors
contributing towards the growth and development of global SCARA robot market
during the forecast period. However, the lack of skilled and expert
professionals in the market for troubleshooting the system is one of the major
factors restraining the growth of global SCARA robot market during the forecast
period
Handling
application segment holds a major share in the global SCARA robot market during
the forecast period
In handling applications,
SCARA robots can be used to transport objects. In a production line, these
robots can automate a few most tedious and unsafe tasks in a timely manner.
Shop floors with continuous movements involve many handling tasks such as pick
and place, palletizing, loading and unloading, packaging, and machine tending.
SCARA robots can fulfill material handling operational requirements with their
high speed, torque, motion sequence, dynamics, and positioning accuracy. The
rising demand for SCARA robots to perform handling operations such as pick and
place, sorting, and packaging in industries such as electrical &
electronics and food & beverages is expected to drive the market for
handling applications.
Electrical
& electronics industry from end user segment dominates the global SCARA
robot market during the forecast period
The electrical and gadgets
industry is required to rule the SCARA robot market during the conjecture time
frame. The worldwide electrical and gadgets industry is developing at a
noteworthy rate attributable to the expanding interest for gadgets, for
example, cell phones, top of the line PCs, and TVs. SCARA robots utilized in
this industry are fabricated and modified to deal with show screens,
connectors, and printed circuit sheets (PCB). Parts, for example, wafers are
little and sensitive and should be taken care of cautiously. The robots should
be exact in finding, putting, and gathering segments on the grounds that the
resiliences are little and tight contrasted and other full scale applications.
Expanding request from the electrical and hardware industry for SCARA robots to
perform dealing with activities is relied upon to drive the market for the
electrical and gadgets industry.
Asia
Pacific region holds a lion's share in the global SCARA robot market
APAC is expected to hold the
largest share of the SCARA robot market in 2019 and is projected to dominate
the market during the forecast period. The increase in the labor costs and
decline in labor pool in the region and increased focus of various governments
for (R&D) research and development in industrial automation are the key
factors driving the market growth of the global SCARA robots in the APAC
region.
Global
SCARA Robot Market: Competitive Insight
The major players in the
global SCARA robot market includes prominent names like Epson Robots (United
States), Mitsubishi Electric (Japan), Toshiba Machine Co. Ltd. (Japan), Yamaha
Robotics (United States), ABB Group (Switzerland), etc.
Browse Detailed Analysis
with TOC, “Global SCARA Robot Market by
Application (Transport, Packaging, Assembly, Inspection and Other
Applications), by Type (Hardware (CPU board, power electronics, motors, brake
unit and others), Software (SSL, Mat Lab and others), Services, testing,
training and maintenance), by Axis type (3-axis SCARA robot, 4-axis SCARA
robot, 5-axis SCARA robots, 6-axis SCARA robot and others), By Region (North
America, Europe, Asia Pacific, Middle East & Africa and Latin America);
Market Growth Analysis, Competitive Market Share & Forecast, 2015-2025”
At https://www.blueweaveconsulting.com/global-scara-robot-market-bwc19326
The in-depth analysis of the
report provides the growth potential, upcoming trends and statistics of SCARA
Robot Market size & forecast. The report promises to provide
state-of-the-art technology of SCARA Robot Market and industry insights which
help decision makers to take sound strategic decisions. Furthermore, the report
also analyzes the market drivers and challenges and competitive analysis of the
market.
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