Articulated Robots Market Size, Share, Opportunities, And Trends By Axis (2 To 4, 4 To 6, Above 6), By Component (Hardware, Software), By Application (Packaging, Material Handling, Assembling, Machine Loading, Others), By End-User (Automotive, Aerospace, Manufacturing, Healthcare, Others), And By Geography - Forecasts From 2023 To 2028

The articulated robot market is estimated to show steady growth during the forecast period.

An articulated robot is a type of robot featuring rotary joints that allow for a high degree of flexibility and dexterity, similar to human arm movements. Such robots, which can range from simple two-jointed structures to systems with tens or hundreds of interacting joints, are commonly used in industrial settings for manufacturing, assembly, and packaging operations. These robots are designed to perform complex tasks requiring high precision and are powered by a variety of means, including electric motors. The increasing industrial automation and robotics technology advancements served as an important factor behind the articulated robot industry's growth.

Market Drivers

• Increasing industrial automation fuels the growth of the articulated robot market.

The broad adoption of articulated robots to automate industries plays a significant role in the growth of the articulated robot market. These robots are widely used in manufacturing processes for tasks such as welding, painting, assembly, and material handling. As industries strive to improve efficiency, lower production costs, and improve precision, the demand for articulated robots in the industrial sectors is rising rapidly. For instance, in September 2023, the UK farming Minister announced a £12.5 million investment in robotics and automation to boost sustainable farming. The investment would cater to nineteen innovative projects for developing automation and robotic technologies to predict strawberry yield, improve vineyard productivity, and optimize harvesting schedules.

• Robotics technology advancements accelerated the growth of the articulated robot market.

Continuous advancements in robotics technology, such as improvements in sensors, actuators, and control systems, help articulated robots to improve performance and capabilities thereby making them more adaptable to complex tasks, precision work, and human-computer collaboration applications. Major market players are undergoing innovations that are expected to positively impact market growth. In October 2022, ABB introduced the IRB 1010, its smallest industrial robot, which opens new possibilities for faster, more flexible, and high-quality production of wearable smart devices. The new IRB 1010 allows electronics manufacturers to boost the production of smartwatches, earphones, sensors, and health trackers through automation.

• Growing logistics and e-commerce drive the articulated robot market growth.

The rise of e-commerce increased the demand for logistics and warehouse automation. Articulated robots are used in such facilities for tasks such as picking and packing and assisting businesses in efficiently managing large volumes of orders. E-commerce platforms frequently experience fluctuating and high order volumes, particularly during peak seasons or promotional periods. These tasks are handled by articulated robots with speed and precision, reducing dependence on manual labor and ensuring timely order fulfillment. Hence, such dependence on robotic technology is expected to cause an upward market trajectory.

Asia Pacific is expected to show significant market growth.

Asia Pacific is projected to account for a considerable share of the articulated robot market owing to the region’s significant growth in industry automation. Due to the high degree of flexibility, accuracy, and adaptability of articulated robots, multiple governments are supporting robotics to automate their manufacturing industry. For instance, as per the April 2023 PIB press release, the Technology Development Board - Department of Science and Technology (TDB-DST) announced support to M/s MLIT-18 Technology Private Limited, which intends to commercialize machine vision and robotics systems for automation in the manufacturing Industry.

Market Challenges

• High costs will restrain the growth of the articulated robot market.

The costs of purchasing and implementing articulated robotic systems can be highly expensive for businesses and industries with limited budgets which can limit the adoption of articulated robots. Moreover, the complexity of installation and overall maintenance can also prove to be challenging. These factors may restrain the growth of the articulated robotics industry.

Market Developments

• October 2023- TM Robotics showcased the most recent robotic technologies inclusive of the “THE400 SCARA” robot at an assembly show in Illinois. The robot provides high payload capacity and operates at a high speed, allowing for fast-cycle automation in electronics and automotive manufacturing for parts installation, testing, and transfer processes.
• October 2022- Comau executed the development of several innovative human-centered robotic applications as part of its partnership with the SHERLOCK project. The company developed efficient human-robot collaboration modules with AURA (Advanced Use Robotic Arm), such as Racer-5 COBOT, a 6-axis articulated robot that can operate at industrial speeds of up to 6 m/s whenever human operators are not present, and Comau's practical MATE exoskeleton.

Company Products

• FANUC ARC Mate Series Welding Robots- The FANUC ARC Mate Series offers models with payloads of up to 20 kg and reach up to 2.0m, making them suitable for arc welding, laser welding, soldering, and cutting applications. FANUC customized several tools to increase the versatility of the FANUC ARC Mate Series Robot and assist in making client processes easier and profitable.
• IRB 1090- The IRB 1090 industrial education robot, in conjunction with the OmniCore E10 ultra slim controller, provides increasing functionalities to allow students to improve their skills on the latest manufacturing methods on the market, such as movement control, TrueMove, QuickMove, external guided motion, and energy-saving electrical grid feedback solutions.
• KR SCARA- The KR SCARA makes automation easier and more cost-effective in cost-sensitive industries. The horizontal jointed-arm robots from KUKA are equipped with intelligent features and provide an appealing overall package, such as being light and slim while also being extremely fast and strong and having a high load capacity. It is an ideal solution for automation in small spaces.
• UR 30- The UR30 can lift heavy payloads while maintaining a small footprint in a collaborative environment. With a lifting capacity of 30 kg and a reach of 1300 mm, this robot can tend to bigger machines, arrange heavy products, as well as support high-torque screw driving.

Segmentation

• By Axis
  • 2 to 4
  • 4 to 6
  • Above 6
• By Component
  • Hardware
  • Software
• By Application
  • Packaging
  • Material Handling
  • Assembling
  • Machine Loading
  • Others
• By End-User
  • Automotive
  • Aerospace
  • Manufacturing
  • Healthcare
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Indonesia
    • Others