SCARA Robot Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Application (Material Handling, Assembling and Disassembling, Dispensing, Welding and Soldering, Processing, Others), By Industry Vertical (Electrical & Electronics, Automotive, Food & Beverage, Pharmaceuticals, Metals and Machinery, Others), And By Geography - Forecasts From 2023 To 2028
- Published : Feb 2023
- Report Code : KSI061614329
- Pages : 135
The strong financial growth of SCARA (Selective Compliance Articulated Robot Arm) robots is likely to happen due to the growing demand to reduce human effort and mistakes in the supply chain. The main applications of SCARA robots are pick-and-place or installation tasks requiring rapid precision and speed. A SCARA robot can typically work more quickly and can optionally adhere to sanitary rules. This robot is perfect for applications that require less floor space and a smaller operating field. Additionally, because of its tiny design, it is simpler to relocate in transitory and far-off sites. Among the factors propelling the market expansion is the increasing use of SCARA robots in the electrical and electronics industry. These robots can easily handle the greater accuracy required during assembly as electrical devices become increasingly complicated. For both small and large electronics companies who are embracing robotics more and more, SCARA robots are the perfect solution. Work is completed by SCARA robots with extreme precision and reproducibility. They may produce at a very fast rate while maintaining low internal resistance and high precision.
Industrial insights
The rising demand for automobiles and consumer electronics across the world has been expected to be a major driver for the SCARA robot market. The ability of these robots to pick and put items accurately and quickly is crucial for effective assembly operations. The automotive sector has expanded tremendously well on a global scale. Additionally, the IEEE (Institute of Electrical and Electronics Engineers) predicts that by 2025, there will be about 2 billion autonomous vehicles on the road. Further, there is a rising demand for consumer gadgets, particularly among the younger generation, such as millennials. The market is anticipated to be driven by this during the forecast period as it is anticipated that increased manufacturing capacity will be required to fulfil the rising demand.
Geographic Insights
The market for SCARA robots has been predicted to be significantly influenced by the increasing automotive demand and consumer electronics on a global scale. These machines can choose and arrange objects accurately and quickly, which is crucial for a productive manufacturing process. The automotive sector has expanded tremendously well on a global scale. Additionally, the IEEE (Institute of Electrical and Electronics Engineers) predicts that by 2025, there will be about 2 billion autonomously driven vehicles on the road. Additionally, there is a rising demand for consumer gadgets, particularly among the younger generation, such as millennials and GenZ. The market is anticipated to be driven by this during the projected period as it is anticipated that increased industrial output will be required to fulfil the rising demand.
Key developments
- In June 2022, Epson America Inc. introduced its cutting-edge SCARA robots, the Epson GX4 and GX8 SCARA Robots, which included Gyro sensor technology to suit demanding production automation requirements. Precision manufacturing uses this technology to regulate and measure the alignment of products on assembly operations for pick and lift purposes. Epson GX4 and GX8 SCARA Robots are designed to achieve remarkable precision in a wide range of manufacturing tasks, such as assembly, handling of small and fragile parts, and palletizing, among others, making them perfect for medical equipment, consumer electronics, and electric and electronic industries.
- May 2022 saw the release of ABB's robot alignment software, which increased the efficiency and precision of electronics manufacturing. The software expanded ABB's selection of electronics production equipment, which already featured IP54 IRB 920T SCARA robots and a revolutionary sterile edition of the IRB 1300.
- In March 2022, Kassow Robots, a Danish company that specialises in the production of SCARA robots, was successfully bought by Bosch Rexroth AG, a German business that competes in the SCARA robots market, for an undisclosed sum. With this acquisition, Bosch Rexroth AG planned to expand its line of robots that boost manufacturing companies' efficiency by using AI and 5G technologies.
COVID-19 Insights
The COVID-19 pandemic that broke out in 2020 presented the market with a wide range of difficulties. However, lockdown limitations were relaxed in many countries as a consequence of vaccination programmes that took place all across the world. The demand for these SCARA robots has increased as a result of the ability to resume several industrial and construction tasks across various end-user industries. This is then anticipated to fuel the SCARA robot market's expansion over the course of the forecast year.
SCARA Robot Market Scope:
Report Metric | Details |
Growth Rate | CAGR during the forecast period |
Base Year | 2021 |
Forecast Period | 2023–2028 |
Forecast Unit (Value) | USD Billion |
Segments Covered | Application, Industry Vertical, And Geography |
Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Companies Covered | Denso Corporation, ABB, Mitsubishi Electric Corporation, KUKA AG, Kawasaki Robotics, OMRON Corporation, Toshiba Machine, Yaskawa Electric Corporation, Seiko Epson Corporation, Staubli International AG |
Customization Scope | Free report customization with purchase |
Segmentation:
- By application
- Material Handling
- Assembling and Disassembling
- Dispensing
- Welding and Soldering
- Processing
- Others
- By industry vertical
- Electrical & Electronics
- Automotive
- Food & Beverage
- Pharmaceuticals
- Metals and Machinery
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Spain
- Italy
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Thailand
- Taiwan
- Others
- North America
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Market Opportunities
4.4. Porter’s Five Force Analysis
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Power of Buyers
4.4.3. Threat of New Entrants
4.4.4. Threat of Substitutes
4.4.5. Competitive Rivalry in the Industry
4.5. Industry Value Chain Analysis
5. SCARA ROBOT MARKET ANALYSIS, BY APPLICATION
5.1. Introduction
5.2. Material Handling
5.3. Assembling and Disassembling
5.4. Dispensing
5.5. Welding and Soldering
5.6. Processing
5.7. Others
6. SCARA ROBOT MARKET ANALYSIS, BY INDUSTRY VERTICAL
6.1. Introduction
6.2. Electrical & Electronics
6.3. Automotive
6.4. Food & Beverage
6.5. Pharmaceuticals
6.6. Metals and Machinery
6.7. Others
7. SCARA ROBOT MARKET ANALYSIS, BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. USA
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. UK
7.4.2. Germany
7.4.3. France
7.4.4. Spain
7.4.5. Italy
7.4.6. Others
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. UAE
7.5.3. Others
7.6. Asia Pacific
7.6.1. China
7.6.2. Japan
7.6.3. India
7.6.4. South Korea
7.6.5. Thailand
7.6.6. Taiwan
7.6.7. Others
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. COMPANY PROFILES
9.1. Denso Corporation
9.2. ABB
9.3. Mitsubishi Electric Corporation
9.4. KUKA AG
9.5. Kawasaki Robotics
9.6. OMRON Corporation
9.7. Toshiba Machine
9.8. Yaskawa Electric Corporation
9.9. Seiko Epson Corporation
9.10. Staubli International AG
Denso Corporation
ABB
Mitsubishi Electric Corporation
KUKA AG
OMRON Corporation
Toshiba Machine
Yaskawa Electric Corporation
Seiko Epson Corporation
Staubli International AG
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