IndustryARC has recently published a new market intelligence report on SCARA robot market. This report states that industries around the world are under enormous pressure to manufacture in high quantities while maintaining excellent product quality. This acted as a major growth driver for the SCARA robot market which has gained considerable growth in the past decade. These robots are being predominantly used in the food and beverage industry where they are being solicited for assembly, picking and placing, and most important palletization. With considerable manual workload reduced ever since the advent of SCARA robots in the factories, this market has continued to witness unprecedented growth at a CAGR of 17.75% during the forecast period of 2019-2025. The market has also been evaluated to have sold approximately 42 thousand units of SCARA robots in 2018. According to analyst evaluations, the food and beverage industries have been estimated as the major end users of the market.
The report titled ”SCARA Robot Market: By Type (Hardware, Software & Service); By Axis Type (3-Axis, 4-Axis, 5Axis, 6-Axis & Others); By Application (Transport, Packing, Assembly & Others); By End User (Electronics, Food & Beverage, Pharmaceutical, Rubber and Plastic, Industrial & Manufacturing, Automotive and Others); By Geography – Forecast (2019 - 2025)” has been prepared by an automation analyst who has used statistical data acquired in the last ten years for properly evaluating the direction that the market will move in the upcoming years.
SCARA Robot Market: Regional Analysis:
According to the International Federation of Robotics, China which falls inside the APAC region is experiencing a ‘robot revolution.’ Chinese manufacturers added a remarkable 87,000 robots to the country’s industrial workforce. This has majorly helped the APAC region in becoming the geographical leader of the SCARA robot market. Another factor that has been pivotal in this development is India’s rising propensity for technological advancement. In the past five years, the country has noticeably contributed in the growth of indigenous SCARA robots under the ‘Make in India’ program. As per the findings of the analyst, APAC region earned 64.72% of total revenue attained by the market in 2018.
SCARA Robot Market: Competitive Landscape and Recent Developments
As established before, SCARA robots are simply an automation trend that companies around the world are readily investing in for boosting their product sales. The major attribution for this goes to the key market players of the SCARA robot market include Kuka, Denso, Yamaha, Epson, Fanuc, Yaskawa, ABB, Nachi Fujikoshi, Mitsubishi, Omron, Staubli, and Universal Robots.
· Key market players of this market have recently invested in the production of low total cost of ownership SCARA robots. These are being manufactured to expand the end-user base of the market.
· Seiko Epson Corporation has come up with a new series of SCARA robots called T6 SCARA robots launched in Tokyo, Japan that are playing an important role in bridging the barriers to automation pertaining to information technology consumers.
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Industrial Robotics Market
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About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.