SCARA in SCARA robot stands for Selective Compliance Assembly Robot Arm. The SCARA robots are useful in pick and place applications in many manufacturing and assembling processes. SCARA robots are designed to perform repeatable tasks of pick and place from one location to another with high speeds and accuracy. Prevailing automation trends in industries creates a favorable landscape for the growth of the SCARA robot market in the coming years.
MARKET DYNAMICS
The SCARA robot market is expected to soar in the forecast period owing to driving factors such as high adoption in the electronics industry coupled with the need to minimize human errors and efforts in the production processes. However, high installation cost in cases of low volume production is likely to hinder the growth of the SCARA robot market. Nonetheless, future SCARA robots with integrated AI and IoT technologies are expected to showcase symbolic opportunities to the market players in the coming years.
MARKET SCOPE
The "Global SCARA Robot Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of SCARA robot market with detailed market segmentation by payload capacity, application, industry vertical, and geography. The global SCARA robot market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading SCARA robot market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global SCARA robot market is segmented on the basis of payload capacity, application, and industry vertical. Based on payload capacity, the market is segmented as up to 5.00 kg, 5.01-15.00 kg, and more than 15.00 kg. On the basis of the application, the market is segmented as dispensing, processing, handling, assembling and disassembling, welding and soldering, and others. The market on the basis of the industry vertical is classified as automotive, electrical & electronics, precision engineering and optics, metals & machinery, food & beverages, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global SCARA robot market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The SCARA robot market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting SCARA robot market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the SCARA robot market in these regions.
MARKET PLAYERS
The reports cover key developments in the SCARA robot market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from SCARA robot market are anticipated to lucrative growth opportunities in the future with the rising demand for SCARA robot in the global market. Below mentioned is the list of few companies engaged in the SCARA robot market.
The report also includes the profiles of key SCARA robot companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- ABB Ltd.
- Comau SpA
- DENSO Corporation
- Fanuc Corp
- Kawasaki Heavy Industries, Ltd.
- KUKA AG
- Seiko Epson Corporation
- Stäubli International AG
- Toshiba Machine Co., Ltd.
- Yamaha Motor Co., Ltd.
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