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As per the Technavio’s market research report, the global SCARA robots market will grow at a steady rate and post a CAGR of more than 5% during the forecast period. The increasing demand for selective compliance assembly or articulated robot arm (SCARA) robots for palletizing operations will drive the growth prospects for the global SCARA robots market until the end of 2021. SCARA robots have vertically positioned rigid parallel revolute joints, payload capacities, and SCARA arm movements to make them flexible while stacking up materials accurately on the required platform and are used in mechanical operations such as packaging or stacking items on pallets or surfaces. The market is experiencing a high demand for SCARA robots from the electronic and electricals and semiconductor industries to help in selective pick-and-insert operations, which is mostly seen in assembling applications and in various other mechanical operations.
APAC was the highest revenue contributor for the global SCARA robots market during 2016 and will dominate the market for the next four years as well. One of the major factors responsible for the dominant position of this region is the high inflow of Foreign Direct Investment (FDIs) for electrical and electronics, automotive, and food and beverages industries that boosts the adoption rate of SCARA robots.
The global SCARA robots market is characterized by the presence of well-diversified international, regional, and local vendors. Since the local players provide various products with a high level of customization at comparatively low prices, the market witnesses intense competition between the established vendors and local players. However, the regional vendors and new vendors find it difficult to compete against the international players especially in terms of quality, features, and functionalities. Factors such as advancements in technology, emerging global needs and industrial robots, and the increasing number of mergers and acquisitions, will further intensify the market’s competitive environment.
Key vendors in this market are -
Other prominent vendors in the market include Fanuc, Comau, Wittman, Hirata, Janome, Motoman, SENSODRIVE, Wachter, Googol Technology, ABB, and Asic Robotics.
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According to the market research report, the SCARA robots market for assembling applications accounted for the majority market share during 2016 and will continue to dominate the market for the next four years. The market is witnessing a high demand for SCARA robots in the assembly segment since the precision arm of SCARA robots can significantly reduce assembly times, increase production speed, and improve the quality of work.
The electronics and electrical industry was the major end-user of the SCARA robots market and accounted for the majority market share during 2016. The increasing number of investments in both greenfield and brownfield projects is responsible for the growth of the electronics industry, which, in turn, will boost the requirement for SCARA robots that are used to test the product and ensure their accuracy. As a result, this industry will continue to dominate the market during the next four years well.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Market segmentation by end-user
PART 08: Geographical segmentation
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Appendix
Tags: robotic arm, robot machine, scara robot, humanoid robots, robotics industry trends, robotics industry reports,
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