Global Heavy Payload Robotic Arm Market Analysis By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 1/12/2023
- NO OF PAGES
- 251
- CATEGORY
- Heavy Industry
Market Overview:
The global heavy payload robotic arm market size was valued at around USD 12.4 billion in 2021 and expected to grow at a CAGR of 5.5% during the forecast period.
The Global Heavy Payload Robotic Arm Market refers to the market for robotic arms that are capable of handling heavy loads, typically weighing several hundred kilograms to several tons. These robotic arms are used in various industries such as manufacturing, construction, mining, and aerospace, among others, to perform tasks that require a high degree of precision and strength.
The heavy payload robotic arms are typically operated remotely by human operators or are programmed to perform automated tasks. They are designed to be versatile and capable of performing a wide range of tasks, including material handling, assembly, welding, painting, and inspection, among others.
The market for heavy payload robotic arms is expected to grow due to increasing demand for automation, precision, and safety in industries. Additionally, the development of advanced technologies such as artificial intelligence, machine learning, and sensors is expected to further drive the growth of the market.
Covid-19 Impact:
The global heavy payload robotic arm market has been impacted by the COVID-19 pandemic in several ways. The pandemic has caused disruptions in the supply chain, reduced demand for certain products, and forced companies to reassess their investment plans. Here are some of the ways in which the COVID-19 pandemic has affected the market:
Disruption in the supply chain: The pandemic has caused disruptions in the supply chain, which has impacted the production and delivery of heavy payload robotic arms. Many countries have imposed restrictions on the movement of goods and people, which has made it difficult for companies to transport components and assemble the robotic arms.
Reduced demand: The pandemic has led to a reduction in demand for heavy payload robotic arms in certain industries such as automotive and aerospace. These industries have been hit hard by the pandemic, and as a result, they have reduced their investment in automation.
Increased demand in healthcare: On the other hand, the pandemic has led to an increased demand for heavy payload robotic arms in the healthcare industry. Robotic arms are being used in hospitals to perform surgeries and assist with patient care, which has led to an increase in demand for these devices.
Shift towards automation: The pandemic has highlighted the need for automation in industries to reduce dependence on human labor and ensure business continuity. This has led to an increased focus on the adoption of heavy payload robotic arms in industries such as manufacturing, construction, and logistics.
Overall, the COVID-19 pandemic has had a mixed impact on the global heavy payload robotic arm market, with both positive and negative effects. However, the long-term outlook for the market remains positive, as industries continue to invest in automation to increase efficiency and reduce costs.
Market Dynamics:
Drivers:
The global heavy payload robotic arm market has several drivers that are fueling its growth. These drivers are a combination of technological advancements, increasing demand for automation, and growing safety concerns in industries. Here are some of the key drivers of the market:
Technological advancements: The development of advanced technologies such as artificial intelligence, machine learning, and sensors is driving the growth of the heavy payload robotic arm market. These technologies are enabling the robotic arms to perform more complex tasks with greater precision and efficiency.
Increasing demand for automation: The growing demand for automation in industries such as manufacturing, construction, and logistics is driving the growth of the heavy payload robotic arm market. Robotic arms are being used to perform tasks that are dangerous or difficult for humans to perform, such as welding, painting, and material handling.
Growing safety concerns in industries: Safety concerns in industries such as manufacturing and construction are driving the adoption of heavy payload robotic arms. Robotic arms are being used to perform tasks that are hazardous for human workers, such as working in high temperatures, handling hazardous materials, or operating heavy machinery.
Cost savings: Robotic arms can perform tasks more efficiently and with greater accuracy than human workers, which can lead to cost savings for companies in the long run. Additionally, the use of robotic arms can reduce the risk of accidents and injuries in the workplace, which can result in further cost savings.
Increased productivity: The use of robotic arms can increase productivity in industries by enabling tasks to be performed faster and more efficiently. This can lead to increased output and improved overall efficiency.
Restraints:
High cost of robotic arms: Heavy payload robotic arms are expensive to produce and maintain, which limits their adoption by small and medium-sized enterprises. This high cost can be a barrier to entry for many companies, especially those in emerging economies.
Technical limitations: Despite significant advancements in technology, heavy payload robotic arms still have limitations in terms of their range of motion, dexterity, and ability to perform certain tasks. These limitations can restrict the use of robotic arms in some industries or applications.
Regulatory challenges: The use of robotic arms is subject to regulatory frameworks that vary from country to country. These regulations can be complex and may require significant investment in compliance. Additionally, regulatory bodies may be hesitant to approve the use of robotic arms in certain industries due to safety concerns.
Regional Analysis:
North America: North America is one of the leading markets for heavy payload robotic arms, with the United States being the largest market in the region. The region has a well-established manufacturing industry and a growing demand for automation, which is driving the growth of the market.
Europe: Europe is another significant market for heavy payload robotic arms, with Germany, the UK, and France being the major markets in the region. The region has a strong automotive and aerospace industry, which is driving the demand for heavy payload robotic arms.
Asia-Pacific: The Asia-Pacific region is the fastest-growing market for heavy payload robotic arms, with China, Japan, and South Korea being the major markets in the region. The region has a rapidly growing manufacturing industry, which is driving the demand for automation and robotics.
Middle East and Africa: The Middle East and Africa region have a growing demand for heavy payload robotic arms, driven by the increasing adoption of automation in the oil and gas industry. Countries such as Saudi Arabia, UAE, and Qatar are the major markets in the region.
Latin America: Latin America is a developing market for heavy payload robotic arms, with Brazil and Mexico being the major markets in the region. The region has a growing manufacturing industry and a need for automation, which is driving the demand for robotic arms.
Market Segmentation:
By Payload Capacity: The heavy payload robotic arm market can be segmented based on its payload capacity. The market can be segmented into below 500 kg, 500-1000 kg, 1000-2000 kg, and above 2000 kg.
By Application: The heavy payload robotic arm market can be segmented based on its application. The market can be segmented into welding, material handling, painting, cutting and grinding, and others.
By End-User Industry: The heavy payload robotic arm market can be segmented based on its end-user industry. The market can be segmented into automotive, aerospace and defense, construction, food and beverages, pharmaceuticals and chemicals, and others.
By Region: The heavy payload robotic arm market can be segmented based on regions, including North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America.
Competitive Landscape:
The global heavy payload robotic arm market is highly competitive, with several global and regional players operating in the market. The market is characterized by intense competition and rapid technological advancements.
Some of the key players in the market include:
ABB Ltd
KUKA AG
FANUC Corporation
Yaskawa Electric Corporation
Kawasaki Heavy Industries, Ltd
Universal Robots A/S
Comau S.p.A.
Nachi-Fujikoshi Corp.
Denso Corporation
Mitsubishi Electric Corporation
Overall, these key players have a strong presence in the global heavy payload robotic arm market and compete based on their product offerings, pricing strategies, and technological advancements.
Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Heavy Payload Robotic Arm market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Heavy Payload Robotic Arm would help in identifying future applications in this market.
Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Objectives of the Study:
• To provide with an exhaustive analysis on the Heavy Payload Robotic Arm Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Historic Year: 2016-2022
Forecast: 2024-2035
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Heavy Payload Robotic Arm Revenue
1.4 Market Analysis by Type
1.4.1 Global Heavy Payload Robotic Arm Market Size Growth Rate by Type: 2023 VS 2032
1.4.2 500-700 Kg
1.4.3 701-1,000 Kg
1.4.4 1,001-3,000 Kg
1.4.5 3,001 Kg and Above
1.5 Market by Application
1.5.1 Global Heavy Payload Robotic Arm Market Share by Application: 2023-2032
1.5.2 Automotive
1.5.3 Machinery
1.5.4 Mining
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Heavy Payload Robotic Arm Market
1.8.1 Global Heavy Payload Robotic Arm Market Status and Outlook (2017-2032)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Heavy Payload Robotic Arm Production Capacity Market Share by Manufacturers (2017-2022)
2.2 Global Heavy Payload Robotic Arm Revenue Market Share by Manufacturers (2017-2022)
2.3 Global Heavy Payload Robotic Arm Average Price by Manufacturers (2017-2022)
2.4 Manufacturers Heavy Payload Robotic Arm Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Heavy Payload Robotic Arm Sales Volume Market Share by Region (2017-2022)
3.2 Global Heavy Payload Robotic Arm Sales Revenue Market Share by Region (2017-2022)
3.3 North America Heavy Payload Robotic Arm Sales Volume
3.3.1 North America Heavy Payload Robotic Arm Sales Volume Growth Rate (2017-2022)
3.3.2 North America Heavy Payload Robotic Arm Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.4 East Asia Heavy Payload Robotic Arm Sales Volume
3.4.1 East Asia Heavy Payload Robotic Arm Sales Volume Growth Rate (2017-2022)
3.4.2 East Asia Heavy Payload Robotic Arm Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe Heavy Payload Robotic Arm Sales Volume (2017-2022)
3.5.1 Europe Heavy Payload Robotic Arm Sales Volume Growth Rate (2017-2022)
3.5.2 Europe Heavy Payload Robotic Arm Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.6 South Asia Heavy Payload Robotic Arm Sales Volume (2017-2022)
3.6.1 South Asia Heavy Payload Robotic Arm Sales Volume Growth Rate (2017-2022)
3.6.2 South Asia Heavy Payload Robotic Arm Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.7 Southeast Asia Heavy Payload Robotic Arm Sales Volume (2017-2022)
3.7.1 Southeast Asia Heavy Payload Robotic Arm Sales Volume Growth Rate (2017-2022)
3.7.2 Southeast Asia Heavy Payload Robotic Arm Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.8 Middle East Heavy Payload Robotic Arm Sales Volume (2017-2022)
3.8.1 Middle East Heavy Payload Robotic Arm Sales Volume Growth Rate (2017-2022)
3.8.2 Middle East Heavy Payload Robotic Arm Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.9 Africa Heavy Payload Robotic Arm Sales Volume (2017-2022)
3.9.1 Africa Heavy Payload Robotic Arm Sales Volume Growth Rate (2017-2022)
3.9.2 Africa Heavy Payload Robotic Arm Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.10 Oceania Heavy Payload Robotic Arm Sales Volume (2017-2022)
3.10.1 Oceania Heavy Payload Robotic Arm Sales Volume Growth Rate (2017-2022)
3.10.2 Oceania Heavy Payload Robotic Arm Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.11 South America Heavy Payload Robotic Arm Sales Volume (2017-2022)
3.11.1 South America Heavy Payload Robotic Arm Sales Volume Growth Rate (2017-2022)
3.11.2 South America Heavy Payload Robotic Arm Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.12 Rest of the World Heavy Payload Robotic Arm Sales Volume (2017-2022)
3.12.1 Rest of the World Heavy Payload Robotic Arm Sales Volume Growth Rate (2017-2022)
3.12.2 Rest of the World Heavy Payload Robotic Arm Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
4 North America
4.1 North America Heavy Payload Robotic Arm Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Heavy Payload Robotic Arm Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Heavy Payload Robotic Arm Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Heavy Payload Robotic Arm Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Heavy Payload Robotic Arm Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Heavy Payload Robotic Arm Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Heavy Payload Robotic Arm Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Heavy Payload Robotic Arm Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Heavy Payload Robotic Arm Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Heavy Payload Robotic Arm Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Heavy Payload Robotic Arm Sales Volume Market Share by Type (2017-2022)
14.2 Global Heavy Payload Robotic Arm Sales Revenue Market Share by Type (2017-2022)
14.3 Global Heavy Payload Robotic Arm Sales Price by Type (2017-2022)
15 Consumption Analysis by Application
15.1 Global Heavy Payload Robotic Arm Consumption Volume by Application (2017-2022)
15.2 Global Heavy Payload Robotic Arm Consumption Value by Application (2017-2022)
16 Company Profiles and Key Figures in Heavy Payload Robotic Arm Business
16.1 Company A
16.1.1 Company A Company Profile
16.1.2 Company A Heavy Payload Robotic Arm Product Specification
16.1.3 Company A Heavy Payload Robotic Arm Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.2 Company B
16.2.1 Company B Company Profile
16.2.2 Company B Heavy Payload Robotic Arm Product Specification
16.2.3 Company B Heavy Payload Robotic Arm Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.3 …
16.3.1 … Company Profile
16.3.2 … Heavy Payload Robotic Arm Product Specification
16.3.3 … Heavy Payload Robotic Arm Production Capacity, Revenue, Price and Gross Margin (2017-2022)
17 Heavy Payload Robotic Arm Manufacturing Cost Analysis
17.1 Heavy Payload Robotic Arm Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Heavy Payload Robotic Arm
17.4 Heavy Payload Robotic Arm Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Heavy Payload Robotic Arm Distributors List
18.3 Heavy Payload Robotic Arm Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Heavy Payload Robotic Arm (2023-2032)
20.2 Global Forecasted Revenue of Heavy Payload Robotic Arm (2023-2032)
20.3 Global Forecasted Price of Heavy Payload Robotic Arm (2017-2032)
20.4 Global Forecasted Production of Heavy Payload Robotic Arm by Region (2023-2032)
20.4.1 North America Heavy Payload Robotic Arm Production, Revenue Forecast (2023-2032)
20.4.2 East Asia Heavy Payload Robotic Arm Production, Revenue Forecast (2023-2032)
20.4.3 Europe Heavy Payload Robotic Arm Production, Revenue Forecast (2023-2032)
20.4.4 South Asia Heavy Payload Robotic Arm Production, Revenue Forecast (2023-2032)
20.4.5 Southeast Asia Heavy Payload Robotic Arm Production, Revenue Forecast (2023-2032)
20.4.6 Middle East Heavy Payload Robotic Arm Production, Revenue Forecast (2023-2032)
20.4.7 Africa Heavy Payload Robotic Arm Production, Revenue Forecast (2023-2032)
20.4.8 Oceania Heavy Payload Robotic Arm Production, Revenue Forecast (2023-2032)
20.4.9 South America Heavy Payload Robotic Arm Production, Revenue Forecast (2023-2032)
20.4.10 Rest of the World Heavy Payload Robotic Arm Production, Revenue Forecast (2023-2032)
20.5 Forecast by Type and by Application (2023-2032)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2023-2032)
20.5.2 Global Forecasted Consumption of Heavy Payload Robotic Arm by Application (2023-2032)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Heavy Payload Robotic Arm by Country
21.2 East Asia Market Forecasted Consumption of Heavy Payload Robotic Arm by Country
21.3 Europe Market Forecasted Consumption of Heavy Payload Robotic Arm by Countriy
21.4 South Asia Forecasted Consumption of Heavy Payload Robotic Arm by Country
21.5 Southeast Asia Forecasted Consumption of Heavy Payload Robotic Arm by Country
21.6 Middle East Forecasted Consumption of Heavy Payload Robotic Arm by Country
21.7 Africa Forecasted Consumption of Heavy Payload Robotic Arm by Country
21.8 Oceania Forecasted Consumption of Heavy Payload Robotic Arm by Country
21.9 South America Forecasted Consumption of Heavy Payload Robotic Arm by Country
21.10 Rest of the world Forecasted Consumption of Heavy Payload Robotic Arm by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer
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