What is the global market size of Scara Robot Market?

Global Scara Robot Market size was valued at USD 10.2 billion in 2022 and is poised to grow from USD 11.2 billion in 2023 to USD 23.3 billion by 2031, growing at a CAGR of 9.60% during the forecast period (2024-2031).

Who are the key vendors in the Global Scara Robot Market?

The competitive landscape of the global SCARA robot market is characterized by intense rivalry among a diverse set of industry participants. Companies in this market are striving to gain a competitive edge through product innovation, technological advancements, and strategic partnerships. As the demand for automation solutions continues to rise across various industries, both established players and emerging entrants are vying for market share. 'Seiko Epson Corporation (Japan)', 'Kawasaki Robotics (Japan)', 'ABB (Switzerland)', 'Omron Corporation (Japan)', 'Mitsubishi Electric Corporation (Japan)', 'KUKA AG (Germany)', 'Fanuc Corporation (Japan)', 'DENSO Corporation (DENSO Robotics) (Japan)', 'Yaskawa Electric Corporation (Japan)', 'Staubli International AG (Switzerland)', 'Universal Robots A/S (Denmark)', 'Nachi-Fujikoshi Corporation (Japan)', 'Epson Robots (US)', 'Yamaha Robotics (Japan)', 'Toshiba Machine Co., Ltd. (Japan)', 'Sepro Group (France)', 'Comau (Italy)', 'Techman Robot Inc. (Taiwan)', 'AUBO Robotics (US)', 'Precise Automation, Inc. (US)'

What is the key driver of Global Scara Robot Market?

Industry players are prioritizing efficiency in manufacturing processes to achieve cost-effective and high-quality production, a key driver of the market. Increased demand for mass production is boosting industrial applications, addressing quality control challenges, and reducing costs through optimized, highly accurate production in less time. The decreased need for human intervention is cutting labor expenses, ultimately lowering overall operational costs, and fueling demand for this market.

What is the key market trend for Global Scara Robot Market?

Rising Demand for Collaborative SCARA Robots: A notable trend in the global SCARA robot market is the increasing demand for collaborative SCARA robots. These robots are designed to work safely alongside human operators without the need for extensive safety barriers. As industries seek to enhance both automation and human-robot cooperation in various applications, collaborative SCARA robots are gaining traction. This trend is driven by the desire to optimize productivity while maintaining flexibility in manufacturing and assembly processes, ultimately improving the overall efficiency of operations.

Which region accounted for the largest share in Global Scara Robot Market?

Asia Pacific stands out as the dominating and largest region in the global SCARA robot market. The region's dominance can be attributed to the presence of major manufacturing hubs, particularly in countries like China, Japan, and South Korea. These countries have robust industrial sectors that heavily rely on automation to drive efficiency and productivity. Additionally, Asia Pacific showcases the fastest growth in the SCARA robot market due to a combination of expanding industrialization, technological advancements, and increasing adoption of automation solutions across a wide range of industries in the region.

SCARA Robot Market Size, Share, Growth Analysis, By Axis Type(3- Axis SCARA Robot, 4- Axis SCARA Robot, 5- Axis SCARA Robot, 6- Axis SCARA Robot), By Payload Capacity(Up to 5.00 kg, 5.01-15.00kg, More than 15.00 kg), By Application(Handling, Assembling & Disassembling, Welding & Soldering, Dispensing), By Industry(Electrical & Electronics, Automotive, Metals & Machinery, Food & Beverages), By Region - Industry Forecast 2024-2031

Report ID: SQMIG20I2170 | Region: Global | Published Date: July, 2024
Pages: 202 | Tables: 125 | Figures: 77

SCARA Robot Market Insights

Global SCARA Robot Market size was valued at USD 10.17 billion in 2022 and is poised to grow from USD 11.17 billion in 2023 to USD 23.91 billion by 2031, growing at a CAGR of 10.3% during the forecast period (2024-2031).

Selective Compliance Assembly Robot Arm or Selective Compliance Articulated Robot Arm (SCARA) robots are highly popular in industrial applications. High accuracy and speed coupled with low maintenance make SCARA robots popular in multiple industrial applications. Rising manufacturing activity and high emphasis on improving productivity and efficiency of manufacturing operations are slated to uplift sales of SCARA robots over the coming years. Rapidly increasing automotive and electronics manufacturing activity is also expected to favor SCARA robot market growth in the future. Advancements in robotics technology are also playing a vital role in augmenting the global SCARA robot market development scope. Lack of standardization, challenges in integration, and high initial investments are slated to be the key restraints hampering sales of SCARA robots around the world.

US SCARA Robot Market is poised to grow at a sustainable CAGR for the next forecast year.

SCARA Robot Market Report Snapshots

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Launching new products remains the top preference for all SCARA robot companies. Growing adoption and acceptance of robots in industrial and domestic applications will help SCARA robot suppliers amplify their sales potential in the future. Increasing demand for better human machine collaboration is also expected to push companies to develop collaborative SCARA robots in the future. Moreover, the integration of artificial intelligence and other advanced technologies will also foster new business opportunities for all market players. Creation of affordable SCARA robots will be the prime focus for incoming as well as established SCARA robot providers. 'Seiko Epson Corporation (Japan) ', 'Yamaha Motor Co., Ltd. (Japan) ', 'Denso (Japan) ', 'Stäubli (Switzerland) ', 'Mitsubishi Electric Corporation (Japan) ', 'Kawasaki Heavy Industries (Japan) ', 'ABB (Switzerland) ', 'Toshiba Machine (Japan) ', 'Comau (Italy) ', 'Nachi-Fujikoshi (Japan) ', 'KUKA (Japan) ', 'FANUC (Japan) ', 'Omron Adept (US) ', 'Durr (Germany) ', 'Hiwin Technologies (Taiwan) ', 'Janome (Japan) ', 'Hirata (Japan) ', 'A4aDTECH (US) ', 'Delta Electronics (Taiwan) ', 'Gridbots (India)'

The advent of digital revolution has made automation a key aspect of any industrial facility around the world. Growing investments of industrial companies in promoting use of automation and rising acceptance of robots for the same will drive SCARA robot demand.

Collaborative Robots: Developing collaborative SCARA robots is expected to be a major trend in the global market landscape. Increasing use of robots and growing demand for better human-machine collaboration are predicted to push SCARA robot companies to innovate and add more collaborative capabilities to their offerings.

The Asia Pacific region is expected to hold sway over global SCARA robot demand outlook going forward. Presence of key robot manufacturers and a robust manufacturing industry help this region maintain a high market share. Growing investments in industrialization and high demand for automation across electronics and automotive industries are also providing lucrative opportunities for SCARA robot companies. Japan, South Korea, and China are expected to be the leaders in terms of SCARA robot sales and adoption. Rising labor costs in this region are also favoring the demand for SCARA robots.

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SCARA Robot Market Insights

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What is the global market size of SCARA Robot Market?

Who are the key vendors in the SCARA Robot Market?

What is the key driver of SCARA Robot Market?

What is the key market trend for SCARA Robot Market?

Which region accounted for the largest share in SCARA Robot Market?

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