Impact of COVID on Asia Pacific Robotic Arms Market: During the outbreak of the COVID-19 pandemic, manufacturing and construction activities came to a standstill. The supply chain, as well as transportation activities, were disrupted globally. Due to the restrictions on construction activities and reduction in production, automobile manufacturers had reduced their investments in automation as consumer demand was on the decline. It impacted the robotic arms market. However, robotic arms played a very important role in various activities during this pandemic like sanitizing public places, handling health sample test kits, material handling in factories and warehouses, conducting surveillance, and performing many other life-saving tasks. While the demand was affected in the initial phase of pandemic due to worldwide lockdowns and disruptions in supply chain, it rebounded in 2021 due to an increased focus on industrial automation. Overall, the demand for robotic arms increased after the pandemic due to rising focus on automation in major industries such as electrical & electronics, automotive, and metal & machinery.
Increasing Industrial Automation Due to Shortage of Labor: Job opportunities have increased in the post-pandemic Asia Pacific market and companies are trying to source employees but are struggling to find them in the manufacturing sector. Thus, creating growth opportunities in the automation sector leading to the surge in the demand for robotic arms.
Surge in Healthcare Automation, Digital Health and Robotic Surgery: The pandemic has put national health systems around the world under great stress and governments have admitted that there is under-investment in healthcare infrastructure. As governments review health care provision, there will be a greater focus on technology and efficiency in the aftermath of COVID-19 and the two areas poised to benefit are digital health and robotic surgery.
Analysts at Ken Research in their latest publication “Asia Pacific Robotic Arms Market Outlook and Forecast to 2027 – Driven by Rapid Industrial Automation, Advanced Technologies, and Increasing R&D Investment: Ken Research” believe that the Robotic arms market is expected to grow owing to the diverse applications – enabled by advanced technologies such as AI enabled robotic arms –being leveraged to offer more intelligent and efficient solutions.
Key Segments Covered in Asia Pacific Robotic Arms Market
Asia Pacific Robotic Arms Market By Product Type
Articulated
Cartesian
SCARA
Cylindrical
Parallel/Delta
Others
Asia Pacific Robotic Arms Market By Payload Capacity
Less than 500 KG
501-3,000 KG
3,001 KG and above
Asia Pacific Robotic Arms Market By Application
Materials Handling
Cutting & Processing
Soldering & Welding
Assembling & Disassembling
Others
Asia Pacific Robotic Arms Market By End User Industry
Automotive
Electrical & Electronics
Metal & Machinery
Plastics & Chemicals
Food & Beverages
Others
Asia Pacific Robotic Arms Market By Geography and Major Countries
China
Japan
South Korea
India
Taiwan
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Key Target Audience:-
Robotic Arms Manufacturers
Robotic Arms Product Assemblers
Robotic Arms Component suppliers
Raw Material Suppliers for Robotic Arms
Potential Investors in Robotic Arms Companies
Value Added Resellers
Collaborative Robot Manufacturers
Industrial OEMs of Robotic Arms
Industrial Automation Solutions Providers
Robotics Companies
Robotics Industry Associations
Robotics Research Groups
Ministries of Electronics and Engineering
Time Period Captured in the Report:-
Historical Period: 2017-2021
Forecast Period: 2022-2027F
Companies Mentioned:-
Key Competitors in Asia Pacific Robotic Arms Market
ABB
Yaskawa Electric Corporation
FANUC Corporation
KUKA AG
Kawasaki Heavy Industries Ltd.
Mitsubishi Electric Corporation
Nachi – Fujikoshi Corp
Denso Corporation
Hyundai Robotics
OMRON
Yamaha Motor
Universal Robots
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Emerging Robotic Arms Companies in Asia Pacific
Wlkata
EVS Tech Co., Ltd.
AUBO Robotics
Connected Robotics
Ascent Robotics
Preferred Networks
Neuromeka
Doosan Robotics
Accio Robotics
Janyu Tech Pvt. Ltd
Asimov Robotics
Techman Robot
Geek+
Key Topics Covered in the Report:-
Snapshot of Asia Pacific Robotic Arms Market
Industry Value Chain and Ecosystem Analysis
Market size and Segmentation of Asia Pacific Robotic Arms Market
Historic Growth of Overall Asia Pacific Robotic Arms Market and Segments
Competition Scenario of the Market and Key Developments of Competitors
Porter’s 5 Forces Analysis of Asia Pacific Robotic Arms Industry
Overview, Product Offerings, and SWOT Analysis of All the Key Competitors
Covid 19 Impact on the Overall Asia Pacific Robotic Arms Market
Future Market Forecast and Growth Rates of the Total Asia Pacific Robotic Arms Market and by Segments
Market Size of End User Industries with Historical CAGR and Future Forecasts
Analysis of Asia Pacific Robotic Arms Market in Major Asia Pacific Countries
Major Production / Consumption Hubs in the Major Countries
Major Production/Supply and Consumption/Demand Hubs in Each Major Country
Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
Overview of Notable Emerging Asia Pacific Robotic Arms Companies within Each Major Country
For more information on the research report, refer to below link:–
Asia Pacific Robotic Arms Market
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Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
Frequently Asked Questions:-
What is the Study Period of this Market Report?
The Asia Pacific Robotic Arms Market is covered from 2017 – 2027 in this report, which includes a forecast for the period 2022-2027.
What is the Future Growth Rate of Asia Pacific Robotic Arms Market?
The Asia Pacific Robotic Arms Market is expected to witness a CAGR of above 15% over the next 5 years.
What are the Key Factors Driving the Asia Pacific Robotic Arms Market?
Increasing requirements for industrial automation and introduction of the advanced technologies are expected to be the primary drivers of this market.
Which is the Fastest Growing Product Segment within the Asia Pacific Robotic Arms Market?
Parallel/Delta is the fastest growing product segment within the Asia Pacific Robotic Arms Market.
Who are the Key Players in Asia Pacific Robotic Arms Market?
ABB, Yaskawa Electric Corporation, FANUC Corporation, KUKA AG, Kawasaki Heavy Industries, Ltd., Mitsubishi Electric Corporation, Nachi-Fujikoshi Corp, Denso Corporation, Hyundai Robotics, OMRON, Yamaha Motor, and Universal Robots are the major companies operating in Asia Pacific Robotic Arms Market.
