According to BlueWeave Consulting, the Global SCARA Robot Market is expected to grow at an extraordinary growth at a CAGR of 17.75%, during the forecast period 2019-2025. It was estimated that market registered a sale of 41.70 thousand units of SCARA robots in the year 2018.
SCARA robots remains one of the most sought after robots in almost every manufacturing unit. The market is growing owing to several factors like, consistent accuracy, efficiency despite harsh environments, articulate movements, reliable performance and ability to withstand collision. These factors have been highly capitalized by the major key players and through this, they have popularized the utilization of SCARA robots in all the industrial applications like pick and place, assembly and pillarization.
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Global SCARA Robot Market: Competitive Insight
The major players in the global SCARA robot market includes prominent names like Epson Robots (United States), Mitsubishi Electric (Japan), Toshiba Machine Co. Ltd. (Japan), Yamaha Robotics (United States), ABB Group (Switzerland), etc.
Handling application segment holds a major share in the global SCARA robot market during the forecast period
In handling applications, SCARA robots can be used to transport objects. In a production line, these robots can automate a few most tedious and unsafe tasks in a timely manner. Shop floors with continuous movements involve many handling tasks such as pick and place, palletizing, loading and unloading, packaging, and machine tending.
Electrical & electronics industry from end user segment dominates the global SCARA robot market during the forecast period
The electrical and gadgets industry is required to rule the SCARA robot market during the conjecture time frame. The worldwide electrical and gadgets industry is developing at a noteworthy rate attributable to the expanding interest for gadgets, for example, cell phones, top of the line PCs, and TVs. SCARA robots utilized in this industry are fabricated and modified to deal with show screens, connectors, and printed circuit sheets (PCB).
Asia Pacific region holds a lion’s share in the global SCARA robot market
APAC is expected to hold the largest share of the SCARA robot market in 2019 and is projected to dominate the market during the forecast period. The increase in the labor costs and decline in labor pool in the region and increased focus of various governments for (R&D) research and development in industrial automation are the key factors driving the market growth of the global SCARA robots in the APAC region.
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