Speedy Advancement in Trends if SCARA Robot Market Outlook: Ken Research

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SCARA robot are extensively utilized in food and beverage industry for numerous purpose involving the food processing, speedy picking and packing tasks such as tray loading, bottle handling, and several others. In addition, SCARA robots are also utilized across the electrical & electronics industry to construct and handle display screens, connectors, and printed circuit boards (PCB).

Global SCARA Robot MarketAccording to the report analysis, ‘SCARA Robot Market by Payload Capacity (Up to 5.0 kg, 5.01 to 15.0 kg, and More than 15.0 kg), Application (Material Handling, Assembling and dissembling, Wielding & Soldering, Dispensing, Processing, and Others), and Industry Vertical (Electrical & Electronics, Automotive, Food & Beverages, Pharmaceuticals, Metal & Machinery, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026’ states that in the SCARA robot market there are several corporates which presently operating more effectively for leading the highest market growth and registering the handsome value of market share around the globe during the upcoming phase while spreading the awareness related to the SCARA robot applications, decreasing the linked prices, implementing the profitable strategies and policies, employing the young work force, delivering the better consumer satisfaction, analyzing and studying the strategies of the competitors and government, and advancing the specifications of the technologies includes Seiko Epson Corporation, Kawasaki Robotics, ABB, OMRAN Corporation, Mitsubishi Electric Corporation, KUKA AG, Fanuc Corporation, DENSO Corporation (DENSO Robotics), Yaskawa Electric Corporation, and Staubli International AG.

In addition, the worldwide SCARA robot market size was worth at USD 7.10 billion in 2018, and is projected to reach USD 14.78 billion by 2026, accounting a CAGR of 9.8% from 2019 to 2026. Augment in the shift toward digital transformation propels the requirement for IoT-based smart solutions and automation in several industries to implement & enable fresh and autonomous capabilities. Most of the automation and smart solutions are utilized in industries to advance the product quality, plant efficiency, and simplify uniform production. Thus, augment in requirement for IoT-based smart solutions is projected to drive the market growth throughout the forecast period. The demand for industrial automation is on the augment in numerous industries as it combines information technology with the machine and systems to generate the smart manufacturing infrastructure. It standardizes the producing process and delivers repeatable & consistent results with advanced product quality. Moreover, the usage of automation in industrial application has decreased human intervention in industrial process, which diminished the human errors and related problems.

The foremost factors that propel the worldwide SCARA robot market involve growing need for mass production with diminished operation cost, surge in implementation of industry 4.0, and upsurge in requirement for IoT-based smart solutions and automation in several industries for qualitative and reliable manufacturing. However, great expenditure associated with adoption of SCARA robots limits the market growth. Furthermore, effective rise in application areas of collaborative robots and requirement for automation in Asian countries such as China and Japan, are projected to generate lucrative growth opportunities for the SCARA robot market. Therefore, in the near years, it is probable that the market of SCARA robot will augment more effectively over the forthcoming years.

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Global SCARA Robot Market

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

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