IndustryARC has recently published a new market intelligence report on [FURL=https://www.industryarc.com/PressRelease/1668/SCARA-Robot-Market-Research-Analysis.html]SCARA Robot Market[/FURL]. This report states that industries around the world are under enormous pressure to manufacture in high quantities while maintaining excellent product quality. This acted as a major growth driver for the SCARA robot market which has gained considerable growth in the past decade. These robots are being predominantly used in the food and beverage industry where they are being solicited for assembly, picking and placing, and most important palletization. With considerable manual workload reduced ever since the advent of SCARA robots in the factories, this market has continued to witness unprecedented growth at a CAGR of 17.75% during the forecast period of 2019-2025. The market has also been evaluated to have sold approximately 42 thousand units of SCARA robots in 2018. According to analyst evaluations, the food and beverage industries have been estimated as the major end users of the market. The report titled ”SCARA Robot Market: By Type (Hardware, Software & Service); By Axis Type (3-Axis, 4-Axis, 5Axis, 6-Axis & Others); By Application (Transport, Packing, Assembly & Others); By End User (Electronics, Food & Beverage, Pharmaceutical, Rubber and Plastic, Industrial & Manufacturing, Automotive and Others); By Geography – Forecast (2019 - 2025)” has been prepared by an automation analyst who has used statistical data acquired in the last ten years for properly evaluating the direction that the market will move in the upcoming years.
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SCARA Robot Market: Competitive Landscape and Recent Developments
As established before, SCARA robots are simply an automation trend that companies around the world are readily investing in for boosting their product sales. The major attribution for this goes to the key market players of the SCARA robot market include Kuka, Denso, Yamaha, Epson, Fanuc, Yaskawa, ABB, Nachi Fujikoshi, Mitsubishi, Omron, Staubli, and Universal Robots.
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About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.