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The global SCARA robots market is expected to witness strong growth during the forecast period between 2021 and 2031.
'SCARA' in SCARA robots stands for selective compliance articulated robot arm. SCARA are also known as articulated arm because of construction of different components such as elbow, wrist rotary joints, and parallel shoulders.
SCARA robots have proven beneficial in performing specific and repetitive tasks such as packaging, assembly, unloading, loading, handling, and component placement at fast speeds.
The last few years have also witnessed a rise in demand for SCARA robots in food and beverages industry in specific application areas in a bid to decrease costs.
SCARA robots are gaining popularity in production facilities because of factors such as increased reliability in performance, improved efficiency despite harsh working conditions, consistent precision, and capability to handle extreme stress and collisions.
Increasing product adoption in automotive industry is the key growth driver of global SCARS robots market.
Also, rising need to decrease human errors and costs in production process could fuel the demand for SCARA robots and help create revenue-generating opportunities for leading market players, in the coming years.
IoT market surveys indicate that the advanced technology will emerge as fastest growing segment among all advanced technologies, in future.
IoT integration in SCARA robots could increase product demand and trigger the growth in overall SCARA robots market, in the years ahead.
Rapid industrialization, especially in developing economies could also fuel the demand for SCARA robots in the years ahead.
Handling application segment is projected to emerge as largest contributor, in terms of revenue, to overall market owing to increasing demand for handling application to transport products in production facilities in prominent countries worldwide.
Electrical and electronics end-use industry is expected to emerge as largest revenue contributor to overall market because of rising production and demand for electronic products such as laptops and smartphones in leading economies globally.
The global SCARA robots market is competitive, with the presence of numerous leading players. Many of these players are expected to account for a large share in global market, in the coming years.
New product launches could help prominent SCARA robots market players in gaining a competitive edge over other players and in creating revenue-generating opportunities.
Research and development activities to produce improved products could be key, revenue-generating growth strategy for leading market players, in years to come.
Other strategies such as signing of collaborative agreements with smaller players could assist well-established SCARA robots market players in expanding their presence in global market and increasing their revenue shares.
Some leading players in global market include Mitsubishi Electric, Asic Robotics, ABB, EPSON Factory Automation, OMRON Corp., and Universal Robots.
The global SCARA robots market is classified into five regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
North America is expected to emerge as maximum revenue-generating region in global market in future because of large presence of prominent market players in countries such as the U.S. and Canada.
Europe is anticipated to witness significant growth in SCARA robots market in the years ahead owing to rising adoption of industrial automation in countries such as the U.K. and Germany.
Asia Pacific is projected to witness strong growth in overall market in the coming years because of presence of large manufacturing base in both developed and developing economies such as China and India.
Other regions of the world such as Latin America and Middle East and Africa are expected to witness moderate growth in overall market, in the coming years.
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SCARA Robots Market
