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SCARA Robots Market size is projected to expand at over 13% CAGR from 2024 to 2032, due to increasing adoption across various sectors like automotive, electronics, and food & beverages. SCARA robots are favored for their high-speed and precision as well as enhancing manufacturing processes and productivity.
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SCARA Robots Market – Global Industry Analysis, Size, Share, Trends, Forecast 2024-2032 Fuel Cell Market size worth $25.5bn by 2024
KeyInsights from SCARA Robots Market: • SCARA Robots Market size is projected to expand at over 13% CAGR from 2024 to 2032, due to increasing adoption across various sectors like automotive, electronics, and food & beverages. SCARA robots are favored for their high-speed and precision as well as enhancing manufacturing processes and productivity. The launch of new age robotic technologies, such as improved accuracy, payload capacity, and integration with IoT and AI are also accelerating the product appeal. • As per the India Brand Equity Foundation (IBEF) report, in FY 2023, the annual production of automobiles in India was 25.9 million vehicles. The increasing rate of automobile production will surge the demand for SCARA robots as they are widely used in the assembly of vehicles.
Continued... • Growth Drivers: • Increased Demand in Electronics Industry • Rising Adoption in Automotive Assembly • Technological Advancements Boost Performance Levels • Cost-Effective Solutions for Various Applications • Improved Payload Capacities for Handling • The SCARA robots industry is segregated into payload capacity, application, end-user industry, and region. • In terms of payload capacity, the market value from the 5-15 kg payload segment is predicted to showcase robust growth from 2024 to 2032, due to the increasing automation in sectors like electronics, automotive, and pharmaceuticals. These robots offer sufficient payload capacity to handle various manufacturing tasks efficiently. Rapid advancements in robot design and materials for enabling higher payload capacities within compact form factors is further driving the segment growth.
Browse key industry insights spread across 200 pages with 539 market data tables & figures from the report, “SCARA Robots Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/scara-robots-market Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/8613
Continued... • Based on application, the SCARA robots market from the welding & soldering segment will grow at substantial CAGR from 2024 to 2032, owing to the rising demand for precision and repeatability in manufacturing processes. SCARA robots offer high-speed and accuracy for ensuring consistent welding and soldering results. Additionally, the adoption of SCARA robots in welding and soldering tasks helps enhance workplace safety, improve quality control, and increase production efficiency. • Regionally, the Europe SCARA robots market is estimated to grow at over 11% CAGR through 2032, on account of the increasing adoption of automation across automotive, electronics, and food & beverages. The influx of stringent regulations regarding workplace safety and growing need for high-speed and precise manufacturing processes are fueling the product demand. The improved payload capacities and integration with Industry 4.0 technologies will further drive the regional market progression.
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