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SCARA Robots Market Share

Report ID: GMI8613
Published Date: Mar 2024
Report Format: PDF

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SCARA Robots Market Share

ABB and Fanuc Corporation held a significant share of over 30% in the market in 2023. ABB is a global technology company specializing in robotics and automation. In the SCARA robots industry, ABB provides a range of high-performance and precise SCARA robots. These robots are designed for applications such as assembly, material handling, and packaging, contributing to increased efficiency and productivity across various industries.

Fanuc Corporation, a global leader, specializes in industrial automation and robotics. In the SCARA robots industry, Fanuc provides high-performance robots for precise and rapid assembly tasks. Their SCARA robot series offers advanced solutions for manufacturing applications, contributing to increased efficiency, accuracy, and automation in industries such as electronics, automotive, etc.

SCARA Robots Market Companies

Major players operating in the SCARA Robots industry are:

ABB
Denso Corporation
Epson Robots
Fanuc Corporation
Hiwin Corporation
SMC Corporation
Yaskawa Electric Corporation

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Industry size for SCARA robots surpassed USD 5 billion in 2023 and is estimated to expand at over 18% CAGR between 2024 and 2032 attributed to the rising adoption in automotive assembly processes.

SCARA robots industry from the above 15 kg payload capacity segment is projected to grow at over 16.5% CAGR during 2024-2032 owing to the growing demand from industries needing a high degree of automation to handle bigger and heavier loads.

Asia Pacific market accounted for over 60% revenue share in 2023 and is set to exhibit robust growth from 2024-2032 owing to the robust industrial sector, which includes the electronics and automotive industries.

Prominent players operating in the industry are ABB, Denso Corporation, Epson Robots, Fanuc Corporation, Hiwin Corporation, SMC Corporation, and Yaskawa Electric Corporation.