Dual-arm Robots Market Outlook and Forecast from 2024 to 2031
The "Dual-arm Robots Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Dual-arm Robots market is expected to grow annually by 9% (CAGR 2024 - 2031).
This entire report is of 184 pages.
Dual-arm Robots Introduction and its Market Analysis
The dual-arm robots market research report analyzes the current market conditions, with a focus on the increasing demand for advanced robotic technology across various industries. Dual-arm robots are robotic systems with two arms that can perform complex tasks with precision and efficiency. The target market for dual-arm robots includes industries such as automotive, electronics, healthcare, and food & beverage. Major factors driving revenue growth in the dual-arm robots market include the need for automation, efficiency in production processes, and advancements in artificial intelligence. Companies operating in the market include ABB, Mitsubishi Electric Corp, Omron Adept, FANUC Robotics, Epson robots, Denso Corporation, Universal Robots, Yamaha, IGM, Kawasaki Robotics, Fanuc, Yaskawa Electric, and Langhammer GmbH. The report's findings highlight the increasing adoption of dual-arm robots, the competitive landscape, and recommendations for market players to capitalize on growth opportunities.
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The global dual-arm robots market is witnessing rapid growth, with various types such as transversely articulated and longitudinal articulated gaining popularity. These robots find applications in industries, medical facilities, military operations, aerospace projects, and other sectors. They offer enhanced precision and efficiency, making them an attractive choice for various tasks.
Regulatory and legal factors play a crucial role in shaping the market conditions for dual-arm robots. Compliance with industry standards and regulations is essential to ensure the safe and effective operation of these robots. Additionally, government policies regarding the use of robotics in different sectors can impact the market dynamics. Companies operating in this market need to stay updated with the latest regulations to remain competitive and meet the evolving needs of customers.
Overall, the dual-arm robots market is poised for significant growth, driven by advancements in technology, increasing demand for automation, and expanding applications in various industries. With the right regulatory and legal framework in place, companies in this market can harness the full potential of dual-arm robots to drive operational efficiency and productivity.
Top Featured Companies Dominating the Global Dual-arm Robots Market
The dual-arm robots market is highly competitive, with several key players dominating the industry. Some of the leading companies operating in the dual-arm robots market include ABB, Mitsubishi Electric Corp, Omron Adept, FANUC Robotics, Epson robots, Denso Corporation, Universal Robots, Yamaha, IGM, Kawasaki Robotics, Fanuc, Yaskawa Electric, and Langhammer GmbH.
These companies utilize dual-arm robots for a variety of applications such as material handling, assembly, packaging, welding, and painting in industries such as automotive, electronics, food and beverage, and pharmaceuticals. By leveraging advanced technologies and innovations, these companies are able to offer high-performance dual-arm robots that improve efficiency, productivity, and safety in industrial processes.
ABB is a leading player in the dual-arm robots market, providing a wide range of robotic solutions for various industries. Mitsubishi Electric Corp and FANUC Robotics are also key players in the market, known for their reliable and high-quality dual-arm robots. Yamaha, Omron Adept, and Epson robots focus on providing flexible and easy-to-use robotic solutions for a wide range of applications.
In terms of sales revenue, some of the above-listed companies have reported significant growth in recent years. For example, ABB reported sales revenue of over $24 billion in 2020, while Mitsubishi Electric Corp generated sales revenue of around $40 billion in the same year. FANUC Robotics reported sales revenue of approximately $7 billion, showcasing the strong market presence and growth potential of these companies in the dual-arm robots market.
- ABB
- Mitsubishi Electric Corp
- Omron Adept
- FANUC Robotics
- Epson robots
- Denso Corporation
- Universal Robots
- Yamaha
- IGM
- Kawasaki Robotics
- Fanuc
- Yaskawa Electric
- Langhammer GmbH
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Dual-arm Robots Market Analysis, by Type:
- Transversely Articulated
- Longitudinal Articulated
Transversely articulated dual-arm robots have joints that move parallel to the work surface, allowing for greater reach and flexibility in manipulation tasks. Longitudinally articulated robots have joints that move perpendicular to the work surface, providing more dexterity and precision in handling objects. These two types of dual-arm robots cater to different industrial applications, such as assembly, material handling, and pick-and-place tasks. The versatility and efficiency offered by these robots have significantly boosted the demand in the market as industries seek to increase productivity and streamline operations through automation.
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Dual-arm Robots Market Analysis, by Application:
- Industry
- Medical
- Military
- Aerospace
- Other
Dual-arm robots are versatile and efficient machines that have a wide range of applications in various industries such as manufacturing, healthcare, defense, aerospace, and more. In the industry sector, they are used for assembly, welding, and material handling tasks. In the medical field, they assist in surgeries and rehabilitation exercises. In the military, they aid in bomb disposal and reconnaissance missions. In the aerospace sector, they play a crucial role in aerospace assembly and maintenance. The fastest growing application segment in terms of revenue is the medical field, particularly in assisting with surgical procedures and rehabilitation exercises.
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Dual-arm Robots Industry Growth Analysis, by Geography:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
The dual-arm robots market is expected to experience significant growth in the forecast period in regions such as North America (United States, Canada), Europe (Germany, France, ., Italy, Russia), Asia-Pacific (China, Japan, South Korea, India, Australia, Indonesia, Thailand, Malaysia), Latin America (Mexico, Brazil, Argentina, Colombia), and Middle East & Africa (Turkey, Saudi Arabia, UAE). The market is expected to be dominated by Asia-Pacific, with an estimated market share of 40%, followed by North America with 30% market share. Europe is expected to hold 20% market share, while Latin America and Middle East & Africa will collectively hold 10% market share.
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