The global SCARA robots market to grow at a CAGR of 5.20% during the period 2017-2021.
The report, Global SCARA Robots Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
The latest trend gaining momentum in the market is rising implementation of robotic factories. The adoption rate of robots has been increasing since the past few years. Companies in different industrial operations are focusing on automation and robotics. Automation and implementation of robots are useful for industries, as these two factors contribute to increasing the production and maintaining standards and quality of processes and final products.
According to the report, one of the major drivers for this market is increased demand for SCARA robots for palletizing. SCARA robots are used in mechanical operations such as packaging or stacking items on pallets or surfaces. The structure of SCARA robots has rigid parallel revolute joints that are positioned vertically. Payload capacities and arm movements offered by SCARA robots make them flexible while stacking up material accurately on the required platform.
Further, the report states that one of the major factors hindering the growth of this market is rising impact of low-cost regional manufacturers on global manufacturers. Regional or local vendors manufacturing low-cost SCARA robots are posing a challenge to global SCARA robot manufacturers. This is impacting the volume growth of global vendors; for instance, the demand is declining in APAC and the Americas owing to the growth of local vendors with low-cost SCARA robots. Some of the low-cost manufacturers are KUKA and Toshiba. They manufacture low-cost robots with high-speed capabilities. Epson and Omron Adept are some of the companies that also provide a cost advantage to industries using robots.