The global stationary robots market is projected to witness substantial growth in the coming years, reaching a value of USD 12.98 billion by 2030. This represents a significant CAGR of 17% during the forecast period from 2023 to 2030. Stationary robots are gaining popularity across various industries due to their diverse range of types and applications.
Stationary robots are used in industries such as computerized machine tools, robotic arms, industrial robots, welding robots, and computer numerical control machines. These robots offer benefits such as improved efficiency, precision, and cost-effectiveness in a wide range of applications.
The market for stationary robots is segmented based on application, type, and region. In terms of application, material handling and sorting dominate the market due to the wide range of benefits they offer in manufacturing and warehouse operations. In terms of type, different types of stationary robots include cylindrical, Cartesian, spherical, SCARA, parallel, and robotic arms. Geographically, the market is divided into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Asia is projected to dominate the global stationary robots market, followed by North America and Europe. The growth in these regions can be attributed to the presence of leading market players and the rise of industrialization and automation. North America is expected to experience the fastest growth during the forecast period due to the increasing adoption of stationary robot technology and the penetration of automation.
Flexibility and lifting capability are the major drivers for the growth of the stationary robots market. Stationary robots provide the highest level of flexibility among all types of robot arms, allowing them to lift heavy objects and simplify control systems. However, the cost and complexity of stationary robots can pose challenges, as their rigid structure and lack of rotational movement may require additional fencing.
Competition in the global stationary robots market is expected to intensify with the entry of new players and the development of devices compatible with stationary robots. Key players in the industry include ABB Ltd., Fanuc Corporation, KUKA AG, Yaskawa Electric Corporation, and more.
In recent developments, Bosch Rexroth acquired a majority stake in Kassow Robots, a Danish developer of 7-axis collaborative robotic arms. This acquisition enables Bosch to offer comprehensive solutions in industries such as consumer goods, mobility, battery production, and semiconductor production.
In conclusion, the global stationary robots market is poised for significant growth in the coming years. Companies are exploring stationary robotics solutions to address labor shortages and fluctuating demand in logistics operations. The integration of AI and sensor technology has expanded the range of applications for stationary robots in the logistics industry.
Sources: GLOBE NEWSWIRE, ResearchAndMarkets.com