Global Part Transfer Robots Market 2017-2021

Overview of the global part transfer robots market

Research analysis on the global part transfer robots market identifies that the safety of workforce will be one of the major factors that will have a positive impact on the growth of the market. The implementation of part transfer robots assures the safety of workforce and lowers the incidences of industrial accidents in comparison to the manual handling of processes. The conditions under which part transfer activities are employed are risky especially in foundry and die casting activities that include molten metal. Such risky activities have raised the requirement for robots in part handling activities. Moreover, handling of delicate materials, such as glass, automobile sheets, and woods, can cause injuries to humans. But the robots handle such materials with the grippers and end of arm tooling (EOAT) with ease and can also provide better support for transport activities. Also, mechanical handling of packaged or in-process material can lead to product damage, alteration in the design, and material contamination. The use of robots in the part transfer process will reduce accidents and ensure the safety of materials giving rise to cost savings for companies. Technavio’s market research analysts predict that this market will grow at a CAGR of close to 13% by 2021.

In terms of geographic regions, APAC will be the major revenue contributor of the part transfer robots market throughout the forecast period. The rising investments and automation in end-user industries will drive the market growth in the region. China, India, South Korea, Japan, and Taiwan are the main countries using part transfer robots in APAC.

Competitive landscape and key vendors  

The part transfer robots market consists of many established international vendors. High competition between the vendors based on product features, pricing, and customization is observed. Established vendors in the market are increasingly focusing on geographical expansion, increasing production capacities, and launching new products that are appropriate for enhancing the flexible automation for end-users.

The leading vendors in the market are –

• Yaskawa Motoman
• FANUC
• ABB
• KUKA

The other prominent vendors in the market are Kawasaki Heavy Industries, EPSON Robots, Apex Automation and Robotics, Omron Adept Technologies, DENSO Robotics, TM Robotics, and Staubli International.

Segmentation by type of robot and analysis of the part transfer robots market

• Articulated robots
• SCARA robots
• Delta robots
• Cartesian robots

During 2016, the articulated robots segment accounted for the major shares of the part transfer robots market. Factors such as the increasing need for handling parts of the products with high efficiency and increased mobility will contribute to the growth of the articulated robots market in the coming years.

Segmentation by end-user and analysis of the part transfer robots market

• Automotive industry
• Metal industry
• Electronics and electrical industry
• Pharmaceutical industry

As per this market research report, the automotive industry will hold the maximum share of the part transfer robots market until 2021. The increasing adoption of robotics system at the automotive facilities in applications such as molding, die casting, welding, painting, and part transfer will drive the market growth in this segment.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global part transfer robots market?
• What are the key market trends impacting the growth of the global part transfer robots market?
• What are the challenges to market growth?
• Who are the key vendors in the global part transfer robots market?
• What are the market opportunities and threats faced by the vendors in the global part transfer robots market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global part transfer robots market?

Technavio also offers customization on reports based on specific client requirement.