SCARA Robot Market Outlook - 2026
The global SCARA robot market size was valued at $7.10 billion in 2018, and is projected to reach $14.78 billion by 2026, registering a CAGR of 9.8% from 2019 to 2026. SCARA Stands for Selective Compliance Articulated Robot Arm, which is widely used in small robotic assembly applications. Configuration of these robots is unique and they handle a variety of material handling operations. These robots are developed to improve the speed of repeatability on pick & place tasks from one location to another. They operate at a higher speed with optional cleanroom specification. In addition, automation in industrial application is a set of technologies and automatic control devices that improve the production rate and quality of products, as well as control industrial processes with least human intervention and achieve superior performance than manual control. It is also known as industrial automation, which uses computers, robots, control systems, and information technologies for handling various industrial processes. Moreover, automation reduces the production cost and maintains the quality of products.
Many robot manufacturers are investing significant amount to improve the collaborative control of robots and further enhance the user experience. Increase in demand for collaborative robots in every manufacturing industry is compelling the SCARA manufacturers to develop robots with more payload capacity. Rapid changes in the supporting factors, such as disposable income, consumer preference, wireless technologies, and others, have resulted into continuous improvements in specifications and features of SCARA robot.
The automotive and manufacturing industries in Asia-Pacific are witnessing rapid growth. Moreover, low manufacturing cost, supportive policies of the regional governments and increase in cognizance of the assistances of automation influence the growth of the end-user industries in Asia Pacific. In addition, reduction in prices and adoption of enabling technologies provide lucrative opportunity to expand the SCARA robot market share in Asian countries such as China and Japan, during the forecast period.
By Payload Capacity
5.01 KG to 15.00 KG would exhibit the highest CAGR of 11.7% during 2019-2026.
The major factors that drive the global SCARA robot market include growing need for mass production with reduced operation cost, due to high demand for mass production in manufacturing industries to achieve low cost and high-quality production results. In addition, surge in adoption of industry 4.0, owing to various manufacturing industries focus to obtain safe, fast, and efficient production results, which boost the need for industrial application. Moreover, increase in adoption of industry 4.0 resolutions is projected to shape the future of manufacturing industries by standardizing the processes. Also, upsurge in demand for IoT-based smart solutions and automation in various industries for qualitative and reliable manufacturing. However, high expenditure associated with implementation of SCARA robots hinders the SCARA robot market growth. Furthermore, increase in application areas of collaborative robots, due to high investment of in robotic industry to improve the collaborative control of robots and further enhancing. Additionally, increase in demand for collaborative robots in every manufacturing industry is compelling the SCARA manufacturers to develop robots with more payload capacity the user experience. Conversely, the high demand for automation in Asian countries such as China and Japan, are expected to create lucrative growth opportunities for the SCARA robot market.
Assembling and Disassembling would exhibit the highest CAGR of 12.6% during 2019-2026.
The SCARA robot market is segmented into payload capacity, application, industry vertical, and region. Based on payload capacity, the market is divided into up to 5.00 kg, 5.01–15.00 kg, and more than 15.00 kg. Based on the application, it is classified into handling, assembling & disassembling, welding & soldering, dispensing, processing, and others. The material handling segment dominated the industrial hearables market in terms of revenue in 2018, whereas assembling & disassembling segment is expected to grow at the highest CAGR from 2019 to 2026. By industry vertical, it is categorized into electrical & electronics, automotive, food & beverages, pharmaceuticals, metal & machinery, and others.
By Industry Vertical
Pharmaceuticals would exhibit the highest CAGR of 13.1% during 2019-2026.
Based on region, the SCARA robot market analysis is done across North America, Europe, Asia-Pacific, and LAMEA. Europe dominated the SCARA robot market in terms of revenue in 2018, due to rise in demand for better biomedical and healthcare services by the aging European population, coupled with rising demand from end-user industries such as semiconductors manufacturing, polymers, metallurgy, and fiber optics.
Top Impacting Factors
The SCARA robot market trends such as growing need for mass production with reduced operation cost, surge in adoption of industry 4.0, and upsurge in demand for IoT-based smart solutions and automation in various industries for qualitative and reliable manufacturing, increase in application areas of collaborative robots, and rise in demand for automation in Asian countries such as China and Japan, are expected to significantly affect the growth of the global SCARA robot market. These factors are anticipated to either drive or hamper the market growth.
The key players profiled in the report include Seiko Epson Corporation, Kawasaki Robotics, ABB, OMRAN Corporation, Mitsubishi Electric Corporation, KUKA AG, Fanuc Corporation, DENSO Corporation (DENSO Robotics), Yaskawa Electric Corporation, and Stäubli International AG. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to enhance their SCARA robot market share. For instance, ABB launched IRB 910INV invert-mounted SCARA robot for mall parts assembly applications. This robot offers repeatable accuracy for applications including assembly and testing, picking and placing, electronics small parts assembly tasks.
Asia-Pacific would exhibit the highest CAGR of 11.9% during 2019-2026.
Key Benefits for Stakeholders:
- This study includes the analytical depiction of the global SCARA robot market forecast along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information regarding the key drivers, restraints, and SCARA robot market opportunities.
- The market growth is quantitatively analyzed from 2019 to 2026 to highlight the financial competency of the industry.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the SCARA robot industry.
SCARA Robot Market Report Highlights
By PAYLOAD CAPACITY
By INDUSTRY VERTICAL
Key Market Players
DENSO Corporation (DENSO Robotics), Fanuc Corporation, Seiko Epson Corporation, KUKA AG, ABB, Stäubli International AG, OMRON Corporation, Kawasaki Robotics (Kawasaki Heavy Industries, Ltd.), Mitsubishi Electric Corporation, Yaskawa Electric Corporation
The SCARA robot market is highly competitive, owing to strong presence of the existing vendors. SCARA robot manufacturers, who have access to extensive technical and financial resources are anticipated to gain a competitive edge over their rivals, as they have the capacity to cater to the global market requirements. The competitive environment in this market is expected to further intensify with increase in technological innovations, product extensions, and different strategies adopted by the key vendors.
The SCARA robot market is projected to depict a prominent growth during the forecast period, owing to various factors, such as growing need for mass production with reduced operation cost, surge in adoption of industry 4.0 and upsurge in demand for IoT-based smart solutions and automation in various industries for qualitative and reliable manufacturing.
Growth in emerging markets, environmental advantages of powder coatings, productivity investments coupled with lean manufacturing, and quick color change are the factors that drive the SCARA robot market during the forecast period. Technological advancements and increase in labor costs of skilled workforce are expected to offer numerous opportunities for market expansion.
The key players profiled in the report Seiko Epson Corporation, Kawasaki Robotics, ABB, OMRAN Corporation, Mitsubishi Electric Corporation, KUKA AG, Fanuc Corporation, DENSO Corporation (DENSO Robotics), Yaskawa Electric Corporation, and Stäubli International AG.