IMARC Group, a leading market research company, has recently released a report titled "Heavy Payload Robotic Arm Market Report by Type (Articulated, Cartesian, SCARA, Cylindrical, and Others), Payload Capacity (500-700 Kg, 701-1,000 Kg, 1,001-3,000 Kg, 3,001 Kg and Above), End User (Automotive, Machinery, Mining, and Others), and Region 2024-2032". The study provides a detailed analysis of...
Summary:
The global heavy payload robotic arm market size reached USD 12.9 Billion in 2023.
The market is expected to reach USD 17.9 Billion by 2032, exhibiting a growth rate (CAGR) of 3.5% during 2024-2032.
Asia Pacific leads the market, accounting for the largest heavy payload robotic arm market share.
Articulated accounts for the majority of the market share in the type segment due to...