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SCARA Robot Market to Transcend USD 23.91 Billion Valuation by 2031, Rise of Automation in Different Industries to Propel Market Expansion| SkyQuest Technology
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From small to large industries, all can utilize a SCARA robot with a payload capacity of up to 5 kg. This high versatility of SCARA robots falling under this category is what allows this segment to bring in the most revenue for market players. Development costs of such robots are low and give manufacturers a chance to maximize their profit margins whilst keeping up sales. New as well as established companies can target the development of SCARA robots of up to 5 kg capacity in the future.
SCARA robots with a bigger capacity of 15 kg or more are projected to witness a robust hike in demand as automation in heavy industries picks up pace. High investments in automating heavy industries and the growing availability of SCARA robots with bigger payload capacity will help this segment bring in substantial revenue over the coming years. Automotive and electronics industries are projected to be key end users of SCARA robots with a payload capacity of more than 15 kg.
Growing automation of assembly lines in multiple industries around the world is projected to bolster sales of SCARA robots going forward. Assembly and disassembly operations are usually repetitive and this is why programmable robots can be used instead of humans for them. SCARA robots have high precision and this is why they are perfectly suited for assembly applications. The increasing need for productivity and efforts to eliminate human errors are other factors that promote SCARA robot demand for assembly and disassembly applications.
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As the name suggests, 4-axis robots are capable of operating on all 4 axes, which makes them highly versatile for different industrial operations. 4-axis robots are highly flexible and this is why they can perform operations in a much more precise manner. Low maintenance and high-speed operation of this type of robot will also be a key factor that pushes SCARA robot companies to target their development and sales.
Industry 4.0 and automation trends will be crucial in powering the sales of SCARA robots over the coming years. SCARA robot manufacturers need to focus on innovation and incorporate advanced technologies to make their products more effective and productive. Developing robots for assembly and pick & place applications will be the way to go for new and established SCARA robot suppliers. Targeting the automotive industry and developing SCARA robots with high payload capacity will also create new rewarding opportunities for market players in the long run.
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