PUBLISHER: SkyQuest | PRODUCT CODE: 1498586
PUBLISHER: SkyQuest | PRODUCT CODE: 1498586
SCARA Robot Market size was valued at USD 10.17 billion in 2022 and is poised to grow from USD 11.17 billion in 2023 to USD 23.91 billion by 2031, growing at a CAGR of 10.3 % during the forecast period (2024-2031).
The SCARA robot market has experienced a sharp rise due to the growing demand for automation across various industrial sectors worldwide. Renowned for their flexibility, speed, and precision, SCARA robots are widely utilized in manufacturing and assembly processes across industries such as automotive, electronics, pharmaceuticals, and consumer goods. Manufacturers favour SCARA robots for their high speed, reliability, accuracy, user-friendliness, low maintenance requirements, and compact design suitable for diverse applications. These robots can achieve speeds of up to 3,000 mm/s, resulting in shorter cycle times and maximum throughput. The development of SCARA robots with increased payload capacities has broadened their applicability across various industrial tasks, allowing them to efficiently handle heavier loads. This enhanced capability has expanded their versatility and application scope in industrial settings. The primary drivers for the SCARA robot market include reducing human effort and errors in production and accelerating their adoption due to improvements in speed, repeatability, and efficiency in tasks such as pick-and-place operations.
Top-down and bottom-up approaches were used to estimate and validate the size of the SCARA Robot Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
SCARA Robot Market Segmental Analysis
The scara robot market is segmented into five major segments i.e. by Payload Capacity, Axis Type, Application, Industry and region. Based on payload capacity, it is divided into Up to 5.00 kg, 5.01-15.00kg and more than 15.00 kg. Based on axis type the market is further segmented into 3- Axis SCARA Robot, 4- Axis SCARA Robot, 5- Axis SCARA Robot, and 6- Axis SCARA Robot. Based on Application, it is bifurcated as Handling, Assembling & Disassembling, Welding & Soldering, Dispensing, Processing, and Others. Based on Industry, it is segregated into Electrical & Electronics, Automotive, Metals & Machinery, Food & Beverages, Pharmaceuticals & Cosmetics, and others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Drivers of the SCARA Robot Market
The increasing adoption of SCARA robots in the electronics sector is poised to drive growth in the SCARA robot market. These robots are renowned for their precision, particularly in handling smaller parts, and they contribute to accelerated production speeds. Their applicability extends to industries with stringent cleanliness standards, such as cleanroom environments. As electronic devices become more intricate, the assembly process demands greater accuracy and sophistication, making SCARA robots the preferred choice. Across the electronics manufacturing landscape, automation is increasingly viewed as essential for global market competitiveness, with SCARA robots emerging as the go-to solution for manufacturers of all sizes. This trend is exemplified by FANUC, a leading Japanese robot manufacturer, which operates a 22-factory complex with minimal human involvement, epitomizing the "lights-out" concept. FANUC's production of over 22,000 new robots monthly, aided by automated industrial robots, underscores the significance of SCARA robots in meeting the dynamic needs of the electronics industry while ensuring manufacturing efficiency and precision.
Restraints in the SCARA Robot Market
A significant challenge confronting the global SCARA robots market is the substantial expense associated with their installation. The acquisition cost for an average-to-large SCARA robot typically ranges between $45,000, with variations based on specific features and capabilities. This price bracket can span from $25,000 to as high as $400,000, depending on factors such as load capacity, reach, speed, number of axes, precision, and controller type. For example, a basic four-axis SCARA with a 10 kg payload and 1000 mm reach may be priced around $50,000, while a model with six axes, a 20 kg payload, 2000 mm reach, and 0.05 mm repeatability could exceed $75,000. The significant upfront investment poses a substantial barrier, particularly for small and medium enterprises with limited financial resources, hindering their adoption of this advanced automation technology. Despite SCARA robots' high efficiency and productivity levels, their steep installation costs impede market expansion, especially in cost-sensitive industries and regions.
Market Trends of the SCARA Robot Market
In recent years, both ABB Robotics and FANUC America have expanded their SCARA robot offerings to meet evolving market demands. ABB Robotics introduced the IRB 930 to its SCARA robot lineup in November 2023, complementing its existing models and catering to a wider range of industrial automation needs with payloads of 12 kg and 22 kg. This addition reflects ABB's commitment to addressing opportunities in traditional and emerging markets while delivering precision and efficiency in manufacturing applications. Similarly, in June 2022, FANUC America expanded its SCARA robot portfolio by introducing three new models: the SR-3iA/U ceiling mount, SR-3iA/C, and SR-6iA/C variants. These additions further solidify FANUC's position in the automation sector, enhancing its ability to serve various industries, including assembly, packaging, material handling, and inspection processes. As a prominent player in CNCs, robotics, and ROBOMACHINES, FANUC remains dedicated to advancing tailored solutions to meet the diverse needs of industrial applications.