Hydraulic Robot Arm Market

Hydraulic Robot Arm Market Analysis by 4 Axis and Less, 5 Axis, and 6 Axis and Above for Aerospace & Defense, Automotive, and Others from 2023 to 2033

Analysis of Hydraulic Robot Arm Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Hydraulic Robot Arm Market Outlook (2023-2033)

The global hydraulic robot arm market is expected to reach a valuation of US$ 8,397.8 million in 2023 and is expected to progress at a CAGR of 9.8% to reach US$ 21,388.9 million by the end of 2033.

In 2023, the global robot market is estimated to be valued around US$ 38,654 million. Hydraulic robot arm is a vital part of the total robot market. In terms of value, sales of hydraulic robot arms accounted for nearly 21.7% share of the global robot market at the end of 2022.

Report Attributes

Details

Hydraulic Robot Arm Market Size (2022A)

US$ 7,574.1 million

Estimated Market Value (2023E)

US$ 8,397.8 million

Forecasted Market Value (2033F)

US$ 21,388.9 million

Global Market Growth Rate (2023-2033)

9.8%

North America Market Share (2022)

19.2%

North America Market Value (US$ Mn), 2023

US$ 1,612.4 million

Europe Market Share (%), 2023

23.4%

Europe Market Value (US$ Mn), 2023

US$ 1,965.1 million

China Market Share (%), 2023

26.4%

China Market Value (US$ Mn)

US $ 2,216.1 million

Market Share of Top 3 Countries

~49.9%

Key Companies Profiled

  • ABB
  • Adept Technologies
  • Asimov Robotics
  • DENSO WAVE INCORPORATED.
  • Dobot.cc
  • FANUC CORPORATION
  • Flexiv
  • Gridbots Technologies Private Limited
  • Kawasaki Heavy Industries, Ltd.
  • KUKA AG
  • Mitsubishi Electric Corporation
  • NACHI-FUJIKOSHI CORP.
  • OMRON Corporation
  • Rockwell Automation, Inc.
  • Seiko Epson Corporation.
  • Universal Robots
  • YASKAWA ELECTRIC CORPORATION.

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Sales Analysis of Hydraulic Robot Arm (2018-2022) Vs. Market Outlook (2023-2033)

Automation has become the backbone of manufacturing in the modern world, leaving those indifferent in using industrial robots. Automation has disrupted the employment sector, but the benefits it has brought over the past decade are undeniable. Workplace safety has improved, productivity has increased, and the overall quality of goods has become more accurate.

The hydraulic robotic arm kit is the one piece of robotic technology that has most significantly fueled this revolution. Hydraulic robotic arms are advanced mechanical appendages that are automated and run by special executable programs that allow them to perform some function in a manufacturing facility. Based on the above factors, hydraulic robot arm sales will reach sky heights by the end of forecast period.

  • Short Term (2023 Q1 to 2026): Increasing adoption of smart industry and Industry 5.0 will positively impact hydraulic robot arm market growth.
  • Medium Term (2026- 2029): North America and Asia Pacific regions are anticipated to witness comparatively high hydraulic robot arm demand due to increasing manufacturing landscape.
  • Long Term (2029- 2033): Implementation of highly advanced technologies in the robotic industry can open new opportunities for hydraulic robot arm market players.

From 2018 to 2022, the global market for hydraulic robot arm registered a CAGR of 8.2%. Fact.MR, a market research and competitive intelligence provider, reveals that the market will exhibit growth at 9.8% CAGR between 2023 and 2033.

Hydraulic Robot Arm Market Forecast by Fact.MR

Market share analysis of hydraulic robot arm based on region and application is provided in the above image. Under the application segment, assembly sub-segment dominates with 16.7% market share in 2023.

What’s Driving High Demand for Hydraulic Robot Arm across Regions?

“Rising Demand for Collaborative Robots that can Safely Work with Humans”

The hydraulic robot arms are safer, faster, and more accurate than human. It is difficult to give an exact number of how much a hydraulic robotic arm can accomplish and how quickly it can move objects as compared to a human worker.

Robots can easily finish tasks at a faster pace when they are programmed before they perform any task. They are ideal for any task as long as they are given sufficient room to work in. In order to increase efficiency without reducing speed, those working alongside humans are outfitted with sensors that can prevent collisions with human workers or other machines.

The operators can easily double the profits by automating the manufacturing process with a hydraulic robotic arm. Such extensive utilization of hydraulic robot arms in various industrial processes is likely to contribute to increased sales of these kind of robots.

“Increasing Versatility of Hydraulic Robotic Arms to Elevate in Automotive Manufacturing Sector”

Robotic arms powered by hydraulics can perform a variety of tasks. They can do variety of tasks in the production line very quickly after being repurposed and reprogrammed. These are currently used for sorting; a hydraulic robotic arm can be moved to the palletizing section.

Spending thousands of dollars on a hydraulic robotic arm will be justified because the consumer knows it will be able to handle all of the demands at once without the need for any additional human hands. The increased use of these robots in automotive manufacturing sector in order to perform picking and placing of heavy loads, welding positioning and other assembly like processes.

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What Do Hydraulic Robot Arm Manufacturers Need to Watch Out?

Restriction to Programming Can Hamper the Hydraulic Robot Arm Market Growth”

Robots must be constantly monitored to prevent mechanical errors that cause them to stop. This can result in losses for the company. Technological advances have made monitoring robots much easier. This works even from a distance. Robots can only perform tasks given to them by programming.

The robot can send feedback on the process to the operator via text the message. Certain technical issues cannot be fixed remotely without stopping the robot. Restriction to programming of robots is expected to limit the growth of the hydraulic robot arm market during the forecast period. As a result, this may hinder market expansion.

Country-wise Insights

Why U.S. is Expected to Drive Hydraulic Robot Arm Demand?

Increasing robot manufacturers in the United States requires a large investment. As a result, the US hydraulic robot arm market will dominate for the expected period of time. The United States hydraulic robot arm value is expected to reach US$ 1,358.6 million in 2023.

Human workers are prone to making mistakes that can ultimately affect the quality of the final product. The country wants to expand its manufacturing ability. This has not only increased production speed, but also greatly improved the quality of the final product. Therefore, the market is poised to grow during the forecast period.

Why Chinese Hydraulic Robot Arm Market Expected to Be Highly Lucrative?

Working with multiple people can be expensive because a companies must pay a lot in wages and related expenses. However, the robotic arm can complete human tasks considerably more quickly and cheaply than a human could. China's manufacturing capacity expansion is anticipated to boost the country's automation industry.

China's efforts to expand automation across a variety of industries, significantly decreasing resource and time consumption and raising production and efficiency. Due to its dense population, China in particular is increasingly utilizing robots to develop its next-generation logistics network. Therefore, it is anticipated that the Chinese hydraulic robot arm market will be worth US$ 2,216.1 million in 2023.

Know thy Competitors

Competitive landscape highlights only certain players
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Category-wise Insights

Why is Automotive a Driving Segment in Hydraulic Robot Arm Market?

The automotive industry uses robots on assembly lines for various manufacturing processes. Nowadays, automakers are focusing on exploring the use of robotics in several stages of manufacturing. Robots are more accurate, flexible, efficient, and reliable in these production lines. The technological advancements in the automotive industry has allowed them to remain one of the world's most automated supply chains and one of the largest users of robots.

Every vehicle has thousands of cables and parts, and complex manufacturing processes are required to get the parts where they are needed. Robotic automation solutions help automotive manufacturers stay flexible. Owing to the above facts, the automotive sub-segment of end use industry for the hydraulic robot arm market is expected to obtain a market share of 20.8% by the end of 2023.

How Payload Capacity is Poised to Drive Hydraulic Robot Arm Market?

One of the most crucial factors to take into account when choosing a hydraulic robot arm is robot payload. One of the first features provided by robotics manufacturers and frequently used to describe a robot is payload capacity. When choosing a robot, it's crucial to take its payload into account because it can significantly affect both the unit's general performance and the outcome of the application.

A robot with an inadequate payload can damage the robot or cause the application to fail. While choosing a robot with a big payload can result in inefficient cycle times and production. As a result, there would be an increase in demand for payload capacity of hydraulic robot arm as it can easily weigh heavy objects, Thus, 3000 kg and above sub segment is considered to reach a market value of about US$ 2,376.6 million in 2023.

Competitive Landscape

Prominent hydraulic robot arm manufacturers are KUKA AG, Fanuc Corporation, Jameco, Zhengzhou Yueda Technology Equipment Co., Ltd., Jinan YZH Machinery Equipment Co., Ltd., ABB, Isamkenya, Adept Technologies, DENSO WAVE INCORPORATED, Rockwell Automation, Inc., Nachi-Fujikoshi Corp, Universal Robots, OMRON Corporation, Asimov Robotics, Gridbots Technologies Private Limited.

These leading hydraulic robot arm producers are always coming up with innovative product designs to match the current demands of component placement in severe settings. Modern robots and their peripherals are in high demand, which enables market participants to broaden their product lines. In the hydraulic robot arm market, some significant firms have implemented aggressive price policies.

Fact.MR has provided detailed information about the price points of key manufacturers of hydraulic robot arm positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Hydraulic Robot Arm Industry Research

  • By Payload :

    • Less than 500KG
    • 500-3000KG
    • 3001KG and Above
  • By Axes :

    • 4 Axis and less
    • 5 Axis
    • 6 Axis and Above
  • By Application :

    • Packaging
    • Palletizing
    • Material handling
    • Painting
    • Welding
    • Assembly
    • Inspection
    • Cutting
    • Dispensing
  • By End Use Industry :

    • Aerospace and Defense
    • Automotive
    • Chemicals & Materials
    • Electrical & Electronics
    • Food and Beverage
    • Healthcare
    • Mining & Oil & Gas
    • Retail & e-Commerce
    • Logistics & Warehousing
    • Packaging
    • Others
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • Middle East and Africa (MEA)

- FAQs -

What is the global hydraulic robot arm market size?

The global hydraulic robot arm market is expected to be at US$ 8,397.8 million in 2023.

How is the market for hydraulic robot arm expected to fare in the future?

Worldwide demand for hydraulic robot arm is anticipated to reach US$ 21,388.9 million by 2033-end.

How did the market perform over the past few years?

During 2018-2022, sales of hydraulic robot arm increased at 8.2% CAGR.

Which regional market accounts for a leading market share?

East Asia leads the global hydraulic robot arm market accounting for 38.3% market share in 2023.

What is the share of packaging application for the hydraulic arm robot?

Packaging application will account for 16.3% share of the global market in 2023.

Hydraulic Robot Arm Market

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