Robot Pedestal Market
Robot Pedestal Market By Product Type (Floor-mounted Pedestals, Mobile Pedestals, Workstations), Application (Automotive Industry, Electronics Industry) & Region - Forecast to 2021 - 2031
Market Insights on Robot Pedestal covering sales outlook, demand forecast & up-to-date key trends
Robot Pedestal Market Overview
According to latest research estimates, Robot Pedestal Market is set to witness healthy growth during 2021-2031 with a projected CAGR of 8-9%. Demand for Robot Pedestal will witness steady recovery in short-term, with optimistic growth outlook in the long-run.
Growing demand from automotive industry is expected to extend the product opportunities in coming years, however, sales in this sector will provide momentum.
What is Driving Demand for Robot Pedestals?
The robotic pedestal is standard capital equipment and are required in today’s high
technology manufacturing companies. Which is considered as a primary force driving the demand of the product. Its highly flexible infrastructure, compact design and cost effectiveness is propelling its demand in various end use industries. Also, the customized model provided by the manufacturers is driving the market growth of robotic pedestal to meet the workspace requirements.
Each robot usually requires its own custom manufactured robot pedestal, custom built to size and strength in order to ensure immobility while firmly supporting the robot and hence should be well designed for operative loads and dynamic loads which is offering plenty of opportunities for the market growth of robot pedestal.
The market is projected to grow with a significant CAGR owing to its rising applications and demand from industrial world.
Product Development to Gugment Sales of Robot Pedestals
The increasing fields of application and product development provides numerous opportunities for the market growth. Manufacturers are strongly focused on designing sturdy models by using best material to ensure durability and stability for a longer time and are implementing the advanced technology in terms of its functionality which will ensure a safe and secure work environment.
U.S. Robot Pedestals Market Outlook
U.S. is a mature market with the world's largest suppliers with comprehensive know-how and with advanced technology. The suppliers in U.S. can thus develop optimal solutions for potential end-users. The suppliers not only specialize in the machines and systems but also provide the pre-sale activities and after sales service to achieve strong customer base.
The presence of key market participants in the U.S. country, is likely favoring the market demand. A high level of technological competence in the field of automation combined with government investments to boost small scale production and upheave the industrial production, is providing momentum for market growth of in U.S robot pedestal market.
The automotive industry in the United States experienced a sharp drop in demand amid the outbreak of COVID-19 in 2020 which is projected to affect the targeted market in the same year and is expected to recover later over the period of 2021-2031.
South Korea Demand Outlook for Robot Pedestals
Demand from Automotive and Consumer Appliances industry incorporated pedestal robot based assembly units is expected to augment the market growth. With the nation known to have high index of robot installed fleet and mechanization rate in industrial sector, the target market growth is also expected to be benefited in the upcoming years.
Who are the Key Manufacturers and Suppliers of Robot Pedestals?
Some of the leading manufacturers and suppliers include
- Yaskawa Europe GmbH
- PGI Steel
- Cross Company
- American Grinding & Machine Company
- PaR Systems LLC
- FANUC America Corporation
- BROKK, ROSS VIDEO LTD
- MSI Tec
- Active Robots
- CIMTEC Automation
- Easy Robotics are among others.
The common trends among suppliers is that they engage into contract manufacturing with system developers, component integrators and assembly solution providers. These contracts help to provide value in the supply chain and deliver greater benefits to the end-user as well as supplier.
For instance, manufacturers are on the verge of designing fully automated models with a highly flexible infrastructure in terms of its functionality, durability and efficiency. Along with the technical advantage manufacturers are striving to make it cost effective and budget friendly to meet the needs of manufacturers.
Manufacturers are focused to make the pedestal strong enough, but making it stiff enough can be a real challenging design problem, hence key players are making efforts to overcome this challenge and to sand out with their skills, knowledge, tools and expertise to get it right and fast.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
By Product Type
- Floor-mounted Pedestals
- Mobile Pedestals
- Automotive Industry
- Electronics Industry
- North America
- Latin America
- Rest of Latin America
- Rest of Europe
- East Asia
- South Korea
- South Asia & Pacific
- Rest of South Asia & Pacific
- Middle East and Africa
- GCC Countries
- Northern Africa
- South Africa
- Rest of MEA