Parallel Robots Market Segmentation Overview 2016 to 2020

Key players in the global parallel robots market: ABB, Codian Robotics, FANUC, and OMRON.Other Prominent Vendors in the market are: Epson Robotics, Kawasaki Heavy Industries, Mitsubishi Robotics, Penta Robotics, Staubli Robotics, and Yamaha Robotics.

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The analysts forecast the global parallel robots market to grow at a CAGR of 5.70% during the period 2016-2020. A parallel robot has at least two arms. The end of arm tools in a parallel robot is connected to the overhead base through several chains of interconnected links. The joints are not actuated, and these passive joints (spherical, universal and planar joints) have several degrees of freedom. The two types of parallel robots are hexapods, which are commonly used in motion simulators, also known as motion platforms, and the delta robots that are used for quick pick and place operations.

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A delta robot consists of three arms connected to joints at the overhead base. The orientation of end effector is maintained by a key design feature that incorporates parallelograms in the arms. Hence, they are efficient in pick and place operations and can execute 300 picks per minute. FANUC, ABB, Kawasaki, Panasonic, and Motoman are the key manufacturers of delta robots.

The parallel robots market report covers the present scenario and the growth prospects of the global market for 2016-2020. To calculate the market size, This reports considers the revenue generated from the sales and aftermarket services of parallel robots. The report presents the vendor landscape and a corresponding insight on the top four vendors operating in the market.

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Market driver: Increase in cumulative savings

Market challenge:...