Germany Delta Robots Market is expected to reach USD 270.23 million by 2030

16-Oct-2023

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The existence of major market players and growing labor shortage concerns are driving up demand for the Germany Delta Robots market during the forecast period.

Germany Delta Robots Market was valued at USD 148.86 million in 2022, and is predicted to reach USD 270.23 million by 2030, with a CAGR of 6.78% from 2023 to 2030, according to new research by Next Move Strategy Consulting.

The market is experiencing growth due to the presence of a major corporation that offers a range of products related to delta robots and is actively expanding its business operations. For instance, in November 2022, KUKA AG has unveiled the KR 3 D1200, a versatile robot designed for various applications, including the precise handling of food products, with a maximum payload capacity of 6 kg. Specifically beneficial for the food and pharmaceutical industries, the KR 3 D1200 comes equipped with food-safe H1 lubricants as a standard feature, making it suitable for secondary tasks involving food handling.

Also, in August 2023, IGUS partnered with the MassRobotics Associated Network to expand robotic automation services for small and midsize enterprises (SMEs) and advance robotics technology. Under this partnership, IGUS will provide affordable, cutting-edge automation solutions to SMEs worldwide.

However, the market faces a significant hurdle in its growth due to the high price of delta robots. Although these robots are renowned for their precision and efficiency, their cost can be a deterrent for many businesses, particularly small and medium-sized enterprises (SMEs).

Furthermore, the extended time required to achieve a return on investment (ROI) because of these substantial upfront expenses can discourage companies seeking immediate cost savings and efficiency improvements. This situation not only hampers the market's expansion but also contributes to market consolidation, as only larger corporations can afford and benefit from this advanced automation technology.

The delta robot market has a substantial opportunity for growth by incorporating advanced technologies like computer vision and artificial intelligence (AI) to elevate precision. These state-of-the-art technologies empower delta robots to operate with greater accuracy and efficiency, opening up new possibilities for applications across diverse industries.

Combining computer vision and AI doesn't just improve precision; it also increases overall productivity while reducing errors in manufacturing. This can save costs, enhance product quality, and make businesses more competitive when they use delta robots with these advanced technologies. As industries keep adopting automation and need more precision and flexibility, the delta robot market is poised to gain substantially from integrating computer vision and AI.

Request for a sample here: https://www.nextmsc.com/germany-delta-robots-market/request-sample

According to the report, leading players in the Germany Delta Robots market include ABB Ltd., Fanuc Corporation, Kawasaki Heavy Industries Ltd, Yaskawa Electric Corporation, FESTO, Weiss GmbH, Omron Corporation, IGUS GmbH, Cama Group, and KUKA AG.

Key Insights from the Germany Delta Robots Market Report:

  • The information related to key drivers, restraints, and opportunities and their impact on the Germany Delta Robots market is provided in the report.

  • The value chain analysis in the market study provides a clear picture of the roles of each stakeholder.

  • The market share of players in the Germany Delta Robots market is provided in the report along with their competitive analysis.

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