Wafer Handling Robots Market Size to Grow by $ 65.29 mn through 2021-2025
Technavio research projects the wafer handling robots market to grow by $ 65.29 mn, accelerating at a CAGR of almost 5% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report
Wafer Handling Robots Market: Key Market Driver
One of the primary factors that will trigger the growth of the wafer handling robots market size is innovations in electronics and semiconductor manufacturing. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.
Wafer Handling Robots Market: Vendor Analysis
The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Adenso GmbH, Brooks Automation Inc., DAIHEN Corp., JEL Corp., Kawasaki Heavy Industries Ltd., Kensington Laboratories LLC, Nidec Corp., Rexxam Co. Ltd., RORZE Corp., and Yaskawa Electric Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.
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Technavio has been monitoring the Global Wafer Handling Robots Market and it is expected to grow by USD 65.29 million, accelerating at a CAGR of almost 5% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. View Free Sample Report
Wafer Handling Robots Market: Innovations in electronics and semiconductor manufacturing to drive growth
There is a growing demand for wafer handling robots from the electronics and semiconductor manufacturing industry to handle consumer electronic parts such as parts with cylindrical geometry, circuit boards, solar wafers, coils, switches, connectors, and electromagnetic components. These robots are used for assembling electronic parts as they can easily pick up parts through circular tracking, resulting in higher throughput. Robotics companies are incorporating more sophisticated systems such as FANUC’s iRVision and robotic end effectors into their wafer handling robots to reduce delivery times and increase the speed of assembly processes. The demand for vacuum wafer handling robots for integrated circuits (ICs) fabrication under vacuum conditions is expected to grow as these robots can control particulates and provide a minimum contamination environment.
Another key player, TES is one of the prominent adopters of wafer handling robots and uses vacuum transport robots to manufacture LCDs and 6th generation organic light-emitting diodes (OLEDs). Owing to its positioning capabilities and efficient operation with micrometer scale accuracies and tolerances, wafer handling robots will see an increased adoption among end-user industries which will lead to market growth during the forecast period.
Wafer Handling Robots Market: Vendor Analysis
The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Adenso GmbH, Brooks Automation Inc., DAIHEN Corp., JEL Corp., Kawasaki Heavy Industries Ltd., Kensington Laboratories LLC, Nidec Corp., Rexxam Co. Ltd., RORZE Corp., and Yaskawa Electric Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio offers custom research reports with detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report
