Tag Archives: Heavy Payload Robotic Arm Market Size

Heavy Payload Robotic Arm Market: Opportunities, Key Factors, ****** Forecast

The rise in emphasis towards improving the operational efficiency of production as well as cost reduction fuel the adoption of robotic arms and industrial robotics across various end-users. In addition, the high cost of labor, especially among developed economies such as North America and Europe is anticipated to drive the market growth of heavy payload robotic arm market in the coming years. 

The Heavy Payload Robotic Arm Market size is expected to reach $13,620.96 million by 2025 from $9,740.57 million in 2017, growing at a CAGR of 4.39% during the forecast period (2018‐2025). As the name suggests these robotic arms are capable of handling heavy to very heavy payloads.