Modular Robotics Market 2024| By Key Players, Share, and Forecast to 2031

The global modular robotics market is anticipated to grow at a moderate CAGR of 17.5% during the forecast period. The new product launches by players operating in the global modular robotics market are driving the growth of the global modular robotics market. For instance, in July 2022, Beckhoff introduced the ATRO Modular Robot. The ATRO (Automation Technology for Robotics) system is a modular industrial robot system that allows end users, integrators, and machine builders to create an optimal robot configuration for their application. The system is comprised of standardized motor modules with integrated drive functionality, link modules of various designs and lengths, and the TwinCAT control platform. With these components, users can create robotic systems ranging from 1-axis rotary indexing tables and 3-axis delta robots to 6- and 7-axis articulated robots.

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In June 2020, Seoul startup Robot Factory has taken to Kickstarter to launch their PingPong modular robot platform, which can be used to create a myriad of different robots, such as snake bots, drawing bots, and robotic arms, among hundreds of others. PingPong is based around modular Cubes each outfitted with a stepper motor, servo motor interface, rechargeable battery, extension port and a host of sensors, including proximity, accelerometer, and gyroscope. They’re also equipped with BLE 5.0 and an IR sensor to control the Cubes wirelessly through a companion app.

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Market Coverage

• Segment Covered- 

o             By Robot Type

o             By End-User Industry

• Regions Covered-

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the World

• Competitive Landscape- ABB Ltd., KUKA AG, Mitsubishi Electric Corp., FANUC Corp., and Kawasaki Heavy Industries Ltd. 

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?

o             Deviation from the pre-COVID-19 forecast

o             Most affected region and segment

• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Modular Robotics Market Report by Segment

By Robot Type

• Articulated Modular Robots
• SCARA Modular Robots
• Collaborative Modular Robots 

By End-User Industry

• Automotive
• Electrical & Electronics
• Plastic
• Rubber
• Chemicals 

Global Modular Robotics Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe 

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific 

Rest of the World

• Latin America 
• Middle East & Africa

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1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
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