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RPA Smartphone Manufacturing Market Sales, Profits Regional Study and Forecast 2020-2030
Posted: Jan 01, 2023
The RPA Smartphone Manufacturing Market is growing rapidly. Factors such as the rising adoption of automation and digitization in smartphone manufacturing and increasing demand for RPA for smartphone manufacturing drive the market growth. Besides, advances in robotics and manufacturing techniques substantiate the growth of the market.
With the growing need for robotic transformations, the market is estimated to witness escalated demand worldwide. According to Market Research Future (MRFR), the global robotic process automation for smartphone manufacturing market is poised to grow exponentially by 2027, registering a significant CAGR throughout the forecast period (2020 - 2027).
Robotic process automation (RPA) is an emerging trend in the smartphones manufacturing industry worldwide, improving operational efficiency. Installing RPA makes it easy for manufacturers to produce smartphones in huge quantities at a lower cost with fast speed. The increasing demand for smartphones has attracted high growth in smartphone manufacturing sectors.
Moreover, innovations in the mobile interface & digital technologies and growth in social media usages & mobile apps have influenced the market growth, increasing sales of smartphones worldwide. This growing demand for smartphones integrated with more features to make customers' lives easy and secure offers vast market opportunities.
RPA Smartphone Manufacturing Market - Competitive Analysis
Highly competitive, the RPA for smartphone manufacturing market appears fragmented due to the presence of several well-established players. Mergers & acquisitions, innovation, and brand reinforcement remain prevailing key trends for the leading players as these strategies support their growth and expansion plans. They deliver reliable, leading-edge products and services. For which they invest substantially in R&D to develop adept technologies and products.
Major Players:
Players leading the RPA smartphone manufacturing market Seiko Epson Corporation, ABB Ltd, Yaskawa Electric Corporation, KUKA Robotics, Denso Wave Inc., Fanuc Corporation, Nice Ltd, Nachi Robotic System Inc., Redwood Software, and Pegasystems Inc., among others.
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RPA for Smartphone Manufacturing Market - Segments
The report is segmented into robot types, components, organization size, and regions. The robot type segment is sub-segmented into Cartesian, SCARA, articulated, delta, 6-axis robot, redundant, dual-arm, and parallel. The component segment is sub-segmented into motor, generators, motor controls, automation equipment, and power transmission equipment.
The organization size segment is sub-segmented into small & medium enterprises and large enterprises. The region segment is sub-segmented into North America, Europe, Asia-Pacific, and the rest of the world.
RPA Smartphone Manufacturing Market - Regional Analysis
North America leads the global robotic process automation for smartphone manufacturing market. The largest market share attributes to the strong presence of notable players and well-established development centers, allowing the early adoption of advanced technologies and robotic transformation.
Besides, increasing R&D investments to develop automation technologies and services boost the robotic automation smartphone manufacturing market size. The increasing adoption of RPA across the smartphone manufacturing industry in the region boosts market growth.
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