Heavy Payload Robotic Arm Market Share and Size 2023-2028: Demand, Growth and Forecast
According to the recent report by IMARC Group, titled “ Heavy Payload Robotic Arm Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 .’ The global heavy payload robotic arm market size reached US$ 12.46 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 15.71 Billion by 2028, exhibiting a growth rate (CAGR) of 3.85% during 2023-2028. What is Heavy Payload Robotic Arm? A heavy payload robotic arm maintains the capability to execute demanding tasks, including picking and placing, machine loading, drilling, palletizing, and spraying. It is constructed using robust materials, such as steel, aluminum, and composites, to withstand substantial forces and torques. A heavy payload robotic arm ensures the safe and accurate handling of hefty freight and is equipped with force sensing, load balancing, and collision avoidance features. In addition to this, by performing tasks that would pose risks to human workers, it effectively red...