Scara Pick And Place Machine Market
The market for Scara Pick And Place Machine was estimated at $361 million in 2024; it is anticipated to increase to $500 million by 2030, with projections indicating growth to around $656 million by 2035.
Global Scara Pick And Place Machine Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Scara Pick And Place Machine industry revenue is expected to be around $380.7 million in 2025 and expected to showcase growth with 5.6% CAGR between 2025 and 2034. The SCARA Pick and Place Machine market is experiencing growth due to various factors that highlight its continued importance in industries like electronics, automotive and healthcare that rely heavily on precise assembly operations. Moreover there is a growing emphasis, on enhancing efficiency and cutting costs, which has resulted in the increased use of SCARA robots known for their motion control, high speed performance and impressive accuracy. The incorporation of the IOT (IoTs ) into manufacturing processes has greatly enhanced the market, for SCARA Pick and Place Machines by showcasing the effectiveness and efficiency of this technology.
The SCARA Pick and Place Machine stands out for its qualities like speed efficiency and precise repeatability that are highly beneficial for accurate tasks in different industries. Their usage spans a range of activities such as assembling small components and managing circuit boards and packaging materials. There is a growing preference for upgrading equipment with SCARA robots lately which has led to an increased demand for these machines, in the market.
Market Key Insights
- The Scara Pick And Place Machine market is projected to grow from $360.5 million in 2024 to $622 million in 2034. This represents a CAGR of 5.6%, reflecting rising demand across Electronics, Pharmaceutical and Food & Beverage Industry.
- ABB Ltd., Epson Robots, FANUC Corporation are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Scara Pick And Place Machine market and are expected to observe the growth CAGR of 3.6% to 5.4% between 2024 and 2030.
- Emerging markets including Brazil, South Africa and Indonesia are expected to observe highest growth with CAGR ranging between 6.4% to 7.7%.
- Transition like Automation Domination has greater influence in U.S. and Germany market's value chain; and is expected to add $13 million of additional value to Scara Pick And Place Machine industry revenue by 2030.
- The Scara Pick And Place Machine market is set to add $261 million between 2024 and 2034, with manufacturer targeting Electronic Component Assembly & Automobile Assembly Application projected to gain a larger market share.
- With Increasing demand for automated systems in manufacturing industries, and High precision and efficiency, Scara Pick And Place Machine market to expand 72% between 2024 and 2034.