According to this report, the robotic arms market is set to witness an accelerating category spend momentum of because of the rapid category adoption across the manufacturing, automotive, construction, mining, and electronics industries. Robotic arms are being installed with artificial intelligence technology which is expected to boost the category growth scopes in the years to come.
The report provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
One of the procurement best practices for buyers is to engage with suppliers that bundle robotic arms with products such as CNC, motors, chipsets, and other related products.
According to the report, one of the key growth contributors for the global robotic arms market is the extensive category usage in end-user industries such as the manufacturing sector for functions like picking and placing, palletizing, material handling, transferring parts and components, assembling of components, and machine tending.
Further, the report states that one of the key category management strategies for the buyers in the global robotic arms market is to ensure a quick and proactive response from suppliers for machine failures considering the fact that this category is prone to periodic mechanical failures.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis. Key Questions Answered
What are the market dynamics?
What are the key market trends?
What are the category growth drivers?
What are the constraints on category growth?
Who are the suppliers in this market?
What are the demand-supply shifts?
What are the major category requirements?
What are the procurement best practices in this market?
Topics Covered
PART 01: Executive Summary
PART 02: Market Insights
Global category spend
Category spend growth
Spend segmentation by region
Regional spend dynamics
Regional influence on global spend
Regional spend opportunity for suppliers
PART 03: Category Pricing Insights
Pricing outlook
Supplier cost structure
Outlook for input costs
Total cost of ownership analysis
Overview of pricing models
Comparison of pricing models
Supply chain margins
Cost drivers impacting pricing
Volume drivers impacting pricing
PART 04: Cost-Saving Opportunities
Supplier-side levers
Buyer-side levers
Quantifying cost-saving opportunities
Quantifying cost savings by negotiation strategies
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