The Global FPD Robots Market Size is projected to grow at CAGR of approximately 8.5% during the forecast period.
The market for robots producing flat panel displays, such as those found in computer monitors and mobile devices, is called the FPD (Flat Panel Display) robots market. In recent years, the need for accuracy and high precision in producing flat panel displays has driven the market for FPD robots to steady growth. It is impossible to ignore the significant role that North America, particularly the United States, will continue to play. The development trend of FPD Robots may be affected by any developments from the United States. The market in North America is supposed to develop extensively during the estimate time frame. The market is likely to have a lot of growth opportunities because of the high rate of adoption of cutting-edge technology and the presence of major players in this region.
The COVID-19 epidemic has severely affected the market for FPD (Flat Panel Display) robots by interrupting global supply chains, decreasing consumer electronics demand, and sowing economic instability.
It can help industries cut production costs by raising efficiency and eliminating waste. Because of this, businesses aiming to increase their bottom line have found them to be beneficial investments.
Flat panel display demand has been expanding over time because to the rising popularity of consumer devices and the expansion of the entertainment sector. Due to this, there is now a greater requirement for FPD robots to assist manufacturers generate displays with greater efficiency.
The market for FPD robots has expanded as a result of the move towards higher levels of automation in the manufacturing sector. FPD robots have grown in importance as a tool for manufacturers looking to automate more of their production processes.
FPD robots can be expensive to purchase in the beginning, which may prevent certain manufacturers from using them. Human workers may lose their jobs if manufacturing processes become more automated through the usage of FPD robots.
Consumer goods like televisions, cell phones, computer and tablets are in high demand, and this desire will fuel the demand for FPD robots to produce them.
FPD robots can save overhead expenses, boost productivity, and enhance product performance for manufacturers.
Report Metric | Details |
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Market Size by 2031 | USD XX Million/Billion |
Market Size in 2023 | USD XX Million/Billion |
Market Size in 2022 | USD XX Million/Billion |
Historical Data | 2020-2022 |
Base Year | 2022 |
Forecast Period | 2024-2032 |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segments Covered |
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Geographies Covered |
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Companies Profiles |
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This type of robot is designed to handle glass substrates that are 370mm x 470mm in size, which are typically used in the production of small-sized displays such as those found in mobile phones.
This type of robot is designed to handle glass substrates that are 730mm x 920mm in size, which are used in the production of medium-sized displays such as those found in laptops and televisions.
This type of robot is designed to handle glass substrates that are 1100mm x 1300mm in size, which are used in the production of large-sized displays such as those found in televisions.
This type of robot is designed to handle glass substrates that are 2160mm x 2460mm in size, which are used in the production of very large-sized displays such as those found in public displays and billboards.
This type of robot is designed to handle glass substrates that are 2940mm x 3370mm in size, which are used in the production of ultra-large-sized displays such as those found in large outdoor displays.
The LCD segment of the market includes robots used in the production of displays that use liquid crystals to display images. These displays are commonly found in consumer electronics such as televisions, laptops, and mobile phones.
The LED segment of the market includes robots used in the production of displays that use light emitting diodes to display images. These displays are commonly found in electronic signage, outdoor displays, and automotive displays.
The Global FPD Robots Market is segmented by region as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
The market in North America is driven by the increasing demand for high-quality displays in industries such as healthcare, gaming, and entertainment. The region is expected to witness steady growth in the coming years, owing to the growing adoption of automation in the manufacturing sector and the increasing demand for FPDs in the automotive and aerospace industries.
The market in Europe is expected to grow at a significant rate due to the presence of major automotive manufacturers in the region. The increasing adoption of automation in the manufacturing process and the growing demand for high-quality displays in various industries such as healthcare, gaming, and entertainment are also contributing to the growth of the market in Europe.
The Asia-Pacific region is the largest and fastest-growing market for FPD Robots. This is mainly due to the increasing demand for FPDs in industries such as consumer electronics, automotive, and aerospace. Countries such as China, Japan, and South Korea are major contributors to the growth of the market in the region, owing to their significant investments in automation and manufacturing.
The market in the Middle East and Africa is expected to witness moderate growth in the coming years, owing to the increasing adoption of automation in the manufacturing sector and the growing demand for high-quality displays in various industries such as healthcare and entertainment.
The construction of a new OLED display manufacturing facility in Asian, South Korea, which will cost $10.7 billion and provide considerable potential for FPD robots, was announced by Samsung Display in March 2021.