Parallel robot refers to an industrial robot with two, three, four or more degrees of freedom connected by at least two movable links between the moving platform and the base.
Japan and Europe are the forefront regions of the world's largest parallel robot production market. At the same time, China is also the forefront of the largest parallel robot consumer market in 2019.
ABB, Fanuc and Yaskawa are the top 3 manufacturers of the world they hold half of the market share in 2019.
In the application field, the food and 3C industries have a market share of 25.02% and 28.51% in 2019, respectively. Due to the different strategic positioning and demand of products in various application fields, the gap in market share has been expanding.
At present, there are mainly two types of parallel robots, multi-axis and two-axis. Multi-axis is the main type of parallel robots. In 2019, the output of multi-axis parallel robots is about 14,909 (units), accounting for 70.52% of the global share.

Market Analysis and Insights: Global and China Parallel Robots Market
This report focuses on global and China Parallel Robots market.
In 2020, the global Parallel Robots market size was US$ 3192.3 million and it is expected to reach US$ 7220 million by the end of 2027, with a CAGR of 12.4% during 2021-2027. In China the Parallel Robots market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Parallel Robots Scope and Market Size
Parallel Robots market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Parallel Robots market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Parallel Robots market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Multi-Axis
Two-Axis

Segment by Application
Food Industry
Pharmaceutical Industry
Daily Chemical Industry
3C Industry
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
ABB
Fanuc
Yaskawa
Omron
Kawasaki Heavy Industries
Bekannter Robot Technology Co., Ltd.
Atomrobot
Robotphoenix LLC
Penta Robotics
warsonco Corporation