Global Articulated Robot Market to Surge at 16.1% CAGR Through 2031, Driven by Automation and Rising Labor Costs

The latest market analysis from Reed Intelligence reveals that the global articulated robot market is on track for robust growth, with the market size projected to expand substantially between 2023 and 2031.

Market Overview
Base Year (2023): Market valued at USD 24.48 billion

Forecast Year (2031): Projected to grow with a CAGR of 16.1% through the forecast period.

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Key Highlights
Largest Region (2023): North America, holding a dominant share of the global market.

Fastest-growing Region: AsiaPacific (APAC) — projected to grow at the fastest pace over the forecast period.

Largest Segmentation by Type: The “6-Axis or More” category remains a primary contributor to revenue.

Major Application Segment: The “Handling” application leads in usage globally, showing high demand across industries.

Fastest-growing Segmentation: Handling applications are also projected to grow at a strong pace during the forecast period.

Market Dynamics
The global articulated robot market is witnessing an acceleration driven by increasing adoption of automation, proliferation of Industry 4.0 initiatives, and rising labor costs that incentivise manufacturers to switch to robotic systems.

These factors make articulated robots — especially multi-axis systems — more attractive for tasks requiring precision, repeatability, and high throughput, such as material handling, assembly, welding, and painting.

At the same time, the market faces headwinds in the form of supply-chain disruptions, high initial capital expenditure for installation, and uncertainties related to economic cycles and regulatory environments. However, these challenges also create opportunities: increasing demand for collaborative robots, expansion into healthcare and advanced-materials sectors, and growth in emerging economies — especially within Asia-Pacific and other under-penetrated regions.

Top Market Players
Fanuc

Kuka

ABB

Yaskawa

Kawasaki

Denso

Nachi-Fujikoshi

Epson

Staubli

OTC

Comau

Omron Adept Technologies

Siasun

Hiwin

Yamaha

Additional firms including GSK, Triowin, and Nanjing Estun Automation.

Segmentation Regional Scope
By Type

4-Axis or Less

5-Axis

6-Axis or More

By Application / End-Use Industry

Automotive

Electrical Electronics

Machinery

Rubber, Plastics Chemicals

Food Beverage

Others

By Region

North America

Europe

Asia-Pacific (APAC)

Middle East Africa (LAMEA/MEA)

Latin America / Other regions (as defined in the report)

About the Report
The report by Reed Intelligence provides a comprehensive, in-depth analysis of the global articulated robot market — including market size, segmentation by type and application, regional analysis, competitive landscape, and expert commentary on market dynamics such as drivers, restraints, and growth opportunities.

Global Cyanuric Acid Market Set for Steady Growth Through 2031

The global Cyanuric Acid market — as per the latest report from Reed Intelligence — is poised to witness stable expansion between 2023 and 2031, according to “Global Cyanuric Acid Market Size, Share and Trends Analysis By Type, By Application, By Region (North America, Europe, Asia Pacific, LAMEA) and Forecasts, 2023–2031.”

Base Year and Forecast Year Market Size / CAGR

Base Year: 2023 (report baseline).

Forecast Period: 2023–2031.

Compound Annual Growth Rate (CAGR): ~ 4.4% over the forecast period.

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Key Highlights

Largest Region (by share today): Asia-Pacific along with established markets in North America and Europe. The report identifies strong demand across APAC driven by emerging economies and growing industrialization.

Fastest-Growing Region: Asia-Pacific (APAC) – attributed to rising pool ownership, expanding water treatment infrastructure, and increasing chemical manufacturing activities.

Largest Market Segment (by Type): Particle Cyanuric Acid and Powdered Cyanuric Acid dominate the market.

Largest Market Segment (by Application): Applications in fine chemicals, synthetic resins and other specialty chemical uses lead demand.

Fastest-Growing Segment(s): The segments tied to water treatment, pool and spa sanitation, and chemical synthesis are expected to grow fastest, given rising demand for sanitation and water-treatment chemicals globally.

Market Dynamics

Drivers
The global cyanuric acid market is being driven primarily by increasing demand for pool and spa sanitation, water treatment, and chemical synthesis applications. As more households worldwide install swimming pools and spa facilities, and as water treatment infrastructure expands, cyanuric acid’s role as a stabilizer for chlorine — preventing premature degradation by UV rays — becomes increasingly critical.

Moreover, rising disposable incomes and growing awareness around hygiene and water quality, especially in developing economies, are leading to increased pool ownership and stricter environmental regulations for water treatment. These factors are expected to significantly boost demand over the forecast period.

Restraints & Opportunities
Despite favorable demand trends, the market faces challenges such as regulatory hurdles, supply-chain disruptions, and competitive pressures from alternative water-stabilizing chemicals or methods. Such constraints could impede faster growth and require market players to adopt innovative solutions or optimize production processes.

At the same time, these challenges present opportunities: by investing in advanced purification technologies, more efficient production, and sustainable manufacturing, companies can differentiate themselves and tap into underserved regions. Additionally, expansion into emerging economies — where infrastructure for water treatment is still developing — presents significant growth potential.

Top Market Players

Key companies active in the global cyanuric acid market include:

Wolan Biology

Hebei Jiheng Chemical

Mingda Chemical

Hebei Haida Chemical

Hebei Fuhui Chemical

Baokang Chemical

Daming Science and Technology

Jingwei Chemical

Huayi Chemical

Shandong Xingda Chemical

Segmentation & Regional Coverage

By Type:

Particle Cyanuric Acid

Powdered Cyanuric Acid

By Application:

Fine Chemicals Industry

Synthetic Resin

Others

By Region:

North America (U.S., Canada, Mexico)

Europe (including UK, Germany, France, Italy, Spain, Russia, Nordics, Benelux, Rest of Europe)

Asia-Pacific (China, Korea, Japan, India, Australia, Singapore, Taiwan, Southeast Asia, Rest of APAC)

LAMEA (Latin America, Middle East & Africa) covering Latin America — Brazil, Mexico, Argentina, Chile, Colombia, Rest of LATAM — and MEA — UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Rest of MEA.

About the Report

This press release is based on the “Global Cyanuric Acid Market Size, Share and Trends Analysis By Type, By Application, By Region (North America, Europe, Asia Pacific, LAMEA) and Forecasts, 2023–2031” published by Reed Intelligence. The report provides comprehensive insights into market size, growth trajectories, segmentation analysis, regional trends, competitive landscape, and the dynamics shaping the cyanuric acid industry globally.

Global Roller Coaster Market to Grow at 3.7% CAGR Through 2031, Driven by Rising Theme-Park Attendance and Technological Innovations

According to a new report by Reed Intelligence, the global roller coaster market is projected to register a compound annual growth rate (CAGR) of approximately 3.7% between 2023 and 2031.

Market Size: Base Year & Forecast Year
Base Year (2023): Market baseline established in 2023.

Forecast Period (2023–2031): Growth at an estimated CAGR of 3.7% through 2031.

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https://reedintelligence.com/m....arket-analysis/globa

Key Highlights
Largest region: AsiaPacific (APAC) — buoyed by fast expansion of theme parks, growing middle-class population, and rising demand for leisure and entertainment.

Fastest-growing region: Asia-Pacific (APAC) — the region’s strong growth potential, emerging economies, and rising disposable incomes support accelerated market growth.

Largest segmentation by type: Steel Roller Coaster — among the report’s primary type-based segments.

Segmentation by application — key segments: The market is segmented by application into Kiddie, Thrill, Family, and Extreme roller coasters.

Largest / prominent application segment: While the report does not explicitly single out the “largest” application category by value, the breadth of “Thrill”, “Family”, “Extreme” and “Kiddie” segments indicates a full-spectrum market catering to diverse customer needs.

Market Dynamics
The global roller coaster market is being driven by rising theme-park attendance, increasing tourism, and continuous technological advancement in coaster design and ride experience.

However, the industry also faces challenges such as economic uncertainties, regulatory hurdles, supply-chain disruptions, and competitive pressures that may restrain growth in certain regions. Still, these very challenges present opportunities: with the adoption of immersive technologies (e.g., VR/AR), personalized ride experiences, and themed attractions, market players have opportunities to innovate, target underserved segments, and expand into new geographies.

Top Market Players
Key players featured in the report’s competitive landscape include:

Bolliger & Mabillard

Fabbri Group

Gerstlauer

The Gravity Group

Great Coasters International

Intamin

Mack Rides

Rocky Mountain Construction

Vekoma Rides Manufacturing

Maurer

S&S Sansei

Zierer

Premier Rides

Zamperla

Segmentation (By Type, Application and Region)
By Type:

Wood Roller Coaster

Steel Roller Coaster

By Application:

Kiddie Roller Coaster

Thrill Roller Coaster

Family Roller Coaster

Extreme Roller Coaster

By Region:

North America

Europe

Asia-Pacific (APAC)

LAMEA / Latin America, Middle East & Africa (as grouped by the report)

About This Report
This report, titled “Global Roller Coaster Market Size, Share and Trends Analysis By Type, By Application, By Region (North America, Europe, Asia Pacific, LAMEA) and Forecasts, 2023–2031”, offers a comprehensive overview of the global roller coaster industry. It covers market size and growth, segmentation by type/application/region, regional insights, market dynamics (drivers, restraints, opportunities), and competitive landscape with detailed profiles of leading players.

Global Stainless Steel Plate Market Set for Steady Growth Through 2031, Driven by Infrastructure and Construction Boom

According to the latest market analysis by Reed Intelligence, the global stainless steel plate market is projected to expand at a compound annual growth rate (CAGR) of approximately 4.2% between 2023 and 2031.

Market Size — Base Year Forecast
Base Year (2023): Global stainless steel plate market size recorded at the start of the forecast period.

Forecast Year (2031): Expected market growth through 2031 at an overall CAGR of 4.2%.

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https://reedintelligence.com/m....arket-analysis/globa

Key Highlights
Largest Region: The report identifies the Asia-Pacific (APAC) region as the dominant market, capturing the largest share globally.

Fastest-Growing Region: APAC is also projected to remain the fastest-growing region over the forecast period.

Largest Segmentation by Type: Among product types, the market covers Martensitic, Ferritic, Austenitic, Duplex (Ferritic-Austenitic), and Precipitation-Hardening Stainless-Steel Plates.

Largest Segmentation by Application: Key application segments include Consumer Products Medicals, Chemical/Petrochemical Energy, Automotive Heavy Transport, ABC Infrastructure, and Industrial Heavy Industry.

Market Dynamics
Drivers Growth Catalysts:
The stainless steel plate market is being propelled by robust growth in infrastructure development, building construction, and rising demand in consumer goods across regions. Additionally, increasing adoption of green building initiatives, expanding automotive industry demand, and advances in manufacturing techniques are creating new growth opportunities for stainless steel plate producers.

Restraints Challenges — Balanced by Opportunity:
On the flip side, the market faces challenges from economic uncertainties, regulatory pressures, supply-chain disruptions, and competitive intensity in a dynamic global environment. However, these challenges can also open doors — by forcing innovation, enabling companies to target underserved segments, and by encouraging expansion into new geographies. Strategic maneuvering around these restraints can help firms strengthen their market position.

Top Market Players
The report identifies the following leading companies active in the global stainless steel plate market:

Tisco

Outokumpu

Posco

BAOSTEEL

Yusco

Acerinox

Jindal

Aperam

LISCO

AK Steel

NSSC

JFE

JISCO

Thyssen Krupp

Ta Chen International

Allegheny Flat Rolled Products

North American Stainless

Mexinox

Shree Khodal Industrial Engineering Company

Segmentation Overview
By Type:

Martensitic Stainless-Steel Plate

Ferritic Stainless-Steel Plate

Austenitic Stainless-Steel Plate

Duplex (Ferritic–Austenitic) Stainless-Steel Plate

Precipitation-Hardening Stainless-Steel Plate

By Application:

Consumer Products Medicals

Chemical, Petrochemical Energy

Automotive Heavy Transport

ABC Infrastructure

Industrial Heavy Industry

By Region:

North America

Europe

Asia-Pacific (APAC)

Middle East Africa (LAMEA)

Latin America (LATAM)

About the Report
The report titled “Global Stainless Steel Plate Market Size, Share and Trends Analysis By Type, By Application, By Region (North America, Europe, Asia Pacific, LAMEA) and Forecasts, 2023-2031” by Reed Intelligence offers an in-depth examination of the market across product types, applications, and global regions. It covers market overview, dynamics (drivers, restraints, and opportunities), regional analyses, segmental breakdown, and competitive landscape — providing stakeholders with comprehensive insights into current trends and future growth potential.

Global Extra High Voltage (EHV) Cables Market Set for Strong Growth Through 2031 with 6.5% CAGR

Base Year and Forecast Year Market Size:
According to the report, the baseline for the analysis is 2023, and the forecast runs through 2031. Over this period, the global EHV cables market is projected to grow at a compound annual growth rate (CAGR) of approximately 6.5%.
Key Highlights

Largest Region (2023 onwards): The Asia-Pacific (APAC) region leads the global EHV cables market, driven by widespread power-grid expansion, rapid industrialization, and growing investment in infrastructure.

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Fastest-Growing Region: APAC remains the fastest-growing region over the forecast period.

Largest Segmentation (by Type): Within the “Type” segmentation, the 230–320 kV band (lowest voltage in EHV classification in the report) is among the primary segments covered, reflecting a substantial share in the overall market.
Segmentation by Application – Prominent Segment: Among applications, Overhead Line is a key segment. The report covers Overhead Line, Submarine Line, and Land Line applications — highlighting demand across different infrastructure needs.

Market Dynamics
The global EHV cables market is being shaped by a set of powerful drivers, constraints, and emerging opportunities:
The primary drivers pushing market growth include the ongoing global shift toward renewable energy integration, widespread modernization of aging power grids, and adoption of “smart grid” initiatives. As nations invest in renewable energy projects, bulk-power transmission over long distances and reliable grid interconnections become critically important — boosting demand for extra-high-voltage cable systems.
On the other hand, the market faces restraints such as economic uncertainties, regulatory and supply-chain challenges, and technical complexities associated with manufacturing and deploying EHV cables. These challenges can slow project execution or increase costs.
Yet, significant opportunities lie ahead: increasing adoption of underground transmission systems, development of high-temperature superconducting cables, and rising number of cross-border power interconnection projects present avenues for market expansion. Companies able to leverage innovative materials, advanced cable technologies, and custom solutions tailored for challenging terrains or submarine routes stand to gain.

Top Market Players
The competitive landscape of the global EHV cables market features several major players, including:
Nexans
General Cable
SEI
Southwire
JPS
Jiangnan Cable
Furukawa
Riyadh Cable
NKT Cables
LS Cable&System
FarEast Cable
Qingdao Hanhe
TF Kable Group
Prysmian
Baosheng Cable

Market Segmentation (with Regions)
The report segments the global EHV cables market as follows:
By Type (Voltage Level):
230–320 kV
320–550 kV
550–1000 kV

By Application:
Overhead Line
Submarine Line
Land Line

By Region:
North America
Europe
Asia-Pacific (APAC)
Middle East & Africa (MEA)
Latin America (LATAM)
About the Report

The report — titled “Global Extra High Voltage Cables Market Size, Share and Trends Analysis by Type, by Application, by Region (North America, Europe, Asia Pacific, LAMEA) and Forecasts, 2023–2031” — offers a comprehensive view of the global EHV cables market. It provides detailed segmentation, regional analysis, competitive landscape, market drivers and restraints, growth trends, and opportunities. The report is designed to help stakeholders understand global dynamics and make informed strategic decisions.