Collaboration robots are the robots which are capable of learning multiple tasks so they can assist human beings. It is also known as a cobot. It has many roles from autonomous robots of working together with humans to industrial robots which having their protective guards removed. It has highly complex machines that are able to work hand in hand with human beings. The rising number of industries moving to automation worldwide, the rise in need for user-friendly automation, low capital investment in Cobotâ€™s leading to a high return on investment (ROI) robotic application gaining traction, increasing demand for light, as well as the moderate payload capacity of co-bots due to their ease of deployment, high adaptability, affordability, are some of the major drivers which are propelling the growth of the market. The global collaborative robots market to grow at a CAGR of 60.59% during the period 2018-2022.
The Collaborative Robots Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2021-2026). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions.
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Major Players are:
Universal Robots A/S (Denmark), Rethink Robotics (United States), ABB (Switzerland),KUKA AG (Germany),FANUC Corporation (Japan), Robert Bosch GmbH (Germany),MRK-Systeme GmbH (Germany),Precise Automation, Inc. (United States), Energid Technologies Corporation (United States),F&P Robotics AG (Switzerland)
Technology Advancement of the Collaborative Robot
High ROI and Low Price of Collaborative Robots Attracting SMEs
Increasing Investments in Automation by Industries
Improving Humanâ€“Machine Interface (HMI) and Rising Integration of AI to Imitate Human Behavior
Strong government support to promote the use of factory automation solutions
Addressing the Need to Safely Handle Industrial-Grade Operations
Developing AI to Help Robots Make Better Decisions and Make them Safe for Humans
Cybersecurity Threats and Rapid Technological Changes in Robotics
Safety Standards Issues, and a Lack of a
Rising Demand from Emerging Economics Such as India, China and Others
High Potential for Robot Installations in Many Countries
Demand for High-Payload-Capacity Co-Bots
The titled segments and sub-section of the market are illuminated below:
Application (Material handling, Small parts assembly, CNC machine tending, Molding operations, Test & inspection, gluing, Dispensing, Welding, Packaging & palletizing, Screw driving, Polishing, Others), Industry (Automotive, Electronics, Metals & Machining, Plastics & Polymers, Food & Beverages,, Healthcare), Payload Capacity (Up to 5 Kg, Between 5 and 10 Kg, Above 10 Kg), Component (Hardware, Sensors, Control System, Actuator, Software Services)
Advance Market Analytics released a new market study covering the current COVID-19 impact on the Collaborative Robots Market with detailed insights on latest scenario, economic slowdown on overall industry. This report will help you to identify which types of companies could potentially benefit from the impact of COVID-19, as well as those business segments that are set to lose out.
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Significant Facets concerning the Report:
- Collaborative Robots Market Summary
- Fiscal Effect on Economy
- Collaborative Robots Market Competition
- Collaborative Robots Market Analysis by Application
- Industrial Chain, Down-stream Buyers and Sourcing Strategy
- Distributors/Traders, Marketing Strategy Analysis
- Facets, Market Effect, Diagnosis
- Market Forecast
- The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Collaborative Robots Market have also been included in the study.
If you are involved in the Collaborative Robots industry or intend to be, then this study will provide you comprehensive outlook. It’s vital you keep your market knowledge up to date with some major players in the industry. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization according to your requirement.
Strategic Points Covered in Table of Content of Collaborative Robots Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Collaborative Robots market
Chapter 2: Exclusive Summary – the basic information of the Collaborative Robots Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Collaborative Robots
Chapter 4: Presenting the Collaborative Robots Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region
Chapter 6: Evaluating the leading manufacturers of the Collaborative Robots market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
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Key questions answered
- Who are the Leading key players and what are their Key Business plans in the Collaborative Robots market?
- What are the key concerns of the five forces analysis of the Collaborative Robots market?
- What are different prospects and threats faced by the dealers in the Collaborative Robots market?
- What are the strengths and weaknesses of the key vendors?
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