Press release
Collaborative Robots Market 2018 : Manufacturers Analysis,Applications,Demand by Regions & Forecasts to 2024
Collaborative Robots Market
The global collaborative robots (Cobots or Co-robots) market was valued at USD 145.3 Million in 2016 and is expected to grow immensely over the forecast period. The force-limited joint is the unique feature of cobots which has been designed to identify forces due to impact and respond quickly.
The robots offers advanced industrial automation solutions to end-user industries and are considered as the one-stop solution for safe working environment. The Cobots are designed with advanced software and sensors which has further reduced the injuries of the employees. The cobots with low price and high return on investment are further expected to fuel the market growth over the forecast period.
The market is projected grow significantly owing to the substantial traction due to reduced total cost of ownership and benefits associated with co-bots from small and medium size enterprises. The significant growth of cobots is encouraged by three key markets which include electronic manufacturers’ service companies and electronics manufacturers, manufacturers seeking optimized agile production methodologies and SME’s.
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The collaborative robots market is segmented based on payload capacity, industry, application and region. The payload capacity segment include upto 5kg, upto 10kg, and above 10kg, whereas the application segment is segregated into assembly, pick & place, handling, packaging, quality testing, machine tending, gluing & welding and others. The industry using the technology includes automotive, food & beverage, furniture & equipment, plastic & polymers, metal & machinery, electronics, and pharmaceutical.
Cobots with payload capacity of above 10kg is anticipated to grow significantly during forecast period
The cobots above 10kg payload capacity are estimated to witness significant growth owing to their capability of handling immense tasks with high precision and reliability. Furthermore, assemble and pick & place application segment are projected to grow significantly owing to their high flexibility for performing application-specific tasks with easy programming and changing end grippers. The assembly application growth is attributed to the growing demand in major industries which include electronics, automotive, and furniture & equipment.
Global Collaborative Robots Market Revenue, By Payload Capacity, 2014– 2025 (USD Billion)
The automotive industry is estimated to acquire major market share in the application segment in 2016 owing to the huge application in assisting employees in the production line and assembly line for enhancing the operational efficiency and productivity of the process. The growth is attributed by the increased efficiency in deployment of cobots for enhanced productivity.
Although, several industries are deploying the cobots at a significant rate, however rapidly changing robotics industry, lack of skilled force and compliance with stringent regulations are few factors are projected to hinder the growth over the forecast period.
Europe is accounted for major share in 2016
Europe collaborative robots market is projected to acquire the major share of over 40% followed by North America and Asia Pacific. The industry growth is driven by strong government funding for factory automation solutions and collectively or independently developed robot-human collaboration for increasing efficiency and reliability which is further driving the market over the forecast period.
Few key players include Cisco, Akros Silicon, Inc., Flexcomm Technology, Microsemi Corporation and Maxim Integrated. Other players include ON Semiconductor, Shenzhen Quanma Industry Co. Ltd., Silicon Laboratories, STMicroelectronics, VISIX.
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Table Of Contents – Major Key Points
1. RESEARCH METHODOLOGY
1.1. Data Type
1.1.1. Primary Data Types
1.1.2. Secondary Data Types
1.2. Market Scope
1.3. Assumptions
2. EXECUTIVE SUMMARY
3. MARKET DYNAMICS
3.1. Market Definition
3.2. Market Size and Growth Prospects, 2014 - 2024
3.3. Value Chain Analysis
3.4. Market Drivers
3.5. Market Restraints
3.6. Market Opportunities
3.7. Porter’s Five Forces Analysis
3.8. PEST Analysis
3.9. Key Trends
3.10. Penetration &Growth Prospect Mapping
4. GLOBAL AGRICULTURE DRONES MARKET, BY PAYLOAD CAPACITY (2017-2024)
4.1. Global Agriculture Drones Market, by Upto 5kg
4.2. Global Agriculture Drones Market, by Upto 10kg
4.3. Global Agriculture Drones Market, by Above 10kg
5. GLOBAL AGRICULTURE DRONES MARKET, BY APPLICATION (2017-2024)
5.1. Global Agriculture Drones Market, by Assembly
5.2. Global Agriculture Drones Market, by Pick & Place
5.3. Global Agriculture Drones Market, by Handling
5.4. Global Agriculture Drones Market, by Packaging
5.5. Global Agriculture Drones Market, by Quality Testing
5.6. Global Agriculture Drones Market, by Machine Tending
5.7. Global Agriculture Drones Market, by Gluing & Welding
5.8. Global Agriculture Drones Market, by Others
6. GLOBAL AGRICULTURE DRONES MARKET, BY INDUSTRY (2017-2024)
6.1. Global Agriculture Drones Market, by Automotive
6.2. Global Agriculture Drones Market, by Food & Beverage
6.3. Global Agriculture Drones Market, by Furniture & Equipment
6.4. Global Agriculture Drones Market, by Plastic & Polymers
6.5. Global Agriculture Drones Market, by Metal & Machinery
6.6. Global Agriculture Drones Market, by Electronics
6.7. Global Agriculture Drones Market, by Pharmaceuticals
6.8. Global Agriculture Drones Market, by Others
7. GLOBAL AGRICULTURE DRONES MARKET, BY REGION (2017-2024)
7.1. North America Agriculture Drones Market
7.1.1. North America Agriculture Drones Market, by Payload Capacity
7.1.2. North America Agriculture Drones Market, by Application
7.1.3. North America Agriculture Drones Market, by Industry
7.1.4. North America Agriculture Drones Market, by Country
7.1.4.1. U.S. Agriculture Drones Market
7.1.4.2. Canada Agriculture Drones Market
7.1.4.3. Mexico Agriculture Drones Market
7.2. Europe Agriculture Drones Market
7.2.1. Europe Agriculture Drones Market, by Payload Capacity
7.2.2. Europe Agriculture Drones Market, by Application
7.2.3. Europe Agriculture Drones Market, by Industry
7.2.4. Europe Agriculture Drones Market, by Country
7.2.4.1. Germany Agriculture Drones Market
7.2.4.2. U.K Agriculture Drones Market
7.2.4.3. Rest of Europe Agriculture Drones Market
7.3. Asia Pacific Agriculture Drones Market
7.3.1. Asia Pacific Agriculture Drones Market, by Payload Capacity
7.3.2. Asia Pacific Agriculture Drones Market, by Application
7.3.3. Asia Pacific Agriculture Drones Market, by Industry
7.3.4. Asia-Pacific Agriculture Drones Market, by Country
7.3.4.1. China Agriculture Drones Market
7.3.4.2. Japan Agriculture Drones Market
7.3.4.3. India Agriculture Drones Market
7.3.4.4. Rest of Asia Pacific Agriculture Drones Market
7.4. Middle East & Africa Agriculture Drones Market
7.4.1. Middle East & Africa Agriculture Drones Market, by Payload Capacity
7.4.2. Middle East & Africa Agriculture Drones Market, by Application
7.4.3. Middle East & Africa Agriculture Drones Market, by Industry
7.4.4. Middle East & Africa Agriculture Drones Market, by Country
7.4.4.1. North Africa Agriculture Drones Market
7.4.4.2. South Africa Agriculture Drones Market
7.4.4.3. Rest of Middle East & Africa Agriculture Drones Market
7.5. Latin America Agriculture Drones Market
7.5.1. Latin America Agriculture Drones Market, by Payload Capacity
7.5.2. Latin America Agriculture Drones Market, by Application
7.5.3. Latin America Agriculture Drones Market, by Industry
7.5.4. Latin America Agriculture Drones Market, by Country
7.5.4.1. Brazil Agriculture Drones Market
7.5.4.2. Rest of Latin America Agriculture Drones Market
8. MARKET COMPETITION ANALYSIS
8.1. Market Share/Positioning Analysis
8.2. Key Innovators
8.3. Company Profiles
8.3.1. ABB Group
8.3.1.1. Company overview
8.3.1.2. Financial performance
8.3.1.3. Product benchmarking
8.3.1.4. Recent developments
8.3.2. Epson Robots
8.3.2.1. Company overview
8.3.2.2. Financial performance
8.3.2.3. Product benchmarking
8.3.2.4. Recent developments
8.3.3. Denso
8.3.3.1. Company overview
8.3.3.2. Financial performance
8.3.3.3. Product benchmarking
8.3.3.4. Recent developments
8.3.4. KUKA AG
8.3.4.1. Company overview
8.3.4.2. Financial performance
8.3.4.3. Product benchmarking
8.3.4.4. Recent developments
Continued……
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