Collaborative Robots Market 2018 - Latest Innovations Drivers Dynamics And Strategic Analysis Challenges By 2025

Collaborative Robots Market

The research report titled, Collaborative Robots Market has adopted a systematic way to evaluate the dynamics of the overall market. It gives a definite study comprising a top to bottom research on the market’s growth drivers, challenges, threats, and potential lucrative opportunities, with a key focus on Global.

Request for a free sample report @ http://bit.ly/2M0IMmX 

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.

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– 2024(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.

Key Players Collaborative Robots :

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.

Key Regions of Collaborative Robots is:

North America, Europe, Asia-Pacific, South America, Middle East, Africa).

Key Types Of Collaborative Robots are :

Upto 5kg, 5-10 kg, Above 10kg.

Key Applications Of Collaborative Robots are :

Automotive, Electronics, Metal and Machining, Plastic and Polymers, Food and Beverages and Others.

Get Discount On this Report @ http://bit.ly/2APrV1m

Research objectives

To study and analyze the Global Collaborative Robots market size by key regions/countries, product type and application, history data from 2017 to 2018, and forecast to 2025.

To understand the structure of Collaborative Robots market by identifying its various sub-segment

Focuses on the key Global Collaborative Robots players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Collaborative Robots with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the size of Collaborative Robots sub-markets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

Continued…

Browse Complete Report with TOC of Collaborative Robots Report, Visit: http://bit.ly/2AUZ5Ng

Key Question for this Market Report:

What is Manufacturing Cost Structure Analysis of Collaborative Robots ?

Who will be the key manufacturers in this particular Market space?

What is the trending factors influencing the Market shares in next few years?

All aspects of the report are quantitatively as well as qualitatively assessed to study the Global as well as regional market comparatively. The basic information such as the definition, prevalent chain and the government regulations pertaining are also discussed in the report.

Browse similar reports @ http://garnerinsights.com/categories/ICT-Media 

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like Asia, Global, Europe.

Garner Insights is a Market Intelligence and consulting firm with an all-inclusive experience and vast knowledge of the market research industry.

Our vast storage of research reports across various categories, gives you a complete view of the ever changing and developing trends and current topics worldwide. Our constant endeavor is to keep on improving our storage information by providing rich market reports and constantly improving them.

Kevin Thomas

Contact No: +1 513 549 5911 (US)

+44 203 318 2846 (UK)

Email: sales@garnerinsights.com

This release was published on openPR.