Press release
Cobots Market to grow at 52.4% CAGR and Expected to reach 17100 Million US$ globally by 2022 | Analysis by Top Leading Company’s - Universal Robots, Rethink Robotics, ABB, Fanuc, KUKA, Kawasaki
Cobots Market
Global Cobots Market Overview:
The continuous development in the automation industry is expected to boost the growth of the Global Cobots Market in the coming years. The safety of these robots has increased their demand in various end-user industries are they can perfectly work in tandem with the human workforce.
The Global Cobots Market is valued at 590 Million US$ in 2017 and will reach 17100 Million US$ by the end of 2022, growing at a CAGR of 52.4% during 2019-2022.
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Cobots (Collaborative robots) are popular due to their high return on investment and low overall cost, attracting many small and medium sized enterprises (SMEs). Global manufactures mainly distributed in Europe, North America, Japan. Demand for Cobots is profoundly dependent on increase in automation industry. Universal Robots accounted for 47.60%of the global Cobots sales market share in 2016. Other players accounted for 18.41%, 12.30% including ABB and Rethink Robotics.
The Global Cobots Market is segmented on the basis of Payload Capacity, Application, End-Use Industry and Region. On the basis of Payload Capacity, the market is sub-segmented into Up to 5 kg, Between 5 and 10 kg and Above 10 kg. Based on Application, the market is sub-segmented into Assembly, Pick & Place, Machine Tending, Quality Testing, Material Handling, Packaging & Palletizing, Gluing & Welding and others. In terms of the End-Use Industry, the market is sub-segmented into Automotive, Electronics, Metals & Machining, Plastics & Polymers, Food & Beverages, Healthcare, Furniture & Equipment and others.
According to the geographic analysis, Europe accounted for the largest market share in 2017, closely followed by Asia-Pacific and North America. The growth of the market in Europe was driven by strong government support to promote factory automation solutions, thereby supporting the evolution of Industry 4.0. However, the market in Asia-Pacific is expected to surpass Europe by 2022. This growth can be attributed to the increasing demand for Cobots in China, Japan, and South Korea, especially by industries such as electronics, automotive and metals and machining
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Purchase this report online with 125 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Cobots Market Report 2019” @ https://www.businessindustryreports.com/buy-now/90569/single .
Major Key Players:
1 Universal Robots
2 Rethink Robotics
3 ABB
4 Fanuc
5 KUKA
6 Kawasaki and More..............
Market segment by Regions/Countries, this report covers
1 North America
2 Europe
3 China
4 Japan
5 India
6 Southeast Asia and Others
Grab Your Report at an Impressive Discount @ https://www.businessindustryreports.com/check-discount/90569 .
This study answers to the below key questions:
1 What will the market size be in 2024 and what will the growth rate be?
2 What are the key market trends?
3 What are the challenges to market growth?
4 Who are the key players in this market?
5 What are the market opportunities and threats faced by the key players?
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Cobots Market.
Major Points in Table of Contents:
Global Cobots Market Report 2019
1 Cobots Market Overview
2 Global Cobots Market Competition by Manufacturers
3 Global Cobots Capacity, Production, Revenue (Value) by Region (2013-2019)
4 Global Cobots Supply (Production), Consumption, Export, Import by Region (2013-2019)
5 Global Cobots Production, Revenue (Value), Price Trend by Type
6 Global Cobots Market Analysis by Application
7 Global Cobots Manufacturers Profiles/Analysis
8 Cobots Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
11 Market Effect Factors Analysis
12 Global Cobots Market Forecast (2019-2022)
13 Research Findings and Conclusion
14 Appendix
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