Press release
Collaborative Robots Market is Anticipated to Grow at a CAGR of 36.41 % During Forecast Period 2018-2025 | KUKA, MABI, Fanuc, ABB, Universal Robots, Precise Automation, AUBO Robotics, Robert Bosch
Collaborative robots are used as an assistor or as a guide to support human beings in certain job. Cobots are yielding several productivity gains in factory operations. These collaborative robots are widely used among different industries for variety of operation such as in packaging, pick and place, painting, food handling and others. The evolution of Industry 4.0 and Industrial Internet of Things has brought has prompted the adoption of advanced automation solutions across the industries. Advanced automation technologies such as collaborative robots hold the potential to significantly hasten production and lower the manufacturing costs. Low cost of cobots coupled with high ROI from the different end use industries are key factors fueling the market growth. Furthermore, increasing trend of industrial automation to improve process quality, consistency and throughput are anticipated to create several lucrative opportunities for collaborative robot market. The global supply of industrial robots in 2009 was valued at 60,000 units which has now increased up to USD 345000 units in 2017. Additionally, the accelerating automotive industry and increasing demand pharmaceutical sector are expected to drive market growth. However, high overall installation cost associated with collaborative robots is anticipated to hinder the market growth during the forecast period. Global collaborative robots market is valued at approximately USD 770 million in 2017 and is anticipated to grow with a healthy growth rate of more than 36.41 % over the forecast period 2018-2025.Some of the key players of Collaborative Robots Market:
KUKA AG, MABI AG, Fanuc Corp., ABB Ltd., Universal Robots, Precise Automation, Inc., AUBO Robotics Inc., Robert Bosch GmbH, Energid Technologies Corp., Rethink Robotics
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The objective of the study is to define Collaborative Robots Market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Payload Capacity:
Upto 5Kg, 5Kg to 10Kg, Above 10Kg,
By Application:
Machine Tending, Assembly, Handling, Gluing & Welding, Quality Testing, Pick & Place, Packaging,
By Industry:
Pharmaceuticals, Food & Beverage, Plastic & Polymers, Electronics, Metal & Machinery, Furniture & Equipment, Automotive, Others
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Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Collaborative Robots Market Size
2.2 Collaborative Robots Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Collaborative Robots Market Size by Manufacturers
3.2 Collaborative Robots Key Players Head office and Area Served
3.3 Key Players Collaborative Robots Product/Solution/Service
3.4 Date of Enter into Collaborative Robots Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Collaborative Robots Sales by Product
4.2 Global Collaborative Robots Revenue by Product
4.3 Collaborative Robots Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Collaborative Robots Breakdown Data by End User
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