Press release
Collaborative Robots Market is Expected to Grow at High CAGR 46.8% by 2025 – Lead by ABB, Robert Bosch, KuKa, Aubo Robotics, Fanuc, Universal Robots and Yasakawa Electric
Collaborative Robots Market
Collaborative robots are a fragment of service robots that are majorly used in material handling, manufacturing and labs. Burgeoning demand for further flexibility in factories and particularly in manufacturing sector, where the humans and robots have already begun to work in harmony resulting in growth of collaborative robot’s market growth.
Collaborative Robots Market is expected to grow from US$ 420.4 Mn in 2017 to US$ 8,979.3 million by 2025 at a CAGR of 46.8% between 2018 and 2025.
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Top Dominating Key Players:
1. ABB
2. Robert Bosch
3. KuKa Ag
4. Aubo Robotics
5. Fanuc
6. Rethink Robotics
7. Precise Automation, Inc.
8. Universal Robots
9. Yasakawa Electric Corporation
10. TECHMAN Robots
11. Kawasaki Heavy Industries, Ltd.
The report focuses on an in-depth segmentation of this market based by payload, application and end-user industry. The geographic segmentation of the report covers six major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By end-user segment electronics industry is expected to grow at a prime CAGR during the forecast period of 2018-2025; whereas, Asia Pacific region is expected to grow at the highest CAGR during the forecast period.
Key Benefits-
• To provide detailed information regard ing the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Collaborative Robots Market.
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
The report aims to provide an overview of global collaborative robots market with detailed market segmentation. Also, it analyzes the current collaborative robots market scenario and forecasts the market till 2025. The report covers market dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provide PEST analysis of all five regions along with the SWOT analysis for all company profiled in the report.
The overall Collaborative Robot market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the Collaborative Robot market.
The report segments the global collaborative robots market as follows:
Global Collaborative Robots Market - By Payload
Up to 5 Kg
5-10 Kg
Above 10 Kg
Global Collaborative Robots Market - By Application
Assembly
Material Handling
Pick & Place
Quality Testing
Packaging
Machine Tending
Welding
Others
Global Collaborative Robots Market - By End-user Industry
Automotive
Metal & Machinery
Electronics
Pharmaceuticals
Plastic & Polymers
Food & Beverage
Others
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Reasons to Buy the Report:
• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.
Contact Us:
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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