Soft Robotics Market by Growing Technology Trends 2027 - Leading Players ABB, Bionik Laboratories, Cyberdyne, Ekso Bionics Holdings, Fanuc, KUKA AG, ReWalk Robotics, RightHand Robotics and Soft Robotics

The Insight Partners syndicated research service provides complete solution to the client requirements through their experienced analyst team. Soft Robotics Market Research report provides in-depth analysis on the topic and discuss drivers, restraints and opportunities available in the market. The service is designed to help our clients in their decision support system. The analysis also cover the complete spectrum of the research topic to help our clients meeting their business objective.

Soft robotics is a field that depends on imitating movement mechanisms of soft bodies that exist in nature to attain smooth and complex motion. Soft robots are designed to solve issues related to traditional robots, which are made of rigid materials. These robots enable high flexibility and adaptability for accomplishing tasks and enhanced safety while working along with humans.

Thus, they are gaining traction in advanced manufacturing. Also, since soft robots are made of materials that correspond to the compliance of biological matter, these are mechanically biocompatible and proficient of lifelike functionalities. Thus, they are highly adopted by the medical industry.

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Top Leading Market Players:

1. ABB Ltd.
2. Bionik Laboratories Corp.
3. Cyberdyne Inc.
4. Ekso Bionics Holdings, Inc.
5. Fanuc Corporation
6. KUKA AG
7. ReWalk Robotics Ltd.
8. RightHand Robotics Inc.
9. Soft Robotics Inc.
10. Yaskawa Electric Corporation

The rising need for automation coupled with human safety in manufacturing facilities is expected to boost the soft robotics market. Moreover, the increasing demand in the medical & healthcare sector is also offering a prospective opportunity to the soft robotics market growth.

Also, with increased demand in industries such as e-commerce, food industry, etc., companies are seeking to automate certain repetitive tasks by deploying soft robots. However, the high installation cost of these robots is acting as a restraining factor to the growth of soft robotics market to a certain extent.

Market Segmentation:

The global soft robotics market is segmented on the basis of type and end-user. Based on the type, the market is segmented into soft grippers, co-robots, inflated robots, exoskeletons, and others. The end-user segment of soft robotics market is classified into food processing, medical & health care, logistics, and others.

Regional Framework :

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global soft robotics market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South America (SAM). The soft robotics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the soft robotics market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and SAM after evaluating political, economic, social and technological factors affecting the soft robotics market in these regions.

Key questions answered in the report include -

• What will the market size and the growth rate be in 2027?
• What are the key factors driving the global Soft Robotics market?
• What are the key market trends impacting the growth of the Soft Robotics market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

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What our report offers:

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Soft Robotics Market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the Soft Robotics, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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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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