Collaborative Robot (Cobot) Market 2021 By Recent Developments and Demand 2021 – BASF, Milliken Chemical, Ticona Engineering Polymers, Teknor Apex Company

The Collaborative Robot (Cobot) Market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and regional growth of the leading competitors operating in the market on a global and local scale. This study provides information about the growth and revenue during the historic and forecasted period of 2015 to 2026. The structured analysis contains graphical as well as a diagrammatic representation of the global Collaborative Robot (Cobot) Market with its specific geographical regions.

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“In 2020, the global Collaborative Robot (Cobot) market size was US$ 1323.5 million and it is expected to reach US$ 22910 million by the end of 2027, with a CAGR of 50.0% during 2021-2027.”

Top leading Manufacturers Profiled in Collaborative Robot (Cobot) Market Report are Universal Robots, ABB, Rethink Robotics, Kawasaki, KUKA, FANUC

Market Overview

As a kind of robot designed to interact with humans at close range in a common working space, collaborative robots can make robots and humans work together on the production line, so that robots can completely get rid of the shackles of guardrails or cages, and give full play to the robots Efficiency and human intelligence. This kind of machine can balance the necessity of safety with the demand for flexible productivity.

Asia-Pacific is the largest market with about 54% market share. Europe is follower, accounting for about 29% market share.

The key players are Universal Robots, ABB, Rethink Robotics, Kawasaki, KUKA, FANUC etc. Top 3 companies occupied about 74% market share.

Latest Update and Developments

2021-02-24 ABB launches next-generation cobots to unlock automation for new sectors and first-time users- ABB is expanding its collaborative robot (cobot) portfolio with the new GoFa™ and SWIFTI™ cobot families, offering higher payloads and speeds, to complement YuMi® and Single Arm YuMi® in ABB’s cobot line-up. These stronger, faster and more capable cobots will accelerate the company’s expansion in high-growth segments including electronics, healthcare, consumer goods, logistics and food and beverage, amongst others, meeting the growing demand for automation across multiple industries.

Global Collaborative Robot (Cobot) Market Split by Product Type and Applications:

Market Research Study Focus on these Types:

Below 5 kg
5-10 kg
More Than 10 kg

Market Research Study Focus on these Applications:

Automobile
IT
Metal and Processing
Plastics and Polymers
Food and Beverage
Others

Regional Analysis for Collaborative Robot (Cobot) Market:

For a comprehensive understanding of market dynamics, the global Collaborative Robot (Cobot) market is analyzed across key geographies namely the United States, Europe, China, Japan, Southeast Asia, India, Central & South America. Each of these regions is analyzed based on market findings across major countries in these regions for a macro-level understanding of the market.

Collaborative Robot (Cobot) Market Scenario:

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Table of Contents:

-Collaborative Robot (Cobot) Market Overview
-Economic Impact on Industry
-Market Competition by Manufacturers
-Production, Revenue (Value) by Region
-Supply (Production), Consumption, Export, Import by Regions
-Production, Revenue (Value), Price Trend by Type
-Market Analysis by Application
-Manufacturing Cost Analysis
-Business Chain, Sourcing Strategy, and Downstream Buyers
-Marketing Strategy Analysis, Distributors/Traders
-Market Effect Factors Analysis
-Collaborative Robot (Cobot) Market Forecast

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In conclusion, the Collaborative Robot (Cobot) market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Collaborative Robot (Cobot) Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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