Press release
Collaborative Robot System Market Size, share, growth report explores industry trends & analysis 2027 | FANUC Corporation, Robert Bosch GmbH
The "Collaborative Robot System" market is driven by the high Return on Investment (ROI) derived from the deployment of collaborative robots and its benefits for businesses of all sizes in terms of general competitiveness, increased production, and enhanced product quality. In addition, the robots are easier to program. These factors are paving way for their rapid adoption in SMEs and large-scale businesses alike.the collaborative robot is projected to grow from USD 1.2 billion in 2021 to reach USD 10.5 billion by 2027; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 43.4% from 2021 to 2027.
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Restraint : Higher preference to low payload capacity traditional industrial robots over cobots in heavy-duty industries
Traditional industrial robots are better equipped to handle heavier and larger materials and objects like those used in heavy-duty industries such as automotive, metals and machinery manufacturing, owing to their greater payload capacities compared to cobots. The heavy-duty industries prefer to employ the traditional industrial robots for automating their manufacturing operations. In order to operate safely in the work environment, cobots are designed to be less powerful compared to traditional industrial robots, making them less appropriate for heavy-duty applications. On the other hand, the traditional industrial robots are heavy-duty robots with high payloads that can tackle dangerous, repetitive, and heavy applications.
These robots are commonly used for parts assembly, pick-and-place, and palletizing in many different industries conventionally. The lower power limits the applications of the collaborative robots in heavy-duty manufacturing industries. The average speed of collaborative robots is around 1m/s whereas for similar payload capacities, the speed offered by traditional industrial robots is higher compared to their collaborative counterparts. As a result, the low payload capacity traditional industrial robots are preferred over cobots in case of heavy-duty industries.
The leading market players listed are:
ABB, KUKA AG, FANUC Corporation, Robert Bosch GmbH, Universal Robots A/S, Rethink Robotics, MRK-Systeme GmbH, Precise Automation, Energid Technologies Corporation, F&P Robotics AG, MABI AG, Techman Robot for Quanta Storage Inc., Franka Emika GmbH, Aubo Robotics Inc., YASKAWA Electric Corporation, Comau S.P.A, KAWADA Robotics Corp.
A holistic study of the market is made by considering a variety of factors, from demographics conditions and business cycles in a particular country to market-specific microeconomic impacts. The study found the shift in market paradigms in terms of regional competitive advantage and the competitive landscape of major players.
Types of Products:
Up to 5 kg
Up to 10 kg
Above 10 kg
Application spectrum:
Automotive
Electronics
Metals & Machining
Plastics & Polymer
Food & Agriculture
Healthcare
Furniture & Equipment
Others
Regions and Countries Level Analysis:
Regional analysis is another highly comprehensive part of the research and analysis study of the global Collaborative Robot System market presented in the report. This section sheds light on the sales growth of different regional and country-level Collaborative Robot System markets. For the historical and forecast period 2021 to 2027, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global Collaborative Robot System market.
The report offers an in-depth assessment of the growth and other aspects of the Collaborative Robot System market in important countries (regions), including:
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, etc.)
Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa)
Browse the Full report description and TOC at:
https://www.marketintelligencedata.com/reports/578318/global-collaborative-robot-system-sales-market-report-2021?mode=anirudh
Research Objectives:
To study and analyze the global Collaborative Robot System consumption (value & volume) by key regions/countries, type and application, history data from 2021 to 2027, and forecast to 2027.
To understand the structure of Collaborative Robot System market by identifying its various subsegments.
Focuses on the key global Collaborative Robot System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Collaborative Robot System with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Collaborative Robot System submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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What is the Impact of Covid-19 Outbreak on the Collaborative Robot System?
- Optimistic Scenario: COVID-19 is contained by May or June, With Normalcy returning to global operations through the End of Q2.
- Conservative Scenario: COVID-19 Remains Prevalent, with Continued Impacts Lasting into Q4.
- Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Global Collaborative Robot System.
- Collaborative Robot System Market Size in 2021
- Corporate Strategy the Manufacturers Should Be Thinking About Right Now.
Available Customization:
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
Here's how Market intelligence data helps the stakeholders and CXOs through the reports:
Inculcation and Evaluation of Strategic Collaborations: The MID researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.
Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.
Contact Us:
Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
+1 (704) 266-3234
Mail to: sales@marketintelligencedata.com
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