openPR Logo
Press release

Collaborative Robots Market to Grow at a CAGR of ~26% During Forecast period of 2019-2029

12-24-2021 07:10 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

/ PR Agency: Future Market Insights
A new market research study by Future Market Insights on the collaborative robots market contains global industry analysis 2014–2018 and opportunity assessment 2019–2029. The report investigates the collaborative robots market and provides critical insights for the forecast period of 2019-2029. As per the findings of the report, the global collaborative robots market is anticipated to experience substantial growth over the forecast period due to multiple driving factors such as, growing adoption of automation in end-use industry and reduction in labor cost coupled with high precision work and high regional demand for collaborative robots.

Get | Download Sample Copy with Graphs & List of Figures:
https://www.futuremarketinsights.com/reports/sample/rep-gb-8641

1. The global collaborative robots market size in 2018 was valued at ~US 650
2. The collaborative robots market is anticipated to grow at a CAGR of ~26% during the forecast period of 2019-2029.
3. The payload capacity up to 5kg segment of collaborative robots is expected to remain as the most preferred product type segment in the collaborative robots market.
o The growth of this particular segment can be primarily attributed to the global growth of the collaborative robots market.
4. East Asia is likely to account for more than half of the revenue shares in the collaborative robots industry by the end of 2029.
o East Asia will continue to be a significant market for collaborative robots manufacturers and distributors, owing to the increasing production and demand for collaborative robots in the automated industry.

For More Information or Query or Customization Before Buying, Visit:
https://www.futuremarketinsights.com/customization-available/rep-gb-8641

5. The electronic and semiconductor segment is likely to continue as the prominent end-use industry, which creates significant growth opportunities for collaborative robots market players.
o The electronic industry has witnessed significant growth over the recent past. The increased demand for high precision work, accuracy, and easy programing offered by built-in sensitivity of collaborative robots, is expected to propel the demand for collaborative robots.
o Noteworthy application potential of collaborative robots such as assembly/disassembly, material handling, inspection and testing, stamping, etching and dispensing, are creating an upswing in the collaborative robots market.

Collaborative Robots Market: Vendor Insights
The report highlights some of the prominent market players, who have established themselves as leaders in the global collaborative robots market. Few examples of key players in the market are Universal Robots A/S, AUBO Robotics, Denso Wave Incorporated, Fanuc Corporation, Stäubli International AG, Robert Bosch GmbH, KUKA AG, Precise Automation, Inc., ABB Group, Yaskawa Electric Corporation and K2 Kinetics among others.

Ask Us Your Questions About This Report:
https://www.futuremarketinsights.com/ask-question/rep-gb-8641

The global collaborative robots market is significantly dominated by some players holding prominent shares of the market. These players are indulging into strategic alliances, collaborations, mergers and acquisitions. For instance, ABB Group announced a collaboration with Kawasaki Heavy Industries Ltd. to share knowledge and are working on joint technical and awareness opportunities.

Contact Us
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): + 44(0)20-7692-8790

For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Collaborative Robots Market to Grow at a CAGR of ~26% During Forecast period of 2019-2029 here

News-ID: 2509886 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for East

Middle East Auto Component Market Significant Growth over Forecast Period 2020-2 …
Auto Component Market is those markets which are manufacture components or parts required in the automobile industry. Middle East Auto Components market was valued at $ 28 billion in 2019 and is expected to surpass $ 39.7+ billion by 2028. Projected growth in the market can be recognized as snowballing automobile vehicle fleet and rising manufacture and infrastructural activities across different countries of the region. Moreover, mounting demand for vehicle
Exciting East African energy projects in progress at Future Energy East Africa i …
Energy project developers and investors in East Africa are all talking about the huge impact that mini grids and off grid power projects can make as the region plays catch-up in its generation capacity. Several exciting projects will be in focus at the 20th edition of the Future Energy East Africa conference and exhibition, formerly known as EAPIC or the East African Power Industry Convention, which returns to the KICC
Studying the Middle East Yacht Market,Studying the Middle East Yacht Industry, S …
Latest industry research report on: Studying the Middle East Yacht Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Our analysts believe that the long-term outlook for the yacht market in the Middle East is positive. Demand for yachts in the Middle East has remained stable and is expected to continue being so. Yachting has emerged as a key aspect of the luxury lifestyle in the
Middle East Railway Sector Middle East Railway Sales Report
For Report Sample Contact: neeraj@kuickresearch.com or +91-11-47067990 Report Table of Contents Middle East Outlook 1.1 Countries Overview 1.2 Middle East Economy 1.3 Transportation in Middle East Middle East Rail Transport Outlook 2.1 Overall Status of Rail Transport in Middle East 2.2 Trends in Railway Infrastructure Development in Middle East Saudi Arabia 3.1 Existing Railway Infrastructure 3.2 Proposed/Planned Railway Infrastructure 3.3 Regulatory Framework 3.4
Paperworld Middle East And Playworld Middle East Set To Build On Initial Success
THE TRADE EVENTS REFLECT CHANGING TRENDS IN REGIONAL MARKET Building on their successful debuts last season, Paperworld Middle East and Playworld Middle East are set to consolidate their presence in the market as significant trade exhibitions, as they get underway at the Dubai International Convention and Exhibition Centre next week from March 6th to 8th. Organiser Epoc Messe Frankfurt is upbeat about the prospects for both shows, which are co-located in order
Digital Signage Expo East & Interactive Technology East Debut to Accolades from …
Philadelphia, PA –Digital Signage Expo East (DSE East) and Interactive Technology Expo East (ITEE), the regional versions of the international Digital Signage Expo and Interactive Technology Expo, today announced that qualified attendees to the show surpassed expectations and numbered in excess of 900! (Final and more comprehensive attendance statistics are pending)." The new regional event delivered on its promise to attract a more regional audience, of end-users, brand and advertising executives