Collaborative Robot Market Analysis and Forecast to 2028: COVID-19 and Post-COVID Impact, Opportunities and Trends

According to a report from Evolve Business Intelligence, 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 44% from 2021 to 2027.. The study covers insights regarding growth leveraging factors and investment strategies for each of the reader's analysts. The reader will gain valuable insights regarding key players and their developmental outlook for 2019, 2020 and 2021. This latest report on Pre-COVID-19 and Post-COVID-19 impact analysis will help investors with keeping up-to-date with current market activity and plan future investments accordingly.

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The report includes 10 key players in the Collaborative Robot market ecosystem that have been strategically profiled, along with the market ranking/share for major players. The key players profiled in the report are:

• Universal Robots (Denmark)
• ABB (Switzerland)
• FANUC (Japan)
• YASKAWA (Japan)
• Techman Robot (Taiwan)
• KUKA (Germany)
• Doosan Robotics (South Korea)
• Rethink Robotics (US)
• Precise Automation (US)
• Denso Corporation (Japan).

The research team has conducted a study of the COLLABORATIVE ROBOT market. This study indicated an optimistic outlook for the future based on recent trends, hurdles, and opportunities. Based on our findings, our research team determined specific opportunities for growth for COLLABORATIVE ROBOT Market, including some key areas that we believe could help bolster this innovative project's performance in terms of financial results (which have thus far been quite positive). This report on the COLLABORATIVE ROBOT market shows the industry's historic development, including its evolution and latest developments. The report contains a comprehensive market stat of leading players in this industry. It also provides some important findings on this industry, like the consumption (sales), revenue, market share and growth rate analysis with respect to some major countries of this industry from 2020-2030.

Impact of COVID-19 & Post Covid Scenario
The COVID-19 pandemic has been hitting the market for several months and the repercussions have been felt across several countries and continents. There have been outbreaks of this virus that have amassed and bred among financial markets over a long period of time, disrupting trade and personal profit as well because they were frozen to avoid further spread. We at Evolve Business Intelligence have interviewed hundreds of people in similar geographical regions to help eliminate these risks.
In terms of COVID 19 impact, the Collaborative Robot market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Market Segment By Component with focus on market share, consumption trend, and growth rate of Collaborative Robot Market:
• Hardware
o Robotic Arm
o End Effector or End of Arm Tool (EOAT)
o Welding Guns
o Grippers
o Drives
o Controllers
o Sensors
o Power Supply
o Motors
o Others (PCBs, diodes, relays, transformers, resistors, rectifiers, capacitors, cables, vision systems, and connectors)
• Software

Market Segment By Payload with focus on market share, consumption trend, and growth rate of Collaborative Robot Market:
• Up to 5 Kg
• 5-10 Kg
• Above 10 Kg

Market Segment By Application with a focus on market share, consumption trend, and growth rate of Collaborative Robot Market:
• Handling
• Welding and Soldering
• Assembling & Disassembling
• Dispensing
• Processing
• Others (Inspection and Quality testing, and Die-casting and Molding.)

Market Segment By Industry with a focus on market share, consumption trend, and growth rate of Collaborative Robot Market:
• Automotive
• Electronics
• Metals & Machining
• Plastics and Polymers
• Food and Beverages
• Furniture and Equipment
• Healthcare
• Others (Scientific Research, Logistics, Education, Consumer goods, and Die cast and Foundry)

Global Collaborative Robot Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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Key Matrix
• Base Year: 2021
• Estimated Year: 2022
• CAGR: 2022 to 2030

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