Soft Robotics Market Size is Expected to Reach $3.41 Billion by 2027 | Bioservo technologies AB, Cyberdyne Inc., Ekso bionics Holdings, Inc., F&P Robotics AG, Festo AG, Rewalk Robotics Ltd., Righthand Robotics Inc

According to a new report published by Allied Market Research, titled, "Soft Robotics Market by Type (Soft Grippers, Cobots, Inflated Robotics, and Exoskeleton), Component (Hardware and Software), and End User (Healthcare, Advanced Manufacturing, Food & Beverage, Logistics, and Others): Opportunity Analysis and Industry Forecast, 2020-2027," the global soft robotics market size was valued at $573.8 billion in 2019, and is projected to reach at $3.41 billion by 2027, growing at a CAGR of 30.7% from 2020 to 2027.

The report focuses on the growth prospects, restraints, and trends of the global Soft Robotics Market analysis. The study provides Porter's five forces analysis to understand the impact of various factors, such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers, on the global Soft Robotics Market share.

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The key players profiled in the Soft Robotics Market research report are Bioservo technologies AB, Cyberdyne Inc., Ekso bionics Holdings, Inc., F&P Robotics AG, Festo AG, Rewalk Robotics Ltd., Righthand Robotics Inc., Roam Robotics, Soft Robotics Inc., and Yaskawa Electric Corporation.

These players have adopted various strategies such as expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to gain a strong position in the industry.

Key Benefits for Stakeholders from this Research Report:

• This study comprises analytical depiction of the global Soft Robotics Market outlook along with the current trends and future estimations to depict the imminent investment pockets.
• The overall Soft Robotics Market analysis is determined to understand the profitable trends to gain a stronger foothold.
• The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
• The current Soft Robotics Market forecast is quantitatively analyzed from 2020 to 2027 to benchmark the financial competency.
• Porter's five forces analysis illustrates the potency of the buyers and the Soft Robotics Market share of key vendors.
• The report includes the trends and the Soft Robotics Market share of key vendors.

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Regional Scope and Demand Analysis for 2020-2027

Region wise, the Soft Robotics Market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

North America is dominating the Soft Robotics Market share, owing to growth of the high investment opportunities. However, Asia-Pacific is projected to register the significant growth rate during the forecast period. Furthermore, LAMEA holds the subsequent position, and is likely to increase its growth rate by the end of the forecast period, followed by Europe.

Covid-19 Impact on the Global Soft Robotics Market:

Soft Robotics Market Research Report provides an overview of the industry based on key parameters such as effect of COVID-19 on market size, sales, sales analysis and key drivers. The coronavirus pandemic (COVID-19) has affected all aspects of life around the world. This has changed some of the market situation. The main purpose of the research report is to provide users with a broad view of the market. Initial and future assessments of rapidly.

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Key Questions Answered in the Research Report:

Q1. At what CAGR, the Global Soft Robotics Market will expand from 2020- 2027?
Q2. What will be the revenue of Global industry by the end of 2027?
Q3. Which are the factors that drives global industry Growth?
Q4. Who are the leading players in Soft Robotics Market?
Q5. What are the segments of Market?
Q6. What are the key growth strategies of Soft Robotics Market Players?
Q7. By Application, which segment is expected to exhibit the highest CAGR during 2020 - 2027?
Q8. By Region, which segment holds a dominant position in 2020 and would maintain the lead over the forecast period?

Chapter 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top impacting factors
3.2.2.Top investment pockets

3.3.Porter's five forces analysis
3.4.Patent analysis

3.4.1.By region (2017-2019)
3.4.2.By applicant

3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Rapid industrialization and automation
3.5.1.2.Increasing number of exoskeleton innovations in healthcare industry
3.5.1.3.Soft robotics enhance the development of resilient supply chains

3.5.2.Restraints

3.5.2.1.High cost of soft robotics is a major hurdle for market growth
3.5.2.2.Lack of homogeneous programming platforms

3.5.3.Opportunity

3.5.3.1.Innovative robots for small and medium-sized companies

3.6.COVID Impact

3.6.1.Impact on market size
3.6.2.End user trends, preferences, and budget impact
3.6.3.Key player strategies to tackle negative impact

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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