Collaborative Robot Market Growing at Steady CAGR to 2031 | AcBB Group, DENSO Robotis, EPSON Robots, Energid Technologies Corporation

New York, According to a new market research report published by Global Insight Services Collaborative Robot Market is expected to grow by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Collaborative robots, also known as cobots, are increasingly being used in various industries to automate tasks and improve efficiency. These robots are designed to work alongside humans in close proximity, and are typically used for tasks such as assembly, pick-and-place, packaging, and machine tending.

Key Trends and

Some of the key trends in the collaborative robot market are increasing adoption of collaborative robots for industrial applications and increasing demand for collaborative robots in the healthcare sector.

The key drivers of collaborative robot market are:

Increasing adoption of collaborative robots in the automotive industry
Rising demand for collaborative robots from small and medium enterprises
Growing need for efficient and safe working environment
Technological advancements in collaborative robots

Restraints & Challenges

The need for experts to design, install and program collaborative robots is restraining the market. Time required to learn the programming of collaborative robots is restraining the market.

The challenges in the collaborative robots market include the need for high accuracy and repeatability, and the need for safety features such as emergency stop buttons and sensors.

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Market Segments

By Payload Capacity

• Up to 5kg
• Up to 10kg
• Above 10kg

Key Players

• AcBB Group
• DENSO Robotis
• EPSON Robots
• Energid Technologies Corporation
• F&P Robotics AG
• Fanuc Corporation
• KUKA AG
• MRK-Systeme GmbH
• Precise Automation Inc.
• Rethink Robotics Inc.

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Reasons to buy Collaborative Robot Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

This release was published on openPR.