Global Collaborative Robots Market to Valuation of USD 15,000 Million By 2028 | Infinium Global Research

Infinium Global Research, a leading market research firm, has recently released an in-depth report on the Collaborative Robots Market, providing a comprehensive analysis of segments and sub-segments globally and regionally. The report delves into the impact of drivers, restraints, and macro indicators, offering stakeholders valuable insights into trends, forecasts, and dollar values in the dynamically evolving collaborative robots market.

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Remarkable Growth Projections and Collaborative Robots Overview

The global collaborative robots market, valued at approximately USD 2,000 million in 2022, is poised for exceptional growth, reaching an estimated USD 15,000 million by 2028. This growth reflects a remarkable Compound Annual Growth Rate (CAGR) of nearly 40% during the forecast period of 2022-2028.

Collaborative robots, or cobots, represent a form of robotic automation designed to work safely alongside human workers in shared workspaces. In most applications, cobots handle repetitive, menial tasks, allowing human workers to focus on more complex and thought-intensive responsibilities. Designed for safety, collaborative robots feature rounded edges, force limitations, and lightweight construction. Equipped with sensors to avoid collisions and safety protocols, cobots prioritize the well-being of human workers.

Driving Forces and Challenges: Revolutionizing Industrial Automation

Collaborative robots offer a high return on investment compared to traditional industrial robots, making them appealing to small and medium businesses. With simplified operation, lower costs, and easy integration, cobots enable industries of all sizes to stay competitive. However, high initial costs for procurement, integration, programming, and maintenance, along with stringent government regulations, pose challenges to market growth.

During the pandemic, collaborative robots found innovative applications in disinfecting patients' rooms, surgery suits, and even measuring vital signs. This adaptability created growth opportunities, showcasing the versatility of collaborative robots in various industries.

Regional Dominance and Market Segmentation

Asia Pacific is expected to lead the collaborative robots market, driven by rising demand for customized machinery and cars, an increasing number of small and medium enterprises, and expanding industrial output. China, in particular, is anticipated to register significant growth due to its booming manufacturing industry. North America is set to proliferate with increasing manufacturing sectors, supported by government initiatives for smart factories under Industry 4.0. Europe, dominating the market worldwide, benefits from significant investments in research and development.

The report covers key market segments, including payload capacity (between 5 and 10 kg, up to 5 kg, and above 10 kg) and application (pick and place, assembly, packaging and palletizing, handling, machine tending, quality testing, and gluing and welding).

Leading Industry Players

The report profiles key companies in the collaborative robots market, including ABB, Techman Robot, FANUC, KUKA AG, Robert Bosch GmbH, Universal Robots A/S, Rethink Robotics, YASKAWA Electric Corporation, F & P Robotics AG, and Precise Automation, Inc.

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Table of Content

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. Collaborative Robots Market Highlights

2.2. Collaborative Robots Market Projection

2.3. Collaborative Robots Market Regional Highlights

Chapter 3. Global Collaborative Robots Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Analysis of COVID-19 impact on the Collaborative Robots Market

3.4. Porter's Five Forces Analysis

3.5. IGR-Growth Matrix Analysis

3.5.1. IGR-Growth Matrix Analysis by Payload Capacity

3.5.2. IGR-Growth Matrix Analysis by Application

3.5.3. IGR-Growth Matrix Analysis by Region

3.6. Value Chain Analysis of the Collaborative Robots Market

Chapter 4. Collaborative Robots Market Macro Indicator Analysis

Chapter 5. Global Collaborative Robots Market by Payload Capacity

5.1. Between 5 and 10 Kg

5.2. Up to 5 Kg

5.3. Above 10 Kg

Chapter 6. Global Collaborative Robots Market by Application

6.1. Pick and Place

6.2. Assembly

6.3. Packaging and Palletizing

6.4. Handling

6.5. Machine Tending

6.6. Quality Testing

6.7. Gluing and Welding

Chapter 7. Global Collaborative Robots Market by Region 2022-2028

7.1. North America

7.1.1. North America Collaborative Robots Market by Payload Capacity

7.1.2. North America Collaborative Robots Market by Application

7.1.3. North America Collaborative Robots Market by Country

7.2. Europe

7.2.1. Europe Collaborative Robots Market by Payload Capacity

7.2.2. Europe Collaborative Robots Market by Application

7.2.3. Europe Collaborative Robots Market by Country

7.3. Asia-Pacific

7.3.1. Asia-Pacific Collaborative Robots Market by Payload Capacity

7.3.2. Asia-Pacific Collaborative Robots Market by Application

7.3.3. Asia-Pacific Collaborative Robots Market by Country

7.4. RoW

7.4.1. RoW Collaborative Robots Market by Payload Capacity

7.4.2. RoW Collaborative Robots Market by Application

7.4.3. RoW Collaborative Robots Market by Sub-region

Chapter 8. Company Profiles and Competitive Landscape

8.1. Competitive Landscape in the Global Collaborative Robots Market

8.2. Companies Profiles

8.2.1. ABB

8.2.2. Techman Robot

8.2.3. FANUC

8.2.4. KUKA AG

8.2.5. Robert Bosch GmbH

8.2.6. Universal Robots A/S.

8.2.7. Rethink Robotics

8.2.8. YASKAWA Electric Corporation

8.2.9. F & P Robotics AG

8.2.10. Precise Automation, Inc.

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of collaborative robots.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2028.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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