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At 32.5% gains, Collaborative Robot Market to hit $20,258.74 Million by 2032

09-25-2024 09:41 AM CET | IT, New Media & Software

Press release from: Polaris Market Research & Consulting

Collaborative Robot Market

Collaborative Robot Market

The collaborative robot market size was valued at USD 1614.91 million in 2023. The market is projected to grow to USD 20,258.74 million by 2032, exhibiting a compound annual growth rate (CAGR) of 32.5% from 2024 to 2032.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ž๐Ÿ๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
A cobot, which stands for collaborative robot, is a sign to cooperate with humans collaboratively. Collaborative robots are designed to operate in close proximity to humans without posing a danger, unlike standard industrial robots that are typically enclosed or kept apart for safety purposes. Collaborative robots are distinguished by their ability to interact and cooperate with human workers. They possess varied sensors, such as force sensors and vision systems, enabling them to detect and respond to their environment.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/collaborative-robot-market/request-for-sample

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:
โ€ข With the rise in automation adoption by companies, there has been a growing utilization of collaborative robots in manufacturing technology.

โ€ข Cobots are essential in healthcare, research and development, logistics, and various other sectors, as they can boost efficiency and safety when working with robots. Collaborative robots are becoming more popular due to the demand for automation, technological advancements, workforce shortages, and safety concerns in hazardous environments.

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:
Because there are so many companies in the market, it is expected to be both competitive and fragmented. Here is the list of the leading companies operating in the collaborative robot market:
โ€ข ABB Group
โ€ข DENSO Robotics
โ€ข Energid Technologies Corporation
โ€ข Epson Robots
โ€ข F&P Robotics AG
โ€ข Fanuc Corporation
โ€ข KUKA AG
โ€ข MRK-Systeme GmbH
โ€ข Precise Automation, Inc
โ€ข Rethink Robotics, Inc
โ€ข Robert Bosch GmbH
โ€ข Universal Robots A/S
โ€ข Yaskawa Electric Corporation

๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐“๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:
https://www.polarismarketresearch.com/buy/2970/0

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:
๐๐ฒ ๐๐š๐ฒ๐ฅ๐จ๐š๐ ๐‚๐š๐ฉ๐š๐œ๐ข๐ญ๐ฒ:
โ€ข Up to 5kg
โ€ข Up to 10kg
โ€ข Above 10kg

๐๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐•๐ž๐ซ๐ญ๐ข๐œ๐š๐ฅ:
โ€ข Metal & Machinery
โ€ข Automotive Plastic & Polymers
โ€ข Furniture & Equipment
โ€ข Electronics
โ€ข Food & Beverage
โ€ข Pharma
โ€ข Others

๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง:
โ€ข Handling
โ€ข Packaging
โ€ข Assembly
โ€ข Pick & Place
โ€ข Quality Testing
โ€ข Machine Tending
โ€ข Gluing & Welding
โ€ข Others

The collaborative robot market is mainly segmented based on payload capacity, industry vertical, application, and region. Based on the payload capacity analysis, during the projection period, the 5kg segment held the largest income share. Co-bots capable of carrying 5kg can be easily customized and are used in factory automation tasks and the automotive market.

Moreover, according to the industry vertical analysis, during the projection period, the automotive segment is anticipated to lead the market. These collaborative robots are extensively used in different applications. It involves tasks like assembly line responsibilities, material handling, logistics coordination, quality assurance, painting, finishing, and testing and validation.

๐‚๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž ๐ญ๐จ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐ก๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/collaborative-robot-market

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:
๐†๐š๐ฌ ๐’๐ฉ๐ซ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ:
https://www.polarismarketresearch.com/industry-analysis/gas-spring-market

๐’๐œ๐ซ๐ž๐ฐ ๐‚๐š๐ฉ๐ฉ๐ข๐ง๐  ๐Œ๐š๐œ๐ก๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ:
https://www.polarismarketresearch.com/industry-analysis/screw-capping-machine-market

๐†๐š๐ฌ ๐ƒ๐ž๐ฅ๐ข๐ฏ๐ž๐ซ๐ฒ ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:
https://www.polarismarketresearch.com/industry-analysis/gas-delivery-systems-market

๐•๐ข๐›๐ซ๐š๐ญ๐ข๐จ๐ง ๐‚๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:
https://www.polarismarketresearch.com/industry-analysis/vibration-control-systems-market

๐’๐ญ๐ž๐ฉ๐ฉ๐ž๐ซ ๐Œ๐จ๐ญ๐จ๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:
https://www.polarismarketresearch.com/industry-analysis/stepper-motors-market

Contact:
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Email: sales@polarismarketresearch.com
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About Polaris Market Research & Consulting, Inc:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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