Press release
Analysis of Key Market Segments Influencing the Soft Robotics Market
Soft Robotics
Projected Growth and Market Size of Soft Robotics by 2029
The soft robotics market is anticipated to witness significant growth, reaching a valuation of $5.65 billion by 2029. This expansion corresponds to an impressive compound annual growth rate (CAGR) of 25.8%. The market's upward trajectory is propelled by factors such as growth in the food and beverage sector, enhanced environmental monitoring and exploration efforts, rising global health and safety awareness, increasing standardization and commercialization, and the development of application-specific customization. Key trends expected to influence this growth phase include bio-inspired designs and biomimicry, advancements in soft sensors and feedback mechanisms, integration of artificial intelligence (AI), development of soft exoskeletons for human augmentation, and the emergence of collaborative robots, commonly referred to as cobots.
Download a free sample of the soft robotics market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13160&type=smp
Top Companies Driving Innovation in the Soft Robotics Market
The competitive landscape of the soft robotics market features several influential players shaping its future. Prominent companies include Asea Brown Boveri Ltd., Fanuc Corporation, Yaskawa Electric Corporation, Festo Group, Ocado Group PLC, QinetiQ Group plc., Ottobock SE & Co KGaA, SRI International Inc., Universal Robots, Piab Group Holding, SoftWear Automation Inc., Doosan Robotics Inc., Disney Research, Ekso Bionics Holdings Inc., Innophys Co. Ltd., Shadow Robot Company Limited, ReWalk Robotics Inc., Artimus Robotics Inc., Octopus Robotics Incorporated, Rethink Robotics Inc., Robotnik Automation SLL, Schunk GmbH, Roam Robotics Inc., ULC Robotics Inc., RightHand Robotics Inc., Soft Robotics Inc., Tactile Robotics Ltd., Bristol Robotics Laboratory Limited, New Scale Robotics Inc., and Southie Autonomy.
Strategic Acquisitions Expanding Market Reach
In an important move in December 2022, Ekso Bionics Holdings Inc., a US-based manufacturer specializing in medical devices, acquired Parker Hannifin Corporation's human motion and control business unit. This acquisition remains financially undisclosed but significantly broadens Ekso's product portfolio and market opportunities by incorporating Parker's unique and adaptable Indego exoskeletons. Parker Hannifin is known for its expertise in motion and control technologies, including exoskeletons and wearable robotics, making this deal a strategic enhancement for Ekso's offerings.
View the full soft robotics market report:
https://www.thebusinessresearchcompany.com/report/soft-robotics-global-market-report
Innovative Trends Boosting the Soft Robotics Market
Leading companies in the soft robotics field are prioritizing innovation, particularly focusing on technologies like soft robotic hand rehabilitation gloves that utilize soft exoskeleton systems. These customized wearable devices are designed to aid individuals with hand impairments in their recovery and rehabilitation processes. For instance, in November 2022, Siyi Intelligence, a medical equipment manufacturer based in China, launched the HRC12 model of the SYREBO soft robotic hand rehabilitation gloves. This latest generation incorporates advancements in soft exoskeleton technology along with improved usability and accessibility. The HRC12 offers enhanced training modes, including fine motor skill development, stretching exercises, pinch training, and realistic rehabilitation programs, marking a trend towards more specialized home-based rehabilitation solutions.
Detailed Segmentation Within the Soft Robotics Market
This market report breaks down the soft robotics sector into several key segments for a comprehensive understanding:
1) By Component: Speaker, Amplifier, DSP (Digital Signal Processor), Microphone, Tuner
2) By Make Type: Branded or Premium Audio Systems, Non-Branded Audio Systems
3) By Technology: Voice Recognized Audio System, Non-Voice Recognized Audio System
4) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
5) By Application: Passenger Vehicle, Commercial Vehicle
Further subcategories refine these segments, such as:
- Speaker types including coaxial speakers, component speakers, subwoofers, and tweeters
- Amplifiers divided into mono amplifiers, multi-channel amplifiers, and digital amplifiers
- DSP units as standalone or integrated in head units
- Microphones categorized as wired, wireless, and noise-canceling
- Tuners including AM/FM tuners, satellite radio tuners, and digital audio broadcasting (DAB) tuners
The segmentation provides a detailed framework that helps stakeholders understand the varied applications and technologies shaping the soft robotics market's landscape.
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Analysis of Key Market Segments Influencing the Soft Robotics Market here
News-ID: 4322431 • Views: …
More Releases from The Business Research Company
Emerging Sub-Segments Transforming the Cold Pressed Juice Market Landscape
The cold pressed juice market is on the verge of significant expansion as consumers increasingly seek healthier and more functional beverage options. Shifting preferences towards immunity-boosting drinks and sustainability are driving innovation and growth in this sector. Let's explore the current market size, influential players, emerging trends, and segment breakdowns shaping the future of cold pressed juices.
Cold Pressed Juice Market Size and Growth Expectations Through 2030
The market for…
Top Companies and Industry Competition in the Coffee Franchise Market
The coffee franchise industry is positioned for significant expansion in the coming years, driven by evolving consumer preferences and strategic market initiatives. Increasing demand for high-quality coffee experiences and innovative business models is shaping the future landscape. Let's explore the current market size, leading companies, key trends, and major segments that define this dynamic sector.
Projected Growth and Market Size of the Coffee Franchise Market by 2030
The coffee franchise…
Coconut Sugar Market Overview: Major Segments, Strategic Developments, and Leadi …
The coconut sugar market is gaining significant momentum and is poised for notable expansion over the coming years. Driven by evolving consumer preferences and increasing interest in healthier and sustainable sweeteners, this market presents promising opportunities for businesses and consumers alike. Let's explore the market's size, key players, emerging trends, and segmentation in detail.
Projected Expansion of the Coconut Sugar Market Size Through 2030
The coconut sugar market is forecasted…
Emerging Sub-Segments Transforming the Clarithromycin Tablets Market Landscape
The clarithromycin tablets market is poised for notable expansion in the coming years, driven by several healthcare and pharmaceutical developments. As demand for effective antibiotic treatments rises globally, this sector is attracting considerable attention from manufacturers and healthcare providers alike. Let's explore the market's size, key players, prevailing trends, and segmentation to understand its current landscape and future potential.
Projected Market Valuation and Growth Trajectory for Clarithromycin Tablets
The clarithromycin…
More Releases for Robot
RoboPaw Robot Puppy Review: Is This Robot Dog Worth Buying?
RoboPaw Robot Puppy Review: Is This Robot Dog Worth Buying?
The rise of smart robotic pets has transformed how families introduce companionship, creativity, and safe entertainment into their daily routines. Among the newest innovations gaining massive attention is the RoboPaw Robot Puppy, a highly interactive, expressive, and surprisingly intelligent robotic companion designed for kids, adults, and even seniors who want play, comfort, and engagement without the responsibility of a real pet.
The…
Wuffy Robot Dog Reviews: All Truth about Wuffy Robot Dog (wuffy the robot dog)
Parents around the world are asking the same question right now: can a robot puppy really replace some of the comfort and fun of a real dog? In a time when many families live in apartments, juggle allergies, or simply cannot handle the responsibility of a pet, wuffy robot dog reviews are starting to stand out online for one simple reason. This is not another plastic gadget that flashes once…
Major Market Shift in Robot Kitchen Industry: Robot-Operated Or AI-Powered Resta …
What Is the Forecasted Market Size and Growth Rate for the Robot Kitchen Market?
The robot kitchen market has grown strongly in recent years. It is projected to grow from $3.35 billion in 2024 to $3.66 billion in 2025, at a CAGR of 9.3%. The growth is driven by automation and efficiency, rising labor costs, consumer demand for convenience, innovation and competition, and the emphasis on food safety and hygiene.
The robot…
AI Robot Toy Market Likely to Enjoy Massive Growth (2024-2029)ROYBI AI Robot , D …
According to HTF Market Intelligence, the Global AI Robot Toy market to witness a CAGR of 17.8% during the forecast period (2024-2029). The Latest Released AI Robot Toy Market Research assesses the future growth potential of the AI Robot Toy market and provides information and useful statistics on market structure and size.
This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify…
TPA Robot launches a new industrial linear robot
The single axis robot KK Series, developed by TPA ROBOT, uses partially hardened U-shaped steel base track to significantly increase the robot's strength and load capacity. Due to the different environments, we have three type of linear robot series, KSR, KNR and KFR, depending on the type of cover used.
For the return system between the track and the slider, the contact surface between the ball and the ball groove adopts…
Robot Battery Market 2023- 2028 Global Insights by Industry Volume, Opportunitie …
The Robot Battery Market research report gives consistent conveyance of the substance. Information gathered in the notification is from verified and reliable sources. Besides, the report additionally breaks down the forthcoming patterns and openings likely to propel the Robot Battery Market. Moreover, the Robot Battery Market provides creative strategies and plans that help market players to stay ahead of the competition. Besides, the Robot Battery Market research report likewise evaluates…
