Global Collaborative Robot Market size is expected to expand at a compounded annual growth rate (CAGR) of 32.0% from 2023 to 2030.
The incorporation of artificial intelligence and machine learning technologies into industrial robots is having a positive impact on the business world. Furthermore, the introduction of 5G technology is expected to accelerate the adoption of cobots in the manufacturing sector. The release of an industrial grade 5G wireless network by Nokia Corporation to meet the requirements of Industry 4.0 is a prominent example of such developments. The low-latency connectivity offered by 5G wireless solutions will help OEMs enhance robotic automation and increase the productivity, quality, and efficiency of the manufacturing processes.
Several retailers and e-commerce behemoths have begun to invest in robotic technology, which play an important role in managing their logistics and supply chain activities. These businesses are currently implementing robotics to aid their warehouse workers. The rising demand for cobots in the logistics sector will provide the market with lucrative growth opportunities throughout the forecast period.
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This study investigates all of the major aspects impacting the growth of the global Collaborative Robot market, such as the demand-supply scenario, pricing structure, profit margins, production, and value chain analysis. Regional analysis of the worldwide Collaborative Robot market reveals numerous untapped potential in regional and domestic markets. Users can analyse business shares analysis, emerging product lines, the extent of NPD in new markets, price tactics, innovation prospects, and much more with detailed company profiling.
Top key players of Collaborative Robot Market:
- Rethink Robotics
- Precise Automation, Inc.
- KuKa AG
- Yasakawa Electric Corporation
- TECHMAN Robots
- Aubo Robotics
- Kawasaki Heavy Industries, Ltd.
- ABB
- Robert Bosch
- Universal Robots
- Fanuc
Market: By Types
- Power and Force Limiting
- Safety Monitored Stop
- Speed and Separation
- Hand Guiding
Market: By Applications
- Packaging
- Assembling
- Material Handling
- Machine Tending
- Quality Testing
- Others
Global Collaborative Robot Market: Regional Analysis
The countries covered in the regional analysis of the Global Collaborative Robot market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Key Benefits:
- The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
- Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
- Porter’s Five Force Model and SWOT analysis are used to study the global Collaborative Robot market and would help stakeholders make strategic decisions.
- The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
- In-depth analysis of the types of Collaborative Robot would help in identifying future applications in this market.
Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Collaborative Robot manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Collaborative Robot market covering all its essential aspects.
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