Collaborative Robots Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019-2025

Collaborative Robots Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019-2025

“”Collaborative Robots Market””
WiseGuyReports.com adds “Global Collaborative Robots Market Size Study, By Payload Capacity (Up to 5kg, 5kg to 10kg, Above 10kg), By Application (Machine Tending, Assembly, Handling, Gluing & Welding, Quality Testing, Pick & Place, Packaging), By Industry (Pharmaceuticals, Food & Beverage, Plastic & Polymers, Electronics, Metal & Machinery, Others) and Regional Forecasts 2018-2025” reports to its database.

Collaborative Robots Market:

Executive Summary

Global collaborative robots market is valued at approximately USD 770 million in 2017 and is anticipated to grow with a healthy growth rate of more than 36.41 % over the forecast period 2018-2025. Collaborative robots are used as an assistor or as a guide to support human beings in certain job. Cobots are yielding several productivity gains in factory operations. These collaborative robots are widely used among different industries for variety of operation such as in packaging, pick and place, painting, food handling and others. The evolution of Industry 4.0 and Industrial Internet of Things has brought has prompted the adoption of advanced automation solutions across the industries. Advanced automation technologies such as collaborative robots hold the potential to significantly hasten production and lower the manufacturing costs. Low cost of cobots coupled with high ROI from the different end use industries are key factors fueling the market growth. Furthermore, increasing trend of industrial automation to improve process quality, consistency and throughput are anticipated to create several lucrative opportunities for collaborative robot market. The global supply of industrial robots in 2009 was valued at 60,000 units which has now increased up to USD 345000 units in 2017. Additionally, the accelerating automotive industry and increasing demand pharmaceutical sector are expected to drive market growth. However, high overall installation cost associated with collaborative robots is anticipated to hinder the market growth during the forecast period.

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The regional analysis of global collaborative robots market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share. In 2017, Europe cobots market was valued about $327.3 million that is estimated to be valued $3250.8 million in 2025. This growth is attributable in the owing to government support in the region towards adoption of automation solutions in industries. Europe is also anticipated to witness a significant market growth ascribed to the recovering economy, thus resulting in the increasing number of manufacturing facilities in the region. Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2018-2025 due to growth in end-user industries in developing countries such as India, China and Japan. In 2017, APAC collaborative market was valued about USD 168.6 million and estimated to be valued about USD 3087.4 million by 2025 growing with the CAGR of about 43.8% over the forecast period 2018-2025. Further, growing manufacturing activities in countries such as China, Japan, South Korea, and India, paired with rapid industrialization, is anticipated to contribute considerably towards the regional market growth.

Major market player included in this report are: 
KUKA AG 
MABI AG 
FANUC Corp. 
ABB Ltd. 
Universal Robots 
Precise Automation, Inc. 
AUBO Robotics Inc. 
Robert Bosch GmbH 
Energid Technologies Corp. 
Rethink Robotics

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

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By Payload Capacity: 
Upto 5Kg 
5Kg to 10Kg 
Above 10Kg

By Application: 
Machine Tending 
Assembly 
Handling 
Gluing & Welding 
Quality Testing 
Pick & Place 
Packaging

By Industry: 
Pharmaceuticals 
Food & Beverage 
Plastic & Polymers 
Electronics 
Metal & Machinery 
Furniture & Equipment 
Automotive 
Others

Furthermore, years considered for the study are as follows:

Historical year – 2015, 2016 
Base year – 2017 
Forecast period – 2018 to 2025

Target Audience of the Global Collaborative Robots Market in Market Study:

Key Consulting Companies & Advisors 
Large, medium-sized, and small enterprises 
Venture capitalists 
Value-Added Resellers (VARs) 
Third-party knowledge providers 
Investment bankers 
Investors 

Continuous…

 

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