Global Collaborative Robots Market, 2016–2024

nancymoore

The collaborative robot market is segmented on the basis of applications, the payload capabilities, and the industries where the cobots hold most important applications.

Published By: Zion Market Research

Collaborative Robots Market Dynamics, Size, Share, Growth Factors &

Forecast 2024

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Collaborative Robots Market

Collaborative Robots Market: Overview

Recently, a new type of industrial robot has come to the front position in business, varying

all the defined beliefs about robotics. Their most important characteristic is the capability to

work securely alongside with humans. As a result, human–robot partnership is the latest

wanted feature for robots.

Up to now, robots in business have always been huge, tough and robust equipment that

work on definite tasks intended for them. They were enclosed by barriers and guards for

security purposes. Their vivid colors were used to caution the nearby employees about the

threat they symbolizes. A lot of encoding skills were also essential to install these robots.

Collaborative robots are exactly the reverse of the industrial robots, which actually came

before them. They are solid, lightweight and agile.

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Collaborative Robots Market: Growth Factors

Collaborative robots are devices planned and developed for mechanizing tasks and making

job easier for humans. The constant expansion in the automation business is anticipated to

improve the development of the global collaborative robot market in the future. The security

of these robots has augmented their popularity in a variety of customer industries are they

can rightly work in bike with the human workers.


Collaborative Robots Market

The collaborative robot market is anticipated to be motivated by the broad range of

collaborative robots that have permitted automation companies the prospect to choose the

ideal product. In addition to this, the capabilities of these machines to work with other

workers without intrusion and without any strict needs for security are also expanding the

demand for collaborative robots. The activities of these robots can be effortlessly

programmed throughout logical procedures that contain intuitive tools.

Collaborative Robots Market: Segmentation

The collaborative robot market is segmented on the basis of applications, the payload

capabilities, and the industries where the cobots hold most important applications. Among

the three segments, above 10 kg capability segment is projected to see the highest growth

over the anticipated time. The popularity for the segment can be attributed to the necessity

arising from the industrial jobs which requires heavy payload capabilities.

In addition to this, the most important applications of the collaborative robots comprise

handling, assembling, packaging, picking & dropping, gluing and welding. Handling

application segment is anticipated to grasp the highest market share in the past years and is

anticipated to uphold the domination in the coming years. The fast development of these

segments can be recognized to the expansion being seen by the food & packaging and

automotive sectors. The popularity for the collaborative robots for performing a variety of

tasks across the businesses is projected to be an outstanding feature for driving the market.

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Collaborative Robots Market: Regional Analysis


Collaborative Robots Market

Based on geography, the global collaborative robot market is divided into Europe, Latin

America, North America, Asia Pacific, and the Middle East and Africa. In the past, Europe

has dominated the global market in terms of revenue. The firm concentration on automation

has kept the popularity for collaborative robots in the province at an all-time higher rate.

Analysts expect that North America will pursue the lead in terms of returns as the region’s

financial system climbs back to normal rate after the slouch. Asia Pacific is also anticipated

to tender numerous profitable opportunities to the market in the coming future as the

manufacturing activities put on momentum.

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Collaborative Robots Market: Competitive players

Major players in the global collaborative robots market include ABB Ltd., KUKA AG,

Teradyne Inc., Robert Bosch GmbH, Nachi Robotic Systems, Fanuc Corporation, Rethink

Robots, Energid Technologies, F & P Robotics AG, Inc., and Kawasaki Heavy Industries,

Ltd.

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Collaborative Robots Market

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Tel: +1-386-310-3803 GMT

+49-322 210 92714 Tel: +1-855-465-4651 (US/CAN TOLL FREE)

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