Collaborative Robots Market Opportunities: Size, Demand, Trends & Growth and Restraint Factors Analysis Report

The Collaborative Robots Market Size and Trends Analysis, with Forecast 2020-2028. This latest market research report contains a wealth of useful insights and data, such as global market size, regional shares, and competitor market share. Additionally, it discusses current trends, future opportunities, and critical data for industry success.

According to Fortune Business Insights, the Collaborative Robots Market size has increased significantly in recent years. It will increase from USD 979.6 million in 2020 to USD 16,387.3 million million in 2028, with a compound annual growth rate (CAGR) of 42.7%. The research report provides a comprehensive assessment, including strategic insights into future trends, growth drivers, supply-demand dynamics, annual growth rates, CAGR, and pricing trends. It also includes a number of business frameworks, including Porter’s Five Forces, PESTLE, Value Chain, Four Ps, Market Attractiveness, BPS, and Ecosystem Analyses, which provide a comprehensive picture of the market landscape.

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Major Key Players of the Market:

• Universal Robots (Headquarter: – Odense, Denmark)
• Rethink Robotics GmbH (Headquarter: – Massachusetts, U.S.)
• Denso Wave Incorporated (Headquarter: – Aichi Prefecture, Japan)
• Fanuc Corporation (Headquarter: – Yamanashi, Japan)
• Bosch Rexroth AG (Headquarter: – Lohr a. Main, Germany)
• ABB (Headquarter: – Zürich, Switzerland)
• Yaskawa America, Inc.- Motoman Robotics Div. (Headquarter: – Fukuoka, Japan)
• AUBO Robotics (Headquarter: – Tennessee, U.S.)
• Stäubli International AG. (Headquarter: – Freienbach, Switzerland)
• K2 Kinetics (Headquarter: – Pennsylvania, U.S.)
• Rethink Robotics (U.S.)
• MABI Robotic (Switzerland)
• FrankaEmika (Germany)
• F&P Robotics (Switzerland)
• Neura Robotics (Germany)

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Collaborative Robots Market Segmentation:

Collaborative Robots Market Size, Share & Industry Analysis, By Payload Capacity (Up to 5 Kg, 6-10 Kg, 11 Kg and Above), By Application (Welding, Material Handling, Quality Testing, Painting/Spraying, Assembling, Others), By Industry (Automotive, Electronics & Semi-Conductors, Food & Beverages, Retail, Metal & Machining, Rubber & Plastic, Others), and Regional Forecast, 2021-2028

Reasons to purchase this report:

This report provides a detailed analysis of the Collaborative Robots Market’s competitive landscape, emerging growth areas, market conditions, and key trends. It allows businesses to identify opportunities for growth while also recognizing potential risks and challenges. The report provides valuable insights by evaluating product portfolios and business segments, allowing stakeholders to develop informed investment and market strategies.

A thorough understanding of the industry dynamics presented in the report will help to develop effective strategies for success in the Collaborative Robots Market, significantly improving decision-making processes. Overall, this report is an invaluable resource for anyone looking to stay current on this rapidly changing industry.

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Drivers & Restraints:

• Drivers:
  • Increasing demand for automation and flexible manufacturing solutions driving the adoption of collaborative robots (cobots) in various industries.
  • Technological advancements in safety features and ease of programming enhancing the usability and integration of cobots into existing workflows.
• Restraints:
  • Concerns regarding the safety and reliability of cobots in high-speed production environments may limit their acceptance in some sectors.
  • High initial costs associated with purchasing and implementing collaborative robot systems may deter smaller manufacturers.

Table of Contents:

• Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
• Executive Summary
• Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
• Key Insights
  • Key Industry Developments – Merger, Acquisitions, and Partnerships
  • Porter’s Five Forces Analysis
  • SWOT Analysis
  • Technological Developments
  • Value Chain Analysis

TOC Continued…!

Collaborative Robots Market Regional Segmentation:

• North America (By Payload Capacity, Application, Industry and Country)
  • U.S. (By Payload Capacity)
  • Canada (By Payload Capacity)
• Europe (By Payload Capacity, Application, Industry and Country)
  • U.K. (By Payload Capacity)
  • Germany (By Payload Capacity)
  • France (By Payload Capacity)
  • Rest of Europe
• Asia Pacific (By Payload Capacity, Application, Industry and Country)
  • China (By Payload Capacity)
  • Japan (By Payload Capacity)
  • India (By Payload Capacity)
  • Southeast Asia (By Payload Capacity)
  • Rest of Asia Pacific
• Middle East & Africa (By Payload Capacity, Application, Industry and Country)
  • GCC (By Application)
  • South Africa (By Application)
  • Rest of Middle East & Africa
• South America (By Payload Capacity, Application, Industry and Country)
  • Brazil (By Payload Capacity)
  • Mexico (By Payload Capacity)
  • Rest of South America

FAQ’s:

• What are the main drivers of the collaborative robots (cobots) market?
  • The primary drivers include the increasing demand for automation in small and medium-sized enterprises (SMEs), the need for enhanced flexibility and safety in manufacturing processes, and the ease of integration of collaborative robots alongside human workers. The growing adoption of cobots across industries such as automotive, electronics, and logistics also fuels market growth.
• How has the collaborative robots market been impacted by regional dynamics?
  • The Asia Pacific region dominated the collaborative robots market, accounting for a significant share of 23.26% in 2020, largely due to the high manufacturing activity in countries like China, Japan, and South Korea. North America and Europe are also important regions, where industries are increasingly adopting cobots to improve productivity and worker safety.
• What trends are shaping the future of the collaborative robots market?
  • Major trends include the rising integration of artificial intelligence (AI) and machine learning in cobots for enhanced capabilities, the growing adoption of cobots in non-manufacturing sectors such as healthcare and retail, and the development of lightweight, easy-to-program cobots that can be used by operators with minimal technical expertise.
• What is the projected growth rate for the collaborative robots market?
  • The global collaborative robots market is expected to grow at a remarkable compound annual growth rate (CAGR) of 42.7%, expanding from USD 1,358.2 million in 2021 to USD 16,387.3 million by 2028. This rapid growth is driven by increasing industrial automation and advancements in cobot technologies.
• Who are the key players in the global collaborative robots market?
  • Key players in the global collaborative robots market include Universal Robots (Denmark), Rethink Robotics GmbH (U.S.), Denso Wave Incorporated (Japan), FANUC Corporation (Japan), Bosch Rexroth AG (Germany), ABB (Switzerland), and Yaskawa America, Inc. – Motoman Robotics Division (Japan). These companies are at the forefront of innovation in cobot development and deployment across various industries.

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