Latest released the research study on Global Collaborative Robots Market, offers a detailed overview of the factors influencing the global business scope. Collaborative Robots Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Collaborative Robots. The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are Universal Robots A/S (Denmark), Rethink Robotics (United States), ABB (Switzerland), KUKA AG (Germany), FANUC Corporation (Japan), Robert Bosch GmbH (Germany), MRK-Systeme GmbH (Germany), Precise Automation, Inc. (United States), Energid Technologies Corporation (United States) and F&P Robotics AG (Switzerland).
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Definition:
Collaboration robots are the robots which are capable of learning multiple tasks so they can assist human beings. It is also known as a cobot. It has many roles from autonomous robots of working together with humans to industrial robots which having their protective guards removed. It has highly complex machines that are able to work hand in hand with human beings. The rising number of industries moving to automation worldwide, the rise in need for user-friendly automation, low capital investment in Cobot’s leading to a high return on investment (ROI) robotic application gaining traction, increasing demand for light, as well as the moderate payload capacity of co-bots due to their ease of deployment, high adaptability, affordability, are some of the major drivers which are propelling the growth of the market. The global collaborative robots market to grow at a CAGR of 60.59% during the period 2020-2025.
Market Drivers
o High ROI and Low Price of Collaborative Robots Attracting SMEs
o Increasing Investments in Automation by Industries
o Improving Human-Machine Interface (HMI) and Rising Integration of AI to Imitate Human Behavior
o Strong government support to promote the use of factory automation solutions
Market Trend
o Technology Advancement of the Collaborative Robot
Restraints
o Lack of Capabilities Related to Faster Cycle Time and Repeatability
o High Overall Installation Cost for Low-Volume Production Applications
o Numerous Governments and Regulatory Bodies Have Come Up with Stringent Laws and Regulations
Opportunities
o Rising Demand from Emerging Economics Such as India, China and Others
o High Potential for Robot Installations in Many Countries
o Demand for High-Payload-Capacity Co-Bots
Challenges
o Addressing the Need to Safely Handle Industrial-Grade Operations
o Developing AI to Help Robots Make Better Decisions and Make them Safe for Humans
o Cybersecurity Threats and Rapid Technological Changes in Robotics
o Safety Standards Issues, and a Lack of a Skilled Workforce
o Limitation of Robots in Interacting With the Real World & Their Ability
The Global Collaborative Robots Market segments and Market Data Break Down are illuminated below:
by Application (Material handling, Small parts assembly, CNC machine tending, Molding operations, Test & inspection, gluing, Dispensing, Welding, Packaging & palletizing, Screw driving, Polishing, Others), Industry (Automotive, Electronics, Metals & Machining, Plastics & Polymers, Food & Beverages,, Healthcare), Payload Capacity (Up to 5 Kg, Between 5 and 10 Kg, Above 10 Kg), Component (Hardware, Sensors, Control System, Actuator, Software Services)
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Analyst at AMA have conducted special survey and have connected with opinion leaders and Industry experts from various region to minutely understand impact on growth as well as local reforms to fight the situation. A special chapter in the study presents Impact Analysis of COVID-19 on Collaborative Robots Market along with tables and graphs related to various country and segments showcasing impact on growth trends.
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Collaborative Robots Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Collaborative Robots market
Chapter 2: Exclusive Summary – the basic information of the Collaborative Robots Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Collaborative Robots
Chapter 4: Presenting the Collaborative Robots Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying market size by Type, End User and Region 2014-2019
Chapter 6: Evaluating the leading manufacturers of the Collaborative Robots market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2020-2025).
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Collaborative Robots Market is a valuable source of guidance for individuals and companies in decision framework.
Data Sources & Methodology
The primary sources involves the industry experts from the Global Collaborative Robots Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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o Assisting in allocating marketing investments
Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.
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