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(Wireless-NewsWire.Com, May 18, 2018 ) Collaborative robots are a fragment of service robots that are majorly used in material handling, manufacturing and labs. Burgeoning demand for further flexibility in factories and particularly in manufacturing sector, where the humans and robots have already begun to work in harmony resulting in growth of collaborative robot’s market growth. Global collaborative robots market is expected to grow from US$ 420.4 Mn in 2017 to US$ 8,979.3 million by 2025 at a CAGR of 46.8% between 2018 and 2025.
The report focuses on an in-depth segmentation of this market based by payload, application and end-user industry. The geographic segmentation of the report covers six major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By end-user segment electronics industry is expected to grow at a prime CAGR during the forecast period of 2018-2025; whereas, Asia Pacific region is expected to grow at the highest CAGR during the forecast period.
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The report aims to provide an overview of global collaborative robots market with detailed market segmentation. Also, it analyzes the current collaborative robots market scenario and forecasts the market till 2025. The report covers market dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provide PEST analysis of all five regions along with the SWOT analysis for all company profiled in the report.
The presence of strong manufacturing base in APAC countries including China, Taiwan, and South Korea coupled with initiatives taken by governments such as “Made in China 2025” and “Make in India” among others to strengthen the manufacturing sector, are the factors propelling the market growth in the APAC region. Further, the robust presence of automotive as well electronics industry in the region, is further expected to propel the market growth. The APAC region is expected to lead the market with highest CAGR during the forecast period. Some of the key players of the market includes ABB, Robert Bosch, KuKa Ag, Aubo Robotics, Fanuc, Rethink Robotics, Precise Automation, Inc., Universal Robots, Yasakawa Electric Corporation, TECHMAN Robots and Kawasaki Heavy Industries, Ltd., among others.
The List of companies
1. ABB
2. Robert Bosch
3. KuKa Ag
4. Aubo Robotics
5. Fanuc
6. Rethink Robotics
7. Precise Automation, Inc.
8. Universal Robots
9. Yasakawa Electric Corporation
10. TECHMAN Robots
11. Kawasaki Heavy Industries, Ltd.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global collaborative robot’s market
– Highlights key business priorities in order to assist companies to realign their business strategies
– The key findings and recommendations highlight crucial progressive industry trends in the collaborative robot’s market, thereby allowing players across the value chain to develop effective long term strategies
– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
– Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.
5 Global Collaborative Robots Market – Key Market Dynamics 37
5.1 Key Market Drivers 37
5.1.1 Government support for the development and deployment of robotics 37
5.1.2 Rapid Expansion in Manufacturing Industry 38
5.1.3 Rising effort to humanize the collaborative robots 39
5.2 Key Market Restraints 39
5.2.1 Relatively slow production rate 39
5.3 Key Market Opporunities 39
5.3.1 Widespread adoption of industrial automation in diverse industries 39
5.4 Future Trends 40
5.4.1 Advancement in robotics industry 40
5.5 Impact Analysis of Drivers and Restraints 41
6 Collaborative Robots Market – Global 42
6.1 Global Collaborative Robots Market Overview 42
6.2 Global Collaborative Robots Market Forecast and Analysis 42
7 Global Collaborative Robots Market Analysis – By Payload 45
7.1 Overview 45
7.2 Up to 5 Kg Market 46
7.2.1 Overview 46
7.2.2 Global Up to 5 Kg Market Revenue and Forecasts to 2025 (US$ Mn) 46
7.3 5 – 10 Kg Market 47
7.3.1 Overview 47
7.3.2 Global 5 – 10 Kg Market Revenue and Forecasts to 2025 (US$ Mn) 47
7.4 Above 10 Kg 48
7.4.1 Overview 48
7.4.2 Global Above 10 Kg Market Revenue and Forecasts to 2025 (US$ Mn) 48
8 Global Collaborative Robots Market Analysis – By Application 49
8.1 Overview 49
8.2 Material Handling Market 50
8.2.1 Overview 50
8.2.2 Global Material Handling Market Revenue and Forecasts to 2025 (US$ Mn) 50
8.3 Assembly Market 51
8.3.1 Overview 51
8.3.2 Global Assembly Market Revenue and Forecasts to 2025 (US$ Mn) 51
8.4 Pick & Place 52
8.4.1 Overview 52
8.4.2 Global Pick & Place Market Revenue and Forecasts to 2025 (US$ Mn) 52
8.5 Quality Testing 53
8.5.1 Overview 53
8.5.2 Global Quality Testing Market Revenue and Forecasts to 2025 (US$ Mn) 53
8.6 Packaging 54
8.6.1 Overview 54
8.6.2 Global Packaging Market Revenue and Forecasts to 2025 (US$ Mn) 54
8.7 Machine Tending 55
8.7.1 Overview 55
8.7.2 Global Machine Tending Market Revenue and Forecasts to 2025 (US$ Mn) 55
8.8 Welding 56
8.8.1 Overview 56
8.8.2 Global Welding Market Revenue and Forecasts to 2025 (US$ Mn) 56
8.9 Others 57
8.9.1 Overview 57
8.9.2 Global Others Market Revenue and Forecasts to 2025 (US$ Mn) 57
9 Global Collaborative Robots Market Analysis – By End-user Industry 58
9.1 Overview 58
9.2 Automotive 59
9.2.1 Overview 59
9.2.2 Global Automotive Market Revenue and Forecasts to 2025 (US$ Mn) 59
9.3 Metal & Machinery 61
9.3.1 Overview 61
9.3.2 Global Metal & Machinery Market Revenue and Forecasts to 2025 (US$ Mn) 61
9.4 Electronics 63
9.4.1 Overview 63
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Sameer Joshi
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sam@theinsightpartners.com
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