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Detailed examination of the collaborative robots market report forecasts healthy growth by 2022

The global collaborative robots market report offers in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, forecasts, key players, and premium trends. It also focuses on the key drivers and opportunities in this market.

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According to the report, “Collaborative Robots Market, by Payload Capacity (Above 10 Kg, Upto 10 Kg, Upto 5 Kg), Operational Environment (Speed & Separation Monitoring, Hand Guiding, Power & Force Limiting Safety-Rated Monitored Stop), Application (Gluing & Welding, Packaging, Assembly, Place & Pick, Machine Tending, Quality Testing), Components (Software, Hardware), and Industry (Pharmaceuticals & Chemistry, Metals & Machining, Automotive, Food & Beverage, Plastic & Polymer, Electronics & Consumer Goods, Furniture & Equipment) - Global Revenue, Trends, Growth, Share, Size and Forecast to 2022”, the global collaborative robots market is expected to grow at an impressive CAGR during the forecast period.

North America will witness the fastest growth in the collaborative robots market during the forecast. The Asia-Pacific region is also expected to witness a rapid rise in the growth rate, due to the growth in the number of manufacturing plants in the countries like China, India, and Thailand.

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Key findings of the report:

  • The strong rise in the investment costs in the automotive industries and the low prices of the collaborative robots are expected to boost the growth of the global collaborative robots market during the forecast period.
  • The high potential for the installation of the robots across many countries are expected to create potential growth opportunities for the collaborative robots market in the coming years.
  • The technological advancements and the demand for the robots that are capable of carrying high payloads are also highlighted as some of the major drivers for the collaborative robots market during the forecast period.

The collaborative robots market report segments the global market by payload capacity, operational environment, applications, components, industries, and the major geographic regions.

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The payload capacity segment is sub-segmented into up to 5kg, u to 10 kg, and above 10 kg.

By operational environment, the global market is sub-segmented into hand guiding, speed & separation monitoring, and the power & force limiting safety-rated monitored stop. The applications of the collaborative robots are sub-segmented into packaging, gluing & welding, place & pack, assembly, quality testing, and machine trending.

The Components of the collaborative robots market are sub-categorized into hardware and software. The industrial verticals are categorized into metals & machining, plastic & polymer, pharmaceuticals & chemistry, electronics & consumer goods, food & beverages, furniture & equipment, and automotive.

The collaborative robots market report includes information about the following key players:

  • Robert Bosch GmbH
  • Kuka Ag
  • Mrk-Systems GmbH
  • Universal Robots A/S
  • ABB
  • Fanuc Corporation
  • Rethinnk Robotics, Inc.
  • F&P Robotics AG
  • Precise Automation, Inc.
  • Energid Technologies Corporation

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