Collaborative Industrial Robot Market to See Stunning Growth by 2030 – Talking Democrat

Collaborative industrial robots represent a new area of ​​the growing industrial robotics market. Advances in technology have made applications of collaborative robots (cobots or co-bots) a reality in many manufacturing plants. This emerging market is expected to grow exponentially, with annual growth in sales and hardware and software sales of more than 42% per year through 2022. With the benefits of increased flexibility, production efficiency improved and reduced operating costs, industrial cobots have been deployed to help the human workforce and keep manufacturers competitive in global markets.

Global Collaborative Industrial Robots Market 2016-2022 by End User, Application and Region examines the Global Industrial Cobots Market through a comprehensive summary and analysis from premium sources of information. Based on the examination of global economic environments and trends of various manufacturing industries (as they are end users of industrial robots), this report provides in-depth and detailed analysis of the market structure, market trends, market forces and market segments (by end user, by application and by region). In most of the analysis, historical statistics as well as market outlook cover the period 2014-2022 in terms of unit shipments as well as sales revenue generated by industrial cobot hardware and software. The report also includes the current competitive scenario and profiles of key vendors/players.
Qualitative market analyzes include identification and discussion of market structure, market overview, growth drivers, restraints and challenges, emerging market trends/opportunities, Porter’s Fiver strengths as well as the M&A landscape and fundraising trend.

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On the basis of end-user, the market is broadly segmented into automotive industry, electrical and electronics industry, machinery, metallurgical industry, chemical industry, rubber and plastics, food and beverage industry, and other industrial sectors. The automotive industry has been the largest consumer of newly ordered industrial cobots.

Based on application, the market is segmented into material handling, assembly, distribution, and welding, among others. Material handling represents the largest application among all uses of collaborative robots in industrial manufacturing.

Geographically, the global market is segmented into North America, Europe, Asia-Pacific, Latin America, and Rest of the World (RoW). Specific analysis and forecasts for the period 2014-2022 have been covered for important national markets such as the United States, China, Japan, Germany, South Korea and Mexico. The APAC region leads the global industrial cobot market in terms of sales volume as well as annual revenue, followed by Europe and North America. The greatest potential for growth also exists in the vast APAC market in the future, with China and Southeast Asian countries expected to be the main drivers of growth.

The major challenges of industrial collaborative robots are security issues, increasingly strict regulatory barriers, and the low penetration and acceptance rates of industrial cobots. Moreover, adding new features and improving loading capacity and speed while keeping cobots low price and safety will surely be a challenge for collaborative robot manufacturers.

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Highlighted by 5 tables and 107 figures, this 200-page report saves clients significant time from researching the global market, and provides valuable insights and in-depth understanding of emerging market trends, which are needed to take with you. successful critical business decisions, identify and expand business opportunities in the global industry.

Key players:
ABB
KUKKA
Rethinking robotics
Universal Robots
Fanuc
Expert technology
Biker Yaskawa
F&P Personal Robotics
Robotnik Automation SLL
Scape Technologies A/S

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Mavis R. Bernier