Collaborative Robots Market 2019
Collaborative robot (Cobots) is a robot intended to physically interact with humans in a shared workspace. In addition, a collaborative robot is less bulky and much easier to operate than other equipment when loads between 50 and 100 kilos must be handled. This is in contrast with other robots, designed to operate autonomously or with limited guidance, which is what most industrial robots were up until the decade of the 2010s. Cobots can have many roles from autonomous robots capable of working together with humans in an office environment that can ask you for help, to industrial robots having their protective guards removed as they can react to a human presence under EN ISO 10218 or RSA BSR/T15.1.The continuous development in the automation industry is expected to boost the growth of the global collaborative robot market in the coming years. The safety of these robots has increased their demand in various end-user industries are they can perfectly work in tandem with the human workforce.
Collaborative Robots is expected to grow at a CAGR of roughly 57.7% over the next five years, will reach 9080 million US$ in 2024, from 590 million US$ in 2019
A new business intelligence report released by Market Research with title “Global Collaborative Robots market Research Report 2019” that targets and provides comprehensive market analysis with prospects to 2024. The analysts of the study have acquired extensive research methodologies and data sources (i.e. Secondary & Primary Sources) in order to generate collective and useful information that delivers latest market undercurrents and industry trends.
Scope of the Report :
Collaborative robots are popular due to their high return on investment and low overall cost, attracting many small and medium sized enterprises (SMEs). Global manufactures mainly distributed in Europe, North America, Japan. Demand for collaborative robots is profoundly dependent on increase in automation industry. Universal Robots accounted for 47.60%of the global collaborative robots sales market share in 2016. Other players accounted for 18.41%, 12.30% including ABB and Rethink Robotics.The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant products types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
If you are involved in the Global Collaborative Robots industry or intend to be, then this study will provide you comprehensive outlook. It’s vital you keep your market knowledge up to date segmented by major players. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports, we can provide customization according to your requirement.
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The report evaluates the global Collaborative Robots market size, share, and growth rate and also provides an accurate projection for similar facets by thoroughly studying historic as well as current status of the market. The report presents market analysis based on revenue and sales volume. It also allows for gaining comprehensive acumen in upcoming business opportunities, obstacles, threats, and hindering factors in the market.
Additionally, the report discusses provincial trade frameworks, entry barriers, and varying economic structures.
Besides, the report sheds light on the significant evaluation of leading contenders who have been performing in the market to satisfy the desired needs and anticipations of end-users. The report offers in-depth insights into leading market players, alongside their corporate and organizational profiles, financial details, manufacturing methodologies, and so forth. Statistical details in terms of revenue, sales volume, profit margin, and CAGR have been included in the report. Additionally, the report comprises recent strategic and tactical moves that help to form their own lucrative business stratagem and make profound business decisions.
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This report categorizes the market based on manufacturers, regions, type and application.
Thorough assessment of leading manufacturers including their profiles, pricing structure, and product specifications of Collaborative Robots Market: Universal Robots, Rethink Robotics, ABB, Fanuc, KUKA, Kawasaki
Major Type as follows – Upto 5kg, 5~10 kg, Above 10kg
Major applications as follows – Automotive, Electronics, Metal and Machining, Plastic and Polymers, Food and Beverages, Others
Market Segment by Regions – North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Moreover, the report presents industry overview in a portrayed view to offer a wide acuity of the global Collaborative Robots market. It also provides a detailed analysis based on a competitive landscape that aids a reader to obtain a thorough perception of competitive advantages, contender’s missions, core values, and niche markets. It also highlights how the Collaborative Robots market is associated with its peer and parent market. Further, the report illuminates its impacts on the international economy throughout the period between 2019 and 2025.
The Global Collaborative Robots Market Report Enfolds:
• Extensive delineation of Collaborative Robots industry overview.
• Cardinal synopsis of every leading contender performing in the global Collaborative Robots market.
• Statistical assessment of Collaborative Robots market size, share, revenue, growth rate, and sales volume.
• Precise details based on Collaborative Robots market segmentation.
• Valuable information on the changing-pricing structure.
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