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    Home > Research Reports > Future Market Insights Revises Collaborative Robots Market Forecast, as COVID-19 Pandemic Continues to Expand Quickly
    Research Reports

    Future Market Insights Revises Collaborative Robots Market Forecast, as COVID-19 Pandemic Continues to Expand Quickly

    Future Market Insights Revises Collaborative Robots Market Forecast, as COVID-19 Pandemic Continues to Expand Quickly

    Published by mark itwired

    Posted on August 17, 2021

    Featured image for article about Research Reports

    Collaborative Robot Market: Introduction

    A collaborative robot is designed to interact with humans within a
    defined safeguarded space. The collaborative robots are employed in
    places having immense work load and where there is need of repetitive
    and tedious applications with accuracy and precision. The collaborative
    robot is easy to install & operate and it is affordable as compared
    to conventional industrial robots. Additionally, the collaborative robot
    helps to improve the efficiency of a process and unmatched cost
    reduction. The collaborative robot is used by various end-use industries
    including automotive, food & beverage, electric & electronics,
    pharmaceuticals, metal & machinery, etc. Among these, the automotive
    industry is the early adopter of collaborative robots.

    Collaborative Robot Market: Dynamics

    Drivers

    The growing end-use industries such as automotive, pharmaceuticals,
    and food & beverages, among others both in developed and emerging
    economies is projected to be a prime factor driving the growth of the
    collaborative robot market during the forecast period. Moreover,
    increasing market penetration of collaborative robots across various
    applications is also expected to propel the growth of the collaborative
    robot market in the coming future. That apart, collaborative robots help
    to increase the productivity in a workplace, which is a factor expected
    to fuel the demand for collaborative robot during the forecast period.
    Furthermore, collaborative robot performs flexible operations and
    require minimal infrastructure. This also is expected to support the
    growth of the collaborative robot market over the forecast period.

    Request Report Sample@https://www.futuremarketinsights.com/reports/sample/rep-gb-8641

    Restraints

    Lack of commercialization of collaborative robot is projected to be a
    prime factor expected to restrain the growth of the market over the
    forecast period. Moreover, lack of capabilities pertaining to fast cycle
    times is also projected to hamper the growth of the collaborative robot
    market in the coming future.

    Opportunities

    Increasing demand for collaborative robot with high payload capacity
    coupled with increasing number of automation-driven industries in
    emerging economies is expected to create immense growth opportunities
    for manufacturers of collaborative robots over the forecast period.

    Collaborative Robot Market: Segmentation

    The global collaborative robot market can be segmented on the basis of payload capacity, application, and end-use industry.

    On the basis of payload capacity, the global collaborative robot market is segmented as:

    • Up to 5 Kg
    • 5 to 10 Kg
    • Above 10 Kg

    On the basis of application, the global collaborative robot market is segmented as:

    • CNC Machine
    • Polishing
    • Test & Inspection
    • Pick & Place
    • Molding Operations
    • Small Parts Handling
    • Material Handling
    • Screw Driving

    For any queries linked with the report, ask an analyst@https://www.futuremarketinsights.com/ask-question/rep-gb-8641

    On the basis of end-user industry, the global collaborative robot market is segmented as:

    • Automotive
    • Aerospace & Defense
    • Pharmaceutical
    • Food & Beverages
    • Metal & Machinery
    • Plastic & Polymer
    • Electrical and Electronic

    Collaborative Robot Market: Regional Outlook

    The global collaborative robot market is directly reliant on the
    demand from the end-use industry across geographies. There demand for
    collaborative robot is expected to grow significantly in Europe. The
    market in Europe is estimated to hold dominate share in the global
    collaborative robot market owing to strong government support to endorse
    industrial automation solutions. Additionally, Western Europe and
    Eastern Europe, collectively account more than 20.0% share of the global
    automotive production, and Germany is estimated to be the leading
    automobile and automotive market in the Western Europe. Europe is
    projected to be followed by North America and the Asia Pacific. The
    market in the Asia Pacific is predicted to grow at a hefty CAGR over the
    forecast period, due to increasing demand for collaborative robot in
    Japan, China, and South Korea. The market in Latin America is expected
    to witness hefty growth during the forecast period.

    Collaborative Robot Market: Participants

    Examples of some of the key players identified across the value chain
    of the global collaborative robot market include ABB Group (ABB
    Robotics), Robert Bosch GmbH (Bosch Rexroth AG), DENSO WAVE
    INCORPORATED, AUBO Robotics, KUKA AG, Precise Automation, Inc., Seiko
    Epson Corporation, Techman Robots, Yaskawa Electric Corporation,
    Universal Robots A/S, and Fanuc Corporation, among others.

    The collaborative robot report presents a comprehensive assessment of
    the market and contains thoughtful insights, facts, historical data,
    and statistically supported and industry-validated market data. It also
    contains projections using a suitable set of assumptions and
    methodologies. The research report provides analysis and information
    according to market segments such as geography, application, sales
    channel, and end user.

    Buy Report@https://www.futuremarketinsights.com/checkout/8641

    The collaborative robot report covers exhaustive analysis on:

    • Market Segments
    • Market Dynamics
    • Market Size
    • Supply & Demand
    • Current Trends/Issues/Challenges
    • Competition & Companies Involved
    • Technology
    • Value Chain

    Regional analysis includes:

    • North America (U.S., Canada)
    • Latin America (Mexico, Brazil)
    • Western Europe (Germany, Italy, France, U.K, Spain)
    • Eastern Europe (Poland, Russia)
    • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
    • Japan
    • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

    The collaborative robot report is a compilation of first-hand
    information, qualitative and quantitative assessment by industry
    analysts, and inputs from industry experts and industry participants
    across the value chain. The report provides in-depth analysis of parent
    market trends, macro-economic indicators, and governing factors, along
    with market attractiveness as per segment. The report also maps the
    qualitative impact of various market factors on market segments and
    geographies.

    Collaborative Robot Report Highlights:

    • Detailed overview of parent market
    • Changing market dynamics in the industry
    • In-depth market segmentation
    • Historical, current, and projected market size in terms of volume and value
    • Recent industry trends and developments
    • Competitive landscape
    • Strategies of key players and products offered
    • Potential and niche segments, geographical regions exhibiting promising growth
    • A neutral perspective on market performance
    • Must-have information for market players to sustain and enhance their market footprint

    About FMI 

    Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers. 

    Contact 

    Mr. Abhishek Budholiya
    Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
    Jumeirah Lakes Towers, Dubai,
    United Arab Emirates
    MARKET ACCESS DMCC Initiative
    For Sales Enquiries: sales@futuremarketinsights.com
    For Media Enquiries: press@futuremarketinsights.com 

    Collaborative Robot Market: Introduction

    A collaborative robot is designed to interact with humans within a
    defined safeguarded space. The collaborative robots are employed in
    places having immense work load and where there is need of repetitive
    and tedious applications with accuracy and precision. The collaborative
    robot is easy to install & operate and it is affordable as compared
    to conventional industrial robots. Additionally, the collaborative robot
    helps to improve the efficiency of a process and unmatched cost
    reduction. The collaborative robot is used by various end-use industries
    including automotive, food & beverage, electric & electronics,
    pharmaceuticals, metal & machinery, etc. Among these, the automotive
    industry is the early adopter of collaborative robots.

    Collaborative Robot Market: Dynamics

    Drivers

    The growing end-use industries such as automotive, pharmaceuticals,
    and food & beverages, among others both in developed and emerging
    economies is projected to be a prime factor driving the growth of the
    collaborative robot market during the forecast period. Moreover,
    increasing market penetration of collaborative robots across various
    applications is also expected to propel the growth of the collaborative
    robot market in the coming future. That apart, collaborative robots help
    to increase the productivity in a workplace, which is a factor expected
    to fuel the demand for collaborative robot during the forecast period.
    Furthermore, collaborative robot performs flexible operations and
    require minimal infrastructure. This also is expected to support the
    growth of the collaborative robot market over the forecast period.

    Request Report Sample@https://www.futuremarketinsights.com/reports/sample/rep-gb-8641

    Restraints

    Lack of commercialization of collaborative robot is projected to be a
    prime factor expected to restrain the growth of the market over the
    forecast period. Moreover, lack of capabilities pertaining to fast cycle
    times is also projected to hamper the growth of the collaborative robot
    market in the coming future.

    Opportunities

    Increasing demand for collaborative robot with high payload capacity
    coupled with increasing number of automation-driven industries in
    emerging economies is expected to create immense growth opportunities
    for manufacturers of collaborative robots over the forecast period.

    Collaborative Robot Market: Segmentation

    The global collaborative robot market can be segmented on the basis of payload capacity, application, and end-use industry.

    On the basis of payload capacity, the global collaborative robot market is segmented as:

    • Up to 5 Kg
    • 5 to 10 Kg
    • Above 10 Kg

    On the basis of application, the global collaborative robot market is segmented as:

    • CNC Machine
    • Polishing
    • Test & Inspection
    • Pick & Place
    • Molding Operations
    • Small Parts Handling
    • Material Handling
    • Screw Driving

    For any queries linked with the report, ask an analyst@https://www.futuremarketinsights.com/ask-question/rep-gb-8641

    On the basis of end-user industry, the global collaborative robot market is segmented as:

    • Automotive
    • Aerospace & Defense
    • Pharmaceutical
    • Food & Beverages
    • Metal & Machinery
    • Plastic & Polymer
    • Electrical and Electronic

    Collaborative Robot Market: Regional Outlook

    The global collaborative robot market is directly reliant on the
    demand from the end-use industry across geographies. There demand for
    collaborative robot is expected to grow significantly in Europe. The
    market in Europe is estimated to hold dominate share in the global
    collaborative robot market owing to strong government support to endorse
    industrial automation solutions. Additionally, Western Europe and
    Eastern Europe, collectively account more than 20.0% share of the global
    automotive production, and Germany is estimated to be the leading
    automobile and automotive market in the Western Europe. Europe is
    projected to be followed by North America and the Asia Pacific. The
    market in the Asia Pacific is predicted to grow at a hefty CAGR over the
    forecast period, due to increasing demand for collaborative robot in
    Japan, China, and South Korea. The market in Latin America is expected
    to witness hefty growth during the forecast period.

    Collaborative Robot Market: Participants

    Examples of some of the key players identified across the value chain
    of the global collaborative robot market include ABB Group (ABB
    Robotics), Robert Bosch GmbH (Bosch Rexroth AG), DENSO WAVE
    INCORPORATED, AUBO Robotics, KUKA AG, Precise Automation, Inc., Seiko
    Epson Corporation, Techman Robots, Yaskawa Electric Corporation,
    Universal Robots A/S, and Fanuc Corporation, among others.

    The collaborative robot report presents a comprehensive assessment of
    the market and contains thoughtful insights, facts, historical data,
    and statistically supported and industry-validated market data. It also
    contains projections using a suitable set of assumptions and
    methodologies. The research report provides analysis and information
    according to market segments such as geography, application, sales
    channel, and end user.

    Buy Report@https://www.futuremarketinsights.com/checkout/8641

    The collaborative robot report covers exhaustive analysis on:

    • Market Segments
    • Market Dynamics
    • Market Size
    • Supply & Demand
    • Current Trends/Issues/Challenges
    • Competition & Companies Involved
    • Technology
    • Value Chain

    Regional analysis includes:

    • North America (U.S., Canada)
    • Latin America (Mexico, Brazil)
    • Western Europe (Germany, Italy, France, U.K, Spain)
    • Eastern Europe (Poland, Russia)
    • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
    • Japan
    • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

    The collaborative robot report is a compilation of first-hand
    information, qualitative and quantitative assessment by industry
    analysts, and inputs from industry experts and industry participants
    across the value chain. The report provides in-depth analysis of parent
    market trends, macro-economic indicators, and governing factors, along
    with market attractiveness as per segment. The report also maps the
    qualitative impact of various market factors on market segments and
    geographies.

    Collaborative Robot Report Highlights:

    • Detailed overview of parent market
    • Changing market dynamics in the industry
    • In-depth market segmentation
    • Historical, current, and projected market size in terms of volume and value
    • Recent industry trends and developments
    • Competitive landscape
    • Strategies of key players and products offered
    • Potential and niche segments, geographical regions exhibiting promising growth
    • A neutral perspective on market performance
    • Must-have information for market players to sustain and enhance their market footprint

    About FMI 

    Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers. 

    Contact 

    Mr. Abhishek Budholiya
    Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
    Jumeirah Lakes Towers, Dubai,
    United Arab Emirates
    MARKET ACCESS DMCC Initiative
    For Sales Enquiries: sales@futuremarketinsights.com
    For Media Enquiries: press@futuremarketinsights.com 

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