Tue. Jun 15th, 2021

The global collaborative robot market is expected to grow from $981 million in 2020 to $7972 million in 2026. It is expected to grow at an average annual growth rate (CAGR) of 41% during 2020-2026. Unlike traditional industrial robots, collaborative robots (cobots) provide a fast ROI (6 months in most cases), benefiting both small and medium-sized businesses and large enterprises. This is one of the main drivers of adoption. Along with this, emerging companies offering low-cost cobots and their growing economics are driving more adoption in a variety of industries.

A full report of Collaborative Robot (Cobot) Market is available at: https://www.orionmarketreports.com/collaborative-robots-market/24177/ 

The major players covered in collaborative robot market report are ABB, Universal Robots, Nachi Robotic Systems, Inc, Rethink Robotics, KUKA AG, FANUC Corporation, Robert Bosch GmbH, Kawasaki Heavy Industries, Ltd, Precise Automation, Inc., MRK-Systeme Gmbh, Energid Technologies Corporation, F&P Robotics AG, Productive Robotics, Inc., MABI ROBOTIC AG, Quanta Storage Inc., Franka Emika GmbH, AUBO Robotics, Techman Robots, Stäubli International AG, YASKAWA ELECTRIC CORPORATION, Comau S.p.A., Teradyne Inc., Automatica Kassow Robots, Vecna, Robotiq Inc. and OMRON Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately. 

Collaborative Robot (Cobot) Market Segmentations   

 By Payload:

  • Up to 5 kg
  • 5–10 kg
  • More than 10 kg

By Component:

  • Hardware (Robotic Arm, End Effectors, Drives, Controllers, Sensors, Power Supply, Motors, and Others)
  • Software

By Application:

  • Handling (Pick and Place, Material Handling, Packaging and Palletizing, and Machine Tending)
  • Assembling and Disassembling (Screwdriving and Nut Fastening)
  • Welding and Soldering
  • Dispensing (Gluing and Painting)
  • Processing (Grinding, Milling, and Cutting)
  • Others (Inspection and Quality Testing and Die-casting and Molding)

By Industry:

  • Automotive
  • Electronics
  • Metals and Machining
  • Plastics and Polymers
  • Food & Beverages
  • Furniture and Equipment
  • Healthcare
  • Others

Reasons to Buying From us – 

  • We cover more than 15 major industries, further segmented into more than 90 sectors.
  • More than 120 countries are for analysis.
  • Over 100+ paid data sources mined for investigation.
  • Our expert research analysts answer all your questions before and after purchasing your report. 

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Collaborative Robot (Cobot) Market Report

  • What was the Collaborative Robot (Cobot) Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
  • What will be the CAGR of Collaborative Robot (Cobot) Market during the forecast period (2021-2027)?
  • Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
  • Which manufacturer/vendor/players in the Collaborative Robot (Cobot) Market was the market leader in 2018?
  • Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

 About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.  

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
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By mukati