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(Wireless-NewsWire.Com, September 21, 2018 ) Latest market study on "Collaborative Robots Market to 2025 by Payload (Up to 5 Kg, 5-10 Kg, and Above 10 Kg), Application (Assembly, Material Handling, Pick & Place, Quality Testing, Packaging, Machine Tending, and Welding) and End-user Industry (Automotive, Metal & Machinery, Electronics, Pharmaceuticals, Plastic & Polymers, and Food & Beverage) - Global Analysis and Forecast?, the collaborative robot market is estimated to reach US$ 8979.3 Mn by 2025 from US$ 420.4 Mn in 2017. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
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Top Key Players in Market
1. ABB
2. Robert Bosch
3. KuKa Ag
4. Aubo Robotics
5. Fanuc
6. Rethink Robotics
7. Precise Automation, Inc.
8. Universal Robots
9. Yasakawa Electric Corporation
10. TECHMAN Robots
11. Kawasaki Heavy Industries, Ltd.
The report focuses on an in-depth segmentation of this market based by payload, application and end-user industry. The geographic segmentation of the report covers six major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By end-user segment electronics industry is expected to grow at a prime CAGR during the forecast period of 2018-2025; whereas, Asia Pacific region is expected to grow at the highest CAGR during the forecast period.
The report aims to provide an overview of global collaborative robots market with detailed market segmentation. Also, it analyzes the current collaborative robots market scenario and forecasts the market till 2025. The report covers market dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provide PEST analysis of all five regions along with the SWOT analysis for all company profiled in the report.
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The report focuses on an in-depth segmentation of this market based by payload, application and end-user industry. The geographic segmentation of the report covers six major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By end-user segment electronics industry is expected to grow at a prime CAGR during the forecast period of 2018-2025; whereas, Asia Pacific region is expected to grow at the highest CAGR during the forecast period.
There has been constant development in collaborative robotics industry. Recently, FANUC., has introduced a collaborative robot, which is a CR-4iA collaborative robot equipped with iRVision to pick a product from a bin and present it to visitors. The visitor may stop the robot by tapping on its side, and then with a simple push of a button, the robot will return to picking product from a bin. Also, another leading player Kawasaki Heavy Industries, Ltd. released RS007N and RS007L, in response to rising demand for compact robots in the electronics and food industries.
Some of the leading collaborative robots market players are ABB, Robert Bosch, KuKa Ag, Aubo Robotics, Fanuc, Rethink Robotics, Precise Automation, Inc., Universal Robots, Yasakawa Electric Corporation, TECHMAN Robots and Kawasaki Heavy Industries, Ltd., among others.
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