Collaborative Robot Market by Payload Capacity (Up to 5kg, Up to 10kg, and Above 10kg), and Application (Assembly, Pick & Place, Handling, Packaging, Quality Testing, Machine Tending, Gluing & Welding, and Others), Industry (Automotive, Food & beverage, Furniture & Equipment, Plastic & Polymer, Metal & Machinery, Electronics, and Pharmaceutical.) - Global Opportunity Analysis and Industry Forecast, 2019-2026
|
A04328
|
Pages: NA
|
Mar 2020 |
722 Views
|
|
|
|
Author(s) :
NA
|
Tables: NA
|
Charts: NA
|
Formats*:
|
|
A cobot or collaborative robot (co-robot) is a robot intended to physically interact with humans in a shared workspace. Collaborative robot acts as a guide or assistor to assist a person in a specific task. The force-limited joint is the unique feature of collaborative robot which is designed to identify forces due to impact and respond quickly.
The robots offer advanced industrial automation solutions to end-user industries and provide a one-stop solution for a safe working environment. The low price of co-robots with high return on investment is projected to drive the growth of the collaborative robot market. However, collaborative robots need frequent software upgradation and reprogramming to perform a specified task which restrict the growth of the collaborative market. Moreover, the increased efficiency in deployment of collaborative robot for enhanced productivity and strong government funding for factory automation solutions are the factors expected to offer lucrative opportunities in future.
Apart from the drivers, the increase in development of automotive sectors and growth of industrial automation also prove beneficial for collaborative robots. Advances in smart, connected, and digital world spur the demand for collaborative robots during the forecast period.
Collaborative robots are being adopted in several industries for various tasks, due to their flexibility as well as safe, easy usage, and affordable price. They are less expensive than the traditional industrial robots but they have a very low return on investment (ROI) as they are easier to install without disturbing the manufacturing process of the factory. Collaborative robots are well accepted by workers, and their ability to handle repetitive tasks reduces the need of an expert programmer.
The Universal Robot company stated that the collaborative robots are used in various applications in the industries such as food & agriculture, pharmaceutic & medical, electronic & technology, and automotive & subcontractor to automate virtually anything, from assembly to painting, from screw-driving to labeling, from packing to polishing, from injection molding to welding. In consumer electronic sector, the devices that are manufactured need a process of automation for creating circuit boards, final assembly applications, inserting parts into injection moldings, metal stamping, and numerous other CNC operations. These processes require a great deal of flexibility, precision, and speed for the effective operation of the overall automated process. As electronics companies install collaborative robots, they find more interesting and important work for their employees. Many employees are ready to accept their new roles in less dangerous and monotonous jobs. In some companies, there is a modest safety training session that is conducted for the employees working near these robots. These factors create a positive impact on the overall collaborative robot market.
The growth of collaborative robot for industrial purpose is supported by the government of South Korea due to its ability to manufacture a mass production in limited time and high accuracy. In 2017, Japan funded $30 million for a robot revolution by identifying the future of its country. Moreover, the ministry of South Korea is planning to increase robot demand by using more service robots in the public sector. Thus, the development of smart factories for productive robot is estimated to create huge opportunities for the collaborative robot market in future.
The collaborative robots market is segmented based on payload capacity, industry, application, and region. The payload capacity segment includes up to 5kg, up to 10kg, and above 10kg. Based on application, it is segregated into assembly, pick & place, handling, packaging, quality testing, machine tending, gluing & welding and others. The industry segment is classified into automotive, food & beverage, furniture & equipment, plastic & polymers, metal & machinery, electronics, and pharmaceutical. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and Latin America and Middle East (LAMEA).
The key players operating in the global collaborative robot market are Rethink Robots, Universal Robots, MRK-Systeme GmbH, F&P Personal Robotics, Bosch, ABB, MABI Robotic, Fanuc, Smokie Robotics, Kuka Robot Group, Kawada Industries.
Key Benefits
- The report includes an in-depth analysis of different segments and provides market estimations between 2017 and 2025.
- Porters five forces model illustrates the potency of buyers & sellers, which is estimated to assist the market players to adopt effective strategies.
- The key market players are profiled to gain an understanding of the strategies adopted by them.
- This report provides a detailed analysis of the current trends and future estimations from 2017 to 2025, which helps identify the prevailing market opportunities.
Collaborative Robot Market Key Segments:
By Payload Capacity
- Up to 5kg
- Up to 10kg
- above 10kg
By Application
- Assembly
- Pick & Place
- Handling
- Packaging
- Quality Testing
- Machine Tending
- Gluing & Welding
- Others
By Industry
- Automotive
- Food & Beverage
- Furniture & Equipment
- Plastic & Polymers
- Metal & Machinery
- Electronics
- Pharmaceutical
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Russia
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
REQUEST TOC/SAMPLE
Purchase Full Report of
Collaborative Robot Market- Global Opportunity Analysis and Industry Forecast, 2019-2026
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Single User
-
$5,370$4,833 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Library Membership
- $0.00
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. Subscription @ $699 T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.