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An increase in the adoption of collaborative robots in manufacturing and increasing investments in industrial automation are expected to drive the growth of the collaborative robot market
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Collaborative Robot Market Growing at
a CAGR of 35.5% During the Forecast
Period 2021-2026
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Segmentation of the Report
By Payload Capacity: By Application: By End Use Industry:
Up to 5 Kg Pick and Place Automotive
Between 5 and 10 Kg Packaging and Palletizing Semiconductor & Electronics
Above 10 Kg Material Handling Food & Beverages
Quality Testing Aerospace
Machine Tending Plastics and Polymers
Welding
Assembly
Collaborative Robot Market
Summery
An increase in the adoption of collaborative robots in manufacturing and increasing investments in industrial automation are expected to drive the growth of the collaborative robot market
The global collaborative robot market was valued at USD XX million in 2018 and is expected to reach USD XX million by 2026, growing at a CAGR of 35.5% during the forecast period.
Key Findings:
Based on the payload capacity, the collaborative robot with up to 5 kg payload capacity segment accounted for the largest market size in the global collaborative robot market in 2018.
Based on applications, the pick and place application segment accounted for the largest share in the global market in 2018.
Based on the end-use industry, the automotive industry accounted for the largest share in the global collaborative robot market in 2018. Collaborative robots are used to execute a wide range of tasks, starting from pick and place, material handling, quality inspection, and assembling, to packaging in the automotive industry.
Europe accounted for nearly 35% share of the global market in 2018.
Collaborative Robot Market: Key Vendors
• Universal Robots
• FANUC
• Robert Bosch GmbH
• Rethink Robotics
• KUKA AG
• Precise Automation
• Yaskawa Electric Corporation
• Techman Robot
• AUBO Robotics
• MRK-Systeme GmbH
Major Regions Covered in Report
Regional Overview & Analysis of Collaborative Robot Market:
North America (US and Canada)
Europe (UK, Germany, France and Rest of Europe)
Asia Pacific (China, Japan, India and Rest of Asia Pacific)
Latin America (Brazil, Mexico and Rest of Latin America)
Middle East & Africa (GCC and Rest of Middle East & Africa)
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Key Highlights of Collaborative Robot Market Report Overview of key market forces boosting and restraining market growth
Up-to-date analyses of market trends and technological improvements
Pin-point analyses of market competition to offer you a competitive edge
Major competitors strategies analysis
SWOT analysis of major industry segments
Detailed analyses of Collaborative Robot market trends
An appropriately defined technological growth map with Covid19 impact analysis
A clear understanding of the competitive landscape and key product segments
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