New York, July 28, 2022 (GLOBE NEWSWIRE) -- According to the report published by Next Move Strategy Consulting, the global collaborative robot (COBOT) market generated USD 700.1 million in 2021, and is projected to reach USD 1,990.2 million by 2030, registering a CAGR of 11.8% from 2022 to 2030. The research is a source of insights regarding changing market trends, drivers & opportunities, major segments, and competitive scenario. The research also outlines the market size & estimations along with analyzing leading market players in detail.
Offering a thorough analysis in more than 1,100 pages, the report aims to assist market players, investors, and stakeholders in availing necessary information and statistics represented through nearly 1,000 tables and around 1,000 figures. The report also analyzes the Covid-19 impact on the collaborative robot size.
Request a free sample: https://www.nextmsc.com/collaborative-robot-market/request-sample
| Report Coverage | Details |
| Forecast Period | 2022–2030 |
| Base Year | 2021 |
| Market Size in 2021 | USD 700.1 Million |
| Market Size in 2030 | USD 1,990.2 Million |
| CAGR | 11.8% |
| No. of Pages | 1143 |
| Tables | 994 |
| Figures | 985 |
| Segments covered | Payload, Component, Application, Industry, and Geography. |
| Drivers | Increase in adoption by small and medium enterprises (SMEs) and large enterprises for their low-cost and other numerous benefits |
| Rise in implementation in the finance sector to carry out monotonous functions | |
| Opportunities | The emergence of Industry 4.0 |
| Technological advancements |
The research offers extensive analysis of changing market dynamics with drivers, restraining factors, and opportunities of the global collaborative robot market. Increase in adoption by small and medium enterprises (SMEs) and large enterprises for their low-cost and other numerous benefits along with rise in implementation in the finance sector to carry out monotonous functions drive the growth of the market. On the other hand, limitations of collaborative robots regarding their speed and flexibility and scarcity of skilled workforce to handle them hinder the market growth.
Outlining the opportunities that are lying ahead for the global cobot market in the coming years, the Lead Analyst for the ICT & Media category at Next Move Strategy Consulting, stated, “The emergence of Industry 4.0 presents huge opportunities in the coming years for collaborative robot market. Moreover, technological advancements will create lucrative opportunities and raise adoption for cobots across various sectors.”
Buy this report directly from here: https://www.nextmsc.com/report/collaborative-robot-market
The report offers a comprehensive analysis of major segments and their sub-segments of the global collaborative robot market. The report presents statistics and data in tabular and graphical formats for offering a better understanding. The report analyzes major segments such as payload, component, application, industry, and geography.
Based on payload, the report sub-segments the market into 5kg, 6-10kg, and 11kg and above. By component, the research bifurcates the market into hardware and software. The hardware segment is further sub-segmented into robotic arm, drives, end effectors, sensors, controllers, motors, power supply, and others. Based on application, the report sub-divides the market into handling, assembling and disassembling, welding and soldering, and processing and dispensing. On the basis of industry type, the report further categorizes the market into electronics, food and beverages, automotive, metals and machining, furniture and equipment, and others.
Need a customized report, get in touch with us here: https://www.nextmsc.com/contact
Based on geography, the research sub-segments the market into North America, Europe, Asia-Pacific and RoW. As per the report, North America is estimated to maintain the highest contribution in terms of revenue during the forecast period. This is attributed to rise in surgeries in the region, surge in investments to accelerate robotics research, and supportive government initiatives. However, Asia-Pacific is projected to grow steadily over the forecast period, owing to rise in automation in sectors such as automotive, medical, and manufacturing, and surge in government investments to develop technologically-advanced robots.
The report also analyzes each region and its respective countries in terms of major segments and sub-segments. This analysis offers a detailed scenario of the market and helps market players in devising steps to be taken to raise the collaborative robot market share.
If you have any queries, you can enquire before purchasing: https://www.nextmsc.com/collaborative-robot-market/inquire-before-buying
The report highlights the competitive landscape of the global collaborative robot market. Leading market players analyzed in the report include ABB, Nachi Robot System, Yaskawa, Universal Robot, MRK- Systeme Gmbh, KUKA AG, FANUC, and AUBO robotics. These players are analyzed based on various parameters such as key strategies and developments, product portfolio, and business performance. They adopted the strategies such as new product launches, collaborations, partnerships, acquisitions, and others to gain a strong position in the global market.
Buy a full report here: https://www.nextmsc.com/report/collaborative-robot-market
Also, Browse Related Reports:
Packaging Robots Market by Product Type (SCARA Modular Robots, Articulated Modular Robots, Collaborative Modular Robots, Cartesian Modular Robots and Delta Robots), by Payload Capacity (less than 1 kg, between 1kg and 5kg, between 5kg and 10kg, between 10.1kg and 20kg, between 20.1kg and 30kg, between 30.1kg and 40kg, between 40.1kg and 60kg, between 60.1kg and 100kg, between 100.1kg and 150kg, between 150.1kg and 200kg, and more than 200kg), by Application (Beverages, Dairy Products, Meat Processing, Bakery & Confectionery, Fruit & Vegetables, Processed Food, Pharmaceuticals, Electronics, Personal Care, and Others), by Reach ( Less Than 1000 Mm, 1001 Mm To 1500 Mm, 1501 Mm To 2000 Mm, And More Than 2000 Mm) and by Packaging Type (Primary Packaging, Secondary Packaging and Tertiary Packaging)-Global Opportunity Analysis and Industry Forecast 2022-2030
Industrial Robotics Market by Type (Articulated Robots, Cylindrical Robots, Selective Compliant Assembly Robot Arm (SCARA) Robots, Cartesian Robots, and Other Types), by End user (Automotive, Electrical & Electronics, Chemical, Rubber & Plastics, Machinery, Metals, Food & Beverages, Precision & Optics, and Others), by Function (Soldering & Welding, Materials Handling, Assembling & Disassembling, Painting & Dispensing, Milling, Cutting & Processing, and Others) and Geography - Global Opportunity Analysis and Industry Forecast 2022-2030
Mobile Robotics Market by Product (UGV, AUV, and AUV), by Component (Hardware, Software, and Support & Service), Application (Logistics & Warehousing, Military & Defense, Healthcare, Domestic, Entertainment, Education, Agriculture & Forestry, and Others) - Global Opportunity Analysis and Industry Forecast, 2022–2030
About Us:
Next Move Strategy Consulting is a premier market research and management consulting firm that has been committed to provide strategically analyzed well documented latest research reports to its clients. The research industry is flooded with many firms to choose from, what makes Next Move different from the rest is its top quality research and the obsession of turning data into knowledge by dissecting every bits of it and providing fact-based research recommendation that is supported by information collected from over 500 million websites, paid databases, industry journals and one on one consultations with industry experts across a diverse range of industry sectors. The high quality customized research reports with actionable insights and excellent end-to-end customer service help our clients to take critical business decisions that enable them to move beyond time and have competitive edge in the industry.
We have been servicing over 1,000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solutions that range from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.
