Robotic automation has revolutionized the manufacturing sector and is aiming to expand its reach to various other industries. Collaborative Robots Market are gradually becoming a trend in the robotics sector due to development in motion control technology. Cobots enabled with motion control systems are capable of carrying out industrial tasks with greater accuracy making them highly desirable among industrial sector. A major trend in the healthcare industry is the adoption of UR5 cobot, manufactured by Universal Robots, a Danish collaborative robot manufacturer. The UR5 Collaborative Robots Market along with human supervision performs handling and sorting of blood samples at the Copenhagen University Hospital in Gentofte, Denmark. Cobots are deployed in hospitals to monitor patients vital statistics, send alerts to nurses, enter information into the patient electronic health records, undertaking simple tasks such as drawing blood, dispense medications, and move objects in the surroundings. Key market players in the collaborative robot market are investing in integrating artificial intelligence, and machine learning with cobots that drives the market growth.
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The prominent players in the collaborative robots market are ABB (Switzerland), KUKA AG (US), FANUC Corporation (Japan), Robert Bosch GmbH (Germany), Universal Robots A/S (Denmark), Rethink Robotics (US), MRK-Systeme GmbH (Germany), Precise Automation, Inc. (US), Energid Technologies Corporation (US), F&P Robotics AG (Switzerland), MABI AG (Switzerland), Universal Robots (Denmark), Techman Robot (Taiwan), YASKAWA Electric Corporation (Japan) and KAWADA Robotics Corporation (Japan).
Collaborative robots market study aims at different segments such as payload, type, components, application, vertical, regions, and estimating market growth across these segments.
- By payload, the market is segmented into up to 5kg, 5kg to 10 kg, and above 10 kg.
- By type, the market is segmented into safety monitored stop, speed & separation, power & force limiting, and hand guiding.
- By component, the market is segmented into controllers, drives, sensors, end effectors, and others.
- By application, the market is segmented into pick and place, handling, packaging and palettization, assembling, quality testing, machine testing, welding and gluing and others.
- By vertical, the market is segmented into automotive, electronics & semiconductor, manufacturing, metals & mining, food & beverages, healthcare, aerospace and others.
- By region, the market is segmented into North America, Europe, Asia-Pacific, and the rest of the world.
The global market for Collaborative Robots Market is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of collaborative robots market is studied for North America, Europe, Asia-Pacific, and the the rest of the world. Europe accounted for the largest market share for collaborative robots due to growing penetration of factory automation solutions, government initiatives supporting Industry 4.0 drive, and adoption of Collaborative Robots Market in manufacturing and automobile sectors. Furthermore, developed countries such as Germany, the UK, and France are deploying cobots in various industry verticals such as automotive, electronics & semiconductor, manufacturing, metals & mining, food & beverage, healthcare, and aerospace fueling the market growth in this region. Another major factor that triggers the market growth is the presence of key market players in this region such as ABB, Robert Bosch GmbH, KUKA AG and MRK-Systeme GmbH. North America holds the second largest market share in the collaborative robots market due to growing penetration of Collaborative Robots Market in countries such as the US, Canada, and Mexico. Asia-Pacific collaborative market is expected to grow at a higher rate due to this region witnessing growing demand for automation in countries such as China, Japan, and India.
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- Collaborative robot providers
- Collaborative robot’s accessories providers
- Collaborative robot’s software providers
- Collaborative robot’s assembly providers
- Government organizations
- Robotics companies
- Collaborative robot suppliers and distributors
- Collaborative robot vendors
- Robot manufacturers
Table of Contents
1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
List of Tables
Table 1 Global Collaborative Robot Market, by Region, 2018–2023
Table 2 North America: Collaborative Robot Market, by Country, 2018–2023
Table 3 Europe: Collaborative Robot Market by Country, 2018–2023
Table 4 Asia-Pacific: Collaborative Robot Market, By Country, 2018–2023
Table 5 Rest of The World: Collaborative Robot Market, By Country, 2018–2023
List of Figures
Figure 1 Global Collaborative Robot Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis of Global Collaborative Robot Market
Figure 4 Value Chain of Global Collaborative Robot Market
Figure 5 Share of Global Collaborative Robot Market In 2017, By Country (In %)
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