Los Angeles, CA -- (SBWIRE) -- 04/12/2019 -- Collaborative robot (Cobots) is a robot intended to physically interact with humans in a shared workspace. In addition, a collaborative robot is less bulky and much easier to operate than other equipment when loads between 50 and 100 kilos must be handled. This is in contrast with other robots, designed to operate autonomously or with limited guidance, which is what most industrial robots were up until the decade of the 2010s. Cobots can have many roles — from autonomous robots capable of working together with humans in an office environment that can ask you for help, to industrial robots having their protective guards removed as they can react to a human presence under EN ISO 10218 or RSA BSR/T15.1.

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According to QYR study, the global revenue of Collaborative Robot (Cobot) was valued at 373.3 million USD in 2017, rising demand from safety and continuous development in the automation industry, and the global revenue of Collaborative Robot (Cobot) is forecast to reach 9767.8 million USD by the end of 2025.

Collaborative Robot (Cobot) are popular due to their high return on investment and low overall cost, attracting many small and medium sized enterprises (SMEs). Global manufactures mainly distributed in Europe, North America, Japan. Demand for Collaborative Robot (Cobot) is profoundly dependent on increase in automation industry. Universal Robots accounted for 58.04% of the global Collaborative Robot (Cobot) sales market share in 2017. Other players accounted for 12.70%, 12.59% including ABB and Kawasaki.

This report studies the Collaborative Robot (Cobot) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Collaborative Robot (Cobot) in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)

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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include:

Universal Robots
Rethink Robotics
ABB
Fanuc
KUKA
Kawasaki

By the product type, the market is primarily split into:

Upto 5kg Cobot
5~10 kg Cobot
Above 10kg Cobot

By the end users/application, this report covers the following segments:

Automotive
Electronics
Metal and Machining
Plastic and Polymers
Food and Beverages
Others

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