The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product's types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
New York, NY -- (SBWIRE) -- 10/08/2018 -- The global Collaborative Robots market is valued at 590 million US$ in 2017 and will reach 17100 million US$ by the end of 2025, growing at a CAGR of 52.4% during 2018-2025.
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.
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- Upto 5kg
- 5~10 kg
- Above 10kg
By Application, the market can be split into
- Automotive
- Electronics
- Metal and Machining
- Plastic and Polymers
- Food and Beverages
- Others
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The major players covered in this report
- Universal Robots
- Rethink Robotics
- ABB
- Fanuc
- KUKA
- Kawasaki
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
- North America
- United States
- Canada
- Mexico
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
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Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
- To define, describe and forecast the market by type, application and region.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Collaborative Robots are as follows:
- History Year: 2013-2017
- Base Year: 2017
- Estimated Year: 2018
- Forecast Year 2018 to 2025
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