Collaborative Robot (Cobot) Market to Reach Valuation of US $9770 Mn by 2025 – QY Research, Inc.

Global Collaborative Robot (Cobot) Industry report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.

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Los Angeles, CA -- (SBWire) -- 02/15/2019 --The global Collaborative Robot (Cobot) market is valued at 370 million US$ in 2018 is expected to reach 9770 million US$ by the end of 2025, growing at a CAGR of 50.4% during 2019-2025.

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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.

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 focuses on Collaborative Robot (Cobot) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Collaborative Robot (Cobot) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

Click to view Tables, Charts, Figures, TOC, and Companies Mentioned in the global Collaborative Robot (Cobot) market Report at- https://www.qyresearch.com/index/detail/964521/global-collaborative-robot-cobot-market

The following manufacturers are covered:

Universal Robots

Rethink Robotics

ABB

Fanuc

KUKA

Kawasaki

...

Segment by Regions

North America

Europe

China

Japan

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Segment by Type

Upto 5kg Cobot

5~10 kg Cobot

Above 10kg Cobot

Segment by Application

Automotive

Electronics

Metal and Machining

Plastic and Polymers

Food and Beverages

Others

Media Relations Contact

Rahul Singh
Director - Digital Marketing
QY Research,Inc
1-626-295-2442
https://www.qyresearch.com/index/detail/964521/global-collaborative-robot-cobot-market

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