Email
Password
Remember meForgot password?
    Log in with Twitter
Press Release

Collaborative Robots Market Is Supposed to Grow at a Cagr of 52.4% and Reached at a 17100 Million Usd by the End of 2025

This press release was orginally distributed by SBWire

Los Angeles, CA -- (SBWIRE) -- 08/14/2019 -- 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.

The continuous development in the automation industry is expected to boost the growth of the global collaborative robot market in the coming years. The safety of these robots has increased their demand in various end-user industries are they can perfectly work in tandem with the human workforce.

Collaborative robots 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 robots is profoundly dependent on increase in automation industry. Universal Robots accounted for 47.60%of the global collaborative robots sales market share in 2016. Other players accounted for 18.41%, 12.30% including ABB and Rethink Robotics.

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. Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

The global Collaborative Robots market was 590 million US$ in 2018 and is expected to 17100 million US$ by the end of 2025, growing at a CAGR of 52.4% between 2019 and 2025. This report studies the Collaborative Robots 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.

Get Sample PDF template of this report
https://www.qyresearch.com/sample-form/form/1086147/global-collaborative-robots-market

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Collaborative Robots 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)

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

5~10 kg

Above 10kg

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

Automotive

Electronics

Metal and Machining

Plastic and Polymers

Get Customized template of this report
https://www.qyresearch.com/customize-request/form/1086147/global-collaborative-robots-market

About QYResearch
QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become the brand of quality assurance in consulting industry.

For more information on this press release visit: http://www.sbwire.com/press-releases/collaborative-robots-market-is-supposed-to-grow-at-a-cagr-of-524-and-reached-at-a-17100-million-usd-by-the-end-of-2025-1256105.htm

Media Relations Contact

Rahul Singh
Director - Digital Marketing
QYResearch Inc.
Telephone: 1-626-295-2442
Email: Click to Email Rahul Singh
Web: https://www.qyresearch.com/index/detail/1086147/global-collaborative-robots-market

Latest News
Top News