Increasing ease of programming collaborative bots is driving adoption

Increasing ease of programming collaborative bots is driving adoption

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Global Collaborative Robotics (Cobot) Market

Global Collaborative Robotics (Cobot) Market

Global Collaborative Robotics (Cobot) Market

DUBLIN, Nov. 23, 2022 (GLOBE NEWSWIRE) — The Collaborative Robot (Cobot) Market by Component, Payload (Up to 5kg, 5-10kg, and Over 10kg), Application (Handling, Processing), Industry (Automotive, Electronics, Healthcare, Furniture & Equipment) and Geography – Global Forecast until 2028 The report has been added to ResearchAndMarkets.com Show.

The global collaborative robotics (COBOT) market is expected to grow from USD 1.1 billion in 2022 to USD 9.2 billion by 2028, at a CAGR of 41.5% during the forecast period of 2022 to 2028. The growth of this market is attributed to Factors such as a higher return on investment than a traditional industrial robotic system, collaborative bots to benefit businesses of all sizes, increasing ease of programming collaborative bots, and increased demand in the e-commerce and logistics industries due to the COVID-19 emergency.

The United States captured the largest market share in the cooperative market in North America in 2021

The United States captured 73%, by value, of the North American cooperative market in 2021. The country is expected to have the largest share during the forecast period as well. The United States has the largest manufacturing sector in North America. The rise of industrial automation across Mexico and the widening rift between skilled workforce and wages are forcing organizations to adopt cost-effective automation tools, which will boost demand for collaborative bots. They are used in large industries such as automobiles and small industries such as furniture and equipment. The increasing use of collaborative robots has also given rise to emerging collaborative robotics companies such as Productive Robotics, Inc. (US) and Rethink Robotics GmbH (US).

Report the main benefits of buying:

  • This report includes statistics for the Collaborative Robots (cobot) market based on type, component, payload, application, industry, and geography, along with their respective market sizes.

  • The value chain analysis and key industry trends of the market were provided.

  • The key drivers, restraints, opportunities, and challenges of the Collaborative Robot (Cobot) market are provided in detail in this report.

  • This report will help the stakeholders to better understand their competitors and gain more insights to enhance their position in the market. The competitive landscape section includes the competitor ecosystem and recent development strategies adopted by key market players, such as product launches/development, contracts/collaborations/agreements/acquisitions.

Market dynamics

drivers

  • High return on investment compared to traditional industrial robotic systems

  • Increased demand for e-commerce and logistics industries due to COVID-19

  • Provide benefits to businesses of all sizes

  • Increasing the ease of programming collaborative bots

restrictions

opportunities

  • Provide a significant market opportunity when paired with AMRs and AGVs

  • The Bots-as-a-Service model to accelerate the adoption of collaborative bots

  • High demand for automation in the healthcare industry post-COVID-19

challenges

Main topics covered:

1 Introduction

2 research methodology

3 executive summary

4 distinct insights

5 market overview

6 Collaborative Robot Market (Cobot), via Payload

7 Collaborative Robot (Cobot) Market, by Component

8 Android market collaborative, by application

9 Collaborative Robot Market, By Industry

10 geographical analysis

11 Collaborative human-robot operating environment

12 Cobots and IoT Integration

13 Competitive landscape

14 company profiles

15 Appendix

mentioned companies

  • ABB

  • Aubo (Beijing) Robotics Technology Co., Ltd. Ltd.

  • Bosch Rexroth AG

  • Kumao Spa

  • Denso Corporation

  • Doosan Robotics Inc.

  • Elephant robots

  • Elite bot

  • F&P Robotics AG

  • Fanuc Corporation

  • Franka Emika GmbH

  • Hanwha Corporation

  • Caso robots

  • Kuka AG

  • Mipp robots

  • Neura Robotics GmbH

  • Omron Adept Technology, Inc.

  • Robotics Production, LLC

  • Rethink Robotics GmbH

  • Siasun Robot & Automation Co., Ltd. Ltd.

  • Staubli International AG

  • Techman Robot Inc.

  • Universal Robots A/S

  • Wizo

  • Yaskawa Electric Company

For more information on this report visit https://www.researchandmarkets.com/r/bknrxr

Attached

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