Cobots Market Analysis: Opportunities and Challenges | Emergen Research

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Cobots Market Size – USD 680.3 Million in 2019, Market Growth - CAGR of 38.5%, Market Trends –Growing demand for cobots in the wake of COVID-19 pandemic

Global Cobots Market

The latest report titled ‘Global Cobots Market,’ published by Emergen Research, provides the reader with a comprehensive view of the global Cobots industry, acquainting them with the latest market trends, industry insights, and market share. The report provides an in-depth investigation of the global market, largely focusing on each segment and sub-segment of the Cobots market. The market forecasts included in the report are performed by our team of experts and are of great significance as they provide deep insights into various crucial industry parameters. These facts and figures help readers evaluate the global market growth, production, and consumption rates, volatility in demand and product prices, and upcoming market trends over the projected period. The market research report contains significant details on the global Cobots market value based on market dynamics and various growth factors. It scrutinizes several key aspects of the market, including the latest technological innovations in the industry, ongoing trends, and developmental opportunities. One of the most vital components of the report is the SWOT analysis, coupled with a detailed overview of the market’s competitive landscape.

The global cobots Market is expected to reach USD 9342.8 Million by 2027, according to a new report by Emergen Research. Cobots or Collaborative robots are revolutionizing the human-robot interactions in various end-user industries, including automotive manufacturing, electronics, food beverage, plastics polymers, furniture equipment, healthcare, and logistics industries, among others. Cobots help by functioning side-by-side the human workforce, thereby reducing cost, time, and floor space when compared to traditional robots. Cobots find extensive usage in applications that require precision and helps in achieving a faster return on investment (ROI). For instance, the Franka Emika Panda cobot can perform its operations with a precision of 0.1 mm, as well as its does not stray from its activities and will continuously function with the specified constraints such as in case of the task associated screw tightening, cobots will always accomplish it with the identical pressure and tension ascertaining quality consistency.

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However, the report takes into account the current COVID-19 impact on the global economy and this particular business sector. The global Cobots market growth has been extensively hampered by the current economic situation triggered by the COVID-19 pandemic. The pandemic has led to some devastating effects on the global economy, besides disrupting the functioning of the Cobots industry. It offers an exhaustive analysis of the present and future effects of the pandemic on this business sphere. Moreover, the adverse effects of the coronavirus pandemic on the global Cobots market, as well as its fundamental segments, have also been elucidated in this report.

Market Overview:

The report bifurcates the Cobots market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Cobots Market Segmentation:

  • Payload Capacity Outlook (Revenue, USD Billion; 2017-2027)

    • Less than 5 Kg
    • 5 Kg to 10 Kg
    • Above 10 Kg
  • Application Outlook (Revenue, USD Billion; 2017-2027)

    • Handling
    • Assembling Disassembling
    • Dispensing
    • Welding Soldering
    • Processing
    • Others
  • End Users Outlook (Revenue, USD Billion; 2017-2027)

    • Automotive
    • Electronics
    • Plastics Polymers
    • Furniture Equipment
    • Metals Machining
    • Food Beverages
    • Healthcare
    • Others

Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

The report also discusses the key players involved in the market such as

FANUC, Aubo Robotics, Universal Robots, Yaskawa, KUKA, Techman Robot, Precise Automation, ABB, Rethink Robotics, and Doosan Robotics

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Key Reasons to Buy This Report:

  • The report presents a thorough examination of the Cobots market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
  • The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
  • The report is inclusive of an in-depth study of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and effective business tactics.
  • The report further identifies the key regions and segments dominating the market. These regions are foreseen to register fast-paced growth over the forecast duration.

Regional Landscape section of the Cobots report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/cobots-market

Research Report on the Cobots Market Addresses the Following Key Questions:

  • Who are the dominant players of the Cobots Market Demand?
  • Which regional market is anticipated to have a high growth rate over the projected period?
  • What consumer trends and demands are expected to influence the operations of the market players in the Cobots Market Forecast?
  • What are the key growth drivers and restraining factors of the Cobots Market Growth?
  • What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
  • What is the overall impact of the COVID-19 pandemic on the Cobots market and its key segments?

Highlights of Table of Contents (TOC):

  • Overview of Global Cobots Market
  • Competitive analysis of the Cobots market
  • Regional analysis of Global Cobots market production and revenue
  • Regional analysis of Global Cobots market supply, consumption, and export import
  • Type-based market analysis of global Cobots production, revenue, and price trends
  • Application-based analysis of the global Cobots market
  • Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Cobots market
  • Global Cobots market forecast (2020-2027)
  • Conclusion of the research report
  • Appendix

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

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