High Investments from Automotive Industry in Collaborative Robot to Increase Efficiency, Says Meticulous Research®
Collaborative Robots Market by Component (Software, Hardware), Payload Capacity (Up to 5 Kg, between 5 & 10kg, above 10kg), Application (Assembly, Pick & Place, Material Handling), End Use Industry (Automotive, Electronics, Metals & Machining) and Geography-Global Forecast to 2025
Pune, India – June 29, 2019 /MarketersMedia/ —
Meticulous Research® – leading global market research company is researching on collaborative robots market titled “Collaborative Robots Market by Component (Software, Hardware), Payload Capacity (Up to 5 Kg, between 5 & 10kg, Above 10kg), Application (Assembly, Pick & Place, Material Handling), Industry (Automotive, Electronics, Metals & Machining) and Geography-Global Forecast to 2025”.
The use of the robot to automate high volume repetitive task is a common practice across the globe. In various industries, human effort in high volume repetitive workflows replaces with robots to reduce the cost and improve productivity. The various factors such as lack of available workers, increasing labor costs, shortening of the product cycle, and higher product mixes are driving the growth of the collaborative robots market across the globe. In addition, the rising need for greater automation flexibility, requirement to save floor space, and need to eliminate safety fences are further supporting the growth of the collaborative robots market.
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Pick and Place Application to Witness Largest Gains
Pick and place commanded the largest share of the collaborative robots market in 2018. The major share of this segment is due to its advantages such as easy loading/unloading operations, reduction in human involvement in picking and placing of bulk and heavy product, and timesaving (as these machines are faster than the human laborers).
Automotive Industry Dominates the Collaborative Robots Market
Automotive industry commanded the largest share of the collaborative robots market in 2018, owing to rising demand of co-bots to perform various repetitive and tedious task present in the automotive industry to increase the cost-effectiveness of the process. In addition, these robots are also used to perform other several crucial tasks such as pick and place, quality inspection, packaging and palletizing, machine tending, and material handling by offering a safe working environment in the automotive production.
Europe Dominates the Market, While Asia-Pacific leads the Growth
Europe commanded the largest share of the global collaborative robots market in 2018, followed by the Asia Pacific and North America. The major share of this region is mainly attributed to rising government support to promote the use of factory automation solutions. However, Asia-pacific region is projected to grow at a significant pace in the next few years, mainly due to rising demand for collaborative robots in emerging economies such as China, Japan, and South Korea, especially for industries including automotive, electronics, and metals and machining.
Key players
The report includes competitive landscape based on extensive assessment of the key strategic developments adopted by the leading market participants in the industry over the past 5 years (2015-2019). The key players operating in the global collaborative robots market are Universal Robots A/S (Denmark), ABB (Switzerland), Rethink Robotics GmbH (Germany), KUKA AG (China), FANUC CORPORATION (Japan), Robert Bosch GmbH (Germany), Precise Automation, Inc. (U.S.), MRK-Systeme GmbH (Germany), Energid Technologies Corporation (U.S.), F&P Robotics AG (Switzerland), Kawasaki Heavy Industries, Ltd. (Japan), Teradyne Inc. (U.S.), MABI Robotic AG (Switzerland), Quanta Storage Inc. (Taiwan), and HAHN Robotics GmbH (Germany).
Browse in depth report: https://www.meticulousresearch.com/product/collaborative-robots-market-5014/
Key Topics Covered in This Report:
1. Introduction
1.1. Market Definition
1.2. Scope of the Study
1.3. Market Ecosystem
1.4. Currency and Limitations
1.4.1. Currency
1.4.2. Limitations
1.5. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Size Estimation
2.1.4. Assumptions
3. Executive Summary
4. Market Insights
4.1. Introduction
4.2. Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Challenges
4.2.4 Opportunities
4.2.5 Trends
4.2 Market Share Analysis, by Key Player
4.3. Regulatory Analysis
5. Global Collaborative Robots Market, by Component
5.1. Introduction
5.2. Software
5.3. Hardware
5.3.1. Controller
5.3.2. End Effector
5.3.3. Drive
5.3.4. Sensor
5.3.5. Others
6. Global Collaborative Robots Market, by End-use Industry
6.1. Introduction
6.2. Automotive
6.3. Electronics
6.4. Metals and Machining
6.5. Plastics and Polymers
6.6. Food & Beverages
6.7. Furniture and Equipment
6.8. Healthcare
6.9. Others
7. Global Collaborative Robots Market, by Payload Capacity
7.1. Introduction
7.2. Up to 5 Kg
7.3. Between 5 and 10kg
7.4. Above 10kg
8. Global Collaborative Robots Market, by Application
8.1. Introduction
8.2. Assembly
8.3. Pick and Place
8.4. Material Handling
8.5. Packaging and Palletizing
8.6. Quality Testing
8.7. Machine Tending
8.8. Gluing and Welding
8.9. Others
9. Global Collaborative Robots Market, by Geography
9.1. Introduction
9.2. North America
9.2.1. Introduction
9.2.2. U.S.
9.2.3. Canada
9.2.4. Mexico
9.3. Europe
9.3.1. Introduction
9.3.2. U.K.
9.3.3. Germany
9.3.4. France
9.3.5. Rest of Europe
9.4. Asia Pacific
9.4.1. Introduction
9.4.2. Japan
9.4.3. China
9.4.4. India
9.4.5. South Korea
9.4.6. Australia and New Zealand
9.4.7. Rest of Asia Pacific
9.5. Rest of World
9.5.1. Introduction
9.5.2. Latin America
9.5.2.1. Introduction
9.5.2.2. Brazil
9.5.2.3. Argentina
9.5.2.4. Rest of Latin America (RoLATAM)
9.5.3. Middle East and Africa
10. Competitive Landscape
10.1. Introduction
10.2. New Product Launches & Upgradation
10.3. Mergers, Expansions, and Acquisitions
10.4. Agreements, Partnerships, and Collaborations
11. Company Profiles (Business Overview, Financial Overview, Product & Service Portfolio, Strategic Developments)
11.1. Universal Robots A/S
11.2. ABB
11.3. Rethink Robotics GmbH
11.4. KUKA AG
11.5. FANUC CORPORATION
11.6. Robert Bosch GmbH
11.7. Precise Automation, Inc.
11.8. MRK-Systeme GmbH
11.9. Energid Technologies Corporation
11.10. F&P Robotics AG
11.11. Kawasaki Heavy Industries, Ltd.
11.12. Teradyne Inc.
11.13. MABI Robotic AG
11.14. Quanta Storage Inc.
11.15. HAHN Robotics GmbH
11.16. Robert Bosch Manufacturing Solutions GmbH
12. Appendix
12.1 Questionnaire
12.2. Available Customization
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Organization: Meticulous Market Research Pvt. Ltd.
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Website: https://www.meticulousresearch.com/product/collaborative-robots-market-5014/
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