Collaborative Robots Market Report 2016-2024: Global Industry Forecast, Analysis, & Trends

New York, USA,2018-Jul-21 — /EPR Network/ —According to Goldstein Research, global collaborative robots market is expected to reach USD 6.84 billion by 2024from USD 0.79 billion in 2016, growing at a CAGR of 44.72% over the forecast period 2016-2024. Rising investment in industrial automation and higher return is driving the demand for collaborative robots globally. Global collaborative robots market segmentation has been carried out on the basis of play load capacity type, application type and end-user type.

Collaborative robots with payload capacity above 10kg are projected to witness noteworthy growth, owing to its high efficiency in pick and place application. Global collaborative robots market is dominated by Europe, followed by North America and Asia-Pacific. Growing implementation of collaborative robots in material handling & packaging, quality testing, welding and others is increasing the annual shipments of industrial collaborative robots in Europe. Germany occupied the largest share of Europe collaborative robots market in 2016.

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Market Segmentation

On the basis of our in-depth analysis, Global Collaborative Robots Market can be segmented as follows:

Based on Pay Load Capacity

  • Up to 5 Kg
  • Up to 10 Kg
  • Above 10 Kg

Based on Application

  • Handling Robots
  • Packaging Robots
  • Pick and Place Robots
  • Quality Testing Robots
  • Welding Robots
  • Others( Gluing, Machine Tending) Robots

Based on End-User

  • Automotive
  • Metal and Machining
  • Furniture and Home Equipment
  • Food and Beverages
  • Electronics & Technology
  • Plastic and Polymers
  • Others (Pharma & Chemistry)

By Region

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

 Global Collaborative Robots Market Outlook 2024 contains the detailed overview of the global collaborative robots market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by payload capacity type, by application type and by end-user type.

Further, for the in-depth analysis,  Collaborative Robots Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This industry analysis report also includes competitive outlook of some of the major players profiling of companies such as Robert Bosch GmbH, ABB Ltd., FANUC Corporation, etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global collaborative robots market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts.

Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on industrial automation industry reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

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sales@goldsteinresearch.com

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