Cobots Companies: How Collaborative Robots are Transforming Industries

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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

A Global Cobots Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Cobots industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Cobots market, this study covers qualitative and quantitative aspects of the Cobots market.

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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It focuses on the recent mergers acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.

What Questions Should You Ask before Buying a Market Research Report?

  • How is the Cobots market evolving?
  • What is driving and restraining the Cobots market?
  • Will leading Cobots markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
  • Who are the leading players and what are their prospects over the forecast period?
  • What are the Cobots projects for these leading companies?
  • Is there a greater need for product commercialisation to further scale the Cobots market?
  • Where is the Cobots market heading and how can you ensure you are at the forefront of the market?
  • What are the best investment options for new product and service lines?
  • What are the key prospects for moving companies into a new growth path and C-suite?

The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market. 

Regional Analysis Covers:

  • 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)

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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

Key Companies Profiled in the Report are:

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

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

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Additional information offered by the report:

  • Along with a complete overview of the global Cobots market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
  • The report elaborates on the global Cobots market size and share governed by the major geographies.
  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
  • It further presents a detailed description of the company profiles of the key market contenders.

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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About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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