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Collaborative Robot (Cobot) Market Is Expected to Grow at a CAGR 51.4% over the Next Five Years

 

Albany, NY -- (SBWIRE) -- 04/11/2019 -- Collaborative robot (Cobots) is a robot intended to physically interact with humans in a shared workspace. In addition, a collaborative robot is less bulky and much easier to operate than other equipment when loads between 50 and 100 kilos must be handled. This is in contrast with other robots, designed to operate autonomously or with limited guidance, which is what most industrial robots were up until the decade of the 2010s. Cobots can have many roles from autonomous robots capable of working together with humans in an office environment that can ask you for help, to industrial robots having their protective guards removed as they can react to a human presence under EN ISO 10218 or RSA BSR/T15.1.

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Scope of the Report:
According to QYR study, the global revenue of Collaborative Robot (Cobot) was valued at 373.3 million USD in 2017, rising demand from safety and continuous development in the automation industry, and the global revenue of Collaborative Robot (Cobot) is forecast to reach 9767.8 million USD by the end of 2025.
Collaborative Robot (Cobot) are popular due to their high return on investment and low overall cost, attracting many small and medium sized enterprises (SMEs). Global manufactures mainly distributed in Europe, North America, Japan. Demand for Collaborative Robot (Cobot) is profoundly dependent on increase in automation industry. Universal Robots accounted for 58.04% of the global Collaborative Robot (Cobot) sales market share in 2017. Other players accounted for 12.70%, 12.59% including ABB and Kawasaki.
The worldwide market for Collaborative Robot (Cobot) is expected to grow at a CAGR of roughly 51.4% over the next five years, will reach 4500 million US$ in 2024, from 370 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Collaborative Robot (Cobot) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Collaborative Robot (Cobot) Market Segment by Manufacturers, this report covers
Universal Robots
Rethink Robotics
ABB
Fanuc
KUKA
Kawasaki

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Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Upto 5kg Cobot
5~10 kg Cobot
Above 10kg Cobot

Market Segment by Applications, can be divided into
Automotive
Electronics
Metal and Machining
Plastic and Polymers
Food and Beverages
Others

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Collaborative Robot (Cobot) product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Collaborative Robot (Cobot), with price, sales, revenue and global market share of Collaborative Robot (Cobot) in 2017 and 2018.
Chapter 3, the Collaborative Robot (Cobot) competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Collaborative Robot (Cobot) breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Collaborative Robot (Cobot) market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Collaborative Robot (Cobot) sales channel, distributors, customers, research findings and conclusion, appendix and data source.

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