#Artificial Intelligence (AI) in Collaborative Robotic (Cobots) Systems Market size

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Artificial Intelligence (AI) in Collaborative Robotic (Cobots) Systems Market - Forecast(2024 - 2030)

AI in Cobots Market Overview

The global AI in cobots market in 2021 reached $118.2 million and is estimated to grow at a CAGR of 34.22% during the forecast period to reach $616.3 million by 2027. The entire robotics industry is witnessing the effects of Covid-19 pandemic, with strain felt on the supply chain restricting parts of imports and equipment exports in H1 2021 especially. The overall economic uncertainty also pushed majority of customers to defer purchases in order to conserve capital. Recent advancements in Machine Learning and human robot interaction have enabled collaborative robots to precisely execute tasks in dynamically changing workspaces, enabling operations and material handling to run more smoothly, efficiently and productively. AI is now intelligently powering cobots by leveraging billions of hours of iterative machine learned practices in manufacturing, production and engineering. Collaborative robots (cobots) represent a variant of industrial robots and is currently considered to be one of the fastest growing segments in industrial automation driven by improved technology such as virtual assistants, cloud computing, internet of things. A cobot is a type of robot that is designed to operate alongside humans in shared workspaces. These machines are easy to program and deploy, can increase productivity manifold, and offer high returns on investment.

Report Coverage

The report: “AI in Cobots Market – Forecast (2022-2027)”, by IndustryARC covers an in-depth analysis of the following segments of the AI in Cobots market

By Payload: Up to 5 Kg, 5 to 10 Kg, Above 10 Kg. By Application: Handling, Assembling/Disassembling, Welding and Soldering, Dispensing, Packaging and Others. By End User: Automotive, Electronics, Semiconductor, Plastics and Polymer, Food and Beverage, Healthcare, Metals and Machining and others. By Geography: North America (U.S, Canada, Mexico), South America (Brazil, Argentina and others), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC (China, Japan India, SK, Aus and Others), and RoW (Middle east and Africa).

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Key Takeaways

Group PSA’s Sochaux plant in France has chosen Universal Robots UR10 for its "Plant of the Future" Project. Two UR10 cobots have been implemented at the Sochaux plant in screw driving applications on body-in-white assembly lines to increase performance and reduce production costs at the factory.

In 2019, Walmart has planned to invest $2.7 billion to add new robots totaling almost 4,000 robots in its stores and facilities in order to shift human workforce to customer service roles. The robots are majorly used for scanning, sorting goods from delivery trucks. This is set to create opportunities for AI in cobots in retail sector.

AI in Cobots Market Segment Analysis – By Application

Material Handling had a major share in the AI in Cobots Market with a value share of approximately 22.3% in 2021. Material handling is one of the major applications of industrial robots. Robots in material handling segment are used in applications such as movement of goods, protection, storage and control of products throughout manufacturing as well as warehousing of the products. Any industries that need to store, receive, dispatch or ship its products always entail industrial robot. Manufacturing and Warehouse operations involving handling of goods becomes complex when it takes place at a larger scale. This is made easy and efficient with the aid of industrial robots. Material handling robots are majorly used in warehousing applications as compared to its counterpart. Material handling applications that benefit from the incorporation of AI cobots encompass picking, packing, palletizing, sorting, and more. The wide-ranging use of these applications makes them a more site-specific solution for safety implementation. Operators and other workers are often moving or transporting other materials around the AI cobot, requiring additional planning to avoid hazardous contact. Safety-rated grippers are rare in the market at the present time. Currently, manufacturers typically use pneumatic grippers, which require safety considerations for impacts and the loss of power or suction. Uses of bar code, RFID, voice-activated receiving and packaging, pick-to-light technology, transportation management system is some of the drifts observed by material handling robots. Cycle counting, annual, physical and perpetual are few approaches of keeping a track of inventory.

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AI in Cobots Market Segment Analysis – By End User

Among industries, automotive held the largest share in 2021 at 23.2%. The industry development of AI cobots is ongoing in several different areas. Faster reaction time, more exact movement patterns, orientation capabilities, capabilities in imitating humans – all these aspects contribute to advancements in AI driven cobot development. In addition, brain-computer interfaces is an exciting area that has made significant progress recently. In recent developments in technologies such as linked data, parallel processing, edge computing and distributed artificial intelligence allow for efficient decision making by cobots, making execution robust and efficient. A challenge with the market deployment of AI cobots is that insufficient technology maturity hinders the market deployment of cobots. AI Cobot technology includes hardware design, sensors and actuators, efficient information processing, video processing, planning and multiple of fields from artificial intelligence landscapes, along with technologies that ensure safety, predictability and security of the solution. There is currently a need for high amount of signaling, bandwidth, low latency, and fast decision-making capabilities through efficient computing for AI driven cobots in safety-critical environments, wherein the facilities do not need human intervention. While the automation industry was affected during the pandemic, the longterm outlook for automation is positive, as end users evaluate their reliance on overseas supply chains and reevaluate their operations in a world where a pandemic can stop production cold. Automation is hence being looked upon as a valuable bulwark against the risks laid bare during the pandemic, and this can act as a strong growth driver for AI driven cobots and robots in industrial automation end user verticals.

AI in Cobots Market Segment Analysis – By Geography

Geographically, APAC held major share of 37% of AI in cobots market share in 2021, owing to high adoption of automation technologies in industrial and automotive warehouses and increasing investments and funding. North America is the next largest market with 33% revenue share in 2021. South America is witnessing the fastest growth rate with a CAGR of around 46.6% during the forecast period 2022 – 2027 owing to high investments and growing deployment of automation technology mainly in the countries such as Brazil, Argentina and Colombia. Portuguese company MOV.AI has announced in October, 2020 that it has raised $4m in funding. The company has designed its ROS for manufacturers of cobots, as well as academics and automation integrators. It also contributes to the ROS community. Some of the robots with AI enabled are YuMi from ABB, Franka Emika Panda, APAS from Bosch, Aura, Aubo, NEXTAGE and CORO etc.

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AI in Cobots Market Drivers

Growing demand for automation and technological advancements set to drive the AI In Collaborative Robotics Market

There has been significant growth in AI driven collaborative robotics market owing to the increased demand for automation, high competition in the e-commerce industry, and the advancement in technologies such as Internet of Things (IoT) and Artificial Intelligence (AI). The use of robots reduces the risk of injury to workforce has also witnessed growth. Integration of robots with artificial intelligence (AI) and machine vision technology has been assisting companies in obstacle detection, navigation, movement of the goods. This has been attracting vendors in automating the warehouses and installing the robots in warehouse, thereby driving the collaborative robotics market. In 2019, Geek Plus Robotics, an intelligent logistics robot solution provider had launched the world’s first interweaving sorting robot, which could be an alternative to conveyor systems. Mobile Industrial Robots (MiR), a leading manufacturer of collaborative mobile robots launched a new warehouse robot to automate the transportation of pallets and heavy goods across warehouses. Development of new robots for various applications of warehouses set to boost the demand of collaborative robotics market.

Growth in E-Commerce Sector

E-Commerce industry is rising at global level of retail and logistics. As a result, growing number of e-commerce companies look forward to automate warehouses. Warehouse robots play a key role in e-commerce industry for various applications such as automated storage and retrieval, picking and placing, order fulfillment operations and many others. Adoption of warehouse cobots by e-commerce companies helps in reducing operational and logistical costs and save on delivery time. This has been increasing automation in warehouses in order to deliver goods to shoppers in faster and more efficient ways by increasing productivity of supply chain. In developed countries such as the U.S., and Canada, Grocery retailers are focusing on deploying robots that bring the shelf stacks to human workers, who pick out the right products and package them up to be sent out. These robots travel with high speed, faster than humans, thereby increasing efficiency of the work. In 2019, Amazon had introduced new warehouse cobots in several of its U.S. warehouses that scan and pack items to be sent to customers. It has started using robots in warehouses, which scans goods coming down a conveyor belt raising the scope of adoption. In 2020 Covariant.ai launched its AI robots and solutions through its warehouse bin-picking robots which is being used by companies such as Knapp, a warehouse logistics company and Obeta, a German electronics retailer. As per estimates, around 2,000 AI powered robots have been deployed across warehouses globally.

AI in Cobots Market Challenges

High Initial Investment

The initial cost of AI driven collaborative robots that are used in factories are high as the cost of automation is much higher in comparison with labor costs. This prevents most companies from completely automating their operations with robots. The average selling prices of cobots vary from $25,000 to $50,000 and does not include the installation costs. In addition to this, there is a training cost associated with the robots that further restricts the operators’ likeability for integrating robots into their operating lines. Slow deployment of collaborative robotic systems by smaller and medium enterprises hampers the robotics market. However, high labor costs are set to drive the collaborative robot market during forecast period.

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AI in Cobots Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the AI in Cobots market. In 2021, the market of AI in Cobots market has been consolidated by the top players

Fanuc

Techman Robots

Rethink Robots

AUBA Robots

ABB

Kawasaki

KUKA

Yaskawa

Staubli

Universal Robots

Recent Developments

In May 2019, the government of Saudi Arabia announced an investment of $30 billion to upgrade warehousing facilities by adoption of the advanced autonomous robots in the newly built warehouses across Saudi Arabia, thereby contributing towards the growth of the cobots market during forecast period in this region.

In October 2019, the South Korean government announced an investment $150 million to develop the intelligent robots for various industrial application which includes warehousing and logistics, thereby enhancing the growth of the cobots market.

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Industry 5.0 Market Trends, Size, Share, Growth Forecast and Analysis Report to 2032

The Industry 5.0 Market Size was estimated at USD 58.15 billion in 2023 and is expected to reach USD 673.18 billion by 2032, with a growing at  CAGR of 15.63% during the forecast period of 2024-2032.

The global shift toward hyper-personalization, human-machine collaboration, and sustainable innovation is fueling the growth of Industry 5.0—a transformative phase in industrial evolution that emphasizes synergy between advanced technology and human intelligence. Unlike its predecessor, Industry 4.0, which focused primarily on automation and data exchange, Industry 5.0 brings humans back into the equation, creating smarter, more resilient, and people-centric production systems. Key technologies such as artificial intelligence (AI), cobots (collaborative robots), digital twins, and blockchain are driving this change by enabling highly flexible, adaptive, and customized manufacturing processes.

Industry 5.0 Market Size, Share, Scope, and Forecast to 2032 indicate strong potential for expansion as organizations across manufacturing, healthcare, logistics, and energy sectors invest in next-generation industrial solutions. With a growing emphasis on worker well-being, ethical technology integration, and sustainable practices, Industry 5.0 is set to play a critical role in the future of work and global competitiveness. The market is projected to grow at a notable CAGR through 2032, as companies look to integrate human creativity with machine precision for maximum productivity and innovation.

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Market Keyplayers:

ABB (Collaborative Robots, Industrial Automation)

Honeywell International Inc (Digital Twin Solutions, Process Automation)

3D Systems (3D Printers, Additive Manufacturing Solutions)

Rockwell Automation (Autonomous Robots, Smart Manufacturing Systems)

Siemens (Digital Twin, Industrial Sensors)

Emerson Electric Co (AI-Driven Control Systems, Industrial Automation)

General Electric (IoT Solutions, Digital Twin Technology)

Bosch (Robotic Systems, Smart Sensors)

Fanuc (Collaborative Robots, CNC Systems)

Stratasys Ltd. (3D Printing Solutions, Additive Manufacturing Materials)

Piher Sensing Systems (Sensors for Automation, Industrial Sensing Solutions)

Mitsubishi Electric (Automation Solutions, Collaborative Robots)

Cognex Corporation (Vision Systems, Robotics Solutions)

Intel Corporation (AI Chips, Industrial IoT Platforms)

FANUC Robotics (Automation Solutions, Collaborative Robots)

Yaskawa Electric Corporation (Robotics, Motion Control Systems)

KUKA (Robots for Manufacturing, Automated Handling Solutions)

ABB Robotics (Robotic Solutions, Smart Factory Solutions)

Schneider Electric (Energy Management Solutions, Automation Systems)

Rockwell Automation (Industrial Automation, AI-Driven Automation Solutions)

Trends Driving Industry 5.0

Several emerging trends are reshaping how businesses approach industrial production and value creation:

Human-Centric Automation: Unlike previous industrial revolutions, Industry 5.0 places the human at the center of innovation. Cobots are working alongside humans to enhance precision, reduce physical strain, and create smarter, safer workplaces.

Hyper-Customization: Through the integration of AI and machine learning, companies are now able to produce goods tailored to individual customer preferences at scale. This mass customization trend is helping manufacturers remain competitive in consumer-driven markets.

Digital Twins and Predictive Maintenance: Digital twin technology enables real-time simulation and monitoring of equipment, reducing downtime and enhancing predictive maintenance capabilities. This trend is transforming asset-heavy industries like manufacturing, oil & gas, and utilities.

Sustainable Manufacturing: Sustainability is now a business imperative. Industry 5.0 emphasizes eco-efficient manufacturing by using smart technologies to minimize waste, optimize energy consumption, and implement circular economy principles.

Decentralized and Resilient Supply Chains: Powered by blockchain and real-time analytics, supply chains are becoming more transparent, decentralized, and resilient to global disruptions.

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Market Segmentation:

By Technology Type

Digital Twin

Artificial Intelligence (AI)

Industrial Sensors

Augmented & Virtual Reality (AR/VR)

Robots

By Organization

Large Enterprise

Small and Medium Enterprise

By Deployment Model

On-premises

Cloud-based

Hybrid

By End Use

Automotive

Aerospace

Healthcare

Semiconductor & Electronics

Metals & Mining

Market Analysis

The Asia-Pacific region is anticipated to hold the largest market share due to strong manufacturing bases in countries like China, India, and Japan, while North America and Europe are also significant contributors due to technological advancements and industrial digitalization.

Increasing adoption of AI and IoT in manufacturing processes

Demand for more personalized and agile production models

Workforce transformation and upskilling in response to new collaborative technologies

Strong government initiatives promoting smart manufacturing and digital transformation

Despite its rapid growth, the market faces challenges such as high initial investment costs, cybersecurity concerns, and the need for a highly skilled workforce. However, strategic partnerships, R&D investments, and cross-industry collaborations are helping to overcome these barriers.

Future Prospects

Looking ahead, Industry 5.0 will continue to gain traction as industries recognize the value of human-technology collaboration. In the next decade, we can expect to see:

Broader Integration Across Industries: Beyond manufacturing, sectors like healthcare, construction, agriculture, and education are beginning to adopt Industry 5.0 frameworks to enhance decision-making, precision, and personalization.

Advances in Neuromorphic and Edge Computing: These technologies will further enhance machine adaptability and enable real-time decision-making in decentralized environments.

Workforce Augmentation, Not Replacement: The future will focus on augmenting human capabilities rather than replacing them, with an emphasis on creativity, innovation, and strategic thinking.

Policy and Ethical Frameworks: As human-machine interaction increases, regulatory bodies will likely implement frameworks to ensure ethical use, data privacy, and workplace safety in Industry 5.0 environments.

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Conclusion

The Industry 5.0 market is rapidly emerging as a transformative force in global industry, where the focus is shifting from pure automation to meaningful collaboration between people and intelligent systems. As businesses navigate the post-automation era, they are discovering new opportunities for growth, innovation, and sustainability. With strong market momentum, supportive government policies, and continuous technological advancement, Industry 5.0 is set to redefine the future of industrial ecosystems—making them more human, intelligent, and resilient than ever before.

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Collaborative Manufacturing Solutions Market Outlook 2025: Trends, Growth Drivers & Regional Insights

Market Size & Forecast

The global Collaborative Manufacturing Solutions Market is witnessing rapid growth, primarily driven by the increasing demand for automation and the widespread adoption of Industry 4.0 technologies. Across various sectors, manufacturing firms are aggressively investing in smart manufacturing systems, industrial automation, and robotics to enhance operational efficiency, reduce costs, and increase productivity. The integration of advanced technologies such as Artificial Intelligence (AI), the Industrial Internet of Things (IIoT), and machine learning is transforming how manufacturing facilities operate. These technologies support functions like predictive maintenance, real-time data monitoring, and process optimization, all of which are crucial for maintaining competitive advantage in a highly dynamic market.

Human-machine collaboration is another critical trend, particularly through the implementation of collaborative robots (cobots). These robots are designed to work safely alongside humans, handling repetitive or hazardous tasks, thereby improving workplace safety and operational output. Cobots are finding increasing acceptance in industries such as automotive, electronics, healthcare, aerospace, and consumer goods.

Government initiatives also play a pivotal role in fostering market growth. In countries like China, for example, the “Made in China 2025” strategy emphasizes the modernization and digitization of the manufacturing sector. Similarly, other nations have introduced policies promoting smart manufacturing infrastructure. However, high initial investment costs and complex system integration remain challenges, particularly for small and medium-sized enterprises (SMEs). Despite long-term benefits such as improved efficiency and ROI, many SMEs struggle with the expenses involved in deploying automated solutions, training personnel, and revamping existing infrastructure.

Another major concern is cybersecurity. As manufacturing environments become more interconnected, the risk of data breaches and cyberattacks increases. To mitigate this, manufacturers are emphasizing secure system architectures and protocols that support seamless yet secure collaboration between humans and machines. The need for cybersecurity and robust data protection systems is particularly pronounced in sectors like automotive and aerospace, where confidentiality and reliability are paramount.

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Key Market Segments

By Component

In 2025, the Solutions segment is projected to dominate the collaborative manufacturing solutions market. Within this segment, collaborative robots (cobots) account for the largest market share. Cobots are increasingly used across various manufacturing activities, such as welding, assembly, and material handling, due to their flexibility, safety, and productivity benefits. Technological advancements in AI, IIoT, and robotics have enhanced cobots’ capabilities, allowing them to handle complex tasks and adapt to diverse manufacturing needs.

The growing popularity of Industry 5.0, which emphasizes human-robot collaboration, sustainability, and mass customization, further supports cobots’ rising adoption. Cobots are becoming a central element in future-ready factories that value both human expertise and robotic efficiency. As industries strive to balance quality and productivity while minimizing human error, the use of cobots will only increase globally.

By Application

Based on application, Material Handling & Logistics is expected to be the leading segment in 2025. This category covers essential tasks such as transportation, storage, and handling of raw materials or finished products within manufacturing facilities. These processes are not only labor-intensive but also prone to human errors and workplace injuries, making them ideal for automation.

The increasing use of automated guided vehicles (AGVs), autonomous mobile robots (AMRs), robotic arms, and other intelligent systems is revolutionizing warehouse and logistics operations. These systems are widely adopted across industries including electronics, automotive, and e-commerce, offering faster and safer operations. The surge in e-commerce activity, especially in regions like North America, Europe, and Asia-Pacific, has also fueled the need for efficient and automated material handling systems. Companies like Amazon and Alibaba are making heavy investments in automated storage and retrieval systems (AS/RS), robotic sorting, and conveyor-based logistics, further expanding this segment’s revenue potential.

By End-User Industry

The Automotive & Transportation segment is projected to account for the largest market share in 2025. This industry has long been at the forefront of industrial automation. Collaborative solutions are widely deployed in automotive manufacturing for tasks like painting, welding, assembly, and quality inspections. These applications help in increasing precision, reducing production time, and lowering costs.

Meanwhile, the electronics and semiconductor sector is emerging as a high-growth vertical. Given the intricate nature of electronic components and the need for precision in processes like soldering, assembling, and testing, collaborative manufacturing solutions offer invaluable benefits. Manufacturers are increasingly relying on cobots and automated systems to manage delicate parts and ensure high production standards.

Other growing sectors include healthcare and medical devices, where collaborative solutions assist in high-precision assembly, and consumer goods & retail, which benefit from enhanced packaging and logistics capabilities provided by automation.

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Geographical Outlook

Regionally, Asia-Pacific is anticipated to lead the global collaborative manufacturing solutions market in 2025. Countries like China, Japan, and South Korea are recognized as manufacturing powerhouses with high levels of automation. Massive investments in Industry 4.0 technologies, along with supportive governmental policies, are driving regional dominance.

India and several Southeast Asian countries are also seeing rapid industrialization. With improving infrastructure, increasing foreign investments, and a growing focus on smart manufacturing, Asia-Pacific is expected to be the fastest-growing region during the forecast period. Rising labor costs and the need for operational efficiency are compelling manufacturers in the region to adopt collaborative solutions quickly.

In contrast, North America and Europe continue to show strong adoption levels due to well-established industrial bases, high technology adoption rates, and proactive policies supporting automation. Companies in these regions are focusing on digital transformation, sustainability, and energy efficiency—all of which align with the goals of collaborative manufacturing systems.

Competitive Landscape

The competitive landscape of the collaborative manufacturing solutions market features both global industrial giants and emerging tech companies. Key players include:

KUKA AG (Germany)

Universal Robots (Denmark)

Honeywell International Inc. (USA)

Siemens AG (Germany)

ABB Ltd. (Switzerland)

Mitsubishi Electric Corporation (Japan)

Intel Corporation (USA)

General Electric Company (USA)

IBM Corporation (USA)

Cisco Systems Inc. (USA)

Emerson Electric Co. (USA)

Omron Corporation (Japan)

These companies are heavily investing in research and development to offer more intelligent, user-friendly, and secure manufacturing solutions. For example, in February 2025, Delta launched a line of collaborative robots designed specifically for the Indian smart manufacturing market. In January 2024, Honeywell partnered with Hai Robotics to enhance warehouse automation using flexible and scalable robotic systems integrated with Honeywell’s software.

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Global Mobile Cobots Market to Hit $8.92 Billion by 2031 – Here’s Why

The global mobile cobots market is poised for significant expansion, with its valuation expected to surge from USD 2.16 billion in 2021 to USD 8.92 billion by 2031, progressing at a CAGR of 15.4% during the forecast period from 2022 to 2031. The rising adoption of collaborative mobile robots (cobots) across industries such as manufacturing, logistics, healthcare, and retail is fueling market growth. Businesses are increasingly integrating mobile cobots to enhance productivity, improve operational efficiency, and address labor shortages, while advancements in artificial intelligence (AI), machine learning, and autonomous navigation continue to drive innovation in the sector.

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Market Introduction

Mobile cobots represent the convergence of autonomous mobile robots (AMRs) and collaborative robotic arms, providing industries with innovative automation solutions. These robots are equipped with advanced sensors, AI-powered navigation, and vision systems, making them suitable for a wide range of applications, including assembly, material handling, inspection, and logistics.

As the adoption of Industry 4.0 accelerates, mobile cobots are gaining prominence due to their ability to offer interoperability, transparency, and decentralized decision-making capabilities. Businesses are increasingly integrating cobots into their operations to enhance productivity and meet evolving manufacturing demands.

Market Drivers

Several key factors are fueling the growth of the global mobile cobots market:

Growing Demand for Automation: Industries are embracing automation to improve efficiency and reduce operational costs.

Worker Safety & Retention: Cobots reduce workplace injuries by handling hazardous tasks and ensuring a safer work environment.

Rising Demand from SMEs: Small and medium-sized enterprises (SMEs) are increasingly adopting mobile cobots due to their cost-effectiveness and ease of deployment.

Advancements in AI & Machine Learning: Enhanced navigation, perception, and decision-making capabilities are improving the functionality of cobots.

Declining Costs of Robotics Components: Affordable sensors, actuators, and processors are making cobots more accessible across various industries.

Key Players

The mobile cobots market is highly competitive, with several key players driving innovation and market expansion. Notable companies include:

Universal Robots

ABB Ltd

Aubo Robotics

Fanuc Corporation

Kawasaki Heavy Industries, Ltd.

KUKA AG

Precise Automation, Inc.

Rethink Robotics

Robert Bosch GmbH

TECHMAN Robots

Yaskawa Electric Corporation

Recent Developments

August 2022: KUKA AG secured record-breaking orders amid strong demand for automation solutions.

June 2022: Universal Robots introduced a new 20 kg payload cobot to expand its product portfolio.

May 2022: Nokia and Mobile Industrial Robots (MiR) showcased the benefits of 5G-powered cobots at LogiMat, Germany.

January 2022: KUKA AG signed a major contract with Ford Otosan for over 700 robots to support electric vehicle production.

April 2021: Doosan Robotics launched the Doosan ROS 2 package, positioning itself as a leader in next-generation cobot software.

Market Trends

Increased Deployment in Warehousing & Logistics: Cobots are being widely used in e-commerce and supply chain operations.

Surge in Demand for Small Payload Cobots: SMEs are increasingly adopting cobots with payload capacities between 1–5 kg for lightweight applications.

Integration with IoT & Cloud Computing: Cobots are now equipped with remote monitoring and predictive maintenance capabilities.

Enhanced Human-Robot Collaboration: Improvements in safety features and AI-driven decision-making are facilitating seamless collaboration between cobots and human workers.

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Regional Insights

Europe dominated the global mobile cobots market in 2021, holding a 32.5% share, driven by extensive R&D and industrial automation adoption.

North America accounted for 28.2% of the market, with strong demand from the logistics and automotive sectors.

Asia-Pacific held 26.7% of the market, led by rapid industrialization in China, Japan, and South Korea.

Market Segmentation

Component

Hardware

Arm / End Effector

AMR

Controller

Vision System

Accessories

Software

Services

Capacity

1 to 3 kg

3 to 5 kg

5 to 10 kg

Above 10 Kg

Application

Assembly

Machine Tending

Quality Inspections

Process(Material Removal/gluing/dispensing/welding/finishing)

Material Handling

Others (Maintenances Activities, Packaging, Inventory, etc.)

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Future Prospects

Looking ahead, the mobile cobots market is poised for sustained growth. Future developments include:

Wider adoption in healthcare for patient assistance and laboratory automation.

Increased integration of AI and 5G to enhance real-time data processing and decision-making.

Advancements in grippers and end effectors for more precise handling of complex tasks.

Growing investment in emerging markets as automation trends expand beyond traditional industrial hubs.

Frequently Asked Questions (FAQs)

Q1: What is the expected market size of the global mobile cobots market by 2031? A: The market is projected to reach US$ 8.92 billion by 2031.

Q2: What factors are driving the growth of mobile cobots? A: Key drivers include increasing automation demand, enhanced worker safety, technological advancements, and the rise of Industry 4.0.

Q3: Which industries are adopting mobile cobots the most? A: Mobile cobots are widely used in manufacturing, logistics, automotive, electronics, food & beverage, and healthcare sectors.

Q4: What is the role of AI in mobile cobots? A: AI enhances cobots' decision-making, navigation, object recognition, and predictive maintenance capabilities.

Q5: Who are the leading players in the mobile cobots market? A: Major companies include Universal Robots, ABB Ltd, KUKA AG, Fanuc Corporation, and Yaskawa Electric Corporation.

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A Deep Dive into the Nanosatellite And Microsatellite Market: Insights and Analysis

The global nanosatellite and microsatellite market size was estimated at USD 3,998.4 million in 2024 and is projected to grow at a CAGR of 22.8% from 2025 to 2030. The market is primarily driven by the increasing demand for automation and digital transformation, which enhances operational efficiency and reduces costs for manufacturers. In addition, the growing emphasis on energy efficiency and sustainability, coupled with advancements in technologies such as IoT, AI, and robotics, is propelling the adoption of nanosatellite and microsatellite solutions across various industries. Moreover, the integration of artificial intelligence (AI) and machine learning (ML) technologies is also facilitating smarter decision-making and predictive maintenance, which is expected to present lucrative opportunities for the market in the coming years.

The increasing demand for automation and digital transformation across various industries, as companies seek to enhance operational efficiency and reduce costs. Governments worldwide are promoting initiatives that support the adoption of Industry 4.0 technologies, which include advanced manufacturing systems, robotics, and IoT solutions. In addition, the rise in energy costs and environmental regulations is pushing manufacturers to adopt sustainable practices, leading to a greater emphasis on energy efficiency and resource optimization in production processes.

The proliferation of Industry 4.0 is a significant trend in the market as it encourages the implementation of interconnected manufacturing systems that leverage real-time data for improved decision-making and efficiency. The adoption of industrial Internet of Things (IIoT) technologies is on the rise, enabling manufacturers to collect and analyze vast amounts of data to optimize operations. Furthermore, advancements in 5G technology are enhancing connectivity within factories, allowing for faster data transmission and more reliable communication between devices. Another notable trend is the growing use of collaborative robots (cobots), which work alongside human operators to increase productivity while ensuring safety in the workplace.

Gather more insights about the market drivers, restrains and growth of the Nanosatellite And Microsatellite Market

Key Nanosatellite And Microsatellite Company Insights

Some of the key players operating in the market include Sierra Nevada Corporation and The Boeing Company, among others.

• Sierra Nevada Corporation (SNC) is an American aerospace and defense company that specializes in a wide array of technologies, including aircraft modification, space systems, and electronics. The company is particularly known for its Dream Chaser spacecraft, which is designed for cargo resupply missions to the International Space Station. The company has built a strong reputation for innovation and agility in delivering mission-critical solutions to government and commercial customers, emphasizing its commitment to advancing U.S. leadership in space and technology.

• The Boeing Company designs and produces commercial airplanes, defense systems, satellites, and space exploration vehicles. The company operates through various segments, including Commercial Airplanes and Defense, Space & Security. Boeing is recognized for its engineering excellence and has played a pivotal role in numerous landmark projects such as the Space Launch System (SLS) and the International Space Station.

Recent Developments

• In November 2024, the UK Ministry of Defense (MOD) signed a contract with Surrey Satellite Technology Limited (SSTL) for the Juno satellite program. This initiative aims to enhance the UK's capabilities in Earth observation and satellite communications. The Juno satellites will be designed to provide critical data for military operations, including intelligence, surveillance, and reconnaissance.

• In August 2024, Sierra Nevada Corporation (SNC) announced significant advancements in its Vindler commercial radio frequency (RF) satellite constellation through a new partnership with Muon Space. This collaboration aims to develop and deliver three additional satellites that will enhance the capabilities of the existing Vindlér constellation, which is designed to detect and geo-locate objects based on targeted RF emissions.

• In August 2024, Surrey Satellite Technology Limited (SSTL) announced its participation in the Small Satellite Conference 2024. This event showed SSTL's advancements in small satellite technology and its contributions to various space missions. SSTL plans to highlight its innovative satellite solutions, including capabilities for Earth observation and communications.

Global Nanosatellite And Microsatellite Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest technology trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global nanosatellite and microsatellite market report based on mass, application, end-use, and region:

Mass Outlook (Revenue, USD Million, 2018 - 2030)

• Microsatellite

• Nanosatellite

Application Outlook (Revenue, USD Million, 2018 - 2030)

• Communication & Navigation

• Earth Observation/Remote Sensing

• Scientific Research

• Technology and Academic Training

End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Government

• Defense and Security

• Commercial

• Civil

Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o UK

o Germany

o France

• Asia Pacific

o China

o India

o Japan

o South Korea

o Australia

• Latin America

o Brazil

• Middle East & Africa

o South Africa

o Saudi Arabia

o UAE

Order a free sample PDF of the Nanosatellite And Microsatellite Market Intelligence Study, published by Grand View Research.

[skyjohn009]

Robotic Sensors Market Report: Unlocking Efficiency and Innovation in Automation

Robotic Sensors Market Report: Unlocking Efficiency and Innovation in Automation

Market Definition and Latest Trends

The robotic sensors market refers to the industry that designs, manufactures, and supplies sensors for use in robotics and automation systems. These sensors enable robots to perceive their environment, detect changes, and make informed decisions. The latest trends in the robotic sensors market include:

Advancements in sensor technologies, such as vision, force, and torque sensing

Increased adoption of Industry 4.0 and smart manufacturing

Growing demand for collaborative robots (cobots) and autonomous mobile robots (AMRs)

Integration of artificial intelligence (AI) and machine learning (ML) in robotic systems

The robotic sensors market refers to the industry focused on the development, manufacturing, and application of sensors used in robotic systems. These sensors are crucial for enabling robots to perceive and interact with their environment, providing essential feedback for various operations. Robotic sensors can be used for a wide range of applications, including navigation, obstacle detection, manipulation, environmental monitoring, and human-robot interaction.

The types of sensors commonly used in robotics include proximity sensors, vision sensors, force sensors, temperature sensors, and tactile sensors, among others. These sensors play an integral role in various robotic applications, such as industrial automation, healthcare, agriculture, and autonomous vehicles.

Market Size and Forecast

According to the latest report by Straits Research, the global robotic sensors market size was valued at USD 570.06 million in 2022 and is projected to reach from USD XX million in 2023 to USD 1166.41 million by 2031, growing at a CAGR of 8.28% during the forecast period (2023–2031).

Report Request Sample Link:https://straitsresearch.com/report/robotic-sensors-market/request-sample

Market Segmentation

The robotic sensors market is segmented into two main categories:

By Type

Force and Torque Sensor: Measures the force and torque applied to a robot's joints or end-effector.

Temperature Sensor: Monitors the temperature of a robot's components or environment.

Pressure Sensor: Detects changes in pressure, often used in robotic grippers or end-effectors.

Position Sensor: Tracks the position and orientation of a robot's joints or end-effector.

Proximity Sensor: Detects the presence or absence of objects within a certain range.

Vision Sensor: Uses cameras or other imaging technologies to detect and interpret visual data.

Other Type of Sensors: Includes sensors for detecting sound, vibration, or other environmental factors.

By End-User

Manufacturing: Uses robotic sensors in assembly, welding, and material handling applications.

Automotive: Employs robotic sensors in assembly, painting, and inspection applications.

Process and Packaging: Utilizes robotic sensors in food processing, packaging, and pharmaceutical applications.

Logistics: Deploys robotic sensors in warehousing, inventory management, and transportation applications.

Other End-Users: Includes industries such as healthcare, aerospace, and education.

Growth Factors and Opportunities

The robotic sensors market is driven by several growth factors, including:

Increasing demand for automation and robotics in various industries

Advancements in sensor technologies and artificial intelligence

Growing need for precision and accuracy in manufacturing and logistics

Rising adoption of Industry 4.0 and smart manufacturing

The market also presents several opportunities, including:

Development of new sensor technologies and applications

Integration of robotic sensors with other technologies, such as AI and IoT

Expansion into new industries and markets

Increasing demand for collaborative robots and autonomous mobile robots

Key Players in the Robotic Sensors Market

Some of the key players in the robotic sensors market include:

ATI Industrial Automation Inc. (Novanta Inc.): Offers a range of robotic sensors, including force and torque sensors.

Baumer Group: Provides sensors for robotic applications, including vision, pressure, and temperature sensors.

FUTEK Advanced Sensor Technology Inc.: Specializes in force and torque sensors for robotic applications.

FANUC Corporation: Offers a range of robotic sensors, including vision, force, and torque sensors.

Honeywell International Inc.: Provides sensors for robotic applications, including pressure, temperature, and vision sensors.

Infineon Technologies AG: Offers a range of sensors for robotic applications, including pressure, temperature, and position sensors.

Sensata Technologies: Provides sensors for robotic applications, including pressure, temperature, and position sensors.

OMRON Corporation: Offers a range of robotic sensors, including vision, force, and torque sensors.

TE Connectivity Ltd: Provides sensors for robotic applications, including pressure, temperature, and position sensors.

Tekscan Inc.: Specializes in force and pressure sensors for robotic applications.

Report Buy Now Link:https://straitsresearch.com/buy-now/robotic-sensors-market

About Straits Research

Straits Research is a leading market research firm that provides actionable insights and accurate analysis of various industries. Our team of experienced researchers and analysts use cutting-edge research techniques to provide comprehensive reports that help businesses make informed decisions.

[semiconductor-hub]

Warehouse Automation Market Demand, Industry News, and Developments Analysis 2032

Warehouse automation refers to the use of technology and automated systems to optimize and streamline warehouse operations. This encompasses a wide range of solutions, including robotic systems, automated storage and retrieval systems (AS/RS), and advanced inventory management software. By automating routine tasks and processes, warehouse automation enhances efficiency, accuracy, and productivity.

The implementation of automation technologies in warehouses addresses common challenges such as labor shortages, increasing order volumes, and the need for faster fulfillment. Automated systems can handle tasks such as sorting, picking, packing, and inventory tracking with high precision and speed, ultimately leading to reduced operational costs and improved service levels.

The Warehouse Automation Market size was valued at USD 16.25 billion in 2023 and is expected to reach USD 61.46 billion by 2032 and grow at a CAGR of 15.93% over the forecast period 2024-2032.

Future Scope

The future of warehouse automation is marked by rapid technological advancements and growing adoption across various industries. Emerging technologies such as artificial intelligence (AI) and machine learning are expected to further enhance the capabilities of automation systems, enabling more intelligent decision-making and adaptive processes.

The integration of Internet of Things (IoT) devices and advanced sensors will provide greater visibility into warehouse operations, allowing for real-time monitoring and optimization. Additionally, the development of autonomous vehicles and drones for material handling and inventory management will expand the scope of automation in warehouses.

Trends

Key trends shaping the warehouse automation landscape include the increasing adoption of robotics and AI-driven solutions. Robotics technology is becoming more sophisticated, with innovations in collaborative robots (cobots) and autonomous mobile robots (AMRs) that work alongside human workers to improve efficiency.

The use of AI and data analytics is driving more intelligent automation systems, enabling predictive maintenance, real-time optimization, and enhanced decision-making. Additionally, there is a growing emphasis on scalability and flexibility, with automation solutions designed to adapt to changing business needs and evolving supply chain requirements.

Applications

Warehouse automation is applied in various sectors, including retail, e-commerce, manufacturing, and logistics. In retail and e-commerce, automated systems enhance order fulfillment processes, reduce lead times, and improve inventory management. In manufacturing and logistics, automation streamlines material handling, assembly, and distribution processes.

The technology also finds applications in cold storage and specialized warehouses, where maintaining specific environmental conditions and handling sensitive products require precise and efficient operations.

Solutions and Services

Providers of warehouse automation solutions offer a range of technologies and services, including robotic systems, AS/RS, and advanced inventory management software. These solutions are designed to integrate seamlessly with existing warehouse infrastructure and optimize various operational aspects.

Support services typically include system design, installation, integration, and ongoing maintenance. Additionally, companies offer consulting and training services to help organizations implement and maximize the benefits of warehouse automation.

Key Points

Warehouse automation optimizes operations through technologies such as robotics, AS/RS, and inventory management software.

Future developments include AI integration, IoT devices, and autonomous vehicles.

Trends include increased use of robotics, AI-driven solutions, and scalable, flexible systems.

Applications span retail, e-commerce, manufacturing, logistics, and specialized warehouses.

Solutions and services include robotic systems, AS/RS, software, installation, integration, and consulting.

Read More Details: https://www.snsinsider.com/reports/warehouse-automation-market-4211 

Contact Us:

Akash Anand — Head of Business Development & Strategy

Email: info@snsinsider.com

Phone: +1–415–230–0044 (US) | +91–7798602273 (IND)

[jack-danial]

Evolution of Packaging Robots: Transforming Efficiency and Precision in Manufacturing

In today's fast-paced manufacturing landscape, efficiency and precision are paramount. Packaging robots have emerged as game-changers in this arena, revolutionizing how products are packed and prepared for distribution. These advanced machines not only streamline operations but also enhance overall productivity and reduce costs. Here's a closer look at how packaging robots are reshaping the industry.

The Rise of Packaging Robots

The integration of robotics into packaging processes has been driven by the need for higher efficiency and consistency. Traditionally, packaging tasks were labor-intensive, often involving repetitive and mundane activities. This led to a demand for automation that could handle high volumes with minimal error.

Packaging robots are designed to tackle a wide range of tasks, from sorting and packing to palletizing and labeling. They come equipped with sophisticated sensors and advanced algorithms that allow them to perform these tasks with remarkable speed and accuracy.

Key Benefits of Packaging Robots

Enhanced Efficiency: One of the primary advantages of packaging robots is their ability to work continuously without fatigue. They operate at a consistent pace, which significantly increases throughput and reduces the time required for packaging operations. This is especially beneficial in high-volume production environments where speed is crucial.

Improved Precision: Robotics technology offers unparalleled precision in packaging tasks. With advanced sensors and vision systems, robots can handle delicate items and perform intricate packaging operations with high accuracy. This minimizes the risk of product damage and ensures that each package meets quality standards.

Cost Savings: While the initial investment in packaging robots can be substantial, the long-term cost savings are significant. Robots reduce the need for manual labor, lower the incidence of errors, and minimize waste. Additionally, they can be programmed to handle multiple packaging formats, reducing the need for specialized equipment.

Flexibility and Adaptability: Modern palletizer machine are highly versatile. They can be easily reprogrammed to accommodate different packaging requirements, making them suitable for a wide range of products and industries. This adaptability is particularly valuable in dynamic markets where product lines frequently change.

Enhanced Safety: By taking over dangerous and repetitive tasks, packaging robots improve workplace safety. They reduce the risk of workplace injuries associated with manual handling and ensure that employees can focus on more complex and value-added tasks.

Innovations in Packaging Robot Technology

The field of packaging robots continues to evolve with technological advancements. Some notable innovations include:

Collaborative Robots (Cobots): These robots are designed to work alongside human operators, enhancing productivity while ensuring safety. Cobots are equipped with sensors that allow them to detect and respond to the presence of humans, making them ideal for environments where human-robot interaction is frequent.

AI and Machine Learning: Integration of artificial intelligence (AI) and machine learning algorithms enables robots to learn and adapt to new tasks over time. This enhances their ability to handle complex packaging processes and improves their efficiency.

Flexible End-of-Arm Tools: Advances in end-of-arm tooling (EOAT) have made robots more adaptable to various packaging tasks. These tools can be customized to handle different product shapes, sizes, and packaging materials.

Real-Time Data Analytics: Modern packaging robots are equipped with sensors that provide real-time data on performance and operational metrics. This data can be used to optimize processes, predict maintenance needs, and ensure consistent quality.

The Future of Packaging Robots

As technology continues to advance, the role of packaging robots will become even more integral to manufacturing processes. The future will likely see further improvements in AI-driven automation, greater collaboration between humans and robots, and enhanced flexibility to meet evolving market demands.

In conclusion, packaging robots represent a significant leap forward in manufacturing efficiency and precision. Their ability to handle high volumes, perform complex tasks with accuracy, and improve overall safety makes them indispensable in modern production environments. As technology evolves, packaging robots will continue to drive innovation and shape the future of manufacturing.

[nmsc-market-pulse]

Service Robotics Market: Transforming Industries with Automation

Introduction:

According to the study by Next Move Strategy Consulting, the global Service Robotics Market size is predicted to reach USD 192.29 billion with a CAGR of 20.8% by 2030.

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In recent years, service robotics has emerged as a transformative force, reshaping industries across the globe with its automation capabilities. From healthcare to manufacturing, retail to logistics, service robotics is revolutionizing traditional processes and driving efficiency such never before.

The Rise of Service Robotics:

Service robotics has rapidly gained traction due to advancements in artificial intelligence, machine learning, and sensor technologies. These innovations have enabled robots to perform a wide range of tasks previously reserved for humans, leading to increased productivity, cost savings, and improved safety in various industries.

In the past, robotics was primarily associated with heavy industrial applications, such as automotive manufacturing. However, with the advent of lightweight materials, compact sensors, and sophisticated algorithms, robots have become more versatile and adaptable to different environments. This has opened up new opportunities for their deployment across diverse sectors, including healthcare, retail, agriculture, and hospitality.

Transforming Healthcare:

In the healthcare sector, service robotics is playing a pivotal role in patient care, diagnosis, and treatment. Robots equipped with sensors and AI algorithms can assist doctors and nurses in surgeries, monitor vital signs, and provide companionship to elderly patients. This not only enhances the quality of care but also reduces the workload on healthcare professionals, allowing them to focus on critical tasks.

Robotic surgical systems, such as the da Vinci Surgical System, have revolutionized minimally invasive surgery, offering greater precision, flexibility, and control to surgeons. These systems enable complex procedures to be performed through small incisions, resulting in faster recovery times and reduced complications for patients. In addition to surgical robots, service robots are also being used for telemedicine, rehabilitation, and drug delivery, expanding access to healthcare services and improving patient outcomes.

Revolutionizing Manufacturing:

In manufacturing, service robotics is streamlining production processes and driving operational efficiency. Robots equipped with advanced sensors and vision systems can perform complex tasks with precision and speed, leading to higher output and lower defect rates. Collaborative robots, or cobots, are working alongside human workers, enhancing safety and productivity on the factory floor.

Automated guided vehicles (AGVs) and autonomous mobile robots (AMRs) are transforming material handling and logistics within manufacturing facilities. These robots can navigate dynamic environments, transport materials between workstations, and optimize workflow layouts in real-time. By automating repetitive and physically demanding tasks, service robotics is not only improving efficiency but also enhancing the working conditions for factory workers.

Empowering Retail and Logistics:

The retail and logistics sectors are also benefiting from the integration of service robotics. Autonomous robots are being used for inventory management, order fulfillment, and last-mile delivery, reducing labor costs and improving service quality. Automated warehouses equipped with robotic systems can handle large volumes of goods efficiently, enabling retailers to meet the demands of e-commerce customers.

In warehouses, robots are employed for tasks such as picking, packing, and sorting items, increasing throughput and accuracy in fulfillment operations. With the rise of omnichannel retailing and same-day delivery expectations, retailers are turning to robotics to optimize their supply chain and enhance the customer experience. Delivery drones and ground-based robots are being deployed for fast and contactless deliveries, especially in urban areas where congestion and traffic congestion are common challenges.

Challenges and Opportunities:

While the prospects of service robotics are promising, there are challenges that need to be addressed. These include concerns about job displacement, data security, and regulatory compliance. However, with proper planning and investment, these challenges can be overcome, unlocking the full potential of service robotics in transforming industries.

Job displacement is a significant concern for workers who fear being replaced by robots. However, studies have shown that automation often leads to the creation of new jobs and the upskilling of existing workers. As robots take over mundane and repetitive tasks, humans can focus on higher-value activities that require creativity, critical thinking, and emotional intelligence. Companies need to invest in training and retraining programs to ensure that their workforce remains relevant in the age of automation.

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Data security is another area of concern, especially in industries where robots collect and process sensitive information. Robust cybersecurity measures are essential to protect against data breaches, hacking attempts, and unauthorized access to robotic systems. This includes encryption, authentication, and access control mechanisms to safeguard data integrity and confidentiality.

Regulatory compliance is also a challenge for companies deploying service robotics, as regulations vary across different jurisdictions and industries. Manufacturers need to ensure that their robots comply with safety standards, ethical guidelines, and industry regulations to avoid legal liabilities and reputational damage. This requires collaboration between policymakers, industry stakeholders, and robotics experts to develop clear and coherent regulatory frameworks that foster innovation while ensuring public safety and ethical use of technology.

Economic Disparities and Accessibility:

While service robotics holds great potential for transforming industries and improving productivity, there is a concern about economic disparities and accessibility. The upfront costs associated with implementing robotics solutions can be prohibitive for small and medium-sized enterprises (SMEs) and businesses operating in developing economies. As a result, there is a risk that only large corporations with significant financial resources will be able to afford and benefit from robotics technology, widening the gap between industry leaders and smaller players. Addressing this challenge requires initiatives to promote affordability, accessibility, and inclusivity in the adoption of service robotics, such as government subsidies, financing options, and technology-sharing programs.

Ethical Considerations and Human-Robot Interaction:

As service robotics becomes more pervasive in our daily lives, there are ethical considerations surrounding human-robot interaction and the impact on society. Questions arise about the ethical use of robots in sensitive areas such as healthcare, where issues of patient privacy, autonomy, and consent come into play. There is also a need to define ethical guidelines for the design, deployment, and use of robots to ensure that they respect human rights, cultural norms, and ethical principles. Additionally, there is a growing interest in exploring the psychological and social implications of interacting with robots, including the potential for emotional attachment, trust, and empathy. To address these concerns, interdisciplinary research and dialogue are essential to develop ethical frameworks and guidelines that promote responsible and ethical use of service robotics while maximizing their benefits for society.

Conclusion:

The service robotics market is poised for exponential growth, driven by technological advancements and increasing demand for automation. As industries continue to adopt robotics solutions, we can expect to see further improvements in efficiency, safety, and innovation. Service robotics is not just transforming industries—it is shaping the future of work and redefining the way we live and interact with technology. By harnessing the power of AI, machine learning, and robotics, businesses can unlock new opportunities for growth, competitiveness, and sustainability. Whether it's improving patient outcomes in healthcare, optimizing production processes in manufacturing, or enhancing customer experiences in retail, service robotics has the potential to revolutionize every aspect of our lives. As we embrace the Fourth Industrial Revolution, let us embrace the possibilities of service robotics and build a future where humans and robots work together to create a better world.

[trendingreportz]

5G IoT Market - Forecast(2024 - 2030)

5G IoT Market Overview

The 5G IoT Market size is forecast to reach $40.5 billion by 2026, growing at a CAGR 61% from 2022 to 2026. Increased proliferation of technologies like predictive maintenance, data analytics, digital twins and others in manufacturing sector has been eventually driving the need for 5G IoT. Rising demand for connected cars equipped with advanced in-vehicle infotainment and telematics system along with increasing penetration of advanced communication infrastructure in healthcare sector to optimize surgical robots, asset tracking, telemedicine, remote health monitoring are some of the prime factors driving the global 5G IoT Market. Furthermore, with growing adoption of precision farming, agricultural drones and greenhouse automation, global 5G IoT has gained a huge traction. Rise in adoption of IoT and artificial intelligence (AI) to develop fully connected smart cities offering high speed data transmission and data analytics as a part of improving real-time monitoring is analyzed to drive the market in future years.

5G IoT Market Report Coverage

The report: “5G IoT Industry Outlook – Forecast (2022-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the 5G IoT Industry.

By Solution: Hardware, Cellular Connectivity, Software, Services

By Organization Size: SME, Large Enterprises

By Radio Technology: 5G New Radio Standalone Architecture, 5G New Radio Non-Standalone Architecture

By Range: Short Range 5G IoT devices, Wide Range 5G IoT devices

By Application: Predictive Maintenance, Business Optimization, Asset Tracking and Management, Logistics & Supply Chain Management, Automation Control and Management, Others

By End Users: Manufacturing (Medical & Pharmaceutical, Chemical, Food & Beverage, FMCG, Metal, Machinery & Equipment, Semiconductor & Electronics, Others), Transportation & Logistics, Consumer, Oil & Gas, Automotive, Ports, Energy, Smart City, Smart Building, Retail, Agriculture, Healthcare, Education, Smart Events & Stadia, Mining, Utilities, Others

By Geography: North America (US, Canada, Mexico), Europe (Germany, U.K, France, Spain, Italy, Others), APAC (China, Japan, Malaysia, Thailand, South Korea, Philippines, Hong Kong, Others), South America (Brazil, Argentina and others), RoW (Middle East and Africa)

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Key Takeaways

5G New Radio Standalone architecture is analyzed to witness highest growth in the 5G IoT Market during 2022-2026 owing to increased performance, super-fast response times and faster access to higher data rates.

APAC 5G IoT Market held the largest share in 2021, attributing to factors like rising demand for more reliable connectivity and more bandwidth between devices among manufacturers as a part of optimizing smart industrial operations including process automation, remote monitoring, collaborative robots, predictive analytics, augmented reality, additive manufacturing.

Increased proliferation of technologies like predictive maintenance, data analytics, digital twins and others in manufacturing sector along with rise in demand for connected cars equipped with advanced in-vehicle infotainment and telematics system are analyzed to significantly drive the global 5G IoT Market during the forecast period 2022-2026.

5G IoT Market Segment Analysis- By Radio Technology

By radio technology, 5G IoT Market has been segmented into 5G New Radio Standalone Architecture, 5G New Radio Non-Standalone Architecture. 5G New Radio Standalone Architecture is analyzed to grow with the highest CAGR of 72% during the forecast period 2022-2026. As compared to 5G non-standalone architecture, standalone architecture acts as a more efficient solution, which includes increased performance, better flexibility, and reduced complexity, attributing to its market growth. Rising adoption of connected cars, immersive media, automated guided vehicles or cobots control need super-fast response times and faster access to higher data rates, which is enabled by SA architecture, and thus such beneficiary capabilities of 5G standalone technology are boosting its market growth. In May 2021, Swisscom announced its plans to strengthen its long-term strategic partnership commitment to Ericsson with a deal including 5G Standalone (SA) rollout. This 5G SA is analyzed to enable Swisscom to deliver superior network performance and new use cases comprising logistics, energy, factory, mining, and airport and so on. Such factors are further set to propel the market growth of 5G IoT Market in the long run. 

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5G IoT Market Segment Analysis- By End Users

By end users, 5G IoT market has been segmented into Manufacturing, Transportation & Logistics, Consumer, Oil & Gas, Automotive, Ports, Energy, Smart City, Smart Building, Retail, Agriculture, Healthcare, Education, Smart Events & Stadia, Mining, Utilities and Others. Automotive sector is analyzed to witness the highest growth with a CAGR 70% during 2022-2026. The demand for future mobility and automated driving coupled with enhanced multimedia and infotainment features in the car is attributing to the market growth. Rising investment towards infotainment solutions with 5G connectivity for seamless and delay-free video and music streaming along with the integration of weather forecasts, or information on the current traffic situation is another prime factor contributing towards market growth. Expansion of digital infrastructure is set to lead to a huge increase in data in the automotive sector. According to a report published by Acta Verba, in advanced connected cars, the data flow is to reach 1 GB per vehicle per day, and it will further explode by 30 times to 1 TB of data per vehicle, per month, by 2025. This creates a need for significantly more bandwidth and faster data processing capabilities close to end users and mobile devices at the digital edge, and such factors are contributing towards expansion of 5G IoT Market. In December 2021, Volkswagen announced the deployment of Nokia’s industrial-grade private 5G wireless network at the company’s main plant in Wolfsburg, Germany. This development was done to help the facility achieve real-time connectivity for IoT sensors, connected vehicles and machinery, supporting intelligent networking of production robots and wireless assembly tools. Such factors are set to drive the market forward in the coming years.

5G IoT Market Segment Analysis- By Geography 

By Geography, 5G IoT Market has been segmented into North America, Europe, APAC, South America and Others. APAC dominated the 5G IoT Market with a share of 34% in 2021, owing to burgeoning demand for next-generation high-speed mobile internet among manufacturers in this region for more reliable connectivity and more bandwidth between devices. Rising partnerships between telecom operators and IoT network providers in APAC region with an aim to enable enterprises running more automated, productive, sustainable and safer businesses with harmonized service level agreements, while providing real-time insights is resulting in speedy expansion of the market. Although 4G can accommodate Industry 4.0 capabilities, 5G is analysed to be the true accelerator for digitalization and the key to implementing features like IoT, advanced robotics and remote machine control, and augmented/virtual reality (AR/VR) to enterprises, with the manufacturing and energy sectors taking the lead in its adoption. According to GSMA, APAC 5G Industry Community is formed by 12 Contributing members and the existing IoT community and 5G emerging market community with over 500 members in more than 30 countries with an aim to build a platform for people who are passionate about 5G benefits to industries and enterprises, to connect with peers and share their knowledge, requirement, and build the ecosystem to support each other to drive businesses forward with the new technologies in APAC. Furthermore, growing investment towards smart city infrastructure, equipped with advanced security features for real-time surveillance, large scale monitoring by local authorities and backed up by analytics, Artificial Intelligence (AI), Internet-of -Things (IoT) and data-driven insights is one of the key factors driving its market growth within the region. In January 2022, Qualcomm announced collaboration with Cybertrust Japan Co., Ltd. and SB Technology Corp. through the Qualcomm IoT Services Suite offering to proliferate smart Cities and 5G IoT solutions in Japan. This collaboration was done to explore projects with Qualcomm Smart Cities Accelerator Program ecosystem members and develop smart solutions for use cases across smart cities, smart campuses, smart parking, smart energy-management, smart security, smart factories, and more in this country. Such developments are set to create significant growth opportunities for the market during 2022-2026.

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5G IoT Market Drivers

Increased proliferation of technologies like predictive maintenance, data analytics, digital twins and others in manufacturing sector are impacting the market growth

Increasing penetration of advanced technologies like predictive maintenance, data analytics, digital twins and others as a part of improving business insights for greater operational efficiency, better product quality, optimized supply chain performance and so on acts as major factor driving the market growth towards 5G IoT Market. The burgeoning demand for predictive maintenance in manufacturing sector leveraging critical communication infrastructure provides data analysis tools and techniques, which are used to monitor equipment condition for regular operational wear and tears, and such factors are analyzed to elevate the 5G IoT Market. Furthermore, rising investments towards connected asset monitoring enabling real-time asset data analysis assists in providing a powerful tool for productivity improvement, which in turn can also aid the market growth overtime. 5G’s enhanced bandwidth compared with other wireless communications technologies help robots and cobots to be monitored and updated in real-time as the environment changes. 5G’s low latency allows for actions to be monitored close to real-time, and such benefits of 5G are propelling the growth of the market. In November 2021, Huawei and China Mobile jointly deployed 5G enabled manufacturing solutions powered by mobile edge computing (MEC) at Haier’s smart factories. Haier is leveraging advanced technologies like artificial intelligence and machine vision at seven smart factories in China and has planned to expand in 20 factories by the end of 2022. Such new development is set to fuel the market growth in the long run.

Rise in demand for connected cars equipped with advanced in-vehicle infotainment and telematics system drives its market forward

Growing demand for connected cars equipped with advanced in-vehicle infotainment and telematics system act as a major driver boosting its market growth. The enhanced bandwidth of 5G New Radio enables richer infotainment and more immersive in-car entertainment experiences. Adoption of multi-access edge computing (MEC) platform puts processing power at the edge of the network, for faster gaming and higher quality video. Such beneficiary capabilities of 5G IoT is analyzed to positively impact the market growth overtime. Furthermore, with the substantial growth of C-V2X technology, 5G network for C-V2X infrastructure for use on on-board platforms is evolving. The rise in adoption of advanced driver assistance system (ADAS), equipped with on-board sensors, is also set to significantly trigger the growth of 5G IoT Market. Rising investments towards autonomous driving (AD) with an aim to harmonize and accelerate the introduction of intelligent transport and communication solutions is augmenting the growth of the market. According to the Economic Times, connected car shipments in the U.S. is expected to cross 80 million units during 2020 to 2025, growing at a CAGR of 10%. They moreover state that 5G cars will account for 27% of the market by 2025. In August 2021, Honda collaborated with Verizon to explore how Verizon 5G Ultra Wideband and 5G Mobile Edge Computing (MEC) can ensure fast, reliable communication between road infrastructure, vehicles and pedestrians. Verizon’s 5G and MEC platforms bring the power of the cloud closer to the vehicle, lowering latency, offering massive bandwidth, and improving communications and connectivity between drivers, other cars, traffic lights, pedestrians and emergency vehicles to improve threat detection and avoid accidents. Such developments are analyzed to propel the 5G IoT Market growth in the coming years.

5G IoT Market Challenges

High infrastructure cost related with 5G deployment and coverage hinders its market growth

5G offers a significant increase in speed and bandwidth, but its more limited range requires further infrastructure. 5G antennas and base stations are smaller in the 5G era, but more of them would have to be installed on buildings or homes to compensate for their shorter range. Cities need to install extra repeaters to spread out the waves and extend range, while also maintaining consistent speeds in more densely populated areas, and thus, deployment of additional infrastructure requires high cost, which in turn create a negative impact on the growth of the market. A small tower and 5G cell site costs $30,000–$50,000 and due to such high costs small and medium enterprises are not opting for 5G. Investments needed in key components for a 5G network coverage includes spectrum, sites, power distribution and resilient strength fibre. Such factors have been creating an adverse impact on its market growth.

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5G IoT Market Landscape

Product innovations, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the 5G IoT Market. 5G IoT top 10 companies include: 

Qualcomm

Ericsson

Nokia Corporation

Samsung Electronics Co. Ltd.

AT&T Inc.

Verizon Communications Inc.

Vodafone Group Plc

Telefonica S.A.

Deutsche Telekom

SK Telecom

Recent Developments

In November 2021, Samsung announced about the launch of its latest automotive chip solutions, the Exynos Auto T5123 for 5G connectivity to enhance smarter and more connected automotive technologies for enriched in-vehicle experiences including entertainment, safety and comfort and other critical features on the road. This product is specifically designed to bring fast and seamless 5G connectivity in both standalone (SA) and non-standalone (NSA) mode to the next generation of connected cars.

In October 2021, Ericsson announced about the launch of end-to-end time critical communication for real time 5G experiences such as cloud gaming, AR/VR, and unlock new ones in remote control, mobility automation, and industrial control. With the launch of its new Critical IoT product, Ericsson is enhancing its 5G capabilities ensuring consistent low latency and high reliability demanded by time-critical applications and services for consumers, enterprises, and public sector. 

In August 2021, Qualcomm announced about the launch of Qualcomm Flight RB5 5G Platform to offer both 5G and AI-capabilities for delivering a solution which will drive the next generation of high-performance, low-power, 5G drones. With this launch, Qualcomm combines heterogeneous, low-power computing and camera systems with AI, and long-range connectivity such as 5G, and Wi-Fi 6 to bring together the unparalleled power of 15 TOPS with advanced imaging capabilities and drone-to-drone communication.

[svayarobotics]

The Synergy of Steel and Skill: How Collaborative Robots Are Transforming Manufacturing

Collaborative Robots

In the contemporary landscape of industrial production, the integration of Collaborative Robots, often referred to as Cobots, signifies a pivotal shift towards more dynamic and versatile manufacturing environments. These sophisticated automatons are not just tools of automation; they are becoming integral partners in the craft of manufacturing, bringing a harmonious blend of precision and flexibility to assembly lines worldwide.

The Evolution of Collaborative Robots in Industry

Historically, robots in manufacturing settings were isolated from human operators, designated to perform monotonous, repetitive tasks within confined spaces. However, the advent of Cobots has disrupted this norm. Engineered to work alongside humans, these robots are equipped with advanced sensors and control systems that ensure safety and enhance human-machine interaction.

A Cobot's ability to learn and adapt to different tasks makes it an invaluable asset. For example, in automotive manufacturing, Cobots are used to assist with intricate assembly processes that require a high degree of precision. Their deployment reduces the ergonomic strain on human workers and increases the overall quality of production.

Strategic Implementation of Cobots by Manufacturers

The shift to Cobots does not merely represent a technological upgrade but a strategic transformation within factories. The role of a Cobots manufacturer is not only to produce these machines but also to tailor them to integrate seamlessly into existing workflows. This bespoke adaptation is crucial as it allows for minimal disruption and maximizes the efficiency gains from the robot's deployment.

One of the most significant advantages of Cobots is their flexibility. Unlike their predecessors, Cobots can be reprogrammed and redeployed for different tasks within the same facility. This versatility is particularly beneficial for small to medium-sized enterprises (SMEs) that require production lines to switch between products more frequently.

Economic Impact of Cobots in Manufacturing

The economic implications of integrating Cobots into manufacturing are profound. Initially, the investment might seem substantial; however, the return on investment (ROI) is accelerated by the substantial gains in productivity and reduction in operational costs. Cobots contribute to a decrease in production downtime and maintenance costs, as their precision and reliability prevent the frequent errors that human operators might make.

Moreover, Cobots enable manufacturers to maintain production within domestic markets, mitigating the need to offshore factories to low-cost countries. This not only helps in retaining jobs locally but also reduces the logistical costs associated with long-distance supply chains.

Enhancing Worker Safety and Job Satisfaction

Safety is a paramount concern in any manufacturing setting, and Cobots excel in this arena. Equipped with state-of-the-art safety features, such as collision detection and responsive stop mechanisms, Cobots ensure a safe working environment. This safety enhancement is critical in industries where human workers are at risk of injuries from repetitive tasks or heavy lifting.

Furthermore, the introduction of Cobots relieves workers from the monotony of repetitive tasks, allowing them to focus on more complex and creative aspects of production. This shift not only augments job satisfaction but also fosters a more engaging and mentally stimulating workplace.

Future Trends: Cobots and Beyond

As the technology behind Cobots continues to evolve, their capabilities are expected to become even more sophisticated. With advancements in artificial intelligence (AI) and machine learning, Cobots will be able to perform not only physical tasks but also make autonomous decisions based on real-time data. This evolution will further enhance their utility in manufacturing, making them an even more integral part of the production process.

In conclusion, the synergy between steel and skill introduced by Cobots is transforming the manufacturing sector. This transformation is not merely about automating tasks but about enhancing and augmenting the human workforce's capabilities. As Cobots become more embedded in industrial operations, their impact on productivity, safety, and innovation continues to grow, heralding a new era of manufacturing that is more efficient, safer, and more sustainable. The role of the Cobots manufacturer will be crucial in navigating this shift, ensuring that these robotic assistants are not only accessible but also adaptable to the varying needs of a rapidly evolving industry.

[news24-amit]

From $1.2B to $15.3B: The Explosive Growth of the Cobot Market

The global collaborative robot (cobot) market is experiencing rapid expansion, driven by increasing automation needs, high labor costs, and heightened concerns for workplace safety and productivity. In 2023, the industry was valued at US$ 1.2 billion and is projected to reach US$ 15.3 billion by 2034, growing at an impressive CAGR of 26.1% from 2024 to 2034.

Cobots are designed to work alongside human workers, offering significant advantages such as flexibility, ease of programming, and enhanced safety features. Their growing adoption across industries like electronics, automotive, healthcare, and logistics signals a transformative shift in the global manufacturing and service sectors.

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Top Market Trends

Increased Automation Demand: With businesses striving to enhance efficiency, collaborative robots are being widely implemented to handle repetitive tasks while allowing human workers to focus on more strategic roles.

Workplace Safety and Ergonomics: Cobots feature advanced safety measures, including force-limiting sensors and real-time monitoring, ensuring seamless collaboration between humans and machines without compromising worker well-being.

Technological Advancements: Innovations in artificial intelligence (AI), machine learning, and sensor technologies have significantly improved cobots' adaptability and ease of integration into existing workflows.

Rising Customization in Manufacturing: The automotive and consumer electronics industries are leveraging cobots to cater to dynamic product demands and frequent design changes, thereby ensuring agility in operations.

Regional Expansion: Asia Pacific dominates the market, holding a 34.2% share in 2023, with rapid industrialization and investments in automation expected to sustain strong growth through 2034.

Future Outlook

The collaborative robot market is poised for exponential growth as industries increasingly adopt automation to enhance productivity and safety. Organizations that embrace cobot technologies gain a competitive advantage by improving efficiency, reducing workplace injuries, and ensuring rapid adaptability to market shifts.

The future of cobots includes the integration of advanced AI-driven functionalities, improved human-robot interaction, and expansion into new applications beyond manufacturing, including healthcare, retail, and service industries. With increasing regulatory support and investment in research & development, the cobot market is set to become a cornerstone of the future workforce.

Key Market Drivers

Rising Need for Automation: Businesses are adopting cobots to optimize production, improve efficiency, and address labor shortages.

Focus on Safety and Ergonomics: With stringent workplace safety regulations, cobots provide a viable solution by reducing strain and injury risks for workers.

Flexibility and Adaptability: Unlike traditional industrial robots, cobots can be reprogrammed and repurposed for different tasks, making them ideal for dynamic manufacturing environments.

Technological Advancements: The integration of AI and IoT enhances cobots' capabilities, making them more intuitive and easier to integrate with human-led operations.

Cost-Effectiveness: Cobots offer a more affordable automation solution compared to traditional robotic systems, making them attractive for small and medium-sized enterprises (SMEs).

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Market Challenges

High Initial Investment Costs: While cobots offer long-term benefits, the upfront investment in technology and integration remains a challenge for some companies.

Workforce Adaptation: Employee training and adaptation to working alongside robots require a cultural shift within organizations.

Limited Awareness in Emerging Markets: While developed economies are embracing cobots, awareness and adoption in some emerging markets remain relatively low.

Security Concerns: As cobots become more connected through IoT and AI, cybersecurity threats pose a growing risk to operational integrity.

Complexity in High-Precision Tasks: Despite advancements, cobots still face limitations in performing highly intricate operations that require extreme precision.

Future Prospects: What’s Next for the Industry?

The collaborative robot market is set for significant transformations as industry leaders continue to enhance product offerings and invest in technological advancements. Key developments expected to shape the market include:

Expansion into New Industries: Sectors such as healthcare, logistics, and agriculture are set to integrate cobots for improved efficiency and automation.

Advancements in AI & Machine Learning: Enhanced AI capabilities will allow cobots to become more autonomous and adaptable to complex environments.

Increased Collaboration Between Human and Robot Workers: Future cobots will exhibit greater dexterity and intelligence, working even more seamlessly alongside human workers.

Government and Industry Support: Favorable policies and incentives promoting automation and workplace safety will further accelerate cobot adoption.

Regional Outlook

Asia Pacific remains the leading market for collaborative robots, accounting for 34.2% of the total market share in 2023. The region's robust manufacturing sector, particularly in China, Japan, and South Korea, is driving demand. North America and Europe also show strong growth potential, fueled by technological advancements and an increasing focus on automation in industries such as healthcare and logistics.

Key Players and Competitive Landscape

Companies Profiled       

ABB Group

Brooks Automation Inc.

DAIHEN Corporation.

FANUC CORPORATION.

Kawasaki Heavy Industries Ltd.

KUKA AG

Mitsubishi Electric Corporation.

OMRON

Schneider Electric SE

Yaskawa Electric Corporation.

Other Key Players

Recent Key Developments

April 2023: Universal Robots launched the UR20, featuring a 20 kg payload capacity and an extended reach, making it ideal for handling heavier tasks.

March 2023: FANUC enhanced its CRX series of cobots with AI-powered capabilities, enabling more intuitive programming and smoother integration into manufacturing workflows.

February 2023: ABB introduced the GoFa cobot, designed with advanced safety features for diverse applications, including material handling and assembly.

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact:Transparency Market Research Inc. CORPORATE HEADQUARTER DOWNTOWN, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Website: https://www.transparencymarketresearch.com Email: sales@transparencymarketresearch.com Follow Us: LinkedIn| Twitter| Blog | YouTube

[businessresearchreportss]

Future Trends in Manufacturing Sector ICT Market: Predictions for Industry Evolution and Innovation

The manufacturing sector ICT market is poised for significant evolution and innovation driven by emerging technologies and shifting industry dynamics.

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Here are some predictions for future trends in the manufacturing sector ICT market:

AI-Powered Manufacturing: Artificial intelligence (AI) will play a central role in transforming manufacturing operations, with predictive analytics, machine learning, and cognitive automation enabling predictive maintenance, quality control, and demand forecasting. AI-powered systems will optimize production processes, reduce downtime, and improve overall efficiency.

Digital Twins and Simulation: The adoption of digital twins will become more widespread, allowing manufacturers to create virtual replicas of physical assets and processes. Digital twins will enable real-time simulation, optimization, and analysis of manufacturing operations, leading to better decision-making, faster time-to-market, and improved product quality.

Edge Computing for Real-Time Insights: Edge computing will gain prominence in manufacturing environments, enabling data processing and analytics to be performed closer to the point of data generation. Edge computing architectures will support real-time monitoring, analysis, and control of manufacturing processes, enhancing agility and responsiveness.

5G Connectivity for Smart Factories: The rollout of 5G networks will enable high-speed, low-latency communication between devices and systems in smart factories. 5G connectivity will support a wide range of IoT devices, robots, and autonomous systems, enabling real-time data exchange, remote monitoring, and control of manufacturing equipment.

Cyber-Physical Systems Integration: Cyber-physical systems (CPS) integration will enable seamless interoperability between digital and physical components in manufacturing environments. CPS will enable autonomous production processes, self-optimizing systems, and adaptive manufacturing capabilities, driving efficiency and flexibility.

Advanced Robotics and Automation: Robotics and automation technologies will continue to evolve, with advancements in robotics capabilities, collaborative robots (cobots), and autonomous guided vehicles (AGVs). Robotics and automation will enable flexible, scalable, and agile manufacturing operations, improving productivity and reducing manual labor.

Blockchain for Supply Chain Transparency: Blockchain technology will be increasingly used to enhance supply chain transparency, traceability, and trustworthiness. Blockchain-enabled platforms will provide secure, immutable records of transactions, ensuring authenticity and provenance of products throughout the supply chain.

Augmented Reality (AR) for Training and Maintenance: Augmented reality (AR) technologies will be integrated into manufacturing processes for training, maintenance, and remote assistance. AR-enabled tools will provide interactive, hands-on training experiences, facilitate troubleshooting, and improve productivity on the shop floor.

Sustainable and Green Manufacturing Practices: Manufacturers will prioritize sustainability and environmental stewardship, leveraging ICT solutions to reduce energy consumption, minimize waste, and optimize resource usage. Sustainable manufacturing practices will become integral to corporate social responsibility (CSR) initiatives and brand reputation.

Personalized and On-Demand Manufacturing: Advances in ICT will enable personalized and on-demand manufacturing models, allowing manufacturers to produce customized products in small batch sizes at scale. ICT solutions such as 3D printing, digital design tools, and agile manufacturing processes will support flexible and adaptive production capabilities.

In summary, the future of the manufacturing sector ICT market will be characterized by AI-powered manufacturing, digital twins, edge computing, 5G connectivity, cyber-physical systems integration, advanced robotics, blockchain for supply chain transparency, AR for training and maintenance, sustainable manufacturing practices, and personalized manufacturing models. These trends will drive innovation, efficiency, and competitiveness in the manufacturing industry, paving the way for the factories of the future.

[shashiemrf]

Industrial Robotics Market Global Upcoming Demand, Growth Analysis & Forecast till 2022

Industrial Robotics Market: Industrial robotics comprises mechanical systems that are useful for various activities of industrial applications. Market Research Future (MRFR) has published a research report about the global industrial robotics market that observes a huge surge for this market at 14% CAGR (Compound Annual Growth Rate) between 2016 and 2022.

The primary factor driving the global industrial robotics market growth is high demand of robotics products in industrial application especially in manufacturing sectors, growing adoption of robotics in small & medium size organizations and growing investment by the automotive industry in technological advancement.

The global industrial robotics market has been segmented on the basis of application, end user, type, and lastly, region. The application-based segmentation segments this market into assembling, material handling, painting, palletizing, welding, and others. As per segmentation with regards to the end users, the market has been segmented into automotive, electronics, entertainment, food & beverage, rubber & plastic, pharmaceuticals, and others. By type, the market segmentation covers 6-axis robots, articulated, Cartesian, delta, dual-arm, parallel, redundant, selective compliance assembly robot arm, (SCARA) and others.

The regional segmentation of the global industrial robotics market segments the market into North America, Europe, Asia Pacific, and the Middle East & Africa. The Asia Pacific is the biggest regional market. Japan is the leading market in this region due to maximum technological advancement, followed by China and India. Japan alone is responsible for half of the market revenue due to its technological advancement. Another major country-specific market in this region is South Korea, followed by the remaining countries of the Asia Pacific region.

Europe is the second largest regional market due to the high density of population. Due to technological advancement, Western Europe is a bigger market than Eastern Europe. In this region, the strongest economies that can be perfect markets are France, Germany, Italy, Spain, and the UK, followed by the remaining countries of Europe.

North America is the third largest market due to technological advancement, the presence of many key market players, and many industries using robotic applications for activities like welding, packaging, and testing. The pressing country-specific markets in this region are the USA and Canada.

The MEA region shows a limited market with slow and steady growth due to the lack of technological development, lack of education, lack of awareness, and political instability.

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Key Players: The key players in the global industrial robotics market include ABB Ltd. (Switzerland), Bosch GmbH (Germany), Denso Corporation (Japan), Fanuc Corporation (Japan), Kawasaki Heavy Industries Ltd. (Japan), Kuka AG (Germany), Mitsubishi Electric Corporation (Japan), Rockwell Automation Inc. (USA), Toshiba Corporation (Japan), and Yaskawa Electric Corporation (Japan).

Latest Industry News:

Veo Robotics Inc. has introduced collaborative robot arms, known as Cobots. Cobots can help small and midsize enterprises. They can work alongside people more safely than traditional industrial automation. Cobots add multiple cameras and sensors to a work cell, combining 3D sensing through LiDAR with computer vision and artificial intelligence (AI). This enables larger robots to slow or stop around people but otherwise operate at full speed. 5 NOV 2018

uArm has been famous for selling robot arms to consumers at affordable prices like US $ 200. Now they have introduced a more capable, 7-axis arm that costs US $ 2,000. 20 NOV 2018

Canadian startup Omnirobotic is set to begin on-site field testing for its industrial painting robot to locations in Canada and the USA, with larger rollouts set to begin in early 2019. 30 NOV 2018

Table of Content:

Report Prologue

Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

2.3 Market Structure

Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

Market Factor Analysis

5.1 Value Chain Analysis/Supply Chain Analysis

5.2 Porters Five Forces

5.2.1. Bargaining Power Of Suppliers

5.2.2. Bargaining Power Of Customer

5.2.3. Intensity Of Competitor’s

5.2.4. Threat Of New Entrants

5.2.5 Threat Of Substitutes

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Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

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[iamaraja]

Industrial Robotics Market Global Demand, share Growth and Industry Analysis 2021

Industrial Robotics Market:

Industrial robotics comprises mechanical systems that are useful for various activities of industrial applications. Market Research Future (MRFR) has published a research report about the global industrial robotics market that observes a huge surge for this market at 14% CAGR (Compound Annual Growth Rate) between 2016 and 2022.

Get Free Sample Report:

https://www.marketresearchfuture.com/sample_request/1933

The primary factor driving the global industrial robotics market growth is high demand of robotics products in industrial application especially in manufacturing sectors, growing adoption of robotics in small & medium size organizations and growing investment by the automotive industry in technological advancement.

The global industrial robotics market has been segmented on the basis of application, end user, type, and lastly, region. The application-based segmentation segments this market into assembling, material handling, painting, palletizing, welding, and others. As per segmentation with regards to the end users, the market has been segmented into automotive, electronics, entertainment, food & beverage, rubber & plastic, pharmaceuticals, and others. By type, the market segmentation covers 6-axis robots, articulated, Cartesian, delta, dual-arm, parallel, redundant, selective compliance assembly robot arm, (SCARA) and others.

The regional segmentation of the global industrial robotics market segments the market into North America, Europe, Asia Pacific, and the Middle East & Africa. The Asia Pacific is the biggest regional market. Japan is the leading market in this region due to maximum technological advancement, followed by China and India. Japan alone is responsible for half of the market revenue due to its technological advancement. Another major country-specific market in this region is South Korea, followed by the remaining countries of the Asia Pacific region.

Europe is the second largest regional market due to the high density of population. Due to technological advancement, Western Europe is a bigger market than Eastern Europe. In this region, the strongest economies that can be perfect markets are France, Germany, Italy, Spain, and the UK, followed by the remaining countries of Europe.

North America is the third largest market due to technological advancement, the presence of many key market players, and many industries using robotic applications for activities like welding, packaging, and testing. The pressing country-specific markets in this region are the USA and Canada.

The MEA region shows a limited market with slow and steady growth due to the lack of technological development, lack of education, lack of awareness, and political instability.  

Key Players:

The key players in the global industrial robotics market include ABB Ltd. (Switzerland), Bosch GmbH (Germany), Denso Corporation (Japan), Fanuc Corporation (Japan), Kawasaki Heavy Industries Ltd. (Japan), Kuka AG (Germany), Mitsubishi Electric Corporation (Japan), Rockwell Automation Inc. (USA), Toshiba Corporation (Japan), and Yaskawa Electric Corporation (Japan).  

Latest Industry News:

Veo Robotics Inc. has introduced collaborative robot arms, known as Cobots. Cobots can help small and midsize enterprises. They can work alongside people more safely than traditional industrial automation. Cobots add multiple cameras and sensors to a work cell, combining 3D sensing through LiDAR with computer vision and artificial intelligence (AI). This enables larger robots to slow or stop around people but otherwise operate at full speed. 5 NOV 2018

uArm has been famous for selling robot arms to consumers at affordable prices like US $ 200. Now they have introduced a more capable, 7-axis arm that costs US $ 2,000. 20 NOV 2018

Canadian startup Omnirobotic is set to begin on-site field testing for its industrial painting robot to locations in Canada and the USA, with larger rollouts set to begin in early 2019. 30 NOV 2018

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[samarthj]

Collaborative Robots Industry Size, Share, Supply, Demand, Segments and Forecast 2027

The global collaborative robots market size is projected to reach USD 11,684.7 million by 2027, exhibiting a CAGR of 42.0% during the forecast period. Introduction of robotics technology in agriculture will create several opportunities, states Fortune Business Insights™ in its report, titled “Collaborative Robots Market Size, Share & COVID-19 Impact Analysis, By Payload Capacity (Upto 5 Kg, 6-10 Kg, 11 Kg and Above), By Application (Welding, Material Handling, Quality Testing, Painting/Spraying, Assembling, Others), By Industry (Automotive, Electronics & Semi-Conductors, Food & Beverages, Retail, Metal & Machining, Rubber & Plastic, Others), and Regional Forecast, 2020-2027”.

Agricultural productivity and efficiency can get substantially boosted with the deployment of advanced technologies such as collaborative robots, which can aid farmers in routine farming tasks. To that end, private organizations and academic institutions are developing innovative robots in a bid to bolster agricultural operations worldwide. For example, a Florida-based company, Harvest CROO, developed a strawberry-harvesting robot called Berry 5, which helps in picking and packing ripe berries at a pace significantly faster than humans. Similarly, researchers at the University of Cambridge developed “Vegebot”, a robot embedded with Machine Learning (ML) algorithms that enable it to harvest fresh lettuce and also allow it to decipher between ripe and diseased lettuce.

Some of the leading companies that are operating in the global market are:

Universal Robots

Rethink Robotics GmbH

Denso Wave Incorporated

Fanuc Corporation

Bosch Rexroth AG

ABB

Yaskawa America, Inc.- Motoman Robotics Div.

AUBO Robotics

Stäubli International AG.

K2 Kinetics

Regional Insights

Factory Automation Trends to Drive Market Growth in Europe

With a market size of USD 352.3 million in 2019, Europe is set to lead the collaborative robots market share in the coming years on the back of growing demand for automation of industrial production processes. Companies in this region are pumping large amounts of money in research & development activities to engineer advanced robotics solutions using Industry 4.0 technologies such as Artificial Intelligence (AI) and Internet of Things (IoT). This factor will crucial for the cobots market growth in the region.

In Asia Pacific, the primary growth drivers will be rapid expansion of the manufacturing sector in India and China and proliferation of small and medium enterprises in the region. In North America, strong governmental support to advanced manufacturing technologies and active adoption of smart factories will be the central factors propelling the market.

Industry Developments:

April 2020: OnRobot, the Danish collaborative robots specialist, released “Eye”, its next-gen 2.5D vision system. The system can work on an application based on a single image taken for part recognition and calibration, with its 2.5D vision allowing unrivalled depth perception.

February 2020: Universal Robots (UR) and Mobile Industrial Robots (MiR) announced investment of USD 36 million to acquire a building site in Odense. Backed by their US-based parent company Terdyne, UR and MiR will build the world’s biggest hub for these robots at the site.