#Robotics Market Size

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Asia Pacific Surgical Robotics Market Size and Share, Rising Trends, Revenue, Growth Drivers, CAGR Status, Challenges and Future Opportunities 2033

According to SPER Market Research, the report ‘Asia Pacific Surgical Robotics Market Size- By Type, By Application – Surgical robots are advanced medical devices widely utilized in the healthcare sector to aid surgeons in complex procedures. Their popularity stems from numerous benefits, such as unmatched precision, minimally invasive techniques, reduced scarring, enhanced visibility, and faster patient recovery. These robots are increasingly seen as the standard of care, with surgeons choosing them to improve procedure accuracy and patient outcomes. Additionally, surgical robots enhance surgeon ergonomics, reducing physical strain, increasing freedom of movement, enhancing visualization, and providing greater flexibility at the console.

Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ projects that the Asia Pacific Surgical Robotics Market will reach USD 5.51 billion by 2033, growing at a CAGR of 11.81%.

Key Market Drivers

The Asia-Pacific region is witnessing substantial growth in the surgical robotics market due to the evolution of medical procedures and healthcare infrastructure. Key factors include a rising preference for minimally invasive surgeries and growing awareness among medical professionals about the benefits of training, simulation, and continued medical education. Technological advancements are not only reshaping surgical techniques but also improving patient outcomes and reducing recovery times. With increasing acceptance of surgical robotics by healthcare providers, the Asia-Pacific region is establishing itself as a global leader in surgical robotics. This technology holds transformative potential for future healthcare by enhancing precision, productivity, and minimally invasive practices.

Market Challenges

Operating surgical robots requires highly specialized skills, demanding deep knowledge of both surgical procedures and robotic systems. However, there is a notable shortage of professionals in the Asia-Pacific region with these capabilities. The lack of adequate training programs and the high costs associated with acquiring these skills contribute to this shortage. Rapid advancements in surgical robotics also require ongoing training, adding further strain. This shortage of skilled operators poses a significant challenge for the growth of the surgical robotics market in Asia-Pacific, potentially limiting the region’s ability to meet the rising demand for robotic surgeries.

For a free sample report, visit: https://www.sperresearch.com/report-store/asia-pacific-surgical-robotics-market.aspx?sample=1

Impact of COVID-19

The COVID-19 pandemic significantly impacted the Asia-Pacific surgical robotics market, underscoring the need for modern healthcare technologies to address the crisis effectively. The pandemic accelerated the adoption of telemedicine and remote surgery, driving demand for robots capable of performing minimally invasive surgeries with minimal human intervention. However, economic challenges and postponed non-urgent procedures during the pandemic led healthcare facilities to delay investments in medical robotics.

In 2022, China led the Asia-Pacific surgical robotics market by market share. Key players in this sector include Stryker Corporation, Intuitive Surgical, Inc., Mazor Robotics, THINK Surgical Inc., among others.

Asia Pacific Surgical Robotics Market Segmentation

By Type: Based on the Type, Asia Pacific Surgical Robotics Market is segmented as; Surgical Systems, Instruments and Accessories, Services.

By Application: The Asia Pacific Surgical Robotics Market is divided into the following segments based on applications- Head and Neck Surgery, Orthopaedic Surgery, Cardiology Surgery, Gynaecology Surgery, Urology Surgery, and Other Surgeries.

By Region: This research includes data for China, Japan, India, South Korea, Australia, Indonesia, Others.

For More Information, refer to below link: -

Asia Pacific Surgical Robotics Market Outlook

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Surgical Robotics and Navigation Market to Hit $3.37 Billion by 2032

The global Surgical Robotics and Navigation Market was valued at USD 2.12 Billion in 2024 and it is estimated to garner USD 3.37 Billion by 2032 with a registered CAGR of 5.9% during the forecast period 2024 to 2032.

Are you looking for the Surgical Robotics and Navigation Market Research Report? You are at the right place. If you desire to find out more data about the report or want customization, Contact us. If you want any unique requirements, please allow us to customize and we will offer you the report as you want.

The global Surgical Robotics and Navigation Market can be segmented on the basis of product type, Applications, distribution channel, market value, volume, and region [North America, Europe, Asia Pacific, Latin America, Middle East, and Africa]. The Surgical Robotics and Navigation Industry 2024 report provides a comprehensive overview of critical elements of the industry including drivers, restraints, and management scenarios.

Download Sample PDF: @ https://www.vantagemarketresearch.com/surgical-robotics-and-navigation-market-1212/request-sample

Top Players

Medtronic , Stryker, GENERAL ELECTRIC COMPANY, Brainlab, B. Braun Melsungen AG, Johnson & Johnson Services, KARL STORZ SE & Co. KG, Zimmer Biomet, Fiagon AG Medical Technologies, XION GmbH, Collin SAS, Medrobotics Corporation, Titan Medical Inc., Verb Surgical Inc,

Trending 2024: Surgical Robotics and Navigation Market Report Highlights:

A comprehensive assessment of the parent Industry

Development of key aspects of the business

A study of industry-wide market segments

Evaluation of market value and volume in past, present, and future years

Evaluation of market share

Tactical approaches of market leaders

Innovative strategies that help companies to improve their position in the market

You Can Buy This Report From Here: https://www.vantagemarketresearch.com/buy-now/surgical-robotics-and-navigation-market-1212/0

Analysis Of The Top Companies, Product Types, and Applications In The Market Report:

This report provides sales, revenue growth rate, and verified information about the major players. Also includes a regional analysis and a labor cost analysis, tables, and figures. It also highlights characteristics such as technological growth. The product type segment is expected to continue to maintain its leading position in the future and capture a significant market share based on sales. This report provides analysis, discussion, forecast, and debate on key industry trends, market share estimates, Industry size, and other information. This report also discusses drivers, risks, and opportunities.

Global Surgical Robotics and Navigation Market report contains detailed data and analysis on the Surgical Robotics and Navigation Market drivers, restraints, and opportunities. Experts with market and industry knowledge as well as research experience from regional experts validate the report. The Surgical Robotics and Navigation Market report provides forecast, historical and current revenue for each industry, region, and end-user segment.

Regions Included

-North America [United States, Canada, Mexico]

-South America [Brazil, Argentina, Columbia, Chile, Peru]

-Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]

-Middle East & Africa [GCC, North Africa, South Africa]

-Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]

Global Surgical Robotics and Navigation Market report data will help you make more informed decisions. For example, in relation to prices, distribution channels are means of marketing or identifying opportunities to introduce a new product or service. These results will also help you make more informed decisions about your existing operations and activities.

Read Full Research Report with [TOC] @ https://www.vantagemarketresearch.com/industry-report/surgical-robotics-and-navigation-market-1212

You Can Use The Surgical Robotics and Navigation Market Report To Answer The Following Questions:

What are the growth prospects of the Surgical Robotics and Navigation Market business?

Who are the key manufacturers in the Surgical Robotics and Navigation Market space?

What Forecast Period for Global Surgical Robotics and Navigation Industry Report?

What are the main segments of the global Surgical Robotics and Navigation Market?

What are the key metrics like opportunities and market drivers?

The Surgical Robotics and Navigation Market Insights

Product Development/Innovation: Detailed Information On Upcoming Technologies, R&D Activities, And Product Launches In The Market.

Competitive Assessment: In-Depth Assessment Of Market Strategies, Geographic And Business Segments Of Key Market Players.

Market Development: Comprehensive Information On Emerging Markets. This Report Analyzes The Market For Different Segments In Different Regions.

Market Diversification: Comprehensive Information On New Products, Untapped Regions, Latest Developments, And Investments In The Surgical Robotics and Navigation Market.

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Global Autonomous Mobile Robots Market Forecast: Insights into Future Opportunities

The Autonomous Mobile Robots Market is expected to reach USD 4.1 billion by 2028 from USD 1.8 billion in 2023, at a CAGR of 17.5% during 2023–2028 according to a new report by MarketsandMarkets™. The significant growth factor associated with the Autonomous Mobile Robots Market growth is the growing adoption of Industry 4.0 and automation solutions in various industries, which has created a substantial demand for AMRs. Companies seek to optimize their operations by improving productivity and reducing labor costs by deploying autonomous mobile robots for material handling, logistics, and other tasks.

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Collaborative Robots Market Size, Share, and Trends Report 2030

The global collaborative robots (cobots) market was valued at USD 1.23 billion in 2022 and is expected to grow significantly at a compound annual growth rate (CAGR) of 32.0% from 2023 to 2030. This growth is largely driven by the increasing adoption of cobots in Small and Medium Enterprises (SMEs), where companies are investing in these robots to work alongside humans in shared spaces and automate manufacturing tasks. Technological advancements in cobot capabilities further fuel this growth, making them an appealing solution for SMEs.

The integration of artificial intelligence (AI) and machine learning (ML) in cobots is enhancing their adaptability, enabling cobots to learn from human operators and improve over time, which is greatly enhancing productivity and efficiency in various industries. Additionally, the advent of 5G technology is poised to stimulate cobot adoption, especially in manufacturing. An example of this is Nokia’s industrial-grade 5G wireless network designed to meet Industry 4.0 requirements. The low-latency connectivity of 5G enables Original Equipment Manufacturers (OEMs) to improve robotic automation, leading to significant gains in productivity, quality, and efficiency.

Gather more insights about the market drivers, restrains and growth of the Collaborative Robots Market

Cobots also contribute to workplace safety by reducing the number of workplace accidents, as they can handle repetitive or dangerous tasks, minimizing human exposure to hazardous conditions. Furthermore, cobots significantly improve product quality, which is driving their demand across multiple sectors. Industries such as electronics, automotive, logistics, machine tooling, packaging, and assembly are increasingly adopting cobots, positioning the market for sustained growth.

Retailers and e-commerce giants are also embracing robotic technologies, particularly in logistics and supply chain management. These companies are leveraging robotics to support warehouse operations, which helps improve speed, accuracy, and efficiency in managing logistics. The rising demand for cobots in logistics is anticipated to offer lucrative growth opportunities for the market in the coming years.

Application Segmentation Insights:

In terms of applications, the gluing and welding segment is expected to experience the highest CAGR over the forecast period. Cobots are gaining popularity in this segment due to the advantages they offer, such as reduced material waste, consistent quality, and increased output. This appeal is attracting attention from marketers and industry leaders. Meanwhile, the assembly segment captured a significant revenue share of approximately 23.0% of the collaborative robots’ market in 2022. The growth in this segment can be attributed to the use of cobots in handling simple and repetitive tasks as well as in supporting complex assembly operations.

The increasing demand for assembly-related activities, such as nut driving, bolting, insertion, and part fitting, from SMEs and large enterprises is driving growth in this segment. The use of cobots in assembly not only enhances productivity but also reduces the risk of injuries, making them a valuable asset for businesses aiming to streamline assembly processes safely.

The pick and place segment is projected to grow at a CAGR of around 31% over the forecast period. This growth is driven by the rising need for precision and efficiency in inventory handling, as cobots are widely used in pick-and-place applications across multiple industries to increase accuracy and minimize shrinkage. Cobots’ compact size and lightweight structure make them an ideal choice for facilities with limited space, further boosting their demand in this segment.

Order a free sample PDF of the Collaborative Robots Market Intelligence Study, published by Grand View Research.

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Collaborative Robots Market To Deliver Prominent Growth & Striking Opportunities

The global collaborative robots (cobots) market was valued at USD 1.23 billion in 2022 and is expected to grow significantly at a compound annual growth rate (CAGR) of 32.0% from 2023 to 2030. This growth is largely driven by the increasing adoption of cobots in Small and Medium Enterprises (SMEs), where companies are investing in these robots to work alongside humans in shared spaces and automate manufacturing tasks. Technological advancements in cobot capabilities further fuel this growth, making them an appealing solution for SMEs.

The integration of artificial intelligence (AI) and machine learning (ML) in cobots is enhancing their adaptability, enabling cobots to learn from human operators and improve over time, which is greatly enhancing productivity and efficiency in various industries. Additionally, the advent of 5G technology is poised to stimulate cobot adoption, especially in manufacturing. An example of this is Nokia’s industrial-grade 5G wireless network designed to meet Industry 4.0 requirements. The low-latency connectivity of 5G enables Original Equipment Manufacturers (OEMs) to improve robotic automation, leading to significant gains in productivity, quality, and efficiency.

Gather more insights about the market drivers, restrains and growth of the Collaborative Robots Market

Cobots also contribute to workplace safety by reducing the number of workplace accidents, as they can handle repetitive or dangerous tasks, minimizing human exposure to hazardous conditions. Furthermore, cobots significantly improve product quality, which is driving their demand across multiple sectors. Industries such as electronics, automotive, logistics, machine tooling, packaging, and assembly are increasingly adopting cobots, positioning the market for sustained growth.

Retailers and e-commerce giants are also embracing robotic technologies, particularly in logistics and supply chain management. These companies are leveraging robotics to support warehouse operations, which helps improve speed, accuracy, and efficiency in managing logistics. The rising demand for cobots in logistics is anticipated to offer lucrative growth opportunities for the market in the coming years.

Application Segmentation Insights:

In terms of applications, the gluing and welding segment is expected to experience the highest CAGR over the forecast period. Cobots are gaining popularity in this segment due to the advantages they offer, such as reduced material waste, consistent quality, and increased output. This appeal is attracting attention from marketers and industry leaders. Meanwhile, the assembly segment captured a significant revenue share of approximately 23.0% of the collaborative robots’ market in 2022. The growth in this segment can be attributed to the use of cobots in handling simple and repetitive tasks as well as in supporting complex assembly operations.

The increasing demand for assembly-related activities, such as nut driving, bolting, insertion, and part fitting, from SMEs and large enterprises is driving growth in this segment. The use of cobots in assembly not only enhances productivity but also reduces the risk of injuries, making them a valuable asset for businesses aiming to streamline assembly processes safely.

The pick and place segment is projected to grow at a CAGR of around 31% over the forecast period. This growth is driven by the rising need for precision and efficiency in inventory handling, as cobots are widely used in pick-and-place applications across multiple industries to increase accuracy and minimize shrinkage. Cobots’ compact size and lightweight structure make them an ideal choice for facilities with limited space, further boosting their demand in this segment.

Order a free sample PDF of the Collaborative Robots Market Intelligence Study, published by Grand View Research.

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Collaborative Robots Market expected to show significant growth over the forecast period

The global collaborative robots (cobots) market was valued at USD 1.23 billion in 2022 and is expected to grow significantly at a compound annual growth rate (CAGR) of 32.0% from 2023 to 2030. This growth is largely driven by the increasing adoption of cobots in Small and Medium Enterprises (SMEs), where companies are investing in these robots to work alongside humans in shared spaces and…

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Painting Robot Market by Mounting Type (Floor Mounted, Wall Mounted, Rail Mounted), Robot Type (Articulated, Cartesian, Scara, Collaborative), Function ,Payload, Reach, Paint Applicator, End-user Industry and Region - Global Forecast to 2029

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Industrial Robot Precision Reduction Gears Market Growth: Industry Analysis and Forecast 2031 | Market Strides

Industrial Robot Precision Reduction Gears Market Research Report

Market Strides has recently added a new report to its vast depository titled Global Industrial Robot Precision Reduction Gears Market. The report studies vital factors about the Global Industrial Robot Precision Reduction Gears Market that are essential to be understood by existing as well as new market players. The report highlights the essential elements such as market share, profitability, production, sales, manufacturing, advertising, technological advancements, key market players, regional segmentation, and many more crucial aspects related to the Industrial Robot Precision Reduction Gears Market.

Market Overview

Industrial Robot Precision Reduction Gears Market overview provides a snapshot of the current state of a specific market, highlighting key trends, growth drivers, challenges, and opportunities. It typically includes an analysis of the market size, competitive landscape, consumer demand, and regulatory factors. Additionally, the overview may touch on emerging technologies or innovations impacting the market, as well as projections for future growth. This concise summary helps businesses and investors understand the market dynamics and identify areas for strategic planning or investment.

Get Free Sample Report PDF @ https://marketstrides.com/request-sample/industrial-robot-precision-reduction-gears-market

Industrial Robot Precision Reduction Gears Market Share by Key Players

Nabtesco

Sumitomo Heavy Industries

SPINEA

Nantong Zhenkang

Wuhan Jinghua

Shuanghuan Chuandong

Zhongda Lide

Qinchuan Jichuang

HDSI

Leaderdrive

Beijing CTKM Harmonic Drive

BHDI

Zhejiang Laifual

Nidec-Shimpo

BENRUN Robot

Cone Drive

Industrial Robot Precision Reduction Gears Market Segmentation

The report on Global Industrial Robot Precision Reduction Gears Market provides detailed toc by type, applications, and regions. Each segment provides information about the production and manufacturing during the forecast period of 2024-2032. The application segment highlights the applications and operational processes of the industry. Understanding these segments will help identify the importance of the various factors aiding to the market growth.

The report is segmented as follows:

By Type

RV Precision Reduction Gears

Harmonic Precision Reduction Gears

By Application

Articulated Robots

Parallel Robots

SCARA Robots

Cylindrical Robots

Cartesian Robots

Get Detailed @ https://marketstrides.com/report/industrial-robot-precision-reduction-gears-market

Industrial Robot Precision Reduction Gears Market Frequently Asked Question

1) What are Industrial Robot Precision Reduction Gears Market and why are they important?

2) What is the future outlook for the Industrial Robot Precision Reduction Gears Market?

3) What are the Segments Covered in the Market?

4) Who are the prominent key players in the Market?

Key Highlights

It provides valuable insights into the Industrial Robot Precision Reduction Gears Market.

Provides information for the years 2024-2032. Important factors related to the market are mentioned.

Technological advancements, government regulations, and recent developments are highlighted.

This report will study advertising and marketing strategies, market trends, and analysis.

Growth analysis and predictions until the year 2032.

Statistical analysis of the key players in the market is highlighted.

Extensively researched market overview.

Buy Industrial Robot Precision Reduction Gears Market Research Report @ https://marketstrides.com/buyNow/industrial-robot-precision-reduction-gears-market

Contact Us:

Email : sales@marketstrides.com

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Understanding Swarm Robotics Market Market Size: Growth and Projections

Swarm Robotics Market Market Overview

Global Swarm Robotics Market Market Report 2024 presents critical information and factual data about the Swarm Robotics Market Market, providing an overall statistical study of this market on the basis of market drivers, market limitations, and its future prospects. The widespread Swarm Robotics Market market opportunities and trends are also taken into consideration in the industry. with growth trends, various stakeholders like investors, CEOs, traders, suppliers, research & media, the global manager, director, president, SWOT analysis, i.e., strengths, weaknesses, opportunities, and threats to the organization, and others.

According to Straits Research, global swarm robotics market size was valued at USD 1.2 billion in 2023 and is projected to reach from USD 1.49 billion in 2024 to USD 8.74 billion by 2032, growing at a CAGR of 24.71% during the forecast period (2024-2032).

While studying the Swarm Robotics Market market growth report, we completely studied the driving forces, development trends, restraints, obstacles, and profitable challenges to demonstrate the current and future market environment. Straits Research has given a thorough analysis that includes the key market strategies based on the most recent technologies, applications, and geographies around the world. The industry is predicted to grow significantly during the forecast period because to increased Swarm Robotics Market market demand.

Competitive Landscape

Some of the prominent players operating in the Swarm Robotics Market market are

Hydromea

SwarmFarm

Swarm Technology

Boston Dynamic

K-Team Corporation

Sentien Robotics

Berkeley Marine Robotics

Swisslog Holding AG

FARobot, Inc.

Get Free Request Sample Report @ https://straitsresearch.com/report/swarm-robotics-market/request-sample

The report can help to know the market and strategize for business expansion accordingly. The strategy analysis, gives insights from market positioning and marketing channels to potential growth strategies, providing in-depth analysis for brand new entrants or existing competitors within the industry. Global Swarm Robotics Market Market Report 2024 provides exclusive statistics, data, information, trends, and competitive landscape details during this niche sector.

Global Swarm Robotics Market Market: Segmentation

As a result of the Swarm Robotics Market market segmentation, the market is divided into sub-segments, the following are:

By Swarms Type

Homogeneous swarms

Heterogeneous swarms

By Applications

Search and Rescue

Security, Inspection & Monitoring

Mapping & Surveying

Environmental Remediation

Others

By End-User

Military & Defense

Industrial

Agriculture

Healthcare

Others

The report forecasts revenue growth at all geographic levels and provides an in-depth analysis of the latest industry trends and development patterns from 2024 to 2032 in each of the segments and sub-segments.

You can check In-depth Segmentation from here: https://straitsresearch.com/report/swarm-robotics-market/segmentation

Stay ahead of the competition with our in-depth analysis of the market trends!

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Key Highlights

The introduction, product type and application, market overview, market analysis by countries, market potential, market risk, and market driving forces are all used to explain the Swarm Robotics Market Market.

Examining the manufacturers of the Swarm Robotics Market Market in terms of their profile, main line of business, news, sales and price, revenue, and market share is the aim of this study.

In order to give a general picture of the competitive environment among the top manufacturers worldwide, including sales, revenue, and market share of Swarm Robotics Market percent

To provide an example of the market segmented by kind and application, together with sales, pricing, revenue, market share, and growth rate for each segment.

To conduct an analysis of the main regions by manufacturers, categories, and applications, covering regions such as North America, Europe, Asia Pacific, the Middle East, and South America, with sales, revenue, and market share segmented by manufacturers, types, and applications.

To investigate the production costs, essential raw materials, production method, etc.

About Straits Research

Straits Research is dedicated to providing businesses with the highest quality market research services. With a team of experienced researchers and analysts, we strive to deliver insightful and actionable data that helps our clients make informed decisions about their industry and market. Our customized approach allows us to tailor our research to each client's specific needs and goals, ensuring that they receive the most relevant and valuable insights.

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Collaborative Robots Market Size, Share, Growth and Industry Trends, 2030

The global collaborative robots market size is anticipated to reach USD 11.04 billion by 2030, exhibiting a CAGR of 32.0% over the forecast period, according to a new report published by Grand View Research, Inc. The growth can be credited to the growing inclination of industries toward collaborative robots or cobots to automate manufacturing processes.

Over the past few years, the growing interest in robot technology across various industries has positively impacted the collaborative robots industry. Unlike conventional industrial robots, cobots are developed to operate at par with their human counterparts. They are mobile and can be easily moved from one area of a manufacturing facility to another. Moreover, they can be programmed with ease, are more cost-effective than their fixed counterparts, and can be used in a wide range of low-speed, repetitive applications.

The increasing need for highly efficient and user-friendly robots that do not require highly skilled experts for deployment and functioning has created a significant demand for software platforms. These platforms allow the integration of robots, motion control, and the generation of an interface that enables the programming of such robots. For instance, Mitsubishi Electric Corporation has launched a cobot named MELFA ASSISTA equipped with RT VisualBox, the company’s engineering software. This software allows the intuitive creation of operating sequences by connecting block diagrams in a chain of events, including linking with other devices, such as cameras and the hands of the robot.

Gather more insights about the market drivers, restrains and growth of the Collaborative Robots Market

Detailed Segmentation:

Application Insights

The gluing & welding segment is expected to witness the highest CAGR over the forecast period, which can be attributed to various benefits offered by cobots such as reduced waste, increased consistency, quality, and output product gaining attention from marketers. The assembly application segment captured a sizeable revenue share of around 23.0% across the collaborative robots market in 2022, owing to the increased usage of cobots for combining easy and repetitive tasks and supporting complex assembly processes.

Payload Capacity Insights

The up to 5kg payload capacity segment held a revenue share of more than 44% in 2022 and is anticipated to show remarkable growth in the future owing to its wide range of attributes. They are light in weight and offer flexibility while optimizing low-weight collaborative processes such as picking, placing, and testing. The launch of advanced cobots in this payload capacity range is opening new growth opportunities for the market. For instance, in March 2021, Comau S.p.A. launched a cost-effective cobot named Racer-5 suitable for packaging and warehousing. This advanced cobot works at an industrial speed of up to 6 m/s and has a 5kg payload capacity which facilitates seamless operations.

Vertical Insights

The automotive segment accounted for a revenue share of more than 24% in 2022 and is expected to grow substantially over the forecast period. The growth can be largely attributed to the increased adoption of collaborative robots owing to their ability to reduce floor space and the cost of production downtime. In addition to this, they find important usage in spot and arc welding, assembling parts, painting, coating, etc. Furthermore, the implementation of collaborative robots helps the automotive industry to increase productivity, resulting in increased demand over the forecast period.

Regional Insights

Europe is a remunerative hub for collaborative robots and captured a significant revenue share of more than 30.0% in 2022. This can be chiefly credited to the enormous application of collaborative robots across various verticals, including logistics, electronics, and inspection. Moreover, various advantages such as efficient manufacturing optimization solutions and increased collaboration offered by automation at the workplace are also expected to support the market expansion.

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

• The global robotic platform market size was estimated at USD 9.97 billion in 2023 and is projected to grow at a CAGR of 5.9% from 2024 to 2030.

• The global drone charging station market size was estimated at USD 0.43 billion in 2023 and is expected to grow at a CAGR of 6.5% from 2024 to 2030.

Key Companies & Market Share Insights

The major companies operating in the collaborative robots industry are inclined to introduce innovative offerings to gain a competitive edge in the market. For instance, in February 2021, ABB Group expanded its collaborative robot portfolio with the introduction of the SWIFTI and GoFa cobot range, delivering higher speeds and payloads. This new range complements ABB’s cobot line-up of YuMi and Single Arm YuMi and is faster, stronger, and more capable.

It has been designed to support high-growth segments such as consumer goods, electronics, healthcare, logistics, food, and beverage, etc. Additionally, in November 2022, Epson America, Inc. announced the expansion of the VT6L-Series through the launch of the VT6L-DC All-in-One 6-Axis Robot. The newly launched product is ideal for mobile solutions and delivers next-level technology that helps to improve operational efficiency. 

Some prominent players in the global collaborative robots market include:

• ABB Group

• DENSO Robotics

• Epson Robots

• Energid Technologies Corporation

• F&P Robotics AG

• Fanuc Corporation

• KUKA AG

• MRK-Systeme GmbH

• Precise Automation, Inc

• Rethink Robotics, Inc

• Robert Bosch GmbH

• Universal Robots A/S

• Yaskawa Electric Corporation

• MABI Robotic AG

• Techman Robot Inc.

• Franks Emika Gmbh

• AUBO Robotics

• Comau S.p.A.

Collaborative Robots Market Segmentation

Grand View Research has segmented the global collaborative robots market based on payload capacity, application, vertical, and region:

Collaborative Robots Payload Capacity Outlook (Revenue, USD Billion, 2018 - 2030)

• Upto 5kg

• Upto 10kg

• Above 10kg

Collaborative Robots Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Assembly

• Pick & Place

• Handling

• Packaging

• Quality Testing

• Machine Tending

• Gluing & Welding

• Others

Collaborative Robots Vertical Outlook (Revenue, USD Billion, 2018 - 2030)

• Automotive

• Food & Beverage

• Furniture & Equipment

• Plastic & Polymers

• Metal & Machinery

• Electronics

• Pharma

• Others

Collaborative Robots Regional Scope (Revenue, USD Billion, 2018 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o Germany

o U.K.

o France

• Asia Pacific

o China

o Japan

o India

• South America

o Brazil

• Middle East and Africa

Order a free sample PDF of the Collaborative Robots Market Intelligence Study, published by Grand View Research.

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