The industrial cobot are used to interact with humans in a shared workspace. The increase investments in automation of manufacturing processes and the increase in adoption in the small and medium enterprises (SMEs) and are the key factors fueling the industrial cobot market growth. The emergence of robots working along with humans in areas like electronics product assembly and smart parts assembly further fuels the demand.
MARKET DYNAMICS
The increasing demand for automation, availability of affordable and energy-efficient industrial cobots, and the increase in investment in R&D activities are some of the significant factors driving the growth of the industrial cobot market. However, the high installation cost is one of the major factors which may restrain the growth of the industrial cobot market. Additionally, technological advancements allow developers to design innovative products while maintaining the affordability of the product, which is anticipated to bring new opportunities for the industrial cobot market.
MARKET SCOPE
The "Global Industrial Cobot Market Analysis to 2028" is a specialized and in-depth study of the industrial cobot market with a special focus on the global market trend analysis. The report aims to provide an overview of industrial cobot market with detailed market segmentation by application, end-use. The global industrial cobot market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading industrial cobot market players and offers key trends and opportunities in the industrial cobot market.
MARKET SEGMENTATION
The global industrial cobot market is segmented on the basis of application, end-use. On the basis of application, the market is segmented as material handling, machine tending, test/inspection, value added processing, transport. On the basis of end user, the market is segmented as electronics, automotive, industrial, aerospace & defense, healthcare, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global industrial cobot market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The industrial cobot market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting industrial cobot market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the industrial cobot market in these regions.
MARKET PLAYERS
The reports cover key developments in the industrial cobot market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from industrial cobot market are anticipated to lucrative growth opportunities in the future with the rising demand for industrial cobot market. Below mentioned is the list of few companies engaged in the industrial cobot market.
The report also includes the profiles of key industrial cobot market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ABB
- Epson America, Inc.
- FANUC America Corporation
- KAWADA Robotics Corporation
- KUKA AG
- NACHI-FUJIKOSHI CORP
- Staubli International AG
- Teradyne Inc.
- Universal Robots A/S
- YASKAWA ELECTRIC CORPORATION
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.