Cobots Market to Grow at a CAGR 38.5% from 2022 to 2027

[Neha Ambore]

The new report titled ‘Global Cobots Market,’ published by Emergen Research is a vivid presentation of the global Cobots market, with utmost focus on the forecast market size, share, value, and volume over the projected timeline. The report throws light on the current economic landscape of this business vertical and evaluates the top market trends. It has been compiled through significant primary research, including surveys, interviews, and expert analysts’ observations. It features insightful qualitative and quantitative assessments of the Cobots industry, gathering industry-verified data from the value chain analysis. The report, additionally, examines the prevailing trends in the market, along with the macro- and micro-economic indicators. The report delivers a deep understanding of the key aspects of the Cobots market, for instance, import and export dynamics, production and consumption rates, and consumer bases across the major market regions. Thus, the report concludes with the essential market statistics presented in a tabular format to help readers get a clear idea of the global market dynamics.

The global cobots Market is expected to reach USD 9342.8 Million by 2027, according to a new report by Emergen Research. Cobots or Collaborative robots are revolutionizing the human-robot interactions in various end-user industries, including automotive manufacturing, electronics, food & beverage, plastics & polymers, furniture & equipment, healthcare, and logistics industries, among others. Cobots help by functioning side-by-side the human workforce, thereby reducing cost, time, and floor space when compared to traditional robots. Cobots find extensive usage in applications that require precision and helps in achieving a faster return on investment (ROI). For instance, the Franka Emika Panda cobot can perform its operations with a precision of 0.1 mm, as well as its does not stray from its activities and will continuously function with the specified constraints such as in case of the task associated screw tightening, cobots will always accomplish it with the identical pressure and tension ascertaining quality consistency.

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This report is the latest document discussing the current economic situation gravely impacted by the COVID-19 outbreak in detail. The global health emergency has led to massive changes in the global economy and the Cobots business sphere. The current scenario of this ever-evolving business vertical has been clearly depicted in the report, which contains a broad analysis of the pandemic’s present and future effects.

Report Highlights:

• Besides offering a vivid depiction of the global Cobots business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
• The report includes information on the present and historical market scenarios, which helps forecast the market conditions.
• The report scrutinizes the salient factors influencing the growth of the market in the near future.
• The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.

Major Geographies Covered in the Report:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Cobots market expected to boost the growth of the industry in the coming years.

Cobots Market Segmentation:

• Payload Capacity Outlook (Revenue, USD Billion; 2017-2027)

• • Less than 5 Kg
  • 5 Kg to 10 Kg
  • Above 10 Kg

• Application Outlook (Revenue, USD Billion; 2017-2027)

• • Handling
  • Assembling & Disassembling
  • Dispensing
  • Welding & Soldering
  • Processing
  • Others

• End Users Outlook (Revenue, USD Billion; 2017-2027)

• • Automotive
  • Electronics
  • Plastics & Polymers
  • Furniture & Equipment
  • Metals & Machining
  • Food & Beverages
  • Healthcare
  • Others

Competitive Outlook:

The latest research report is inclusive of a precise summary of the intensely competitive landscape of the global Cobots market. It offers a systematic presentation of the company profiles of the leading market players. This section of the report analyzes the effective initiatives undertaken by these players for business expansion in the long run. In addition, this section highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have been assessed using certain effective analytical tools, such as Porter’s Five Forces analysis and SWOT analysis.

The report also discusses the key players involved in the market such as

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

For more details of the Cobots Market Report, visit @ https://www.emergenresearch.com/industry-report/cobots-market

Global Cobots Market Highlights:

• Regional demand estimation and forecast
• Product Mix Matrix
• R&D Analysis
• Cost-Benefit Analysis
• Pre-commodity pricing volatility
• Supply chain optimization analysis
• Technological updates analysis
• Raw Material Sourcing Strategy
• Competitive Analysis
• Mergers & Acquisitions
• Location Quotients Analysis
• Carbon Footprint Analysis
• Patent Analysis
• Vendor Management

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

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