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Classified in: Mining industry, Covid-19 virus
Subject: MRR

Collaborative Robots Market to Record Growth of $ 1.09 Bn during 2021-2025|Technavio


NEW YORK, Sept. 27, 2021 /PRNewswire/ -- The collaborative robots market is set to grow by USD 1.09 billion, progressing at a CAGR of 16.08% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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Scope of Collaborative Robots Market Report:

Report coverage

Details

Base Year

2020

Forecast Period

2021-2025

Incremental Growth

$ 1.09 billion

CAGR

Accelerating at 16.08%

No. of Pages

120

Segmentation

By geography:-

·         Europe

·         APAC

·         North America

·         South America

·         MEA

By application:-

·         Material handling

·         Assembly

·         Inspection and testing

·         Welding

·         Painting and dispensing

Drivers

·         Increased adoption rate in SME sector

·         Advantages of collaborative robots over industrial robots

·         Acquisitions and strategic partnerships among key market players

Challenges

·         Regulatory hurdles faced by vendors

·         Traditional industrial robots equipped with required safety systems

·         Threat to new sales due to rise in rental services

The increased adoption rate in the SME sector will offer immense growth opportunities. However, to leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

Collaborative Robots Market 2021-2025: Segmentation

Collaborative Robots Market is segmented as below:

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Collaborative Robots Market 2021-2025: Vendor Analysis and Scope

To help businesses improve their market position, Technavio's collaborative robots market report provides a detailed analysis of vendors operating in the market. The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., FANUC Corp., Festo SE and Co. KG, Fiat Chrysler Automobiles NV, Hans Laser Technology Industry Group Co. Ltd., Kawasaki Heavy Industries Ltd., Robert Bosch GmbH, Staubli International AG, Teradyne Inc., and Yaskawa Electric Corp. are some of the major market participants.

The report also covers the following areas:

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Backed with competitive intelligence and benchmarking, our research report on the collaborative robots market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

Related Reports:

Foundry and Forging Robots Market by End-user and Geography - Forecast and Analysis 2021-2025

Mobile Robots Market in Healthcare and Hospitality Sectors by End-user, Product, and Geography - Forecast and Analysis 2021-2025

Collaborative Robots Market 2021-2025: Key Highlights

Table of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Application

Customer landscape

Geographic Landscape

Vendor Landscape

Vendor Analysis

Appendix

Technavio's in-depth market research reports now include a thorough analysis of the COVID-19 impact on various markets to help industry leaders navigate their business through the new normal.  Receive Latest Free Sample Report in Minutes 

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio


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