Collaborative Robot Market Size and Forecast (2021-2027)| With Post Impact Of Covid-19 By Top Leading Players Murata Machinery (Japan), Mecalux (Spain), Vanderlande Industries (U.S.)
SUMMERY:
Market Research Future published a research report on “Collaborative
Robot Market Research Report- Global Forecast 2027” – Market Analysis, Scope,
Stake, Progress, Trends and Forecast to 2027.
Market Overview
Robotic automation has revolutionized the
manufacturing sector and is aiming to expand its reach to various other
industries. Cobots are gradually becoming a trend in the robotics sector due to
development in motion control technology. Cobots enabled with motion control
systems are capable of carrying out industrial tasks with greater accuracy
making them highly desirable among industrial sector. A major trend in the
healthcare industry is the adoption of UR5 cobot, manufactured by Universal
Robots, a Danish collaborative robot manufacturer. The UR5 cobot along with
human supervision performs handling and sorting of blood samples at the
Copenhagen University Hospital in Gentofte, Denmark. Cobots are deployed in
hospitals to monitor patients vital statistics, send alerts to nurses, enter
information into the patient electronic health records, undertaking simple
tasks such as drawing blood, dispense medications, and move objects in the
surroundings. Key market players in the Collaborative Robot Marketare investing
in integrating artificial intelligence, and machine learning with cobots that
drives the market growth.
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Key Players
The prominent players in the collaborative
robot are FANUC Corporation (Japan), Rethink Robotics (US), MRK-Systeme GmbH
(Germany), ABB (Switzerland), KUKA AG (US), Universal Robots A/S (Denmark),
Precise Automation, Inc. (US), Energid Technologies Corporation (US), F&P
Robotics AG (Switzerland), MABI AG (Switzerland), KAWADA Robotics Corporation
(Japan), Universal Robots (Denmark), Techman Robot (Taiwan), YASKAWA Electric
Corporation (Japan), and Robert Bosch GmbH (Germany).
Regional Analysis
The global market for collaborative robot is estimated to grow at a significant
rate during the forecast period from 2018 to 2023. The geographical analysis of
Collaborative Robot Marketis studied for North America, Europe, Asia-Pacific,
and the rest of the world. Among these Europe is accounted to hold the largest
market share in the Collaborative Robot Marketdue to increasing adoption of
cobots in countries such as Germany, the UK, France and Spain. The market
growth in Europe is also fueled by governments in the European countries
supporting the adoption of factory automation solutions and Industry 4.0 drive.
Key European market players such as ABB, Robert Bosch GmbH, KUKA AG and
MRK-Systeme GmbH, investing strongly in research and development of safe cobots
also triggers the market growth in this region. North America is expected to
hold the second largest share in cobot market due to increasing demand of
cobots in automotive, electronics & semiconductor, manufacturing,
healthcare and aerospace industries in the US, Canada, and Mexico. Asia-Pacific
collaborative market is expected to grow at a higher rate due to the presense
of a large number of manufacturing, consumer electronics, and food &
beverage companies in this region. Asia-Pacific region is also expected to
witness growing demand for automation in countries such as China, Japan,
Malaysia, Singapore, and India.
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