Global Collaborative Robot (Cobot) Market Analysis Report 2019 – Segment, Top Players, Trends till 2024

The Global Collaborative Robot (Cobot) Market Growth 2019-2024 Report added by DecisionDatabases.com gives an in depth industry analysis of the market. It covers the costing, sales, revenue details and forecasts.

Collaborative robot (Cobots) is a robot intended to physically interact with humans in a shared workspace. In addition, a collaborative robot is less bulky and much easier to operate than other equipment when loads between 50 and 100 kilos must be handled. This is in contrast with other robots, designed to operate autonomously or with limited guidance, which is what most industrial robots were up until the decade of the 2010s. Cobots can have many roles — from autonomous robots capable of working together with humans in an office environment that can ask you for help, to industrial robots having their protective guards removed as they can react to a human presence under EN ISO 10218 or RSA BSR/T15.1.

Collaborative Robot (Cobot) are popular due to their high return on investment and low overall cost, attracting many small and medium sized enterprises (SMEs). Global manufactures mainly distributed in Europe, North America, Japan. Demand for Collaborative Robot (Cobot) is profoundly dependent on increase in automation industry. Universal Robots accounted for 58.04% of the global Collaborative Robot (Cobot) sales market share in 2017. Other players accounted for 12.70%, 12.59% including ABB and Kawasaki.

According to this study, over the next five years the Collaborative Robot (Cobot) market will register a 51.4% CAGR in terms of revenue, the global market size will reach US$ 4500 million by 2024, from US$ 370 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Collaborative Robot (Cobot) business, shared in Chapter 3.

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The key manufacturers covered in this report:

• Universal Robots
• Rethink Robotics
• ABB
• Fanuc
• KUKA
• Kawasaki

Segmentation by product type:

• Upto 5kg Cobot
• 5~10 kg Cobot
• Above 10kg Cobot

Segmentation by application:

• Automotive
• Electronics
• Metal and Machining
• Plastic and Polymers
• Food and Beverages
• Others

This report also splits the market by region:

• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC
• China
• Japan
• …….

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Research objectives

• To study and analyze the global Collaborative Robot (Cobot) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
• To understand the structure of Collaborative Robot (Cobot) market by identifying its various subsegments.
• Focuses on the key global Collaborative Robot (Cobot) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Collaborative Robot (Cobot) with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of Collaborative Robot (Cobot) submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.

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