Global Cobots Market Outlook 2030
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The Global Cobots market : To surpass USD XX Billion by 2030, which is valued at XX billion in 2019 at a compound annual growth rate of XX%. The co-operating robot or cobot is designed physically to communicate with people in a common workspace. The growth driving force for growth is the growing acceptance in small and medium businesses (SMEs) and investment in manufacturing automation is expected to fuel the market growth. The introduction of robotics in areas such as the manufacturing of smart parts and the production of goods in the electronics industry further boosts the demand.
Cobots Market: Segments
Global market has been segmented on the basis of payload, application type. It has been further segmented on the basis of region into North America, Europe, Asia-Pacific, Mid East and Africa.By payload (in %), global Cobots Market, 2019
The up to 5kg segment is anticipated to register XX% of the volume share and is expected to grow at a highest CAGR.
Global Cobots Market is segmented by payload into: up to 5 Kg, up to 10 Kg and above 10 kg.
The versatility, lightweight and the capability of the system to optimize collaborative processes of low weight, including positioning, selection and testing is driving the market growth of this segment.
Because of their ability to handle larger tasks that require precision, reliability and coordination with heavier weight processes, Cobots with a capacity of over 10 kg are expected to see substantial growth.
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• User Friendly Application Implementing advanced robotic systems and the attributes of such technologies as user-friendliness and security are some of the drivers of global cobots development.
• High initial investment and rigorous training program
The main restrictions on the market are the strong initial investment in solutions and the rigorous training program for employees to interact with these robots, which require considerable time and investment and lead to reduced company adoption.
Global Cobots market is further segmented by region into:
• North America Market Size, Share, Trends, Opportunities, Y-o-Y
Growth, CAGR – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y
Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth,
CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium,
Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia,
Turkey and Rest of Europe
• APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth,
CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New
Zealand, Australia and Rest of APAC
• MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth,
CAGR – North Africa, Israel, GCC, South Africa
Global Cobots Market: Key Players
• ABB Group
-Key Product Offerings
-Key Performance Indicators
Browse our full report with Table of Content : https://www.bharatbook.com/marketreports/global-cobots-market-outlook-2030-industry-insights-opportunity-evaluation-2019-2030/2129173
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Last Update : Dec 14, 2020 11:08 PM
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