Global Collaborative Robots Market Size Study, By Payload Capacity, By Application, By Industry and Regional Forecasts 2018-2025 Bharat Book Bureau Provides the Trending Market Research Report on “Global Collaborative Robots Market Size Study, By Payload Capacity (Up to 5kg, 5kg to 10kg, Above 10kg), By Application (Machine Tending, Assembly, Handling, Gluing & Welding, Quality Testing, Pick & Place, Packaging), By Industry (Pharmaceuticals, Food & Beverage, Plastic & Polymers, Electronics, Metal & Machinery, Others) and Regional Forecasts 2018-2025� under Automotive category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. Global Collaborative Robots Market is valued at approximately USD 770 million in 2017 and is anticipated to grow with a healthy growth rate of more than 36.41 % over the forecast period 2018-2025. Collaborative robots are used as an assistor or as a guide to support human beings in certain job. Cobots are yielding several productivity gains in factory operations. These collaborative robots are widely used among different industries for variety of operation such as in packaging, pick and place, painting, food handling and others. The evolution of Industry 4.0 and Industrial Internet of Things has brought has prompted the adoption of advanced automation solutions across the industries. Advanced automation technologies such as collaborative robots hold the potential to significantly hasten production and lower the manufacturing costs. Low cost of cobots coupled with high ROI from the different end use industries are key factors fueling the market growth. Furthermore, increasing trend of industrial automation to improve process quality, consistency and throughput are anticipated to create several lucrative opportunities for collaborative robot market. The global supply of industrial robots in 2009 was valued at 60,000 units which has now increased up to USD 345000 units in 2017. Additionally, the accelerating automotive industry and increasing demand pharmaceutical sector are expected to drive market growth. However, high overall installation cost associated with collaborative robots is anticipated to hinder the market growth during the forecast period. Request a free sample copy of Collaborative Robots Market Report @ https://www.bharatbook.com/marketreports/sample/reports/1533346 The regional analysis of global collaborative robots market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region