Collaborative Robots Market Size, Industry Share and Growth Rate 2019-2026

Collaborative Robots Market Size, Share & Industry Analysis, By Payload Capacity (Upto 5 Kg, 6-10 Kg, 11 Kg and Above), By Application (Welding, Material Handling, Quality Testing, Painting/Spraying, Assembling, Others),

By Industry (Automotive, Electronics & Semi-Conductors, Food & Beverages, Retail, Metal & Machining, Rubber & Plastic, Others) and Regional Forecast, 2019-2026

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Published Date: April 2019

Region: Global

Report Format: PDF

Base Year: 2018

Fortune Business Insights Pvt Ltd.

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Collaborative Robots Market Size, Share & Industry Analysis, By Payload Capacity (Upto 5 Kg, 6-10 Kg, 11 Kg and Above), By Application (Welding, Material Handling, Quality Testing, Painting/Spraying, Assembling, Others), By Industry (Automotive, Electronics & Semi-Conductors, Food & Beverages, Retail, Metal & Machining, Rubber & Plastic, Others) and Regional Forecast, 2019-2026

Report Highlights: The global collaborative robots market is likely to derive growth from recent technological advancements in manufacturing of the products. According to a report published by Fortune Business Insights, titled “Collaborative Robots Market Size, Share & Industry Analysis, By Payload Capacity (Upto 5 Kg, 6-10 Kg, 11 Kg and Above), By Application (Welding, Material Handling, Quality Testing, Painting/Spraying, Assembling, Others), By Industry (Automotive, Electronics & Semi-Conductors, Food & Beverages, Retail, Metal & Machining, Rubber & Plastic, Others) and Regional Forecast, 2019-2026,� the market size was USD 1.57 billion in 2018 and is projected to reach USD 23.59 billion by 2026, exhibiting a CAGR of 40.7% during the forecast period.

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Fortune Business Insights Pvt Ltd.

Collaborative Robots Market Size, Share & Industry Analysis, By Payload Capacity (Upto 5 Kg, 6-10 Kg, 11 Kg and Above), By Application (Welding, Material Handling, Quality Testing, Painting/Spraying, Assembling, Others), By Industry (Automotive, Electronics & Semi-Conductors, Food & Beverages, Retail, Metal & Machining, Rubber & Plastic, Others) and Regional Forecast, 2019-2026

High Investment and Automated Concepts Have Ignited Several Product Innovations The potential held by collaborative robots has attracted several investors in recent years. Increased investments have subsequently led to several product innovations. Recent product innovations, with regard to operational time, precision, and efficiency will aid the growth of the market in the coming years. The report highlights a few of the leading products of recent years and discusses their impact on the market. In September 2019, Universal Robots announced the launch of a new robotic model aimed at handling heavy payloads. The company introduced the UR16e, a system that can handle almost 16 kg of payloads and subsequently serve large-scale industrial purposes. Universal’s latest model will help the company generate substantial collaborative robots market revenue in the coming years. Additionally, this model will have a direct impact on the growth of the market.

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Fortune Business Insights Pvt Ltd.

Collaborative Robots Market Size, Share & Industry Analysis, By Payload Capacity (Upto 5 Kg, 6-10 Kg, 11 Kg and Above), By Application (Welding, Material Handling, Quality Testing, Painting/Spraying, Assembling, Others), By Industry (Automotive, Electronics & Semi-Conductors, Food & Beverages, Retail, Metal & Machining, Rubber & Plastic, Others) and Regional Forecast, 2019-2026

Top Players Mentioned • • • • • • • • • •

Universal Robots Rethink Robotics GmbH Denso Wave Incorporated Fanuc Corporation Bosch Rexroth AG ABB Yaskawa America, Inc.- Motoman Robotics Div. AUBO Robotics Stäubli International AG. K2 Kinetics

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Collaborative Robots Market Size, Share & Industry Analysis, By Payload Capacity (Upto 5 Kg, 6-10 Kg, 11 Kg and Above), By Application (Welding, Material Handling, Quality Testing, Painting/Spraying, Assembling, Others), By Industry (Automotive, Electronics & Semi-Conductors, Food & Beverages, Retail, Metal & Machining, Rubber & Plastic, Others) and Regional Forecast, 2019-2026

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