Global Smart Co-Robots market cagr 10.6%

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Smart Co-Robots

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Smart Co-Robots Market Size and Growth

The Smart Co-Robots market is experiencing significant growth, driven by increasing automation in industries like manufacturing and healthcare. Valued at approximately $1.5 billion in 2023, the market is projected to expand at a CAGR of 20% over the next five years, reflecting rising demand for collaborative robotic solutions. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ Universal Robots

◍ Techman Robot

◍ FANUC

◍ KUKA

◍ Doosan Robotics

◍ AUBO Robotics

◍ ABB

◍ YASKAWA

◍ Precise Automation

◍ Automata

◍ Kawasaki

The Smart Co-Robots Market features key players like Universal Robots, FANUC, and ABB, enhancing workplace efficiency. Companies develop user-friendly automation solutions, expand applications across industries, and foster innovation, thereby driving market growth. Selected sales figures: Universal Robots ($245 million), FANUC ($5.1 billion), ABB ($27 billion).

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Market Segmentation

By Application

Automotive

Electronic

Metals & Machining ◍ Plastics & Polymer

Food & Beverage ◍ Others

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By Product

Upto 5kg

5~10 kg

Above 10kg

Market Growth

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$ X Billion USD

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