Collaborative Robot Market is capable of performing multiple tasks, as assisted by the humans. In contrast, autonomous robots are built to perform same task repeatedly and work independently. Collaborative robots have additional features, such as safety monitored stop, hand guiding, speed & separation monitoring, and power & force limiting. There are various types of collaborative robots that are used in industries like safety monitored stop is used to stop the functioning of robot when the safety zone violates; hand guiding is used for path teaching and detection of applied forces; speed & separation monitoring is used for operations requiring frequent worker presence, and power & force limiting is used for the direct collaboration with workers.
Global collaborative robot market is projected to register a CAGR of 55.2% in the forecast period of 2019 to 2026.
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Competitive Analysis: Global Collaborative Robot Market
Some of the prominent participants operating in this market are ABB, Universal Robots A/S, Nachi Robotic Systems, Inc, Rethink Robotics, KUKA AG, FANUC Corporation, Robert Bosch GmbH, Kawasaki Heavy Industries, Ltd, Precise Automation, Inc., MRK-Systeme Gmbh, Energid Technologies Corporation, F&P Robotics AG, Productive Robotics, Inc., MABI ROBOTIC AG, Quanta Storage Inc., Franka Emika GmbH, AUBO Robotics, Techman Robots, Stäubli International AG, YASKAWA ELECTRIC CORPORATION, Comau S.p.A., Teradyne Inc., Automatica Kassow Robots, Vecna, Robotiq, OMRON Corporation among others.
Key Pointers Covered in the Global Collaborative Robot Market Trends and Forecast to 2026
- Global Collaborative Robot Market New Sales Volumes
- Global Collaborative Robot Market Replacement Sales Volumes
- Global Collaborative Robot Market Installed Base
- Global Collaborative Robot Market By Brands
- Global Collaborative Robot Market Size
- Global Collaborative Robot Market Procedure Volumes
- Global Collaborative Robot Market Product Price Analysis
- Global Collaborative Robot Market Healthcare Outcomes
- Global Collaborative Robot Market Cost of Care Analysis
- Global Collaborative Robot Market Regulatory Framework and Changes
- Global Collaborative Robot Market Prices and Reimbursement Analysis
- Global Collaborative Robot Market Shares in Different Regions
- Recent Developments for Global Collaborative Robot Market Competitors
- Global Collaborative Robot Market Upcoming Applications
- Global Collaborative Robot Market Innovators Study
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Segmentation: Global Collaborative Robot Market
- Global collaborative robot market is segmented into six notable segments which are component, solution, safety method, payload capacity, application and end user.
- On the basis of component, the market is segmented into hardware and software.
- In June 2018, the partnership between Universal Robots and ABB with Kawasaki has been announced for the development of a common interface for co-bots which would provide a human-robot interface with the properties like intuitive, smartphone-like navigation, and icons to simplify the solutions. This common interface will help addressing the challenge of skilled workforce shortage in industrial use.
- On the basis of solution, the market is segmented into safety light curtain, safety laser scanner, camera based 3D space monitoring system, and safe gripping.
- In January 2019, Techman Robot unveiled its latest robot applications Tokyo RoboDEX. These new applications include built-in visual features for vibration feeder, assembly line insertions and screw driving for the electronics industry. This combination of visual features improves the quality of 2D+3D applications and expands the industrial use.
Scope of the Collaborative Robot Market
- Global Collaborative Robot Market By Component (Hardware and Software), Solution (Safety light Curtain, Safety Laser Scanner, Camera Based 3D Space Monitoring System, Safe Gripping), Safety Method (Speed and Separation Monitoring, Power and Force Limiting, Safety-Rated Monitored Stop, Hand Guiding), Payload Capacity ( Up to 5kg, 5Kg to 10Kg, and Above 10Kg), Application (Material Handling, Quality Inspection, Pick and Place/ Drop, Packaging and Pelletizing, Machine Tending, Molding Operations, Gluing and Welding, Test and Inspection, Assembly, Polishing, Lab Analysis, Entertainment, and Others), End User (Electrical and Electronics, Furniture and Equipment, Automotive, Aerospace and Defence, Pharmaceuticals, Plastics and Polymers, Metals and Machining, Food and Beverages, Cosmetics, and Others), Geography (North America, Europe, Asia Pacific, Middle East and Africa, and Middle East and Africa) – Industry Trends and Forecast to 2026
- A collaborative robot is capable of performing multiple tasks, as assisted by the humans. In contrast, autonomous robots are built to perform same task repeatedly and work independently. Collaborative robots have additional features, such as safety monitored stop, hand guiding, speed & separation monitoring, and power & force limiting.
- Collaborative robots are being used in multiple verticals, which include supply chain management, manufacturing, and healthcare. Few force limited robot models are Universal Robots UR3, UR5, UR10, Rethink Robotics Baxter, Sawyer, KUKA LBR iiwa, ABB Yumi, Fanuc CR-35iA, and F&P Robotics among other robots. Global collaborative robot market is projected to register a CAGR of 55.2% in the forecast period of 2019 to 2026.
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Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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