Details:The Asia-Pacific Collaborative Robot Market Growth Globally at a rate of 45.9% in the forecast period 2022 to 2028.
The Asia-Pacific Collaborative Robot Market Size
The collaborative robot market is segmented on the basis of component, solution, safety method, payload capacity, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
On the basis of component, the collaborative robot market is segmented into hardware and software.
On the basis of solution, the collaborative robot market is segmented into safety light curtain, safety laser scanner, camera based 3D space monitoring system, and safe gripping.
On the basis of safety method, the collaborative robot market is segmented into speed and separation monitoring, power and force limiting, safety-rated monitored stop, and hand guiding.
On the basis of payload capacity, the collaborative robot market is segmented into up to 5kg, 5Kg to 10Kg, and above 15Kg.
On the basis of application, the collaborative robot market is segmented into 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.
On the basis of end user, the collaborative robot market is segmented into electrical and electronics, furniture and equipment, automotive, aerospace and defense, pharmaceuticals, plastics and polymers, metals and machining, food and beverages, cosmetics, and others.
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Market Analysis and Insights - Asia-Pacific Collaborative Robot Market
Growing focus on the technological advancements by the major manufacturers, rising application by the food and beverages industry especially in the developing economies, and growing demand for automotive applications owing to the increased production of automobiles are the major factors attributable to the growth of the collaborative robot market. Data Bridge Market Research analyses that the collaborative robot market will exhibit a CAGR of 45.9% for the forecast period of 2021-2028.
Collaborative robots are the robots that are capable of handling multiple tasks a single point of time. Collaborative robots are designed in a way that works on the same task repeatedly but independently. Collaborative robots are used in a wide range of industry verticals owing to features offered by them such as hand guiding, speed and separation monitoring, and power and force limiting.
Rising demand for advanced equipment in electronics and automotive will emerge as the major market growth driving factor. Growing rate of industrialization especially in the developing economies, surging return on Investment (ROI) derived from the deployment of industrial collaborative and acceleration in implementation of IT and IOT technologies in various operations will further aggravate the market value. Growing demand for automation in healthcare industry and rising availability of software packages to provide important value addition will further carve the way for the growth of the market.
However, dearth of knowledge and technological expertise and lack of awareness in the backward economies will act as a growth restraint for the market. Traditional industrial robots are better equipped to handle heavier and larger materials and this will further dampen the growth rate of the market. Payload and speed limitations of collaborative robots owing to their inherent design and global crisis in the manufacturing sector and supply chain materials will further challenge the market growth rate.
This collaborative robot market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on collaborative robot market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
The Asia-Pacific Collaborative Robot Market Country Level Analysis
The collaborative robot market is analysed and market size, volume information is provided by country, component, solution, safety method, payload capacity, application and end user as referenced above.
The countries covered in the collaborative robot market report are China, Japan, India, South Korea, Australia, Singapore, Indonesia, Thailand, Malaysia, Philippines and Rest of Asia Pacific.
Emerging economies like India, South Korea, Taiwan and China in Asia-Pacific dominate the fuse market and will continue to flourish its trend of dominance during the forecast period. This is because of the growing industrialization, rapid emphasis on the miniaturization trend in the electronics industry, increased demand in the adoption level of collaborative robots by the automotive industry and rising focus on technological innovations.
The Asia-Pacific Collaborative Robot Market Share Analysis
The collaborative robot market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to collaborative robot market.
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Key Players Asia-Pacific Collaborative Robot Market
The major players covered in the collaborative robot market report are ABB, Universal Robots, 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 Inc., and OMRON Corporation among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
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