Key companies covered in the global collaborative robots market research report by Research Nester are Fanuc Corporation, TechMan Robot Inc., Rethink Robotics GmbH, Universal Robot A/S, AUBO Robotics USA, ABB Ltd., Denso Corporation, Yaskawa America, Inc., Bosch Rexroth AG, Staubuli International AG, and other key market players.
New York, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Research Nester has published a detailed market report on ‘Global Collaborative Robots Market’ for the forecast period, i.e. 2022-2030 which includes the following factors: Electric Grommet Machine
Market growth over the forecast period
Key market players and their detailed profiling
Global Collaborative Robots Market Size:
The global collaborative robots market is estimated to grow at a CAGR of ~42% over the forecast period, i.e., 2022-2030. The market generated a revenue of ~USD 1 Billion in the year 2021 and is further expected to touch ~USD 18 Billion by the end of 2030. The growth of the market can be attributed to increasing production in automotive sector. Sales of electric vehicles nearly quadrupled from 2020 to 2021, reaching 6.6 million (a sales share of about 9%), increasing the overall number of electric vehicles on the road to 16.5 million. Cobots, or collaborative robots, have opened up new options for the automotive industry, including the deployment of robots next to workers without the need for fence. Cobots enable producers to release workers from boring, hazardous, and dirty jobs. In addition, cobots are accessible around-the-clock. Get a Sample PDF Brochure: https://www.researchnester.com/sample-request-3584
These collaborative robots are also used is various other verticals such as food & beverages, electronics, plastic, and more. Additionally, cobots require artificial intelligence derived skills in order to make analysis and take better decision. Companies reported employing AI in their operations in 35% of cases, while 42% said they are investigating it in other cases. The adoption of AI has increased significantly, by four points since 2021.
Global Collaborative Robots Market: Key Takeaways
North America region to hold the largest share
Automotive Segment to propel highest growth
Asia Pacific region to grow significantly during forecast period
Rising Need to Reduce Number of Workplace Accidents to Boost Market Growth According to the International Labor Organization (ILO), there are 160 million nonfatal work-related illness cases per year. According to these statistics, 860,000 individuals are wounded at work every year, and 6,400 people die from occupational diseases or accidents. Hence collaborative robots are used, therefore boosting the demand for the market. Also when warehouse managers want to increase output without having to hire new employees and go through the on boarding process with them, they frequently prefer to invest in automation solutions. Robots help to meet production demands while also lowering workplace accidents caused by lifting, falls, and other risks. For more information in the analysis of this report, visit: https://www.researchnester.com/reports/collaborative-robot-market/3584
Further there has been growing investment in collaborative robots which is expected to drive the growth of the market. For instance, in 2020, an approximately 400 robots were installed per 10,000 workers in the manufacturing sector in Japan, placing it third in the world. Collaborative robots includes various advantages such as safety, speed, consistency, perfection, and more. Hence they are more preferred by the organization. When humans and robots collaborate, manufacturing processes are quicker, more cost-effective, and more efficient. Also they boost employment opportunity as it requires skilled workers to operate these robots.
Global Collaborative Robots Market: Regional Overview The global collaborative robots market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa region. Growing Automotive Production to Drive Market Growth in Asia Pacific Region The collaborative robots market in Asia Pacific region is estimated to witness noteworthy growth over the forecast period. The growth of the market in this region can be attributed to the growing automotive production. In India, approximately 2,081,140 passenger cars, three-wheelers, two-wheelers, and quadricycles were produced in total as of June 2022. Further, growing automation of manufacturing processes, and growing demand for light-weighted market is expected to boost the market. Get a Sample PDF of Collaborative Robot Market Report@ https://www.researchnester.com/sample-request-3584
Rising Remunerative Hub for Collaborative Robots to Favour the Growth of the Market in North America Region The market in the North America region is estimated to acquire the largest share over the forecast period, backed by growing remunerative hub for collaborative robots, along with the growing adoption of industrial robots in the region. According to the statistics by the International Federation of Robotics (IFR), in the Americas, 50712 industrial robots were installed in the year 2021, which was an increase by 31% than the year 2020. The U.S. witnessed new installations of 34987 units in 2021, which was an increase by 14%.
The study further incorporates Y-O-Y growth, demand & supply and forecast future opportunity in:
North America (U.S., Canada)
Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe)
Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific)
Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa).
Global Collaborative Robots Market, Segmentation by End User
The automotive segment is anticipated to garner the largest revenue by the end of 2030, backed by growing automotive industry. Also there has been growing vehicle penetration which could also contributed to the growth of the market. For instance, by 2025, it is anticipated that there would be approximately 70 automobiles per 1000 persons. For more insights on the market share of various regions: https://www.researchnester.com/sample-request-3584
Global Collaborative Robots Market, Segmentation by Payload
The up to 5 kg segment is anticipated to hold the largest revenue by the end of 2030. The growth of the segment can be attributed to growth its wide range of attribute. They optimise low-weight collaborative activities including picking, positioning, and testing while being lightweight and flexible. Further the launch of advanced cobots is also expected to boost the market growth. As an illustration, Comau S.p.A. introduced Racer-5, a cobot that is affordable and suited for packaging and storage, in March 2021.
Few of the well-known market leaders in the global collaborative robots market that are profiled by Research Nester are Fanuc Corporation, TechMan Robot Inc., Rethink Robotics GmbH, Universal Robot A/S, AUBO Robotics USA, ABB Ltd., Denso Corporation, Yaskawa America, Inc., Bosch Rexroth AG, Staubuli International AG, and other key market players.
Do You Have Any Query Or Specific Requirement?
Recent Development in Global Collaborative Robots Market
On April 2020, ABB Ltd. announced that it has launched a block-based programming interface known as ‘Wizard Easy Programming’. With the launch of this programming interface, the organization aims to make programming its single arm YuMi cobot more intuitive.
On September 2019, Universal Robots announced that it has launched a brand-new collaborative robot model, named as UR16e. This robot is designed for heavy payload application for tackling heavy duty tasks effectively.
Explore Our Recent Related Reports:
Hydraulic Filters Market Segmentation By End-Use Industry (Mining Industry, Construction Industry, Aerospace Industry, Automotive, Marine Industry, Petrochemical Industry, Agriculture & Others); By Vehicle Type (Passenger Vehicle & Commercial Vehicle); By Channel (OEM & Aftermarket); By Material (Wire Mesh, Micro Glass, Metal Screen & Synthetics); By Type (Magnetic Filter, Bag Filter & Screen Filter) – Global Demand Analysis and Opportunity Assessment 2018-2027 Cofferdams Market Segmentation By Product (Earth Fill, Sand Bag, Rock Fill, Timber Rock, Cellular, Movable, Single Wall and Double Wall); By Purpose (Temporary and Permanent); By End User (Civil Engineering, Transport Engineering, Water Engineering, Port Construction) - Global Demand Analysis & Opportunity Outlook 2028 Injection Molding Machine Market Segmentation By Product Type (Plastic, Rubber, Metal and Ceramic); By Machine (Hydraulic, Electric and Hybrid); By Clamping Force (<200, 201-500 and >500) and By End User (Automotive, Packaging, Consumer Goods, Electronics and Healthcare) – Global Demand Analysis & Opportunity Outlook 2028 3D Concrete Printing Market Segmentation By Mix Type (Shotcrete, Ready-Mix Concrete, Lime Crete, Stamped Concrete And Others); By Technique (Powder-Based and Extrusion-Based); By Offering (Printing Services and Materials); By End User (Industrial Infrastructure, Buildings And Others);– Global Demand Analysis & Opportunity Outlook 2028 Soundproof Curtains Market Segmentation By Type (Sound-insulating, Sound-reducing and Sound-blocking); By Material (Glass Wool, Rock Wool, Fiber Glass, Natural Fabrics and Plastic Foam); By Header Style (Grommet, Hooks, Pleated and Others); By Application (Home Theatres, Schools, Churches and Office Spaces) and By End User (Residential, Commercial and Industrial)– Global Demand Analysis & Opportunity Outlook 2028
Research Nester is a one-stop service provider with a client base in more than 50 countries, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives for their future investment while avoiding forthcoming uncertainties. With an out-of-the-box mindset to produce statistical and analytical market research reports, we provide strategic consulting so that our clients can make wise business decisions with clarity while strategizing and planning for their forthcoming needs and succeed in achieving their future endeavors. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds.
Contact for more Info: AJ Daniel Email: firstname.lastname@example.org U.S. Phone: +1 646 586 9123 U.K. Phone: +44 203 608 5919
For More Update Follow: - LinkedIn | Twitter | Facebook | Xing
Pros warn there are “just as many who have lost” trying to game the strategy. Here's what you may want to do instead.
CFRA Research Senior Equity Analyst Angelo Zino joins Yahoo Finance Live to evaluate Snap earnings and the outlook for the social media platform.
Dan Loeb, founder and CEO of the New York-based asset management firm Third Point, has built a reputation for active investing and staking out aggressive market stances – and it’s a strategy that has worked for him. Since founding his fund in 1995, Loeb has built it into a Wall Street giant, with some $16 billion in total assets under management. While Loeb may be aggressive in his investment tactics, he keeps himself firmly rooted in reality, and his recent client letter has taken clear note of
More than 160 people are losing their jobs as Meta cuts back on its once-ubiquitous tech bus shuttles.
Elon Musk took out the carrot. The CEO of Tesla tried on October 19 to reassure the electric vehicle maker's shareholders after a completely disastrous first half of October for Tesla shares. Tesla shares have lost 16.3% since September 30, which translates into a decline in market value of approximately $135 billion.
During a 72-hour stretch this coming week, tech companies representing 25% of the market will report earnings. What to watch.
Shares of onetime cellphone giant now turned telecommunications infrastructure company Nokia (NYSE: NOK) plunged after it reported an earnings miss this morning. Analysts had forecast Nokia would earn "comparable" operating profits of 690.6 million euros ($676 million) in its fiscal third-quarter report, but Nokia reported a comparable operating profit of only 658 million euros. As of 12:35 p.m. ET, Nokia stock is down 7.8%.
Some investors believe Treasury yields are close to peaking, even as markets continue pricing in more hawkishness from a Federal Reserve bent on taming the worst inflation in decades. It's a refrain that has been heard more than once in 2022, as a steep selloff in Treasuries steamrolls investors who bet markets would soon reverse, while battering stocks and fueling the dollar’s climb. The tumble in bonds has intensified in recent days, as U.S. Treasury yields - which move inversely to prices - hit their highest levels since the 2008 global financial crisis on concerns that the Fed would need to raise rates more aggressively to bring down consumer prices.
(Bloomberg) -- Cathie Wood bought more Tesla Inc. shares as the stock tumbled after the electric-vehicle bellwether reported lackluster quarterly sales and said it will miss broad annual growth targets for the year.Most Read from BloombergChina Summons Chip Firms for Emergency Talks After US CurbsTrump Deposed in Suit by Investors Claiming Fraud in ‘Apprentice’ Videophone PitchesLiz Truss Odds: The Front-Runners to Replace the Prime MinisterWeed Is Coming to Circle K Gas Stations in US Next Year
‘Rich Dad Poor Dad’ is sounding the alarm — again.
Yahoo Finance's Akiko Fujita breaks down AT&T third-quarter earnings.
NIO Inc. (NIO) closed the most recent trading day at $10.97, moving +0.46% from the previous trading session.
Kroger Co. has unveiled what it’s calling its "store of the future" Thursday, testing the concept in Greater Cincinnati.
Is the market truly ready for a sentiment shift? According to a recent BofA survey, there are signs the foundations for one are taking shape right now. The survey showed that the average cash level in investors' portfolios in October hit 6.3%, a level not seen since April 2001 and some way higher than the long-term average of 4.8%. So, there’s plenty of cash waiting on the sidelines and ready to be deployed. With the Fed potentially easing its monetary policy next year, BofA thinks a rally in th
EVgo Inc., operator of a national fast-charging network for electric vehicles, has hired veteran technology executive Tanvi Chaturvedi as chief revenue officer. The Los Angeles-based company (Nasdaq: EVGO) said Chaturvedi will focus on the customer experience and services to grow its charging network across the country. Chaturvedi will manage EVgo’s go-to-market functions, including all consumer revenue growth initiatives, marketing, advertising, and expansion and use of its PlugShare app.
The world's deepest and most liquid fixed-income market is "potentially one shock away from functioning challenges," said BofA strategists.
Inflation is still near multi-decade highs. Mr. Wonderful is using these stocks to fight back.
Reddit-loving day traders are reportedly returning to their day jobs, according to the Wall Street Journal. But back in the world of high finance, professional traders have adopted one of their signature trading strategies, according to one closely followed markets guru.
Piper Sandler analyst Harsh Kumar notes chip maker Nvidia is making progress in working down its oversupply at retailers. He reaffirmed an Overweight rating.
Grommet Press Yahoo Finance anchors discuss American Airlines stock performance after reporting third-quarter earnings.