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Market Research Future (MRFR) announces the publication of its half-cooked research report –Collaborative robot Market 2018–2023

According to Market Research Future, collaborative robot market is segmented into component, type, end-user, region.



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Industry 4.0 has immensely expanded its each across various industries globally presenting a growth opportunity for collaborative robot market. The constant development in robotics and artificial intelligence drives the need for deploying robots to perform tedious and repetitive human tasks. With growing automation, cobots are being increasingly deployed alongside human workers to increase operational efficiency and productivity. ABB, one of the leading robot manufacturers, on April 13, 2015 released its dual-arm collaborative robot called YuMi for small parts assembling. YuMi’s components include flexible hands, parts feeding systems, camera-based parts location system, and advanced robot control system to collaborate with humans in manufacturing facilities. Moreover, ABB’s dual arm robot has accurate vision, enhanced grippers, highly sensitive force control mechanism, advanced software, and inbuilt safety features which drives its adoption in the market.

By payload, the market is segmented into up to 5kg, 5kg to 10 kg and above 10 kg. Among these the cobots with up to 5 kg payload holds the largest market share due to growing demand for light and moderate payload capacity cobots among small and medium enterprises.

By type, the market is segmented into safety monitored stop, speed & separation, power & force limiting, and hand guiding. Among these the power & force liming cobots hold the largest market share and is expected to grow due to their increasing adoption in the automotive industry.

By component, the market is segmented into controllers, drives, sensors, end effectors, and others. Among these the sensors component holds the largest share and is expected to grow in the coming years due to their increasing adoption to build cobots owing to the low cost of sensors.

By application, the market is segmented into pick and place, handling, packaging and palettization, assembling, quality testing, machine testing, welding and gluing, and others. Among these the assembling application segment accounts for largest market share due to high demand of cobots for assembling applications. The pick & place application is expected to grow at a higher rate due to high demand for loading & unloading tasks.

By vertical, the market is segmented into automotive, electronics & semiconductor, manufacturing, metals & mining, food & beverages, healthcare, aerospace, and others. Among these, the automotive industry vertical holds the largest market share due to heavy deployments of cobots for performing critical automotive tasks such as pick & place, quality testing, machine testing, and packaging & palettization.

Key Players

The prominent players in the collaborative robot are Techman Robot (Taiwan), YASKAWA Electric Corporation (Japan), Robert Bosch GmbH (Germany), Universal Robots A/S (Denmark), Precise Automation, Inc. (US), Energid Technologies Corporation (US), F&P Robotics AG (Switzerland), MABI AG (Switzerland), Universal Robots (Denmark), Rethink Robotics (US), MRK-Systeme GmbH (Germany), ABB (Switzerland), KAWADA Robotics Corporation (Japan), KUKA AG (US), and FANUC Corporation (Japan).



More Information : https://www.marketresearchfuture.com/reports/collaborative-robots-market-6708
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