Market Overview:
The global smart collaborative robot market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for automation across industries, growing adoption of robots by small and medium enterprises (SMEs), and rising investments in robotics research and development. The table-top robot segment is expected to account for the largest share of the global smart collaborative robot market in 2018. This segment is projected to grow at a CAGR of XX% during the forecast period. The mobile robots segment is projected to grow at a higher CAGR than the table-top robot segment during the forecast period. The automotive application sector is expected to account for the largest share ofthe global smart collaborative robot market in 2018.
Product Definition:
A Smart Collaborative Robot is a robot that is designed to work with humans in order to complete tasks. They are important because they can help speed up tasks and make them more accurate.
Table-top Robot:
Table-top robot is a small sized device that can be used for various applications such as smart conference room automation, kitchen staff assistance, and warehouse management among others. The global market size was valued at USD 1.5 billion in 2015 and is expected to grow at a CAGR of XX% from 2016 to 2024.
Mobile Robots:
Mobile robots are autonomous mobile machines which can be used for manufacturing, exploration, cleaning and maintenance applications. Mobile robots have the ability to travel over a distance by following a set of instructions provided by the operator. The mobility offered by mobile robots makes them useful in performing tasks which are normally done by humans such as warehouse picking, painting and packaging among others.
Application Insights:
The automotive application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The rising need for automation in automobile manufacturing plants has led to an increase in adoption of collaborative robots. For instance, Ford Motor Company has deployed more than 1,000 Arbormates robots at its plant in Dearborn, Michigan. These robots help with processes such as welding and cutting on car bodies and chassis of vehicles produced there.
Electronic application segment is also expected to witness significant growth during the forecast period owing to increasing demand from various end-use industries such as medical equipment manufacturing, semiconductor packaging, CNC machining centers among others that require high precision when handling electronic components or sophisticated machinery with high safety requirements.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to increasing investments in R&D and rising adoption of collaborative robots for production activities. Moreover, growing demand for industrial automation is expected to drive regional market over the forecast period.
The Asia Pacific region accounted for a significant share owing to increasing manufacturing activities and favorable government initiatives regarding implementation of autonomous systems across various industries. Japan has been at the forefront of technological advancements with emphasis on human-machine collaboration, which is anticipated to bode well for regional growth over the forecast period.
Growth Factors:
- Increasing demand for collaborative robots from small and medium-sized enterprises (SMEs) due to the advantages of low cost, easy deployment and high flexibility.
- Growing demand for collaborative robots from the automotive industry to automate production processes.
- Increasing demand for collaborative robots from the food and beverage industry to improve product quality and safety.
- Rising adoption of collaborative robots in research and development (R&D) activities to speed up product development cycles.
- Growing popularity of cobots among end users owing to their ability to work safely alongside humans
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Collaborative Robot Market Research Report
By Type
Table-top Robot, Mobile Robots
By Application
Automotive, Electronic, Metals & Machining, Plastics & Polymer, Food & Beverage, Others
By Companies
Universal Robots, HAHN GROUP, ABB YuMi, Fanuc, KUKA iiwa, Yaskawa, F&P, Adept Robotics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Smart Collaborative Robot Market Report Segments:
The global Smart Collaborative Robot market is segmented on the basis of:
Types
Table-top Robot, Mobile Robots
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Electronic, Metals & Machining, Plastics & Polymer, Food & Beverage, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Universal Robots
- HAHN GROUP
- ABB YuMi
- Fanuc
- KUKA iiwa
- Yaskawa
- F&P
- Adept Robotics
Highlights of The Smart Collaborative Robot Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Table-top Robot
- Mobile Robots
- By Application:
- Automotive
- Electronic
- Metals & Machining
- Plastics & Polymer
- Food & Beverage
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart Collaborative Robot Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Smart Collaborative Robot is a type of robot that can work with other robots to complete tasks. These robots are often designed to help people in factories or other workplaces.
Some of the key players operating in the smart collaborative robot market are Universal Robots, HAHN GROUP, ABB YuMi, Fanuc, KUKA iiwa, Yaskawa, F&P, Adept Robotics.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Collaborative Robot Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Smart Collaborative Robot Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Collaborative Robot Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Smart Collaborative Robot Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Smart Collaborative Robot Market Size & Forecast, 2020-2028
4.5.1 Smart Collaborative Robot Market Size and Y-o-Y Growth
4.5.2 Smart Collaborative Robot Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Table-top Robot
5.2.2 Mobile Robots
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Electronic
6.2.3 Metals & Machining
6.2.4 Plastics & Polymer
6.2.5 Food & Beverage
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Collaborative Robot Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Smart Collaborative Robot Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Table-top Robot
9.6.2 Mobile Robots
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Electronic
9.10.3 Metals & Machining
9.10.4 Plastics & Polymer
9.10.5 Food & Beverage
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Table-top Robot
10.6.2 Mobile Robots
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Electronic
10.10.3 Metals & Machining
10.10.4 Plastics & Polymer
10.10.5 Food & Beverage
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Table-top Robot
11.6.2 Mobile Robots
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Electronic
11.10.3 Metals & Machining
11.10.4 Plastics & Polymer
11.10.5 Food & Beverage
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Table-top Robot
12.6.2 Mobile Robots
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Electronic
12.10.3 Metals & Machining
12.10.4 Plastics & Polymer
12.10.5 Food & Beverage
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Table-top Robot
13.6.2 Mobile Robots
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Electronic
13.10.3 Metals & Machining
13.10.4 Plastics & Polymer
13.10.5 Food & Beverage
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Smart Collaborative Robot Market: Competitive Dashboard
14.2 Global Smart Collaborative Robot Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Universal Robots
14.3.2 HAHN GROUP
14.3.3 ABB YuMi
14.3.4 Fanuc
14.3.5 KUKA iiwa
14.3.6 Yaskawa
14.3.7 F&P
14.3.8 Adept Robotics
