Market Overview:
The global soft robotics market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the soft robotics market can be attributed to the increasing demand for advanced and innovative technologies across different industries. Additionally, the growing awareness about the benefits of using soft robots is also contributing to the growth of this market. The global soft robotics market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into Soft Gripper, Inflatable Robots, Exoskeletons and Others (such as artificial muscles). The Soft Gripper segment is expected to account for a major share in terms of revenue in 2018 owing to its wide range of applications across different industries such as medical & healthcare, food processing & packaging industry etc. On account if application; medical & healthcare sector is anticipated witness highest adoption rate forsoft robots over next few years due rising geriatric population coupled with increasing prevalence ratesof chronic diseases that require assistive devices/robotsfor rehabilitation purposes .
Product Definition:
The definition of Soft Robotics is the study and development of robots made from materials which are soft, elastic and deformable. These robots can be used for a variety of tasks including grasping delicate objects, interacting with humans and navigating difficult terrains. The importance of Soft Robotics is that it offers a new way to design robotic systems which are safe to work with and can be used in close proximity to humans.
Soft Gripper:
Soft gripper is a device used in the manipulation of soft objects. It can be used for picking up small and lightweight objects, typically from a table or floor. Soft grippers are capable of exerting high forces without damaging fragile items.
Inflatable Robots:
Inflatable robots are soft robotics that can be inflated with a gas such as air or liquid and then used to interact with the environment. Inflatable robots have several advantages over rigid ones, which include lightweight, easy transportation & handling, and flexibility. These factors make inflatable robots very suitable for applications in soft robotics.
Application Insights:
The medical and healthcare application segment accounted for the largest revenue share of over 40% in 2017. The growing demand for soft robotics in medical applications such as drug delivery, tissue repair, and robotic surgery is expected to drive the market growth over the forecast period. In addition, increasing research & development activities by major industry players are further anticipated to foster market growth during the study period.
The food application segment is expected to witness a significant CAGR of XX% from 2018 to 2030 owing to rising demand for automated systems that can produce at an increased rate with less resources used per unit product.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period owing to increasing investments by domestic as well as foreign players. Japan, China, and India are some of the countries investing heavily in developing soft robotics for various applications. For instance, Toyota Industries Corporation has developed a line of collaborative robots called companion robots that can assist people with disabilities or elderly parents at home through artificial intelligence technology such as voice recognition and automatic response.
North America accounted for more than 20% share of total revenue in 2017 owing to high demand from end-use industries such as healthcare & medicine and food processing & packaging coupled with favorable government initiatives onSoft Robotics Technology Development Program launched under National Robotics Initiative (NRI) which supports research activities related Soft Robotics Technology Development Program launched under National Robotics Initiative (NRI) which supports research activities related robotic technologies across U.
Growth Factors:
- Increasing demand for automation in manufacturing and logistics industry
- Rising awareness about the benefits of soft robotics over traditional robots
- Growing investments in research and development of soft robotics technology
- Proliferation of start-ups focused on developing soft robotics technology
- Emergence of new applications for soft robotics in areas such as healthcare and biotechnology
Scope Of The Report
Report Attributes
Report Details
Report Title
Soft Robotics Market Research Report
By Type
Soft Gripper, Inflatable Robots, Exoskeletons
By Application
Medical & Healthcare, Food, Logistics, 3C, Others
By Companies
Cyberdyne, Soft Robotics, Ekso Bionics Holdings, ReWalk Robotics, RightHand Robotics, Parker Hannifin, Beijing Soft Robot Tech Co.,Ltd, Myomo, Bionik Laboratories, Panasonic
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
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Soft Robotics Market Report Segments:
The global Soft Robotics market is segmented on the basis of:
Types
Soft Gripper, Inflatable Robots, Exoskeletons
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
Medical & Healthcare, Food, Logistics, 3C, 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:
- Cyberdyne
- Soft Robotics
- Ekso Bionics Holdings
- ReWalk Robotics
- RightHand Robotics
- Parker Hannifin
- Beijing Soft Robot Tech Co.,Ltd
- Myomo
- Bionik Laboratories
- Panasonic
Highlights of The Soft Robotics 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:
- Soft Gripper
- Inflatable Robots
- Exoskeletons
- By Application:
- Medical & Healthcare
- Food
- Logistics
- 3C
- 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 Soft Robotics 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
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- Consumer Insights
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- Product & Brand Management
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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?
Soft Robotics is a subset of robotics that focuses on the development of soft robots. These robots are made from materials such as rubber, plastic, and foam, which makes them much softer than traditional metal or plastic robots. This allows them to be more flexible and easier to control than traditional robots.
Some of the major players in the soft robotics market are Cyberdyne, Soft Robotics, Ekso Bionics Holdings, ReWalk Robotics, RightHand Robotics, Parker Hannifin, Beijing Soft Robot Tech Co.,Ltd, Myomo, Bionik Laboratories, Panasonic.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Soft Robotics 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 Soft Robotics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Soft Robotics 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 Soft Robotics 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 Soft Robotics Market Size & Forecast, 2020-2028
4.5.1 Soft Robotics Market Size and Y-o-Y Growth
4.5.2 Soft Robotics 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 Soft Gripper
5.2.2 Inflatable Robots
5.2.3 Exoskeletons
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 Medical & Healthcare
6.2.2 Food
6.2.3 Logistics
6.2.4 3C
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Soft Robotics 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 Soft Robotics 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 Soft Gripper
9.6.2 Inflatable Robots
9.6.3 Exoskeletons
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 Medical & Healthcare
9.10.2 Food
9.10.3 Logistics
9.10.4 3C
9.10.5 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 Soft Gripper
10.6.2 Inflatable Robots
10.6.3 Exoskeletons
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 Medical & Healthcare
10.10.2 Food
10.10.3 Logistics
10.10.4 3C
10.10.5 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 Soft Gripper
11.6.2 Inflatable Robots
11.6.3 Exoskeletons
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 Medical & Healthcare
11.10.2 Food
11.10.3 Logistics
11.10.4 3C
11.10.5 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 Soft Gripper
12.6.2 Inflatable Robots
12.6.3 Exoskeletons
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 Medical & Healthcare
12.10.2 Food
12.10.3 Logistics
12.10.4 3C
12.10.5 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 Soft Gripper
13.6.2 Inflatable Robots
13.6.3 Exoskeletons
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 Medical & Healthcare
13.10.2 Food
13.10.3 Logistics
13.10.4 3C
13.10.5 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 Soft Robotics Market: Competitive Dashboard
14.2 Global Soft Robotics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cyberdyne
14.3.2 Soft Robotics
14.3.3 Ekso Bionics Holdings
14.3.4 ReWalk Robotics
14.3.5 RightHand Robotics
14.3.6 Parker Hannifin
14.3.7 Beijing Soft Robot Tech Co.,Ltd
14.3.8 Myomo
14.3.9 Bionik Laboratories
14.3.10 Panasonic
