Collaborative Robot (Cobot) Market is Gigantic to reach 9770 million US$ by the end of 2025 | Universal Robots, Rethink Robotics, ABB, Fanuc, KUKA

A recent market study published by QY Research consists of a detailed assessment of the key market dynamics. The report provides the historical as well as present growth parameters of the global Collaborative Robot (Cobot) market. The report features salient and unique factors, which are expected to significantly impact the growth of the global Collaborative Robot (Cobot) market throughout the forecast period.

Scope of the report:

The report commences with a scope of the global Collaborative Robot (Cobot) market that includes the key findings and vital statistics of the market. This market research report also consists of the market value of the major segments of the global Collaborative Robot (Cobot) market. QY Research has found a detailed taxonomy and the definition of the global market that helps the readers to better understand the basic information of the Collaborative Robot (Cobot) market. It also highlights the exclusions and inclusions that help the client to understand the scope of the Collaborative Robot (Cobot) market.

The report consists of key market trends, which are likely to impact the growth of the market over the forecast period. Evaluation of in-depth industry trends is included in the report, along with their product innovations and key market growth.

QY Research report also includes the macro-economic factors, which are likely to influence the growth of the global Collaborative Robot (Cobot) market during the forecast period. Along with the factors, the report also analyzes the growth opportunities of the global Collaborative Robot (Cobot) market. It sheds light on the trends, restraints, and drivers to understand the growth prospects followed by the key players in the global Collaborative Robot (Cobot) market.

According to QYR study, the global revenue of Collaborative Robot (Cobot) was valued at 373.3 million USD in 2017, rising demand from safety and continuous development in the automation industry, and the global revenue of Collaborative Robot (Cobot) is forecast to reach 9767.8 million USD by the end of 2025. Collaborative Robot (Cobot) are popular due to their high return on investment and low overall cost, attracting many small and medium sized enterprises (SMEs). Global manufactures mainly distributed in Europe, North America, Japan. Demand for Collaborative Robot (Cobot) is profoundly dependent on increase in automation industry. Universal Robots accounted for 58.04% of the global Collaborative Robot (Cobot) sales market share in 2017. Other players accounted for 12.70%, 12.59% including ABB and Kawasaki. Request For Sample of the Report:

Competitive Landscape:

The report provides a list of all the key players in the Collaborative Robot (Cobot) market along with a detailed analysis of the strategies, which the companies are adopting. The strategies mainly include new product development, research, and development, and also provides revenue shares, company overview, and recent company developments to remain competitive in the market.

The Collaborative Robot (Cobot) key manufacturers in this market include:

Universal Robots
Rethink Robotics

Segment Analysis:

The report provides detailed segments based on product type and applications so that the readers can better understand each segment that influences the Collaborative Robot (Cobot) market growth.

By the product type, the market is primarily split into

Upto 5kg Cobot
5~10 kg Cobot
Above 10kg Cobot

By the end users/application, this report covers the following segments

Metal and Machining
Plastic and Polymers
Food and Beverages

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Geographical Outlook:

In 2018, the global Collaborative Robot (Cobot) market size was increased to xx million US$ from xx million US$ in 2014, and it will reach xx million US$ in 2025, growing at CAGR of xx%% between 2019 and 2025.

QY Research report provides a detailed information to the clients about the various factors that are impacting on the growth of the regions across North America (United States, Canada and Mexico), Asia Pacific (China, Japan, South Korea, India, Australia, Indonesia, Thailand, Malaysia, Philippines and Vietnam), Middle East and Africa (Turkey, GCC Countries, Egypt and South Africa), and South America (Brazil and others).

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