Collaborative Robot Market Size in 2023 To 2029 | Universal Robots A/S (Denmark), FANUC Corporation (Japan), ABB (Switzerland), Techman Robot Inc (Taiwan), KUKA AG (Germany), Doosan Robotics Inc. (South Korea), Denso Corporation (Japan), Yaskawa Electric

𝐓𝐡𝐞 𝐂𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐯𝐞 𝐑𝐨𝐛𝐨𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐟𝐫𝐨𝐦 𝐔𝐒𝐃 𝟏.𝟐 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟑 𝐚𝐧𝐝 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 𝐔𝐒𝐃 𝟔.𝟖 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟐𝟗; 𝐢𝐭 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐚𝐭 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟑𝟒.𝟑% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟑 𝐭𝐨 𝟐𝟎𝟐𝟗.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 + 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐓𝐎𝐂 ➡️ https://www.reportsnreports.com/contacts/requestsample.aspx?name=3070142

𝐓𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐬 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐜𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐯𝐞 𝐫𝐨𝐛𝐨𝐭 𝐦𝐚𝐫𝐤𝐞𝐭 with their respective market ranking analysis. Prominent players profiled in this report include Universal Robots A/S (Denmark), FANUC Corporation (Japan), ABB (Switzerland), Techman Robot Inc (Taiwan), KUKA AG (Germany), Doosan Robotics Inc. (South Korea), Denso Corporation (Japan), Yaskawa Electric Corporation (Japan), AUBO (Beijing) Robotics Technology Co., Ltd (China), and Rethink Robotics GmbH (US). Other players include Omron Adept Technologies, Inc. (US), Franka Emika GmbH (Germany), Comau S.p.A. (Italy), F&P Robotics AG (Switzerland), Stäubli International AG (Switzerland), Bosch Rexroth AG (Germany), Productive Robotics, LLC (US), Wyzo (Switzerland), Neura Robotics GmbH (Germany), Elephant Robotics (China), Elite Robot (China), Kassow Robots (Denmark), Siasun Robot & Automation Co. Ltd. (China), MIP Robotics (France), Hanwha Corporation (South Korea), Kawasaki Robotics (US), Dobot Robotics (China), Jaka Robotics (China), Huiling-Tech Robotic Co, Ltd (HITBOT) (China) is among a few emerging companies in the collaborative robot market.

The high return on investment (ROI) for collaborative robots over traditional industrial robotics systems has paved the way for their growth in recent years. In addition, the benefits derived from adopting cobots for businesses of all sizes are the key factors driving the collaborative robot market. However, a higher preference for low payload capacity traditional industrial robots over cobots in heavy-duty industries is limiting the growth of the collaborative robot market.

"𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜𝐬 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐬𝐞𝐠𝐦𝐞𝐧𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐜𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐯𝐞 𝐫𝐨𝐛𝐨𝐭 𝐦𝐚𝐫𝐤𝐞𝐭 𝐭𝐨 𝐡𝐨𝐥𝐝 𝐬𝐞𝐜𝐨𝐧𝐝 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐡𝐚𝐫𝐞 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝."

The electronics industry is increasingly adopting low-payload collaborative robots (up to 5 kg), which are cheaper and easily integrated into the production floor due to their smaller size. Speed, accuracy, and precision are the most important factors in the electronics industry compared with other factors, such as high payload capacity. Collaborative robots are built and programmed to manage display screens, connectors, subassemblies, and printed circuit boards (PCBs). Parts such as wafers are small and delicate and need to be managed carefully. The robots need to be very precise in locating, placing, and assembling components because the error tolerances are minimal compared to other macro applications. Although many tasks require tight tolerances, advances in robotic hardware and vision systems enable manufacturers to realize collaborative robots' advantages. Collaborative robots perform soldering, gluing, and dispensing operations in manufacturing. Cobots can be used in simple pick-and-place tasks such as loading wafers into a solar cell panel or to perform precise operations such as screwdriving and finishing using deburring tools. Since collaborative robots can be reprogrammed, they can keep up with the fast-changing consumer demands and short product life cycles.

"𝟓-𝟏𝟎 𝐤𝐠 𝐩𝐚𝐲𝐥𝐨𝐚𝐝𝐬 𝐬𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐰𝐢𝐭𝐧𝐞𝐬𝐬 𝐬𝐢𝐠𝐧𝐢𝐟𝐢𝐜𝐚𝐧𝐭 𝐠𝐫𝐨𝐰𝐭𝐡 𝐟𝐨𝐫 𝐜𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐯𝐞 𝐫𝐨𝐛𝐨𝐭 𝐦𝐚𝐫𝐤𝐞𝐭 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝."

The 5-10 kg payload cobots are expected to witness significant growth for the collaborative robot market during the forecast period. The payload category exhibiting the highest growth during the forecast period is the 5-10 kg category. Cobots in the 5-10 kg payload capacity category can handle heavier parts and have a longer reach for machine tending and palletizing tasks. According to the ISO 10218 safety standard, grippers that are rated for handling payloads up to 10 kg or lower are collaborative, which also means that robots with a payload capacity of 5-10 kg do not require specialized grippers for collaborative operations. Collaborative robots that operate on a 5-10 kg payload capacity are used in most factory automation tasks for applications such as material handling, palletizing, and machine tending. The automotive industry particularly engages cobots belonging to 5-10 kg payload category for picking and placing small engine and transmission components during assembly alongside a human worker. These robots can perform all the collaborative operations that the low payload cobots can do, but with support for a higher payload. These robots differ from low-payload cobots in terms of payload capacity, reach, and other operational parameters. Cobots belonging to this category are also equipped with position and torque sensors that can cease robot operation if an obstacle or collision is detected. Many of these robots also support peripherals such as vision systems and end effectors from third-party manufacturers. The collaborative robots in this payload category typically have an operating speed of 1.2 m/s and a reach of 1,000mm. Thus, due to their wide adaptability, versatility in terms of applications, intrinsic safety, repeatability, and reach being almost at par with traditional industrial robotic systems, the cobots with 5-10 kg payload capacity are anticipated to have the fastest growth.

➡️ 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 @ https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=3070142

𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐨𝐟 𝐁𝐮𝐲𝐢𝐧𝐠 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall collaborative robot market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞:

This research report categorizes the collaborative robot market based on payload, component, application, industry, and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the collaborative robot market and forecasts the same till 2029. The report also consists of leadership mapping and analysis of all the companies in the collaborative robot market ecosystem.

This release was published on openPR.