Collaborative industrial robots epitomize a new replacement of the fast-growing industrial robotics market. Technological advancements have generated the applications of collaborative robots (cobots or co-bots) a reality in numerous producing factories. With benefits of increasing flexibility, augmenting production effectiveness and reducing operational value, industrial cobots are deployed to assistance human workforce and keeping creators competitive within the world markets.
According to the analysis, ‘Asia-Pacific Collaborative Robots Market 2020-2026 by Offering, Payload, Application, Industry Vertical, and Country: Trend Forecast and Growth Opportunity’ there are a loads of key players that are operating for the development of the market that contains Seiko Epson Corporation (Epson Robotics), KUKA (Midea Group), Productive Robotics, Inc., Nachi Robotic Systems, Inc., Kawada Robotics, Precise Automation, Inc, Rethink Robotics, Inc., Techman Robot, Staubli International AG, ABB Ltd., Robert Bosch GmbH, Yaskawa Electric Corp., Universal Robots, Aubo Robotics Inc., Fanuc Corp., Comau S.p.A, Denso Corporation. A significant trend inside the business is that the implementation of these systems as human co-workers. The collaboration of human and machines aids inside the easier performance of significant operations, simplification of program integration, and standardization in mechanical and electrical operations. By implementing calm interfaces, the technology permits low-skilled personnel to perform tasks like vehicle painting, inserting of parts, and packing whereas not having in-depth data and training in machine operations.
Based on offering, the Asia-Pacific market is deliberated into Hardware, Software and Service & Support. Based on payload, the Asia-Pacific market is considered into less than 10kg, Between 5 to 10 kg and greater than 5 kg. On the premise of application, the market is categorised into Machine Tending, Material Handling, Packaging and Palletizing, Welding and Gluing, Screw Driving, Polishing, Inspection, Molding Operation, Assembly and Others. On the premise of Industry Vertical, the market is categorized into Electrical & Electronics, Chemicals, Polymers & Plastics, Pharmaceutical Industry, Aerospace and Defence, Food and Beverage, Metal & Machinery, Automotive Industry and Others.
The regional investigation of Asia-Pacific Collaborative Robots market is taken into the account for the key regions like Japan, China, South Korea, Australia, India and Rest of APAC. China is that the leading/significant region over the world within terms of market share as a result of existence of multiplicity of consumer’s within the region. Whereas, Japan is in addition expected to exhibit highest rate / CAGR over the forecast amount 2020-2026.
Furthermore, collaborative Robots Market size is driven by the rising demand for robotics and automation technology in several business verticals like e-commerce, retail, and manufacturing segments. Corporations are more and more implementing automated technologies as an additional for human labour as they’re practical, simply trainable, and versatile as compared to humans, raises the collaborative robot market. The comfort of training and the placement of those systems as compared to traditional and bulky equipment is fuelling the market development. Thus, it is predicted that the Asia-Pacific Collaborative Robotics Market can increase within approaching years.
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Global Collaborative Robots Market In Electrical & Electronics Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)
Ankur Gupta, Head Marketing & Communications