Collaborative robot is a type of robot that is accomplished of carrying out numerous responsibilities, as aided by the humans. They have extra features, like safety monitored stop, hand managerial, speed and separation nursing, and power & force preventive. There are many types of collaborative robots that are used in industries like safety monitored stop is used to break the working of robot once the safety zone disrupts; hand guiding is used for path teaching and recognition of applied forces; speed and separation monitoring is cast-off for operations requiring recurrent worker occurrence, and power & force limiting is used for the straight collaboration with workers. They are existence used in multiple verticals, which comprise supply chain management, making, and healthcare.
According to the report analysis,’ Europe Collaborative Robots Market 2020-2026 by Offering, Payload, Application, Industry Vertical, and Country: Trend Forecast and Growth Opportunity’ to increase a competitive edge in the market, companies have come into partnerships for the growth of their product portfolio. The key players contribution limited products and supplies include ABB Ltd., Aubo Robotics Inc., Comau S.p.A, Denso Corporation, Fanuc Corp., Kawada Robotics, KUKA (Midea Group), Nachi Robotic Systems, Inc., Precise Automation, Inc, Productive Robotics, Inc., Rethink Robotics, Inc., Robert Bosch GmbH, Seiko Epson Corporation (Epson Robotics), Staubli International AG, Techman Robot, Universal Robots and Yaskawa Electric Corp. Robots are presently employed in numerous industries and are on the verge of affecting the logistics industry overwhelming the trials like complicated work processes, management many tasks in numerous amounts of groupings all in the compact spaces.
Based on offering, the Europe market is segmented into Hardware (further split into Drive, Sensor, Controller, End Effector, Actuator, and Others), Software and Service & Support. Based on payload, the Europe market is segmented into >10 Kg, 5-10 Kg and <5 Kg. Based on application, the Europe market is segmented into Material Handling, Machine Tending, Assembly, Molding Operation, Inspection, Packaging and Palletizing, Welding and Gluing, Polishing, Screw Driving and Others. Based on industry vertical, the Europe market is segmented into Automotive Industry, Electrical & Electronics, Chemicals, Polymers & Plastics, Pharmaceutical Industry, Food and Beverage, Aerospace and Defense, Metal & Machinery and Others.
The geographic segmentation of the Europe Collaborative Robots market contain six major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). Europe controls the collaborative robot market owing to rising enormous application of robots in dissimilar verticals like electronics, logistics, and inspection in this region. Asia-Pacific is the anticipated region in terms of development in collaborative robot market due to increased efficiency, reduced wastage, and standardizes products in this region.
Furthermore, the request rising from the automotive industrial customers, engineers, and researchers has started the growth of collaborative robots. Moreover, these robots contribution the packaging market and the industries aiming to augment their production rates. Snowballing demand for performance tasks necessitating higher payload capacity is anticipated to donate to the rising demand. The capability of robots to work efficiently with staffs in an uncared environment has led to an amplified connection in the industry. Therefore, it is anticipated that the market of Europe Collaborative Robots Market will boost up throughout the upcoming period.
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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