DUBLIN--(BUSINESS WIRE)--The "Global Collaborative Robot (Cobot) Market: Focus on Industry and Application - Analysis and Forecast, 2018-2023" report has been added to ResearchAndMarkets.com's offering.
In 2017, the collaborative robot market accounted for a market value of $283.7 million which is anticipated to grow with 63.95% CAGR from 2018 to 2023.
In 2017, Automotive industry in the collaborative robot market accounted for the maximum share in the overall revenue. The significant share of the automotive industry is mainly attributed to a large number of repetitive and tedious tasks present in the industry for which the companies are employing collaborative robots to increase the cost-effectiveness of the processes.
Europe, followed by Asia-Pacific, North America, and Rest-of-the-World, is expected to dominate the market during the forecast period. However, in terms of countries, the United States is the leading country in the collaborative robot market, and the country is expected to maintain its dominance during the forecast period. The country has the presence of collaborative robot manufacturers in the country. Asia-Pacific is expected to grow at the highest CAGR with China dominating the market in this region.
Some of the key players in the collaborative robot market include:
- ABB Robotics
- AUBO Robotics
- Bosch Rexroth AG
- Comau SpA
- DENSO WAVE INCORPORATED
- Fanuc Corporation
- KUKA AG
- NACHI-FUJIKOSHI CORP.
- Precise Automation, Inc.
- Productive Robotics, Inc.
- Rethink Robotics
- Seiko Epson Corporation
- Techman Robots
- Universal Robots A/S
- Yaskawa Electric Corporation
Key Topics Covered:
Executive Summary
1 Market Dynamics
2 Competitive Insights
3 Industry Analysis
4 Global Collaborative Robot Market, 2018-2023
5 Global Collaborative Robot Market by Industry
6 Global Collaborative Robots Market by Application
7 Collaborative Robot Market by Region
8 Company Profiles
9 Research Scope & Methodology
10 Appendix
For more information about this report visit https://www.researchandmarkets.com/research/djlcpr/global?w=4