Collaborative Robots (Cobots): Applications and Global Markets

Report Scope: The scope of this report is focused on collaborative robot industry trends, drivers and opportunities. This report explores industry based on application, end-user industries and geography.


New York, Dec. 15, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Collaborative Robots (Cobots): Applications and Global Markets" - https://www.reportlinker.com/p05996804/?utm_source=GNW


Revenue forecasts for 2019 through 2025 are provided at global level for the above segments. The collaborative robot market is segmented into following categories -

- By application: Assembly, material handling, pick and place, packaging, quality testing, others (machine tending, gluing and welding, palletizing, injection molding, painting among others).
- By end-user industry: Automotive, electronics, food and beverages, healthcare, logistics, other (furniture and equipment, metals and machining, plastics and polymers).
- By region: North America, Europe, Asia-Pacific and the Rest of the World (RoW).

This report covers analyses of the global market trends, with data from 2019 to 2025 with projection of compound annual growth rate (CAGR) during 2020 to 2025. Projected and forecasted revenue values are in constant US dollars, unadjusted for inflation.

Report Includes:
- An overview of the global markets for collaborative robots
- Estimation of the market size and analyses of market trends, with data from 2019, estimates for 2020 and projection of CAGR through 2025
- Characterisation and quantification of collaborative robots’ market based on application, end-use, and region
- Detailed analysis of drivers, challenges, and opportunities affecting market growth
- Evaluation of current market trends, market size, market forecast, and technological advancements within the industry
- Information on influence of artificial intelligence in the collaborative robots industry, investment/installation costs, and insights into increasing government spending on research expenditures
- Company profiles of major players of the industry

Summary:
A collaborative robot, also referred to as a “cobot,” is capable of learning multiple tasks to assist humans in a combined workspace.In the future, robots will be used as human assistants and as co-workers.

Cobots are precisely designed for direct human interaction within a defined collaborative space where the robot and humans perform tasks simultaneously and in proximity during automatic operations.
Read the full report: https://www.reportlinker.com/p05996804/?utm_source=GNW

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