Global Assembling Cobots Market By Key Players, Deployment Type, Applications, Vertical, and Region – Forecast

In a recent published report, Kenneth Research has updated the Market report for Global Assembling Cobots Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Assembling Cobots Market Products.

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Collaborative robots (cobots or co-bots) are smaller, smarter, more affordable, use-friendly and flexible automatic solutions than traditional industrial robotics, especially suitable and appealing to SMEs for industrial manufacture. Cobots designed for assembling process are the second largest application of collaborative robots. GMD research predicts global assembling cobots market to enjoy a very strong growth, as an increasing number of industrial manufacturers including SMEs are deploying more assembling cobots to assist human workforce in their workshops.

According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019. Additionally, exports of ICT services increased from 5.61% of service exports (BoP) in 2001 to 10.37% of service exports (BoP) in 2017.

Global Assembling Cobots Market by End-user and Region – Analysis and Outlook 2016-2022 examines the global assembling cobot market through a comprehensive summary and analysis of premium information sources. On the basis of reviewing global economic environments and trends of end-user industrial sectors, this report provides an in-depth and detailed analysis of market structure, market trends, market forces, and market segments. The report quantifies the global assembling cobots market from an end-user and region perspective. Global data is available for unit shipment, sales from hardware, and combined revenue generated from hardware and software of assembling cobots in each sub-market over the coverage of 2014-2022. Current competitive scenario and profiles of major vendors/players are also included in the report.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

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Qualitative market analyses include identification and discussion of market structure, market overview, growth drivers, restraints and challenges, emerging market trends/opportunities, Porter’s Fiver Forces as well as M&A landscape and fundraising trend.

On basis of end-user,

the market is segmented into automotive industry, electrical and electronics industry, machinery & metal industry, chemical, rubber & plastics industry, and other industrial sectors. The automotive and electrical/electronics industry have been the largest consumers of newly ordered assembling cobots.
Geographically, the global market is segmented into North America, Europe, Asia-Pacific region, Latin America and the rest of world (RoW). Specific analysis and forecast of annual shipment and hardware revenue over 2014-2022 have been covered for 11 important national markets including U.S., China, Japan, Germany, South Korea, and Italy. APAC region leads the global assembling cobots market in terms of sales volume as well as annual revenue, followed by Europe and North America. Strongest growth potential also exists in the vast APAC market in the future with China and Southeast Asian countries expected to be the main driving engines for the growth.
The major challenges for assembling cobots market are safety concerns, technological difficulty of improving payload capacity & speed of cobots, and low penetration rates of industrial cobots.
Highlighted with 4 tables and 89 figures, this 175-page report provides timely data and detailed analysis to help clients targeting the global market to identify business opportunities and execute an effective strategy.
Key Players:
ABB
KUKA
Rethink Robotics
Universal Robots
Fanuc
Adept Technology
Bionic Robotics GmbH
Robotnik Automation S.L.L.
Yaskawa Motoman
Kawasaki Robotics

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  •  Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook

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