Global Collaborative Robotics Market is expected to reach US$ 8 Billion by 2026 at a CAGR of about
XX% during a forecast period.
Global Collaborative Robotics Market Segment Analysis:
The Global collaborative robotics market are segmented based on payload capacity, vertical,
application and region. Based on type, the collaborative robotics market can be classified into Up to
5kg, Up to 10 kg, Above 10 kg. On the basis of vertical, the collaborative robotics market can be
divided into Automotive, Electronics, Metal & machining, Plastics & polymer, Food & agriculture. In
terms of application, the collaborative robotics market can be segmented into assembly, pick &
place, machine tending, quality testing, packaging & palletizing. By region collaborative robotics
market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin
Evolving capabilities of edge computing, easier to program, reducing implementation time are the
key factors to boost the collaborative robotics market. Collaborative robots are progressing in
capability, simultaneously available in cheaper range and widely available in the array of
applications. Collaborative robotics provides solution over the safety working environment will turns
to increase demand for industrial automation.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders,
followers, and disrupters. Since lock down was implemented differently in different regions and
countries, impact of same is also different by regions and segments. The report has covered the
current short term and long term impact on the market, same will help decision makers to prepare
the outline for short term and long term strategies for companies by region.
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Based on the payload capacity, Up to 5 kg is expected to lead in the collaborative robotics market.
Up to 5 kg collaborative robot are easy to deployment, affordability, high