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Collaborative Robots Market: COVID-19 Focused Report | Evolving Opportunities with ABB Ltd. and FANUC Corp. | Technavio
[July 22, 2021]

Collaborative Robots Market: COVID-19 Focused Report | Evolving Opportunities with ABB Ltd. and FANUC Corp. | Technavio


NE W YORK, July 22, 2021 /PRNewswire/ -- The Collaborative Robots Market report has been added to Technavio's offering. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Our client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies.

The global collaborative robots market is expected to grow by USD 1.09 billion, according to Technavio. This marks a significant market slowdown compared to the 2020 growth estimates due to the impact of the COVID-19 pandemic. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of 16.08%.

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Read the 120-page report with TOC on "Collaborative Robots Market Analysis Report by Application (Material handling, Assembly, Inspection and testing, Welding, and Painting and dispensing) and Geography (Europe, APAC, North America, South America, and MEA) Forecasts 2021-2025: https://www.technavio.com/report/collaborative-robots-market-industry-analysis

The collaborative robots market growth is attributed to increased adoption rate in SME sector. This report has been curated considering various factors for forecast evaluation including the impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior. As the impact of the pandemic unfolds, the report will offer pre-and post-COVID market estimates in optimistic, probable, and pessimistic scenarios.

Download COVID-19 Impact Analysis Report on Collaborative Robots Market



Major Five Collaborative Robots Companies:

  • ABB Ltd.
  • FANUC Corp.
  • Festo SE and Co. KG
  • Fiat Chrysler Automobiles NV
  • Hans Laser Technology Industry Group Co. Ltd.

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Collaborative Robots Market Application Outlook (Revenue, USD bn, 2020-2025)

  • Material handling - size and forecast 2020-2025
  • Assembly - size and forecast 2020-2025
  • Inspection and testing - size and forecast 2020-2025
  • Welding - size and forecast 2020-2025
  • Painting and dispensing - size and forecast 2020-2025

Collaborative Robots Market Geography Outlook (Revenue, USD bn, 2020-2025)

  • Europe - size and forecast 2020-2025
  • APAC - size and forecast 2020-2025
  • North America - size and forecast 2020-2025
  • South America - size and forecast 2020-2025
  • MEA - size and forecast 2020-2025

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Related Reports on Industrials Include:

Residential Robotic Vacuum Cleaner Market in Western Europe by Product and Geography - Forecast and Analysis 2021-2025

Robotics Market in Middle East by Application and Geography - Forecast and Analysis 2021-2025

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

Our growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Report: https://www.technavio.com/talk-to-us?report=IRTNTR44378

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SOURCE Technavio


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