Skip to main content

How Will Automation of Industries Drive Mobile Collaborative Robots Demand?

Mobile cobots with varying payload capacities are used in the aerospace and defense, agriculture, automotive, construction, electronics, food and beverage, healthcare, manufacturing, mining and mineral, and retail industries. These end users use such robotic systems in assembling, machine tending, material handling, packaging, pick and place, quality inspection, and welding applications.

To meet the needs of end users, Kawasaki Heavy Industries Ltd., Siasun Robot & Automation Co. Ltd., TECHMAN ROBOT INC., Diligent Robotics Inc., Robotnik Automation S.L.L., ABB Ltd., Aubo Robotics, and Shenzhen Yuejiang Technology Co. Ltd. (DOBOT) are focusing on facility expansions. The payload segment of the mobile collaborative robots market is categorized into <5 kg, 5–10 kg, and >10 kg.




Under this segment, the <5 kg category generated the highest revenue in 2019, as <5 kg payload capacity mobile cobots are ideal for pick and place, assembly, and testing applications. Whereas, the 5–10 kg category is expected to exhibit the fastest growth during the forecast period, owing to the surging use of 5–10 kg payload capacity mobile cobots in the electronics and automotive industries to handle materials within its weight range.

Globally, the APAC mobile collaborative robots market generated the highest revenue in 2019, and it will continue this trend in the forecast years as well, owing to the burgeoning demand for consumer electronics and electronic vehicles (EVs) in India, South Korea, and China. Additionally, the booming population and mounting disposable income of people will also contribute to the market growth in the region.

Moreover, the increasing presence of consumer electronics manufacturers and the rising inclination of end-use industries toward industrial automation will help the APAC market exhibit the fastest growth during the forecast period. Therefore, the rising demand for industrial automation solutions and the surging need for improving the production process in the automotive sector will lead to the widescale usage of mobile cobots globally.

Comments

Popular posts from this blog

Increasing Internet Penetration Fueling Demand for Product Analytics

With the increasing penetration of the internet in both developing countries such as China and India and developed countries such as Singapore and the U.S., the worldwide demand for product analytics is rising rapidly. For example, according to the Office for National Statistics, in 2018, 90% of all households in Great Britain had access to the internet. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/product-analytics-market/report-sample Additionally, the total percentage of adults who used the internet daily grew from 35% to 86% from 2006 to 2018 in the country. The rapid digital transformation in various countries is pushing up the requirement for product analytics solutions. Moreover, businesses all over the world are increasingly adopting advanced technologies such as product analytics for building a holistic understanding and delivering greater customer engagement. Apart from this, rapid advancements and innovations being made in various cog

Conversational AI Market Worldwide Opportunities, Driving Forces, COVID-19 Impact Analysis, Future Potential 2030

There are two ways in which conversational AI solutions are deployed, namely cloud and on-premises. Of these, the conversational AI solutions deployed through cloud recorded higher demand in 2018, and this deployment method is expected to remain more popular in the coming years. This is primarily attributed to the ballooning demand for scalability and easier maintenance features and 24*7 services offered by these solutions. Furthermore, many major companies are adopting cloud-based solutions for increasing their operational flexibility and reducing their operational costs. Coherent with these facts, the biggest phenomenon currently being observed in the conversational AI market is the mushrooming implementation of chatbots, as well as IVA, in various healthcare applications. Geographically, the highest demand for conversational AI market share has been witnessed in North America in the last few years, and the next few years will witness a similar situation. For instance, a Mahara

Battery Management System Market Size, Status, Top Players, Trends in Upcoming Years

The International Energy Association (IEA) predicts that the sale of battery electric vehicles (BEV) (trucks) and plug-in hybrid electric vehicles (PHEV) (trucks) will reach around 96,555 units and 107,571 units, respectively, by 2025. The organization also forecasts that the global stock of BEV cars and PHEV cars will reach 29,626,576 units and 16,335,941 units, respectively, by 2025. The surging electric vehicle (EV) sales will create an extensive requirement for battery management systems (BMSs) in the coming years, as batteries are the most important component of such vehicles. Besides, the surging use of rechargeable batteries in consumer electronic products is expected to drive the battery management system market at a vigorous CAGR of 15.0% during the forecast period (2021–2030).   The market revenue is expected to surge from $5,661.0 million in 2020 to $22,279.6 million by 2030. BMSs are installed in consumer electronics to control the operation of batteries and manage recharg