Current Business Affairs Global Mobile Cobots Market 2018

Mobile Cobots Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast To 2025
Market Definition:
Mobile collaborative robots or mobile cobots are highly efficient industrial robots operational with human interaction.
Mobile cobots with advanced features such as superior sensitivity, bionic motions, on-the-fly switches concerning
autonomous & supervised tasks are replacing traditional robots utilized for heavy lifting and rapid movements.
Additionally, advancements in sensor & vision technology, with robust and flexible nature of the technology helps to
yield better accuracy with higher output.
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Market Growth and Analysis:
Few factors enhancing the market growth include free navigation with no workspace retrofit, rapid installation, and safe
operation alongside people. Furthermore, self- capable of planning alternate routes, and collaboration in fleets and job
management & WMS integration are also few reasons accelerating the mobile cobots industry. Moreover, flawless
performance with no breakage, easy traceability, optimized WIP movement, flexibility, and redeployed labor to high
value-add tasks are also influencing the technology growth positively.
Low price of collaborative robots and high ROI rates are also drawing attraction of SMEs, leading to the huge
investments in robotics. Collaborative robots offer abundant opportunities for companies owing to their low initial
investment, short integration time, & ease of use. Although, several industries are accepting cobots at a substantial rate;
there are still some challenges procrastinating the technology growth such as lack of skilled labor force, cyber security
threats, compliance with stringent regulations, and inability in unstructured work environment.
Market Segment:
Global mobile cobots market is segmented into payload capacity, application, and industry. On the basis of payload
capacity, the sector has been further segmented as up to 5 kg, up to 10kg, and above 10kg. Based on applications, as the
segment is bifurcated into assembly, pick & place, machine tending, quality testing, handling, packaging and palletizing,
gluing and welding, and others. Other segment includes painting and polishing, testing, press tending, lab analysis,
injection molding, screw driving, analysis, and specimen processing. Industry segment includes the deployment of
mobile cobots in automotive, electronics, metal & machining, plastics & polymer, food & agriculture, healthcare,
furniture & equipment, and others. Other industry segment includes logistics (3PL), die cast, scientific research,
consumer goods, education, and foundry robots.
Key Players:
The key players operating in the mobile collaborative robots market are ABB, Ltd., Robert Bosch Ltd., Kawasaki Heavy
Industries Ltd., Yaskawa Electric Corporation, Fanuc Corporation, and other regional players. Majorly, the players adopt