Industry and News Collaborative Robot Hardware Market | Page 2

While the demand is high across Europe and the North American region, Asian countries are rapidly
incorporating collaborating industrial robots into their manufacturing facilities to maintain their
edge in the global market. On the basis of application, the global collaborative robot hardware
industry is segmented into general assembly, material handling, painting, inspection, welding and so
on.
The segment “material handling” dominated the collaborative robot hardware market and
accounted for a major part of the overall market share. The primary contributor to this growing
market share is that the materials handling machines and systems are universally deployed in
almost all manufacturing and distribution industries and involve resource consuming operations.
Material handling involves a wide range of operations such as machine feeding, loading &
unloading, packing, palletizing and disengaging. For instance, the automotive industry uses material
handling collaborative robots on a large scale to handle individual vehicle parts of various shapes
and sizes. With the increasing use of material handling cobots across industries the market share of
this segment is expected to grow during the forecast period.
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On the basis of end-user, the global collaborative robot hardware industry is segmented into
automotive, rubber & plastic, food & beverage, aerospace, polymer, life sciences, electrical &
electronics and semiconductor, and so on. The segment “automotive” to dominate the collaborative
robot hardware market during the forecast period. Collaborative robots are being preferred by
automotive end-users due to their numerous advantages such as weight, lower cost, and footprint,
easy to program and integrate.
Also, collaborative robots empower employees and reduce their work stress. For instance,
Volkswagen uses collaborative robots to assist human workers in difficult tasks such as the
application of toxic glue and lifting heavy weights and perform jobs with repetitive strain such as
material handling.