Global Collaborative Robots Market Report and Industry Trends 2017-2021
Market Research Hub ( MRH ) has recently announced the addition of a fresh report , titled “ Global Collaborative Robots Market 2017-2021 ” to its report offerings . Global Collaborative Robots Market 2017-2021 , has been prepared based on an indepth market analysis with inputs from industry experts . The report covers the market landscape and its growth prospects over the coming years . The report also includes a discussion of the key vendors operating in this market .
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At present , collaborative robots are being increasingly adopted by automotive , electrical and electronics and semiconductors , rubber and plastic , and metal processing . Concerns over a slowdown in economic growth of major countries such as China , the US , and Japan and the availability of safety systems in traditional industrial robots are likely to hinder the market growth . The development of safety features such as collision detection algorithm and advances in sensors are the latest innovations in the market .
Technavios analysts forecast the global collaborative robots market to grow at a CAGR of 60.3 % during the period 2017-2021 .
Covered in this report
The report covers the present scenario and the growth prospects of the global collaborative robots market for 2017-2021 . To calculate the market size , the report considers the revenue generated from the sales of collaborative robots .