Mobile Cobots Market: Rising Allocations On analysis And Innovation

1. MOBILE COBOTS MARKETInclination toward Industrial Automation A mobile cobot (mobile collaborative robot) is an intelligent, transportable robot that can assist humans in a shared workspace. Mobile cobots are moving platforms wherein cobots are mounted on mobile robots. These are automated machines. It is an emerging technology that is capable of moving within a set environment. Apart from the manufacturing industry, mobile cobots are used for research and exploration. Currently, use of mobile robots has extended to the industrial sector. ©2019 Transparency Market Research, All Rights Reserved

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3. Key Players in the Report: The Mobile Cobots Market is concentrated in nature with leading players such as • ABB Ltd, AuboRobotics • Fanuc Corporation • Kawasaki Heavy Industries Ltd. • KuKa Ag • Precise Automation Inc. • Rethink Robotics • Robert Bosch • TECHMAN Robots • Universal Robots • YasakawaElectric Corporation

4. Report Highlights • The mobile cobots market, which is undergoing the initial stage of its development, is witnessing significant technological advancements at present. In the recent years, there has been a significant rise in the demand for industrial robots in the automotive sector. This can be attributed to increasing customer demand for customization in their cars.  • Themobile cobots market is expected to reach US$ 4,472.53 Mn by 2026, expanding at a CAGR of 33.4% from 2018 to 2026. According to the report, the mobile cobots market is likely to continue to be influenced by a range of macroeconomic and market-specific factors in the next few years. • Asia Pacific is projected to lead the global market during the forecast period. The market in the region is likely to expand at a CAGR of 35.9% from 2018 to 2026. Request Sample of Report

5. The idea of ‘Industry 4.0’ has spread all over the world and currently, it is being implemented at a large scale worldwide. Principles of the ‘Industry 4.0’ design include interoperability, information transparency, technical assistance, and decentralized decisions. Collaborative robots are fully compatible with the principles of ‘Industry 4.0’. Cobots are designed to be equipped with powerful onboard computers.  • A close study of recent product launches and developments by key participants in the mobile cobots market reveals that end-use industries such as automotive and electronics & semiconductor would continue to dominate the market throughout the forecast period. 

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