Mobile Cobots Market worth Projected to Touch US$ 4,472.53 Mn by 2026

Published: Thu Mar 07 2019

An insightful study, titled "Mobile Cobots Market" has been freshly broadcasted to the vast research repository of Market Research Reports Search Engine (MRRSE). This _ page research study provides detailed comprehensions and forecasts future growth of the global market with an in-depth study of the factors impacting revenue growth throughout the mentioned forecast period. Further, a deep analysis on the major players from diverse regions is also present in the report.

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Relatively new addition to the robotic industry, cobots have been working alongside humans. Development in robotic technology and computing power coupled with a reasonable price tag have made cobots a realistic alternative for small- and medium-sized businesses, which has helped them compete with rivals. Unlike traditional robots which are mostly bolted to the floor and deployed for a specific application, cobots have gained traction owing to its mobility and flexibility assisting for easy redeployment to underpin new and multiple applications.

These introductory excerpts are according to the report titled, "Mobile Cobots Market—Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2026," which has been recently incorporated in the Market Research Reports Search Engine’s (MRRSE) ever-expanding repository. On account of market revenue, the market for mobile cobots is anticipated to rise at a compound annual growth rate of over 33 percent over the forecast period.

Although cobots is the workforce of the future, they encompass a meagre portion of annual sales of industrial robots each year. Many companies have shown enhanced efficiencies, synergy effect, lower costs and it has eliminated mundane, dangerous and dirty tasks from humans.

Substantially, workers and cobots in Ford Fiesta plant have united on its assembly lines to install shock absorbers on cars. Yet another example is the way cobots bring merchandise shelves to Amazon associates to prepare for shipments which has reduced order completion time drastically to 15 minutes from 60 minutes. To adhere to the growing industrial automation, companies are shifting to technology to compete against plummeting labor pools as labor costs soar and baby boomers retire. These facets are expected to augur well with the mobile cobots market.

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Qualitative and quantitative analysis underlie a comprehensive analysis on the mobile cobots for the forecast period 2018-2026. The report presents a lucid picture of the dynamics of the market, expanding to drivers, opportunities, trends and restraints. These factors become paramount and have great influence in the growth of the mobile cobots market. Further, the report includes the segmentation of the mobile cobots market to provide a holistic view. The market is segmented on the basis of product, usage and region.

The report starts with a comprehensive executive summary followed by market background section. The market background section delves into macro-economic factors and value chain analysis. The report also includes technological advancements and mergers and acquisition which have considerable impact in the growth of the mobile cobots market. The report also includes market structure analysis which sheds light on market share analysis of top players along with market presence analysis of players. The report also shows the technology roadmap of the market.

The last section delves into the competitive landscape of the mobile cobots market with a competition dashboard, developments, benchmarking and deep dive. The section elucidates overview, product portfolio, sales footprint and strategy of leading players in the market.

The market for mobile cobots adopts supply-demand approach to provide a holistic picture of the market. In-house panel of experts have thoroughly analyzed the research sources, including secondary sources and primary sources. Revenue comparison, market share comparison and Y-o-Y growth comparison on the geography lead to the market size of the mobile cobots. The growth of manufacturers in the historical and forecast period are estimated to assist the readers with investment decisions.

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