Mobile Collaborative Robots Improving Industrial Operations

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PSIntelligence.Allrightsreserved 1
Mobile Collaborative Robots Improving Industrial
Operations
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The automotive industry uses a large number of
mobile collaborative robots or mobile cobots, as
they offer standardization and quality output in
the production process. Unlike human operators,
these robots can handle multiple tasks like
assembling, material handling, and welding, owing
to which their deployment is escalating in the
manufacturing plants of automobile companies.
Thus, the rising applications of such cobots will
fuel the mobile collaborative robots market at a
CAGR of 26.3 during the forecast period
(20202030), to reach 6.8 billion by 2030 from
543.3 million in 2019. The payload segment of
the mobile collaborative robots market is
categorized into gt10 kg, 510 kg, and lt5 kg.
Among these, the lt5 kg category held the largest
market share in 2019, as mobile cobots with a
payload capacity of lt5kg are ideal for pick and
place, testing, and assembly applications.
Besides, the lower cost and smaller size of such
cobots, as compared to other cobots, drive
their demand. Whereas, the 510 kg category will
exhibit the fastest growth during the forecast
period, owing to the widescale adoption of these
robots in the electronics and automobile
industries. Request for sample copy of this
report https//www.psmarketresearch.com/market-
analysis/mobile-collaborative-robots-market-report
/report- sample These mobile collaborative
robots with different payload capacities are used
in several end-use industries like automotive,
retail, healthcare, aerospace and defense,
agriculture, electronics, mining and mineral, and
manufacturing. Among these end users, the
manufacturing sector adopts the highest number of
mobile cobots, due to the enhancing automation
level in this industry. The industrial plants
require such robots for assembly operations, as
they reduce the assembly time, thereby, speeding
the production process. Additionally, electronics
manufacturers are also utilizing mobile cobots to
increase their productivity and to perform
monotonous tasks. At present, manufacturers
across the world are increasingly deploying
bin-picking mobile cobots in their production
units to allow accurate placement of parts and
quickly attain machine uptime, with less manual
intervention. Due to the widescale demand for
these cobots, market players are focusing on
developing new and improved
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bin-picking mobile cobots. For instance, Teradyne
Inc., in April 2020, launched ActiNav, an
autonomous bin-picking kit, for machine tending
applications. It can autonomously and smoothly
locate and pick the parts from the bins and put
them on a machine, accurately. Browse full
report at https//www.psmarketresearch.com/market
- analysis/mobile-collaborative-robots-market-repo
rt

• Geographically, the Asia-Pacific (APAC) region
  accounts for the largest share in the mobile
  collaborative robots market. This is primarily
  due to the flourishing automobile industry, which
  is currently driven by the rising sales of
  electric vehicles (EVs) in the region. Japan and
  China are the major contributor to the regional
  market, on account of the extensive support from
  their governments to boost the adoption and
  production of EVs. For example, in April 2020,
  the Chinese government announced that it will
  provide subsidies for new-energy automobiles
  until 2022 end.
• Furthermore, the APAC market will register the
  fastest growth in the foreseeable future, on
  account of the escalating sales of consumer
  electronics. The adoption of consumer electronics
  has surged, due to the booming population and
  rising disposable income in the region.
• Moreover, the strong presence of consumer
  electronic producers, such as Samsung Electronics
  Co. Ltd. and LG Electronics Pvt. Ltd., and
  migration toward industrial automation will fuel
  the adoption of mobile cobots in the coming
  years. Also, the manufacturing sector is shifting
  toward automation to reduce human intervention,
  in APAC.
• Thus, the rising automation level in the
  industrial sector and the augmenting demand for
  consumer electronics will accelerate the usage of
  mobile cobots in the coming years.
• Market Size Breakdown by Segment
• By Offering
• Hardware
• Robotic arm o End effector o Sensor
• Motor
• Others (controller and power supply)
• Software
• Services By Payload

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• lt5 Kg
• ? 510 Kg
• ? gt10 Kg
• By Application
• Pick Place
• Material Handling
• Welding
• Machine Tending
• Assembling
• Others (Quality Inspection and Packaging)
• By End User
• Automotive
• Agriculture
• Retail
• Mining Mineral
• Manufacturing
• Aerospace Defense
• Healthcare
• Electronics

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• o By country Brazil, Mexico, and Rest of LATAM
• Middle East and Africa (MEA) Mobile Cobots Market
• By offering
• By payload
• By application
• By end user
• By country South Africa, U.A.E., Saudi Arabia,
  and Rest of MEA

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