Collaborative Robots Market to Grow a 50.88% CAGR to 2019 Forecasts a Global Report adds Global Collaborative Robots Market 2015-2019 a new research report in its store. Artificial intelligence and internet of things are making the collaborative robots market trending.

The analysts forecast global collaborative robots market to grow at a CAGR of 50.88% over the period 2014 – 2019. To calculate the market size, the report considers revenue generated from the sales of collaborative robots excluding the cost of software licensing and services.

The Complete report “Global Collaborative Robots Market 2015-2019” spreads across 61 pages and provides 27 Exhibits that support the market research is available at

The following companies are the key players in the Global Collaborative Robots Market: ABB, Kuka, Rethink Robotics and Universal Robotics.

Other Prominent Vendors in the market are: Adept Technology, DLR, Fanuc, Honda, iRobot, Kawada, Precise Automotion, Teradyne and Yaskawa Motoman.

The continuous advancements in technology such as 3D printing, sensors, artificial intelligence, human-robot interaction (HRI), and software and end-of-arm tooling (EOAT) have made it possible for industries to accommodate robots in their fleet of employees. They have wide penetration in light duty applications such as line loading and unloading, material handling, welding, painting, and testing and sorting in industries. They are smart tools to amplify human capabilities and can move at their own like an intelligent assist device (IAD). New cobots are designed considering the safety standards for humans formulated by RIA, for instance ANSI/RIA R15.06-2012, safety requirement for robots and robots systems.

Commenting on the report, an analyst said: "Considering the advantages of robots and to meet the growing demand for light and safe collaborative robots, companies and venture capitalist are investing heavily in R&D projects in robotics technology." Order a Copy of Report at Single User License is US $2500.

According to the report, to survive in the modern business environment, organizations are enhancing their organizational productivity by implementing the latest automation solutions and optimizing their operational costs. The introduction of robotics systems in industries has enhanced productivity by improving the throughput, quality, and safety of employees.

Further, the report states that safety and costs are always a challenge for the collaborative robotics market, since employees have a fear of working with giant machines with extraordinary power. It could take some time for them to accept robots as co-workers in these industries.

This report covers the present scenario and the growth prospects of the global collaborative robots market for the period 2015-2019. The report, Global Collaborative Robots Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the Americas, APAC, and EMEA; it also covers the landscape of the global collaborative robots market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Another related report titled “Global SCARA Robots Market 2015 – 2019 (” covers the present scenario and the growth prospects of the global SCARA robot market during the period 2015-2019. To determine the market size, the report considers the unit shipments of SCARA robot globally. The following are the major end-users of SCARA robots:
• Electrical and electronics industry
• Automotive industry
• Rubber and plastic industry
• Food and beverages industry
• Heavy machinery industry
• Metal industry
• Others

The forecast global SCARA robots market to grow at a CAGR of 5.60%, in terms of unit shipments, during 2014-2019. The following companies are the key players in the Global SCARA Robots Market: Adept, Epson Robots, Kuka, Toshiba and Yamaha Robotics.

Other Prominent Vendors in the market are: ABB, Denso Wave, ST Robotics, Kawasaki Robotics, Yaskawa, and Mitsubishi.

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