Modular Robotics Market – Forecast (2021 - 2026)
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The Global Modular Robotics Market is forecast to reach $11,514.9 million by 2026, growing at CAGR 10.8% during the forecast period 2021-2026. Modular Robotics generally refer to self-configurable articulated robots which are capable of carrying out variety of tasks through autonomous and dynamic change of geometric structures. These kinds of human robot interactions have been growing popular among industrial sectors including automotive, manufacturing, healthcare and many others owing to better optimization, flexibility and robustness. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Key Takeaways • Collaborative robots is expected to have a major contribution during the forecast period 2021-2026 in the global modular robotics market owing to high investments towards research and development activities. • Key players such as Mitsubishi Electric Corporation, Yaskawa Electric Corporation and so on are the major drivers boosting the growth of modular robotics within the APAC region.
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By Distribution Channel- Segment Analysis Based on robot type, the modular robotics market has been segmented into Cartesian robots, Collaborative robots (Cobots), Articulated robots, Scara robots, Parallel robots and others. Collaborative robots or cobots registered highest share in the global the modular robotics market in 2020 at 26.5%. Collaborative robots generally refer to those types of robots which are capable of performing tasks by physically interacting with workers across an industrial workspace. As cobots can be conveniently placed anywhere or relocated depending on user needs, it helps in eliminating any kind of non-production activities during the production hours, thereby ensuring optimum flexibility, efficiency and production capabilities for various end use industries. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Modular Robotics Market Industry Outlook • • • • • • • • • •
ABB Ltd. Mitsubishi Electric Corporation Yaskawa Electric Corporation KUKA Toshiba Machine Co Ltd. Denso Corporation Universal Robots Rethink Robotics Yamaha Motor Co Ltd. FANUC
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Modular Robotics Market – Forecast (2021 - 2026) Learn More About the Report
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