Mobile cobots are more recent advancements to robotic technology. Affordable, flexible, fast set-up and simple to use are the main reason that’s why companies are turning to use mobile cobots in their workplace. In recent years, from food processing to manufacturing, healthcare to the chemical industry, automotive, construction to retail, electronics, and semiconductor, pharmaceutical industry are using mobile cobots.
Mobile Cobots Industry | Drivers and Restraints
The growing inclination towards industry automation has increased the demand for mobile cobots market in recent years. Additionally, mobile cobots play a crucial role in the in spraying, painting, and assembling of different parts of cars, which in turn, there has been a significant rise in adoption of mobile cobots in the automotive industry. Besides this, mobile cobots are widely adopting in other end-user industry from the last decades. Moreover, high accuracy and declining cost of mobile cobots are other major factors add valuable demand for market growth. Additionally, growth in economies in the developing region is likely to add growth opportunities for the global mobile cobots market during the forecast period. However, less awareness of mobile cobots in developing countries may hamper the market growth. Furthermore, the adoption of ‘industry 4.0’ across the globe is expected to offer immense growth opportunities for the mobile cobots market in coming years.
Region Wise Performance of Mobile Cobots Industry
Asia-Pacific held the leading position in mobile cobots market over the forecast period. The developing economies such as China, Japan, South Korea, and India is accounted to a major share of the mobile cobots market. The high adoption rate of industrial automation, research, and development by manufacturer sand presence of well-established automotive and electronics manufacturers dominates the growth of Asia-Pacific mobile cobots market. However, Europe is expected to hold significant share due to the presence of well-established players and increasing adoption of mobile cobots in various end-user industries.