ASIA-PACIFIC SOFT ROBOTICS MARKET FORECAST 2021-2028

ASIA-PACIFIC SOFT ROBOTICS MARKET FORECAST 2021-2028

  • October 2021 •
  • 158 pages •
  • Report ID: 6173888 •
  • Format: PDF
KEY FINDINGS
The Asia-Pacific soft robotics market is expected to register a CAGR of 27.95% during the forecast period, 2021-2028. The rising deployment of collaborative robots in the healthcare, automotive, and electronics sectors to increase productivity is lucrative to market growth.

MARKET INSIGHTS
Thailand, Indonesia, Japan, China, Australia & New Zealand, South Korea, India, and Rest of Asia-Pacific are evaluated for the Asia-Pacific soft robotics market growth assessment.In South Korea, the industrial sector contributes consistently to the GDP.

Its subsectors include electricity, construction, water & gas, mining, and manufacturing.Also, it is one of the largest warehouse robotics markets worldwide.

Additionally, it has doubled the number of industrial robots in the past five years.
As per the International Federation of Robotics, there are over 600 installed industrial robots for every 10,000 employees in the manufacturing industry.At present, robots are also implemented in small-to-medium-sized companies (SMEs) apart from large & medium-sized enterprises.

This is accredited to their cost-effectiveness and user compatibility.
In Australia, e-commerce is a thriving sector. Especially with COVID-19, e-commerce sales have surged from 7.1% to 11%. Also, companies are increasingly investing in advancements to enhance logistics processes. For instance, in July 2020, Amazon commenced the construction of a futuristic mega warehouse in Sydney.
In countries like Thailand, the manufacturing sector is a key industry.There is a growing demand for Automation & Robotics since service providers and manufacturers opt for automation solutions to achieve optimal production efficiencies.

As a result, many are procuring collaborative robots (Cobots). These are designed to work alongside humans, given their flexibility and safety.

COMPETITIVE INSIGHTS
Some of the prominent firms in the market include Ekso Bionics Holdings Inc, QB Robotics, Cyberdyne Inc, F&P Personal Robotics, Fanuc Corporation, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1. CYBERDYNE INC
2. EKSO BIONICS HOLDINGS INC
3. F&P PERSONAL ROBOTICS
4. FANUC CORPORATION
5. FESTO AG
6. PIAB AB
7. QB ROBOTICS
8. REWALK ROBOTICS LTD
9. RIGHTHAND ROBOTICS INC
10. ROLLS-ROYCE HOLDINGS PLC
11. SOFT ROBOTICS INC