Allied Market Research published a report, titled, “Soft Robotics Market by Type (Soft Grippers, Cobots, Inflated Robotics, and Exoskeleton), Component (Hardware and Software), and End User (Healthcare, Advanced Manufacturing, Food & Beverage, Logistics, and Others): Opportunity Analysis and Industry Forecast, 2020–2027.” According to a report, the global soft robotics market size was valued at $573.8 billion in 2019, and is projected to reach at $3.41 billion by 2027, growing at a CAGR of 30.7% from 2020 to 2027.The considerable investments in the healthcare sector primarily drive the soft robotics market growth. Besides, rapid automation of industries creates lucrative opportunities for the development of new soft robots; thereby, fueling the market growth.
The research offers a detailed analysis of driving factors, restraining factors, and opportunities of the global Soft robotics market. These insights are helpful in determining further strategies and tap on opportunities to achieve long-term growth. Market players, investors, and new entrants can avail these insights for unlocking the huge potential and achieve competitive edge.
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Major Players in the Soft robotics market:
The report provides an extensive analysis of top market players operating in the global Soft robotics market size. The leading market players discussed in the report include Bioservo technologies AB, Cyberdyne Inc., Ekso bionics Holdings, Inc., F&P Robotics AG, Festo AG, Rewalk Robotics Ltd., Righthand Robotics Inc., Roam Robotics, Soft Robotics Inc., and Yaskawa Electric Corporation.
They offer various strategies such as new product launches, partnerships, joint ventures, mergers and acquisitions, collaborations, expansion, and others to gain long-term growth and make an international presence.
Key Benefits for Stakeholders
The report provides a detailed segmentation of the global Soft robotics market share based on type, applications, end user, and region. An extensive analysis of each segment and sub-segment is offered in the report. These insights are represented in the tabular and graphical formats. These insights will offer valuable guidance in adopting various strategies to achieve growth and consolidate market position during the forecast period.
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Soft robotics market: Regional Analysis
The research offers an extensive competitive landscape for the global Soft robotics market for various regions and countries. Regions analyzed in the research include North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, Italy, France, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Taiwan, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). The data and statistics regarding these regions and countries prove to be valuable in identifying strategies and exploring the potential. AMR also offers the customization services for a specific country, region, and segment as per the requirements.
COVID-19 Impact on Soft robotics market:
The report provides the impact of the Covid-19 pandemic on the global Soft robotics market growth. These insights are helpful in improvising strategies and reassessing business models to cope up with the pandemic. The major impact of the pandemic includes interruptions in manufacturing processes, disruptions in supply chain, and lack of availability of workforce. Investors and stakeholder can adapt their strategies by determining the investment feasibility as per the changing scenario.
Questions Answered in the Soft robotics market Research Report
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Key Market Segments
By Type
By Components
By End User
Key Players
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