Press Release Description

Global Intelligent Soft Robotics Market is expected to grow at a CAGR of 37% during 2021-26

According to the MarkNtel Advisors research report, "Global Intelligent Soft Robotics Market Analysis, 2021," the market is likely to grow at a CAGR of 37% in the forecast period of 2021-26. Soft robots are robots made of substances like gels, fluids, and elastomers. The properties of elastic & rheological allow robots to adapt in the desired shape & perform tasks and withstand barriers and severe environmental circumstances. These elastically soft & versatile robots are frequently finding their adoption across multiple end-use verticals. Hence, the overall market is likely to witness robust growth in the forecast period.

Collaborative-Robots to Witness Fastest Growth

Based on the Type, the Collaborative-Robots (Co-Robots) shall witness the fastest market growth in the forecast years. Factors like the lowered cost of sensors and the popularity of the existing robots are notable indications that robotics are working through significant development & transformation. With the approach of self-learning, the Co-Robots market shall attain drastic shifts in the forecast period. Furthermore, the necessity for human safety in the manufacturing units further boosts the demand for Co-robots, thereby leading to the segment growth in the global market.

"Global Intelligent Soft Robotics Market Analysis, 2021" provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Intelligent Soft Robotics providers across the globe. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies to formulate 'Go to Market' strategies and identify the blue ocean for their offerings. 

Asia-Pacific Exhibits Fastest Growth

Due to the massive enactment of the technology with progressing productions, the Asia-Pacific region is the fastest-growing market for soft robotics. The provincial market players are playing a vital role in the innovation & development of the soft robotics industry. In the region, countries like China & Japan consider wearables as a means to prevent workplace injury. It further allows aging workers to stay in the workforce for a longer time, making these countries thoroughly invest in developing robotic exoskeletons. Therefore, the Asia-Pacific region is likely to contribute to the overall market growth in the forecast period, reveals MarkNtel Advisors in their research report, "Global Intelligent Soft Robotics Market Analysis, 2021."

According to MarkNtel Advisors, the major leading players in the Global Intelligent Soft Robotics Market are Universal Robots A/S, Techman Robot, ABB Ltd., FANUC Corporation, KUKA AG, Yaskawa Electric Corporation, AUBO Robotics Inc., Kawasaki, ReWalk Robotics Ltd., RightHand Robotics Inc., F&P Robotics AG, Ekso Bionics Holdings, and KAWADA Robotics Corporation.

Key questions answered in the study

  1. What are the current and future trends in the Global Intelligent Soft Robotics Market?
  2. How has the industry been evolving in terms of geography and services adoption?
  3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
  4. What are the key growth drivers & challenges for the Global Intelligent Soft Robotics Market?
  5. Global Intelligent Soft Robotics Market service providers across various regions?

Market Segmentation:

  1. By Type (Collaborative Robots (Co-Robots), Inflated Robots (Engine Inspection, Marine Inspection, Space Exploration, Radioactive Environment) Soft Grippers, Wearable, Others)
  2. By End-User (Healthcare (Prosthetics, Soft Surgical Robots), Logistics, Defense, Food & Beverage, Space)
  3. By Industry (Hardware (Actuators (PneuNets Bending Actuators, Fiber-Reinforced Actuators, Pneumatic Artificial Muscles, SDM Fingers, Dielectric Elastomer Actuators, Combustion-Driven Actuators, Multi-Module Variable Stiffness Manipulator, Tunable Segmented Soft Actuators, Hot Glue Kit, HPN Manipulator, Foam-Based Soft Actuators, Knit Textile Bending Actuators), (Sensors (EGaIn Sensors, TakkTile Sensors, Smart Braids, TacTip, Pneumatic Deformation Sensors, ConTact Sensors), ((Controls (Control Board, SOFA Framework, Electro-Pneumatic Circuit, Modeling and Manufacturing Systems, Modeling, Modeling and Design Toll for Soft Pneumatic Actuators, SOFA Framework, Laser Cutting, 3D Printing, 3D Silicone Printer, Parametric Tool to Generate 3D Printable PneuNet Bending Actuator Molds, Miscellaneous), Software)
  4. By Mobility (Stationary Soft Robots, Mobile Soft Robots)
  5. By Region (North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa)
  6. By Competitors (Universal Robots A/S, Techman Robot, ABB Ltd., FANUC Corporation, KUKA AG, Yaskawa Electric Corporation, AUBO Robotics Inc., Kawasaki, ReWalk Robotics Ltd, Rethink Robotics, RightHand Robotics Inc., Soft Robotics Inc., Inc., F&P Robotics AG, Ekso Bionics Holdings, and KAWADA Robotics Corporation)