The Global Soft Robotics Market is accounted for $308.05 million in 2017 and is expected to reach $5,776.59 million by 2026 growing at a CAGR of 38.5% during the forecast period. Some of the key factors influencing the market growth include increasing usage of medical and health care industry and the need for human safety in manufacturing units. However, the high cost of installation is restricting market growth.
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Major market player included in this report are:
ABB, Bionik Laboratories, Cyberdyne, Ekso Bionics Holdings, Empire Robotics, FANUC America Corporation, KUKA AG, Otherlab Orthotics, Pneubotics, Inc., ReWalk Robotics, RightHand Robotics, Inc., Soft Robotics Inc, SynTouch LLC, and Yaskawa Electric.
Soft Robotics is the exact subfield of robotics commerce with constructing robots from extremely acquiescent equipment, similar to those established in alive organisms. It draws heavily from the way in which living organisms move and adapt to their surroundings. Indifference to robots built from rigid equipment, soft robots allow for increased suppleness and adaptability for accomplishing tasks, as well as improved safety when working around humans.
This market research report administers a broad view of the Soft Robotics market on a global basis, presenting a forecast and statistics in terms of revenue during the forecast period. It covers an illustrative study with detailed segmentation, complete research and development history, latest news and press releases. Additionally, it demonstrates the future aspects and portrays a sketch of the key players involved in the Soft Robotics market’s growth in terms of revenue.
The report contains imperative and pivotal details affecting the developments and growth of the market and also talks about the restricting factors that may restrain the Soft Robotics market growth during the forecast period. Segmentation of the market are examined specifically to provide knowledge for supplementary market investments. Segmentation of the market on the basis of Administration and Application are elucidated in details portraying a descriptive structure of the market trends and restrictions affecting the Soft Robotics market through the segments and sub-segments.
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The report also provides the market size and estimates a forecast from the year 2017 to 2026 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America providing an exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors affecting the Soft Robotics market.
The report also analyzes the factors affecting Soft Robotics market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.
What the report features:-
Global analysis of Soft Robotics market from 2017 – 2026 illustrating the progression of the market.
- Forecast and analysis of Soft Robotics market by Type Application and Regional Forecasts 2017-2026
- Forecast and analysis of Soft Robotics market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America
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Reasons to Buy the Report:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Soft Robotics Market
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- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
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Name: Sameer Joshi
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Organization: Premium Market Insights
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