Global Inflated Soft Robotics Market, By Components (Hardware, Software), End-User (Medical and Healthcare, Food and Beverages, Logistics, Entertainment and Gaming, Automotive, Survey and Exploration, Others) – Industry Trends and Forecast to 2029.
Inflated Soft Robotics Market Analysis and Size
Soft robotics is more readily used in the food and beverages sector. The increasing modernization and rising market strategies amongst the key market players will create significant growth opportunities for the inflated soft robotics market over the forecasted period.
Global inflated soft robotics market was valued at USD 690.30 million in 2021 and is expected to reach USD 5700.67 million by 2029, registering a CAGR of 30.20% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Inflated Soft Robotics Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Components (Hardware, Software), End-User (Medical and Healthcare, Food and Beverages, Logistics, Entertainment and Gaming, Automotive, Survey and Exploration, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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CYBERDYNE INC. (Japan), Ekso Bionics (U.S.), FANUC CORPORATION (Japan), FRANKA EMIKA GmbH (Germany), GLI Technologies (Germany), Piab AB (Sweden), ReWalk Robotics (U.S.), RightHand Robotics, Inc. (U.S.), Rolls-Royce (U.K.), SynTouch Inc. (U.S.), Ubiros (U.S.), Universal Robots (Denmark), TECHMAN ROBOT INC. (Taiwan), ABB (Switzerland), KUKA AG (Germany), YASKAWA ELECTRIC CORPORATION. (Japan), AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD (Beijing), INDIA KAWASAKI MOTORS PVT. LTD. (Japan), Ekso Bionics (U.S.), F&P Robotics AG (Switzerland), Kawada Industries Inc. (Japan)
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Market Opportunities
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Market Definition
A soft robot is made up of deformable matter such as gels, fluids and elastomers and is created to address the problems that normal robots cannot address. The rheological and elastic properties of the inflated soft robots allow them to adapt the desired shape, withstand obstacles, and perform a broad range of tasks even in harsh environmental conditions.
Global Inflated Soft Robotics Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Rising Automation in the Food and Beverages Sector
Rising automation in the food and beverages industry is the main factor driving the growth of the inflated soft robotics market over the forecasted period. The rising demand for food automation has increased significantly due to the pandemic. Food processors grappling with the labor shortage, food safety regulations and certain other factors are driving the growth of the inflated soft robotics market over the forecasted period.
- Rising adoption of robotics in Healthcare
The rising adoption of soft robots in healthcare sector fuels the market growth. The soft robots has wide range of applications in the medical and healthcare sectors such as rehabilitation, surgery, diagnosis and others. Al these applications and the factors are expected to drive the growth of the inflated soft robotics market over the forecasted period.
Opportunities
- Modernization and the Rising Market Strategies
The growing penetration of inflated soft robotics market among various sectors across the globe and the rising modernization are the factors estimated to generate lucrative opportunities for the market, which will further expand the inflated soft robotics market's growth rate in the future. The emerging class of the soft, versatile, elastically soft robots can be used across various end-users such as food and beverages, automotive, field exploration and among others.
Restraints/Challenges
- High costs and maintenance
The installation cost and increased maintenance are the major factors expected to obstruct the market's growth over the forecasted period. These factors are projected to create challenges for the inflated soft robotics market over the forecast period.
- Lack of awareness
Lack of awareness regarding the soft robotics and its applications in developing countries is also a major factor hindering the growth of the market over the forecasted period.
This inflated soft robotics market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the inflated soft robotics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Inflated Soft Robotics Market Scope
The inflated soft robotics market is segmented on the basis of components and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Components
- Hardware
- Software
End-User
- Medical and Healthcare
- Food and Beverages
- Logistics
- Entertainment and Gaming
- Automotive
- Survey and Exploration
- Others
Inflated Soft Robotics Market Regional Analysis/Insights
The inflated soft robotics market is analyzed and market size insights and trends are provided by components and end-user as referenced above.
The countries covered in the inflated soft robotics market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the inflated soft robotics market because of the development of latest technology along with equipments such as use of treatment robot and others within the region.
North America is expected to witness significant growth during the forecast period of 2022 to 2029 due to the rising demand for the region's latest technology.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Inflated Soft Robotics Market Share Analysis
The inflated soft robotics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to inflated soft robotics market.
Some of the major players operating in the inflated soft robotics market are
- CYBERDYNE INC. (Japan)
- Ekso Bionics (U.S.)
- FANUC CORPORATION (Japan)
- FRANKA EMIKA GmbH (Germany)
- GLI Technologies (Germany)
- Piab AB (Sweden)
- ReWalk Robotics (U.S.)
- RightHand Robotics, Inc. (U.S.)
- Rolls-Royce (U.K.)
- SynTouch Inc. (U.S.)
- Ubiros (U.S.)
- Universal Robots (Denmark)
- TECHMAN ROBOT INC. (Taiwan)
- ABB (Switzerland)
- KUKA AG (Germany)
- YASKAWA ELECTRIC CORPORATION. (Japan)
- AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD (Beijing)
- INDIA KAWASAKI MOTORS PVT. LTD. (Japan)
- Ekso Bionics (U.S.)
- F&P Robotics AG (Switzerland)
- Kawada Industries Inc. (Japan)
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