Global Soft Robotics Market 2021-2031 by Component (Hardware, Software, Services), Robot Type (Grippers, Exoskeletons, Cobots, Inflated Robots, Others), Mobility (Stationery, Mobile), Application, Industry Vertical, Organization Size, and Region: Trend Forecast and Growth Opportunity
Global soft robotics market will reach $18,154.9 million by 2031, growing by 33.8% annually over 2021-2031, driven by the mounting demand for safety and automation in numerous end-user industries, rapid advancements in robotic technology, increasing benefits from the novel soft robotics, and the growing R&D investments along with government supports.
Highlighted with 84 tables and 93 figures, this 175-page report “Global Soft Robotics Market 2021-2031 by Component (Hardware, Software, Services), Robot Type (Grippers, Exoskeletons, Cobots, Inflated Robots, Others), Mobility (Stationery, Mobile), Application, Industry Vertical, Organization Size, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global soft robotics market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global soft robotics market in every aspect of the classification from perspectives of Component, Robot Type, Mobility, Application, Industry Vertical, Organization Size, and Region.
Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Hardware
o Actuators
o Sensors
o Controls
o Modeling and Manufacturing Systems
o Other Hardware
• Software
• Services
Based on Robot Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Soft Robotic Grippers
• Exoskeletons
• Collaborative Robots (Cobots)
• Inflated Robots
• Other Robot Types
By Mobility, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Stationery Soft Robotics
• Mobile Soft Robotics
By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Human-machine Interface and Interaction
• Medical and Surgical Applications
• Locomotion and Exploration
• Manipulation
• Rehabilitation and Wearable Robots
By Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Healthcare
• Automotive
• Food & Beverage
• Advanced Manufacturing
• Retail & E-commerce
• Defense
• Other Industry Verticals
By Organization Size, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• SMEs
• Large Enterprises
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Switzerland; Rest of Europe is further segmented into Russia, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE，Saudi Arabia， South Africa and Rest of MEA)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of each national market by Component, Robot Type and Industry Vertical over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
ABB Ltd.
Bioservo Technologies AB
Cyberdyne Inc.
Ekso Bionics Holdings Inc.
F&P Robotics AG
FANUC Corporation
Festo AG
Pneubotics Inc.
Rewalk Robotics Ltd.
Righthand Robotics Inc.
Roam Robotics
Soft Robotics Inc.
Universal Robots A/S
Yaskawa Electric Corporation
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 21
2.1 Market Size and Forecast 21
2.1.1 Impact of COVID-19 on World Economy 23
2.1.2 Impact of COVID-19 on the Market 27
2.2 Major Growth Drivers 29
2.3 Market Restraints and Challenges 33
2.4 Emerging Opportunities and Market Trends 36
2.5 Porter’s Fiver Forces Analysis 40
3 Segmentation of Global Market by Component 44
3.1 Market Overview by Component 44
3.2 Hardware 46
3.2.1 Actuators 48
3.2.2 Sensors 49
3.2.3 Controls 50
3.2.4 Modeling and Manufacturing Systems 51
3.2.5 Other Hardware 52
3.3 Software 53
3.4 Services 54
4 Segmentation of Global Market by Robot Type 55
4.1 Market Overview by Robot Type 55
4.2 Soft Robotic Grippers 57
4.3 Exoskeletons 58
4.4 Collaborative Robots (Cobots) 59
4.5 Inflated Robots 60
4.6 Other Robot Types 61
5 Segmentation of Global Market by Mobility 62
5.1 Market Overview by Mobility 62
5.2 Stationery Soft Robotics 64
5.3 Mobile Soft Robotics 65
6 Segmentation of Global Market by Application 66
6.1 Market Overview by Application 66
6.2 Human-machine Interface and Interaction 68
6.3 Medical and Surgical Applications 69
6.4 Locomotion and Exploration 70
6.5 Manipulation 71
6.6 Rehabilitation and Wearable Robots 72
7 Segmentation of Global Market by Industry Vertical 73
7.1 Market Overview by Industry Vertical 73
7.2 Healthcare 75
7.3 Automotive 76
7.4 Food & Beverage 77
7.5 Advanced Manufacturing 78
7.6 Retail & E-commerce 79
7.7 Defense 80
7.8 Other Industry Verticals 81
8 Segmentation of Global Market by Organization Size 82
8.1 Market Overview by Organization Size 82
8.2 SMEs 84
8.3 Large Enterprises 85
9 Segmentation of Global Market by Region 86
9.1 Geographic Market Overview 2021-2031 86
9.2 North America Market 2021-2031 by Country 90
9.2.1 Overview of North America Market 90
9.2.2 U.S. 94
9.2.3 Canada 97
9.2.4 Mexico 99
9.3 European Market 2021-2031 by Country 101
9.3.1 Overview of European Market 101
9.3.2 Germany 105
9.3.3 U.K. 107
9.3.4 France 109
9.3.5 Spain 111
9.3.6 Italy 113
9.3.7 Switzerland 115
9.3.8 Rest of European Market 117
9.4 Asia-Pacific Market 2021-2031 by Country 119
9.4.1 Overview of Asia-Pacific Market 119
9.4.2 Japan 123
9.4.3 China 126
9.4.4 Australia 128
9.4.5 India 130
9.4.6 South Korea 132
9.4.7 Rest of APAC Region 134
9.5 South America Market 2021-2031 by Country 136
9.5.1 Argentina 139
9.5.2 Brazil 141
9.5.3 Chile 143
9.5.4 Rest of South America Market 145
9.6 MEA Market 2021-2031 by Country 146
9.6.1 UAE 149
9.6.2 Saudi Arabia 151
9.6.3 South Africa 153
9.6.4 Other National Markets 155
10 Competitive Landscape 156
10.1 Overview of Key Vendors 156
10.2 New Product Launch, Partnership, Investment, and M&A 159
10.3 Company Profiles 160
ABB Ltd. 160
Bioservo Technologies AB 162
Cyberdyne Inc. 163
Ekso Bionics Holdings Inc. 164
F&P Robotics AG 165
FANUC Corporation 166
Festo AG 167
Pneubotics Inc. 168
Rewalk Robotics Ltd. 169
Righthand Robotics Inc. 170
Roam Robotics 171
Soft Robotics Inc. 172
Universal Robots A/S 173
Yaskawa Electric Corporation 174
RELATED REPORTS 175
ABB Ltd.
Bioservo Technologies AB
Cyberdyne Inc.
Ekso Bionics Holdings Inc.
F&P Robotics AG
FANUC Corporation
Festo AG
Pneubotics Inc.
Rewalk Robotics Ltd.
Righthand Robotics Inc.
Roam Robotics
Soft Robotics Inc.
Universal Robots A/S
Yaskawa Electric Corporation
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
| Historical Data (2015-2019) |
|
|
| Influencing Factors |
|
|
| Market Forecast (2021-2026) |
|
|
Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
| Market Size |
|
|
| Market Position of Top Company |
|
|
| Qualitative Analysis |
|
|
Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
| Primary Sources | Parameters | Key Data |
| Market Segments(by Application, by Type) |
|
|
| Total Market |
|
|