The main factors propelling the market for Collaborative robot markets are the development of various applications for the assembly and production of electronic goods, new automotive processes, and various modeling operations used in small and medium-sized manufacturing companies. Cobots, also called Collaborative robot markets, can handle a wide range of tasks to assist people/workforce. Moreover, built-in sensors, passive compliance, and overcurrent detection are some of the safety features that Collaborative robot markets possess, thereby, driving the growth of the market. Market Segmentation The global Collaborative robot market is divided into Payload Capacity, Application, and Industry. Based on Payload Capacity, the market is divided into Up to 5 Kg, Between 5 and 10 Kg, and Above 10 Kg. By Application, the market is divided into Assembly, Pick & Place, Machine Tending, Quality Testing, Material Handling, Packaging & Palletizing, Gluing & Welding, and Others. By Industry, the market is divided into Automotive, Electronics, Metals & Machining, Plastics & Polymers, Food & Beverages, Healthcare, Furniture & Equipment, and Others. Market Players Major market players are Universal Robots A/S, Rethink Robotics, ABB, KUKA AG, FANUC Corporation, Robert Bosch GmbH, major market players in the global Collaborative robot market MRK-Systeme GmbH, Precise Automation, Inc., F&P Robotics AG, and Energid Technologies Corporation, and many more. Download Free Sample Report: https://www.techsciresearch.com/sample-report.aspx?cid=3560 (Use your Corporate E-mail Id for Faster Response) For More Information Visit: https://www.techsciresearch.com/report/collaborative-robot-market/3560.html