Global Soft Robotics Market size was valued at US$ 1078.09 Mn. in 2022 and the total revenue is expected to grow at 39.00 % through 2023 to 2029, reaching nearly US$ 10808.36 Mn.Global Soft Robotics Market Overview:
Soft robots are comprised of malleable materials such as fluids, gels, and synthetic rubber, and their elastic and rheological qualities allow them to adjust to the desired shape and execute a wide range of activities while overcoming barriers and severe climate changes. Soft robotics is a discipline that relies on mimicking the moving processes of soft bodies found in nature to achieve smooth and complicated motion. Soft robots are intended to overcome problems associated with standard robots built of hard materials. Such robots provide great flexibility and adaptation for task completion, as well as increased safety when working alongside people. As a result, they are growing rapidly in sophisticated production.Soft Robotics Market Snapshot
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Global Soft Robotics Market Dynamics:
The main driving force of the software robot market is the continuous improvement of automation in the food and beverage industry and the continuous expansion of research and development in the robotics industry. Despite the COVID-19 problem, governments around the world have initiated a number of research and development programs to encourage the importance of robotic systems to industries around the world. Similarly, the rising prices in the healthcare sector give ample potential for growth in the Soft Robotics market. Soft robots have intrinsic benefits that make them ideal for use with people and biological tissues. Several of the research areas most likely to employ Soft Robotics is reduced invasive surgery (MIS). This is due to the fact that it overcomes traditional MIS approaches' shortcomings, such as restricted flexibility. Furthermore, the rising need for automation and human safety in manufacturing units may propel the growth of the Soft Robotics market. Exoskeletons are a novel type of gear that can safeguard warehouses and industrial workers from back, neck, and spine injuries caused by heavy, repeated weight lifting. Capital investment in robots, on the other hand, is estimated to be a key restriction on the market, limiting expected expansion over the projection period, which concludes in 2029. The cost of obtaining market goods and services are high, limiting entrepreneurs and small firms' capacity to reap market benefits and improve their quality and efficiency throughout the forecast period.Global Soft Robotics Market Segment Analysis:
Based on the Type, the global Soft Robotics market is segmented into Soft Grippers, Cobots, Inflated robots, Wearable robots (Exoskeletons), Edible robots, and others. The wearable robots (Exoskeletons) segment is expected to hold the largest market share of xx% by 2029. When compared to soft grippers and soft co-robots, exoskeletons have been marketed and have an increased market penetration. This is due to the increased focus on healthcare industry research on the basis of the requirement for human involvement. So, these major benefits will drive the expansion of the control valves segment in the global Soft Robotics market during the forecast period 2023-2029. Based on the Application, the global Soft Robotics market is segmented into Medical and Healthcare, Food and Beverages, Logistics, Entertainment & Gaming, Automotive, Survey & Exploration, and Others. The medical and Healthcare segment is expected to grow at a higher CAGR of xx% in the global Soft Robotics market during the forecast period 2023-2029. Soft robots have the intrinsic benefit of being compatible with the natural tissues of humans and biological organisms. Minimally invasive surgery (MIS) is one of the study fields where soft robots have a high potential for use. This is due to the fact that it eliminates the shortcomings of conventional MIS approaches, including a limited level of flexibility.
Global Soft Robotics Market Regional Insights:
North America dominates the global Soft Robotics market during the forecast period 2023-2029. North America is expected to hold the largest market share of xx% by 2029. Increasing growth in per capita wealth in the United States has resulted in an increasing demand for both durable and non-durable items, emphasizing the need for a safe and efficient manufacturing method. As a result, firms producing both durable and non-durable items are progressively incorporating large assembly lines into their production processes in order to fulfill the demand for these commodities. The expansion of warehousing and distribution hubs is also important. According to the US Commerce Department, internet sales accounted for 11.3 % of overall retail sales, an increase from 10.9 %previously. This will increase the demand for warehouse management to improve efficiency, therefore creating room for the researched market. So, this major factor will drive the growth of this region in the global Soft Robotics market during the forecast period. The objective of the report is to present a comprehensive analysis of the global Soft Robotics Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the global Soft Robotics Market dynamic, structure by analyzing the market segments and project the global Soft Robotics Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Soft Robotics Market make the report investor’s guide.Global Soft Robotics Market Scope: Inquire before buying
Global Soft Robotics Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 1078.09 Mn. Forecast Period 2023 to 2029 CAGR: 39% Market Size in 2029: US $ 10808.36 Mn. Segments Covered: by Type Soft Grippers Cobots Inflated robots Wearable robots (Exoskeletons) Edible robots Others by Application Medical and Healthcare Food and Beverages Logistics Entertainment & Gaming Automotive Survey & Exploration Others Global Soft Robotics Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)Global Soft Robotics Market, Key Players are
1. KAWADA Robotics Corporation 2. F&P Robotics AG 3. Ekso Bionics Holdings, Inc. 4. Soft Robotics Inc. 5.RightHand Robotics Inc. 6. ReWalk Robotics Ltd. 7. Rethink Robotics 8. Kawasaki 9. Yaskawa Electric Corporation 10. AUBO Robotics Inc. 11. KUKA AG 12. ABB Ltd. 13. Techman Robot 14. FANUC Corporation 15. Universal Robots A/SFrequently Asked Questions:
1] What segments are covered in Soft Robotics Market report? Ans. The segments covered in Soft Robotics Market report are based on Type, and Application. 2] Which region is expected to hold the highest share in the global Soft Robotics Market? Ans. North America is expected to hold the highest share in the global Soft Robotics Market. 3] What is the market size of global Soft Robotics Market by 2029? Ans. The market size of global Soft Robotics Market by 2029 is US $ 10808.36 Mn. 4] Who are the top key players in the global Soft Robotics Market? Ans. KAWADA Robotics Corporation, F&P Robotics AG, Ekso Bionics Holdings, Inc., Soft Robotics Inc., RightHand Robotics Inc., are the top key players in the global Soft Robotics Market. 5] What was the market size of global Soft Robotics Market in 2022? Ans. The market size of global Soft Robotics Market in 2022 was US $ 1078.09 Mn.
1. Soft Robotics Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Soft Robotics Market: Dynamics 2.1. Soft Robotics Market Trends by Region 2.1.1. North America Soft Robotics Market Trends 2.1.2. Europe Soft Robotics Market Trends 2.1.3. Asia Pacific Soft Robotics Market Trends 2.1.4. Middle East and Africa Soft Robotics Market Trends 2.1.5. South America Soft Robotics Market Trends 2.2. Soft Robotics Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Soft Robotics Market Drivers 2.2.1.2. North America Soft Robotics Market Restraints 2.2.1.3. North America Soft Robotics Market Opportunities 2.2.1.4. North America Soft Robotics Market Challenges 2.2.2. Europe 2.2.2.1. Europe Soft Robotics Market Drivers 2.2.2.2. Europe Soft Robotics Market Restraints 2.2.2.3. Europe Soft Robotics Market Opportunities 2.2.2.4. Europe Soft Robotics Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Soft Robotics Market Drivers 2.2.3.2. Asia Pacific Soft Robotics Market Restraints 2.2.3.3. Asia Pacific Soft Robotics Market Opportunities 2.2.3.4. Asia Pacific Soft Robotics Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Soft Robotics Market Drivers 2.2.4.2. Middle East and Africa Soft Robotics Market Restraints 2.2.4.3. Middle East and Africa Soft Robotics Market Opportunities 2.2.4.4. Middle East and Africa Soft Robotics Market Challenges 2.2.5. South America 2.2.5.1. South America Soft Robotics Market Drivers 2.2.5.2. South America Soft Robotics Market Restraints 2.2.5.3. South America Soft Robotics Market Opportunities 2.2.5.4. South America Soft Robotics Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Soft Robotics Industry 2.8. Analysis of Government Schemes and Initiatives For Soft Robotics Industry 2.9. Soft Robotics Market Trade Analysis 2.10. The Global Pandemic Impact on Soft Robotics Market 3. Soft Robotics Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Soft Robotics Market Size and Forecast, by Type (2022-2029) 3.1.1. Soft Grippers 3.1.2. Cobots 3.1.3. Inflated robots 3.1.4. Wearable robots (Exoskeletons) 3.1.5. Edible robots 3.1.6. Others 3.2. Soft Robotics Market Size and Forecast, by Application (2022-2029) 3.2.1. Medical and Healthcare 3.2.2. Food and Beverages 3.2.3. Logistics 3.2.4. Entertainment & Gaming 3.2.5. Automotive 3.2.6. Survey & Exploration 3.2.7. Others 3.3. Soft Robotics Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Soft Robotics Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Soft Robotics Market Size and Forecast, by Type (2022-2029) 4.1.1. Soft Grippers 4.1.2. Cobots 4.1.3. Inflated robots 4.1.4. Wearable robots (Exoskeletons) 4.1.5. Edible robots 4.1.6. Others 4.2. North America Soft Robotics Market Size and Forecast, by Application (2022-2029) 4.2.1. Medical and Healthcare 4.2.2. Food and Beverages 4.2.3. Logistics 4.2.4. Entertainment & Gaming 4.2.5. Automotive 4.2.6. Survey & Exploration 4.2.7. Others 4.3. North America Soft Robotics Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Soft Robotics Market Size and Forecast, by Type (2022-2029) 4.3.1.1.1. Soft Grippers 4.3.1.1.2. Cobots 4.3.1.1.3. Inflated robots 4.3.1.1.4. Wearable robots (Exoskeletons) 4.3.1.1.5. Edible robots 4.3.1.1.6. Others 4.3.1.2. United States Soft Robotics Market Size and Forecast, by Application (2022-2029) 4.3.1.2.1. Medical and Healthcare 4.3.1.2.2. Food and Beverages 4.3.1.2.3. Logistics 4.3.1.2.4. Entertainment & Gaming 4.3.1.2.5. Automotive 4.3.1.2.6. Survey & Exploration 4.3.1.2.7. Others 4.3.2. Canada 4.3.2.1. Canada Soft Robotics Market Size and Forecast, by Type (2022-2029) 4.3.2.1.1. Soft Grippers 4.3.2.1.2. Cobots 4.3.2.1.3. Inflated robots 4.3.2.1.4. Wearable robots (Exoskeletons) 4.3.2.1.5. Edible robots 4.3.2.1.6. Others 4.3.2.2. Canada Soft Robotics Market Size and Forecast, by Application (2022-2029) 4.3.2.2.1. Medical and Healthcare 4.3.2.2.2. Food and Beverages 4.3.2.2.3. Logistics 4.3.2.2.4. Entertainment & Gaming 4.3.2.2.5. Automotive 4.3.2.2.6. Survey & Exploration 4.3.2.2.7. Others 4.3.3. Mexico 4.3.3.1. Mexico Soft Robotics Market Size and Forecast, by Type (2022-2029) 4.3.3.1.1. Soft Grippers 4.3.3.1.2. Cobots 4.3.3.1.3. Inflated robots 4.3.3.1.4. Wearable robots (Exoskeletons) 4.3.3.1.5. Edible robots 4.3.3.1.6. Others 4.3.3.2. Mexico Soft Robotics Market Size and Forecast, by Application (2022-2029) 4.3.3.2.1. Medical and Healthcare 4.3.3.2.2. Food and Beverages 4.3.3.2.3. Logistics 4.3.3.2.4. Entertainment & Gaming 4.3.3.2.5. Automotive 4.3.3.2.6. Survey & Exploration 4.3.3.2.7. Others 5. Europe Soft Robotics Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Soft Robotics Market Size and Forecast, by Type (2022-2029) 5.2. Europe Soft Robotics Market Size and Forecast, by Application (2022-2029) 5.3. Europe Soft Robotics Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Soft Robotics Market Size and Forecast, by Type (2022-2029) 5.3.1.2. United Kingdom Soft Robotics Market Size and Forecast, by Application (2022-2029) 5.3.2. France 5.3.2.1. France Soft Robotics Market Size and Forecast, by Type (2022-2029) 5.3.2.2. France Soft Robotics Market Size and Forecast, by Application (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Soft Robotics Market Size and Forecast, by Type (2022-2029) 5.3.3.2. Germany Soft Robotics Market Size and Forecast, by Application (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Soft Robotics Market Size and Forecast, by Type (2022-2029) 5.3.4.2. Italy Soft Robotics Market Size and Forecast, by Application (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Soft Robotics Market Size and Forecast, by Type (2022-2029) 5.3.5.2. Spain Soft Robotics Market Size and Forecast, by Application (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Soft Robotics Market Size and Forecast, by Type (2022-2029) 5.3.6.2. Sweden Soft Robotics Market Size and Forecast, by Application (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Soft Robotics Market Size and Forecast, by Type (2022-2029) 5.3.7.2. Austria Soft Robotics Market Size and Forecast, by Application (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Soft Robotics Market Size and Forecast, by Type (2022-2029) 5.3.8.2. Rest of Europe Soft Robotics Market Size and Forecast, by Application (2022-2029) 6. Asia Pacific Soft Robotics Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Soft Robotics Market Size and Forecast, by Type (2022-2029) 6.2. Asia Pacific Soft Robotics Market Size and Forecast, by Application (2022-2029) 6.3. Asia Pacific Soft Robotics Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Soft Robotics Market Size and Forecast, by Type (2022-2029) 6.3.1.2. China Soft Robotics Market Size and Forecast, by Application (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Soft Robotics Market Size and Forecast, by Type (2022-2029) 6.3.2.2. S Korea Soft Robotics Market Size and Forecast, by Application (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Soft Robotics Market Size and Forecast, by Type (2022-2029) 6.3.3.2. Japan Soft Robotics Market Size and Forecast, by Application (2022-2029) 6.3.4. India 6.3.4.1. India Soft Robotics Market Size and Forecast, by Type (2022-2029) 6.3.4.2. India Soft Robotics Market Size and Forecast, by Application (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Soft Robotics Market Size and Forecast, by Type (2022-2029) 6.3.5.2. Australia Soft Robotics Market Size and Forecast, by Application (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Soft Robotics Market Size and Forecast, by Type (2022-2029) 6.3.6.2. Indonesia Soft Robotics Market Size and Forecast, by Application (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Soft Robotics Market Size and Forecast, by Type (2022-2029) 6.3.7.2. Malaysia Soft Robotics Market Size and Forecast, by Application (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Soft Robotics Market Size and Forecast, by Type (2022-2029) 6.3.8.2. Vietnam Soft Robotics Market Size and Forecast, by Application (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Soft Robotics Market Size and Forecast, by Type (2022-2029) 6.3.9.2. Taiwan Soft Robotics Market Size and Forecast, by Application (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Soft Robotics Market Size and Forecast, by Type (2022-2029) 6.3.10.2. Rest of Asia Pacific Soft Robotics Market Size and Forecast, by Application (2022-2029) 7. Middle East and Africa Soft Robotics Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Soft Robotics Market Size and Forecast, by Type (2022-2029) 7.2. Middle East and Africa Soft Robotics Market Size and Forecast, by Application (2022-2029) 7.3. Middle East and Africa Soft Robotics Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Soft Robotics Market Size and Forecast, by Type (2022-2029) 7.3.1.2. South Africa Soft Robotics Market Size and Forecast, by Application (2022-2029) 7.3.2. GCC 7.3.2.1. GCC Soft Robotics Market Size and Forecast, by Type (2022-2029) 7.3.2.2. GCC Soft Robotics Market Size and Forecast, by Application (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria Soft Robotics Market Size and Forecast, by Type (2022-2029) 7.3.3.2. Nigeria Soft Robotics Market Size and Forecast, by Application (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Soft Robotics Market Size and Forecast, by Type (2022-2029) 7.3.4.2. Rest of ME&A Soft Robotics Market Size and Forecast, by Application (2022-2029) 8. South America Soft Robotics Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Soft Robotics Market Size and Forecast, by Type (2022-2029) 8.2. South America Soft Robotics Market Size and Forecast, by Application (2022-2029) 8.3. South America Soft Robotics Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Soft Robotics Market Size and Forecast, by Type (2022-2029) 8.3.1.2. Brazil Soft Robotics Market Size and Forecast, by Application (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Soft Robotics Market Size and Forecast, by Type (2022-2029) 8.3.2.2. Argentina Soft Robotics Market Size and Forecast, by Application (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Soft Robotics Market Size and Forecast, by Type (2022-2029) 8.3.3.2. Rest Of South America Soft Robotics Market Size and Forecast, by Application (2022-2029) 9. Global Soft Robotics Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Soft Robotics Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. KAWADA Robotics Corporation 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. F&P Robotics AG 10.3. Ekso Bionics Holdings, Inc. 10.4. Soft Robotics Inc. 10.5. RightHand Robotics Inc. 10.6. ReWalk Robotics Ltd. 10.7. Rethink Robotics 10.8. Kawasaki 10.9. Yaskawa Electric Corporation 10.10. AUBO Robotics Inc. 10.11. KUKA AG 10.12. ABB Ltd. 10.13. Techman Robot 10.14. FANUC Corporation 10.15. Universal Robots A/S 11. Key Findings 12. Industry Recommendations 13. Soft Robotics Market: Research Methodology 14. Terms and Glossary