Report Highlights
The global market for soft robotics should grow from $858.8 million in 2021 to $4.3 billion by 2026, at compound annual growth rate (CAGR) of 37.8% for the period of 2021-2026.
Report Includes
- 34 data tables and 27 additional tables
- An overview of the global markets for soft robotics technologies
- Analyses of the global market trends, with data from 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2026
- Evaluation and forecast the overall global market size, projected growth trends, and corresponding market share analysis by robot type, solution, robot performed task, end-user industry, and region
- In-depth information (facts and figures) concerning market drivers, market deterrents and other demographic and economic factors that will influence the future marketplace
- Highlights of emerging technology trends, gaps and opportunities in the market estimating current and future demand for soft robotics, and COVID-19 implications within the marketplace
- Identification of the companies which are best positioned to meet this demand owing to their proprietary technologies and product innovations
- Review of the current market status for soft robotics, key technology issues, supply chain analysis, competitive scenario, R&D activities, and COVID-19 implications on the progress of this market
- Key merger and acquisition deals, new solution launches, and other strategic alliances within the industry
- Descriptive company profiles of the leading global players including ABB Ltd., Bioservo, Cyberdyne Inc., Festo AG, Kuka AG, Roam Robotics, Soft Robotics Inc., and Yaskawa Electric Corp.
Report Scope
The report provides an overview of the global soft robotics market, analyzes market trends and delivers a qualitative analysis of the application landscape. The report provides estimated market data for the forecast period from 2021 through 2026, with 2020 serving as the base year.
Revenue forecasts for this period are segmented based on robot type, solution type, industry and region. Market values have been estimated based on the total segmental revenue of the products catering to the market. The report covers the market for soft robotics with regard to their deployment across different regions. It also focuses on the major trends and challenges that affect the market and the vendor landscape.
Report Synopsis
Report Metrics | Details | ||||||||||||||||
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Base year considered | 2020 | ||||||||||||||||
Forecast period considered | 2021-2026 | ||||||||||||||||
Base year market size | $629.6 million | ||||||||||||||||
Market size forecast | $4.2 billion | ||||||||||||||||
Growth rate | CAGR of 37.8% from 2021 to 2026 | ||||||||||||||||
Units considered | $ Millions | ||||||||||||||||
Segments covered | Robot Type, Solution Type, Industry | ||||||||||||||||
Regions covered | North America, Europe, Asia-Pacific, Rest of the World (RoW) | ||||||||||||||||
Key Market Drivers |
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Companies studied |
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Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
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