According to the study, Growing adoption of robotics technology in the supply chain industry
is one of the primary growth factors for the market. Increase in the development of AI-based technologies adoption
is also expected to contribute significantly to the Soft Robotics market. Overall, Healthcare
applications of Soft Robotics, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Bioservo Technologies AB (Sweden), Cyberdyne Inc. (Japan), Ekso Bionics Holdings, Inc. (United States), F&P Robotics AG (Switzerland), Festo AG (Germany), ReWalk Robotics Ltd (Israel), RightHand Robotics Inc. (United States), Roam Robotics (United States), Soft Robotics Inc. (United States) and Yaskawa Electric Corporation (Japan) pushing strong cash flow in Market which is also a key in driving revenue growth.
AMAs Analyst on the Global Soft Robotics market identified that the demand is rising in many different parts of the world as "Innovation of robotic in small and medium-sized companies and industrial sectors
". Furthermore, some recent industry insights like "On 22 April 202, Soft Robotics announced that JMP Solutions has joined its Preferred System Integrator program. This partnership will assist to expand robotic adoption in the food sector enabled by Soft Robotics' unique food-grade soft gripping, 3D vision, and AI technologies. Also, partnership with Soft Robotics has helped to expand the path of working collaboratively with customers and designing innovative robotic. and In Jan 2019, Soft Robotics Inc. launched mGrip, the company’s first on-demand, and modular automation system which enables the rapid proliferation of soft robotics, and allows users to leverage the company’s technology to build, validate, and install production-ready systems quickly." is constantly making the industry dynamic. One of the challenges that industry facing is "Development of cost-efficient technology advancement in soft robotics and Minimizing privacy and security risk"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Soft Robotics market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Soft Robotics market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Soft Robotics market tight? Which application/end-user category or Product Type [Soft Grippers, Cobots, Inflated Robots and Exoskeleton] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Soft Robotics market and other related sub-markets covered in the study.
o Key & emerging players in the Soft Robotics market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Soft Robotics market size is calculated using market estimation process, the Soft Robotics market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Soft Robotics market size has been validated using both top-down and bottom-up approaches.