Soft Robotics Market

The global Soft Robotics market was valued at 253.68 Million USD in 2021 and will grow with a CAGR of 46.57% from 2021 to 2027, based on Research newly published report.
The prime objective of Soft Robotics Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Soft Robotics Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Soft robot is a new kind of robot, which can adapt to various unstructured environment and interact with human more safely. The body of the robot is made of soft material, which is generally considered to be the material whose Young`s modulus is lower than that of human muscles. Different from the traditional robot motor driving, the driving mode of soft robot mainly depends on the intelligent material used. Generally, there are dielectric elastomer (DE), ionic polymer metal composite (IPMC), shape memory alloy (SMA), shape memory polymer (SMP), etc., which can be temporarily divided into the following categories from the physical quantity of response: electric field, pressure, magnetic field, chemical reaction, light, temperature, etc.Leading manufacturers of Soft Robotics worldwide include Cyberdyne, Soft Robotics, Ekso Bionics Holdings, ReWalk Robotics, RightHand Robotics, Parker Hannifin, SRT, Myomo, Bionik Laboratories and Panasonic. In 2019, the world`s Top 10 soft robot manufacturers accounted for 49% of the market share, among which Cyberdyne is the world`s largest soft robot manufacturer, with a market share of 9.61%. Among different types of soft robots, Exoskeletons accounted for the highest market share, reaching 60.35% in 2019, followed by Soft Gripper with 39.65%. The production of soft robots in the world is concentrated in the United States, Europe and Japan. The share of global revenue in the three regions in 2019 is 45.80%, 24.33% and 21.80%, respectively. In 2019, China accounted for 31.84 percent of the global sales of soft robots, ranking first.
By Market Verdors:

• Cyberdyne
• Soft Robotics
• Ekso Bionics Holdings
• ReWalk Robotics
• RightHand Robotics
• Parker Hannifin
• Beijing Soft Robot Tech Co.,Ltd
• Myomo
• Bionik Laboratories
• Panasonic

By Types:

• Soft Gripper
• Inflatable Robots
• Exoskeletons

By Applications:

• Medical & Healthcare
• Food
• Logistics
• 3C

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
• Besides the standard structure reports, we also provide custom research according to specific requirements