Soft Robotics Market Size is Expected to Reach $3.41 Billion by 2027

Soft Robotics Market Trends

PORTLAND, OREGON, UNITED STATES, November 29, 2021 / — Allied Market Research published latest report, titled, “Soft Robotics Market by Type (Soft Grippers, Cobots, Inflated Robotics, and Exoskeleton), Component (Hardware and Software), and End User (Healthcare, Advanced Manufacturing, Food & Beverage, Logistics, and Others): Opportunity Analysis and Industry Forecast, 2020–2027.” According to a report, the global soft robotics market size was valued at $573.8 billion in 2019, and is projected to reach at $3.41 billion by 2027, growing at a CAGR of 30.7% from 2020 to 2027.

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The global Soft Robotics Market report provides an in-depth study of the market dynamics such as drivers, restraints, opportunities, and the current market scenario. The report also focuses on the subjective aspect of the industry. Furthermore, the Soft Robotics Market takes in the key findings, in regards to market overview and investment opportunities. At the same time, the report also encompasses the competitive landscape including comprehensive profiles of the major frontrunners in the industry.

The leading players are considered based on their revenue size, product portfolio, market share, key marketing stratagems, and overall contribution to the market growth.

Major players profiled in the report are Bioservo technologies AB, Cyberdyne Inc., Ekso bionics Holdings, Inc., F&P Robotics AG, Festo AG, Rewalk Robotics Ltd., Righthand Robotics Inc., Roam Robotics, Soft Robotics Inc., and Yaskawa Electric Corporation.

The global Soft Robotics Market share is analyzed on the basis of type, application, end user, and region. By region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. The region across North America is classified into the U.S, Canada, and Mexico. Europe includes countries such as Germany, the UK, France, Italy, Spain, and rest of Europe. At the same time, Asia-Pacific covers countries such as Japan, China, South Korea, India, and rest of Asia-Pacific. Finally, LAMEA is segmented into Latin America, the Middle East, and Africa

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COVID-19 impact analysis

The outbreak of the COVID-19 pandemic left a significant impact on the global economy. The Soft Robotics Market report provides a detailed study of the micro- and macro-economic impacts of the pandemic. Moreover, the analysis depicts the direct impact of COVID-19 on the Soft Robotics Market growth. It recapitulates detailed information about the market extent and shares owing to the impact of the outbreak. The report also emphasizes on the supply chain and the Soft Robotics Market sales. Last but not the least; the study also exhibits a post-COVID-19 scenario, portraying different measures and initiatives taken by government bodies across the world.

Major Inclusions-

• Qualitative as well as quantitative assessment of the market on the basis of the detailed categorization involving both the economic and non-economic factors.
• Analysis at country and regional level, which portrays the Soft Robotics Market share of the product or service in different regions.
• Elaborative company profiles section, which provides different pointers such as key executives, business enactment, company overview, product/service portfolio, R&D expenditure, current scenario, and prime strategies of the key market players.
• The forecasted market outlook of the Soft Robotics Market based on recent developments, which incorporate the analysis of drivers, market trends, and growth opportunities.
• The COVID-19 impact on the Soft Robotics Market Growth
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

David Correa
Allied Analytics LLP
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