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Soft Robotics Market Share

  • Report ID: GMI10388
  • Published Date: Jul 2024
  • Report Format: PDF

Soft Robotics Market Share

The key market players in the soft robotics industry are focusing on strategic partnerships & collaborations to accelerate innovation and expand their product portfolios. They are investing heavily in R&D to enhance the capabilities & applications of soft robots, particularly in healthcare, manufacturing, and logistics. Companies are also leveraging advancements in AI & ML to improve the adaptability and intelligence of their robotic systems. Additionally, companies are expanding their presence in emerging markets and customizing their solutions to meet regional demands as part of their key strategies. These players are continuously seeking to improve the durability and performance of soft robotic materials to increase adoption across various industries.
 

Some of the other major players in the market are Yaskawa Electric Corporation, ABB Group, Kawada Robotics, Techman Robot Inc., Bionik Laboratories Corp., Righthand Robotics, Fanuc Corporation, Universal Robots, Cyberdyne Inc., SRT, and Pneubotics.
 

Soft Robotics Market Companies

Major players operating in the soft robotics industry are:

  • Soft Robotics Inc.
  • Festo AG
  • Ekso Bionics Holdings, Inc.
  • ReWalk Robotics
Authors: Suraj Gujar, Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

The industry size for soft robotics was valued at USD 1,523 million in 2023 and is anticipated to witness over 30% CAGR between 2024 and 2032 due to the growing demand for automation across various industries to enhance efficiency, reduce labor costs, and improve safety in.

The food & beverage application segment in the soft robotics market is set to witness over 35% CAGR between 2024 and 2032 owing to increasing usage for rehabilitation, surgery, and assistive devices.

North America market held over 33% share in 2023, driven by advancements in technology and strong investments in R&D activities.

Soft Robotics Inc., Festo AG, Ekso Bionics Holdings, Inc., and ReWalk Robotics.

Soft Robotics Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 528
  • Countries covered: 21
  • Pages: 270
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