Soft Robotics Market Growth, Size, Share, Price, Trends, Report, Forecast 2023-2028

The new report by Expert Market Research titled, ‘Global Soft Robotics Market Growth, Share, Price, Trends, Report and Forecast 2023-2028’, gives an in-depth analysis of the global soft robotics market. It assesses the market based on its segments like application and the major regional markets of North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.

Soft Robotics Market Share, Size, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2020): USD 1051.1 million
• Forecast CAGR (2023-2028): 34.9%
• Forecast Market Size (2027): USD 6334.1 million

The market for soft robotics has seen substantial growth due to multiple factors. These include the increasing new possibilities provided by these robots in comparison to inflexible robotic technology, as well as the need to build human-friendly machinery. Soft robots, in contrast to classic, rigid metallic robots, are adaptable in nature, presenting attractive future growth opportunities for the market.

Get a Free Sample Report with Table of Contents@ https://www.expertmarketresearch.com/reports/soft-robotics-market/requestsample

They can perform biological functions similar to human muscles since they are built of flexible and soft materials, including nanomaterials. This feature of soft robots is predicted to facilitate their use in a variety of applications, such as medical, industrial, and locomotive, increasing market growth. Soft robotics technology advancements are projected to result in robots that can lift large objects, repair themselves, and climb to great heights.

Such features, when combined with human-like flexibility, are expected to propel market expansion even further, owing to their increasing application in construction and associated activities. Malleable materials give soft robots their flexibility, allowing robots to bend and turn with high curvatures, enabling them to manoeuvre through tight places.

This makes them useful in disaster scenarios such as earthquakes or fires, hence promoting soft robotics market growth by propelling its acceptance during emergency situations. Soft robots’ increased application in sensitive environmental settings such as coral reefs or snow-covered land is projected to fuel the market expansion of soft robotics.

Soft Robotics Industry Definition and Major Segments

Soft robots are made of flexible materials such as polymers, gels, and fluids, and are a sub-discipline of robotics. They have a high degree of elasticity, allowing them to adapt to their surroundings and alter shape if necessary. Soft robots are sophisticated models that, in addition to their mechanical tasks, mirror the lives of humans, animals, and plants. They are a type of biomimicry.

Read Full Report with Table of Contents@ https://www.expertmarketresearch.com/reports/soft-robotics-market

Based on the application, the industry is divided into:

• Human-Machine Interface and Interaction
• Locomotion and Exploration
• Manipulation
• Medical and Surgical Applications
• Rehabilitation and Wearable Robots

The regional markets for soft robotics include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Soft Robotics Market Trends

In the future years, the market is likely to rise due to rising demand for soft robots in medical and surgical applications. The need for gadgets that minimise human participation has increased dramatically as a result of the COVID-19 pandemic, and this is expected to further catalyse the soft robotics industry’s growth. The market is expected to develop due to the rising need for minimally invasive procedures (MIS). Research efforts in the healthcare sector may lead to new manufacturing techniques. This can allow for the development of disposable, patient-specific, low-cost, and quickly created MIS devices, resulting in lucrative growth possibilities for the soft robotics business.

Soft robots’ ability to interact with humans, which builds on their ability to deal with unstructured settings and adhere to human flesh, is projected to provide the market a boost. Increased use of magnetically navigated and vacuum-powered endoscopic single-site soft robots has also been made possible by technological advancements. In the coming years, this is projected to boost market growth even more.

The growth of the market is predicted to be aided by the easy availability of soft, compliant materials for soft robots that are both cost-effective and easy to handle. The extra benefit of being less expensive than traditional robots is projected to boost their adoption, hence assisting market growth. As a result, soft robots are expected to be widely offered in a variety of medical services in the coming years.

As traditional bulky gear is progressively replaced with soft bracing machines, advances in biotechnology have led to the introduction of these robots in dentistry applications. Due to their compact structure and cost-effectiveness, soft robots are gaining popularity in dentistry, providing the market with more potential growth prospects.

Key Market Players

The major players in the market are

  • Ekso Bionics Holdings Inc.,
  • ReWalk Robotics Ltd.,
  • Soft Robotics Inc.,
  • Righthand Robotics, Inc.,
  • BioServo Technologies AB,
  • Pneubotics Inc,
  •  others.

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Read more:

Food Colours Market- https://www.digitaljournal.com/pr/news/food-colours-market-size-share-price-trends-growth-analysis-report-forecast-2023-2028

Portable Blenders Market- https://www.digitaljournal.com/pr/news/global-portable-blenders-market-size-to-grow-at-a-cagr-of-7-40-in-the-forecast-period-of-2023-2028

French Fries Market- https://www.digitaljournal.com/pr/news/global-french-fries-market-size-to-grow-at-a-cagr-of-6-40-in-the-forecast-period-of-2023-2028

Periodic Fever Syndrome Market- https://www.digitaljournal.com/pr/news/periodic-fever-syndrome-market-share-size-price-growth-analysis-report-forecast-2023-2028

Elderflower Tea Market- https://www.digitaljournal.com/pr/news/elderflower-tea-market-share-size-price-trends-growth-analysis-report-forecast-2023-2028

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Ana john, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

Engineering ECE

What is Alternating Current (AC) Class 12

What is Alternating Current (AC) vs Direct Current (DC) | overview

What is an Amplifier Definition, Types, Overview

What is Amplitude Limiting | Overview, Definition, Applications

What is the Avalanche Effect in Cryptography | Overview

What is the expression for AM Waves in the Frequency Domain?

Define the Amplification Factor and Transconductance of JFET

What is Amplitude in Expression | Expression for Amplitude Modulation?

What is Amplitude Modulation | Pulse | Quadrature | Application

What is the Difference Between Digital and Analog Signal | Overview, Types

What is Average Amplitude Overview, Definition and Meaning

BJT Amplifier Analysis With Spice | How do you Analyze a BJT amplifier?

What is a Battery? Lithium Ion Battery | Luminous Battery | Inverter Battery

What are the Comparisons between Broadside Array and Endfire Arrays?

Definition of Alpha Cutoff Frequency | Overview, Types, Applications

Bipolar Junction Transistor (BJT) | Theory, Overview, Types

Buck Boost Converter: What It Is and How It Works

What is Fiber Optic Cable Splicing | Overview, Types, Procedure

What is a Capacitor | Types, Construction, Applications

What is Circular Convolution | Advantages & Disadvantages

Clipping and Clamping Operations | Types, Applications

Common Base Transistor Connection Definition & Meaning

Composite Conductors vs Bundled Conductors | Overview, MCQs

Continuous Time Signal and Discrete Time Signal

Corner Reflector Antenna: Overview, Advantages, and Applications

Capacitance | Formula, Types, MCQs, Definition & Working

What is the Characteristic of Impedance? Overview, Formula, Types, MCQs,

What are 10 Conductors Examples, Semiconductors, and Insulators

What is the Super Conductivity Heat Transfer | SI Units, Definition

Coulomb’s Law Formula | SI Unit, Problems, MCQs

What is Meant by Critical Clearing Angle | Critical Clearing Angle Time?

Difference between Depletion Mode and Enhancement Mode MOSFET

Determining Factors Definition, Meaning, Applications, MCQs

Direct Current (DC) Circuits Overview | Types, MCQs, FAQs

Depletion and Pinch-Off | Depletion in MOSFET | Meaning, MCQs, FAQs

What are Digital Circuits | Digital Components Used For

Direct Current (DC) | Alternating Current (AC) | Difference, Examples, MCQs

Electric Resistance Heating: Overview, Types, Applications, MCQs, FAQs

Diode Terminal Characteristics | PN Junction Diode | Overview, Meaning,

Direct Hydroelectric Climate Control | Overview, Meaning, MCQs

Discrete-Time Signals | DSP, Definition & Meaning

Depletion Mode Versus Enhancement Mode | Overview, Definition & Meaning

Double Sideband Modulation | DSB, Types, Definition & Meaning

Electric Resistance Heating | Overview, Definition & Meaning

Energy and Power in Signals Examples | Overview, Definition & Meaning

Electromotive Force | Overview, Definition & Meaning

Electrochemical Energy Examples | Definition & Meaning

What are the Uses of an Electromagnet Force | Definition & Meaning

Residential Electrical Grounding and Bonding | Definition & Meaning

Ease Of Maintenance | Overview, Definition & Meaning

Electrical Engineering in Energy Production | Definition & Meaning

Absorption Costing MCQs with Answers Explanation