Global Soft Robotics Market Growth (Status and Outlook) 2023-2029

Global Soft Robotics Market Growth (Status and Outlook) 2023-2029

Soft robotics is the specific sub-field of robotics dealing with constructing robots from highly compliant materials, similar to those found in living organisms.
Soft robotics draws heavily from the way in which living organisms move and adapt to their surroundings. In contrast to robots built from rigid materials, soft robots allow for increased flexibility and adaptability for accomplishing tasks, as well as improved safety when working around humans. These characteristics allow for its potential use in the fields of medicine and manufacturing.
LPI (LP Information)' newest research report, the “Soft Robotics Industry Forecast” looks at past sales and reviews total world Soft Robotics sales in 2022, providing a comprehensive analysis by region and market sector of projected Soft Robotics sales for 2023 through 2029. With Soft Robotics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Soft Robotics industry.
This Insight Report provides a comprehensive analysis of the global Soft Robotics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Soft Robotics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Soft Robotics market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Soft Robotics and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Soft Robotics.
The global Soft Robotics market size is projected to grow from US$ 462.5 million in 2022 to US$ 12450 million in 2029; it is expected to grow at a CAGR of 60.1% from 2023 to 2029.
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. The world's Top 5 soft robot manufacturers accounted for 40% of the market share. North America is the largest market, with a share about 35%, followed by Europe and Asia Pacific with the share about 33% and 27%.
This report presents a comprehensive overview, market shares, and growth opportunities of Soft Robotics market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Soft Gripper
Inflatable Robots
Exoskeletons
Segmentation by application
Medical & Healthcare
Food
Logistics
3C
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cyberdyne
Soft Robotics
Ekso Bionics Holdings
ReWalk Robotics
RightHand Robotics
Parker Hannifin
Beijing Soft Robot Tech Co.,Ltd
Myomo
Bionik Laboratories
Panasonic

Please note: The report will take approximately 2 business days to prepare and deliver.