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Collaborative Robot Market Size, Share & Trends

Report Code SE 4480
Published in May, 2025, By MarketsandMarkets™
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Collaborative Robot Market by Payload (Less than 5 kg, 5-10 kg, 11-25 kg, More than 25 kg), Component (Hardware, Software), Application (Handling, Assembling & Disassembling, Dispensing, Processing), Industry and Region - Global Forecast to 2030

Collaborative Robot Market Size, Share & Trends

The global collaborative robot market is projected to grow from USD 1.42 billion in 2025 to USD 3.38 billion by 2030, at a CAGR of 18.9%. The surge in e-commerce and logistics operations has significantly increased the demand for automation, particularly collaborative robots (cobots). These industries are looking for precise, adaptable, and flexible solutions to manage high-volume orders and last-minute deliveries. Cobots that collaborate with human workers enhance productivity while avoiding extensive infrastructural changes. Their versatility allows them to perform several repetitive tasks, from picking and packing to sorting and palletizing, which makes them perfect for modern warehouses. Moreover, rising wage costs and labor shortages are compelling organizations to turn to automation. In the fast-paced environment driven by e-commerce, cobots are vital for meeting demand as they reduce downtime while improving throughput. Unlike traditional industrial robots, cobots require little space and are easily deployed, making them a more economical option. The significance of cobots in logistics is on the rise as e-commerce continues to grow internationally.

Collaborative Robot Market

Attractive Opportunities in the Collaborative Robot Market

ASIA PACIFIC

Asia Pacific is expected to account for the largest share of the global collaborative robot market in 2030.

Increasing focus of automation experts on pairing robotic arms with mobile platforms will drive the collaborative robot market.

Product launches are expected to offer growth opportunities for market players in the next five years.

The hardware component segment is expected to hold a larger market share in 2030.

Universal Robots A/S (Denmark), FANUC CORPORATION (Japan), ABB (Switzerland), TECHMAN ROBOT INC. (Taiwan), AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD (China) are the major players in the collaborative robot market.

Global Collaborative Robot Market Dynamics

DRIVER: Higher return on investment than traditional industrial robotic systems

Cobots are built to perform in tandem with human workers, with a substantial decrease in the cost of installation and integration. This opens up automation opportunities for small and medium-sized businesses, enabling them to thrive and compete, even if they previously could not afford such solutions. These robots provide quicker deployment, lower downtime, and lower maintenance costs, which lead to shorter payback periods, usually within one year of adoption. Additionally, their versatility in executing various tasks, including assembly, packaging, inspection, and material handling, allows companies to easily respond to changing production requirements without significant reconfiguration. Such responsiveness is critical in high-mix, low-volume manufacturing industries. Cobots are easily reprogrammed and redeployed, saving the cost and time typically involved in adjusting production line design.

In the current landscape characterized by labor shortages and escalating operational costs, collaborative robots (cobots) present a viable and scalable alternative that complements rather than replaces human labor. Their ability to optimize process efficiency, improve product quality, and increase overall throughput makes them a compelling investment. This cost-effective approach drives significant market growth, as organizations seek to enhance productivity while managing financial constraints.

RESTRAINTS: Higher preference for low-payload-capacity robots in heavy-duty industrial applications

One key factor hindering the growth of collaborative robots is the industrial preference for low-payload-capacity robots even in heavy-duty applications. Although cobots are known to be safe regarding their human-assisted capabilities, most are meant for light-duty applications, usually carrying payloads of 3 to 15 kg. This restricts their use in heavy industries, including automotive, metalworking, and aerospace, where heavy payload handling is frequently required. Conventional industrial robots are used due to their increased payload capacities, speed, and durability. Manufacturers in heavy-duty sectors require robots that can operate in challenging environments and handle oversized components and equipment—capabilities that are typically beyond the scope of most commercially available collaborative robots (cobots). Despite the growing adoption and benefits of human–robot collaboration, the limitations in payload capacity significantly restrict the application of cobots in these demanding settings. This disparity between cobot capabilities and the operational requirements of heavy-duty industries is a significant barrier to market expansion. Until technological advances allow cobots to manage heavier loads without sacrificing safety or agility, their utilization in such environments will continue to be constrained.

 

OPPORTUNITY: Rising demand for automation in healthcare industry

The increasing need for automation within the healthcare sector represents a lucrative opportunity for the collaborative robots (cobots) market. Healthcare institutions worldwide are increasingly challenged to maximize efficiency, precision, and patient care outcomes while coping with staffing shortages and operational expenses. Cobots provide a flexible solution by conducting repetitive, accurate, and time-critical tasks in parallel with medical professionals without displacing them. Their safety in shared spaces makes them perfect for hospitals, laboratories, and drug manufacturing plants. In healthcare facilities, cobots aid in sample handling, drug dispensing, and diagnostics, enabling healthcare personnel to provide more patient-oriented activities. In laboratories, cobots increase throughput and consistency of processes such as specimen sorting and test preparation. Cobots are valuable to the pharmaceutical sector through packaging, labeling, and quality control, where accuracy and hygiene are paramount. Additionally, as surgeries increasingly involve complex procedures and computer-based information, cobots are finding applications in robotic-assisted surgery and rehabilitative therapy, improving accuracy and recovery times. Their flexibility, ease of use, and small footprint make them a viable option for medical institutions seeking to update operations. As healthcare advances with technology, collaborative robots stand to play a significant part in shaping their future.

CHALLENGE: Payload and speed limitations due to inherently designed cobots

Collaborative robots are subject to built-in payload and speed restrictions in their design to focus on safety and human-to-robot interaction. Most cobots are designed to manage moderately sized payloads, generally between 3 and 16 kg, with just a select few high-end models able to lift a maximum of 35 kg. This limits their application to lighter jobs and precludes their use in heavy-duty operations where conventional industrial robots, whose lifting capacity reaches several tons, are more appropriate. Similarly, speed is also a significant limitation. As these robots must work side by side with humans for collaborative purposes, cobots have been engineered to move at speeds similar to an arm of a human being. Thus, they do not pose any risk of injury. While essential for safe collaboration, this reduced speed can limit throughput and cycle times, making cobots less efficient for high-speed, high-volume production environments. Consequently, while cobots are well-suited for flexible, low-payload, and human-intensive tasks, their speed and payload limitations remain obstacles for more universal industrial applications, particularly for industries requiring heavy lifting or high speeds.

Global Collaborative Robot Market Ecosystem Analysis

The collaborative robot ecosystem includes robot accessory providers, integrators, and end users. Accessory providers play an important role in supplying OEMs with accessories such as end effectors, vision systems, and sensors.

Top Companies in Collaborative Robot Market

Source: Secondary Research, Interviews with Experts, and MarketsandMarkets Analysis

Less than 5 kg segment to account for largest market share in 2030

The up to 5 kg segment of the collaborative robot market, by payload, is driven by the growing demand for lightweight, flexible automation solutions from small and medium-sized enterprises (SMEs). Cobots in this segment can be used for specific applications such as small-part assembly, inspection, material handling, and packaging, in business sectors such as electronics, consumer goods, and healthcare. Compact design, low-cost, and ease of robot programming and integration make these applications appealing for businesses that want to increase productivity without significant investment costs. Additionally, the growth of e-commerce and the rise of the fast-moving consumer goods (FMCG) sectors are increasing the demand for automation, where payloads of low weight are often satisfactory. Cobots in this segment are typically easy to deploy, featuring lighter payloads and shorter deployment times. Occupational health and safety barriers are often less of a concern when robots have minimal safety requirements; for example, a robot may only need simple guardrails to ensure worker safety. Additionally, these cobots are easier to reprogram and redeploy for various applications. As technology advances, making cobots more accurate and intelligent, their usability in this payload capacity is increasing. Given their ongoing versatility and accessibility, cobots are likely to see growing demand in near future.

Processing applications to record the highest CAGR in collaborative robot market during forecast period

The growth of the processing application segment in the collaborative robot market is primarily driven by the increasing adoption of cobots in industrial applications that require precision and consistency, such as cutting, grinding, polishing, welding, soldering, and machine tending. With the intent to improve product quality, minimize work mistakes, and enhance cycle times, demand for automation in processing is escalating. Cobot’s suitability for processing applications is further driven by their ability to generate consistent force, precision, and repeatability in fragile or detailed tasks. Cobot’s fully programmable or reconfigurable features allow manufacturers to react rapidly to a change in design or variability in production. Further, cobots offer space efficiency and safety advantages, enabling them to be used closer to human laborers without a range of safeguarding or risk-reducing measures. As a result, cobots are being embraced by more industries, including electronics, metalworking, automotive, and medical devices, to automate processing tasks that are repetitive and ergonomically challenging. Labor shortage, intricacy of production, and increasing demand for high throughput are likely to propel the collaborative robot market for processing applications.

Asia Pacific to Record Highest Cagr in Collaborative Robot Market From 2025 to 2030

The Asia Pacific market for collaborative robots is propelled by accelerating industrialization and growing automation efforts in major economies such as China, Japan, South Korea, and India. The robust automotive, electronics, and consumer goods sectors in the Asia Pacific region significantly drive the adoption of collaborative robots (cobots) for various applications, including assembly, material handling, and quality assurance. Regional governments are actively promoting smart manufacturing through initiatives, namely China’s "Made in China 2025," Japan's "Society 5.0," and India's "Make in India," which emphasize the integration of intelligent automation technologies. These initiatives facilitate the deployment of cobots to enhance productivity and global competitiveness. The increasing prevalence of small and medium-sized enterprises (SMEs) in the region further accelerates cobot utilization, owing to their cost-effectiveness, versatility, and user-friendly nature. Given the high labor intensity characteristic of Asia Pacific manufacturing, rising labor costs, and enduring labor shortages, industries are increasingly investing in economical automation solutions. As a result, the Asia Pacific region is poised for the fastest growth in cobot adoption throughout the forecast period.

LARGEST MARKET SHARE IN 2025-2030
INDIA FASTER-GROWING MARKET IN REGION
Collaborative Robot Market Size and Share

Source: Secondary Research, Interviews with Experts, and MarketsandMarkets Analysis

Recent Developments of Collaborative Robot Market

  • In February 2025, ABB expanded its portfolio of robotic solutions for logistics and e-commerce supply chains by adding two new AI-powered functional modules to its item picking family. It features ABB’s AI-based vision technology, which has been tested by leading fashion retail and logistics companies. The fashion inductor and parcel inductor offer solutions for two of the most critical logistics processes, i.e., item picking and sorter induction.
  • In October 2024, Universal Robots A/S unveils its AI Accelerator, a ready-to-use hardware and software toolkit created to enable the further development of AI-powered cobot applications. Designed for commercial and research applications, the UR AI Accelerator provides developers with an extensible platform to build applications, accelerate research, and reduce the time to market for AI products.
  • In June 2024, FANUC CORPORATION announced the expansion of its production facility in Canada. The new Canadian facility is poised to become a hub for cutting-edge robotics technology, further solidifying FANUC’s position as a catalyst for advancement in the automation industry.
  • In May 2024, Techman Robot Inc. unveiled the TM AI Cobot TM30S, with the ability to carry up to 35 kg and boasting a reach of 1,702 mm across six joints, the TM30S offers the best reach-to-weight ratio compared to other cobots in the 30 kg category.
  • In February 2024, ABB partnered with construction technology firm Auar to develop Constructhor, a research facility in Belgium that demonstrates the future of sustainable construction. The facility will utilize Auar’s micro-factory technology and ABB’s robotic automation as a living lab for energy-neutral infrastructure and climate-neutral building materials.

Key Market Players

List of Top Collaborative Robot Market

The following players dominate the Collaborative Robot Market:

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Scope of the Report

Report Attribute Details
Market size available for years 2021–2030
Base year considered 2024
Forecast period 2025–2030
Forecast units Value (USD Million/Billion) Volume (Units)
Segments Covered Payload, Component, Application, Industry, and Region
Regions covered North America, Europe, Asia Pacific, and RoW

Key Questions Addressed by the Report

What are the major driving factors and opportunities for the players in the collaborative robot market?
The major factors driving the collaborative robot market include higher return on investment than traditional industrial robotic systems, increased demand in e-commerce and logistics sectors, significant benefits in businesses of all sizes, and easy programming of cobots. Key opportunities lie in the increasing focus of automation experts on pairing robotic arms with mobile platforms, the growing number of subscriptions for the Robotics-as-a-Service model, and the rising demand for automation in the healthcare industry.
Which region is expected to hold the largest share of the collaborative robot market in 2025?
Asia Pacific is projected to capture the largest market share in 2025 due to the region's focus on cost-effectiveness, which aligns with the affordability of cobots compared to traditional industrial robots, making them an attractive choice for companies seeking automation solutions.
Who are the leading players in the global collaborative robot market?
Leading players operating in the global collaborative robot market include Universal Robots A/S (Denmark), FANUC CORPORATION (Japan), ABB (Switzerland), TECHMAN ROBOT INC. (Taiwan), and AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD (China).
Which advanced technologies are expected to drive the collaborative robot market?
Integration of embedded vision with collaborative robots, pairing collaborative robots with mobile platforms, and penetration of IIoT and AI in industrial manufacturing are expected to drive the market.
What will be the global collaborative robot market size in 2025 and 2030?
The global collaborative robot market is projected to grow from USD 1.42 billion in 2025 to USD 3.38 billion by 2030, at a CAGR of 18.9%.

 

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Table of Contents

Exclusive indicates content/data unique to MarketsandMarkets and not available with any competitors.

TITLE
PAGE NO
INTRODUCTION
15
RESEARCH METHODOLOGY
20
EXECUTIVE SUMMARY
25
PREMIUM INSIGHTS
30
MARKET OVERVIEW
35
  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
  • 5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS
  • 5.4 PRICING ANALYSIS
    AVERAGE SELLING PRICE TREND OF PAYLOAD, BY KEY PLAYERS, 2024
    AVERAGE SELLING PRICE TREND, BY REGION (2021-2024)
  • 5.5 VALUE CHAIN ANALYSIS
  • 5.6 ECOSYSTEM ANALYSIS
  • 5.7 TECHNOLOGY ANALYSIS
    KEY TECHNOLOGIES
    - Integration of embedded vision with collaborative robots
    COMPLEMENTARY TECHNOLOGIES
    - Penetration of IIoT and AI in industrial manufacturing
    ADJACENT TECHNOLOGIES
    - Penetration of 5G in industrial manufacturing
  • 5.8 PATENT ANALYSIS
  • 5.9 TRADE ANALYSIS
    IMPORT SCENARIO (HS CODE 847950 - INDUSTRIAL ROBOTS)
    EXPORT SCENARIO (HS CODE 847950 - INDUSTRIAL ROBOTS)
  • 5.10 KEY CONFERENCES AND EVENTS (2025-2026)
  • 5.11 CASE STUDY ANALYSIS
  • 5.12 INVESTMENT AND FUNDING SCENARIO
  • 5.13 REGULATORY LANDSCAPE
    Regulatory Bodies, Government Agencies, and Other Organizations
    Regulatory Framework
  • 5.14 PORTERS FIVE FORCE ANALYSIS
    Threat from New Entrants
    Threat of Substitutes
    Bargaining Power of Suppliers
    Bargaining Power of Buyers
    Intensity of Competitive Rivalry
  • 5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
    Key Stakeholders in Buying Process
    Buying Criteria
  • 5.16 IMPACT OF ARTIFICIAL INTELLIGENCE ON COLLABORATIVE ROBOTS MARKET
  • 5.17 IMPACT OF 2025 US TARIFF – COLLABORATIVE ROBOT MARKET
    Introduction
    Key Tariff Rates
    Price Impact Analysis
    Key Impact Country/Region
    - US
    - Europe
    - Asia Pacific
  • 5.18 Impact on verticals
HUMAN-ROBOT COLLABORATIVE OPERATIONAL ENVIRONMENT (QUALITATIVE)
50
  • 6.1 INTRODUCTION
  • 6.2 SAFETY-RATED MONITORED STOP
  • 6.3 HAND GUIDING
  • 6.4 SPEED REDUCTION AND SEPARATION MONITORING
  • 6.5 POWER AND FORCE LIMITING
INTEGRATION OF COBOTS AND IOT (QUALITATIVE)
70
  • 7.1 INTRODUCTION
  • 7.2 CONNECTIVITY TECHNOLOGY
    ETHERNET
    WI-FI
    BLUETOOTH
    CELLULAR
    - 4G Connectivity
    - 5G Connectivity
  • 7.3 INTEROPERABILITY SOFTWARE
COLLABORATIVE ROBOT MARKET, BY PAYLOAD
90
  • 8.1 INTRODUCTION
  • 8.2 LESS THAN 5 KG
  • 8.3 5–10 KG
  • 8.4 11–25 KG
  • 8.5 MORE THAN 25 KG
COLLABORATIVE ROBOT MARKET, BY COMPONENT
110
  • 9.1 INTRODUCTION
  • 9.2 HARDWARE
    ROBOTICS ARMS
    END EFFECTORS OR END OF ARM TOOLS (EOATS)
    - Welding Guns
    - Grippers
    - Robotic Screwdrivers
    - Standing and Deburring Tools
    - Other EOATs
    DRIVES
    CONTROLLERS
    SENSORS
    POWER SUPPLIES
    MOTORS
    OTHER HARDWARE
  • 9.3 SOFTWARE
COLLABORATIVE ROBOT MARKET, BY APPLICATION
130
  • 10.1 INTRODUCTION
  • 10.2 HANDLING
    Pick & Place
    Material Handling
    Packaging & Palletizing
    Machine Tending
  • 10.3 ASSEMBLING & DISASSEMBLING
    Nut Fastening
    Screwdriving
  • 10.4 WELDING & SOLDERING
  • 10.5 DISPENSING
    Gluing
    Painting
  • 10.6 PROCESSING
    Grinding
    Milling
    Cutting
  • 10.7 OTHER APPLICATIONS
    Inspection & Quality Testing
    Die-casting & Molding
COLLABORATIVE ROBOT MARKET, BY INDUSTRY
150
  • 11.1 INTRODUCTION
  • 11.2 AUTOMOTIVE
  • 11.3 ELECTRONICS
  • 11.4 METALS & MACHINING
  • 11.5 PLASTICS & POLYMERS
  • 11.6 FOOD & BEVERAGES
  • 11.7 FURNITURE & EQUIPMENT
  • 11.8 HEALTHCARE
  • 11.9 LOGISTICS
  • 11.10 OTHER INDUSTRIES
COLLABORATIVE ROBOT MARKET, BY REGION
170
  • 12.1 INTRODUCTION
  • 12.2 NORTH AMERICA
    Macro-Economic Outlook
    US
    Canada
    Mexico
  • 12.3 EUROPE
    Macro-Economic Outlook
    Germany
    Italy
    Spain
    France
    UK
    Rest of Europe
  • 12.4 ASIA PACIFIC
    Macro-Economic Outlook
    China
    South Korea
    Japan
    Taiwan
    Thailand
    India
    Rest of Asia Pacific
  • 12.5 ROW
    Macro-Economic Outlook
    Middle East
    - GCC Countries
    - Rest of Middle East
    Africa
    South America
COLLABORATIVE ROBOT MARKET, COMPETITIVE LANDSCAPE
200
  • 13.1 INTRODUCTION
  • 13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
  • 13.3 REVENUE ANALYSIS, 2024
  • 13.4 MARKET SHARE ANALYSIS, 2024
  • 13.5 COMPANY VALUATION AND FINANCIAL METRICS
  • 13.6 PRODUCT/BRAND COMPARISON
  • 13.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
    Stars
    Emerging Leaders
    Pervasive Players
    Participants
    Company Footprint: Key Players, 2024
    - Company Footprint
    - Region Footprint
    - Payload Footprint
    - Component Footprint
    - Application Footprint
    - Industry Footprint
  • 13.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
    Progressive Companies
    Responsive Companies
    Dynamic Companies
    Starting Blocks
    Competitive Benchmarking: Startups/SMEs, 2024
    - Detailed List of Key Startups/SMEs
    - Competitive Benchmarking of Key Startups/SMEs
  • 13.9 COMPETITIVE SCENARIO AND TRENDS
    Product Launches
    Deals
COMPANY PROFILES
220
  • 14.1 KEY PLAYERS
    Universal Robots A/S
    Fanuc Corporation
    ABB
    Techman Robot
    AUBO (Beijing) Robotics Technology Co., Ltd
    KUKA AG
    Doosan Robotics Inc
    Denso Corporation
    Yaskawa Electric Corporation
    Rethink Robotics GmbH
  • 14.2 OTHER PLAYERS
    Siasun Robot & Automation Co., Ltd
    Franka Emika GmbH
    Comau SPA
    F&P Robotics AG
    Staubli International AG
    Bosch Rexroth AG
    Productive Robotics, LLC
    Neura Robotics GmbH
    Elephant Robotics
    Elite Robots
    Kassow Robots
    Hanwha Corporation
    Omron Adept Technology, Inc
    WYZO
    MIP Robotics
    Kawasaki Robotics
    Dobot
    Jaka Robotics
    Huiling-Tech Robotics Co., Ltd
APPENDIX
240
  • 15.1 DISCUSSION GUIDE
  • 15.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
  • 15.3 AVAILABLE CUSTOMIZATIONS
  • 15.4 RELATED REPORTS
  • 15.5 AUTHOR DETAILS

The study involved major activities in estimating the current size of the collaborative robot market. Exhaustive secondary research was done to collect information on collaborative robots. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain using primary research. Different approaches, such as top-down and bottom-up, were employed to estimate the total market size. After that, the market breakup and data triangulation procedures were used to estimate the market size of the segments and subsegments of the collaborative robot.

Secondary Research

In the secondary research process, various secondary sources were referred to identify and collect information relevant to this study. Secondary sources included annual reports, press releases, and investor presentations of companies; white papers, certified publications, and articles from recognized authors; directories; and databases. Secondary research was mainly carried out to obtain critical information about the industry’s supply chain, value chain, the total pool of key players, and market classification and segmentation according to industry trends, geographic markets, and key developments from both market- and technology-oriented perspectives. Secondary sources included corporate filings (such as annual reports, investor presentations, and financial statements); trade, business, and professional associations; white papers; IoT technologies journals and certified publications; articles by recognized authors; gold-and silver-standard websites; directories; and databases. Data was also collected from secondary sources, such as the International Federation of Robotics (IFR), the International Trade Centre (ITC) (Switzerland), and the Robotics Business Review (RBR).

Secondary research was mainly used to obtain critical information about the supply chain of the industry, the value chain of the market, the total pool of key players, market classification and segmentation according to industry trends to the bottom-most level, geographic markets, and key developments from both the market and technology-oriented perspectives. Secondary data was collected and analyzed to arrive at the overall market size, which was further validated by primary research.

Primary Research

Extensive primary research was conducted after understanding and analyzing the current scenario of the collaborative robot market through secondary research. Several primary interviews were conducted with key opinion leaders from both the demand and supply sides across four major regions: North America, Europe, Asia Pacific, and the Rest of the World. Approximately 25% of the primary interviews were conducted with the demand side, while 75% were conducted with the supply side. This primary data was collected mainly through telephonic interviews, which accounted for 80% of the total primary interviews. Questionnaires and e-mails were also used to collect data.

Collaborative Robot Market rep_pg_modal_img

Note: Three tiers of companies are defined based on their total revenue as of 2024; tier 1: revenue more than or equal to USD 500 million, tier 2: revenue between USD 100 million and USD 500 million, and tier 3: revenue less than or equal to USD 100 million. Other designations include sales and marketing executives and researchers, as well as members of various collaborative robot organizations

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

This report implements both top-down and bottom-up approaches to estimate and validate the size of the collaborative robot market and various other dependent submarkets. Secondary research identifies key players in this market, and their market shares in the respective regions are determined through primary and secondary research.

This report implements both top-down and bottom-up approaches to estimate and validate the size of the collaborative robot market and various other dependent submarkets. Secondary research identifies key players in this market, and their market shares in the respective regions are determined through primary and secondary research.

Top-Down Approach

  • Identifying key participants in the collaborative robot market that influence the entire market
  • Analyzing major manufacturers of collaborative robots involves studying their portfolios and understanding the various types of products they offer to strengthen their market presence and strategic positioning within the industry
  • Analyzing trends pertaining to the use of collaborative robots for different industries
  • Tracking the ongoing and upcoming developments in the market, such as investments, R&D activities, product/service launches, collaborations, and partnerships, and forecasting the market based on these developments and other critical parameters
  • Carrying out multiple discussions with key opinion leaders to understand recent trends in the collaborative robot (cobot) market, thereby analyzing the breakup of the scope of work carried out by major companies
  • Deriving market estimates involves analyzing the revenues generated by companies and then aggregating them to obtain the overall market estimate
  • classifying the overall market into various other market segments
  • Verifying and cross-checking the estimate at every level from the discussion with key opinion leaders such as CXOs, directors, and operations managers, and finally with the domain experts in MarketsandMarkets
  • Studying various paid and unpaid sources of information, such as annual reports, press releases, white papers, and databases
Top-Down Approach

 

  • Focusing initially on the top-line investments and expenditures being made in the ecosystem of the collaborative robot market, further splitting the key market areas based on payload, application, industry, and region, and listing the key developments
  • Identifying all leading players in the collaborative robot market based on payload, application, and industry through secondary research and thoroughly verifying them through a brief discussion with industry experts
  • Analyzing revenues, product mix, geographic presence, and key applications served by all identified players to estimate and arrive at percentage splits for all key segments
  • Discussing splits with industry experts to validate the information and identify key growth pockets across all key segments
  • Breaking down the total market based on verified splits and key growth pockets across all segments

Collaborative Robot Market : Top-Down and Bottom-Up Approach

Collaborative Robot Market Top Down and Bottom Up Approach

Data Triangulation

After arriving at the overall size of the collaborative robot market from the estimation process explained above, the market was split into several segments and subsegments. The data triangulation and market breakdown procedures were employed (wherever applicable) to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from both the demand and supply sides. The size of the collaborative robot market was validated using both top-down and bottom-up approaches..

Market Definition

According to the International Federation of Robotics (IFR), robots intended for collaborative use need to adhere to the International Organization for Standards (ISO) standard 10218-1. This standard establishes essential criteria and recommendations to guarantee the safe design, effective protective measures, and comprehensive usage guidelines for industrial robots. By adhering to these standards, a secure and efficient environment can be ensured for both operators and machinery.

Collaborative robots (also known as cobots) are designed to work alongside humans with precision, strength, and speed to achieve greater efficiency in production. Using robots to assist humans can help significantly reduce the workload of human workers and relieve them of monotonous, repetitive tasks. As an emerging automation technology, cobots complement the existing industrial robotics market. The total cost of ownership of factory automation solutions, especially for small and medium-sized enterprises (SMEs), can be significantly reduced by adopting cobots. Cobot operations are primarily governed by the ISO 15066:2016 standard that further specifies various safety requirements. Other standards governing the safe operations of cobots include ISO 10218-1:2011, RIA/ANSI R15.06-2012, ISO 12100:2010, and ISO 13849-1:2008.

Key Stakeholders

  • Original equipment manufacturers (OEMs)
  • OEM technology solution providers
  • Research institutes
  • Market research and consulting firms
  • Forums, alliances, and associations
  • Technology investors
  • Governments and financial institutions
  • Analysts and strategic business planners
  • End users who want to know more about technology and the latest technological developments in industry

Report Objectives

  • To describe and forecast the collaborative robot market by payload, component, application, and industry, in terms of value and volume
  • To describe and forecast the market for four main regions, namely, North America, Europe, Asia Pacific, and Rest of the World, in terms of value and volume
  • To provide detailed information regarding factors, including drivers, restraints, opportunities, and challenges, influencing the growth of the market
  • To provide a detailed overview of the cobot value chain
  • To provide an ecosystem analysis, case study analysis, patent analysis, technology analysis, ASP analysis, Porter’s five forces analysis, 2025 US tariff and AI/Gen AI impact analyses, and regulations pertaining to the market
  • To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the total market
  • To analyze opportunities in the market for various stakeholders by identifying high-growth segments
  • To benchmark players operating in the market using the proprietary Competitive Leadership Mapping framework, which analyzes market players using multiple parameters within the broad categories of business and product strategy
  • To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for market leaders
  • To analyze competitive developments such as collaborations, agreements, partnerships, product developments, and research and development (R&D) in the market
  • To evaluate the impact of macroeconomic factors on the regional market

Available Customizations

With the market data given, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to 7)

Previous Versions of this Report

Collaborative Robot Market by Payload (Up to 5 kg, 5-10 kg, 10-25 kg, & More than 25 kg), Application (Handling, Assembling & Disassembling, Dispensing), Industry (Automotive, Electronics, Metals & Machining) & Region - Global Forecast to 2030

Report Code SE 4480
Published in Mar, 2024, By MarketsandMarkets™

Collaborative Robot Market by Payload (Up to 5 Kg, 5-10 kg, 10-20 kg, more than 20 kg), Component, Robotic Arm, End Effectors, Drives, Controllers, Sensors, Power Supply, Motors, Software), Application, Industry and Region - Global Forecast to 2029

Report Code SE 4480
Published in Jul, 2023, By MarketsandMarkets™

Collaborative Robot (Cobot) Market by Component, Payload (Up to 5 Kg, 5-10 Kg, and Above 10 Kg), Application (Handling, Processing), Industry (Automotive, Electronics, Healthcare, Furniture & Equipment) and Geography - Global Forecast to 2028

Report Code SE 4480
Published in Nov, 2022, By MarketsandMarkets™

Collaborative Robot Market with COVID-19 Impact Analysis, Component, Payload (Up to 5 Kg, 5-10 Kg, and Above 10 Kg), Application (Handling, Processing), Industry (Automotive, Furniture & Equipment), and Region - Global Forecast to 2027

Report Code SE 4480
Published in Aug, 2021, By MarketsandMarkets™

Collaborative Robot (Cobot) Market by Payload, Component (End Effectors, Controllers), Application (Handling, Assembling & Disassembling, Dispensing, Processing), Industry (Electronics, Furniture & Equipment), and Geography – Global Forecast to 2026

Report Code SE 4480
Published in Mar, 2020, By MarketsandMarkets™

Collaborative Robot Market by Payload Capacity (Up to 5 Kg, Between 5 and 10 Kg, Above 10 Kg), Industry (Automotive, Electronics, Metals & Machining, Plastics & Polymers, Food & Beverages, Healthcare), Application, and Geography - Global Forecast to 2025

Report Code SE 4480
Published in Oct, 2018, By MarketsandMarkets™

Collaborative Robots Market by Payload Capacity (Up to 5 kg, Up to 10 kg, Above 10 kg), Industry (Automotive, Electronics, Metals & Machining, Plastics & Polymer, Food & Agriculture, Healthcare), Application, and Geography - Global Forecast to 2023

Report Code SE 4480
Published in Sep, 2017, By MarketsandMarkets™

Collaborative Robots Market by Payload (Up to 5 Kg, Up to 10 Kg, & Above 10 Kg), Application, Industry and Geography - Global Forecast to 2022

Report Code SE 4480
Published in Aug, 2016, By MarketsandMarkets™
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Growth opportunities and latent adjacency in Collaborative Robot Market

Mani

Aug, 2019

I teach a course titled "Technology, Innovation and Future of Work". It is a graduate level course in our Business School (elective course of Operations Management Area). Robots and Cobots in manufacturing is a module of the course. Your report will be useful in explaining the significance of cobots/robots in manufacturing. So, can you help me with a sample and few more insights on this?.

Jennifer

Aug, 2018

I'm writing an article on cobots in Pharma labs (R&D and QC). Would you like to comment on data/trends/uses? Deadline Dec. 24. .

Daniel

Jul, 2019

hey guys, I'm working on an Augmented reality startup and we had the idea to enable robot collaboration with Augmented Reality glasses. Unfortunately we're bootstrapping (out of University) and cannot afford to buy a report in this price range. However it would be great to find a few more information about this arising industry..

Clive

Mar, 2019

I'm a New-York-based journalist working with a new science and technology magazine being launched this spring. I'm writing a piece about the rise of cobots, and would love to talk to one of your analysts about the report "Collaborative Robot Market worth $12,303 million by 2025", and quote them in this piece. Would someone be free to talk with me? If so, let me know a good time and we'll do it!.

Henrik

Nov, 2017

We are a robot drive manufacturing company and our specific interest lies in collaborative robot market for above 10 kg and their respective applications interlinked with regional analysis..

User

Nov, 2021

I wonder why there is completely missing Mitsubishi electric (one of the top robot producers). .

Jared

Jan, 2019

My thesis for my EMBA is based on the cobot market. Would be great to be able to use some of the research in this report..

Timo

Oct, 2017

Dear Sir or Madam, I am a student at an University and writing my dissertation about collaborative robots. Therefore, I would like to ask you if it is possible to send me any information regarding the price forecast for collaborative robots? If so, it would be great and I would be very grateful since I am not able to buy your report due to my financial situation. However, I am really interested in Cobots..

SOOHYUN

Sep, 2019

I'm evaluating collaborative robot market for our company's new business area. So, I want to know the each region's market size and upcoming applications in detail..

Raul

Oct, 2017

I'm a course designer at an university for the subject 'industrial automation'. I am thinking of including some content on collaborative robots in our curriculum and hence would like to understand the role of collaborative robots in industrial automation. Few use cases also might be helpful..

Ana

Mar, 2019

Hi, I would request for a free sample report as I need to validate the collaborative robot market data for one of my clients. If found satisfactory, the client will buy it for sure..

Stefan

Sep, 2019

We are looking for report focusing on Mexican collaborative robot market (overall and by industry) and after-market services of collaborative robots. Could you please quickly provide estimated fees and timeline for delivery?.

Prakash

May, 2019

We are looking to get into the business of collaborative robots as our clients face a big challenge to configure Industrial Robots. Does this cover the aspect of better RoI owing to adoption of collaborative robots compared to industrial robots?.

Dan

Jan, 2019

I have been approached by a company that wants to hire me to sell Collaborative Robots. I am investigating the market before I make a decision..

Suresh

Apr, 2019

Investigating the availability and capability of Collaborative Robots for applications in Body Shops in Automotive Assembly Plants, especially for assisting manual installations and assembly processes..

Hendrik

Oct, 2019

We are trying to identify the ideal collaborative robot for a material handling task for one of our clients. Can this report address our concern?.

Nasi

May, 2019

I am working on a project in industrial automation focusing on collaborative robots. My immediate task is a market sizing exercise. Hence would need insights on annual shipment and selling prices for various companies..

Rakesh

Dec, 2020

I would like to know more about COVID 19 impact on Cobots Industry..

Rakesh

Dec, 2020

I would like to know more about COVID 19 impact on Cobots Industry..

Lennart

Sep, 2019

I'm looking to refer this study for understanding the growth opportunities specifically in machine tending and processing applications. The insights obtained will have a direct impact on our upcoming R&D investments for product development..

João

Aug, 2019

I intend to use the report for academic purpose, namely for the theoretical introduction of my master thesis. Can I get some insight about the collaborative robot market? I would cite your report as a part of references..

Ulrikke

Aug, 2019

As I´m preparing a report about collaborative robots market developments, I would like to use some of the figures in your report. Can you help me with this?.

Zoltan

Jul, 2019

Dear MarketsandMarkets, I am writing my PhD thesis about the collaborative robots, I would like to use your research result in the introduction chapter (main players, forecast in the future). Of course keeping the correct citation and reference rules. Please share your research with me..

Jagdish

Jul, 2017

Does the report cover information on, how you categorize revenues for different application types? Additionally, testing doesn’t seem to be that large last year. I will purchase the report if you can provide some insights specifically around this application – waiting for your reply and if you think the question can be answered I will purchase soon. High priority, urgent purchase requirement, I can specifically visit your premises post confirmation as I am currently working on a project in Pune..

Joe

Jun, 2019

We are a venture capital firm and are trying to understand the state of the art in AI for cobot vision, task definition, error handling etc. Further, insights on the new entrants with AI integrated vision products offered in the market would help us in making investment decisions..

Annette

Jun, 2019

I have recently joined a renowned robotics institute, and I am trying to get a perspective and an estimate of market sizes of various end use industries such as automotive, electronics, and food. Can you share a document with me for the same?.

Atin

May, 2022

Since, covid has impacted the market for cobots, in what innovative ways can the companies bounce back?.

kim

Mar, 2019

I would like to check the collaborative robot market status and growth etc. as my company is preparing new 5G smart factory product..

Frederik

Feb, 2018

I'm currently writing my thesis for bachelor in business and economics, where I'm analyzing the impact of the future technological advancements on the collaborative robot market and how is it going to affect the SMEs (small medium enterprises) worldwide. Therefore this forecast would be very valuable to me..

Xinye

Jan, 2017

I'd like to get an idea on how have you incorporated impact of future technology trends for forecasting collaborative robots market..

Season

Jan, 2022

Interested in partnering with other industrial and collaborative robot manufacturers. Can you help us with few crucial details?.

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