June 23, 2024

Collaborative Robots Market Size To Cross USD 39.59 Bn By 2032

The global collaborative robots market size accounted for US$ 2.39 Bn in 2022 and is projected to reach around USD 39.59 Bn by 2032, growing at a CAGR of 32.41% from 2023 to 2032.

Collaborative Robots Market Size 2023 To 2032

Key Takeaways:

  • Asia Pacific is expected to grow at the fastest rate during the forecast period.
  • By payload capacity, the up to 5kg segment held the largest revenue share in 2022 and is expected to continue the same pattern over the forecast period.
  • By application, the handling segment is expected to capture the largest market share during the forecast period.
  • By industry vertical, the automotive segment is expected to dominate the market during the forecast period.

Report Summary

The global collaborative robots market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.

The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the collaborative robots market across the globe.

A comprehensive estimate on the collaborative robots market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of collaborative robots during the forecast period. Price point comparison by region with global average price is also considered in the study.

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Collaborative Robots Market Report Scope 

Report CoverageDetails
Market Size in 2023USD 3.16 Billion
Market Size by 2032USD 39.59 Billion
Growth Rate from 2023 to 2032CAGR of 32.41%
Largest MarketAsia Pacific
Base Year2022
Forecast Period2023 to 2032
Segments CoveredBy Payload Capacity, By Application, and By Industry Vertical
Regions CoveredNorth America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Key Highlights:

Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized collaborative robots market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.

Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.

Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.

Also Read: Artificial Intelligence (AI) in Manufacturing Market Size Analysis 2023 To 2032

Market Players

The report includes the profiles of key collaborative robots market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.

Major companies operating in this area

  • Epson Robots
  • KUKA AG
  • ABB Group
  • Energid Technologies Corporation
  • F&P Robotics AG
  • Fanuc Corporation
  • Yaskawa Electric Corporation
  • MRK-Systeme GmbH
  • Universal Robots A/S
  • Rethink Robotics, Inc
  • Robert Bosch GmbH
  • Precise Automation, Inc
  • DENSO Robotics

Collaborative Robots Market Segmentation

By Payload Capacity

  • Up to 5kg
  • Up to 10kg
  • Above 10kg

By Application

  • Packaging
  • Pick & Place
  • Handling
  • Assembly
  • Quality Testing
  • Machine Tending
  • Gluing & Welding
  • Others

By Industry Vertical

  • Electronics
  • Metal & Machinery
  • Furniture & Equipment
  • Plastic & Polymers
  • Food & Beverage
  • Automotive
  • Pharma
  • Others

By Geography

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

Regional Segmentation

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

Secondary Research

It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to-face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
  • In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Collaborative Robots Market 

5.1. COVID-19 Landscape: Collaborative Robots Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Collaborative Robots Market, By Payload Capacity

8.1. Collaborative Robots Market Revenue and Volume, by Payload Capacity, 2023-2032

8.1.1 Up to 5kg

8.1.1.1. Market Revenue and Volume Forecast (2020-2032)

8.1.2. Up to 10kg

8.1.2.1. Market Revenue and Volume Forecast (2020-2032)

8.1.3. Above 10kg

8.1.3.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 9. Global Collaborative Robots Market, By Application

9.1. Collaborative Robots Market Revenue and Volume, by Application, 2023-2032

9.1.1. Packaging

9.1.1.1. Market Revenue and Volume Forecast (2020-2032)

9.1.2. Pick & Place

9.1.2.1. Market Revenue and Volume Forecast (2020-2032)

9.1.3. Handling

9.1.3.1. Market Revenue and Volume Forecast (2020-2032)

9.1.4. Assembly

9.1.4.1. Market Revenue and Volume Forecast (2020-2032)

9.1.5. Quality Testing

9.1.5.1. Market Revenue and Volume Forecast (2020-2032)

9.1.6. Machine Tending

9.1.6.1. Market Revenue and Volume Forecast (2020-2032)

9.1.7. Gluing & Welding

9.1.7.1. Market Revenue and Volume Forecast (2020-2032)

9.1.8. Others

9.1.8.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 10. Global Collaborative Robots Market, By Industry Vertical 

10.1. Collaborative Robots Market Revenue and Volume, by Industry Vertical, 2023-2032

10.1.1. Electronics

10.1.1.1. Market Revenue and Volume Forecast (2020-2032)

10.1.2. Metal & Machinery

10.1.2.1. Market Revenue and Volume Forecast (2020-2032)

10.1.3. Furniture & Equipment

10.1.3.1. Market Revenue and Volume Forecast (2020-2032)

10.1.4. Plastic & Polymers

10.1.4.1. Market Revenue and Volume Forecast (2020-2032)

10.1.5. Food & Beverage

10.1.5.1. Market Revenue and Volume Forecast (2020-2032)

10.1.6. Automotive

10.1.6.1. Market Revenue and Volume Forecast (2020-2032)

10.1.7. Pharma

10.1.7.1. Market Revenue and Volume Forecast (2020-2032)

10.1.8. Others

10.1.8.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 11. Global Collaborative Robots Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Payload Capacity (2020-2032)

11.1.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.1.3. Market Revenue and Volume Forecast, by Industry Vertical (2020-2032)

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Payload Capacity (2020-2032)

11.1.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.1.4.3. Market Revenue and Volume Forecast, by Industry Vertical (2020-2032)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Payload Capacity (2020-2032)

11.1.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.1.5.3. Market Revenue and Volume Forecast, by Industry Vertical (2020-2032)

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Payload Capacity (2020-2032)

11.2.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.3. Market Revenue and Volume Forecast, by Industry Vertical (2020-2032)

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Payload Capacity (2020-2032)

11.2.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.4.3. Market Revenue and Volume Forecast, by Industry Vertical (2020-2032)

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Payload Capacity (2020-2032)

11.2.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.5.3. Market Revenue and Volume Forecast, by Industry Vertical (2020-2032)

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Payload Capacity (2020-2032)

11.2.6.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.6.3. Market Revenue and Volume Forecast, by Industry Vertical (2020-2032)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Payload Capacity (2020-2032)

11.2.7.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.7.3. Market Revenue and Volume Forecast, by Industry Vertical (2020-2032)

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Payload Capacity (2020-2032)

11.3.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.3. Market Revenue and Volume Forecast, by Industry Vertical (2020-2032)

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Payload Capacity (2020-2032)

11.3.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.4.3. Market Revenue and Volume Forecast, by Industry Vertical (2020-2032)

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Payload Capacity (2020-2032)

11.3.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.5.3. Market Revenue and Volume Forecast, by Industry Vertical (2020-2032)

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Payload Capacity (2020-2032)

11.3.6.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.6.3. Market Revenue and Volume Forecast, by Industry Vertical (2020-2032)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Payload Capacity (2020-2032)

11.3.7.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.7.3. Market Revenue and Volume Forecast, by Industry Vertical (2020-2032)

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Payload Capacity (2020-2032)

11.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.3. Market Revenue and Volume Forecast, by Industry Vertical (2020-2032)

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Payload Capacity (2020-2032)

11.4.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.4.3. Market Revenue and Volume Forecast, by Industry Vertical (2020-2032)

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Payload Capacity (2020-2032)

11.4.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.5.3. Market Revenue and Volume Forecast, by Industry Vertical (2020-2032)

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Payload Capacity (2020-2032)

11.4.6.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.6.3. Market Revenue and Volume Forecast, by Industry Vertical (2020-2032)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Payload Capacity (2020-2032)

11.4.7.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.7.3. Market Revenue and Volume Forecast, by Industry Vertical (2020-2032)

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Payload Capacity (2020-2032)

11.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5.3. Market Revenue and Volume Forecast, by Industry Vertical (2020-2032)

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Payload Capacity (2020-2032)

11.5.4.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5.4.3. Market Revenue and Volume Forecast, by Industry Vertical (2020-2032)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Payload Capacity (2020-2032)

11.5.5.2. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5.5.3. Market Revenue and Volume Forecast, by Industry Vertical (2020-2032)

Chapter 12. Company Profiles

12.1. Epson Robots

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. KUKA AG

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. ABB Group

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Energid Technologies Corporation

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. F&P Robotics AG

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Fanuc Corporation

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Yaskawa Electric Corporation

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. MRK-Systeme GmbH

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Universal Robots A/S

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Rethink Robotics, Inc

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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