by 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.
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 Coverage | Details |
| Market Size in 2023 | USD 3.16 Billion |
| Market Size by 2032 | USD 39.59 Billion |
| Growth Rate from 2023 to 2032 | CAGR of 32.41% |
| Largest Market | Asia Pacific |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By Payload Capacity, By Application, and By Industry Vertical |
| Regions Covered | North 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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