조사회사 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2024년04월
Collaborative Robot Market – Global Forecast To 2030
협동로봇 시장 : 페이로드(최대 5kg, 5~10kg, 10~25kg, & 25kg 이상), 용도(출하 작업, 조립 및 분해, 제제), 업계(자동차, 전자, 금속 및 기계 가공), 지역별 – 2030년까지 세계 예측
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
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| 도표 수 | 304 |
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| Single User License | USD 4,950 |
| Multi User License | USD 6,650 |
| Corporate License | USD 8,150 |
| Enterprise License | USD 10.000 |
| 구성 | 영문조사보고서 |
Report Overview
The Collaborative Robot market is projected to grow from USD 1.9 billion in 2024 and is projected to reach USD 11.8 billion by 2030; it is expected to grow at a CAGR of 35.2% from 2024 to 2030.
협동로봇 시장은 2024년 19억 달러 규모에서 2030년 118억 달러 규모로 성장할 것으로 예상된다. 2024년부터 2030년까지 연평균 성장률(CAGR) 35.2%로 성장할 것으로 예상됩니다.
Growing focus of automation experts to pair robotic arms with mobile platforms such as AMRs or AGVs, growing number of subscriptions for Raas model, and rising demand for automation in healthcare industry to fuel the growth of Collaborative Robot market.
“The market for 5-10 kg segment to hold second-largest market share during the forecast period.”
The deployment of collaborative robots (cobots) with a payload capacity ranging from 5-10 kg is instrumental in driving growth in the field of factory automation. These cobots showcase remarkable versatility, adeptly handling a diverse range of tasks such as material handling, assembly, machine tending, and packaging. Their optimal balance between payload capacity and cost-effectiveness makes them a valuable asset, contributing to increased productivity, faster cycle times, and overall efficiency in manufacturing processes. Beyond economic considerations, these cobots prioritize safety by working seamlessly alongside human operators, reducing the risk of workplace injuries and enhancing the ergonomic aspects of the factory environment. Known for their flexibility in deployment, adaptability to changing manufacturing needs, and collaboration with human workers, cobots within this payload range are not only transforming factory automation but also making it accessible to a broader spectrum of businesses, including small and medium-sized enterprises (SMEs). Their collective impact underscores a paradigm shift in modern manufacturing, emphasizing efficiency, safety, and flexibility.
“Assembling & Disassembling segment to hold the second-largest market share in the application in the Collaborative Robot market during the forecast period.” Collaborative Robots (Cobots) play a pivotal role in enhancing the efficiency and precision of assembling and disassembling tasks, specifically in screwdriving and nut fastening applications. In screwdriving, Cobots exhibit exceptional precision, repeatability, and force control, ensuring accurate screw application without the risk of over-tightening or stripping. Additionally, their ergonomic design reduces strain on human workers. For nut fastening, Cobots offer inherent safety features, allowing them to work in close proximity to humans, coupled with the strength and stability to handle higher torque requirements. Equipped with suitable end-effectors and programmed for specific tasks, Cobots can pick up, position, and tighten nuts with precision. Integration of vision systems further enhances accuracy, while adherence to safety protocols ensures seamless collaboration between humans and Cobots in the workspace.
“Market for electronics segment holds for second-largest market share during the forecast period.”
Collaborative robots (cobots) play a crucial role in the electronics industry, particularly in handling small and delicate products with precision. Equipped with various sensors, these “sensitive robots” are well-suited for tasks such as product testing, quality control, and soldering PCBs. In product testing, cobots excel at inserting chips into testing machines and sorting them, reducing error margins and enhancing overall efficiency. The advantages of cobots in the electronics sector extend to augmenting human labor, accelerating manufacturing processes, boosting production capacity, and maintaining high product quality standards. Additionally, cobots contribute to worker safety by undertaking hazardous and repetitive tasks, allowing human workers to focus on more complex operations. In the fast-paced electronics industry, the agility of cobots is a key factor, enabling quick adaptation of assembly, testing, or packaging lines for new requirements. Their flexibility, ease of programming, and mobility make them valuable assets, with a potential return on investment typically realized in less than a year, even for small and mid-sized manufacturers.
“North America is expected to have the second-highest CAGR during the forecast period.”
North America is one of the largest markets for collaborative robots. Collaborative robots are also increasingly being used in industries such as plastics, metals & machinery, and food & beverages in the region. North America comprises three countries—the US, Canada, and Mexico. Key players in this region are Rethink Robotics GmbH (US), Precise Automation (US), and Productive Robotics, LLC (US). Robotiq (Canada) is one of the key collaborative end effector manufacturers with headquarters based in this region. Prominent players in this region operating in the collaborative robot (cobot) market emphasize expanding their production capacities to cater to the market demand. For example, in March 2023, ABB (Switzerland) announced its plans to expand its business in US with the expansion of its existing robotics headquarters & manufacturing facility in Auburn Hills, Michigan. The project represents an investment of USD 20 million and is supported by a USD 450,000 Michigan Business Development Program performance-based grant.
Extensive primary interviews were conducted with key industry experts in the Collaborative Robot market space to determine and verify the market size for various segments and subsegments gathered through secondary research. The break-up of primary participants for the report has been shown below:
The break-up of the profile of primary participants in the Collaborative Robot market:
• By Company Type: Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%
• By Designation: C Level – 45%, Director Level – 35%, Others-20%
• By Region: North America – 30%, Europe – 22%, Asia Pacific – 40%, ROW- 8%
The report profiles key players in the Collaborative Robot market with their respective market ranking analysis. Prominent players profiled in this report are Universal Robots A/S (Denmark), FANUC CORPORATION (Japan), ABB (Switzerland), TECHMAN ROBOT INC. (Taiwan), and AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD (China), KUKA AG (Germany), Doosan Robotics Inc. (South Korea), Denso Corporation (South Korea), YASKAWA ELECTRIC CORPORATION (Japan), Rethink Robotics GmBH (Germany)among others.
Apart from this, Siasun. Robot & Automation Co., Ltd. (China), Franka Emika GmbH (Germany), Comau S.p.A. (Italy), F&P Robotics AG (Switzerland), Stäubli International AG (Switzerland), Bosch Rexroth AG (Germany), Productive Robotics, LLC (US), NEURA Robotics GmbH (Germany), ElephantRobotics (China), Elite Robots (China), Niryo (France), Hanwa Corporation (South Korea), OMRON Corporation (Japan), Wyzo (Switzerland), MIP Robotics (France), Kawasaki Heavy Industries, Ltd. (US), Dobot (China), JAKA Robotics (China), Huiling Tech (China) are among a few emerging companies in the Collaborative Robot market.
Research Coverage: This research report categorizes the Collaborative Robot market based on payload, industry, application and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the Collaborative Robot market and forecasts the same till 2029. Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the Collaborative Robot ecosystem.
Key Benefits of Buying the Report The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Collaborative Robot market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (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) influencing the growth of the Collaborative Robot market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Collaborative Robot market.
• Market Development: Comprehensive information about lucrative markets – the report analysis the Collaborative Robot market across varied regions
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Collaborative Robot market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Universal Robots A/S (Denmark), FANUC CORPORATION (Japan), ABB (Switzerland), TECHMAN ROBOT INC. (Taiwan), and AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD (China) among others in the Collaborative Robot market.
Table of Contents
1 INTRODUCTION 38
1.1 STUDY OBJECTIVES 38
1.2 MARKET DEFINITION 38
1.2.1 INCLUSIONS AND EXCLUSIONS 39
1.3 STUDY SCOPE 40
1.3.1 MARKETS COVERED 40
FIGURE 1 COLLABORATIVE ROBOT (COBOT) MARKET SEGMENTATION 40
1.3.2 GEOGRAPHIC SEGMENTATION 41
1.3.3 YEARS CONSIDERED 41
1.4 CURRENCY CONSIDERED 41
1.5 UNITS CONSIDERED 42
1.6 LIMITATIONS 42
1.7 STAKEHOLDERS 42
1.8 SUMMARY OF CHANGES 43
1.9 RECESSION IMPACT ON COLLABORATIVE ROBOT (COBOT) MARKET 44
FIGURE 2 GDP GROWTH PROJECTION TILL 2023 FOR MAJOR ECONOMIES 44
2 RESEARCH METHODOLOGY 46
2.1 RESEARCH DATA 46
FIGURE 3 COLLABORATIVE ROBOT (COBOT) MARKET: RESEARCH DESIGN 46
2.1.1 SECONDARY DATA 47
2.1.1.1 Major secondary sources 47
2.1.1.2 Key data from secondary sources 48
2.1.2 PRIMARY DATA 48
2.1.2.1 Primary interviews with experts 48
2.1.2.2 Key data from primary sources 49
2.1.2.3 Key industry insights 49
2.1.2.4 Breakdown of primary interviews 50
2.1.3 SECONDARY AND PRIMARY RESEARCH 51
2.2 MARKET SIZE ESTIMATION 51
FIGURE 4 RESEARCH FLOW: COLLABORATIVE ROBOT MARKET SIZE ESTIMATION 52
2.2.1 BOTTOM-UP APPROACH 52
2.2.1.1 Approach to capture market size using bottom-up analysis (demand side) 52
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 53
2.2.2 TOP-DOWN APPROACH 53
2.2.2.1 Approach to capture market size using top-down analysis (supply side) 53
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 54
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE): REVENUE GENERATED BY MANUFACTURERS FROM COLLABORATIVE ROBOTS 54
2.3 DATA TRIANGULATION 55
FIGURE 8 DATA TRIANGULATION 55
2.4 RESEARCH ASSUMPTIONS 56
2.5 RISK ASSESSMENT 57
2.5.1 IMPACT OF RECESSION 57
2.6 RESEARCH LIMITATIONS 58
3 EXECUTIVE SUMMARY 59
FIGURE 9 UP TO 5 KG SEGMENT TO LEAD MARKET FROM 2024 TO 2030 60
FIGURE 10 HANDLING SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 60
FIGURE 11 ELECTRONICS SEGMENT TO WITNESS FASTEST GROWTH DURING FORECAST PERIOD 61
FIGURE 12 ASIA PACIFIC ACCOUNTED FOR LARGEST MARKET SHARE IN 2023 62
4 PREMIUM INSIGHTS 63
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN COLLABORATIVE ROBOT (COBOT) MARKET 63
FIGURE 13 INCREASED DEMAND FOR COBOTS IN AUTOMOTIVE AND ELECTRONICS INDUSTRIES TO DRIVE MARKET 63
4.2 COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD 63
FIGURE 14 MORE THAN 25 KG SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 63
4.3 COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION 64
FIGURE 15 HANDLING SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 64
4.4 COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY 64
FIGURE 16 AUTOMOTIVE SEGMENT ACCOUNTED FOR LARGEST MARKET SIZE IN 2023 64
4.5 COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY 65
FIGURE 17 INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 65
5 MARKET OVERVIEW 66
5.1 INTRODUCTION 66
5.2 MARKET DYNAMICS 66
FIGURE 18 COLLABORATIVE ROBOT (COBOT) MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 66
5.2.1 DRIVERS 67
5.2.1.1 Higher return on investment than traditional industrial robotic systems 67
5.2.1.2 Increased demand in e-commerce and logistics sectors 68
FIGURE 19 E-COMMERCE MARKET RECORDS (2017–2026) 70
5.2.1.3 Significant benefits in businesses of all sizes 70
5.2.1.4 Easy programming of cobots 71
FIGURE 20 COLLABORATIVE ROBOT (COBOT) MARKET: DRIVERS AND THEIR IMPACT 72
5.2.2 RESTRAINTS 72
5.2.2.1 Higher preference for low-payload-capacity robots in heavy-duty industrial applications 72
FIGURE 21 COLLABORATIVE ROBOT (COBOT) MARKET: RESTRAINTS AND THEIR IMPACT 73
5.2.3 OPPORTUNITIES 73
5.2.3.1 Increasing focus of automation experts on pairing robotic arms with mobile platforms 73
5.2.3.2 Growing number of subscriptions for Robotics-as-a-Service model 74
5.2.3.3 Rising demand for automation in healthcare industry 75
FIGURE 22 COLLABORATIVE ROBOT (COBOT) MARKET: OPPORTUNITIES AND THEIR IMPACT 76
5.2.4 CHALLENGES 76
5.2.4.1 Payload and speed limitations due to inherently designed cobots 76
5.2.4.2 Difficulties in adapting to new standards and cybersecurity challenges related to connected robots 77
FIGURE 23 COLLABORATIVE ROBOT (COBOT) MARKET: CHALLENGES AND THEIR IMPACT 78
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 78
FIGURE 24 REVENUE SHIFT AND NEW REVENUE POCKETS FOR COLLABORATIVE ROBOT PROVIDERS 78
5.4 PRICING ANALYSIS 79
TABLE 1 AVERAGE SELLING PRICE OF COLLABORATIVE ROBOTS 80
5.4.1 AVERAGE SELLING PRICE OF COLLABORATIVE ROBOTS OFFERED BY KEY PLAYERS, BY PAYLOAD 81
FIGURE 25 AVERAGE SELLING PRICE OF COLLABORATIVE ROBOTS OFFERED BY KEY PLAYERS, BY PAYLOAD 81
TABLE 2 AVERAGE SELLING PRICE OF COLLABORATIVE ROBOTS OFFERED BY KEY PLAYERS WITH VARIOUS PAYLOAD CAPACITIES (USD) 81
5.4.2 AVERAGE SELLING PRICE TRENDS, BY REGION 82
FIGURE 26 AVERAGE SELLING PRICE TRENDS FOR COLLABORATIVE ROBOTS, BY REGION (2020–2030) 82
5.5 VALUE CHAIN ANALYSIS 83
FIGURE 27 VALUE CHAIN ANALYSIS: MAJOR VALUE ADDED DURING MANUFACTURING AND RESEARCH AND DEVELOPMENT STAGES 83
5.6 ECOSYSTEM MAPPING 86
FIGURE 28 ECOSYSTEM OF COLLABORATIVE ROBOTS 86
TABLE 3 COLLABORATIVE ROBOT (COBOT) MARKET ECOSYSTEM 87
5.7 INVESTMENT AND FUNDING SCENARIO 88
FIGURE 29 INVESTMENT AND FUNDING SCENARIO FOR START-UP COMPANIES 88
5.8 TECHNOLOGY ANALYSIS 89
5.8.1 KEY TECHNOLOGY 89
5.8.1.1 Integration of embedded vision with collaborative robots 89
5.8.1.2 Pairing of collaborative robots with mobile platforms 90
5.8.2 COMPLEMENTARY TECHNOLOGY 91
5.8.2.1 Penetration of IIoT and AI in industrial manufacturing 91
5.8.2.2 Adoption of innovative grippers in robotics manipulation 92
5.8.3 ADJACENT TECHNOLOGY 92
5.8.3.1 Penetration of 5G in industrial manufacturing 92
5.9 PATENT ANALYSIS 93
TABLE 4 PATENT REGISTRATIONS RELATED TO COLLABORATIVE ROBOT (COBOT) MARKET 93
FIGURE 30 NUMBER OF PATENTS GRANTED PER YEAR FROM 2014 TO 2024 97
FIGURE 31 TOP 10 COMPANIES WITH HIGHEST PERCENTAGE OF PATENT APPLICATIONS IN LAST 10 YEARS 97
TABLE 5 TOP 10 PATENT OWNERS IN LAST 10 YEARS 98
5.10 TRADE ANALYSIS 98
FIGURE 32 IMPORT DATA OF INDUSTRIAL ROBOTS, BY COUNTRY, 2018–2022 (USD MILLION) 99
FIGURE 33 EXPORT DATA OF INDUSTRIAL ROBOTS, BY COUNTRY, 2018–2022 (USD MILLION) 100
5.11 KEY CONFERENCES AND EVENTS, 2024–2025 101
TABLE 6 COLLABORATIVE ROBOT (COBOT) MARKET: LIST OF CONFERENCES AND EVENTS 101
5.12 CASE STUDY ANALYSIS 104
5.12.1 SEAT COMPONENTS – STREAMLINING GEARBOX MANUFACTURING WITH COLLABORATIVE ROBOTS 104
5.12.2 FINNISH MANUFACTURER OVERCOMING WELDING CAPACITY CHALLENGES WITH ABB GOFA COBOTS 105
5.12.3 ACTION PLASTICS – TRANSFORMING PRODUCTION WITH OB7 COLLABORATIVE ROBOTS 105
5.12.4 ABB GOFA COBOT BOOSTS PRODUCTION CAPACITY FOR METEC 106
5.12.5 NAPCO BRANDS – REVOLUTIONIZING COFFEE BEAN PACKAGING WITH COLLABORATIVE ROBOTS 107
5.13 REGULATORY LANDSCAPE 107
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 107
TABLE 7 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 109
TABLE 8 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 110
TABLE 9 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 111
TABLE 10 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 112
5.13.2 STANDARDS AND REGULATIONS RELATED TO COLLABORATIVE ROBOTS 112
TABLE 11 NORTH AMERICA: SAFETY STANDARDS FOR COLLABORATIVE ROBOTS 113
TABLE 12 EUROPE: SAFETY STANDARDS FOR COLLABORATIVE ROBOTS 113
TABLE 13 ASIA PACIFIC: SAFETY STANDARDS FOR COLLABORATIVE ROBOTS 114
TABLE 14 REST OF THE WORLD: SAFETY STANDARDS FOR COLLABORATIVE ROBOTS 114
5.14 PORTER’S FIVE FORCES ANALYSIS 114
TABLE 15 COLLABORATIVE ROBOT (COBOT) MARKET: PORTER’S FIVE FORCES ANALYSIS 114
FIGURE 34 COLLABORATIVE ROBOT (COBOT) MARKET: PORTER’S FIVE FORCES ANALYSIS 115
5.14.1 THREAT OF NEW ENTRANTS 115
5.14.2 THREAT OF SUBSTITUTES 115
5.14.3 BARGAINING POWER OF SUPPLIERS 116
5.14.4 BARGAINING POWER OF BUYERS 116
5.14.5 INTENSITY OF COMPETITIVE RIVALRY 116
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA 116
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS 116
FIGURE 35 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 INDUSTRIES 116
TABLE 16 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 INDUSTRIES (%) 117
5.15.2 BUYING CRITERIA 117
FIGURE 36 KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES 117
TABLE 17 KEY BUYING CRITERIA FOR TOP 3 INDUSTRIES 117
6 HUMAN-ROBOT COLLABORATIVE OPERATIONAL ENVIRONMENT (QUALITATIVE) 118
6.1 INTRODUCTION 118
6.2 SAFETY-RATED MONITORED STOP 118
6.3 HAND GUIDING 119
6.4 SPEED REDUCTION AND SEPARATION MONITORING 120
6.5 POWER AND FORCE LIMITING 121
7 INTEGRATION OF COBOTS AND IOT (QUALITATIVE) 123
7.1 INTRODUCTION 123
7.2 CONNECTIVITY TECHNOLOGY 124
7.2.1 ETHERNET 124
7.2.2 WI-FI 125
7.2.3 BLUETOOTH 125
7.2.4 CELLULAR 125
7.2.4.1 4G connectivity 125
7.2.4.2 5G connectivity 126
7.3 INTEROPERABILITY SOFTWARE 127
8 COLLABORATIVE ROBOT (COBOT) MARKET, BY COMPONENT 128
8.1 INTRODUCTION 128
FIGURE 37 COLLABORATIVE ROBOT (COBOT) MARKET, BY COMPONENT 128
8.2 HARDWARE 129
8.2.1 ROBOTIC ARMS 130
8.2.1.1 Use of robotic arms with joints to enable linear and circular motion 130
8.2.2 END EFFECTORS 130
8.2.2.1 End effectors enable cobots achieve enhanced manufacturing efficiency 130
8.2.2.2 Welding guns 131
TABLE 18 ROBOTIC WELDING GUN MANUFACTURERS 132
8.2.2.3 Grippers 132
8.2.2.3.1 Pneumatic grippers 133
8.2.2.3.2 Electric grippers 133
TABLE 19 ELECTRIC GRIPPER MANUFACTURERS 134
8.2.2.3.3 Dexterous robotic hands 134
8.2.2.3.3.1 4-finger robotic hands 135
8.2.2.3.3.2 5-finger robotic hands 135
8.2.2.3.4 Vacuum grippers 136
8.2.2.3.5 Magnetic grippers 136
TABLE 20 MAGNETIC GRIPPER MANUFACTURERS 137
8.2.2.4 Robotic screwdrivers 137
8.2.2.5 Sanding and deburring tools 138
8.2.2.6 Others 138
8.2.3 DRIVES 139
8.2.3.1 Reliance on drives to convert electrical energy into mechanical energy to drive demand 139
8.2.4 CONTROLLERS 139
8.2.4.1 Importance of enabling safe and effective human-robot collaboration to derive demand 139
8.2.5 SENSORS 140
8.2.5.1 Employment of sensors helps convert information into meaningful data 140
8.2.6 POWER SUPPLIES 140
8.2.6.1 Need for suitable power supplies for safe and efficient operation to drive demand 140
8.2.7 MOTORS 141
8.2.7.1 Need for rotational or linear force for precise movement and operation to drive demand 141
8.2.8 OTHERS 141
8.3 SOFTWARE 142
8.3.1 RISING FOCUS ON DEVELOPING INTUITIVE PROGRAMMING SOFTWARE TO DRIVE MARKET 142
9 COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD 144
9.1 INTRODUCTION 145
FIGURE 38 COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD 145
FIGURE 39 UP TO 5 KG SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 145
TABLE 21 COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (USD MILLION) 146
TABLE 22 COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (USD MILLION) 146
TABLE 23 COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (UNITS) 146
TABLE 24 COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (UNITS) 146
9.2 UP TO 5 KG 147
9.2.1 INHERENT SAFETY FEATURES AND APPLICATIONS ACROSS INDUSTRIES TO DRIVE MARKET 147
TABLE 25 COMPANIES OFFERING COLLABORATIVE ROBOTS WITH PAYLOAD CAPACITY OF UP TO 5 KG 148
TABLE 26 UP TO 5 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 149
TABLE 27 UP TO 5 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 149
TABLE 28 UP TO 5 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2020–2023 (UNITS) 150
TABLE 29 UP TO 5 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2024–2030 (UNITS) 150
TABLE 30 UP TO 5 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2020–2023 (USD MILLION) 150
TABLE 31 UP TO 5 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2024–2030 (USD MILLION) 151
TABLE 32 UP TO 5 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2020–2023 (USD MILLION) 151
TABLE 33 UP TO 5 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2024–2030 (USD MILLION) 151
9.3 5–10 KG 153
9.3.1 GROWING DEMAND IN FACTORY AUTOMATION TASKS TO DRIVE MARKET 153
TABLE 34 COMPANIES OFFERING COLLABORATIVE ROBOTS WITH 5–10 KG PAYLOAD CAPACITY 154
TABLE 35 5–10 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 154
TABLE 36 5–10 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 155
TABLE 37 5–10 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2020–2023 (UNITS) 155
TABLE 38 5–10 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2024–2030 (UNITS) 155
TABLE 39 5–10 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2020–2023 (USD MILLION) 156
TABLE 40 5–10 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2024–2030 (USD MILLION) 156
TABLE 41 5–10 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2020–2023 (USD MILLION) 157
TABLE 42 5–10 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2024–2030 (USD MILLION) 157
9.4 10–25 KG 158
9.4.1 INCREASING DEPLOYMENT IN VARIOUS APPLICATIONS TO DRIVE MARKET 158
TABLE 43 COMPANIES OFFERING COLLABORATIVE ROBOTS WITH PAYLOAD CAPACITY OF 10–25 KG 159
TABLE 44 10–25 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 160
TABLE 45 10–25 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 160
TABLE 46 10–25 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2020–2023 (UNITS) 161
TABLE 47 10–25 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2024–2030 (UNITS) 161
TABLE 48 10–25 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2020–2023 (USD MILLION) 161
TABLE 49 10–25 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2024–2030 (USD MILLION) 162
TABLE 50 10–25 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2020–2023 (USD MILLION) 162
TABLE 51 10–25 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2024–2030 (USD MILLION) 162
9.5 MORE THAN 25 KG 163
9.5.1 INCREASING DEMAND IN MANUFACTURING AND LOGISTICS TO DRIVE MARKET 163
TABLE 52 COMPANIES OFFERING COLLABORATIVE ROBOTS WITH PAYLOAD CAPACITY OF MORE THAN 25 KG 164
TABLE 53 MORE THAN 25 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 164
TABLE 54 MORE THAN 25 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 164
TABLE 55 MORE THAN 25 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2020–2023 (UNITS) 165
TABLE 56 MORE THAN 25 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2024–2030 (UNITS) 165
TABLE 57 MORE THAN 25 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2020–2023 (USD MILLION) 165
TABLE 58 MORE THAN 25 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2024–2030 (USD MILLION) 166
TABLE 59 MORE THAN 25 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2020–2023 (USD MILLION) 166
TABLE 60 MORE THAN 25 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2024–2030 (USD MILLION) 166
10 COLLABORATIVE (COBOT) ROBOT MARKET, BY APPLICATION 168
10.1 INTRODUCTION 169
FIGURE 40 COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION 169
TABLE 61 COLLABORATIVE ROBOT (COBOT) MARKET RANKING ANALYSIS, BY APPLICATION 170
FIGURE 41 HANDLING SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 170
TABLE 62 COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 171
TABLE 63 COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 171
TABLE 64 COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2020–2023 (UNITS) 171
TABLE 65 COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2024–2030 (UNITS) 172
10.2 HANDLING 172
TABLE 66 COMPANIES OFFERING COLLABORATIVE ROBOTS FOR HANDLING APPLICATIONS 173
TABLE 67 HANDLING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (USD MILLION) 173
TABLE 68 HANDLING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (USD MILLION) 173
TABLE 69 HANDLING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (UNITS) 174
TABLE 70 HANDLING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (UNITS) 174
10.2.1 PICK-AND-PLACE 174
10.2.1.1 Pick-and-place tasks easy to program for first-time users 174
10.2.2 MATERIAL HANDLING 175
10.2.2.1 Technological advancements to increase capabilities of material-handling collaborative robots 175
10.2.3 PACKAGING & PALLETIZING 176
10.2.3.1 Packing and palletizing require medium payload collaborative robots 176
10.2.4 MACHINE TENDING 177
10.2.4.1 Collaborative robots used alongside CNC, injection, and blow molding machines 177
TABLE 71 HANDLING: COLLABORATIVE ROBOT (COBOT) MARKET, BY TYPE, 2020–2023 (USD MILLION) 178
TABLE 72 HANDLING: COLLABORATIVE ROBOT (COBOT) MARKET, BY TYPE, 2024–2030 (USD MILLION) 178
10.3 ASSEMBLING & DISASSEMBLING 179
TABLE 73 COMPANIES OFFERING COLLABORATIVE ROBOTS FOR ASSEMBLING & DISASSEMBLING APPLICATIONS 179
TABLE 74 ASSEMBLING & DISASSEMBLING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (USD MILLION) 179
TABLE 75 ASSEMBLING & DISASSEMBLING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (USD MILLION) 180
TABLE 76 ASSEMBLING & DISASSEMBLING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (UNITS) 180
TABLE 77 ASSEMBLING & DISASSEMBLING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (UNITS) 180
10.3.1 NUT FASTENING 181
10.3.1.1 Collaborative robots suitable for nut fastening on medium and large workpieces 181
10.3.2 SCREWDRIVING 182
10.3.2.1 Collaborative robots can handle torque forces required for screwdriving applications 182
10.4 WELDING & SOLDERING 182
10.4.1 COLLABORATIVE ROBOTS SUITED FOR WELDING APPLICATIONS IN LOW-VOLUME, HIGH-MIX OPERATIONS 182
TABLE 78 COMPANIES OFFERING COLLABORATIVE ROBOTS FOR WELDING & SOLDERING APPLICATIONS 183
TABLE 79 WELDING & SOLDERING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (USD MILLION) 184
TABLE 80 WELDING & SOLDERING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (USD MILLION) 184
TABLE 81 WELDING & SOLDERING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (UNITS) 184
TABLE 82 WELDING AND SOLDERING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (UNITS) 185
10.5 DISPENSING 186
TABLE 83 COMPANIES OFFERING COLLABORATIVE ROBOTS FOR DISPENSING APPLICATIONS 186
TABLE 84 DISPENSING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (USD MILLION) 186
TABLE 85 DISPENSING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (USD MILLION) 187
TABLE 86 DISPENSING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (UNITS) 187
TABLE 87 DISPENSING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (UNITS) 187
10.5.1 GLUING 188
10.5.1.1 Robotic gluing ensures quality and consistency of application 188
10.5.2 PAINTING 189
10.5.2.1 Collaborative robot painting suitable for low-volume production 189
10.6 PROCESSING 190
TABLE 88 COMPANIES OFFERING COLLABORATIVE ROBOTS FOR PROCESSING APPLICATIONS 190
TABLE 89 PROCESSING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (USD MILLION) 190
TABLE 90 PROCESSING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (USD MILLION) 191
TABLE 91 PROCESSING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (UNITS) 191
TABLE 92 PROCESSING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (UNITS) 191
10.6.1 GRINDING 192
10.6.1.1 Force/torque sensors used along with end effectors for grinding tasks 192
10.6.2 MILLING 193
10.6.2.1 Milling tasks consist of deburring, chamfering, and scraping operations 193
10.6.3 CUTTING 193
10.6.3.1 Collaborative robots increasingly used in small-scale cutting applications 193
TABLE 93 PROCESSING: COLLABORATIVE ROBOT (COBOT) MARKET, BY TYPE, 2020–2023 (USD MILLION) 194
TABLE 94 PROCESSING: COLLABORATIVE ROBOT (COBOT) MARKET, BY TYPE, 2024–2030 (USD MILLION) 194
10.7 OTHERS 195
TABLE 95 COMPANIES OFFERING COLLABORATIVE ROBOTS FOR OTHER APPLICATIONS 195
TABLE 96 OTHERS: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (USD MILLION) 195
TABLE 97 OTHERS: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (USD MILLION) 196
TABLE 98 OTHERS: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (UNITS) 196
TABLE 99 OTHERS: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (UNITS) 196
10.7.1 INSPECTION AND QUALITY TESTING 197
10.7.2 DIE-CASTING AND MOLDING 198
11 COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY 200
11.1 INTRODUCTION 201
FIGURE 42 COLLABORATIVE ROBOT (COBOT) MARKET: BY INDUSTRY 201
FIGURE 43 AUTOMOTIVE SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 201
TABLE 100 COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2020–2023 (USD MILLION) 202
TABLE 101 COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2024–2030 (USD MILLION) 202
TABLE 102 COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2020–2023 (UNITS) 203
TABLE 103 COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2024–2030 (UNITS) 203
11.2 AUTOMOTIVE 204
11.2.1 REQUIREMENT FOR PERFORMANCE OF LIGHT AND REPETITIVE TASKS TO DRIVE DEMAND 204
TABLE 104 AUTOMOTIVE: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2020–2023 (USD MILLION) 206
TABLE 105 AUTOMOTIVE: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2024–2030 (USD MILLION) 206
TABLE 106 AUTOMOTIVE: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (USD MILLION) 207
TABLE 107 AUTOMOTIVE: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (USD MILLION) 207
11.3 ELECTRONICS 208
11.3.1 NEED TO MANAGE SMALL AND FRAGILE COMPONENTS TO DRIVE DEMAND 208
TABLE 108 ELECTRONICS: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2020–2023 (USD MILLION) 210
TABLE 109 ELECTRONICS: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2024–2030 (USD MILLION) 210
TABLE 110 ELECTRONICS: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (USD MILLION) 210
TABLE 111 ELECTRONICS: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (USD MILLION) 211
11.4 METALS & MACHINING 212
11.4.1 INCREASING USE OF COLLABORATIVE ROBOTS ALONGSIDE CNC AND OTHER HEAVY MACHINERY TO DRIVE MARKET 212
TABLE 112 METALS & MACHINING: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2020–2023 (USD MILLION) 213
TABLE 113 METALS & MACHINING: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2024–2030 (USD MILLION) 214
TABLE 114 METALS & MACHINING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (USD MILLION) 214
TABLE 115 METALS & MACHINING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (USD MILLION) 214
11.5 PLASTICS & POLYMERS 215
11.5.1 LOW PAYLOAD CAPACITY COLLABORATIVE ROBOTS TO DRIVE DEMAND 215
TABLE 116 PLASTICS & POLYMERS: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2020–2023 (USD MILLION) 217
TABLE 117 PLASTICS & POLYMERS: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2024–2030 (USD MILLION) 217
TABLE 118 PLASTICS & POLYMERS: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (USD MILLION) 217
TABLE 119 PLASTICS & POLYMERS: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (USD MILLION) 218
11.6 FOOD & BEVERAGES 218
11.6.1 DEMAND IN PRIMARY AND SECONDARY HANDLING APPLICATIONS TO DRIVE MARKET 218
TABLE 120 FOOD & BEVERAGES: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2020–2023 (USD MILLION) 220
TABLE 121 FOOD & BEVERAGES: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2024–2030 (USD MILLION) 220
TABLE 122 FOOD & BEVERAGES: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (USD MILLION) 221
TABLE 123 FOOD & BEVERAGES: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (USD MILLION) 221
11.7 FURNITURE & EQUIPMENT 222
11.7.1 REQUIREMENT FOR VARIOUS PICK-AND-PLACE AND MACHINE-TENDING TASKS TO DRIVE DEMAND 222
TABLE 124 FURNITURE & EQUIPMENT: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2020–2023 (USD MILLION) 223
TABLE 125 FURNITURE & EQUIPMENT: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2024–2030 (USD MILLION) 223
TABLE 126 FURNITURE & EQUIPMENT: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (USD MILLION) 224
TABLE 127 FURNITURE & EQUIPMENT: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (USD MILLION) 224
11.8 HEALTHCARE 225
11.8.1 INCREASING DEMAND IN NON-SURGICAL APPLICATIONS TO DRIVE MARKET 225
TABLE 128 HEALTHCARE: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2020–2023 (USD MILLION) 227
TABLE 129 HEALTHCARE: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2024–2030 (USD MILLION) 227
TABLE 130 HEALTHCARE: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (USD MILLION) 227
TABLE 131 HEALTHCARE: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (USD MILLION) 228
11.9 LOGISTICS 228
11.9.1 INCREASING USE IN PICK AND PLACE APPLICATIONS TO DRIVE DEMAND 228
TABLE 132 LOGISTICS: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2020–2023 (USD MILLION) 229
TABLE 133 LOGISTICS: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2024–2030 (USD MILLION) 229
TABLE 134 LOGISTICS: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (USD MILLION) 230
TABLE 135 LOGISTICS: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (USD MILLION) 230
11.10 OTHERS 230
TABLE 136 OTHERS: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2020–2023 (USD MILLION) 232
TABLE 137 OTHERS: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2024–2030 (USD MILLION) 232
TABLE 138 OTHERS: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (USD MILLION) 232
TABLE 139 OTHERS: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (USD MILLION) 233
12 COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION 234
12.1 INTRODUCTION 235
FIGURE 44 COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION 235
TABLE 140 COLLABORATIVE ROBOT (COBOT) MARKET RANKING ANALYSIS, BY REGION 235
FIGURE 45 ASIA PACIFIC TO LEAD MARKET DURING FORECAST PERIOD 236
TABLE 141 COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2020–2023 (USD MILLION) 236
TABLE 142 COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2024–2030 (USD MILLION) 236
TABLE 143 COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2020–2023 (UNITS) 237
TABLE 144 COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2024–2030 (UNITS) 237
12.2 NORTH AMERICA 238
12.2.1 RECESSION IMPACT 238
FIGURE 46 NORTH AMERICA: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY 239
FIGURE 47 NORTH AMERICA: COLLABORATIVE ROBOT (COBOT) MARKET SNAPSHOT 240
TABLE 145 NORTH AMERICA: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 240
TABLE 146 NORTH AMERICA: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 241
TABLE 147 NORTH AMERICA: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2020–2023 (UNITS) 241
TABLE 148 NORTH AMERICA: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2024–2030 (UNITS) 241
TABLE 149 NORTH AMERICA: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (USD MILLION) 241
TABLE 150 NORTH AMERICA: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (USD MILLION) 242
TABLE 151 NORTH AMERICA: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2020–2023 (USD MILLION) 242
TABLE 152 NORTH AMERICA: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2024–2030 (USD MILLION) 243
12.2.2 US 243
12.2.2.1 Increased demand for cobots across various industries to drive market 243
12.2.3 CANADA 245
12.2.3.1 Foreign investments in automotive sector and government support for healthcare sector to drive market 245
12.2.4 MEXICO 247
12.2.4.1 Government measures to augment manufacturing activities to drive market 247
12.3 EUROPE 248
12.3.1 RECESSION IMPACT 248
FIGURE 48 EUROPE: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY 249
FIGURE 49 EUROPE: COLLABORATIVE ROBOT (COBOT) MARKET SNAPSHOT 250
TABLE 153 EUROPE: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 251
TABLE 154 EUROPE: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 251
TABLE 155 EUROPE: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2020–2023 (UNITS) 251
TABLE 156 EUROPE: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2024–2030 (UNITS) 252
TABLE 157 EUROPE: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (USD MILLION) 252
TABLE 158 EUROPE: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (USD MILLION) 252
TABLE 159 EUROPE: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2020–2023 (USD MILLION) 253
TABLE 160 EUROPE: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2024–2030 (USD MILLION) 253
12.3.2 GERMANY 253
12.3.2.1 Prominent presence of automotive and electronics industries to drive market 253
12.3.3 ITALY 255
12.3.3.1 Changing consumer needs in automotive sector to drive market 255
12.3.4 SPAIN 256
12.3.4.1 Adoption of automation in manufacturing industries to drive market 256
12.3.5 FRANCE 257
12.3.5.1 Government funding to boost automation and deployment of collaborative robots to drive market 257
12.3.6 UK 258
12.3.6.1 Investments in R&D to revive automotive industry to drive market 258
12.3.7 REST OF EUROPE 259
12.4 ASIA PACIFIC 260
12.4.1 RECESSION IMPACT 261
FIGURE 50 ASIA PACIFIC: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY 261
FIGURE 51 ASIA PACIFIC: COLLABORATIVE ROBOT (COBOT) MARKET SNAPSHOT 262
TABLE 161 ASIA PACIFIC: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 263
TABLE 162 ASIA PACIFIC: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 263
TABLE 163 ASIA PACIFIC: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2020–2023 (UNITS) 263
TABLE 164 ASIA PACIFIC: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2024–2030 (UNITS) 264
TABLE 165 ASIA PACIFIC: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (USD MILLION) 264
TABLE 166 ASIA PACIFIC: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (USD MILLION) 264
TABLE 167 ASIA PACIFIC: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2020–2023 (USD MILLION) 265
TABLE 168 ASIA PACIFIC: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2024–2030 (USD MILLION) 265
12.4.2 CHINA 266
12.4.2.1 Increasing investments in automation to drive market 266
12.4.3 SOUTH KOREA 267
12.4.3.1 Rising deployment of cobots in automotive and electronics industries to drive market 267
12.4.4 JAPAN 268
12.4.4.1 Increasing use of electric and hybrid vehicles to drive market 268
12.4.5 TAIWAN 270
12.4.5.1 Growth of electrical & electronics industry to drive market 270
12.4.6 THAILAND 271
12.4.6.1 Thailand 4.0 initiative to drive market 271
12.4.7 INDIA 272
12.4.7.1 Increasing demand from manufacturing sector to drive market 272
12.4.8 REST OF ASIA PACIFIC 273
12.5 REST OF THE WORLD 274
12.5.1 RECESSION IMPACT 274
FIGURE 52 REST OF THE WORLD: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION 275
FIGURE 53 REST OF THE WORLD: COLLABORATIVE ROBOT (COBOT) MARKET SNAPSHOT 275
TABLE 169 REST OF THE WORLD: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2020–2023 (USD MILLION) 276
TABLE 170 REST OF THE WORLD: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2024–2030 (USD MILLION) 276
TABLE 171 REST OF THE WORLD: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2020–2023 (UNITS) 276
TABLE 172 REST OF THE WORLD: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2024–2030 (UNITS) 276
TABLE 173 REST OF THE WORLD: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2020–2023 (USD MILLION) 277
TABLE 174 REST OF THE WORLD: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2024–2030 (USD MILLION) 277
TABLE 175 REST OF THE WORLD: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2020–2023 (USD MILLION) 277
TABLE 176 REST OF THE WORLD: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2024–2030 (USD MILLION) 278
12.5.2 SOUTH AMERICA 279
12.5.2.1 Increasing adoption of collaborative robots in healthcare sector to drive market 279
12.5.3 MIDDLE EAST 280
12.5.3.1 Automation across industries to drive market 280
TABLE 177 MIDDLE EAST: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 280
TABLE 178 MIDDLE EAST: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 280
TABLE 179 MIDDLE EAST: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2020–2023 (UNITS) 281
TABLE 180 MIDDLE EAST: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2024–2030 (UNITS) 281
12.5.3.2 GCC 281
12.5.3.3 Rest of Middle East 282
12.5.4 AFRICA 283
12.5.4.1 Rising adoption of collaborative robots in security and healthcare sectors to drive market 283
13 COMPETITIVE LANDSCAPE 284
13.1 OVERVIEW 284
13.2 STRATEGIES ADOPTED BY MAJOR PLAYERS 284
TABLE 181 COLLABORATIVE ROBOT (COBOT) MARKET: OVERVIEW OF STRATEGIES DEPLOYED BY KEY PLAYERS 284
13.3 REVENUE ANALYSIS 286
FIGURE 54 REVENUE ANALYSIS OF TOP THREE PLAYERS, 2019–2023 286
13.4 MARKET SHARE ANALYSIS, 2023 287
TABLE 182 COLLABORATIVE ROBOT (COBOT) MARKET: DEGREE OF COMPETITION 287
FIGURE 55 MARKET SHARE ANALYSIS, 2023 288
13.5 COMPANY VALUATION AND FINANCIAL METRICS 289
FIGURE 56 EV/EBITDA OF KEY VENDORS 290
13.6 BRAND/PRODUCT COMPARATIVE ANALYSIS 291
FIGURE 57 COLLABORATIVE ROBOT (COBOT) MARKET: TOP TRENDING BRANDS/PRODUCTS 291
13.7 COMPANY EVALUATION MATRIX, 2023 292
13.7.1 STARS 292
13.7.2 EMERGING LEADERS 292
13.7.3 PERVASIVE PLAYERS 292
13.7.4 PARTICIPANTS 292
FIGURE 58 COLLABORATIVE ROBOT (COBOT) MARKET: COMPANY EVALUATION MATRIX, 2023 293
13.7.5 COMPANY FOOTPRINT 294
13.7.5.1 Company footprint 294
FIGURE 59 COMPANY FOOTPRINT 294
13.7.5.2 Payload footprint 295
TABLE 183 PAYLOAD FOOTPRINT 295
13.7.5.3 Application footprint 296
TABLE 184 APPLICATION FOOTPRINT 296
13.7.5.4 Industry footprint 297
TABLE 185 INDUSTRY FOOTPRINT 297
13.7.5.5 Region footprint 298
TABLE 186 REGION FOOTPRINT 298
13.8 START-UP/SME EVALUATION MATRIX, 2023 298
13.8.1 PROGRESSIVE COMPANIES 298
13.8.2 RESPONSIVE COMPANIES 298
13.8.3 DYNAMIC COMPANIES 299
13.8.4 STARTING BLOCKS 299
FIGURE 60 COLLABORATIVE ROBOT (COBOT) MARKET: START-UP/SME EVALUATION MATRIX, 2023 299
13.8.5 COMPETITIVE BENCHMARKING 300
13.8.5.1 Detailed list of key start-ups/SMEs 300
TABLE 187 COLLABORATIVE ROBOT (COBOT) MARKET: DETAILED LIST OF KEY START-UPS/SMES 300
13.8.5.2 Competitive benchmarking of key start-ups/SMEs 301
TABLE 188 COLLABORATIVE ROBOT (COBOT) MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES 301
13.9 COMPETITIVE SCENARIO AND TRENDS 302
13.9.1 PRODUCT LAUNCHES 302
TABLE 189 COLLABORATIVE ROBOT (COBOT) MARKET: PRODUCT LAUNCHES, MAY 2021–NOVEMBER 2023 302
13.9.2 DEALS 304
TABLE 190 COLLABORATIVE ROBOT (COBOT) MARKET: DEALS, OCTOBER 2020–FEBRUARY 2024 304
13.9.3 EXPANSIONS 306
TABLE 191 COLLABORATIVE ROBOT (COBOT) MARKET: EXPANSIONS, FEBRUARY 2020–SEPTEMBER 2023 306
14 COMPANY PROFILES 308
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
14.1 INTRODUCTION 308
14.2 KEY PLAYERS 308
14.2.1 UNIVERSAL ROBOTS A/S 308
TABLE 192 UNIVERSAL ROBOTS A/S: COMPANY OVERVIEW 309
TABLE 193 UNIVERSAL ROBOTS A/S: PRODUCTS/SOLUTIONS/SERVICES OFFERED 309
TABLE 194 UNIVERSAL ROBOTS A/S: PRODUCT LAUNCHES 310
TABLE 195 UNIVERSAL ROBOTS A/S: DEALS 312
TABLE 196 UNIVERSAL ROBOTS A/S: EXPANSIONS 314
14.2.2 FANUC CORPORATION 316
TABLE 197 FANUC CORPORATION: COMPANY OVERVIEW 316
FIGURE 61 FANUC CORPORATION: COMPANY SNAPSHOT 317
TABLE 198 FANUC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 317
TABLE 199 FANUC CORPORATION: PRODUCT LAUNCHES 318
TABLE 200 FANUC CORPORATION: DEALS 318
TABLE 201 FANUC CORPORATION: EXPANSIONS 319
14.2.3 ABB 321
TABLE 202 ABB: COMPANY OVERVIEW 321
FIGURE 62 ABB: COMPANY SNAPSHOT 322
TABLE 203 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED 322
TABLE 204 ABB: PRODUCT LAUNCHES 324
TABLE 205 ABB: DEALS 325
TABLE 206 ABB: EXPANSIONS 328
14.2.4 TECHMAN ROBOT INC. 331
TABLE 207 TECHMAN ROBOT INC.: COMPANY OVERVIEW 331
TABLE 208 TECHMAN ROBOT INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 332
TABLE 209 TECHMAN ROBOT INC.: PRODUCT LAUNCHES 332
TABLE 210 TECHMAN ROBOT INC.: DEALS 333
TABLE 211 TECHMAN ROBOT INC.: EXPANSIONS 333
14.2.5 AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD. 335
TABLE 212 AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD.: COMPANY OVERVIEW 335
TABLE 213 AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 336
TABLE 214 AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD.: PRODUCT LAUNCHES 336
TABLE 215 AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD.: DEALS 337
TABLE 216 AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD.: EXPANSIONS 337
14.2.6 KUKA AG 339
TABLE 217 KUKA AG: COMPANY OVERVIEW 339
FIGURE 63 KUKA AG: COMPANY SNAPSHOT 340
TABLE 218 KUKA AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 340
TABLE 219 KUKA AG: PRODUCT LAUNCHES 341
TABLE 220 KUKA AG: DEALS 341
TABLE 221 KUKA AG: OTHERS 342
14.2.7 DOOSAN ROBOTICS INC. 343
TABLE 222 DOOSAN ROBOTICS INC.: COMPANY OVERVIEW 343
TABLE 223 DOOSAN ROBOTICS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 344
TABLE 224 DOOSAN ROBOTICS INC.: PRODUCT LAUNCHES 344
TABLE 225 DOOSAN ROBOTICS INC.: DEALS 345
TABLE 226 DOOSAN ROBOTICS INC.: EXPANSIONS 346
14.2.8 DENSO CORPORATION 347
TABLE 227 DENSO CORPORATION: COMPANY OVERVIEW 347
FIGURE 64 DENSO CORPORATION: COMPANY SNAPSHOT 348
TABLE 228 DENSO CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 348
TABLE 229 DENSO CORPORATION: DEALS 349
14.2.9 YASKAWA ELECTRIC CORPORATION 350
TABLE 230 YASKAWA ELECTRIC CORPORATION: COMPANY OVERVIEW 350
FIGURE 65 YASKAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT 351
TABLE 231 YASKAWA ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 351
TABLE 232 YASKAWA ELECTRIC CORPORATION: PRODUCT LAUNCHES 352
TABLE 233 YASKAWA ELECTRIC CORPORATION: DEALS 352
TABLE 234 YASKAWA ELECTRIC CORPORATION: EXPANSIONS 353
14.2.10 RETHINK ROBOTICS GMBH 354
TABLE 235 RETHINK ROBOTICS GMBH: COMPANY OVERVIEW 354
TABLE 236 RETHINK ROBOTICS GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED 355
TABLE 237 RETHINK ROBOTICS GMBH: PRODUCT LAUNCHES 355
TABLE 238 RETHINK ROBOTICS GMBH: DEALS 356
TABLE 239 RETHINK ROBOTICS GMBH: EXPANSIONS 356
14.3 OTHER PLAYERS 357
14.3.1 SIASUN ROBOT & AUTOMATION CO., LTD. 357
14.3.2 FRANKA EMIKA GMBH 358
14.3.3 COMAU S.P.A. 359
14.3.4 F&P ROBOTICS AG 360
14.3.5 STÄUBLI INTERNATIONAL AG 361
14.3.6 BOSCH REXROTH AG 362
14.3.7 PRODUCTIVE ROBOTICS, LLC 363
14.3.8 NEURA ROBOTICS GMBH 364
14.3.9 ELEPHANT ROBOTICS 365
14.3.10 ELITE ROBOTS 366
14.3.11 NIRYO 367
14.3.12 HANWHA CORPORATION 368
14.3.13 OMRON ADEPT TECHNOLOGY, INC. 369
14.3.14 WYZO 370
14.3.15 MIP ROBOTICS 370
14.3.16 KAWASAKI ROBOTICS 371
14.3.17 DOBOT 372
14.3.18 JAKA ROBOTICS 373
14.3.19 HUILING-TECH ROBOTIC CO., LTD. 374
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
15 APPENDIX 375
15.1 DISCUSSION GUIDE 375
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 379
15.3 CUSTOMIZATION OPTIONS 381
15.3.1 COMPANY INFORMATION 381
15.4 RELATED REPORTS 381
15.5 AUTHOR DETAILS 382
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