Collaborative Robot Market, by Payload, by Component, by Application, by End-use Industry and by Region - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028

Collaborative robot (cobot) enhances the human capabilities by assisting workers in many industrial processes. Collaborative robot or cobot follows human orders and assists humans in various operations such as welding and soldering, material handling, assembling and disassembling, processing, dispensing, painting, spraying, molding, quality testing, and others. The global collaborative robot (cobot) market is segmented on the basis of payload, component, application, end-use industry, and region.



Collaborative robots or cobots are the robots, which have the ability to collaborate with humans and enhance the human capabilities. There are various advantages of using collaborative robots or cobots such as easy to program, easy to install, and flexible i.e. adding new task is simple compared to other robots.

Market Dynamics

Increasing demand for automation in different industries, adoption of collaborative robots in automotive industry, increasing product launches related to collaborative robot (cobot) by various market players are the factors which drive the growth of the global collaborative robot (cobot) market.

The increasing demand for automation in different industries such as healthcare, automotive, food and beverages, metal and machining, plastic and polymers, retail and others is expected to fuel growth of the global collaborative robot (cobot) market. Collaborative robots or cobots are used to automate processes such as product assembling, packaging, labeling, pumping, welding, painting, spraying, material handling, and others in the companies. For instance, in food and beverages industry cobots are used to fill large number of food packages in few minutes. In manufacturing industry, cobots are used to assemble parts of the product.

Key features of the study:

• This report provides in-depth analysis of global collaborative robot (cobot) market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2021- 2028), considering 2020 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
• It profiles leading players in the global collaborative robot (cobot) market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
• The companies covered as a part of this study include ABB, Universal Robots, FANUC Corporation, Techman Robot, AUBO Robotics, KUKA, Kawada Robotics, Productive Robotics, Kawasaki Robotics, Precise Automation, YASKAWA, F&P Robotics, Rethink Robotics, Robert Bosch, MABI Robotic, Siasun, Franka Emika, Hanwha Precision Machinery, Carbon Robotics, Han’s Robot, ST Robotics, and Others
• Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
• The global collaborative robot (cobot) market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global collaborative robot (cobot) market

Detailed Segmentation

Global Collaborative Robot (Cobot) Market, By Payload:

• Up to 5 Kg
• 6-10 Kg
• 11 Kg and Above

Global Collaborative Robot (Cobot) Market, By Component:

• Hardware
• Software

Global Collaborative Robot (Cobot) Market, By Application:

• Welding and Soldering
• Material Handling
• Assembling and Disassembling
• Processing
• Dispensing/ Painting / Spraying
• Others (Molding, Quality Testing, etc.)

Global Collaborative Robot (Cobot) Market, By End-use Industry:

• Healthcare
• Automotive
• Food and Beverages
• Metals and Machining
• Plastic and Polymers
• Others (Retail, Electronics, Furniture and Equipment, etc.)

Global Collaborative Robot (Cobot) Market, By Region:

• North America
• U.S.
• Canada
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• ASEAN
• Rest of Asia Pacific
• Europe
• Germany
• Italy
• U.K.
• France
• Russia
• Rest of Europe
• Latin America
• Brazil
• Mexico
• Argentina
• Rest of Latin America
• Middle East and Africa

By Country/Region:

• GCC Countries
• South Africa
• Rest of Middle East and Africa

Company Profiles

• ABB *
• Company Overview
• Product Portfolio
• Financial Performance
• Key Strategies
• Recent Developments/ Updates
• Universal Robots
• FANUC Corporation
• Techman Robot
• AUBO Robotics
• KUKA
• Kawada Robotics
• Productive Robotics
• Kawasaki Robotics
• Precise Automation
• YASKAWA
• F&P Robotics
• Rethink Robotics
• Robert Bosch
• MABI Robotic
• Siasun
• Franka Emika
• Hanwha Precision Machinery
• Carbon Robotics
• Han’s Robot
• ST Robotics
• Others