Collaborative Robots Market Report 2026

The collaborative robots market size has grown exponentially in recent years. It will grow from $4.18 billion in 2025 to $5.43 billion in 2026 at a compound annual growth rate (CAGR) of 29.9%. The growth in the historic period can be attributed to expansion of industrial automation initiatives, rising labor shortages in manufacturing, growing demand for flexible production lines, improved safety certification standards, increasing affordability of collaborative robots.

The collaborative robots market size is expected to see exponential growth in the next few years. It will grow to $15.55 billion in 2030 at a compound annual growth rate (CAGR) of 30.1%. The growth in the forecast period can be attributed to growing integration of AI-enabled robot perception, rising adoption in non-automotive industries, expansion of smart factory investments, increasing demand for rapid deployment automation, growing use of collaborative robots in logistics and packaging. Major trends in the forecast period include increasing deployment of human-robot collaborative workcells, rising adoption of low-payload cobots in SMEs, growing use of vision-guided collaborative robots, expansion of flexible and reprogrammable robotic systems, enhanced focus on worker safety and ergonomics.

Rising labor costs are expected to drive the growth of the collaborative robots market in the coming years. Labor costs include the total expenses a company incurs for each employee’s salary, benefits, and associated payroll taxes. These costs are a key factor in determining an organization’s direct and indirect labor expenses. As labor costs rise, companies are increasingly adopting collaborative robots to reduce expenses and address labor shortages. For example, according to Eurostat, a Luxembourg-based statistical office of the European Union, hourly labor costs in the second quarter of 2024 increased by 4.7% in the euro area and by 5.2% in the EU compared to the same quarter in the previous year. Therefore, rising labor costs are driving demand for collaborative robots.

Key players in the collaborative robots market are focusing on strategic partnerships and collaborations to leverage shared resources and expand their market presence. For instance, in February 2023, Rapid Robotics, a U.S.-based manufacturer of robotic solutions, partnered with Universal Robots, a Denmark-based manufacturer of smaller, flexible industrial collaborative robots, to accelerate cobot deployments in new ways. Additionally, in May 2023, Universal Robots partnered with Denali Advanced Integration, a U.S.-based integrator of services and global technology, to provide major enterprises with end-to-end integration and service support, reflecting growing interest in cobot automation.

In August 2025, OPTEL Group, a Canada-based provider of pharmaceutical traceability and supply chain solutions, acquired Vanguard Robotics for an undisclosed amount. This acquisition strengthens OPTEL’s pharmaceutical automation capabilities by integrating collaborative robot (cobot) technology, improving operational efficiency, and addressing labor constraints in the pharmaceutical sector. Vanguard Robotics, based in Canada, provides end-of-line collaborative robotic systems.

Major companies operating in the collaborative robots market are Teradyne Inc., FANUC Corporation, KUKA AG, Denso Corporation, ABB Ltd., Mitsubishi Electric Corporation, Yaskawa Electric Corporation, Doosan Robotics Inc., Kawasaki Heavy Industries Ltd., Omron Corporation, AUBO (Beijing AUBO Robotics Technology Co., Ltd.), JAKA Robotics Co., Ltd., Universal Robots A/S, OnRobot A/S, Kinova Inc., Kassow Robots ApS, United Robotics Group GmbH, Seed Robotics Lda, TIRA Robotics, NEO Robotics GmbH, GLITZ Robotics Pvt. Ltd.

Asia-Pacific was the largest region in the collaborative robots market in 2025. The regions covered in the collaborative robots market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the collaborative robots market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The collaborative robots market consists of revenues earned by entities by providing hand guiding, safety monitored stop, and speed and separation. The market value includes the value of related goods sold by the service provider or included within the service offering. The collaborative robots market also includes the sales of grippers, robotic arms, controllers, and sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.