March 5, 2024
ICT

Collaborative Robots Market Size to Garner USD 39.59 Billion by 2032

The global collaborative robots market size was estimated to be around US$ 2.39 billion in 2022. It is projected to reach US$ 39.59 billion by 2032, indicating a compound annual growth rate 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.

The market research report on the Collaborative robots market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of Collaborative robots products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.

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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

Read More: Artificial Intelligence (AI) in Manufacturing Market Size to Garner USD 68.36 Billion by 2032

The report presents the volume and value-based market size for the base year 2022 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.

Focusing on the global Collaborative robots market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the Collaborative robots market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.

Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of Collaborative robots products across different countries and applications.

Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2023 to 2032. It also includes accurate figures for production capacity and production by region during the same period.

The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.

This in-depth research report offers valuable insights into the Collaborative robots market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.

The competitive landscape section of the report provides detailed information on Collaborative robots market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the Collaborative robots market.

Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report

Reasons to Purchase this Report:

  • Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
  • In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
  • Market size in USD million and volume in million units provided for each segment and sub-segment.
  • Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
  • Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.

Key Players

  • 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 Segmentations

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

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

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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