The Collaborative Robots market is expected to grow at CAGR of 38.4% to reach USD 9.92 billion by 2025.

Investment in robotics has become more affordable to a broader array of manufactures, due to advancements in technology and the availability of low-cost components. This advancement has paved the way for collaborative robots or “Cobot” in order to bring automation into different verticals previously not possible. The devices are specifically designed to provide a safe alternative to industrial robots that could work side by side with human workers.

The global collaborative robot industry is still in the early innings. The rapid technological advancements in this industry promise to bring efficiency, development, and growth to countless sectors in the coming years. The major sectors where these devices are used include electronics & semiconductor, automotive, pharma, plastics & polymers, aerospace, food & beverage, among others. Furthermore, a rising number of robotics programs at universities such as Carnegie Mellon, Massachusetts Institute of Technology (MIT) and Georgia Institute of Technology will establish a strong platform for the growth of the collaborative robot market worldwide.

Below pointers highlights, a concrete description of the study content and the topics covered under the research scope-

• The proposed report identifies the worldwide collaborative robot market in different segments including, payload capacity, end-use, application, and geography.
• The proposed study discusses the supply-side factors affecting the industry growth along with the current and future trends impacting the development of this industry.
• The study offers a detailed analysis of industry attractiveness through strategic analysis such as market attractiveness study, PEST analysis, and Porter’s Five Forces analysis.
• The research report also presents a detailed examination of the collaborative robot industry along the lines of market drivers, challenges, growth opportunities, and recommendations.
• The report also provides a detailed analysis of different industries in which collaborative robot is being used, such as electrical, automotive, electronics & semiconductor, healthcare among others.
• The study also identifies future market opportunities, industry developments, emerging players, as well as demand for particular products in different countries
• The key manufacturers are profiled and analyzed in detail in the Key Vendor Analysis section of the report. This section covers the company overview, business financials, key product benchmarking, and strategic initiatives.

Browse 148 Tables and 68 Figures spread through over 150 Pages and in-depth TOC on “ Collaborative Robots Market, By Payload Capacity (Up to 5kg, up to 10kg, and Above 10kg), By Verticals (Food & Beverage, Automotive, Plastic & Polymers, Furniture & Equipment, Electronics, Metal & Machinery, and Healthcare), By Application, By End-Use, and Geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) – Analysis, Share, Trends, Size, & Forecast from 2019 – 2025“
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KEY HIGHLIGHTS

• The global collaborative robot market is broadly analyzed in terms of payloads, verticles, applications, and end-users. Depending upon verticles, the industry is divided into Plastic & Polymers, Food & Beverage, Automotive, Healthcare, Metal & Machinery, Furniture & Equipment, Electronics, and others.
• Application-wise, the worldwide industry is categorized into Quality Testing, Pick & Place, Gluing & Welding, Assembly, Packaging, Handling, Machine Tending, and others. It is noted that the digital transformation of warehouses offers a tremendous opportunity for new entrants to create value
• The introduction of cobots will definitely unlock market verticals that underserved by industrial robotics such as food, logistics, and security. Companies are actively investing in these sectors to introduce novel product offering.
• For instance, 6 River Systems’ Chucks cobot uses cloud software to coordinate warehouse tasks along with working side-by-side with humans. Such introductions are expected to change the industry dynamics in a positive manner during the forecast period.
• Some of the prominent emerging companies in this market are; Cobalt Robotics, Inc., RightHand, inVia Robotics, Inc., 6 River Systems, Inc., and Starship among others
• Key manufacturers profiled in this study are; Energid Technologies Corporation, DENSO Robotics, ABB Group, Epson America, Inc., F&P Robotics, Rethink Robotics, KUKA, Robert Bosch GmbH, Franka Emika GmbH, MABI AG, Yaskawa Electric Corporation, Universal Robots A/S, AUBO, Inc., and Comau S.p.A
• It is analyzed that companies come up with new improvements in collaborative robots that offer more extensive interactive features. It can be in the form of recognizing voice commands, advanced versions of interactivity, or advanced vision systems which will enable these robots to perform the required tasks without minimal operator interference.

The scope of this report covers the market by its major segments, which include as follows:

KEY MANUFACTURERS

• Robert Bosch GmbH
• F&P Robotics
• Universal Robots A/S
• Epson America, Inc.
• DENSO Robotics
• KUKA Robotics
• MABI AG
• Rethink Robotics
• Franka Emika GmbH
• Yaskawa Electric Corporation
• Comau S.p.A
• Energid Technologies Corporation
• ABB Group
• AUBO Robotics, Inc.

MARKET, BY PAYLOAD CAPACITY

• Upto 5kg
• Upto 10kg
• Above 10kg

MARKET, BY VERTICALS

• Metal & Machinery
• Food & Beverage
• Furniture & Equipment
• Plastic & Polymers
• Healthcare
• Automotive
• Electronics
• Others

MARKET, BY APPLICATION

• Machine Tending
• Packaging
• Gluing & Welding
• Quality Testing
• Pick & Place
• Assembly
• Handling
• Others

MARKET, BY END-USE

• Service Robotics
• Physical Rehabilitation
• Humanoid Robots
• Video – Mobile Navigation
• Research & Education – YouBot
• Minimally Invasive Surgery
• Mobile
• TV News – Camera & Teleprompter
• Military End-Use
• Lightweight Mobile Platforms
• Wearable Robotics

MARKET, BY REGION

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • Italy
  • Spain
  • United Kingdom
  • Rest of Europe
• Asia Pacific
  • India
  • China
  • South Korea
  • Japan
  • Singapore
  • Rest of APAC
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of LATAM
• Middle East and Africa
  • Saudi Arabia
  • United Arab Emirates
  • Rest of MEA