Collaborative Robot Market Analysis

  • Report ID: 3584
  • Published Date: Dec 24, 2024
  • Report Format: PDF, PPT

Collaborative Robot Segmentation

The market is segmented by end user into electronics, automotive, manufacturing, food and beverage, chemicals, and pharmaceutical, out of which, the automotive segment is anticipated to hold the largest share in the global collaborative robot market. This can be accounted to the growing robot innovations taking place in the automotive industry with augmented human capacity and capability. In addition, the significance of robots in industrial automation, including their ability to manage complicated and repetitive tasks with accuracy, even in hazardous environments, is also predicted to drive growth to the market segment in the future. Moreover, on the basis of payload, the up to 5 kg segment is assessed to grab the largest share over the forecast period owing to the lightweight, flexibility, high reliability and ability of collaborating heavier-weight processes.

Our in-depth analysis of the global market includes the following segments

           By Payload

  • Up to 5 Kg
  • 5-10 Kg
  • Above 10 Kg

           By End User

  • Electronics
  • Automotive
  • Manufacturing
  • Food and Beverage
  • Chemicals
  • Pharmaceutical

          By Application

 

  • Handling
  • Processing
 

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of collaborative robot is estimated at USD 2.62 billion.

Collaborative Robot Market size was over USD 2.04 billion in 2024 and is anticipated to cross USD 88.13 billion by 2037, witnessing more than 33.6% CAGR during the forecast period i.e., between 2025-2037.

Asia Pacific industry is estimated to hold largest revenue share by 2037, ascribed to increasing emphasis on the quality and precision of cobots, and rising adoption of automation and artificial intelligence technologies in the region.

The major players in the market are Fanuc Corporation, TechMan Robot Inc., Rethink Robotics GmbH, Universal Robot A/S, AUBO Robotics USA, and others.
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