Global collaborative robots (cobots) market will reach $24,172.4 million by 2032 in terms of robotic system (including Hardware, Software, Service), growing by 30.7% annually over 2022-2032, driven by the emerging Industry 4.0, a large scope for AI innovation, an increasing adoption of advanced cobots to improve the productivity and safety in manufacturing sectors. By unit shipment, the global cobots market will grow at 32.3% annually over the forecast period.
Highlighted with 92 tables and 138 figures, this 258-page report “Global Collaborative Robots Market 2022-2032 by Offering (Hardware, Software, Service), Payload (<5 KG, 5-10 KG, >10 KG), Application, Industry Vertical, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global collaborative robots market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global collaborative robots market in every aspect of the classification from perspectives of Offering, Payload, Application, Industry Vertical, and Region.
Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
o Robotic Arms
o Drives
o Sensors
o Controllers
o End Effectors
o Actuators
o Other Hardware
• Software
• Services
Based on Payload, the global market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2022-2032 included in each section.
• < 5 KG
• 5-10 KG
• >10 KG
By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2022-2032 included in each section.
• Material Handling
• Machine Tending
• Assembly
• Molding Operation
• Inspection and Testing
• Packaging and Palletizing
• Welding and Gluing
• Polishing
• Screw Driving
• Other Applications
By Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2022-2032 included in each section.
• Automotive Industry
• Electrical & Electronics
• Chemicals, Polymers & Plastics
• Pharmaceutical Industry
• Food and Beverage
• Aerospace and Defense
• Metal & Machinery
• Other Industry Verticals
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE,Saudi Arabia, South Africa and Rest of MEA)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) and shipment (thousand units) are available for 2022-2032. The breakdown of all regional markets by country and split of each national market by Payload, Application, and Industry Vertical over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
ABB Ltd.
Aubo Robotics Inc.
Comau S.p.A
Denso Corporation
Fanuc Corp.
Kawada Robotics
KUKA (Midea Group)
Nachi Robotic Systems, Inc.
Precise Automation, Inc
Productive Robotics, Inc.
Rethink Robotics, Inc.
Robert Bosch GmbH
Seiko Epson Corporation (Epson Robotics)
Staubli International AG
Techman Robot
Universal Robots
Yaskawa Electric Corp.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 12
1.1 Industry Definition and Research Scope 12
1.1.1 Industry Definition 12
1.1.2 Research Scope 13
1.2 Research Methodology 16
1.2.1 Overview of Market Research Methodology 16
1.2.2 Market Assumption 17
1.2.3 Secondary Data 17
1.2.4 Primary Data 17
1.2.5 Data Filtration and Model Design 18
1.2.6 Market Size/Share Estimation 19
1.2.7 Research Limitations 20
1.3 Executive Summary 21
2 Market Overview and Dynamics 24
2.1 Market Size and Forecast 24
2.1.1 Impact of COVID-19 on World Economy 26
2.1.2 Impact of COVID-19 on the Market 29
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 31
2.2 Major Growth Drivers 35
2.3 Market Restraints and Challenges 40
2.4 Emerging Opportunities and Market Trends 43
2.5 Porter’s Fiver Forces Analysis 47
3 Segmentation of Global Market by Offering 51
3.1 Market Overview by Offering 51
3.2 Hardware 53
3.2.1 Robotic Arms 55
3.2.2 Drives 56
3.2.3 Sensors 57
3.2.4 Controllers 58
3.2.5 End Effectors 59
3.2.6 Actuators 60
3.2.7 Other Hardware 61
3.3 Software 62
3.4 Services 63
4 Segmentation of Global Market by Payload 64
4.1 Market Overview by Payload 64
4.2 < 5 KG 68
4.3 5-10 KG 70
4.4 > 10 KG 72
5 Segmentation of Global Market by Application 74
5.1 Market Overview by Application 74
5.2 Material Handling 78
5.3 Machine Tending 80
5.4 Assembly 82
5.5 Molding Operation 84
5.6 Inspection and Testing 86
5.7 Packaging and Palletizing 88
5.8 Welding and Gluing 90
5.9 Polishing 92
5.10 Screw Driving 94
5.11 Other Applications 96
7 Segmentation of Global Market by Industry Vertical 98
7.1 Market Overview by Industry Vertical 98
7.2 Automotive Industry 102
7.3 Electrical & Electronics 104
7.4 Chemicals, Polymers & Plastics 106
7.5 Pharmaceutical Industry 108
7.6 Food and Beverage 110
7.7 Aerospace and Defense 112
7.8 Metal & Machinery 114
7.9 Other Industry Verticals 116
8 Segmentation of Global Market by Region 118
8.1 Geographic Market Overview 2022-2032 118
8.2 North America Market 2022-2032 by Country 124
8.2.1 Overview of North America Market 124
8.2.2 U.S. 130
8.2.3 Canada 134
8.2.4 Mexico 137
8.3 European Market 2022-2032 by Country 140
8.3.1 Overview of European Market 140
8.3.2 Germany 146
8.3.3 U.K. 149
8.3.4 France 152
8.3.5 Spain 155
8.3.6 Italy 158
8.3.7 Russia 161
8.3.8 Rest of European Market 164
8.4 Asia-Pacific Market 2022-2032 by Country/Region 166
8.4.1 Overview of Asia-Pacific Market 166
8.4.2 Japan 172
8.4.3 China 176
8.4.4 Australia 179
8.4.5 India 182
8.4.6 South Korea 185
8.4.7 Rest of APAC Region 188
8.5 South America Market 2022-2032 by Country 190
8.5.1 Argentina 196
8.5.2 Brazil 199
8.5.3 Chile 202
8.5.4 Rest of South America Market 205
8.6 MEA Market 2022-2032 by Country 206
8.6.1 UAE 212
8.6.2 Saudi Arabia 215
8.6.3 South Africa 218
8.6.4 Other National Markets 221
9 Competitive Landscape 222
9.1 Overview of Key Vendors 222
9.2 New Product Launch, Partnership, Investment, and M&A 226
9.3 Company Profiles 227
ABB Ltd. 227
Aubo Robotics Inc. 229
Comau S.p.A 230
Denso Corporation 232
Fanuc Corp. 234
Kawada Robotics 236
KUKA (Midea Group) 237
Nachi Robotic Systems, Inc. 240
Precise Automation, Inc 241
Productive Robotics, Inc. 242
Rethink Robotics, Inc. 243
Robert Bosch GmbH 246
Seiko Epson Corporation (Epson Robotics) 247
Staubli International AG 249
Techman Robot 251
Universal Robots 252
Yaskawa Electric Corp. 255
RELATED REPORTS 258
List of Tables:
Table 1. Snapshot of Global Collaborative Robots Market in Balanced Perspective, 2022-2032 22
Table 2. World Economic Outlook, 2021-2031 27
Table 3. World Economic Outlook, 2021-2023 28
Table 4. Scenarios for Economic Impact of Ukraine Crisis 32
Table 5. Main Product Trends and Market Opportunities in Global Collaborative Robots Market 43
Table 6. Global Collaborative Robots Market by Offering, 2022-2032, $ mn 51
Table 7. Global Collaborative Robots Market: Hardware by Type, 2022-2032, $ mn 54
Table 8. Global Collaborative Robots Market by Payload, 2022-2032, $ mn 64
Table 9. Global Collaborative Robots Market by Payload, 2022-2032, thousand units 66
Table 10. Global Collaborative Robots Market by Application, 2022-2032, $ mn 74
Table 11. Global Collaborative Robots Market by Application, 2022-2032, thousand units 76
Table 12. Global Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 98
Table 13. Global Collaborative Robots Market by Industry Vertical, 2022-2032, thousand units 100
Table 14. Global Collaborative Robots Market by Region, 2022-2032, $ mn 119
Table 15. Global Collaborative Robots Market by Region, 2022-2032, thousand units 121
Table 16. Leading National Collaborative Robots Market, 2022 and 2032, $ mn 123
Table 17. North America Collaborative Robots Market by Country, 2022-2032, $ mn 126
Table 18. North America Collaborative Robots Market by Country, 2022-2032, thousand units 128
Table 19. U.S. Collaborative Robots Market by Payload, 2022-2032, $ mn 132
Table 20. U.S. Collaborative Robots Market by Application, 2022-2032, $ mn 132
Table 21. U.S. Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 133
Table 22. Canada Collaborative Robots Market by Payload, 2022-2032, $ mn 135
Table 23. Canada Collaborative Robots Market by Application, 2022-2032, $ mn 135
Table 24. Canada Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 136
Table 25. Mexico Collaborative Robots Market by Payload, 2022-2032, $ mn 138
Table 26. Mexico Collaborative Robots Market by Application, 2022-2032, $ mn 138
Table 27. Mexico Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 139
Table 28. Europe Collaborative Robots Market by Country, 2022-2032, $ mn 143
Table 29. Europe Collaborative Robots Market by Country, 2022-2032, thousand units 145
Table 30. Germany Collaborative Robots Market by Payload, 2022-2032, $ mn 147
Table 31. Germany Collaborative Robots Market by Application, 2022-2032, $ mn 147
Table 32. Germany Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 148
Table 33. U.K. Collaborative Robots Market by Payload, 2022-2032, $ mn 150
Table 34. U.K. Collaborative Robots Market by Application, 2022-2032, $ mn 150
Table 35. U.K. Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 151
Table 36. France Collaborative Robots Market by Payload, 2022-2032, $ mn 153
Table 37. France Collaborative Robots Market by Application, 2022-2032, $ mn 153
Table 38. France Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 154
Table 39. Spain Collaborative Robots Market by Payload, 2022-2032, $ mn 156
Table 40. Spain Collaborative Robots Market by Application, 2022-2032, $ mn 156
Table 41. Spain Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 157
Table 42. Italy Collaborative Robots Market by Payload, 2022-2032, $ mn 159
Table 43. Italy Collaborative Robots Market by Application, 2022-2032, $ mn 159
Table 44. Italy Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 160
Table 45. Russia Collaborative Robots Market by Payload, 2022-2032, $ mn 162
Table 46. Russia Collaborative Robots Market by Application, 2022-2032, $ mn 162
Table 47. Russia Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 163
Table 48. Collaborative Robots Market in Rest of Europe by Country, 2022-2032, $ mn 165
Table 49. APAC Collaborative Robots Market by Country/Region, 2022-2032, $ mn 168
Table 50. APAC Collaborative Robots Market by Country/Region, 2022-2032, thousand units 170
Table 51. Japan Collaborative Robots Market by Payload, 2022-2032, $ mn 174
Table 52. Japan Collaborative Robots Market by Application, 2022-2032, $ mn 174
Table 53. Japan Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 175
Table 54. China Collaborative Robots Market by Payload, 2022-2032, $ mn 177
Table 55. China Collaborative Robots Market by Application, 2022-2032, $ mn 177
Table 56. China Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 178
Table 57. Australia Collaborative Robots Market by Payload, 2022-2032, $ mn 180
Table 58. Australia Collaborative Robots Market by Application, 2022-2032, $ mn 180
Table 59. Australia Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 181
Table 60. India Collaborative Robots Market by Payload, 2022-2032, $ mn 183
Table 61. India Collaborative Robots Market by Application, 2022-2032, $ mn 183
Table 62. India Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 184
Table 63. South Korea Collaborative Robots Market by Payload, 2022-2032, $ mn 186
Table 64. South Korea Collaborative Robots Market by Application, 2022-2032, $ mn 186
Table 65. South Korea Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 187
Table 66. Collaborative Robots Market in Rest of APAC by Country/Region, 2022-2032, $ mn 189
Table 67. South America Collaborative Robots Market by Country, 2022-2032, $ mn 193
Table 68. South America Collaborative Robots Market by Country, 2022-2032, thousand units 195
Table 69. Argentina Collaborative Robots Market by Payload, 2022-2032, $ mn 197
Table 70. Argentina Collaborative Robots Market by Application, 2022-2032, $ mn 197
Table 71. Argentina Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 198
Table 72. Brazil Collaborative Robots Market by Payload, 2022-2032, $ mn 200
Table 73. Brazil Collaborative Robots Market by Application, 2022-2032, $ mn 200
Table 74. Brazil Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 201
Table 75. Chile Collaborative Robots Market by Payload, 2022-2032, $ mn 203
Table 76. Chile Collaborative Robots Market by Application, 2022-2032, $ mn 203
Table 77. Chile Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 204
Table 78. MEA Collaborative Robots Market by Country, 2022-2032, $ mn 208
Table 79. MEA Collaborative Robots Market by Country, 2022-2032, thousand units 210
Table 80. UAE Collaborative Robots Market by Payload, 2022-2032, $ mn 213
Table 81. UAE Collaborative Robots Market by Application, 2022-2032, $ mn 213
Table 82. UAE Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 214
Table 83. Saudi Arabia Collaborative Robots Market by Payload, 2022-2032, $ mn 216
Table 84. Saudi Arabia Collaborative Robots Market by Application, 2022-2032, $ mn 216
Table 85. Saudi Arabia Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 217
Table 86. South Africa Collaborative Robots Market by Payload, 2022-2032, $ mn 219
Table 87. South Africa Collaborative Robots Market by Application, 2022-2032, $ mn 219
Table 88. South Africa Collaborative Robots Market by Industry Vertical, 2022-2032, $ mn 220
Table 89. Major Cobots Provided by Leading Vendors 224
Table 90. ABB Ltd.: Company Snapshot 227
Table 91. ABB Ltd.: Business Segmentation 228
Table 92. ABB Ltd.: Product Portfolio 228