by The collaborative robots market size is poised to grow by USD 39.59 billion by 2032 from USD 2.39 billion in 2022, exhibiting a CAGR of 32.41% during the forecast period 2023-2032.
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.
Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the Collaborative robots market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.
To begin with, the Collaborative robots Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.
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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 Gain USD 68.36 Billion by 2032
The empirical study on the global Collaborative robots market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the Collaborative robots Market. Our market report for the Collaborative robots market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.
Top 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
Data Sources and Methodology
To gather comprehensive insights on the Global Collaborative robots Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.
We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Collaborative robots Market.
The most resonating, simple, genuine, and important causes because of which you must decide to buy the Collaborative robots market report exclusively from precedence research
- The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.
Key Features of the Report:
- Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
- Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
- Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.
Collaborative Robots Market Segmentation:
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
Reasons to Consider Purchasing the Report:
- Enhance your market research capabilities by accessing this comprehensive and precise report on the global Collaborative robots market.
- Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
- Benefit from in-depth research and analysis of the latest trends shaping the global Collaborative robots market.
- Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Collaborative robots market.
- Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
- Discover not only the cutting-edge technological advancements in the global Collaborative robots market but also the strategic plans of industry leaders.
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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