Collaborative Robots Market

Collaborative Robot (Cobot) Market Size, Share, Growth Analysis, By Payload (5kg, 5-10kg, 10-25kg, >25kg), Application(Handling, Assembling, Welding & Soldering, Dispensing, Processing, Others), End-user, Component, and Region - Industry Forecast 2024-2031


Report ID: UCMIG45N2042 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Collaborative Robots Market Insights

Market Overview:

In 2022, the global collaborative robots market achieved a significant valuation of USD 1.23 billion, indicating its growing prominence in various industries. Looking ahead, experts anticipate a robust expansion at a compound annual growth rate (CAGR) of 32.0% from 2023 to 2030. This projected growth can be attributed to the increasing adoption of collaborative robots across different sectors, driven by their ability to enhance productivity, improve safety, and streamline operations. The rising demand for automation solutions, coupled with advancements in artificial intelligence and machine learning, is expected to fuel the market's growth further. Consequently, the collaborative robots market is poised to witness substantial development and transformative impacts on industries worldwide in the coming years.

Collaborative Robots Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Semiconductor Equipment by segment aggregation, the contribution of the Semiconductor Equipment in Semiconductors & Semiconductor Equipment and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Collaborative Robots was estimated to be valued at US$ XX Mn in 2021.

The Collaborative Robots Market is estimated to grow at a CAGR of XX% by 2028.

The Collaborative Robots Market is segmented on the basis of Payload Capacity, Application, Vertical, Regional.

Based on region, the Collaborative Robots Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Collaborative Robots Market are ABB Group, DENSO Robotics, Epson Robots, Energid Technologies Corporation, F&P Robotics AG, Fanuc Corporation, KUKA AG, MRK-Systeme GmbH, Precise Automation, Inc, Rethink Robotics, Inc, Robert Bosch GmbH, Universal Robots A/S, Yaskawa Electric Corporation, MABI Robotic AG, Techman Robot Inc., Franks Emika Gmbh, AUBO Robotics, Comau S.p.A..

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Collaborative Robots Market

Report ID: UCMIG45N2042

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