Collaborative Robot (Cobot) Market by Payload, Component (End Effectors, Controllers), Application (Handling, Assembling & Disassembling, Dispensing, Processing), Industry (Electronics, Furniture & Equipment), and Geography Global Forecast to 2026

In the Collaborative Robot (Cobot) statistical surveying study, 2019 is considered as the base year, and 2020-2027 is considered as the estimate time frame to anticipate the market size. Significant districts stressed in the report incorporate North America, South America, Europe, Asia, Pacific region Middle East & Africa. According to , the global collaborative robot market is projected to grow from USD 981 million in 2020 to USD 7,972 billion by 2026; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 41.8% during 20202026.

The report on the Collaborative Robot (Cobot) Market gives a foot perspective on the present continuing inside the Collaborative Robot (Cobot) market. Further, the report likewise considers the effect of the novel COVID-19 pandemic on the Collaborative Robot (Cobot) market and offers an away from of the anticipated market variances during the estimate time frame.

The global Collaborative Robot (Cobot) market report covers major market players such as
Universal Robots (Denmark)
Techman Robot (Taiwan)
FANUC (Japan)
KUKA (Germany)
Doosan Robotics (South Korea)
AUBO Robotics (US)
ABB (Switzerland)
Precise Automation (US)
Rethink Robotics (US)
MABI Robotic (Switzerland)
Franka Emika (Germany)
Comau (Italy)
F&P Robotics (Switzerland)
Stubli (Switzerland)
Robert Bosch (Germany)
Productive Robotics (US)
Kawada Robotics (Japan)
Kawasaki Robotics (Japan)
Siasun (China)
Hanwha Precision Machinery (South Korea)
Hans Robot (China)
Automata (UK)
ST Robotics (US)
and Carbon Robotics (US)

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In 2027, the Collaborative Robot (Cobot) market is spectated to outperform ~US$ xx Mn/Bn with a CAGR of xx% over the estimate time frame. The Collaborative Robot (Cobot) market clicked an estimation of ~US$ xx Mn/Bn in 2019. Region is required to represent a critical piece of the overall industry, where the Collaborative Robot (Cobot) market size is anticipated to blow up with a CAGR of xx% during the estimate time frame.

The report inspects each Collaborative Robot (Cobot) market player as per its piece of the pie, creation impression, and development rate. SWOT examination of the players (qualities, weaknesses, opportunities and threats) has been covered in this report. Further, the Collaborative Robot (Cobot) market study portrays the ongoing dispatches, understandings, R&D undertakings, and business systems of the market players including.

High Points of the Global Collaborative Robot (Cobot) Report:

  • All the market segmentation represented region wise.
  • Past, present, and future market size for the value and volume.
  • Market shares and business strategies of the key players.
  • Emerging all segments and regional markets.
  • The whole analysis of the Collaborative Robot (Cobot) market.
  • Recommendations regarding business opportunities and current challenges.
  • Information regarding advanced development and technology innovation for the Collaborative Robot (Cobot) market.

The research report includes specific segments by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2027.

Global Collaborative Robot (Cobot) Market: Segmentation

By Payload:

  • Up to 5 kg
  • 5–10 kg
  • More than 10 kg

By Component:

  • Hardware (Robotic Arm, End Effectors, Drives, Controllers, Sensors, Power Supply, Motors, and Others)
  • Software

By Application:

  • Handling (Pick and Place, Material Handling, Packaging and Palletizing, and Machine Tending)
  • Assembling and Disassembling (Screwdriving and Nut Fastening)
  • Welding and Soldering
  • Dispensing (Gluing and Painting)
  • Processing (Grinding, Milling, and Cutting)
  • Others (Inspection and Quality Testing and Die-casting and Molding)

By Industry:

  • Automotive
  • Electronics
  • Metals and Machining
  • Plastics and Polymers
  • Food & Beverages
  • Furniture and Equipment
  • Healthcare
  • Others

By Geography:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • APAC
    • China
    • Japan
    • South Korea
    • Taiwan
    • Thailand
    • India
    • Rest of APAC
  • RoW
    • The Middle East & Africa
    • South America

Human–Robot Collaborative Operational Environment (Qualitative)

  • Safety-rated Monitored Stop
  • Hand Guiding
  • Speed Reduction and Separation Monitoring
  • Power and Force Limiting

Integration of Cobots and IoT (Qualitative)

  • Connectivity Technology (Ethernet, Wi-Fi, Bluetooth, and Cellular)
  • Interoperability Software

Key Questions Addressed in the Report

  • What will be the dynamics for the adoption of collaborative robots based on their payload capacity?
  • How will different regions (North America, Europe, APAC, and Row) contribute to the overall collaborative robot market growth by 2026?
  • Which countries are expected to adopt collaborative robots at a fast rate?
  • What will be the value contribution from software and various hardware components in the overall collaborative robot market?
  • What are the key market dynamics influencing market growth? How will they turn into strengths or weaknesses of companies operating in the collaborative robot market space?

Frequently Asked Questions (FAQ):

For handling applications, material handling presents a growth opportunity for collaborative robots. Collaborative robots are now being attached to AMRs and AGVs, which provide a continuously moving supply-chain of moving materials for order fulfilment. Regulations and standards for collaborative operations are also being updated for cobots being fitted to mobile units. End effectors such as robotic screwdrivers and polishing kits made for use with cobots are further expanding the scope of assembly and processing applications. At present, pick and place is the major application for collaborative robots. Cobot manufacturers such as ABB (Switzerland) and F&P Robotics (Switzerland) even offer in-house grippers for ease of use.

Currently, Universal Robots (Denmark) maintains the top spot in the collaborative robot market. The companys cobot ecosystem that integrates end effectors, accessories, and applications for plug and play operation has been a successful strategy which is also adopted by other market leaders. Companies like FANUC (Japan) and KUKA (Germany) who have a wide geographical presence have launched new generation of cobots in to keep itself relevant in the cobot marketspace. Companies such as Techman Robot (Taiwan) and Doosan Robotics (South Korea) who already have a capable product portfolio and cobot ecosystem are expanding to new regions through company subsidiaries and cooperation with local integrators and authorized distributors.