Collaborative Robots Global Market Report 2024

Global Collaborative Robots Market Report 2024

Collaborative Robots Global Market Report 2024 – By Component (Hardware, Software), By Payload Capacity (Up to 5kg, Up to 10kg, Above 10kg), By Application (Assembly, Pick And Place, Handling, Packaging, Quality Testing, Gluing And Welding, Other Applications), By Vertical (Automotive, Food And Beverage, Furniture, Plastic And Polymers, Metal And Machinery, Electronics, Pharmaceuticals, Other Verticals) – Market Size, Trends, And Global Forecast 2024-2033

Name: Collaborative Robots Global Market Report 2024
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Collaborative Robots Global Market Report 2024

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Collaborative Robots Global Market Report 2023

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Collaborative Robots Market Definition

Collaborative robots refer to robotic automation that is built in a collaborative workspace to work safely and assist human workers. These robots are used in an industrial setting to complete repetitive tasks and work hand-in-hand with employees.

The main components of collaborative robots are hardware and software. Hardware refers to the physical component that is required for a computer to function. The various payload capacity includes up to 5kg, up to 10kg, and above 10kg. These are applied in assembly, pick and place, handling, packaging, quality testing, gluing and welding, and others, and are used by various verticals such as automotive, food and beverage, furniture, plastic and polymers, metal and machinery, electronics, pharmaceuticals, and others.

Collaborative Robots Market Segmentation

The collaborative robots market covered in this report is segmented –

1) By Component: Hardware, Software

2) By Payload Capacity: Up to 5kg, Up to 10kg, Above 10kg

3) By Application: Assembly, Pick And Place, Handling, Packaging, Quality Testing, Gluing And Welding, Other Applications

4) By Vertical: Automotive, Food And Beverage, Furniture, Plastic And Polymers, Metal And Machinery, Electronics, Pharmaceuticals, Other Verticals

Global Collaborative Robots Market Size 2023 to 2028: Graph

Collaborative Robots Market Size 2024 And Growth Rate

The collaborative robots market size has grown exponentially in recent years. It will grow from $2.56 billion in 2023 to $3.3 billion in 2024 at a compound annual growth rate (CAGR) of 29.2%. The growth in the historic period can be attributed to strong economic growth in emerging markets growth, rising labor costs, growth in the industrial sector and rise in demand for automation.

Collaborative Robots Market Growth Forecast

The collaborative robots market size is expected to see exponential growth in the next few years. It will grow to $9.41 billion in 2028 at a compound annual growth rate (CAGR) of 29.9%. The growth in the forecast period can be attributed to automotive industry, rise in e-commerce and logistics and rising urbanization. Major trends in the forecast period include integration of collaborative robots with advanced technologies, product innovations, focus on new product launches, strategic partnerships and collaborations, and rising investments.

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Collaborative Robots Market Driver: Rising Labor Costs Fueling Growth In Collaborative Robots Market

Rising labor costs are expected to propel the growth of the collaborative robots market going forward. Labor costs are the sums that a company must spend to cover each employee's salary and benefits, in addition to any associated payroll taxes and benefits. Accounting and finance experts consider labor costs as a significant variable when determining an organization's direct and indirect labor expenses. Rising labor costs would increase the adoption of collaborative robots as they would lower labor costs and solve the growing labor shortages. For instance, in December 2021, according to the European Commission, a Belgium-based executive of the European Union that operates as a cabinet government, the total hourly labor costs in the EU increased from 1.1% in 2021 to 4.1% in 2022. Therefore, the rising labor costs are driving the collaborative robots market.

Collaborative Robots Market Driver: Automotive Industry Growth Fuels Expansion In Collaborative Robots Market

The growing automotive industry is expected to propel the growth of the collaborative robots market going forward. The automotive industry is a sector that encompasses numerous organizations and firms involved in the design, development, manufacture, marketing, sale, and maintenance of motor vehicles. The automotive industry benefits significantly from the integration of collaborative robots, also known as cobots, in various aspects of manufacturing and assembly processes. For instance, in May 2023, according to a report published by the European Automobile Manufacturers' Association (ACEA), in 2022, 85.4 million motor vehicles were produced worldwide, a 5.7% increase over 2021. Moreover, according to the International Organization of Motor Vehicle Manufacturers, a 36-national trade association, the total production of cars and commercial vehicles in 2021 was 80,145,988, which increased to 85,016,728 in 2022. Therefore, the growing automotive industry is driving the collaborative robots market.

Global Collaborative Robots Market Major Players

Major companies operating in the collaborative robots market report are Teradyne, Fanuc Corporation, KUKA AG, Denso Corporation, ABB Group,Mitsubishi Electric, Yaskawa Electric Corporation, Doosan, Kawasaki Heavy Industries, Omron Corporation, HASCO, AUBO, Jaka Robotics, United Robotics Group GmbH, Melior Motion GmbH, Kassow Robots ApS, Schaeffler Technologies AG & Co. KG, Universal Robots, OnRobot, Kinova, CodeNinja, Apollo Solutions Dev, ViaObjects, VR4, Consensus group, ITPS ONE, Optimusrobo FZCO, Unique World Robotics, Seed Robotics, Neo Robotics, GLITZ Robotics, Cobots, Zipline, TIRA ROBOTS, Ryonic Robotics, Arone

Global Collaborative Robots Market Trend: Abb Launches Gofa And Swifti

Product innovations are a key trend gaining popularity in the collaborative robot market. Major companies operating in the collaborative robot market are focused on developing new technological solutions to strengthen their position. For instance, in February 2021, ABB Group, a Switzerland-based technology company operating in electrification and automation, launched two new-generation cobots, GoFa and SWIFTI. It is uniquely designed to allow users to program and re-program the new robots while operating a tablet or smartphone. They are engineered with on-call and online service experts who help to use and configure them and offer higher payloads and speeds to unlock industries that have low levels of automation. They are expected to help businesses accelerate automation by operating within minutes of installation, straight out of the box.

Global Collaborative Robots Market Trend: Rapid Robotics Teams Up With Universal Robots

Companies operating in the collaborative robots market are focusing on strategic partnerships and collaborations to leverage each other’s resources and expand in the market. For example, in February 2023, Rapid Robotics, a US-based manufacturer of robotic solutions, entered into a partnership with Universal Robots, a Denmark-based manufacturer of smaller, flexible industrial collaborative robots. Through this partnership, Rapid Robotics and Universal Robots aim to accelerate cobot deployments in new ways. Further, in May 2023, Universal Robots, a Denmark-based manufacturer of smaller, flexible industrial collaborative robots, entered into a new partnership with Denali Advanced Integration, a US-based integrator of services and global technology. This partnership is in line with a rising interest in cobot automation among major enterprises and will provide them with end-to-end integration and service support.

Collaborative Robots Market Merger And Acquisition: United Robotics Group Acquires Softbank Robotics Group To Boost Service Robotics Innovation

In April 2022, The United Robotics Group, a German-based developer of customized service robotics solutions, acquired SoftBank Robotics Group Corp. for an undisclosed amount. Through this acquisition, combined resources with SoftBank are expected to accelerate URG's research and development and strengthen the company’s innovative power. This acquisition is expected to enable URG to expand as a leading service robotics company in Europe. SoftBank Robotics Group Corp. is a US-based developer and manufacturer of industrial robotics, including collaborative robots.

Regional Analysis For The Global Collaborative Robots Market

Asia-Pacific was the largest region in the collaborative robots market in 2023. The regions covered in the collaborative robots market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the collaborative robots market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The collaborative robots market consists of revenues earned by entities by providing hand guiding, safety monitored stop, and speed and separation. The market value includes the value of related goods sold by the service provider or included within the service offering. The collaborative robots market also includes the sales of grippers, robotic arms, controllers, and sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The collaborative robots market research report is one of a series of new reports from The Business Research Company that provides collaborative robots market statistics, including collaborative robots industry global market size, regional shares, competitors with a collaborative robots market share, detailed collaborative robots market segments, market trends, and opportunities, and any further data you may need to thrive in the collaborative robots industry. This collaborative robots market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Collaborative Robots Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$3.3 billion
Revenue Forecast In 2033	$9.41 billion
Growth Rate	CAGR of 29.9% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Component: Hardware, Software 2) By Payload Capacity: Up to 5kg, Up to 10kg, Above 10kg 3) By Application: Assembly, Pick And Place, Handling, Packaging, Quality Testing, Gluing And Welding, Other Applications 4) By Vertical: Automotive, Food And Beverage, Furniture, Plastic And Polymers, Metal And Machinery, Electronics, Pharmaceuticals, Other Verticals
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Teradyne; Fanuc Corporation; KUKA AG; Denso Corporation; ABB Group;Mitsubishi Electric; Yaskawa Electric Corporation; Doosan; Kawasaki Heavy Industries; Omron Corporation; HASCO; AUBO; Jaka Robotics; United Robotics Group GmbH; Melior Motion GmbH; Kassow Robots ApS; Schaeffler Technologies AG & Co. KG; Universal Robots; OnRobot; Kinova; CodeNinja; Apollo Solutions Dev; ViaObjects; VR4; Consensus group; ITPS ONE; Optimusrobo FZCO; Unique World Robotics; Seed Robotics; Neo Robotics; GLITZ Robotics; Cobots; Zipline; TIRA ROBOTS; Ryonic Robotics; Arone
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Collaborative Robots Market Characteristics

3. Collaborative Robots Market Trends And Strategies

4. Collaborative Robots Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Collaborative Robots Market Size and Growth

5.1. Global Collaborative Robots Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Collaborative Robots Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Collaborative Robots Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Collaborative Robots Market Segmentation

6.1. Global Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Hardware

Software

6.2. Global Collaborative Robots Market, Segmentation By Payload Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Up to 5kg

Up to 10kg

Above 10kg

6.3. Global Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Assembly

Pick And Place

Handling

Packaging

Quality Testing

Gluing And Welding

Other Applications

6.4. Global Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Automotive

Food And Beverage

Furniture

Plastic And Polymers

Metal And Machinery

Electronics

Pharmaceuticals

Other Verticals

7. Collaborative Robots Market Regional And Country Analysis

7.1. Global Collaborative Robots Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Collaborative Robots Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Collaborative Robots Market

8.1. Asia-Pacific Collaborative Robots Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Collaborative Robots Market

9.1. China Collaborative Robots Market Overview

9.2. China Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Collaborative Robots Market

10.1. India Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Collaborative Robots Market

11.1. Japan Collaborative Robots Market Overview

11.2. Japan Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Collaborative Robots Market

12.1. Australia Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Collaborative Robots Market

13.1. Indonesia Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Collaborative Robots Market

14.1. South Korea Collaborative Robots Market Overview

14.2. South Korea Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Collaborative Robots Market

15.1. Western Europe Collaborative Robots Market Overview

15.2. Western Europe Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Collaborative Robots Market

16.1. UK Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Collaborative Robots Market

17.1. Germany Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Collaborative Robots Market

18.1. France Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Collaborative Robots Market

19.1. Italy Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Collaborative Robots Market

20.1. Spain Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Collaborative Robots Market

21.1. Eastern Europe Collaborative Robots Market Overview

21.2. Eastern Europe Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Collaborative Robots Market

22.1. Russia Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Collaborative Robots Market

23.1. North America Collaborative Robots Market Overview

23.2. North America Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Collaborative Robots Market

24.1. USA Collaborative Robots Market Overview

24.2. USA Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Collaborative Robots Market

25.1. Canada Collaborative Robots Market Overview

25.2. Canada Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Collaborative Robots Market

26.1. South America Collaborative Robots Market Overview

26.2. South America Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Collaborative Robots Market

27.1. Brazil Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Collaborative Robots Market

28.1. Middle East Collaborative Robots Market Overview

28.2. Middle East Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Collaborative Robots Market

29.1. Africa Collaborative Robots Market Overview

29.2. Africa Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Collaborative Robots Market Competitive Landscape And Company Profiles

30.1. Collaborative Robots Market Competitive Landscape

30.2. Collaborative Robots Market Company Profiles

30.2.1. Teradyne

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Fanuc Corporation

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. KUKA AG

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Denso Corporation

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. ABB Group

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Collaborative Robots Market Other Major And Innovative Companies

31.1. Mitsubishi Electric

31.2. Yaskawa Electric Corporation

31.3. Doosan

31.4. Kawasaki Heavy Industries

31.5. Omron Corporation

31.6. HASCO

31.7. AUBO

31.8. Jaka Robotics

31.9. United Robotics Group GmbH

31.10. Melior Motion GmbH

31.11. Kassow Robots ApS

31.12. Schaeffler Technologies AG & Co. KG

31.13. Universal Robots

31.14. OnRobot

31.15. Kinova

32. Global Collaborative Robots Market Competitive Benchmarking

33. Global Collaborative Robots Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Collaborative Robots Market

35. Collaborative Robots Market Future Outlook and Potential Analysis

35.1 Collaborative Robots Market In 2028 - Countries Offering Most New Opportunities

35.2 Collaborative Robots Market In 2028 - Segments Offering Most New Opportunities

35.3 Collaborative Robots Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Collaborative Robots Market, Segmentation By Payload Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Collaborative Robots Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Collaborative Robots Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: Teradyne Financial Performance

Table 76: Fanuc Corporation Financial Performance

Table 77: KUKA AG Financial Performance

Table 78: Denso Corporation Financial Performance

Table 79: ABB Group Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Collaborative Robots Market, Segmentation By Payload Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Collaborative Robots Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Collaborative Robots Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Collaborative Robots Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Collaborative Robots Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Collaborative Robots Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: Teradyne Financial Performance

Figure 76: Fanuc Corporation Financial Performance

Figure 77: KUKA AG Financial Performance

Figure 78: Denso Corporation Financial Performance

Figure 79: ABB Group Financial Performance

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Frequently Asked Questions

What is the definition of the collaborative robots market?

How will the collaborative robots market drivers and restraints affect the collaborative robots market dynamics? What forces will shape the collaborative robots industry going forward?

The collaborative robots market major growth driver - Rising Labor Costs Fueling Growth In Collaborative Robots Market. For further insights on the collaborative robots market, request a sample here

What is the forecast market size or the forecast market value of the collaborative robots market?

The collaborative robots market size has grown exponentially in recent years. It will grow from $2.56 billion in 2023 to $3.3 billion in 2024 at a compound annual growth rate (CAGR) of 29.2%. The growth in the historic period can be attributed to strong economic growth in emerging markets growth, rising labor costs, growth in the industrial sector and rise in demand for automation. The collaborative robots market size is expected to see exponential growth in the next few years. It will grow to $9.41 billion in 2028 at a compound annual growth rate (CAGR) of 29.9%. The growth in the forecast period can be attributed to automotive industry, rise in e-commerce and logistics and rising urbanization. Major trends in the forecast period include integration of collaborative robots with advanced technologies, product innovations, focus on new product launches, strategic partnerships and collaborations, and rising investments. For further insights on the collaborative robots market, request a sample here

How is the collaborative robots market segmented?

The collaborative robots market is segmented
1) By Component: Hardware, Software
2) By Payload Capacity: Up to 5kg, Up to 10kg, Above 10kg
3) By Application: Assembly, Pick And Place, Handling, Packaging, Quality Testing, Gluing And Welding, Other Applications
4) By Vertical: Automotive, Food And Beverage, Furniture, Plastic And Polymers, Metal And Machinery, Electronics, Pharmaceuticals, Other VerticalsFor further insights on the collaborative robots market, request a sample here

Which region has the largest share of the collaborative robots market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the collaborative robots market in 2023. The regions covered in the collaborative robots market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the collaborative robots market, request a sample here.

Who are the major players in the collaborative robots market?

What are the key trends in the collaborative robots market?

Major trend in the collaborative robots market - Abb Launches Gofa And Swifti. For further insights on the collaborative robots market, request a sample here.

What are the major opportunities in the collaborative robots market? What are the strategies for the collaborative robots market?

For detailed insights on the major opportunities and strategies in the collaborative robots market, request a sample here.

How does the collaborative robots market relate to the overall economy and other similar markets?

For detailed insights on collaborative robots market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the collaborative robots industry?

For detailed insights on the mergers and acquisitions in the collaborative robots industry, request a sample here.

What are the key dynamics influencing the collaborative robots market growth? SWOT analysis of the collaborative robots market.

For detailed insights on the key dynamics influencing the collaborative robots market growth and SWOT analysis of the collaborative robots industry, request a sample here.