The global collaborative robot (Cobot) market is expected to grow from USD 941.80 million in 2019 to USD 16,934.45 million by 2027, at a CAGR of 43.56% during the forecast period 2020-2027.
Collaborative robot is the robot that is designed to interact with humans at the workplace. These robots are considered to be service robots, and thus they are designed to work along with the humans. Cobots are different than the traditional robots. They perform a variety of functions in various industries. They can undertake multiple tasks which is unlikely in conventional robots. Cobots have additional features like speed and safety monitoring, power and force limiting, hand guiding, etc. They assist the employees and helps to deliver profitable outcomes for the organization. Cobots eases out the work of employees and thus have significantly decreased the number of injuries in workplaces.
This study delivers a comprehensive analysis of component, payload, applications, end-users and regions. The component segment includes software and hardware. The software sub-segment is expected to grow at a lucrative rate. Due to the growing demand for cobots, continuous technological advancements are necessary. The payload segment includes up to 5Kgs, up to 10Kgs and above 10Kgs. Cobots with up to 5Kgs dominate the segment. It is lightweight, flexible, less costly and takes up little space as compared to the other higher payloads, which makes it popular among the industries. The application segment includes assembly, handling, processing, dispensing, packaging and quality testing. The handling segment accounts for the largest market share. The handling tasks are efficiently done by the cobots. Also, the risk of damage and contamination is minimized. The end-users segment includes automotive, food and beverages, furniture and equipment, plastic and polymers, metal and machinery, electronics, pharmaceuticals and others. Among these, the automotive sector accounts for the largest market share. The growth is attributed to the ease of the process of transportation and the reduced cost of production downtime.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Europe holds the largest market share. They are expected to grow at a significant rate over the years. This growth is due to the increased usability of cobot in different industries. Many of the local companies are collaborating with cobots for delivering efficient results.
Some of the notable players of the collaboration robot market include EPSON Robots, F&P Robotics AG, MRK Systeme, Precise Automation, Yaskawa Electric, Robert Bosch GmbH, Universal Robots A/S, AUBO Robotics Inc., Techman Robot, Franka Emik GmbH, DENSO Robotics, Energid Technologies, ABB Group, Fanuc Corporation, KUKA AG, Precise Automation, AUBO Robotics, Rethink Robotics Inc., MABI AG and others. Techman Robot launched an application named Tokyo RoboDEX in January 2019, which has additional features such as vibration feeder, screw driving, etc. These visual features have increased its applicability in industries by improving the 2D and 3D applications.
This study forecasts revenue growth at global, regional, and country levels from 2020 to 2027. Fior Markets has segmented the market based on below-mentioned segments:
Global Collaboration Robot (Cobot) Market Analysis And Forecast, By Component
Global Collaboration Robot (Cobot) Market Analysis And Forecast, By Payload
Global Collaboration Robot (Cobot) Market Analysis And Forecast, By Application
Global Collaboration Robot (Cobot) Market Analysis And Forecast, By End-Users
Global Collaboration Robot (Cobot) Market Analysis And Forecast, By Region
Report Description:
The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Component
4.3.2. Market Attractiveness Analysis By Payload
4.3.3. Market Attractiveness Analysis By Application
4.3.4. Market Attractiveness Analysis By End User
4.3.5. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restraints
5.4. Opportunities
6. Global Collaboration (Cobot) Robot Market Analysis and Forecast, By Component
6.1. Segment Overview
6.2. Software
6.3. Hardware
7. Global Collaboration (Cobot) Robot Market Analysis and Forecast, By Payload
7.1. Segment Overview
7.2. Up to 5kgs
7.3. Up to 10Kgs
7.4. Above 10Kgs
8. Global Collaboration (Cobot) Robot Market Analysis and Forecast, By Application
8.1. Segment Overview
8.2. Assembly
8.3. Handling
8.4. Dispensing
8.5. Processing
8.6. Packaging
8.7. Quality Testing
9. Global Collaboration (Cobot) Robot Market Analysis and Forecast, By End User
9.1. Segment Overview
9.2. Automotive
9.3. Food and Beverages
9.4. Furniture and Equipment
9.5. Plastic and Polymers
9.6. Metal and Machinery
9.7. Electronics
9.8. Pharmaceuticals
9.9. Others
10. Global Collaboration (Cobot) Robot Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Collaboration (Cobot) Robot Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in Global Collaboration (Cobot) Robot Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. EPSON Robots
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. F&P Robotics AG
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. MRK Systeme
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. Precise Automation
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. Yaskawa Electric
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. Robert Bosch GmbH
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. Universal Robots A/S
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. AUBO Robotics Inc
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Product Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
12.9. Techman Robot
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Product Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
12.10. Franka Emik GmbH,
12.10.1. Business Overview
12.10.2. Company Snapshot
12.10.3. Company Market Share Analysis
12.10.4. Company Product Portfolio
12.10.5. Recent Developments
12.10.6. SWOT Analysis
12.11. DENSO Robotics
12.11.1. Business Overview
12.11.2. Company Snapshot
12.11.3. Company Market Share Analysis
12.11.4. Company Product Portfolio
12.11.5. Recent Developments
12.11.6. SWOT Analysis
12.12. Energid Technologies
12.12.1. Business Overview
12.12.2. Company Snapshot
12.12.3. Company Market Share Analysis
12.12.4. Company Product Portfolio
12.12.5. Recent Developments
12.12.6. SWOT Analysis
12.13. ABB Group
12.13.1. Business Overview
12.13.2. Company Snapshot
12.13.3. Company Market Share Analysis
12.13.4. Company Product Portfolio
12.13.5. Recent Developments
12.13.6. SWOT Analysis
12.14. Fanuc Corporation
12.14.1. Business Overview
12.14.2. Company Snapshot
12.14.3. Company Market Share Analysis
12.14.4. Company Product Portfolio
12.14.5. Recent Developments
12.14.6. SWOT Analysis
12.15. KUKA AG
12.15.1. Business Overview
12.15.2. Company Snapshot
12.15.3. Company Market Share Analysis
12.15.4. Company Product Portfolio
12.15.5. Recent Developments
12.15.6. SWOT Analysis
12.16. Precise Automation
12.16.1. Business Overview
12.16.2. Company Snapshot
12.16.3. Company Market Share Analysis
12.16.4. Company Product Portfolio
12.16.5. Recent Developments
12.16.6. SWOT Analysis
12.17. AUBO Robotics
12.17.1. Business Overview
12.17.2. Company Snapshot
12.17.3. Company Market Share Analysis
12.17.4. Company Product Portfolio
12.17.5. Recent Developments
12.17.6. SWOT Analysis
12.18. Rethink Robotics Inc
12.18.1. Business Overview
12.18.2. Company Snapshot
12.18.3. Company Market Share Analysis
12.18.4. Company Product Portfolio
12.18.5. Recent Developments
12.18.6. SWOT Analysis
12.19. MABI AG
12.19.1. Business Overview
12.19.2. Company Snapshot
12.19.3. Company Market Share Analysis
12.19.4. Company Product Portfolio
12.19.5. Recent Developments
12.19.6. SWOT Analysis
List of Table
1. Global Collaboration (Cobot) Robot Market, By Component , 2017–2027 (USD Billion)
2. Global Software, Collaboration (Cobot) Robot Market, By Region, 2017–2027 (USD Billion)
3. Global Hardware, Collaboration (Cobot) Robot Market, By Region, 2017–2027 (USD Billion)
4. Global Collaboration (Cobot) Robot Market, By Payload , 2017–2027 (USD Billion)
5. Global Up to 5kgs, Collaboration (Cobot) Robot Market, By Region, 2017–2027 (USD Billion)
6. Global Up to 10Kgs, Collaboration (Cobot) Robot Market, By Region, 2017–2027 (USD Billion)
7. Global Above 10Kgs, Collaboration (Cobot) Robot Market, By Region, 2017–2027 (USD Billion)
8. Global Collaboration (Cobot) Robot Market, By Application, 2017–2027 (USD Billion)
9. Global Assembly, Collaboration (Cobot) Robot Market, By Region, 2017–2027 (USD Billion)
10. Global Handling, Collaboration (Cobot) Robot Market, By Region, 2017–2027 (USD Billion)
11. Global Dispensing, Collaboration (Cobot) Robot Market, By Region, 2017–2027 (USD Billion)
12. Global Processing, Collaboration (Cobot) Robot Market, By Region, 2017–2027 (USD Billion)
13. Global Packaging, Collaboration (Cobot) Robot Market, By Region, 2017–2027 (USD Billion)
14. Global Quality Testing, Collaboration (Cobot) Robot Market, By Region, 2017–2027 (USD Billion)
15. Global Collaboration (Cobot) Robot Market, By End User , 2017–2027 (USD Billion)
16. Global Automotive, Collaboration (Cobot) Robot Market, By Region, 2017–2027 (USD Billion)
17. Global Food and Beverages, Collaboration (Cobot) Robot Market, By Region, 2017–2027 (USD Billion)
18. Global Furniture and Equipment, Collaboration (Cobot) Robot Market, By Region, 2017–2027 (USD Billion)
19. Global Plastic and Polymers, Collaboration (Cobot) Robot Market, By Region, 2017–2027 (USD Billion)
20. Global Metal and Machinery, Collaboration (Cobot) Robot Market, By Region, 2017–2027 (USD Billion)
21. Global Electronics, Collaboration (Cobot) Robot Market, By Region, 2017–2027 (USD Billion)
22. Global Pharmaceuticals, Collaboration (Cobot) Robot Market, By Region, 2017–2027 (USD Billion)
23. Global Others, Collaboration (Cobot) Robot Market, By Region, 2017–2027 (USD Billion)
24. Global Collaboration (Cobot) Robot Market, By Region, 2017–2027 (USD Billion)
25. Global Collaboration (Cobot) Robot Market, By North America, 2017–2027 (USD Billion)
26. North America Collaboration (Cobot) Robot Market, By Component, 2017–2027 (USD Billion)
27. North America Collaboration (Cobot) Robot Market, By Payload, 2017–2027 (USD Billion)
28. North America Collaboration (Cobot) Robot Market, By Application, 2017–2027 (USD Billion)
29. North America Collaboration (Cobot) Robot Market, By End User , 2017–2027 (USD Billion)
30. U.S. Collaboration (Cobot) Robot Market, By Component , 2017–2027 (USD Billion)
31. US Collaboration (Cobot) Robot Market, By Payload, 2017–2027 (USD Billion)
32. US Collaboration (Cobot) Robot Market, By Application, 2017–2027 (USD Billion)
33. U.S. Collaboration (Cobot) Robot Market, By End User , 2017–2027 (USD Billion)
34. Canada Collaboration (Cobot) Robot Market, By Component , 2017–2027 (USD Billion)
35. Canada Collaboration (Cobot) Robot Market, By Payload, 2017–2027 (USD Billion)
36. Canada Collaboration (Cobot) Robot Market, By Application, 2017–2027 (USD Billion)
37. Canada Collaboration (Cobot) Robot Market, By End User , 2017–2027 (USD Billion)
38. Mexico Collaboration (Cobot) Robot Market, By Component , 2017–2027 (USD Billion)
39. Mexico Collaboration (Cobot) Robot Market, By End User , 2017–2027 (USD Billion)
40. Mexico Collaboration (Cobot) Robot Market, By Payload, 2017–2027 (USD Billion)
41. Mexico Collaboration (Cobot) Robot Market, By Application, 2017–2027 (USD Billion)
42. Europe Collaboration (Cobot) Robot Market, By Component , 2017–2027 (USD Billion)
43. Europe Collaboration (Cobot) Robot Market, By Source , 2017–2027 (USD Billion)
44. Europe Collaboration (Cobot) Robot Market, By Payload, 2017–2027 (USD Billion)
45. Europe Collaboration (Cobot) Robot Market, By Application, 2017–2027 (USD Billion)
46. Germany Collaboration (Cobot) Robot Market, By Component , 2017–2027 (USD Billion)
47. Germany Collaboration (Cobot) Robot Market, By End User , 2017–2027 (USD Billion)
48. Germany Collaboration (Cobot) Robot Market, By Payload, 2017–2027 (USD Billion)
49. Germany Collaboration (Cobot) Robot Market, By Application, 2017–2027 (USD Billion)
50. France Collaboration (Cobot) Robot Market, By Component , 2017–2027 (USD Billion)
51. France Collaboration (Cobot) Robot Market, By End User , 2017–2027 (USD Billion)
52. France Collaboration (Cobot) Robot Market, By Payload, 2017–2027 (USD Billion)
53. France Collaboration (Cobot) Robot Market, By Application, 2017–2027 (USD Billion)
54. U.K. Collaboration (Cobot) Robot Market, By Component , 2017–2027 (USD Billion)
55. U.K. Collaboration (Cobot) Robot Market, By End User , 2017–2027 (USD Billion)
56. UK Collaboration (Cobot) Robot Market, By Payload, 2017–2027 (USD Billion)
57. UK Collaboration (Cobot) Robot Market, By Application, 2017–2027 (USD Billion)
58. Italy Collaboration (Cobot) Robot Market, By Component , 2017–2027 (USD Billion)
59. Italy Collaboration (Cobot) Robot Market, By End User , 2017–2027 (USD Billion)
60. Italy Collaboration (Cobot) Robot Market, By Payload, 2017–2027 (USD Billion)
61. Italy Collaboration (Cobot) Robot Market, By Application, 2017–2027 (USD Billion)
62. Spain Collaboration (Cobot) Robot Market, By Component , 2017–2027 (USD Billion)
63. Spain Collaboration (Cobot) Robot Market, By End User , 2017–2027 (USD Billion)
64. Spain Collaboration (Cobot) Robot Market, By Payload, 2017–2027 (USD Billion)
65. Spain Collaboration (Cobot) Robot Market, By Application, 2017–2027 (USD Billion)
66. Asia Pacific Collaboration (Cobot) Robot Market, By Component , 2017–2027 (USD Billion)
67. Asia Pacific Collaboration (Cobot) Robot Market, By End User , 2017–2027 (USD Billion)
68. Asia Pacific Collaboration (Cobot) Robot Market, By Payload, 2017–2027 (USD Billion)
69. Asia Pacific Collaboration (Cobot) Robot Market, By Application, 2017–2027 (USD Billion)
70. Japan Collaboration (Cobot) Robot Market, By Component , 2017–2027 (USD Billion)
71. Japan Collaboration (Cobot) Robot Market, By End User , 2017–2027 (USD Billion)
72. Japan Collaboration (Cobot) Robot Market, By Payload, 2017–2027 (USD Billion)
73. Japan Collaboration (Cobot) Robot Market, By Application, 2017–2027 (USD Billion)
74. China Collaboration (Cobot) Robot Market, By Component , 2017–2027 (USD Billion)
75. China Collaboration (Cobot) Robot Market, By End User , 2017–2027 (USD Billion)
76. China Collaboration (Cobot) Robot Market, By Payload, 2017–2027 (USD Billion)
77. China Collaboration (Cobot) Robot Market, By Application, 2017–2027 (USD Billion)
78. India Collaboration (Cobot) Robot Market, By Component , 2017–2027 (USD Billion)
79. India Collaboration (Cobot) Robot Market, By End User , 2017–2027 (USD Billion)
80. India Collaboration (Cobot) Robot Market, By Payload, 2017–2027 (USD Billion)
81. India Collaboration (Cobot) Robot Market, By Application, 2017–2027 (USD Billion)
82. South America Collaboration (Cobot) Robot Market, By Component , 2017–2027 (USD Billion)
83. South America Collaboration (Cobot) Robot Market, By End User , 2017–2027 (USD Billion)
84. South America Collaboration (Cobot) Robot Market, By Payload, 2017–2027 (USD Billion)
85. South America Collaboration (Cobot) Robot Market, By Application, 2017–2027 (USD Billion)
86. Brazil Collaboration (Cobot) Robot Market, By Component , 2017–2027 (USD Billion)
87. Brazil Collaboration (Cobot) Robot Market, By End User , 2017–2027 (USD Billion)
88. Brazil Collaboration (Cobot) Robot Market, By Payload, 2017–2027 (USD Billion)
89. Brazil Collaboration (Cobot) Robot Market, By Application, 2017–2027 (USD Billion)
90. Middle East and Africa Collaboration (Cobot) Robot Market, By Component , 2017–2027 (USD Billion)
91. Middle East and Africa Collaboration (Cobot) Robot Market, By End User , 2017–2027 (USD Billion)
92. Middle East and Africa Collaboration (Cobot) Robot Market, By Payload, 2017–2027 (USD Billion)
93. Middle East and Africa Collaboration (Cobot) Robot Market, By Application, 2017–2027 (USD Billion)
94. UAE Collaboration (Cobot) Robot Market, By Component , 2017–2027 (USD Billion)
95. UAE Collaboration (Cobot) Robot Market, By End User , 2017–2027 (USD Billion)
96. UAE Collaboration (Cobot) Robot Market, By Payload, 2017–2027 (USD Billion)
97. UAE Collaboration (Cobot) Robot Market, By Application, 2017–2027 (USD Billion)
98. South Africa Collaboration (Cobot) Robot Market, By Component , 2017–2027 (USD Billion)
99. South Africa Collaboration (Cobot) Robot Market, By End User , 2017–2027 (USD Billion)
100. South Africa Collaboration (Cobot) Robot Market, By Payload, 2017–2027 (USD Billion)
101. South Africa Collaboration (Cobot) Robot Market, By Application, 2017–2027 (USD Billion)
List of Figures
1. Global Collaboration (Cobot) Robot Market Segmentation
2. Collaboration (Cobot) Robot Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Collaboration (Cobot) Robot Market Attractiveness Analysis By Component
9. Global Collaboration (Cobot) Robot Market Attractiveness Analysis By Payload
10. Global Collaboration (Cobot) Robot Market Attractiveness Analysis By Application
11. Global Collaboration (Cobot) Robot Market Attractiveness Analysis By End User
12. Global Collaboration (Cobot) Robot Market Attractiveness Analysis By Region
13. Global Collaboration (Cobot) Robot Market: Dynamics
14. Global Collaboration (Cobot) Robot Market Share By Component (2020 & 2027)
15. Global Collaboration (Cobot) Robot Market Share By Payload (2020 & 2027)
16. Global Collaboration (Cobot) Robot Market Share By Application (2020 & 2027)
17. Global Collaboration (Cobot) Robot Market Share by End User (2020 & 2027)
18. Global Collaboration (Cobot) Robot Market Share by Regions (2020 & 2027)
19. Global Collaboration (Cobot) Robot Market Share by Company (2019)
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