Global collaborative robots (cobots) market will reach $24,172.4 million by 2032 in terms of robotic system (including Hardware, Software, Service), growing by 30.7% annually over 2022-2032, driven by the emerging Industry 4.0, a large scope for AI innovation, an increasing adoption of advanced cobots to improve the productivity and safety in manufacturing sectors. By unit shipment, the global cobots market will grow at 32.3% annually over the forecast period.
Highlighted with 92 tables and 138 figures, this 258-page report "Global Collaborative Robots Market 2022-2032 by Offering (Hardware, Software, Service), Payload (<5 KG, 5-10 KG, >10 KG), Application, Industry Vertical, and Region: Trend Forecast and Growth Opportunity" is based on a comprehensive research of the entire global collaborative robots market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global collaborative robots market in every aspect of the classification from perspectives of Offering, Payload, Application, Industry Vertical, and Region.
Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
o Robotic Arms
o Drives
o Sensors
o Controllers
o End Effectors
o Actuators
o Other Hardware
• Software
• Services
Based on Payload, the global market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2022-2032 included in each section.
• < 5 KG
• 5-10 KG
• >10 KG
By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2022-2032 included in each section.
• Material Handling
• Machine Tending
• Assembly
• Molding Operation
• Inspection and Testing
• Packaging and Palletizing
• Welding and Gluing
• Polishing
• Screw Driving
• Other Applications
By Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) and shipment (thousand units) for 2022-2032 included in each section.
• Automotive Industry
• Electrical & Electronics
• Chemicals, Polymers & Plastics
• Pharmaceutical Industry
• Food and Beverage
• Aerospace and Defense
• Metal & Machinery
• Other Industry Verticals
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE，Saudi Arabia， South Africa and Rest of MEA)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) and shipment (thousand units) are available for 2022-2032. The breakdown of all regional markets by country and split of each national market by Payload, Application, and Industry Vertical over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
ABB Ltd.
Aubo Robotics Inc.
Comau S.p.A
Denso Corporation
Fanuc Corp.
Kawada Robotics
KUKA (Midea Group)
Nachi Robotic Systems, Inc.
Precise Automation, Inc
Productive Robotics, Inc.
Rethink Robotics, Inc.
Robert Bosch GmbH
Seiko Epson Corporation (Epson Robotics)
Staubli International AG
Techman Robot
Universal Robots
Yaskawa Electric Corp.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 12
1.1 Industry Definition and Research Scope 12
1.1.1 Industry Definition 12
1.1.2 Research Scope 13
1.2 Research Methodology 16
1.2.1 Overview of Market Research Methodology 16
1.2.2 Market Assumption 17
1.2.3 Secondary Data 17
1.2.4 Primary Data 17
1.2.5 Data Filtration and Model Design 18
1.2.6 Market Size/Share Estimation 19
1.2.7 Research Limitations 20
1.3 Executive Summary 21
2 Market Overview and Dynamics 24
2.1 Market Size and Forecast 24
2.1.1 Impact of COVID-19 on World Economy 26
2.1.2 Impact of COVID-19 on the Market 29
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 31
2.2 Major Growth Drivers 35
2.3 Market Restraints and Challenges 40
2.4 Emerging Opportunities and Market Trends 43
2.5 Porter's Fiver Forces Analysis 47
3 Segmentation of Global Market by Offering 51
3.1 Market Overview by Offering 51
3.2 Hardware 53
3.2.1 Robotic Arms 55
3.2.2 Drives 56
3.2.3 Sensors 57
3.2.4 Controllers 58
3.2.5 End Effectors 59
3.2.6 Actuators 60
3.2.7 Other Hardware 61
3.3 Software 62
3.4 Services 63
4 Segmentation of Global Market by Payload 64
4.1 Market Overview by Payload 64
4.2 < 5 KG 68
4.3 5-10 KG 70
4.4 > 10 KG 72
5 Segmentation of Global Market by Application 74
5.1 Market Overview by Application 74
5.2 Material Handling 78
5.3 Machine Tending 80
5.4 Assembly 82
5.5 Molding Operation 84
5.6 Inspection and Testing 86
5.7 Packaging and Palletizing 88
5.8 Welding and Gluing 90
5.9 Polishing 92
5.10 Screw Driving 94
5.11 Other Applications 96
7 Segmentation of Global Market by Industry Vertical 98
7.1 Market Overview by Industry Vertical 98
7.2 Automotive Industry 102
7.3 Electrical & Electronics 104
7.4 Chemicals, Polymers & Plastics 106
7.5 Pharmaceutical Industry 108
7.6 Food and Beverage 110
7.7 Aerospace and Defense 112
7.8 Metal & Machinery 114
7.9 Other Industry Verticals 116
8 Segmentation of Global Market by Region 118
8.1 Geographic Market Overview 2022-2032 118
8.2 North America Market 2022-2032 by Country 124
8.2.1 Overview of North America Market 124
8.2.2 U.S. 130
8.2.3 Canada 134
8.2.4 Mexico 137
8.3 European Market 2022-2032 by Country 140
8.3.1 Overview of European Market 140
8.3.2 Germany 146
8.3.3 U.K. 149
8.3.4 France 152
8.3.5 Spain 155
8.3.6 Italy 158
8.3.7 Russia 161
8.3.8 Rest of European Market 164
8.4 Asia-Pacific Market 2022-2032 by Country/Region 166
8.4.1 Overview of Asia-Pacific Market 166
8.4.2 Japan 172
8.4.3 China 176
8.4.4 Australia 179
8.4.5 India 182
8.4.6 South Korea 185
8.4.7 Rest of APAC Region 188
8.5 South America Market 2022-2032 by Country 190
8.5.1 Argentina 196
8.5.2 Brazil 199
8.5.3 Chile 202
8.5.4 Rest of South America Market 205
8.6 MEA Market 2022-2032 by Country 206
8.6.1 UAE 212
8.6.2 Saudi Arabia 215
8.6.3 South Africa 218
8.6.4 Other National Markets 221
9 Competitive Landscape 222
9.1 Overview of Key Vendors 222
9.2 New Product Launch, Partnership, Investment, and M&A 226
9.3 Company Profiles 227
ABB Ltd. 227
Aubo Robotics Inc. 229
Comau S.p.A 230
Denso Corporation 232
Fanuc Corp. 234
Kawada Robotics 236
KUKA (Midea Group) 237
Nachi Robotic Systems, Inc. 240
Precise Automation, Inc 241
Productive Robotics, Inc. 242
Rethink Robotics, Inc. 243
Robert Bosch GmbH 246
Seiko Epson Corporation (Epson Robotics) 247
Staubli International AG 249
Techman Robot 251
Universal Robots 252
Yaskawa Electric Corp. 255
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