Collaborative Robot Market by Payload (Less than 5 kg, 5-10 kg, 11-25 kg, More than 25 kg), Component (Hardware, Software), Application (Handling, Assembling & Disassembling, Dispensing, Processing), Industry and Region - Global Forecast to 2030
The global collaborative robot market is projected to grow from USD 1.42 billion in 2025 to USD 3.38 billion by 2030 at a CAGR of 18.9% from 2025 to 2030. Collaborative robots significantly benefit businesses of all sizes by enhancing operational efficiency, reducing labor costs, and improving workplace safety. Their flexibility, ease of integration, and ability to work alongside humans without extensive safety infrastructure make them accessible to both large enterprises and small and medium-sized businesses. Cobots facilitate a fast return on investment and can be easily redeployed for different tasks, making them perfect for a dynamic production scenario. This adaptability is one of the primary reasons for their increasing market penetration in various industries.
Scope of the Report
Years Considered for the Study
2020-2030
Base Year
2024
Forecast Period
2025-2030
Units Considered
Value (USD Million)
Segments
By Payload, Component, Application, Industry, and Region
Regions covered
North America, Europe, APAC, RoW
"Hardware components to account for larger market share in 2030"
Hardware components in the collaborative robot market, including sensors, actuators, controllers, and robotic arms, form the core of cobot functionality. The growing demand for sophisticated and reliable robotic systems fuels investments in high-performance hardware components. With cobots' increased sophistication and complex-task handling capabilities, demand for solid hardware solutions is expanding even further. Also, continued innovation in lightweight materials and miniaturization reinforces hardware dominance. This element continues to be critical to facilitating safe, accurate, and effective human-robot collaboration.
"Handling applications to capture largest share of collaborative robot market throughout forecast period"
The handling application segment of the collaborative robot market is experiencing growth due to the high demand for material handling, picking and placing, packing, and palletizing functions. Collaborative robots, or cobots, are ideal for these applications because they offer precision, repeatability, and the ability to work safely alongside humans. Logistics, electronics, and automotive industries increasingly adopt cobots to enhance workflow efficiency. Their flexibility and ease of integration are key factors driving the growth of this segment.
"China to hold largest share of Asia Pacific collaborative robot market in 2030"
The collaborative robot market in China is driven by its strong manufacturing base and aggressive push toward industrial automation. The country's leadership in sectors such as electronics, automotive, and consumer goods creates substantial demand for flexible automation solutions. Cobots are particularly well-suited for China's dynamic production environments due to their ease of deployment, cost efficiency, and ability to work safely alongside humans. Moreover, government initiatives such as "Made in China 2025" further accelerate smart factory development and cobot adoption. Additionally, government initiatives such as "Made in China 2025" continue to accelerate smart factory development, and therefore the acceptance of cobots.
Extensive primary interviews were conducted with key industry experts in the collaborative robot market space to determine and verify the market size for various segments and subsegments gathered through secondary research. The breakup of primary participants for the report is shown below: The study contains insights from various industry experts, from component suppliers to Tier 1 companies and OEMs. The breakup of the primaries is as follows:
By Company Type: Tier 1 - 40%, Tier 2 - 35%, and Tier 3 - 25%
By Designation: C-level Executives - 45%, Directors - 35%, and Others - 20%
By Region: North America - 30%, Europe - 22%, Asia Pacific - 40%, and RoW - 8%
Note: Three tiers of companies are defined based on their total revenue as of 2024; tier 1: revenue more than or equal to USD 500 million, tier 2: revenue between USD 100 million and USD 500 million, and tier 3: revenue less than or equal to USD 100 million. Other designations include sales and marketing executives, researchers, and members of various collaborative robot organizations.
Universal Robots A/S (Denmark), FANUC CORPORATION (Japan), ABB (Switzerland), TECHMAN ROBOT INC. (Taiwan), AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD (China), KUKA AG (Germany), Doosan Robotics Inc. (South Korea), DENSO CORPORATION (Japan), YASKAWA ELECTRIC CORPORATION (Japan), Rethink Robotics (US), SIASUN Robot & Automation CO., Ltd (China), Franka Robotics GmbH (Germany), Comau S.p.A. (Italy), F&P Robotics AG (Switzerland), Staubli International AG. (Switzerland), Bosch Rexroth AG (Germany), Productive Robotics LLC (US), NEURA Robotics GmbH (Germany), ElephantRobotics (China), Elite Robots (China), Niryo (France), Hanwha Group (South Korea), Omron Corporation (US), and MIP robotics (France) are some key players in the collaborative robot market.
The study includes an in-depth competitive analysis of these key players in the collaborative robot market, with their company profiles, recent developments, and key market strategies.
Study Coverage: This research report categorizes the collaborative robot market based on payload (less than 5 kg, 5-10 kg, 11-25 kg, more than 25 kg), component (hardware, software), application (handling, welding & soldering, assembling & disassembling, dispensing, processing, other applications), industry (automotive, electronics, metals & machining, plastics & polymers, food & beverages, furniture & equipment, healthcare, logistics, other industries), and region (North America, Europe, Asia Pacific and RoW). The report describes the major drivers, restraints, challenges, and opportunities pertaining to the collaborative robot market and forecasts the same till 2030. The report also consists of leadership mapping and analysis of all the companies included in the collaborative robot ecosystem.
Key Benefits of Buying the Report The report will help the market leaders/new entrants in this market by providing information on the closest approximations of the revenue numbers for the overall collaborative robot market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
Analysis of key drivers (higher return on investment than traditional industrial robotic systems, increased demand in e-commerce and logistics sectors, significant benefits in businesses of all sizes, and easy programming of cobots) restraints (higher preference for low-payload-capacity robots in heavy-duty industrial applications), opportunities (increasing focus of automation experts on pairing robotic arms with mobile platforms, growing number of subscriptions for Robotics-as-a-Service model, rising demand for automation in healthcare industry), and challenges (payload and speed limitations due to inherently designed cobots, difficulties in adapting to new standards and cybersecurity challenges related to connected robots) influencing the growth of the collaborative robot market
Product Development/Innovation: Detailed insights into upcoming technologies, research and development activities, and the latest product and service launches in the collaborative robot market
Market Development: Comprehensive information about lucrative markets - the report analyzes the collaborative robot market across varied regions
Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the collaborative robot market
Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players, such as Universal Robots A/S (Denmark), FANUC CORPORATION (Japan), ABB (Switzerland), TECHMAN ROBOT INC. (Taiwan), AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD (China) in the collaborative robot market
TABLE OF CONTENTS
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED AND REGIONAL SCOPE
1.3.2 INCLUSIONS AND EXCLUSIONS
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 List of key secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 List of primary interview participants
2.1.2.2 Key data from primary sources
2.1.2.3 Key industry insights
2.1.2.4 Breakdown of primary interviews
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to capture market size using bottom-up analysis (demand side)
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to capture market size using top-down analysis (supply side)
2.3 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.4.1 ASSUMPTIONS
2.5 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN COLLABORATIVE ROBOT MARKET
4.2 COLLABORATIVE ROBOT MARKET, BY PAYLOAD
4.3 COLLABORATIVE ROBOT MARKET, BY APPLICATION
4.4 COLLABORATIVE ROBOT MARKET, BY INDUSTRY
4.5 COLLABORATIVE ROBOT MARKET, BY COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Higher return on investment than traditional industrial robotic systems
5.2.1.2 Increased demand in e-commerce and logistics sectors
5.2.1.3 Significant benefits for businesses of all sizes
5.2.1.4 Easy programming of cobots
5.2.2 RESTRAINTS
5.2.2.1 Higher preference for low-payload-capacity robots in heavy-duty industrial applications
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing focus of automation experts on pairing robotic arms with mobile platforms
5.2.3.2 Growing number of subscriptions for Robotics-as-a-Service model
5.2.3.3 Rising demand for automation in healthcare industry
5.2.4 CHALLENGES
5.2.4.1 Inherent payload and speed limitations
5.2.4.2 Difficulties in adapting to new standards and cybersecurity challenges related to connected robots
6 MARKET OVERVIEW
6.1 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
6.2 PRICING ANALYSIS
6.2.1 AVERAGE SELLING PRICE OF COLLABORATIVE ROBOTS OFFERED BY KEY PLAYERS, BY PAYLOAD
6.2.2 AVERAGE SELLING PRICE TREND, BY REGION
6.3 VALUE CHAIN ANALYSIS
6.4 ECOSYSTEM ANALYSIS
6.5 TECHNOLOGY ANALYSIS
6.5.1 KEY TECHNOLOGIES
6.5.1.1 Integration of embedded vision with collaborative robots
6.5.1.2 Pairing of collaborative robots with mobile platforms
6.5.2 COMPLEMENTARY TECHNOLOGIES
6.5.2.1 Penetration of IIoT and AI in industrial manufacturing
6.5.2.2 Adoption of innovative grippers in robotics manipulation
6.5.3 ADJACENT TECHNOLOGIES
6.5.3.1 Penetration of 5G in industrial manufacturing
6.6 PATENT ANALYSIS
6.7 TRADE ANALYSIS
6.7.1 IMPORT SCENARIO (HS CODE 847950)
6.7.2 EXPORT SCENARIO (HS CODE 847950)
6.8 KEY CONFERENCES AND EVENTS, 2025-2026
6.9 CASE STUDY ANALYSIS
6.9.1 SEAT COMPONENTS - STREAMLINING GEARBOX MANUFACTURING WITH COLLABORATIVE ROBOTS