Collaborative Robots Market
Collaborative Robots Market - Global Industry Assessment & Forecast
Segments Covered
- By Component Hardware, Software
- By Payload Up to 5 Kg, 5-10 Kg, Above 10 Kg
- By Application Handling, Welding and Soldering, Assembling & Disassembling, Dispensing, Processing, Others (Inspection and Quality testing, and Die-casting and Molding.)
- By Industry Automotive, Electronics, Metals & Machining, Plastics and Polymers, Food and Beverages, Furniture and Equipment, Healthcare, Others (Scientific Research, Logistics, Education, Consumer goods, and Die cast and Foundry)
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 1676.98 Million |
Revenue 2030: | USD 28673.91 Million |
Revenue CAGR (2023 - 2030): | 42.60% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Collaborative Robots Market by Component by Payload by Application by Industry - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
At the later stage, the primary research is conducted to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills the following data requirements:
- Overall Collaborative Robots market size and regional/segmental trends
- Company market share and competitive scenario
- Validate and authorization of secondary research outcomes and findings
- Further data collection and expertise development & market understandings
Data Triangulation and Market Size Estimations
Top-down and bottom-up approaches are used to validate and estimate the market size of the Collaborative Robots market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. The data was triangulated by employing various data models and statistical techniques to arrive at exact statics and market size for each segment/sub-segment of the market.
FAQ
Frequently Asked Question
What is the global demand for Collaborative Robots in terms of revenue?
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The global Collaborative Robots valued at USD 1676.98 Million in 2022 and is expected to reach USD 28673.91 Million in 2030 growing at a CAGR of 42.60%.
Which are the prominent players in the market?
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The prominent players in the market are Universal Robots (Denmark), FANUC (Japan), ABB (Switzerland), Techman Robot (Taiwan), KUKA (Germany), Doosan Robotics (South Korea), Denso (Japan), YASKAWA (Japan), Precise Automation (US), Rethink Robotics (US), MABI Robotic (Switzerland), FrankaEmika (Germany), Comau (Italy), F&P Robotics (Switzerland), Stäubli (Switzerland), Bosch Rexroth (Germany), Productive Robotics (US), Wyzo (Switzerland), Neura Robotics (Germany), Elephant Robotics (China), ELITE ROBOT (China), Kassow Robots (Denmark), SIASUN (China), MIP Robotics (France) and Hanwha Corporation (South Korea)..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 42.60% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Collaborative Robots include
- Adoption of robotics in small and Medium Enterprises (SMEs) and investments in automation of manufacturing processes
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Collaborative Robots in 2022.