Global Collaborative Robot (Cobot) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Payload;

Up To 5 Kg, Between 5 & 10 Kg, and More Than 10 Kg.

By Component;

Hardware Robotic Arm, End Effector Drives, Controllers, Sensors, Power Supply, Motors, and Others.

By Application;

Handling Pick & Place, Material Handling, Packaging & Palletizing, Assembling & Disassembling Screwdriving and, Welding & Soldering, Painting, Grinding, Milling & Cutting, and Others.

By Industry;

Automotive, Electronics, Metals & Machining, Plastics & Polymers, Food & Beverages, Furniture & Equipment, Healthcare, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn105680998 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Collaborative Robot (Cobot) Market (USD Million), 2021 - 2031

In the year 2024, the Global Collaborative Robot (Cobot) Market was valued at USD 2,392.58 million. The size of this market is expected to increase to USD 16,530.07 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 31.8%.

The Global Collaborative Robot (Cobot) Market has been experiencing significant growth in recent years, driven by advancements in automation technology and the need for flexible and adaptable manufacturing solutions. Collaborative robots, or cobots, are designed to work alongside humans in a shared workspace, enhancing productivity, efficiency, and safety in various industries.

One of the key drivers of the cobot market is the increasing demand for automation in industries such as automotive, electronics, healthcare, and consumer goods. Cobots offer a cost-effective solution for tasks that require precision, repeatability, and human-like dexterity, making them ideal for a wide range of applications.

Advancements in artificial intelligence (AI) and machine learning have enabled cobots to become more intelligent and capable of performing complex tasks autonomously. This has further fueled their adoption across different sectors, as companies seek to streamline their operations and stay competitive in today's fast-paced business environment.

The collaborative nature of cobots makes them easy to integrate into existing workflows without the need for extensive safety measures or redesigning of the workspace. This not only reduces implementation costs but also minimizes disruption to ongoing operations, making cobots a practical choice for businesses looking to improve their manufacturing processes.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Payload
    2. Market Snapshot, By Component
    3. Market Snapshot, By Application
    4. Market Snapshot, By Industry
    5. Market Snapshot, By Region
  4. Global Collaborative Robot (Cobot) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Automation Demand
        2. Flexibility
        3. Adaptability
        4. Productivity
        5. Efficiency
      2. Restraints
        1. Initial Cost
        2. Complexity
        3. Technical Limitations
        4. Safety Concerns
        5. Integration Challenges
      3. Opportunities
        1. Market Expansion
        2. Industry-Specific Applications
        3. Emerging Markets
        4. Technological Advancements
        5. Customization
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Collaborative Robot (Cobot) Market, By Payload, 2021 - 2031 (USD Million)
      1. Up To 5 Kg
      2. Between 5 & 10 Kg
      3. More Than 10 Kg
    2. Global Collaborative Robot (Cobot) Market, By Component, 2021 - 2031 (USD Million)
      1. Hardware Robotic Arm
      2. End Effector Drives, Controllers
      3. Sensors
      4. Power Supply
      5. Motors
      6. Others
    3. Global Collaborative Robot (Cobot) Market, By Application, 2021 - 2031 (USD Million)
      1. Handling Pick & Place
      2. Material Handling
      3. Packaging & Palletizing
      4. Assembling & Disassembling Screwdriving
      5. Welding & Soldering
      6. Painting
      7. Grinding
      8. Milling & Cutting
      9. Others
    4. Global Collaborative Robot (Cobot) Market, By Industry, 2021 - 2031 (USD Million)
      1. Automotive
      2. Electronics
      3. Metals & Machining
      4. Plastics & Polymers
      5. Food & Beverages
      6. Furniture & Equipment
      7. Healthcare
      8. Others
    5. Global Collaborative Robot (Cobot) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Universal Robots
      2. Techman Robot
      3. Fanuc
      4. Kuka
      5. Doosan Robotics
      6. Aubo Robotics
      7. Abb
      8. Yaskawa
      9. Precise Automation
      10. Rethink Robotics
      11. Mabi Robotic
  7. Analyst Views
  8. Future Outlook of the Market