Automation Market Robotic

Global Collaborative Robot (Cobot) Sales Market Report 2023

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As a kind of robot designed to interact with humans at close range in a common working space, collaborative robots can make robots and humans work together on the production line, so that robots can completely get rid of the shackles of guardrails or cages, and give full play to the robot’s Efficiency and human intelligence. This kind of machine can balance the necessity of safety with the demand for flexible productivity.

Market Global Reports has released a new market study on the Global Collaborative Robot (Cobot) Sales Market Report 2023

Due to the COVID-19 pandemic, the global Collaborative Robot (Cobot) market size is estimated to be worth US$ 771 million in 2022 and is forecast to a readjusted size of US$ 1682 million by 2029 with a CAGR of 11.7% during the forecast period 2023-2029.

Asia-Pacific is the largest market with about 54% market share. Europe is follower, accounting for about 29% market share.

The key players are Universal Robots, ABB, Rethink Robotics, Kawasaki, KUKA, FANUC etc. Top 3 companies occupied about 74% market share.

Global Collaborative Robot (Cobot) Scope and Market Size

The global Collaborative Robot (Cobot) market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Collaborative Robot (Cobot) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.

Segment by Type

  • Below 5 kg
  • 5-10 kg
  • More Than 10 kg

Segment by Application

  • Automobile
  • IT
  • Metal and Processing
  • Plastics and Polymers
  • Food and Beverage
  • Others

By Region

  • United States
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India
  • Other Regions

By Company

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