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Global Collaborative Robot Market Size study, by Payload Capacity (Up to 5kg, Up to 10kg and Above 10kg), by Application (Assembly, Pick & Place, Handling, Packaging, Quality Testing, Machine Tending, Gluing & Welding and Others), by Vertical (Automotive, Food & Beverage, Furniture & Equipment, Plastic & Polymers, Metal & Machinery, Electronics, Pharma and Others), and Regional Forecasts 2021-2027

October 2021 | 200 pages | ID: G9C72D7EDE8EN
Bizwit Research & Consulting LLP

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Global Collaborative Robot Market is valued approximately at USD 0.84 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 43.40% over the forecast period 2021-2027. Collaborative robots are used in direct collaboration with humans to accomplish various tasks. Rising automation in manufacturing facilities, labor shortage across various sectors and new product launches, keeping in mind need of different sectors are fueling demand for collaborative robots in the market. According to Statista, spending on robotics process automation worldwide increased from USD 2.9 billion in 2019 to USD 4 billion in 2020. Furthermore, technological advancements and growing demand for tasks requiring higher payload capacity are likely to inject growth during forecast period. In February 2021, ABB launched new GoFa™ and SWIFTI™ cobot families, offering higher payloads and speeds to complement YuMi® and Single Arm YuMi® in ABB’s collaborative robot line-up. However, requirement of skilled labor coupled with high initial investment may hinder the growth in coming years.

Europe is leading the global market is terms of revenue among Asia Pacific, North America, Europe, Latin America, and Rest of the World, owing to growing application of collaborative robots in industries such as logistics, electronics and others. Whereas, Asia Pacific is expected to witness highest growth rate during forecast period, due to growing investment by private players in setting up manufacturing facilities.
Major market player included in this report are:

Universal Robots A/S
Fanuc Corporation
TechMan Robot Inc.
Rethink Robotics GmbH
AUBO Robotics USA
Hanwha Corporation
MIP Robotics
Kassow Robots
Neura Robotics
Productive Robotics

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Payload Capacity:
Up to 5kg
Up to 10kg
Above 10kg
By Application:
Assembly
Pick & Place
Handling
Packaging
Quality Testing
Machine Tending
Gluing & Welding
Others
By Vertical:
Automotive
Food & Beverage
Furniture & Equipment
Plastic & Polymers
Metal & Machinery
Electronics
Pharma
Others


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Collaborative Robot Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
  1.2.1. Collaborative Robot Market, by region, 2019-2027 (USD Billion)
  1.2.2. Collaborative Robot Market, by Payload Capacity, 2019-2027 (USD Billion)
  1.2.3. Collaborative Robot Market, by Application, 2019-2027 (USD Billion)
  1.2.4. Collaborative Robot Market, by Vertical, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL COLLABORATIVE ROBOT MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL COLLABORATIVE ROBOT MARKET DYNAMICS

3.1. Collaborative Robot Market Impact Analysis (2019-2027)
  3.1.1. Market Drivers
    3.1.1.1. Growing automation in manufacturing facilities
    3.1.1.2. New product launches
  3.1.2. Market Restraint
    3.1.2.1. High initial investment
    3.1.2.2. Requirement of skilled professionals
  3.1.3. Market Opportunities
    3.1.3.1. Technological advancements
    3.1.3.2. Growing demand for tasks requiring higher payload capacity

CHAPTER 4. GLOBAL COLLABORATIVE ROBOT MARKET: INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economic
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL COLLABORATIVE ROBOT MARKET, BY PAYLOAD CAPACITY

5.1. Market Snapshot
5.2. Global Collaborative Robot Market by Payload Capacity, Performance - Potential Analysis
5.3. Global Collaborative Robot Market Estimates & Forecasts by Payload Capacity 2018-2027 (USD Billion)
5.4. Collaborative Robot Market, Sub Segment Analysis
  5.4.1. Up to 5kg
  5.4.2. Up to 10kg
  5.4.3. Above 10kg

CHAPTER 6. GLOBAL COLLABORATIVE ROBOT MARKET, BY APPLICATION

a. Market Snapshot
6.1. Global Collaborative Robot Market by Application, Performance - Potential Analysis
6.2. Global Collaborative Robot Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
6.3. Collaborative Robot Market, Sub Segment Analysis
  6.3.1. Assembly
  6.3.2. Pick & Place
  6.3.3. Handling
  6.3.4. Packaging
  6.3.5. Quality Testing
  6.3.6. Machine Tending
  6.3.7. Gluing & Welding
  6.3.8. Others

CHAPTER 7. GLOBAL COLLABORATIVE ROBOT MARKET, BY VERTICAL

b. Market Snapshot
7.1. Global Collaborative Robot Market by Vertical, Performance - Potential Analysis
7.2. Global Collaborative Robot Market Estimates & Forecasts by Vertical 2018-2027 (USD Billion)
7.3. Collaborative Robot Market, Sub Segment Analysis
  7.3.1. Automotive
  7.3.2. Food & Beverage
  7.3.3. Furniture & Equipment
  7.3.4. Plastic & Polymers
  7.3.5. Metal & Machinery
  7.3.6. Electronics
  7.3.7. Pharma
  7.3.8. Others

CHAPTER 8. GLOBAL COLLABORATIVE ROBOT MARKET, REGIONAL ANALYSIS

8.1. Collaborative Robot Market, Regional Market Snapshot
8.2. North America Collaborative Robot Market
  8.2.1. U.S. Collaborative Robot Market
    8.2.1.1. Payload Capacity breakdown estimates & forecasts, 2018-2027
    8.2.1.2. Application breakdown estimates & forecasts, 2018-2027
    8.2.1.3. Vertical breakdown estimates & forecasts, 2018-2027
  8.2.2. Canada Collaborative Robot Market
8.3. Europe Collaborative Robot Market Snapshot
  8.3.1. U.K. Collaborative Robot Market
  8.3.2. Germany Collaborative Robot Market
  8.3.3. France Collaborative Robot Market
  8.3.4. Spain Collaborative Robot Market
  8.3.5. Italy Collaborative Robot Market
  8.3.6. Rest of Europe Collaborative Robot Market
8.4. Asia-Pacific Collaborative Robot Market Snapshot
  8.4.1. China Collaborative Robot Market
  8.4.2. India Collaborative Robot Market
  8.4.3. Japan Collaborative Robot Market
  8.4.4. Australia Collaborative Robot Market
  8.4.5. South Korea Collaborative Robot Market
  8.4.6. Rest of Asia Pacific Collaborative Robot Market
8.5. Latin America Collaborative Robot Market Snapshot
  8.5.1. Brazil Collaborative Robot Market
  8.5.2. Mexico Collaborative Robot Market
8.6. Rest of The World Collaborative Robot Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Top Market Strategies
9.2. Company Profiles
  9.2.1. Universal Robots A/S
    9.2.1.1. Key Information
    9.2.1.2. Overview
    9.2.1.3. Financial (Subject to Data Availability)
    9.2.1.4. Product Summary
    9.2.1.5. Recent Developments
  9.2.2. Fanuc Corporation
  9.2.3. TechMan Robot Inc.
  9.2.4. Rethink Robotics GmbH
  9.2.5. AUBO Robotics USA
  9.2.6. Hanwha Corporation
  9.2.7. MIP Robotics
  9.2.8. Kassow Robots
  9.2.9. Neura Robotics
  9.2.10. Productive Robotics

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 2. Global Collaborative Robot Market, report scope
TABLE 3. Global Collaborative Robot Market Estimates & forecasts by region 2018-2027 (USD Billion)
TABLE 4. Global Collaborative Robot Market Estimates & forecasts by Payload Capacity 2018-2027 (USD Billion)
TABLE 5. Global Collaborative Robot Market Estimates & forecasts by Application 2018-2027 (USD Billion)
TABLE 6. Global Collaborative Robot Market Estimates & forecasts by Vertical 2018-2027 (USD Billion)
TABLE 7. Global Collaborative Robot Market bysegment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 8. Global Collaborative Robot Market byregion, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 9. Global Collaborative Robot Market bysegment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 10. Global Collaborative Robot Market byregion, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 11. Global Collaborative Robot Market bysegment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 12. Global Collaborative Robot Market byregion, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 13. Global Collaborative Robot Market bysegment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 14. Global Collaborative Robot Market byregion, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 15. Global Collaborative Robot Market bysegment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 16. Global Collaborative Robot Market byregion, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 17. Global Collaborative Robot Market bysegment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 18. Global Collaborative Robot Market byregion, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 19. Global Collaborative Robot Market bysegment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 20. Global Collaborative Robot Market byregion, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 21. Global Collaborative Robot Market bysegment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 22. Global Collaborative Robot Market byregion, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 23. U.S. Collaborative Robot Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 24. U.S. Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 25. U.S. Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 26. Canada Collaborative Robot Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 27. Canada Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 28. Canada Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 29. UK Collaborative Robot Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 30. UK Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 31. UK Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 32. Germany Collaborative Robot Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 33. Germany Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 34. Germany Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 35. France Collaborative Robot Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 36. France Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 37. France Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 38. Spain Collaborative Robot Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 39. Spain Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 40. Spain Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 41. Italy Collaborative Robot Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 42. Italy Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 43. Italy Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 44. ROE Collaborative Robot Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 45. ROE Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 46. ROE Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 47. China Collaborative Robot Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 48. China Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 49. China Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 50. India Collaborative Robot Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 51. India Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 52. India Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 53. Japan Collaborative Robot Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 54. Japan Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 55. Japan Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 56. Australia Collaborative Robot Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 57. Australia Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 58. Australia Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 59. South Korea Collaborative Robot Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 60. South Korea Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 61. South Korea Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 62. ROPAC Collaborative Robot Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 63. ROPAC Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 64. ROPAC Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 65. Brazil Collaborative Robot Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 66. Brazil Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 67. Brazil Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 68. Mexico Collaborative Robot Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 69. Mexico Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 70. Mexico Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 71. ROLA Collaborative Robot Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 72. ROLA Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 73. ROLA Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 74. ROW Collaborative Robot Market Estimates & forecasts, 2018-2027 (USD Billion)
TABLE 75. ROW Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 76. ROW Collaborative Robot Market Estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 77. List of secondary sources used in the study of global Collaborative Robot Market .
TABLE 78. List of primary sources used in the study of global Collaborative Robot Market .
TABLE 79. Years considered for the study.
TABLE 80. Exchange rates considered.

LIST OF FIGURES

FIG 1. Global Collaborative Robot Market, research methodology
FIG 2. Global Collaborative Robot Market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Collaborative Robot Market, key trends 2020
FIG 5. Global Collaborative Robot Market, growth prospects 2021-2027
FIG 6. Global Collaborative Robot Market, porters 5 force model
FIG 7. Global Collaborative Robot Market, pest analysis
FIG 8. Global Collaborative Robot Market, value chain analysis
FIG 9. Global Collaborative Robot Market bysegment, 2018 & 2027 (USD Billion)
FIG 10. Global Collaborative Robot Market bysegment, 2018 & 2027 (USD Billion)
FIG 11. Global Collaborative Robot Market bysegment, 2018 & 2027 (USD Billion)
FIG 12. Global Collaborative Robot Market bysegment, 2018 & 2027 (USD Billion)
FIG 13. Global Collaborative Robot Market bysegment, 2018 & 2027 (USD Billion)
FIG 14. Global Collaborative Robot Market bysegment, 2018 & 2027 (USD Billion)
FIG 15. Global Collaborative Robot Market bysegment, 2018 & 2027 (USD Billion)
FIG 16. Global Collaborative Robot Market bysegment, 2018 & 2027 (USD Billion)
FIG 17. Global Collaborative Robot Market, regional snapshot 2018 & 2027
FIG 18. North America Collaborative Robot Market 2018 & 2027 (USD Billion)
FIG 19. Europe Collaborative Robot Market 2018 & 2027 (USD Billion)
FIG 20. Asia-Pacific Collaborative Robot Market 2018 & 2027 (USD Billion)
FIG 21. Latin America Collaborative Robot Market 2018 & 2027 (USD Billion)
FIG 22. Global Collaborative Robot Market, company market share analysis (2020)


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