Global Cobots Market By Payload (upto 5 Kg, upto 10 Kg and above 10 kg.); By application (assembly, pick and place, handling, packaging, quality testing, machine tending, gluing and welding, and others); and Region –Analysis of Market Size, Share & Trends for 2016 – 2019 and Forecasts to 2030
Market overview
Cobots, or collaborative robots, are designed to aid human beings for specific tasks, which are highly complex in nature and require high precision. These robots work in a close association with humans. The robots can observe any unusual activity in their surroundings and can cooperate with humans without physical separation. Smaller, smarter, flexibility, and user-friendly are some attributes that make cobots more attractive to be used in factories and industries. Due to several benefits like increased productivity and better employee utilization, collaborative robots are increasingly being used in different applications. Collaborative robots (cobots) reduce the total production costs and allow the fast return of investment.
Market Highlights
Fatpos Global anticipates the Cobots market to surpass USD XX Billion by 2030, which is valued at XX billion in 2019 at a compound annual growth rate of XX%. The co-operating robot or cobot is designed physically to communicate with people in a common workspace. The growth driving force for growth is the growing acceptance in small and medium businesses (SMEs) and investment in manufacturing automation is expected to fuel the market growth. The introduction of robotics in areas such as the manufacturing of smart parts and the production of goods in the electronics industry further boosts the demand.
Source: Fatpos Global
Recent Highlights in Global Cobots market
In 2018, KUKA AG through the KUKA Robotics Korea Co subsidiary. Ltd. had a strategic collaboration with Hyundai Robotics – a Hyundai Heavy Industries Holdings Robotics Group. The relationship has helped Korean countries extend their product range.
In January 2019, the new TM Collaborative Robot with repetitive task automation functionality was launched by Omron Automation Americas and it featured a manual teaching function that provides the managers with manually training the robot instead of manual software.
In July 2019, The Authorized Training Centers (ATCs) software was launched by Universal Robot for cobot training courses.
Global Cobots Market: Segments
Global market has been segmented on the basis of payload, application type. It has been further segmented on the basis of region into North America, Europe, Asia-Pacific, Mid East, and Africa.
By payload (in %), Global Cobots Market, 2019
The up to 5kg segment is anticipated to register XX% of the volume share and is expected to grow at the highest CAGR.
Global Cobots Market is segmented by payload into up to 5 Kg, up to 10 Kg, and above 10 kg.
The versatility, lightweight, and capability of the system to optimize collaborative processes of low weight, including positioning, selection, and testing is driving the market growth of this segment.
Because of their ability to handle larger tasks that require precision, reliability, and coordination with heavier weight processes, Cobots with a capacity of over 10 kg are expected to see substantial growth.
By Application (in %), Global Cobots Market, 2019
Assembly application accounted for XX% of Global volume in 2019 and is anticipated to grow at the highest CAGR because of the ability to blend repetitive and basic tasks along with more complicated assembly procedures.
Global Cobots market is segmented by Application: assembly, pick and place, handling, packaging, quality testing, machine tending, gluing and welding, and others
Workers are also at risk of contamination while employed in industries like food & drink, healthcare and are not only susceptible to errors or injury. Machine tending requires workers to stand alongside a CNC or injection molding machine for long hours. Collaborative robots can automate a computer tending process without supervision over the course of hours and increase productivity.
Source: Fatpos Global
Global Cobots Market: Drivers and Restraints
Drivers
User-Friendly Application Implementing advanced robotic systems and the attributes of such technologies as user-friendliness and security are some of the drivers of global cobots development.
Application in heavy payload
The growing demand is expected to lead to increasing demand for work requiring higher efficiency. In an uncaged environment, the ability of robots to work efficiently with the staff has led to increased industrial installations. The co-robots are designed to avoid employee injury using advanced sensors, software, and Arm End Tooling (EOATs).
Restraints
High initial investment and rigorous training program
The main restrictions on the market are the strong initial investment in solutions and the rigorous training program for employees to interact with these robots, which require a considerable time and investment and lead to reduced company adoption.
Global Cobots Market: Regions
Europe was the largest market accounting for XX% of total market volume share in 2019
The huge application of cobots in various vertical components, such as electronics, logistics, and inspections, is attributed to regional growth. In addition, a range of benefits can be extracted from regional growth in cobot technology, such as an increase in cooperation and productive solutions for manufacture optimization offered by workplace automation.
Asia Pacific: China, Japan, India, and Rest of Asia Pacific
Europe: Germany, the UK, France, and Rest of Europe
North America: The US, Mexico, and Canada
Latin America: Brazil and Rest of Latin America
Middle East & Africa: GCC Countries and Rest of Middle East & Africa
Source: Fatpos Global
Global Cobots market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y
Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y
Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth,
CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium,
Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia,
Turkey and Rest of Europe
APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth,
CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New
Zealand, Australia and Rest of APAC
MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth,
CAGR – North Africa, Israel, GCC, South Africa
Global Cobots Market: Key Players
ABB Group
Company Overview
Business Strategy
Key Product Offerings
Financial Performance
Key Performance Indicators
Risk Analysis
Recent Development
Regional Presence
SWOT Analysis
EPSON Robots
F&P Robotics AG
KUKA AG
Precise Automation
Robert Bosch GmbH
Yaskawa Electric Corporation
Techman Robot by Quanta Storage
DENSO Robotics
Inc.; Franka Emika GmbH
Comau S.p.A
Energid Technologies Corporation
Fanuc Corporation
MRK-Systeme GmbH
Global Cobots Market report also contains analysis on:
Cobots Market Segments:
By Payload:
up to 5 Kg
up to 10 Kg
above 10 kg
By Application:
Assembly
pick and place
packaging
handling
quality testing
machine tending
gluing and welding
Others
Global Cobots Market Dynamics
Global Cobots Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
FAQs on Global Cobots Market
Which segment is anticipated to hold the largest market share?
At what CAGR is the market anticipated to grow between 2020 and 2030?
Who are the key players in the global Cobots market?
What could be the challenging factors for the growth of the Cobots market?
What are the growth drivers for the Cobots market?
Cobots, or collaborative robots, are designed to aid human beings for specific tasks, which are highly complex in nature and require high precision. These robots work in a close association with humans. The robots can observe any unusual activity in their surroundings and can cooperate with humans without physical separation. Smaller, smarter, flexibility, and user-friendly are some attributes that make cobots more attractive to be used in factories and industries. Due to several benefits like increased productivity and better employee utilization, collaborative robots are increasingly being used in different applications. Collaborative robots (cobots) reduce the total production costs and allow the fast return of investment.
Market Highlights
Fatpos Global anticipates the Cobots market to surpass USD XX Billion by 2030, which is valued at XX billion in 2019 at a compound annual growth rate of XX%. The co-operating robot or cobot is designed physically to communicate with people in a common workspace. The growth driving force for growth is the growing acceptance in small and medium businesses (SMEs) and investment in manufacturing automation is expected to fuel the market growth. The introduction of robotics in areas such as the manufacturing of smart parts and the production of goods in the electronics industry further boosts the demand.
Source: Fatpos Global
Recent Highlights in Global Cobots market
In 2018, KUKA AG through the KUKA Robotics Korea Co subsidiary. Ltd. had a strategic collaboration with Hyundai Robotics – a Hyundai Heavy Industries Holdings Robotics Group. The relationship has helped Korean countries extend their product range.
In January 2019, the new TM Collaborative Robot with repetitive task automation functionality was launched by Omron Automation Americas and it featured a manual teaching function that provides the managers with manually training the robot instead of manual software.
In July 2019, The Authorized Training Centers (ATCs) software was launched by Universal Robot for cobot training courses.
Global Cobots Market: Segments
Global market has been segmented on the basis of payload, application type. It has been further segmented on the basis of region into North America, Europe, Asia-Pacific, Mid East, and Africa.
By payload (in %), Global Cobots Market, 2019
The up to 5kg segment is anticipated to register XX% of the volume share and is expected to grow at the highest CAGR.
Global Cobots Market is segmented by payload into up to 5 Kg, up to 10 Kg, and above 10 kg.
The versatility, lightweight, and capability of the system to optimize collaborative processes of low weight, including positioning, selection, and testing is driving the market growth of this segment.
Because of their ability to handle larger tasks that require precision, reliability, and coordination with heavier weight processes, Cobots with a capacity of over 10 kg are expected to see substantial growth.
By Application (in %), Global Cobots Market, 2019
Assembly application accounted for XX% of Global volume in 2019 and is anticipated to grow at the highest CAGR because of the ability to blend repetitive and basic tasks along with more complicated assembly procedures.
Global Cobots market is segmented by Application: assembly, pick and place, handling, packaging, quality testing, machine tending, gluing and welding, and others
Workers are also at risk of contamination while employed in industries like food & drink, healthcare and are not only susceptible to errors or injury. Machine tending requires workers to stand alongside a CNC or injection molding machine for long hours. Collaborative robots can automate a computer tending process without supervision over the course of hours and increase productivity.
Source: Fatpos Global
Global Cobots Market: Drivers and Restraints
Drivers
User-Friendly Application Implementing advanced robotic systems and the attributes of such technologies as user-friendliness and security are some of the drivers of global cobots development.
Application in heavy payload
The growing demand is expected to lead to increasing demand for work requiring higher efficiency. In an uncaged environment, the ability of robots to work efficiently with the staff has led to increased industrial installations. The co-robots are designed to avoid employee injury using advanced sensors, software, and Arm End Tooling (EOATs).
Restraints
High initial investment and rigorous training program
The main restrictions on the market are the strong initial investment in solutions and the rigorous training program for employees to interact with these robots, which require a considerable time and investment and lead to reduced company adoption.
Global Cobots Market: Regions
Europe was the largest market accounting for XX% of total market volume share in 2019
The huge application of cobots in various vertical components, such as electronics, logistics, and inspections, is attributed to regional growth. In addition, a range of benefits can be extracted from regional growth in cobot technology, such as an increase in cooperation and productive solutions for manufacture optimization offered by workplace automation.
Asia Pacific: China, Japan, India, and Rest of Asia Pacific
Europe: Germany, the UK, France, and Rest of Europe
North America: The US, Mexico, and Canada
Latin America: Brazil and Rest of Latin America
Middle East & Africa: GCC Countries and Rest of Middle East & Africa
Source: Fatpos Global
Global Cobots market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y
Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y
Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth,
CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium,
Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia,
Turkey and Rest of Europe
APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth,
CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New
Zealand, Australia and Rest of APAC
MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth,
CAGR – North Africa, Israel, GCC, South Africa
Global Cobots Market: Key Players
ABB Group
Company Overview
Business Strategy
Key Product Offerings
Financial Performance
Key Performance Indicators
Risk Analysis
Recent Development
Regional Presence
SWOT Analysis
EPSON Robots
F&P Robotics AG
KUKA AG
Precise Automation
Robert Bosch GmbH
Yaskawa Electric Corporation
Techman Robot by Quanta Storage
DENSO Robotics
Inc.; Franka Emika GmbH
Comau S.p.A
Energid Technologies Corporation
Fanuc Corporation
MRK-Systeme GmbH
Global Cobots Market report also contains analysis on:
Cobots Market Segments:
By Payload:
up to 5 Kg
up to 10 Kg
above 10 kg
By Application:
Assembly
pick and place
packaging
handling
quality testing
machine tending
gluing and welding
Others
Global Cobots Market Dynamics
Global Cobots Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
FAQs on Global Cobots Market
Which segment is anticipated to hold the largest market share?
At what CAGR is the market anticipated to grow between 2020 and 2030?
Who are the key players in the global Cobots market?
What could be the challenging factors for the growth of the Cobots market?
What are the growth drivers for the Cobots market?
1. EXECUTIVE SUMMARY
2. COBOTS
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MARKET DYNAMICS
5.1. Growth Drivers
5.2. Restraints
5.3. Opportunity
5.4. Trends
6. CORRELATION & REGRESSION ANALYSIS
6.1. Correlation Matrix
6.2. Regression Matrix
7. RECENT DEVELOPMENT, POLICIES®ULATORY LANDSCAPE
8. RISK ANALYSIS
8.1. Demand Risk Analysis
8.2. Supply Risk Analysis
9. COBOTS INDUSTRY ANALYSIS
9.1. Porters Five Forces
9.1.1. The threat of New Entrants
9.1.2. Bargaining Power of Suppliers
9.1.3. Threat of Substitutes
9.1.4. Rivalry
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10. GLOBAL COBOTS MARKET
10.1. Market Size & forecast, 2019A-2030F
10.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
10.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11. GLOBAL COBOTS MARKET: MARKET SEGMENTATION
11.1. By Regions
11.1.1. North America:(U.S. and Canada)
11.1.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)
11.1.2.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)
11.1.3.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)
11.1.4.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.5. The Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of the Middle East and Africa)
11.1.5.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.2. By Payload: Market Share (2020-2030F)
11.2.1. Up to 5 Kg, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.2.2. Up to 10 Kg, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.2.3. Above 10 kg, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3. By Applications: Market Share (2020-2030F)
11.3.1. Assembly, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.2. Pick and place, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.3. Handling, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.4. Packaging,By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.5. Quality testing, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.6. Machine tending, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.7. Gluing and welding, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.8. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12. COMPANY PROFILE
12.1. ABB group
12.1.1. Company Overview
12.1.2. Company Total Revenue (Financials)
12.1.3. Market Potential
12.1.4. Global Presence
12.1.5. Key Performance Indicators
12.1.6. SWOT Analysis
12.1.7. Product Launch
12.2. EPSON Robots
12.3. F&P Robotics AG
12.4. KUKA AG
12.5. Precise Automation
12.6. Robert Bosch GmbH
12.7. Yaskawa Electric Corporation
12.8. Techman Robot by Quanta Storage
12.9. DENSO Robotics
12.10. Inc.; Franka Emika GmbH
12.11. Comau S.p.A
12.12. Energid Technologies Corporation
12.13. Fanuc Corporation
12.14. MRK-Systeme GmbH
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
2. COBOTS
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MARKET DYNAMICS
5.1. Growth Drivers
5.2. Restraints
5.3. Opportunity
5.4. Trends
6. CORRELATION & REGRESSION ANALYSIS
6.1. Correlation Matrix
6.2. Regression Matrix
7. RECENT DEVELOPMENT, POLICIES®ULATORY LANDSCAPE
8. RISK ANALYSIS
8.1. Demand Risk Analysis
8.2. Supply Risk Analysis
9. COBOTS INDUSTRY ANALYSIS
9.1. Porters Five Forces
9.1.1. The threat of New Entrants
9.1.2. Bargaining Power of Suppliers
9.1.3. Threat of Substitutes
9.1.4. Rivalry
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10. GLOBAL COBOTS MARKET
10.1. Market Size & forecast, 2019A-2030F
10.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
10.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11. GLOBAL COBOTS MARKET: MARKET SEGMENTATION
11.1. By Regions
11.1.1. North America:(U.S. and Canada)
11.1.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)
11.1.2.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)
11.1.3.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)
11.1.4.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.5. The Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of the Middle East and Africa)
11.1.5.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.2. By Payload: Market Share (2020-2030F)
11.2.1. Up to 5 Kg, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.2.2. Up to 10 Kg, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.2.3. Above 10 kg, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3. By Applications: Market Share (2020-2030F)
11.3.1. Assembly, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.2. Pick and place, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.3. Handling, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.4. Packaging,By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.5. Quality testing, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.6. Machine tending, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.7. Gluing and welding, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.3.8. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12. COMPANY PROFILE
12.1. ABB group
12.1.1. Company Overview
12.1.2. Company Total Revenue (Financials)
12.1.3. Market Potential
12.1.4. Global Presence
12.1.5. Key Performance Indicators
12.1.6. SWOT Analysis
12.1.7. Product Launch
12.2. EPSON Robots
12.3. F&P Robotics AG
12.4. KUKA AG
12.5. Precise Automation
12.6. Robert Bosch GmbH
12.7. Yaskawa Electric Corporation
12.8. Techman Robot by Quanta Storage
12.9. DENSO Robotics
12.10. Inc.; Franka Emika GmbH
12.11. Comau S.p.A
12.12. Energid Technologies Corporation
12.13. Fanuc Corporation
12.14. MRK-Systeme GmbH
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
