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Base Year: 2024
Companies covered: 13
Tables & Figures: 238
Countries covered: 19
Pages: 195
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Collaborative Robots Market
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Collaborative Robots Market Size
The global collaborative robots market size was valued at USD 1.86 billion in 2024 and is estimated to grow at 32.4% CAGR from 2025 to 2034. The increasing usage of collaborative robots in various industries is influenced by the demand to increase productivity and operational efficiency.
As per the International Federation of Robotics (IFR), worldwide penetration of collaborative robots is at 10.5% of all industrial robots in 2023. The use of collaborative robots cuts downtime, streamlines production processes, and allows for unfettered human-robot collaboration. Automotive, electronics, and logistics sectors are increasingly adopting collaborative robots to perform repetitive tasks and allow human workers to focus on higher-value operations. This shift enhances throughput while ensuring consistent quality and lowering operational costs.
Collaborative robots market is rising due to focus on the workplace safety along with strict labor regulations. Advanced safety features such as collision detection and force limitation are installed into collaborative robots so that they can work alongside human workers. According to a report by the Occupational Safety and Health Administration (OSHA), the workplace injuries in manufacturing settings has decreased with the integration of collaborative robots. With the focus of organizations being on enhancing employee safety and reducing compensation expenses, the use of collaborative robots is increasing.
The growing labor shortages in different industries is necessitating top companies to increase and improve automation solutions to keep productivity levels up. Collaborative robots are filling this void by carrying out labor-intensive tasks with accuracy, which in turn minimizes reliance on human labor and providing accurate output. With increasing labor shortages, particularly in developed countries, demand for collaborative robots is likely to increase.
The development of Industry 4.0 and smart manufacturing policies of various governments is driving the uptake of collaborative robots at an accelerated pace. Collaborative robots are an important element of smart factories, where they allow smooth collaboration between humans and robots by integrating IoT, AI, and machine learning solutions. This integration of automation and digitalization is expected to further enhance the market.
To leverage the thriving collaborative robots industry, participants need to concentrate on creating industry-specific collaborative robots solutions for automotive, electronics, and logistics to solve specific pain points such as precision assembly and high-speed sorting. AI and IoT integration investments will boost collaborative robot’s capabilities, allowing predictive maintenance and real-time adaptability in smart factories.
Collaborative Robots Market Trends
Based on payload, the collaborative robots market is divided into up to 5 kg, 5-10 kg, 10-25 kg, and more than 25 kg.
Based on application, the collaborative robots market is divided into material handling, assembling & dissembling, welding & soldering, dispensing, processing, and others.
On the basis of end use industry, the collaborative robots market is divided into automotive, electronics, metals & machining, plastics & polymers, food & beverages, furniture & equipment, healthcare, logistics, and others.
Collaborative Robots Market Share
The collaborative robots industry is highly competitive, with top players such as Universal Robots A/S, ABB, FANUC America Corporation, KUKA AG, and Yaskawa America, Inc. holding a significant share of 65% in the global market. Top collaborative robots manufacturers are improving their products through sophisticated AI integration, enhanced safety aspects, and intuitive programming interfaces to serve various industries including automotive, electronics, and logistics. The companies operating in the market are increasingly focusing upon the development of high-payload capacity collaborative robots that can improve operational efficiency and reduce deployment costs for SMEs.
Companies are maintaining a competitive edge by designing collaborative robots curated to specific industries, such as high-precision assembly in electronics. At the same time, the rise of smart factories and IoT-driven workplaces is pushing these robots into new territories. This growth is enabling strategic partnerships with automation experts and software developers.
Strategies such as mergers, acquisitions, and partnerships are reshaping the collaborative robots market. The companies are expanding their offerings with cloud-based management and predictive maintenance. There is strong focus on meeting the international safety standards as businesses try to integrate robots with humans. At the same time, sustainability is taking center stage and manufacturers are doubling down on energy-efficient, long-lasting robots that align with Industry 4.0 and the shift toward greener automation.
Universal Robots A/S led the collaborative robot rollout with its UR series, establishing industry benchmarks for plug-and-play automation and easy programming through its intuitive Teach Pendant interface. The Danish company leads the SME market with lightweight, and flexible collaborative robots with a payload capacity of up-to 20kg, used extensively in assembly and packaging. Universal Robots focuses on safety without cages, using force-limiting technology for human-robot collaboration.
ABB is a global leader in collaborative robotics through the YuMi series, the world's first dual-arm collaborative robots for electronics manufacturing and small-parts assembly with micron-level precision. The robots from the company are becoming smarter through AI vision and machine learning, which enables them to detect errors in real time. Innovation is making industries such as pharmaceuticals and automobile manufacturing more efficient while assuring standards of high quality. SafeMove technology by ABB takes things a step further by allowing humans and robots to collaborate without restrictions, making automation easier than before.
Collaborative Robots Market Companies
Some of the prominent market participants operating in the collaborative robots industry include:
Collaborative Robots Industry News
The collaborative robots market research report includes an in-depth coverage of the industry with estimates and forecast in terms of revenue (USD Million) and volume (Units) from 2021 to 2034, for the following segments:
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Market, By Payload
Market, By Application
Market, By End Use Industry
The above information is provided for the following regions and countries: