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Collaborative Robots Market 2017-2023 by Payload Capacit, Industry, Application, and Geography - Research and Markets
[September 14, 2017]

Collaborative Robots Market 2017-2023 by Payload Capacit, Industry, Application, and Geography - Research and Markets


The "Collaborative Robots Market by Payload Capacity (Up to 5 kg, Up to 10 kg, Above 10 kg), Industry (Automotive, Electronics, Metals & Machining, Plastics & Polymer, Food & Agriculture, Healthcare), Application, and Geography - Global Forecast to 2023" report has been added to Research and Markets' offering.

The overall collaborative robots market is expected to be worth USD 4.28 Billion by 2023, growing at a CAGR of 56.94% between 2017 and 2023.

High ROI and low price of collaborative robots attracting SMEs; and increasing investments in automation by industries are some of the key factors driving the collaborative robots market. Additionally, high potential for robot installations in many countries and demand for high-payload-capacity co-bots are the major opportunities for the market. However, the lack of capabilities related to faster cycle time and repeatability is a key restraining factor for the market.

The co-bots with up to 5 kg payload capacity held the largest market share in 2016 and are further expected to lead the market (in terms of value and volume) between 2017 and 2023. The growth of the said market is mainly driven by the increase in demand for light as well as moderate payload capacity co-bots. This growth can be attributed to the high ease of deployment, high adaptability, affordability, and plu and play characteristics of co-bots, which are some of the essential parameters meeting the demands of a large pool of SMEs.



Automotive, electronics, and metals and machining are the key industries (in terms of market share) in the global collaborative robots market. Co-bots are used to perform many assembly tasks, which are extensively used in the automotive industry. These robots are further used to perform various other tasks across the automotive production linepick and place, quality inspection, packaging and palletizing, machine tending, and material handlingwhile deploying and redeploying co-bots in time- and cost- effective manner without impacting the overall layout of the production line.

Europe held the largest share of the collaborative robots market in 2016 and is expected to be surpassed by the APAC region by 2023. This high growth of the market in APAC is expected to be led by the increasing demand for collaborative robots in China, Japan, South Korea, and India, especially for industries such as electronics, automotive, and metals and machining. These countries are home to a large number of SMEs engaged in manufacturing processes across the said industries and are also making significant investments for automating their respective production processes, which adds to the growth of collaborative robots.


Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Human-Robot Collaborative Operational Environment (Qualitative)

7 Components of Collaborative Robots (Qualitative)

8 Collaborative Robots Market, By Payload Capacity

9 Collaborative Robots Market, By Application

10 Collaborative Robots Market, By Industry

11 Geographic Analysis

12 Competitive Landscape

13 Company Profiles

  • ABB
  • Energid Technologies Corporation
  • F&P Robotics AG
  • FANUC Corporation
  • KUKA (News - Alert) AG
  • MRK-Systeme GmbH
  • Precise Automation, Inc.
  • Rethink Robotics
  • Robert Bosch GmbH
  • Universal Robots A/S

For more information about this report visit https://www.researchandmarkets.com/research/mr29vd/collaborative


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