Collaborative Robot (Cobot) Market

Collaborative Robot (Cobot) Market by Payload, Component (End Effectors, Controllers), Application (Handling, Assembling & Disassembling, Dispensing, Processing), Industry (Electronics, Furniture & Equipment), and Geography – Global Forecast to 2026

Report Code: SE 4480 Mar, 2020, by marketsandmarkets.com

[180 Pages Report] According to MarketsandMarkets, the global collaborative robot market is projected to grow from USD 981 million in 2020 to USD 7,972 million by 2026; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 41.8% during 2020–2026. Unlike traditional industrial robots, collaborative robots (cobots) provide a fast ROI (as low as 6 months in many cases), which benefit both SMEs and large companies. This is one of the primary drivers for its adoption. In tandem, emerging companies offering low-cost cobots and their increasing affordability is leading to a greater adoption among various industries.

Collaborative Robots Market

Collaborative robots with payload up to 5 Kg estimated to hold largest share of market throughout forecast period

Low payload cobots are cheaper and take up less surrounding space compared to higher payload robots. Hence, they are mainly preferred by the first time users. For instance, COBOTTA, a cobot from DENSO (Japan), has an inherently safe design owing to its low weight and, therefore, does not require extensive use of sensors compared to higher payload cobots, which keeps it more affordable. Other low-cost robots such as the Panda Powertool from Franka Emika (Germany) and EVA from Automata (US) are also considered under this segment. These cobots often have grippers fitted by the cobot manufacturers themselves, reducing the hassle of integration and programming for the end user. Another benefit of these cobots is that they are easily re-deployable and take up minimal space when compared to higher payload cobots.

Market for software component to grow at higher CAGR during forecast period

Many cobot manufacturers are now investing in developing intuitive software programming software, as well as application-specific software. For instance, Universal Robots (Denmark) offers the URCaps programming environment for its collaborative robots. Techman Robot (Taiwan) offers the TM Palletizing Operator and TM Manager software for its cobots. Low-cost cobot manufacturers, such as Franka Emika (Germany), also offer various software packages through their Franka World online platform. Third-party software companies such as Energrid (US) and Vention (Canada) are also developing various software packages and application-specific plug-ins for collaborative robots. The application-specific software is expected to be key in facilitating easier and faster deployment of cobots for first time and existing users alike.

Handling application expected to hold largest share of collaborative robot market during forecast period

Handling tasks such as pick and place or palletizing are some of the most mundane and repetitive tasks being performed by human workers today. Human workers are not only prone to errors or damage but also run the risk of contamination when working in industries such as food & beverages and healthcare. Machine tending requires workers to stand for long hours beside a CNC or injection molding machine. Collaborative robots are able to automate a machine tending process during off hours, without any supervision, boosting productivity. Due to the popularity of handling applications, several cobot manufacturers such as KUKA (Germany) and F&P Robotics (Switzerland) offer in-house manufactured grippers as an optional purchase with their robots. Various third-party manufacturers such as Robotiq (Canada) and SCHUNK (Germany) also offer electric or vacuum-enabled collaborative grippers for cobots. Handling tasks are applicable for a wide range of industries, from automotive to furniture.

Collaborative robot market for electronics industry expected to grow at highest CAGR during forecast period

The electronics industry require low payload cobots (up to 5 Kg) for most applications, which are cheaper to purchase. Low payload cobots are also smaller in size and can be easily integrated into the production floor. With most collaborative robots now having an accuracy of 0.1 mm or less, they are ideal for handling and assembling delicate circuit boards and PCBs alongside human workers. Cobot manufacturers such as Doosan Robotics (South Korea) and Techman Robot (Taiwan) initially marketed their cobots for use in the electronics industry. In a few cases, however, large cobots with a payload above 10 Kg are used to automate packaging and palletizing applications to prevent any damage to electronic components inside the box.

Collaborative Robots Market

Collaborative robot market in APAC expected to grow at highest CAGR during forecast period

The collaborative robot market in Europe is expected to be surpassed by APAC by 2021. This is due to the large scale of manufacturing industries in APAC, especially for the automotive, electronics and metals sectors. Regional players such as Doosan Robotics (South Korea) and Techman Robot (Taiwan) have successfully developed cobots which can directly compete with cobot manufacturers from Europe. China has several low-cost manufacturers such as Elephant Robotics (China), Han’s Robot (China), and Siasun (China) who are driving the growing acceptance of collaborative robots.

Key Market Players

Major companies in the collaborative robot market are Universal Robots (Denmark), Techman Robot (Taiwan), FANUC (Japan), KUKA (Germany), Doosan Robotics (South Korea), AUBO Robotics (US), ABB (Switzerland), YASKAWA (Japan), Precise Automation (US), Rethink Robotics (US). Apart from these, Automata (UK) Productive Robotics (US) are among a few emerging companies in the collaborative robot market.

Founded in 2005, Universal Robots develops and manufactures collaborative robots (cobots) to automate and streamline repetitive industrial processes. The company raised its initial phase of funding from Syddansk Innovation (Denmark). It was subsequently acquired by the automated equipment manufacturer, Teradyne Inc. (US), in June 2015. The company supplies its collaborative robots to many industries, such as automotive and subcontractors; food and tobacco production; furniture & equipment; metals & machining; plastics & polymers; healthcare; and scientific research. Universal Robots exclusively develops collaborative robots, and its product portfolio includes the UR3, UR5, UR10 robot arms, named after their payload capacity in kilograms. At Automatica 2018, the company announced a premium option of these robots under the e-SERIES line–UR3e, UR5e, and UR10e. The new UR16e robot is not offered in a standard version. The e-SERIES robots provide better repeatability due to a built-in tool-centric force/torque sensor, with other improvements such as lower operating noise, UART interface support, m8 connector support (for end effectors), and an easier to use user interface. The company offers the UR+ Solutions platform, providing plug-and-play robot accessories and software from third-party manufacturers such as Robotiq (Canada), Zimmer Group (Germany), PIAB (Sweden), ATI (US), SICK (Germany), and Vention (Canada). Universal Robots is currently one of the most well-known players in the collaborative robot market. The safety system of the robots is approved and certified by TÜV (The German Technical Inspection Association). The major applications for these robots include pick and place, injection molding, packaging, palletizing, quality inspection, screwdriving, polishing, machine tending, injection molding, lab analysis, testing, gluing, painting, and welding. As of 2019, the company has 29 offices in 20 countries, including Denmark, the US, Germany, France, Spain, Italy, the Czech Republic, Turkey, China, India, Bangladesh, Singapore, Japan, South Korea, Taiwan, and Mexico. Universal Robots has a global network of around 400 distributors.

Scope of the Report:

Report Metric

Details

Market size available for years

2017—2026

Base year

2019

Forecast period

2020—2026

Units

Value (USD million/billion) and Volume (Units)

Segments covered

Payload, component, application, industry, and geography

Geographic regions covered

North America, Europe, APAC, and RoW

Companies covered

Universal Robots (Denmark), Techman Robot (Taiwan), FANUC (Japan), KUKA (Germany), Doosan Robotics (South Korea), AUBO Robotics (US), ABB (Switzerland), YASKAWA (Japan), Precise Automation (US), Rethink Robotics (US), MABI Robotic (Switzerland), Franka Emika (Germany), Comau (Italy), F&P Robotics (Switzerland), Stäubli (Switzerland), Robert Bosch (Germany), Productive Robotics (US), Kawada Robotics (Japan), Kawasaki Robotics (Japan), Siasun (China), Hanwha Precision Machinery (South Korea), Han’s Robot (China), Automata (UK), ST Robotics (US), and Carbon Robotics (US)

This report categorizes the collaborative robot market based on payload, component, application, industry, and geography.

By Payload:

  • Up to 5 kg
  • 5–10 kg
  • More than 10 kg

By Component:

  • Hardware (Robotic Arm, End Effectors, Drives, Controllers, Sensors, Power Supply, Motors, and Others)
  • Software

By Application:

  • Handling (Pick and Place, Material Handling, Packaging and Palletizing, and Machine Tending)
  • Assembling and Disassembling (Screwdriving and Nut Fastening)
  • Welding and Soldering
  • Dispensing (Gluing and Painting)
  • Processing (Grinding, Milling, and Cutting)
  • Others (Inspection and Quality Testing and Die-casting and Molding)

By Industry:

  • Automotive
  • Electronics
  • Metals and Machining
  • Plastics and Polymers
  • Food & Beverages
  • Furniture and Equipment
  • Healthcare
  • Others

By Geography:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • APAC
    • China
    • Japan
    • South Korea
    • Taiwan
    • Thailand
    • India
    • Rest of APAC
  • RoW
    • The Middle East & Africa
    • South America

Human–Robot Collaborative Operational Environment (Qualitative)

  • Safety-rated Monitored Stop
  • Hand Guiding
  • Speed Reduction and Separation Monitoring
  • Power and Force Limiting

Integration of Cobots and IoT (Qualitative)

  • Connectivity Technology (Ethernet, Wi-Fi, Bluetooth, and Cellular)
  • Interoperability Software

Key Questions Addressed in the Report

  • What will be the dynamics for the adoption of collaborative robots based on their payload capacity?
  • How will different regions (North America, Europe, APAC, and Row) contribute to the overall collaborative robot market growth by 2026?
  • Which countries are expected to adopt collaborative robots at a fast rate?
  • What will be the value contribution from software and various hardware components in the overall collaborative robot market?
  • What are the key market dynamics influencing market growth? How will they turn into strengths or weaknesses of companies operating in the collaborative robot market space?

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 21)
    1.1 STUDY OBJECTIVES
    1.2 DEFINITION AND SCOPE
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 STUDY SCOPE
           1.3.1 YEARS CONSIDERED
    1.4 CURRENCY
    1.5 LIMITATIONS
    1.6 STAKEHOLDERS

2 RESEARCH METHODOLOGY (Page No. - 25)
    2.1 RESEARCH DATA
           2.1.1 SECONDARY DATA
                    2.1.1.1 Major secondary sources
                    2.1.1.2 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Breakdown of primaries
           2.1.3 SECONDARY AND PRIMARY RESEARCH
                    2.1.3.1 Key industry insights
    2.2 MARKET SIZE ESTIMATION
           2.2.1 BOTTOM-UP APPROACH
                    2.2.1.1 Approach for arriving at market size by bottom-up analysis (demand side)
           2.2.2 TOP-DOWN APPROACH
                    2.2.2.1 Approach for arriving at market size by top-down analysis (supply side)
           2.2.3 MARKET PROJECTIONS
    2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
    2.4 RESEARCH ASSUMPTIONS AND LIMITATIONS
           2.4.1 ASSUMPTIONS
           2.4.2 LIMITATIONS

3 EXECUTIVE SUMMARY (Page No. - 35)

4 PREMIUM INSIGHTS (Page No. - 40)
    4.1 ATTRACTIVE MARKET OPPORTUNITIES IN COLLABORATIVE ROBOT MARKET
    4.2 COLLABORATIVE ROBOT MARKET, BY PAYLOAD
    4.3 COLLABORATIVE ROBOT MARKET, BY APPLICATION
    4.4 COLLABORATIVE ROBOT MARKET IN APAC, BY INDUSTRY VS. BY COUNTRY/REGION
    4.5 COLLABORATIVE ROBOT MARKET, BY INDUSTRY
    4.6 COLLABORATIVE ROBOT MARKET, BY COUNTRY

5 MARKET OVERVIEW (Page No. - 44)
    5.1 MARKET DYNAMICS
           5.1.1 DRIVERS
                    5.1.1.1 Collaborative robots to benefit businesses of all sizes
                    5.1.1.2 Affordability and increased ease of programming of collaborative robots
           5.1.2 RESTRAINTS
                    5.1.2.1 Collaborative robots have a different business model than that of traditional industrial robots
           5.1.3 OPPORTUNITIES
                    5.1.3.1 Software packages to provide an important value addition to the collaborative robot ecosystem
                    5.1.3.2 Collaborative robots paired with AMRs and AGVs to provide a significant market opportunity
                    5.1.3.3 Robots-as-a-Service model to accelerate adoption of collaborative robots
           5.1.4 CHALLENGES
                    5.1.4.1 Payload and speed limitations of collaborative robots owing to their inherent design
                    5.1.4.2 Adapting to new collaborative robot standards and rising cybersecurity challenges in connected robots
    5.2 VALUE CHAIN ANALYSIS
    5.3 IMPACT OF COVID-19 ON THE COLLABORATIVE ROBOT (COBOT) MARKET
    5.4 CASE STUDIES
           5.4.1 AUTOMOTIVE
                    5.4.1.1 Ford deploys three UR10 collaborative robots from Universal Robots for automated engine oil filling
                    5.4.1.2 BMW used KUKA LBR iiwa for insertion of components in car body construction
                    5.4.1.3 Nissan Motor Company deployed UR10 robots from Universal Robots at its Yokohama production plant
                    5.4.1.4 Škoda Auto, MATADOR Group, and KUKA collaborated for automation of automobile factory in Czech Republic
                    5.4.1.5 BENTELER automated manufacturing of automotive components with the CR-35iA from FANUC
                    5.4.1.6 Ford Motor Company automated its vehicle production line with the KUKA LBR iiwa
                    5.4.1.7 ALPLA Corporation automated its production line using the UR3 and UR5 robots from Universal Robots
                    5.4.1.8 Robert Bosch used two APAS assistant robots in its utility vehicle production facility for diesel injection systems
                    5.4.1.9 Bajaj Auto Limited used robots from Universal Robots to automate the assembly line at its motorcycle manufacturing facility
           5.4.2 ELECTRONICS
                    5.4.2.1 Beyerdynamic used the UR3 and UR5 collaborative robots from Universal Robots to increase quality and productivity
                    5.4.2.2 ASM Assembly Systems used KUKA LBR iiwa robots to optimize its SMT lines for the electronics industry
                    5.4.2.3 ABB installed its YuMi collaborative robot at its Low Voltage Products plant in Jablonec nad Nisou, Czech Republic
                    5.4.2.4 ASM Assembly Systems installed the Sawyer robot from Rethink Robotics for factory automation
                    5.4.2.5 Robert Bosch installed its APAS robot production facility for EPS control units for automotive steering systems
                    5.4.2.6 P4Q electronics increased its production throughput by 25% by deploying smart, adaptable automation on the factory floor
           5.4.3 METALS AND MACHINERY
                    5.4.3.1 STAMIT deployed the UR10 collaborative robot from Universal Robots in a high-mix/low-volume production line
                    5.4.3.2 Fitzpatrick Manufacturing deployed the Sawyer robot for quality testing
                    5.4.3.3 Aircraft Tooling, Inc. installed collaborative robots from Universal Robots for metal powder and plasma spray processes
                    5.4.3.4 Stihl deployed the FANUC CR-35iA collaborative robot across cut-off saw packaging line
                    5.4.3.5 BAUMRUK & BAUMRUK automated its process of loading smaller parts into milling centers
                    5.4.3.6 Hofmann Glastechnik automated the task of tending glass lathes with collaborative robots from Universal Robots
           5.4.4 FURNITURE AND EQUIPMENT
                    5.4.4.1 Etalex installed the UR10 robot from Universal Robots for pick and place of metal parts
                    5.4.4.2 ModuForm deployed the Sawyer robot from Rethink Robotics to overcome the shortage of workers
                    5.4.4.3 Acron Sales Company installed the Sawyer robot from Rethink Robotics to maintain throughput, improve product quality, and reduce reliance on outside suppliers
                    5.4.4.4 Assa Abloy automated the assembly and packaging line for high- volume hinges with the Sawyer robot from Rethink Robotics
                    5.4.4.5 Voodoo Manufacturing used collaborative robots from Universal Robots to automate its additive manufacturing process
           5.4.5 PLASTICS AND POLYMERS
                    5.4.5.1 Cox Container deployed Rethink Robotics’ Sawyer robot to boost factory productivity
                    5.4.5.2 Plastic Molded Concepts (PMC) deployed Rethink Robotics’ Sawyer robot to boost efficiency of its molding machines
                    5.4.5.3 Harrison Manufacturing installed Rethink Robotics’ Sawyer at its facility in Jackson, Mississippi
                    5.4.5.4 Tennplasco installed Rethink Robotics’ Sawyer to gain competitive advantage in injection molding market
                    5.4.5.5 Trelleborg Sealing Solution automated machine tending of CNC machines with 42 collaborative robots from Universal Robots
           5.4.6 PERSONAL ASSIST
                    5.4.6.1 ISAK GmbH exploring potential of human-robot collaboration across assembly process
           5.4.7 FOOD AND BEVERAGE
                    5.4.7.1 Rieber GmbH & Co. KG used APAS assistant from Robert Bosch for process and logistics automation in industrial kitchens
                    5.4.7.2 Atria Scandinavia optimized labeling, packaging, and palletizing tasks with collaborative robots
                    5.4.7.3 Cascina Italia improved flexibility and operational efficiency of its business with the UR5 robot from Universal Robots
           5.4.8 PHARMA AND CHEMISTRY
                    5.4.8.1 Copenhagen University Hospital used collaborative robots for handling and sorting blood samples for analysis
                    5.4.8.2 Glide Laboratories used collaborative robots to facilitate machine tending tasks for quick manufacturing of dental crowns
                    5.4.8.3 MARKA used collaborative robots for precise positioning and tightening of bottle caps
           5.4.9 EDUCATION
                    5.4.9.1 University of Edinburgh’s EPSRC Centre for Doctoral Training (CDT) purchased a pair of Baxter robots from Rethink Robotics
                    5.4.9.2 University of Hertfordshire deployed Baxter Robots from Rethink Robotics at the School of Computer Science
           5.4.10 SCIENTIFIC RESEARCH
                    5.4.10.1 AGH University of Science and Technology (Poland) deployed robots from Universal Robots for a specialized robotics station
                    5.4.10.2 Aurolab deployed collaborative robots for automating material handling, and pick and place tasks
           5.4.11 OTHERS
                    5.4.11.1 AR+ Areplus Robotics integrated collaborative robots into its Arcam robotic system

6 COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD (Page No. - 59)
    6.1 INTRODUCTION
    6.2 UP TO 5 KG
           6.2.1 COBOTS WITH PAYLOAD CAPACITY BELOW 5 KG ARE INHERENTLY SAFE
    6.3 BETWEEN 5 AND 10 KG
           6.3.1 COBOTS WITH 5–10 KG PAYLOAD CAPACITY ARE EQUIPPED WITH IN-BUILT FORCE SENSORS
    6.4 MORE THAN 10 KG
           6.4.1 ADVANCES IN ROBOTIC HARDWARE ENABLING MANUFACTURERS TO DEVELOP COLLABORATIVE ROBOTS WITH A PAYLOAD ABOVE 10 KG

7 COLLABORATIVE ROBOT (COBOT) MARKET, BY COMPONENT (Page No. - 68)
    7.1 INTRODUCTION
    7.2 HARDWARE
           7.2.1 ROBOTIC ARM
                    7.2.1.1 Robotic arm design is defined by ISO/TS 15066 standard
           7.2.2 END EFFECTOR OR END OF ARM TOOL (EOAT)
                    7.2.2.1 Welding Guns
                               7.2.2.1.1 Hand guidance feature of collaborative robots makes welding tasks easier
                    7.2.2.2 Grippers
                               7.2.2.2.1 Pneumatic
                                             7.2.2.2.1.1 Pneumatic grippers require an external air supply to operate
                               7.2.2.2.2 Electric
                                             7.2.2.2.2.1 Electric grippers are the easiest to program and operate compared to other grippers
                               7.2.2.2.3 Vacuum
                                             7.2.2.2.3.1 Vacuum grippers can easily handle uneven and large area workpieces
                               7.2.2.2.4 Magnetic
                                             7.2.2.2.4.1 Magnetic grippers are not as popular as other types of grippers
                    7.2.2.3 Robotic Screwdrivers
                               7.2.2.3.1 Robotic Screwdriver apply consistent torque during screwdriving
                    7.2.2.4 Sanding and deburring tools
                               7.2.2.4.1 Sanding and deburring tools are used for material removal
                    7.2.2.5 Others
                               7.2.2.5.1 Other include specialty and hybrid end effectors
           7.2.3 DRIVES
                    7.2.3.1 Drives convert electrical energy into mechanical energy
           7.2.4 CONTROLLERS
                    7.2.4.1 Controllers carry out necessary instructions required to operate cobot
           7.2.5 SENSORS
                    7.2.5.1 Sensors help in measurement and translation of information into meaningful data
           7.2.6 POWER SUPPLY
                    7.2.6.1 Most cobots operate at 24 V or 48 V
           7.2.7 MOTORS
                    7.2.7.1 Cobots are fitted with light but powerful motors
           7.2.8 OTHERS
    7.3 SOFTWARE
           7.3.1 COBOT MANUFACTURERS INVEST SUBSTANTIAL EFFORTS TO DEVELOP INTUITIVE PROGRAMMING SOFTWARE

8 COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION (Page No. - 76)
    8.1 INTRODUCTION
    8.2 HANDLING
           8.2.1 PICK AND PLACE
                    8.2.1.1 Pick and place task is the easiest to program for first-time users
           8.2.2 MATERIAL HANDLING
                    8.2.2.1 Material handling consist of order fulfilment using mobile units
           8.2.3 PACKAGING AND PALLETIZING
                    8.2.3.1 Packing and palletizing often require medium payload cobots
           8.2.4 MACHINE TENDING
                    8.2.4.1 Cobots are used alongside CNC, injection, and blow molding machines
    8.3 ASSEMBLING AND DISASSEMBLING
           8.3.1 SCREWDRIVING
                    8.3.1.1 Cobots can handle torque forces required for screwdriving applications
           8.3.2 NUT FASTENING
                    8.3.2.1 Cobots suitable for nut fastening on medium and large workpieces
    8.4 WELDING AND SOLDERING
           8.4.1 WELDING AND SOLDERING IS NICHE APPLICATION FOR COBOTS
    8.5 DISPENSING
           8.5.1 GLUING
                    8.5.1.1 Robotic gluing ensures quality and consistency of application
           8.5.2 PAINTING
                    8.5.2.1 Cobot painting is suitable for low volume production
    8.6 PROCESSING
           8.6.1 GRINDING
                    8.6.1.1 For grinding tasks, a force/torque sensor is often used along with end effector
           8.6.2 MILLING
                    8.6.2.1 Milling tasks consist of deburring, chamfering, and scraping operations
           8.6.3 CUTTING
                    8.6.3.1 Cobots are being used for cutting applications on a very small scale
    8.7 OTHERS
           8.7.1 INSPECTION AND QUALITY TESTING
                    8.7.1.1 Cobots can inspect complex shaped objects alongside human workers
           8.7.2 DIE-CASTING AND MOLDING
                    8.7.2.1 Cobots are ideal for automating injection molding tasks

9 COLLABORATIVE ROBOT MARKET, BY INDUSTRY (Page No. - 94)
    9.1 INTRODUCTION
    9.2 AUTOMOTIVE
           9.2.1 COLLABORATIVE ROBOTS ARE BEING USED TO PERFORM LIGHT AND REPETITIVE TASKS
    9.3 ELECTRONICS
           9.3.1 COBOTS CAN HANDLE SMALL AND FRAGILE COMPONENTS IN ELECTRONICS INDUSTRY
    9.4 METALS AND MACHINING
           9.4.1 COBOTS ARE BEING USED ALONGSIDE CNC AND OTHER HEAVY MACHINERY TO AUTOMATE VARIOUS TASKS
    9.5 PLASTICS AND POLYMERS
           9.5.1 COBOTS ARE BEING DEPLOYED ALONGSIDE INJECTION AND BLOW MOLDING MACHINES
    9.6 FOOD & BEVERAGES
           9.6.1 COBOTS ARE USED IN FOOD INDUSTRY FOR BOTH PRIMARY AND SECONDARY HANDLING APPLICATIONS
    9.7 FURNITURE AND EQUIPMENT
           9.7.1 COBOTS ARE USED TO PERFORM VARIOUS PICK AND PLACE AND MACHINE TENDING APPLICATIONS
    9.8 HEALTHCARE
           9.8.1 COBOTS ARE BEING DEPLOYED FOR NON-SURGICAL APPLICATIONS IN HEALTHCARE INDUSTRY
    9.9 OTHERS

10 COLLABORATIVE ROBOT (COBOT) MARKET, GEOGRAPHIC ANALYSIS (Page No. - 112)
     10.1 INTRODUCTION
     10.2 NORTH AMERICA
             10.2.1 US
                        10.2.1.1 US represents largest market for cobots in North America
             10.2.2 CANADA
                        10.2.2.1 Ontario province in Canada expected to have highest concentration of collaborative robots
             10.2.3 MEXICO
                        10.2.3.1 Strong foreign direct investments and growing demand for automation is expected to drive market in Mexico
     10.3 EUROPE
             10.3.1 GERMANY
                        10.3.1.1 Germany houses several collaborative robot manufacturers
             10.3.2 ITALY
                        10.3.2.1 COMAU (Italy) offers collaborative robot with highest payload capacity
             10.3.3 SPAIN
                        10.3.3.1 Spain to have fastest growth for collaborative robots in Europe due to adoption of automation in manufacturing industries
             10.3.4 FRANCE
                        10.3.4.1 Increasing deployment of collaborative robots to increase global competitiveness is expected to drive market in France
             10.3.5 UK
                        10.3.5.1 Investments in R&D for reviving automotive industry in UK offers high growth potential
             10.3.6 REST OF EUROPE
     10.4 APAC
             10.4.1 CHINA
                        10.4.1.1 China represents largest market for collaborative robots in APAC
             10.4.2 SOUTH KOREA
                        10.4.2.1 South Korea has significant number of cobots deployed in the automotive and electronics industries
             10.4.3 JAPAN
                        10.4.3.1 Japan is deploying cobots mainly in automotive, food & beverages, and electronics industries
             10.4.4 TAIWAN
                        10.4.4.1 Taiwan has deployed the majority of cobots in the electronics industry
             10.4.5 THAILAND
                        10.4.5.1 Thailand 4.0 initiative expected to drive market for cobots during forecast period
             10.4.6 INDIA
                        10.4.6.1 India presents large market potential for deployment of cobots
             10.4.7 REST OF APAC
     10.5 ROW
             10.5.1 MIDDLE EAST AND AFRICA
                        10.5.1.1 Middle East has a growing number of Complete Knock Down as well as spare parts manufacturing facilities for the automotive industry
             10.5.2 SOUTH AMERICA
                        10.5.2.1 Argentina and Brazil are steadily increasing use of collaborative robots with improving economic scenario

11 HUMAN–ROBOT COLLABORATIVE OPERATIONAL ENVIRONMENT (QUALITATIVE) (Page No. - 129)
     11.1 INTRODUCTION
     11.2 SAFETY-RATED MONITORED STOP
     11.3 HAND GUIDING
     11.4 SPEED REDUCTION AND SEPERATION MONITORING
     11.5 POWER AND FORCE LIMITING

12 INTEGRATION OF COBOTS AND IOT (QUALITATIVE) (Page No. - 131)
     12.1 INTRODUCTION
     12.2 CONNECTIVITY TECHNOLOGY
             12.2.1 ETHERNET
             12.2.2 WI-FI
             12.2.3 BLUETOOTH
             12.2.4 CELLULAR
     12.3 INTEROPERATIBILITY SOFTWARE

13 COMPETITIVE LANDSCAPE (Page No. - 134)
     13.1 OVERVIEW
     13.2 MARKET SHARE ANALYSIS
     13.3 COMPETITIVE LEADERSHIP MAPPING
             13.3.1 VISIONARY LEADERS
             13.3.2 DYNAMIC DIFFERENTIATORS
             13.3.3 INNOVATORS
             13.3.4 EMERGING COMPANIES
     13.4 STRENGTH OF PRODUCT PORTFOLIO (25 PLAYERS)
     13.5 BUSINESS STRATEGY EXCELLENCE (25 PLAYERS)
     13.6 COMPETITIVE SITUATIONS AND TRENDS
             13.6.1 PRODUCT LAUNCHES
             13.6.2 PARTNERSHIPS AND COLLABORATIONS
             13.6.3 EXPANSIONS
             13.6.4 CONTRACTS AND AGREEMENTS
             13.6.5 ACQUISITIONS

14 COMPANY PROFILES (Page No. - 145)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
     14.1 KEY PLAYERS
             14.1.1 UNIVERSAL ROBOTS
             14.1.2 TECHMAN ROBOT
             14.1.3 FANUC
             14.1.4 KUKA
             14.1.5 DOOSAN ROBOTICS
             14.1.6 AUBO ROBOTICS
             14.1.7 ABB
             14.1.8 YASKAWA
             14.1.9 PRECISE AUTOMATION
             14.1.10 RETHINK ROBOTICS
     14.2 OTHER KEY PLAYERS
             14.2.1 MABI ROBOTIC
             14.2.2 FRANKA EMIKA
             14.2.3 COMAU
             14.2.4 F&P ROBOTICS
             14.2.5 STÄUBLI
             14.2.6 ROBERT BOSCH
             14.2.7 PRODUCTIVE ROBOTICS

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.

15 APPENDIX (Page No. - 174)
     15.1 DISCUSSION GUIDE
     15.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     15.3 AVAILABLE CUSTOMIZATIONS
     15.4 RELATED REPORTS
     15.5 AUTHOR DETAILS


LIST OF TABLES (84 TABLES)

TABLE 1 COLLABORATIVE ROBOT MARKET, 2017–2026
TABLE 2 COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2017–2026 (USD MILLION)
TABLE 3 COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2017–2026 (UNITS)
TABLE 4 COMPANIES OFFERING COBOTS WITH PAYLOAD UP TO 5 KG
TABLE 5 COLLABORATIVE ROBOT (COBOT) MARKET FOR PAYLOAD UP TO 5 KG, BY APPLICATION, 2017–2026 (USD MILLION)
TABLE 6 COLLABORATIVE ROBOT (COBOT) MARKET FOR PAYLOAD UP TO 5 KG, BY APPLICATION, 2017–2026 (UNITS)
TABLE 7 COLLABORATIVE ROBOT (COBOT) MARKET FOR PAYLOAD UP TO 5 KG, BY INDUSTRY, 2017–2026 (USD MILLION)
TABLE 8 COMPANIES OFFERING COBOTS WITH 5–10 KG PAYLOAD CAPACITY
TABLE 9 COLLABORATIVE ROBOT (COBOT) MARKET FOR 5–10 KG PAYLOAD CAPACITY, BY APPLICATION, 2017–2026 (USD THOUSAND)
TABLE 10 COLLABORATIVE ROBOT (COBOT) MARKET FOR 5–10 KG PAYLOAD CAPACITY, BY APPLICATION, 2017–2026 (UNITS)
TABLE 11 COLLABORATIVE ROBOT (COBOT) MARKET FOR 5–10 KG PAYLOAD CAPACITY, BY INDUSTRY, 2017–2026 (USD THOUSAND)
TABLE 12 COMPANIES OFFERING COBOTS WITH PAYLOAD CAPACITY MORE THAN 10 KG
TABLE 13 COLLABORATIVE ROBOT (COBOT) MARKET FOR MORE THAN 10 KG PAYLOAD, BY APPLICATION, 2017–2026 (USD THOUSAND)
TABLE 14 COLLABORATIVE ROBOT (COBOT) MARKET FOR MORE THAN 10 KG PAYLOAD, BY APPLICATION, 2017–2026 (UNITS)
TABLE 15 COLLABORATIVE ROBOT (COBOT) MARKET FOR MORE THAN 10 KG PAYLOAD, BY INDUSTRY, 2017–2026 (USD THOUSAND)
TABLE 16 COLLABORATIVE ROBOT MARKET, BY COMPONENT, 2017–2026 (USD MILLION)
TABLE 17 COLLABORATIVE ROBOT MARKET FOR HARDWARE, BY COMPONENT, 2017–2026 (USD MILLION)
TABLE 18 COLLABORATIVE ROBOT MARKET, BY APPLICATION, 2017–2026 (USD MILLION)
TABLE 19 COLLABORATIVE ROBOT MARKET, BY APPLICATION, 2017–2026 (UNITS)
TABLE 20 COLLABORATIVE ROBOT MARKET FOR HANDLING APPLICATION, BY INDUSTRY, 2017–2026 (USD MILLION)
TABLE 21 COLLABORATIVE ROBOT MARKET FOR HANDLING APPLICATION, BY PAYLOAD, 2017–2026 (USD MILLION)
TABLE 22 COLLABORATIVE ROBOT MARKET FOR HANDLING APPLICATION, BY PAYLOAD, 2017–2026 (UNITS)
TABLE 23 COLLABORATIVE ROBOT MARKET FOR HANDLING, BY APPLICATION, 2017–2026 (USD MILLION)
TABLE 24 COLLABORATIVE ROBOT MARKET FOR ASSEMBLING AND DISASSEMBLING APPLICATION, BY INDUSTRY, 2017–2026 (USD MILLION)
TABLE 25 COLLABORATIVE ROBOT MARKET FOR ASSEMBLING AND DISASSEMBLING APPLICATION, BY PAYLOAD, 2017–2026 (USD MILLION)
TABLE 26 COLLABORATIVE ROBOT MARKET FOR ASSEMBLING AND DISASSEMBLING APPLICATION, BY PAYLOAD, 2017–2026 (UNITS)
TABLE 27 COLLABORATIVE ROBOT MARKET FOR WELDING AND SOLDERING APPLICATION, BY INDUSTRY, 2017–2026 (USD THOUSAND)
TABLE 28 COLLABORATIVE ROBOT MARKET FOR WELDING AND SOLDERING APPLICATION, BY PAYLOAD, 2017–2026 (USD THOUSAND)
TABLE 29 COLLABORATIVE ROBOT MARKET FOR WELDING AND SOLDERING APPLICATION, BY INDUSTRY, 2017–2026 (UNITS)
TABLE 30 COLLABORATIVE ROBOT MARKET FOR DISPENSING APPLICATION, BY INDUSTRY, 2017–2026 (USD THOUSAND)
TABLE 31 COLLABORATIVE ROBOT MARKET FOR DISPENSING APPLICATION, BY PAYLOAD, 2017–2026 (USD THOUSAND)
TABLE 32 COLLABORATIVE ROBOT MARKET FOR DISPENSING APPLICATION, BY INDUSTRY, 2017–2026 (UNITS)
TABLE 33 COLLABORATIVE ROBOT MARKET FOR PROCESSING APPLICATION, BY INDUSTRY, 2017–2026 (USD THOUSAND)
TABLE 34 COLLABORATIVE ROBOT MARKET FOR PROCESSING APPLICATION, BY PAYLOAD, 2017–2026 (USD MILLION)
TABLE 35 COLLABORATIVE ROBOT MARKET FOR PROCESSING APPLICATION, BY PAYLOAD, 2017–2026 (UNITS)
TABLE 36 COLLABORATIVE ROBOT MARKET FOR PROCESSING, BY APPLICATION, 2017–2026 (USD MILLION)
TABLE 37 COLLABORATIVE ROBOT MARKET FOR OTHER APPLICATIONS, BY INDUSTRY, 2017–2026 (USD THOUSAND)
TABLE 38 COLLABORATIVE ROBOT MARKET FOR OTHER APPLICATIONS, BY PAYLOAD, 2017–2026 (USD MILLION)
TABLE 39 COLLABORATIVE ROBOT MARKET FOR OTHER APPLICATIONS, BY PAYLOAD, 2017–2026 (UNITS)
TABLE 40 COLLABORATIVE ROBOT MARKET, BY INDUSTRY, 2017–2026 (USD MILLION)
TABLE 41 COLLABORATIVE ROBOT MARKET, BY INDUSTRY, 2017–2026 (UNITS)
TABLE 42 COLLABORATIVE ROBOT MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2017–2026 (USD MILLION)
TABLE 43 COLLABORATIVE ROBOT MARKET FOR AUTOMOTIVE INDUSTRY, BY APPLICATION, 2017–2026 (USD MILLION)
TABLE 44 COLLABORATIVE ROBOT MARKET FOR AUTOMOTIVE INDUSTRY, BY PAYLOAD, 2017–2026 (USD MILLION)
TABLE 45 COLLABORATIVE ROBOT MARKET FOR ELECTRONICS INDUSTRY, BY REGION, 2017–2026 (USD MILLION)
TABLE 46 COLLABORATIVE ROBOT MARKET FOR ELECTRONICS INDUSTRY, BY APPLICATION, 2017–2026 (USD MILLION)
TABLE 47 COLLABORATIVE ROBOT MARKET FOR ELECTRONICS INDUSTRY, BY PAYLOAD, 2017–2026 (USD MILLION)
TABLE 48 COLLABORATIVE ROBOT MARKET FOR METALS AND MACHINING INDUSTRY, BY REGION, 2017–2026 (USD THOUSAND)
TABLE 49 COLLABORATIVE ROBOT MARKET FOR METALS AND MACHINING INDUSTRY, BY APPLICATION, 2017–2026 (USD THOUSAND)
TABLE 50 COLLABORATIVE ROBOT MARKET FOR METALS AND MACHINING INDUSTRY, BY PAYLOAD, 2017–2026 (USD MILLION)
TABLE 51 COLLABORATIVE ROBOT MARKET FOR PLASTICS AND POLYMERS INDUSTRY, BY REGION, 2017–2026 (USD THOUSAND)
TABLE 52 COLLABORATIVE ROBOT MARKET FOR PLASTICS AND POLYMERS INDUSTRY, BY APPLICATION, 2017–2026 (USD THOUSAND)
TABLE 53 COLLABORATIVE ROBOT MARKET FOR PLASTICS AND POLYMERS INDUSTRY, BY PAYLOAD, 2017–2026 (USD MILLION)
TABLE 54 COLLABORATIVE ROBOT MARKET FOR FOOD & BEVERAGES INDUSTRY, BY REGION, 2017–2026 (USD THOUSAND)
TABLE 55 COLLABORATIVE ROBOT MARKET FOR FOOD & BEVERAGES INDUSTRY, BY APPLICATION, 2017–2026 (USD THOUSAND)
TABLE 56 COLLABORATIVE ROBOT MARKET FOR FOOD & BEVERAGES INDUSTRY, BY PAYLOAD, 2017–2026 (USD MILLION)
TABLE 57 COLLABORATIVE ROBOT MARKET FOR FURNITURE AND EQUIPMENT INDUSTRY, BY REGION, 2017–2026 (USD THOUSAND)
TABLE 58 COLLABORATIVE ROBOT MARKET FOR FURNITURE AND EQUIPMENT INDUSTRY, BY APPLICATION, 2017–2026 (USD THOUSAND)
TABLE 59 COLLABORATIVE ROBOT MARKET FOR FURNITURE AND EQUIPMENT INDUSTRY, BY PAYLOAD, 2017–2026 (USD MILLION)
TABLE 60 COLLABORATIVE ROBOT MARKET FOR HEALTHCARE INDUSTRY, BY REGION, 2017–2026 (USD THOUSAND)
TABLE 61 COLLABORATIVE ROBOT MARKET FOR HEALTHCARE INDUSTRY, BY APPLICATION, 2017–2026 (USD THOUSAND)
TABLE 62 COLLABORATIVE ROBOT MARKET FOR HEALTHCARE INDUSTRY, BY PAYLOAD, 2017–2026 (USD THOUSAND)
TABLE 63 COLLABORATIVE ROBOT MARKET FOR OTHER INDUSTRIES, BY REGION, 2017–2026 (USD THOUSAND)
TABLE 64 COLLABORATIVE ROBOT MARKET FOR OTHER INDUSTRIES, BY APPLICATION, 2017–2026 (USD THOUSAND)
TABLE 65 COLLABORATIVE ROBOT MARKET FOR OTHER INDUSTRIES, BY PAYLOAD, 2017–2026 (USD THOUSAND)
TABLE 66 COLLABORATIVE ROBOT MARKET, BY REGION, 2017–2026 (USD MILLION)
TABLE 67 COLLABORATIVE ROBOT MARKET, BY REGION, 2017–2026 (UNITS)
TABLE 68 COLLABORATIVE ROBOT MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2026 (USD MILLION)
TABLE 69 COLLABORATIVE ROBOT MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2026 (UNITS)
TABLE 70 COLLABORATIVE ROBOT MARKET IN NORTH AMERICA, BY INDUSTRY, 2017–2026 (USD MILLION)
TABLE 71 COLLABORATIVE ROBOT MARKET IN EUROPE, BY COUNTRY, 2017–2026 (USD MILLION)
TABLE 72 COLLABORATIVE ROBOT MARKET IN EUROPE, BY COUNTRY, 2017–2026 (UNITS)
TABLE 73 COLLABORATIVE ROBOT MARKER IN EUROPE, BY INDUSTRY, 2017–2026 (USD MILLION)
TABLE 74 COLLABORATIVE ROBOT MARKET IN APAC, BY COUNTRY, 2017–2026 (USD MILLION)
TABLE 75 COLLABORATIVE ROBOT MARKET IN APAC, BY COUNTRY, 2017–2026 (UNITS)
TABLE 76 COLLABORATIVE ROBOT MARKET IN APAC, BY INDUSTRY, 2017–2026 (USD MILLION)
TABLE 77 COLLABORATIVE ROBOT MARKET IN ROW, BY REGION, 2017–2026 (USD MILLION)
TABLE 78 COLLABORATIVE ROBOT MARKET IN ROW, BY REGION, 2017–2026 (UNITS)
TABLE 79 COLLABORATIVE ROBOT MARKET IN ROW, BY INDUSTRY, 2017–2026 (USD THOUSAND)
TABLE 80 PRODUCT LAUNCHES, 2017–2019
TABLE 81 PARTNERSHIPS AND COLLABORATIONS, 2017–2019
TABLE 82 EXPANSIONS, 2017–2019
TABLE 83 CONTRACTS AND AGREEMENTS, 2017–2019
TABLE 84 ACQUISITIONS, 2017–2019


LIST OF FIGURES (42 FIGURES)

FIGURE 1 SEGMENTATION OF COLLABORATIVE ROBOT MARKET
FIGURE 2 COLLABORATIVE ROBOT MARKET: RESEARCH DESIGN
FIGURE 3 COLLABORATIVE ROBOT MARKET: BOTTOM-UP APPROACH
FIGURE 4 COLLABORATIVE ROBOT MARKET: TOP-DOWN APPROACH
FIGURE 5 DATA TRIANGULATION
FIGURE 6 COLLABORATIVE ROBOTS WITH PAYLOAD UP TO 5 KG HELD LARGEST SHARE OF MARKET IN 2019
FIGURE 7 MARKET FOR SOFTWARE COMPONENT EXPECTED T0 GROW AT HIGHER CAGR DURING FORECAST PERIOD
FIGURE 8 COLLABORATIVE ROBOTS EXPECTED TO BE PRIMARILY ADOPTED FOR HANDLING APPLICATIONS IN 2020
FIGURE 9 AUTOMOTIVE INDUSTRY TO HOLD LARGEST SHARE OF COLLABORATIVE ROBOT MARKET THROUGHOUT FORECAST PERIOD
FIGURE 10 EUROPE TO ACCOUNT FOR LARGEST SHARE OF COLLABORATIVE ROBOT MARKET IN 2020
FIGURE 11 GROWING DEMAND FOR COLLABORATIVE ROBOTS WITH PAYLOAD CAPACITY OF MORE THAN 10 KG TO DRIVE GROWTH OF COLLABORATIVE ROBOT MARKET DURING FORECAST PERIOD
FIGURE 12 MARKET, IN TERMS OF VALUE, FOR COLLABORATIVE ROBOTS WITH PAYLOAD CAPACITY MORE THAN 10 KG TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 13 HANDLING APPLICATION TO HOLD LARGEST SHARE OF MARKET IN 2020
FIGURE 14 AUTOMOTIVE INDUSTRY AND CHINA TO HOLD LARGEST SHARE OF COLLABORATIVE ROBOT MARKET IN APAC, BY INDUSTRY AND COUNTRY, RESPECTIVELY, IN 2020
FIGURE 15 AUTOMOTIVE INDUSTRY TO HOLD LARGEST SHARE OF COLLABORATIVE ROBOT MARKET IN 2020
FIGURE 16 US TO HOLD LARGEST SHARE OF COLLABORATIVE ROBOT MARKET IN 2020
FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
FIGURE 18 VALUE CHAIN ANALYSIS OF ECOSYSTEM OF COLLABORATIVE ROBOTS: R&D AND MANUFACTURING PHASES ADD MAXIMUM VALUE
FIGURE 19 COBOTS WITH PAYLOAD UP TO 5 KG EXPECTED TO HOLD LARGEST SHARE OF MARKET DURING FORECAST PERIOD
FIGURE 20 ROBOTIC ARM HELD LARGEST SHARE OF MARKET FOR HARDWARE COMPONENT IN 2020
FIGURE 21 MARKET FOR ASSEMBLING AND DISASSEMBLING APPLICATION TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 22 MARKET FOR MATERIAL HANDLING TASKS TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 23 GRINDING TASKS TO HOLD LARGEST SHARE OF MARKET FOR PROCESSING APPLICATION IN 2020
FIGURE 24 MARKET FOR ELECTRONICS INDUSTRY TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 25 MARKET FOR AUTOMOTIVE INDUSTRY IN APAC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 26 EUROPE TO HOLD LARGEST SHARE OF MARKET FOR METALS AND MACHINING INDUSTRY IN 2020
FIGURE 27 MARKET FOR FOOD & BEVERAGES INDUSTRY IN APAC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 28 MARKET IN APAC COUNTRIES TO GROW AT SIGNIFICANT RATE DURING FORECAST PERIOD
FIGURE 29 NORTH AMERICA: COLLABORATIVE ROBOT MARKET SNAPSHOT
FIGURE 30 EUROPE: COLLABORATIVE ROBOT MARKET SNAPSHOT
FIGURE 31 APAC: COLLABORATIVE ROBOT MARKET SNAPSHOT
FIGURE 32 MIDDLE EAST AND AFRICA TO HOLD LARGEST SHARE OF COLLABORATIVE ROBOT MARKET THROUGHOUT FORECAST PERIOD
FIGURE 33 PLAYERS IN COLLABORATIVE ROBOT MARKET ADOPTED PRODUCT LAUNCHES AS THEIR KEY STRATEGY FOR BUSINESS EXPANSION FROM 2017 TO 2019
FIGURE 34 UNIVERSAL ROBOTS LED COLLABORATIVE ROBOT MARKET IN 2019
FIGURE 35 COLLABORATIVE ROBOT MARKET (GLOBAL), COMPETITIVE LEADERSHIP MAPPING, 2019
FIGURE 36 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN COLLABORATIVE ROBOT (COBOT) MARKET
FIGURE 37 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN COLLABORATIVE ROBOT (COBOT) MARKET
FIGURE 38 COLLABORATIVE ROBOT MARKET WITNESSED SIGNIFICANT GROWTH FROM 2017 TO 2019
FIGURE 39 FANUC: COMPANY SNAPSHOT
FIGURE 40 KUKA: COMPANY SNAPSHOT
FIGURE 41 ABB: COMPANY SNAPSHOT
FIGURE 42 YASKAWA: COMPANY SNAPSHOT

The study involved the estimation of the current size of the global collaborative robot (cobot) market. Exhaustive secondary research was carried out to collect information about the market and its peer markets. It was followed by the validation of findings, assumptions, and sizing with the industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete size of the market. It was followed by the market breakdown and data triangulation methods to estimate the size of different segments and subsegments of the market.

Secondary Research

In the secondary research process, various secondary sources were referred to for identifying and collecting information pertinent to this study on the collaborative robot market. Secondary sources included annual reports; press releases; investor presentations; white papers; journals and certified publications; and articles by recognized authors, directories, and databases. Secondary research was conducted to obtain key information about the supply chain of the industry, value chain of the market, the total pool of key players, market segmentation according to the industry trends (to the bottommost level), geographic markets, and key developments from both market- and technology-oriented perspectives.

After the complete market engineering (which included calculations for the market statistics, market breakdown, data triangulation, market size estimations, and market forecasting), extensive primary research was carried out to gather information, as well as to verify and validate the critical numbers obtained for the collaborative robot market.

Primary Research

Extensive primary research was conducted after gaining knowledge about the current scenario of the collaborative robot market through secondary research. Several primary interviews were conducted with the market experts from both demand (commercial application providers) and supply (equipment manufacturers and distributors) sides across 4 major regions: North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW). Approximately 20% and 80% of primary interviews were conducted with parties from the demand side and supply side, respectively. Primary data was collected through questionnaires, emails, and telephonic interviews.

Collaborative Robots Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

In the complete engineering process, both top-down and bottom-up approaches, along with several data triangulation methods, were used to estimate and validate the size of the collaborative robot market and other dependent submarkets. Key players in the market were determined through primary and secondary research. This entire research methodology involved the study of the annual and financial reports of the top market players and extensive interviews with industry experts such as chief executive officers (CEOs), vice presidents (VPs), directors, and marketing executives for key insights (both qualitative and quantitative) about the collaborative robot market. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market segments covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data was consolidated and supplemented with detailed inputs and analyses from MarketsandMarkets and presented in the report.

Data Triangulation

After arriving at the overall market size using the estimation processes explained above, the collaborative robot market was split into several segments and subsegments. Data triangulation and market breakdown procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment. The data was triangulated by studying various factors and trends from both the demand and supply sides for collaborative robots.

Report Objectives

  • To describe and forecast the collaborative robot market, based on payload, component, application, and industry
  • To describe and forecast the market size, for four main regions: North America, Europe, APAC, and RoW
  • To provide detailed information regarding drivers, restraints, opportunities, and challenges influencing the growth of the collaborative robot market
  • To provide an overview of the value chain pertaining to the collaborative robot ecosystem
  • To strategically analyze micromarkets with respect to individual growth trends, business prospects, and contribution to the total collaborative robot market
  • To analyze opportunities in the market for various stakeholders by identifying high-growth segments of the collaborative robot market

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the collaborative robot market report:

Product Analysis

  • Product matrix that gives a detailed comparison of the product portfolio of each company

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)
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Benchmarking the rapid strategy shifts of the Top 100 companies in the Collaborative Robot (Cobot) Market

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