HOME Top Market Reports 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

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

By: marketsandmarkets.com
Publishing Date: September 2017
Report Code: SE 4480

 

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The collaborative robots market was valued at USD 176.7 Million in 2016 and is expected to reach USD 4.28 Billion by 2023, at a CAGR of 56.94% between 2017 and 2023. The base year considered for the study is 2016, and the market forecast has been done for the period between 2017 and 2023. The report aims at estimating the market size and future growth potential of the market based on payload capacity, application, industry, and geography. The report also aims at providing detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the global market. It strategically analyzes micromarkets with respect to the individual growth trends, prospects, and contributions to the total market.

The research methodology used to estimate and forecast the collaborative robots market begins with capturing data on revenues of the key vendors in the market through secondary research. Some of the secondary sources used in this research include International Federation of Robotics (IFR), Robotic Industries Association (RIA), Robotics Business Review (RBR), European Clearing House for Open Robotics Development (ECHORD), International Journal of Robotics Research, Tokyo Opensource Robotics Kyokai Association (TORK), EUnited Robotics: European Robotics Association, Robotiq, Association for Advancing Automation (A3), and Robohub. The vendor offerings have also been taken into consideration to determine the market segmentation. To estimate the size of the global market, top down and bottom up approaches have been considered. This entire research methodology includes the study of annual and financial reports of top players, presentations, press releases, journals, paid databases, and interviews with industry experts. All the percentage splits and segment breakdown of the market are based on secondary and primary research. The breakdown of the profiles of primary respondents has been depicted in the below figure.

Collaborative Robots Market

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

Target Audience:

The intended audience for this report is as follows:

  • Collaborative robot and solution providers
  • Collaborative robot-related service providers
  • Collaborative robots material and accessory providers
  • Robot consulting companies
  • Collaborative robots assembly companies
  • Collaborative robots software providers
  • Collaborative robot-related associations, organizations, forums, and alliances
  • Government and corporate offices
  • Venture capitalists, private equity firms, and start-up companies
  • Distributors and traders
  • End users that want to know more about collaborative robots technology and the latest technological developments in the collaborative robots market

Scope of the Report:

The research report segments the collaborative robots market into the following segments:

  • By Payload Capacity
    • Up to 5 kg
    • Up to 10 kg
    • Above 10 kg
  • By Application
    • Assembly
    • Pick and Place
    • Machine Tending
    • Quality Testing
    • Handling
    • Packaging and Palletizing
    • Gluing and Welding
    • Others (lab analysis, painting and polishing, screw driving, injection molding, analysis and testing, press tending, and specimen processing)
  • By Industry
    • Automotive
    • Electronics
    • Metals & Machining
    • Plastics & Polymer
    • Food & Agriculture
    • Healthcare
    • Furniture & Equipment
    • Others (scientific research, logistics (3PL), education, consumer goods, and die cast and foundry robots)
  • By Geography
    • Europe
    • APAC
    • North America
    • RoW

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to 5)

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Study Objectives
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for Study
           1.3.4 Currency
    1.4 Package Size
    1.5 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Major Secondary Sources
                    2.1.1.2 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Primary Interviews With Experts
                    2.1.2.2 Breakdown of Primaries
                    2.1.2.3 Primary Sources
           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
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 33)
    4.1 Opportunities for Global Collaborative Robots Market
    4.2 Market, By Application, 2014–2023
    4.3 Market, By Payload Capacity and Region (2016)
    4.4 Market, By Industry
    4.5 Market, By Region
    4.6 Market, By Region (2016, 2017, and 2023)

5 Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 High Roi and Low Price of Collaborative Robots Attracting SMES
                    5.2.1.2 Increasing Investments in Automation By Industries
           5.2.2 Restraints
                    5.2.2.1 Lack of Capabilities Related to Faster Cycle Time and Repeatability
           5.2.3 Opportunities
                    5.2.3.1 High Potential for Robot Installations in Many Countries
                    5.2.3.2 Demand for High-Payload-Capacity Co-Bots
           5.2.4 Challenges
                    5.2.4.1 Addressing the Need to Safely Handle Industrial-Grade Operations
    5.3 Value Chain Analysis

6 Human–Robot Collaborative Operational Environment (Qualitative) (Page No. - 45)
    6.1 Introduction
    6.2 Safety-Rated Monitored Stop
    6.3 Hand Guiding
    6.4 Speed Reduction and SEPAration Monitoring
    6.5 Power and Force Limiting

7 Components of Collaborative Robots (Qualitative) (Page No. - 47)
    7.1 Introduction
    7.2 Hardware
           7.2.1 Controller
           7.2.2 End Effector
           7.2.3 Drive
           7.2.4 Sensor
           7.2.5 Others
    7.3 Software

8 Collaborative Robots Market, By Payload Capacity (Page No. - 50)
    8.1 Introduction
    8.2 Up to 5 Kg
    8.3 Between 5 and 10 Kg
    8.4 Above 10 Kg

9 Collaborative Robots Market, By Application (Page No. - 59)
    9.1 Introduction
    9.2 Assembly
    9.3 Pick and Place
    9.4 Handling
    9.5 Packaging and Palletizing
    9.6 Quality Testing
    9.7 Machine Tending
    9.8 Gluing and Welding
    9.9 Others

10 Collaborative Robots Market, By Industry (Page No. - 71)
     10.1 Introduction
     10.2 Automotive
     10.3 Electronics
     10.4 Metals and Machining
     10.5 Plastics and Polymer
     10.6 Food and Agriculture
     10.7 Furniture and Equipment
     10.8 Healthcare
     10.9 Others

11 Geographic Analysis (Page No. - 85)
     11.1 Introduction
     11.2 North America
             11.2.1 US
             11.2.2 Canada
             11.2.3 Mexico
     11.3 Europe
             11.3.1 Germany
             11.3.2 UK
             11.3.3 France
             11.3.4 Rest of Europe
     11.4 Asia Pacific
             11.4.1 Japan
             11.4.2 China
             11.4.3 South Korea
             11.4.4 India
             11.4.5 Rest of APAC
     11.5 RoW
             11.5.1 Middle East and Africa
             11.5.2 South America

12 Competitive Landscape (Page No. - 100)
     12.1 Introduction
     12.2 Market Share Analysis
     12.3 Competitive Leadership Mapping
             12.3.1 Visionary Leaders
             12.3.2 Dynamic Differentiators
             12.3.3 Innovators
             12.3.4 Emerging Companies
     12.4 Competitive Benchmarking
             12.4.1 Business Strategy Excellence (25 Companies)
             12.4.2 Strength of Product Portfolio (25 Companies)
25 Companies analyzed across this ecosystem are - Universal Robots A/S, ABB, Rethink Robotics, KUKA AG, FANUC Corporation, Robert Bosch GmbH, F&P Robotics AG, Precise Automation, Inc., Energid Technologies Corporation, MRK-Systeme GmbH, MABI AG, Quanta Storage Inc., Franka Emika GmbH, AUBO Robotics Inc., YASKAWA Electric Corporation, Comau S.p.A, KAWADA Robotics Corp., Life Robotics Inc., Stδubli International AG,  Nachi Robotic Systems, Productive Robotics, Automata Technologies Limited, Hanwha Techwin, Shenzhen Han’s Motor S&T Co., Robotiq
     12.5 Competitive Situations and Trends

13 Company Profiles (Page No. - 109)
     13.1 Introduction
(Overview, Products Offered, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments.)*
     13.2 ABB
     13.3 KUKA AG
     13.4 FANUC Corporation
     13.5 Robert Bosch GmbH
     13.6 Universal Robots A/S
     13.7 Rethink Robotics
     13.8 MRK-Systeme GmbH
     13.9 Precise Automation, Inc.
     13.1 Energid Technologies Corporation
     13.11 F&P Robotics AG
     13.12 Key Innovators

*Details on Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, Key Relationships Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 141)
     14.1 Insights of Industry Experts
     14.2 Discussion Guide
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Introducing RT: Real-Time Market Intelligence
     14.5 Available Customizations
     14.6 Related Reports
     14.7 Author Details


List of Tables (62 Tables)

Table 1 Collaborative Robots Market, By Application, 2014–2023 (USD Million)
Table 2 Market, By Payload Capacity, 2014–2023 (USD Million)
Table 3 Market, By Payload Capacity, 2014–2023 (Units)
Table 4 Market for Payload Capacity of Up to 5 Kg, By Industry, 2014–2023 (USD Million)
Table 5 Market for Payload Capacity of Up to 5 Kg, By Region, 2014–2023 (USD Million)
Table 6 Market for Payload Capacity of Up to 5 Kg, By Application, 2014–2023 (USD Million)
Table 7 Market for Payload Capacity Between 5 and 10 Kg,  By Industry, 2014–2023 (USD Million)
Table 8 Market for Payload Capacity Between 5 and 10 Kg,  By Region, 2014–2023 (USD Million)
Table 9 Collaborative Robots Market for Payload Capacity Between 5 and 10 Kg,  By Application, 2014–2023 (USD Million)
Table 10 Market for Payload Capacity of Above 10 Kg, By Industry, 2014–2023 (USD Million)
Table 11 Market for Payload Capacity of Above 10 Kg, By Region, 2014–2023 (USD Million)
Table 12 Market for Payload Capacity of Above 10 Kg, By Application, 2014–2023 (USD Million)
Table 13 Market, By Application, 2014–2023 (USD Million)
Table 14 Market, By Application, 2014–2023 (Units)
Table 15 Market for Assembly Application, By Payload Capacity, 2014–2023 (USD Million)
Table 16 Market for Assembly Application, By Payload Capacity, 2014–2023 (Units)
Table 17 Market for Pick and Place Application, By Payload Capacity, 2014–2023 (USD Million)
Table 18 Market for Pick and Place Application, By Payload Capacity, 2014–2023 (Units)
Table 19 Collaborative Robots Market for Handling Application, By Payload Capacity, 2014–2023 (USD Million)
Table 20 Market for Handling Application, By Payload Capacity, 2014–2023 (Units)
Table 21 Market for Packaging Application, By Payload Capacity, 2014–2023 (USD Million)
Table 22 Market for Packaging Application, By Payload Capacity, 2014–2023 (Units)
Table 23 Market for Quality Testing Application, By Payload Capacity, 2014–2023 (USD Million)
Table 24 Market for Quality Testing Application, By Payload Capacity, 2014–2023 (Units)
Table 25 Market for Machine Tending Application, By Payload Capacity, 2014–2023 (USD Million)
Table 26 Market for Machine Tending Application, By Payload Capacity, 2014–2023 (Units)
Table 27 Market for Gluing and Welding Application, By Payload Capacity, 2014–2023 (USD Million)
Table 28 Collaborative Robots Market for Gluing and Welding Application, By Payload Capacity, 2014–2023 (Units)
Table 29 Market for Other Applications, By Payload Capacity, 2014–2023 (USD Million)
Table 30 Market for Other Applications, By Payload Capacity, 2014–2023 (Units)
Table 31 Market, By Industry, 2014–2023 (USD Million)
Table 32 Market, By Industry, 2014–2023 (Units)
Table 33 Market for Automotive Industry, By Application,  2014–2023 (USD Million)
Table 34 Collaborative Robots Market for Automotive Industry, By Payload Capacity, 2014–2023 (USD Million)
Table 35 Market for Electronics Industry, By Application, 2014–2023 (USD Million)
Table 36 Market for Electronics Industry, By Payload Capacity, 2014–2023 (USD Million)
Table 37 Market for Metals and Machining Industry, By Application, 2014–2023 (USD Million)
Table 38 Market for Metals and Machining Industry, By Payload Capacity, 2014–2023 (USD Million)
Table 39 Market for Plastics and Polymer Industry,  By Application, 2014–2023 (USD Million)
Table 40 Market for Plastics and Polymer Industry, By Payload Capacity, 2014–2023 (USD Million)
Table 41 Market for Food and Agriculture Industry, By Application, 2014–2023 (USD Million)
Table 42 Collaborative Robots Market for Food and Agriculture Industry, By Payload Capacity, 2014–2023 (USD Million)
Table 43 Market for Furniture and Equipment Industry,  By Application, 2014–2023 (USD Million)
Table 44 Market for Furniture and Equipment Industry,  By Payload Capacity, 2014–2023 (USD Million)
Table 45 Market for Healthcare Industry, By Application,  2014–2023 (USD Million)
Table 46 Market for Healthcare Industry, By Payload Capacity, 2014–2023 (USD Million)
Table 47 Market for Other Industries, By Application,  2014–2023 (USD Million)
Table 48 Market for Other Industries, By Payload Capacity, 2014–2023 (USD Million)
Table 49 Collaborative Robots Market, By Region, 2014–2023 (USD Million)
Table 50 Market, By Region, 2014–2023 (Units)
Table 51 Market in North America, By Country, 2014–2023 (USD Million)
Table 52 Market in North America, By Country, 2014–2023 (Units)
Table 53 Collaborative Robots Market in North America, By Payload Capacity,  2014–2023 (USD Million)
Table 54 Market in Europe, By Country, 2014–2023 (USD Million)
Table 55 Market in Europe, By Country, 2014–2023 (Units)
Table 56 Market in Europe, By Payload Capacity, 2014–2023 (USD Million)
Table 57 Market in APAC, By Country, 2014–2023 (USD Million)
Table 58 Market in APAC, By Country, 2014–2023 (Units)
Table 59 Market in APAC, By Payload Capacity, 2014–2023 (USD Million)
Table 60 Market in RoW, By Region, 2014–2023 (USD Million)
Table 61 Market in RoW, By Region, 2014–2023 (Units)
Table 62 Collaborative Robots Market in RoW, By Payload Capacity, 2014–2023 (USD Million)
 
 
List of Figures (41 Figures)
 
Figure 1 Collaborative Robots Market Segmentation
Figure 2 Global Collaborative Robots Market, By Geography
Figure 3 Collaborative Robots Market: Research Design
Figure 4 Bottom-Up Approach
Figure 5 Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Assumptions for Research Study
Figure 8 Other Methodologies Used for Research Study
Figure 9 Above 10 Kg Payload Capacity Co-Bots Segment to Witness Highest Growth During Forecast Period
Figure 10 Market Snapshot (2017 vs 2023): Automotive Industry to Hold Largest Market Size During Forecast Period
Figure 11 Collaborative Robots Market, By Region, 2016
Figure 12 Attractive Opportunities for Market Between 2017 and 2023
Figure 13 Assembly, and Pick and Place Applications Expected to Continue to Lead Collaborative Robots, in Terms of Market Share, During Forecast Period
Figure 14 Collaborative Robots With Up to 5 Kg Payload Capacity Held Largest Share of Market in 2016
Figure 15 Automotive Industry Expected to Hold Largest Size of Collaborative Robots Market By 2023
Figure 16 APAC to Offer Potential Market for Collaborative Robots During Forecast Period
Figure 17 Europe Accounted for Largest Share of Collaborative Robots Market in 2016 and 2017
Figure 18 Drivers, Restraints, Opportunities, and Challenges for Collaborative Robots Market
Figure 19 Outlook of Demand and Supply of Workforce Across Key Countries By 2020
Figure 20 Comparison Between Market Sizes of Industrial Robots and Collaborative Robots Between 2017 and 2023
Figure 21 Market Value Chain Analysis: R&D Activities Contribute Maximum Value
Figure 22 Components of Collaborative Robots
Figure 23 Collaborative Robots Market, By Payload Capacity
Figure 24 Co-Bots With Up to 5 Kg Payload Capacity Expected to Lead Market, in Terms of Value, Till 2023
Figure 25 Collaborative Robots Market, By Application
Figure 26 Assembly, and Pick and Place Applications Accounted for ~42% Share of Collaborative Robots Market, in Terms of Value, in 2016
Figure 27 Collaborative Robots Market, By Industry
Figure 28 Market for Furniture and Equipment Industry Expected to Grow at Highest CAGR During Forecast Period
Figure 29 APAC Expected to Offer Potential Market for Collaborative Robots Between 2017 and 2023
Figure 30 North American Collaborative Robots Market
Figure 31 European Collaborative Robots Market
Figure 32 APAC Collaborative Robots Market
Figure 33 Market Players Adopted Product Launches as Key Growth Strategy Between 2015 and 2017
Figure 34 Collaborative Robots Market Share Analysis, 2016
Figure 35 Collaborative Robots Market (Global)  Competitive Leadership Mapping, 2017
Figure 36 Growth Strategies Adopted By Major Players in Market Between 2015 and 2017
Figure 37 Agreements, Partnerships, and Collaborations Emerged as Key Growth Strategies Adopted By Market Players Between 2015 and 2017
Figure 38 ABB: Company Snapshot
Figure 39 KUKA AG : Company Snapshot
Figure 40 FANUC Corporation: Company Snapshot
Figure 41 Robert Bosch GmbH: Company Snapshot

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. The market is expected to grow substantially owing to the significant traction from small and mid-sized enterprises (SMEs) worldwide because of recognizable benefits of co-bots; reduced total cost of ownership to buyers (compared with other low-payload industrial robots); and one-stop solution for safe working environment while offering advanced industrial automation solutions to end-user industries.

The collaborative robots market based on payload capacity has been segmented into up to 5 kg, up to 10 kg, and above 10 kg. On the basis of application, the market is segmented into assembly, pick and place, machine tending, quality testing, handling, packaging and palletizing, gluing and welding, lab analysis, painting and polishing, screw driving, and injection molding. Segmentation on the basis of industry includes electronics, automotive, metals and machining, plastics and polymer, food and agriculture, furniture and equipment, healthcare, scientific research, logistics (3PL), education, consumer goods, and die cast and foundry robots.

The co-bots with up to 5 kg payload capacity held the largest market size in 2016, and the same trend is expected to continue between 2017 and 2023. The growth of the market is mainly driven by the increasing demand for light as well as moderate payload capacity co-bots owing to their ease of deployment, high adaptability, affordability, and plug and play characteristics, which are some of the essential parameters that meet the demands of a large pool of SMEs.

The automotive industry accounted for the largest share of the collaborative robots market in 2016. Co-bots are used to perform diversified assembly tasks across the automotive industry. These robots are also used to perform other crucial tasks in the automotive production line pick and place, quality inspection, packaging and palletizing, machine tending, and material handling while offering safe working environment.

Collaborative Robots Market

In 2016, Europe led the market in terms of market share, followed by APAC and North America. Germany held the largest share of the European collaborative robots market, followed by the UK and France. The growth of the market in Europe was driven by strong government support to promote factory automation solutions, thus supporting Industry 4.0 drive. Many authorities in Europe have collectively or independently developed human–robot collaboration and protection guidelines, which are driving this market.

The market faces some challenges associated with addressing the need to safely handle industrial-grade operations. This report describes drivers, restraints, opportunities, and challenges pertaining to the collaborative robots market. Furthermore, it analyzes the current scenario and forecasts the market till 2023, including the market segmentation based on payload capacity, application, industry, and geography.

Some of the major companies in the collaborative robots market include ABB (Switzerland), KUKA AG (Germany), FANUC Corporation (Japan), Robert Bosch GmbH (Germany), Universal Robots A/S (Denmark), Rethink Robotics (US), MRK-Systeme GmbH (Germany), Precise Automation, Inc. (US), Energid Technologies Corporation (US), F&P Robotics AG (Switzerland), MABI AG (Switzerland), Techman Robot for Quanta Storage Inc. (Taiwan), Franka Emika GmbH (Germany), AUBO Robotics Inc. (US), YASKAWA Electric Corporation (Japan), Comau S.p.A (Italy), and KAWADA Robotics Corp. (Japan).

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