Collaborative Robot Market

The global collaborative robot market is projected to grow from USD 1.42 billion in 2025 to USD 3.38 billion by 2030, at a CAGR of 18.9% from 2025 to 2030. One of the key factors boosting demand for collaborative robots (cobots) is the increasing need for flexible automation across industries. Unlike traditional robots, cobots can be quickly programmed, reconfigured, and redeployed for various tasks, such as assembly, packaging, quality inspection, and machine tending, making them ideal for dynamic production environments. This flexibility enables manufacturers to respond swiftly to changing market demands, shorter product life cycles, and customized production. As businesses seek to improve efficiency while maintaining adaptability, cobots offer a scalable, cost-effective solution that supports continuous improvement and operational agility.

Universal Robots A/S (Denmark), FANUC CORPORATION (Japan), ABB (Switzerland), TECHMAN ROBOT INC. (Taiwan), AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD (China), KUKA AG (Germany), Doosan Robotics Inc. (South Korea), DENSO CORPORATION (Japan), YASKAWA ELECTRIC CORPORATION (Japan), Rethink Robotics (US) are the major players in the collaborative robot market. Market participants have increased their product offerings, expanding their global reach through strategic growth approaches, including product launches, collaborations, and partnerships. For instance, in February 2024, ABB and METTLER TOLEDO collaborated to propel the global adoption of flexible lab automation, seamlessly integrating ABB robots with METTLER TOLEDO’s LabX management software. This innovative solution enhanced automated laboratory workflows, addressing labor shortages and accelerating time-to-market across industries.

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Major Collaborative Robot Companies Include:

• Universal Robots A/S (Denmark)
• FANUC CORPORATION (Japan)
• ABB (Switzerland)
• TECHMAN ROBOT INC. (Taiwan)
• AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD (China)
• KUKA AG (Germany)
• Doosan Robotics Inc. (South Korea)
• DENSO CORPORATION (Japan)
• YASKAWA ELECTRIC CORPORATION (Japan)
• Rethink Robotics (US)

Universal Robots A/S (Denmark):

Universal Robots A/S is one of the leading developers and manufacturers of collaborative robots (cobots) designed to automate and optimize repetitive industrial tasks. Initially funded by Syddansk Innovation in Denmark, the company experienced a major shift in June 2015 when it was acquired by US-based automation firm Teradyne Inc. Specializing solely in cobots, Universal Robots serves a wide range of industries, including automotive, electronics, metal, food & beverages, plastics, medical, and education. The company’s portfolio includes robot arms such as the UR3e, UR5e, UR10e, UR16e, UR20, and UR30—each named after its payload capacity in kilograms. Its offerings are used across various applications, such as palletizing, welding, assembly, material handling, finishing, dispensing, quality inspection, and machine tending. The latest model, UR30, is a compact yet high-performance cobot, featuring a 30 kg payload-carrying capacity and a 1,300 mm reach. Built on the UR20 platform, it excels in high-torque tasks such as screw driving, heavy-load palletizing, and multi-gripper machine tending in tight spaces. Universal Robots also offers the UR+ Solutions platform, integrating plug-and-play accessories and software from partners such as Robotiq, Zimmer Group, PIAB, ATI, SICK, and Vention, enhancing the cobots’ versatility and ease of deployment.

FANUC CORPORATION (Japan):

FANUC CORPORATION (FANUC) is one of the global leaders in factory automation (FA), integrating advanced technologies such as numerical controls (NCs), lasers, and robotics. The company applies IoT and AI innovations across its portfolio, which includes FA systems, industrial robots, and Robomachines. FANUC delivers various automation solutions, including CNC systems, servo motors, and lasers, to enhance productivity across multiple industries. FANUC’s cobots are known for their high payload capabilities, reaching 35 kg, above the industry average. Designed with rubberized exteriors to reduce collision impact, they also sport a signature neon green color for easy identification. The company launched its first cobot, the CR-35iA, in 2015 with a 35 kg payload and a 1,813 mm reach. FANUC has since expanded its lineup with compact models such as the CR-4iA (4 kg payload, 550 mm reach) and mid-range options including the CR-7iA and CR-7iA/L (7 kg payload). Currently, FANUC offers seven cobots under the CR Series, catering to diverse automation needs.

Company Ranking

The collaborative robot market is consolidated, with leading players, such as Universal Robots A/S (Denmark), FANUC CORPORATION (Japan), ABB (Switzerland), TECHMAN ROBOT INC. (Taiwan), and AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD (China), collectively accounting for approximately 52–64% of the market share. Universal Robots A/S (Denmark) exclusively focuses on cobot development and has a diverse product portfolio tailored to various industrial applications. At the same time, FANUC Corporation (Japan) leverages its substantial presence in factory automation and robotics to expand its cobot offerings. AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD. (China) is known for its competitive pricing and expanding footprint across emerging markets. ABB (Switzerland) is well-known for its broader industrial automation focus and growing interest in collaborative solutions. Techman Robot (Taiwan) is known for its vision-integrated cobots. As a result, there is high competition among leading firms, with opportunities for innovation, regional expansion, and application-specific advancements likely to shape future market dynamics.

Related Reports:

Collaborative Robot Market by Payload (Less than 5 kg, 5-10 kg, 11-25 kg, More than 25 kg), Component (Hardware, Software), Application (Handling, Assembling & Disassembling, Dispensing, Processing), Industry and Region - Global Forecast to 2030

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