Global Collaborative Robot Market Size, Share, and COVID-19 Impact Analysis, By Payload Capacity (Up to 5Kg, Up to 10Kg, and Above 10Kg), By Application (Assembly, Pick & Place, Handling, Packaging, Quality Testing, Machine Tending, Gluing & Welding, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 - 2035

Global Collaborative Robot Market Insights Forecasts to 2035

• The Global Collaborative Robot Market Size Was Estimated at USD 2.24 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 31.8% from 2025 to 2035
• The Worldwide Collaborative Robot Market Size is Expected to Reach USD 46.7 Billion by2035
• Asia Pacific is expected to grow the fastest during the forecast period.

According to a research report published by Spherical Insights and Consulting, the global Collaborative Robot market size was worth around USD 2.24 Billion in 2024 and is predicted to grow to around USD 46.7 Billion by 2035 with a compound annual growth rate (CAGR) of 31.8% from 2025 to 2035. The growing need for automation in a number of industries, including manufacturing, healthcare, automotive, and logistics, is the main factor propelling the market's expansion.

Market Overview

The Global Collaborative Robot Market Size  involves robots designed to work safely alongside humans in shared workspaces, enhancing productivity, flexibility, and efficiency across manufacturing, logistics, healthcare, and various industrial applications. The market for collaborative robots, or cobots, is expanding rapidly due to the growing need for flexible, affordable automation solutions that boost output and lower human error. Cobots are particularly appealing to small and medium-sized businesses (SMEs) since they offer a higher return on investment (ROI) than traditional industrial robots because of their cheaper initial costs, ease of programming, and rapid deployment. Cobot capabilities are being improved by developments in artificial intelligence (AI), machine learning, and 5G integration, allowing them to carry out challenging jobs with increased efficiency and safety. Adoption of cobots is also aided by the increased focus on ergonomics and workplace safety since they work safely alongside people and lessen physical strain. Cobots are also being used by a variety of industries, including food processing, electronics, automotive, and healthcare, to maximise output, quality assurance, and operational flexibility. This broad applicability across industries is anticipated to drive significant market expansion.

With a precision of up to 0.03 mm, ABB Robotics (ABB Group) unveiled its new Ultra Accuracy feature for the GoFa collaborative robot series in September 2024. This feature offers more than 10 times the route accuracy of ordinary cobots. This invention satisfies the growing need for high-precision automation in sectors including metal manufacturing, electronics, automotive, and aerospace, where exact placement is crucial for high-quality products.

Report Coverage

This research report categorizes the collaborative robot market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the collaborative robot market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the collaborative robot market. 

Driving Factors

The market for collaborative robots is growing quickly as a result of increased automation demand brought on by labour issues, efficiency, and flexibility. Because they can operate securely alongside people and readily adjust to changing production needs, cobots increase productivity. Adoption is further accelerated by the increased focus on ergonomics and worker safety, which is reinforced by cutting-edge safety measures like torque and velocity restriction. Cobots are crucial to contemporary, adaptable manufacturing settings because industries like electronics, semiconductors, and automotive are rapidly incorporating them for high accuracy, customization, and operational efficiency.

Restraining Factors

Compared to traditional robots, the collaborative robot market is constrained by issues like expensive initial investment prices, limited payload and speed capabilities, and complicated system integration. Widespread adoption is also hampered by worries about data security, a shortage of qualified operators, and regulatory issues pertaining to human-robot collaboration, particularly among small and medium-sized businesses.

Market Segmentation

The Collaborative Robot market share is classified into payload capacity and application.

• The up to 5Kg segment dominated the market in 2024, approximately 43% and is projected to grow at a substantial CAGR during the forecast period.

Based on the payload capacity, the collaborative robot market is divided into up to 5Kg, up to 10Kg, and above 10Kg. Among these, the up to 5Kg segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The development can be attributed to the growing number of smartphone users and data-intensive applications, which are driving up demand for improved in-building wireless access. The need for seamless indoor payload capacity has grown as buildings become more intelligent and networked. These requirements are met by indoor DAS systems, which offer dependable wireless payload capacity inside these structures.

• The assembly segment accounted for the largest share in 2024, approximately 35% and is anticipated to grow at a significant CAGR during the forecast period.

Based on the application, the collaborative robot market is divided into assembly, pick & place, handling, packaging, quality testing, machine tending, gluing & welding, and others. Among these, the assembly segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. Motivated by the growing use of collaborative robotics, or cobots, for jobs like part fitting, bolting, and nut driving. This increase is mostly due to the growing need for automation across a number of industries, especially in the manufacturing of electronics and automobiles, where cobots increase output and lower the danger of workplace accidents. The segmental expansion is anticipated to be greatly aided by this trend.

Regional Segment Analysis of the Collaborative Robot Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share with approximately 46% of the Collaborative Robot market over the predicted timeframe.

North America is anticipated to hold the largest share of the collaborative robot market over the predicted timeframe. High labour expenses and a strong focus on workplace safety are responsible for the development. Collaborative robots are being used by businesses more and more to increase output while maintaining safety standards. Collaborative robots are a desirable alternative for increasing operational efficiency because of the region's advanced manufacturing sector, especially in the automotive and electronics industries, which contribute to the growing need for automation solutions. The U.S. market is expanding due to government backing for automation through a number of initiatives. Programs that support technical innovation and industrial automation give companies the tools and incentives they need to invest in robotic solutions. The advancement of robotics in the US economy depends on this assistance.

Asia Pacific is expected to grow the fastest market share with approximately 38% at a rapid CAGR in the collaborative robot market during the forecast period. The market is expanding due to significant expenditures in automation to preserve competitive advantages, as well as the growing industrial sector in nations like China and Japan. The market for collaborative robots in Japan is anticipated to expand quickly. distinguished for its sophisticated robotics technology and high degrees of automation in sectors like electronics and automobiles. Increased investment in collaborative robots that can safely and successfully operate alongside human operators is a result of the nation's ageing workforce, which pushes the need for more efficient production processes.  The market's expansion may be ascribed to the emergence of e-commerce logistics and the growing need for affordable automation solutions. Additionally, under programs like China's "Made in China 2025" policy, there is a push towards high-tech manufacturing.

Europe is expected to grow at a rapid CAGR in the collaborative robot market during the forecast period. Manufacturers are encouraged to include collaborative robots into their operations by the region's emphasis on Industry 4.0 technology, which is anticipated to further spur market expansion.The market for collaborative robots in the UK is anticipated to expand quickly due to an increasing focus on productivity improvement and innovation in a variety of industries. Investment in automation solutions, such as collaborative robots, which are increasingly viewed as crucial for preserving competitive edge in international markets, is encouraged by the government's support for modern manufacturing technology.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the collaborative robot market, along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• ABB Group
• DENSO Corporation
• Epson America Inc.
• AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD
• Comau S.p.A.
• Energid Technologies Corporation
• Fanuc Corporation
• KUKA AG
• Rethink Robotics GmbH
• Robert Bosch GmbH
• Techman Robot Inc.
• Universal Robots
• Yaskawa Electric Corporation
• Precise Automation, Inc
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In July 2024, KUKA introduced the "LBR iisy," a cooperative robot intended to enable people with no prior robotics knowledge. This cutting-edge robot has a strong emphasis on simplicity, with an easy setup procedure that enables speedy unboxing and commissioning even for individuals with little technical knowledge.

• In March 2024, Schneider Electric debuted its new line of collaborative robots at MODEX 2024, which includes the Lexium RL 3 and RL 12 models. The Lexium RL 18 will go on sale later this year. With its ability to operate up to 130 axes from a single CPU and their high-speed motion design, these robots help firms overcome production flexibility and sustainability issues.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the collaborative robot market based on the below-mentioned segments: 

Global Collaborative Robot Market, By Payload Capacity

• Up to 5Kg
• Up to 10Kg
• Above 10Kg

Global Collaborative Robot Market, By Application

• Assembly
• Pick & Place
• Handling
• Packaging
• Quality Testing
• Machine Tending
• Gluing & Welding
• Others

Global Collaborative Robot Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa