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Market revenue in 2023 | USD 1,580.2 million |
Market revenue in 2030 | USD 11,039.0 million |
Growth rate | 32% (CAGR from 2023 to 2030) |
Largest segment | Assembly |
Fastest growing segment | Packaging |
Historical data covered | 2017 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Assembly, Packaging, Pick & Place, Handling, Quality Testing, Machine Tending, Gluing & Welding |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to collaborative robots market will help companies and investors design strategic landscapes.
Assembly was the largest segment with a revenue share of 23.32% in 2023. Horizon Databook has segmented the Global collaborative robots market based on assembly, packaging, pick & place, handling, quality testing, machine tending, gluing & welding covering the revenue growth of each sub-segment from 2017 to 2030.
Horizon Databook provides a detailed overview of global-level data and insights on the Global collaborative robots market , including forecasts for subscribers. This global databook contains high-level insights into Global collaborative robots market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Application | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Latin America | 24.2 | 41.1 | 61.4 | 52.1 | 57.7 | 67.5 | 82.4 | 107.2 | 142.5 | 186.5 | 240.5 | 304.7 | 373.0 | 435.9 | 25.6% |
Europe | 113.8 | 198.6 | 306.1 | 268.1 | 306.6 | 371.6 | 471.2 | 629.8 | 860.1 | 1,156.9 | 1,533.8 | 1,998.2 | 2,534.6 | 3,136.2 | 31.0% |
North America | 102.5 | 177.7 | 272.3 | 236.9 | 269.4 | 323.9 | 407.4 | 541.3 | 734.9 | 982.7 | 1,295.2 | 1,677.4 | 2,115.2 | 2,602.0 | 30.2% |
MEA | 8.3 | 13.7 | 19.9 | 15.1 | 16.4 | 20.0 | 24.7 | 31.7 | 40.8 | 50.4 | 59.4 | 65.8 | 68.8 | 72.9 | 17.1% |
Asia Pacific | 112.1 | 204.4 | 328.9 | 301.7 | 358.3 | 451.2 | 594.5 | 816.6 | 1,146.2 | 1,584.5 | 2,159.0 | 2,890.6 | 3,768.3 | 4,792.0 | 34.0% |
Overall | 360.9 | 635.4 | 988.6 | 873.9 | 1,008.4 | 1,234.1 | 1,580.2 | 2,126.6 | 2,924.5 | 3,960.9 | 5,287.9 | 6,936.6 | 8,859.8 | 11,039.0 | 32.0% |
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