Global Collaborative Robots Market Size & Outlook

The collaborative robots industry worldwide is expected to reach a projected revenue of US$ 11,039.0 million by 2030. A compound annual growth rate of 32% is expected of the worldwide collaborative robots industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,580.2
Forecast, 2030 (US$M)
$11,039.0
CAGR, 2024 - 2030
32%
Report Coverage
Worldwide

Global collaborative robots market, 2017-2030 (US$M)

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Global collaborative robots market highlights

  • The global collaborative robots market generated a revenue of USD 1,580.2 million in 2023 and is expected to reach USD 11,039.0 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 32% by 2030.
  • In terms of segment, assembly accounted for a revenue of USD 368.5 million in 2023.
  • Packaging is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.
  • Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 1,580.2 million
Market revenue in 2030USD 11,039.0 million
Growth rate32% (CAGR from 2023 to 2030)
Largest segmentAssembly
Fastest growing segmentPackaging
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAssembly, Packaging, Pick & Place, Handling, Quality Testing, Machine Tending, Gluing & Welding

Other key industry trends

  • In terms of revenue, the North America accounted for 25.8% of the global collaborative robots market in 2023.
  • By country, the Japan is projected to lead the global market in terms of revenue in 2030.
  • By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 15.1 million by 2030.

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Collaborative Robots Market Scope

Collaborative robots market segmentation & scope
Logistics and Warehousing
Cold Storage
Transportation
Wholesale & Distribution
Cross-Docking
Trailer Loading and Unloading
Raw Material Handling
Others
Regions
Latin America
Europe
North America
Middle East & Africa
Asia Pacific
Countries
Canada
U.S.
Germany
UK
France
Japan
India
China
Australia
South Korea
Brazil
Mexico
Saudi Arabia
UAE
South Africa

Collaborative Robots Market Companies

Name Profile # Employees HQ Website

Global collaborative robots market outlook

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.


  • Global Collaborative Robots Application Outlook (Revenue, USD Million, 2017-2030)
    • Logistics and Warehousing
      • Cold Storage
      • Transportation
      • Wholesale & Distribution
      • Cross-Docking
    • Assembly
    • Packaging
    • Trailer Loading and Unloading
    • Raw Material Handling
    • Others
    • Pick & Place
    • Handling
    • Quality Testing
    • Machine Tending
    • Gluing & Welding
  • Global Collaborative Robots End Use Outlook (Revenue, USD Million, 2017-2030)
    • Automotive
    • Electronics
    • Pharmaceuticals
    • Others
  • Global Collaborative Robots Payload Capacity Outlook (Revenue, USD Million, 2017-2030)
    • Upto 5kg
    • Upto 10kg
    • Above 10kg

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Target buyers of Global collaborative robots market databook

  • Our clientele includes a mix of collaborative robots market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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.

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Global collaborative robots market size, by region, 2017-2030 (US$M)

Top 10 countries: Collaborative robots market size, 2023 (US$M)

Global collaborative robots market share, by application, 2023 & 2030 (%, US$M)

Collaborative robots market: Opportunity assessment by country

Global collaborative robots market, by region, 2023 (US$M)

Global collaborative robots market size, by region, 2017-2030 (US$M)

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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