Global Collaborative Robots Market Size & Outlook
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 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 |
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 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
- Logistics and Warehousing
- 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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Our clientele includes a mix of collaborative robots market companies, investment firms, advisory firms & academic institutions.
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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)
Related regional statistics
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