U.S. Collaborative Robots Market To Reach $1,329.1 Million By 2030

U.S. Collaborative Robots Market Growth & Trends

The U.S. collaborative robots market size is anticipated to reach USD 1,329.1 million by 2030, exhibiting a CAGR of 29.9% over the forecast period, according to a new report published by Grand View Research, Inc. The collaborative robot market in the U.S. has been experiencing strong growth in the forecast period. The growth is expected to continue due to the increasing demand for automation and flexibility in manufacturing processes, advancements in collaborative robot technology, and the need for safer working conditions for employees.

Collaborative robots, also known as cobots, are designed to work alongside human workers, assisting with tasks that require speed, precision, and accuracy while also improving overall productivity and efficiency in the workplace. Companies are incorporating cobots into their operations in parallel with the development of low-cost, simplistic robotic technology. As this technology is becoming more widely available and accessible, it will be broadly used across a wide range of industries.

A collaborative robot is equipped with advanced sensors and vision systems that allow them to detect and respond to the presence of human workers in real time. These systems ensure that the robots can collaborate safely with humans without causing harm or injuries. These robots are equipped with machine learning and AI capabilities, which enable them to adapt to changing environments and learn from their interactions with humans.

This allows them to perform a broader range of tasks more efficiently and accurately. Mobile collaborative robots are becoming more common, allowing them to move around and perform tasks in different parts of the factory or warehouses. These robots have advanced navigation and obstacle avoidance systems that allow them to operate safely and efficiently in dynamic environments.

Cloud connectivity is an important technological advancement in the market; it enables the robot to connect with the internet and access cloud-based services and applications such as analytics, machine learning, and artificial intelligence. This connectivity allows manufacturers to collect and analyze data from their robots which can be used to optimize production processes, improve quality control, and reduce downtime.

Cloud connectivity enables cobots to communicate with other robots and systems across the factory or warehouse, creating a more interconnected and efficient production environment. For example, robots can share data on their status and location, enabling them to work together more effectively and reducing the risk of collisions and accidents.

It also allows manufacturers to monitor and control their cobots remotely. This can be particularly useful for companies with multiple sites or facilities, enabling them to manage their robots from a central location. Remote monitoring also enables companies to quickly identify and diagnose problems with their robots, reducing downtime and improving productivity.

The market is competitive with many players vying for market share. The companies have a unique market strategy, which helps them differentiate themselves from their competitors. Few companies offer a wide range of industrial robots, including collaborative robots. They strongly focus on innovation and invest heavily in R&D. Alongside companies also focus strongly on quality and reliability. They have a global distribution network, a wide range of cobots, and expertise in providing automation solutions for different industries.

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U.S. Collaborative Robots Market Report Highlights 

• The gluing and welding application segment is anticipated to witness the fastest CAGR of over 31% from 2023 to 2030. These robots are a cost-effective solution for automating tasks, are flexible working, and are easily reprogrammed for different tasks making them a versatile solution for manufacturers

• The automotive industry segment is expected to register the fastest CAGR from 2023 to 2030. These robots are used to work safely alongside human workers, making them well-suited for the automotive industry, where many manual tasks can be automated

• The up to 5 kg payload capacity segment acquired a higher revenue share in 2022 due to the increasing demand for automation in various industries, including automotive, electronics, and healthcare, which is driving the adoption of cobots

• The major players in the market include Universal Robots, ABB, KUKA Robotics, and FANUC Corporation, among others. These companies invest heavily in R&D to develop a more advanced and sophisticated collaborative robot that can perform complex tasks with greater precision and efficiency

U.S. Collaborative Robots Market Segmentation

Grand View Research has segmented the U.S. collaborative robots market based on payload capacity, application, and industry

U.S. Collaborative Robots Payload Capacity Outlook (Revenue, USD Million, 2018 - 2030)

• Up to 5Kg

• Up to 10Kg

• Above 10Kg

U.S. Collaborative Robots Application Outlook (Revenue, USD Million, 2018 - 2030)

• Assembly

• Pick and Place

• Handling

• Packaging

• Quality Testing

• Machine Tending

• Gluing and Welding

• Others

U.S. Collaborative Robots Industry Outlook (Revenue, USD Million, 2018 - 2030)

• Automotive

• Food & Beverage

• Furniture & Equipment

• Plastic & Polymers

• Metal & Machinery

• Electronics

• Pharma

• Others

List of Key Players in the U.S. Collaborative Robots Market

• ABB Group

• AUBO Robotics

• Comau S.p.A.

• Denso Robotics

• Energrid Technologies Corporation

• EPSON Robots

• F&P Robotics AG

• Fanuc Corporation

• Franka Emika GmbH

• KUKA AG

• MABI Robotics AG

• MRK-Systeme GmbH

• Precise Automation Inc.

• Rethink Robotics Inc.

• Robert Bosch GmbH

• Techman Robot Inc.

• Universal Robots A/S

• Yaskawa Electric Corporation