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Collaborative Robots Market 2023 - Size, Share, Segments, Data, Growth, And Forecast
Collaborative Robots Market
Collaborative Robots Market Size, Growth Rate, And Forecast
The global collaborative robots market size is expected to grow from $1.99 billion in 2022 to $2.58 billion in 2023 at a compound annual growth rate (CAGR) of 29.3%. The global collaborative robots market size is expected to reach $7.11 billion in 2027 at a CAGR of 28.9%.
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Collaborative Robots Market Drivers
Rising labor costs are expected to propel the growth of the collaborative robots market. Accounting and finance experts consider labour costs as a significant variable when determining an organization's direct and indirect labour expenses. Rising labor costs would increase the adoption of collaborative robots as they would lower labor costs and solve the growing labor shortages.
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Collaborative Robots Market Segments
• By Component: Hardware, Software
• By Payload Capacity: Up to 5kg, Up to 10kg, Above 10kg
• By Application: Assembly, Pick And Place, Handling, Packaging, Quality Testing, Gluing And Welding, Other Applications
• By Vertical: Automotive, Food And Beverage, Furniture, Plastic And Polymers, Metal And Machinery, Electronics, Pharmaceuticals, Other Verticals
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Collaborative robots market.
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Collaborative Robots Market Key Players
Major competitors in the collaborative robots market include ABB Group, DENSO Robotics, Fanuc Corporation, KUKA AG, Precise Automation Inc., Rethink Robotics Inc., Robert Bosch GmbH, Universal Robots A/S, Yaskawa Electric Corporation, Techman Robot Inc., AUBO Robotics Technology Co Ltd., K2 Kinetics, MABI Robotic AG, Franks Emika Gmbh, F&P Robotics AG, NEURA Robotics GmbH, and Stäubli International AG.
The Business Research Company's "Global Collaborative Robots Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Collaborative Robots Market Include:
1. Executive Summary
2. Collaborative Robots Market Characteristics
3. Collaborative Robots Market Trends And Strategies
4. Collaborative Robots Market - Macro Economic Scenario
5. Collaborative Robots Market Size And Growth
……
26. Africa Collaborative Robots Market
27. Collaborative Robots Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Collaborative Robots Market
29. Collaborative Robots Market Future Outlook And Potential Analysis
30. Appendix
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