Press release
Collaborative Robots Market Key Growth Drivers and Size Forecast to 2031
global collaborative robot market is estimated to grow at a CAGR of over 40% during the forecast period. The key players that are dominating the global collaborative robot market include ABB Group, Hyundai Robotics, a division of Hyundai Heavy Industries Holdings, FANUC Corp., Yaskawa Electric Corp., KUKA AG, and EPSON Robots, among others. The companies are constantly contributing to attracting customers and staying competitive in the global collaborative robot industry. For instance, in May 2023, Universal Robots announced a new partnership with Denali Advanced Integration. This partnership combines industry-leading technology with industry-leading services. The combination of Denali, an experienced IT/OT partner, with Universal Robots, allows them to bring the best automation designs to customers while driving a strong return on their technology investments.Download Full PDF Sample Copy of Collaborative Robots Market Report @ https://www.omrglobal.com/request-sample/collaborative-robot-market
Moreover, in June 2022, Doosan announced a new expansion of the Doosan Robotics business unit that focuses on servicing and selling robots in different industrial markets. Along with the announcement of Doosan Robotics Americas, a new line of collaborative robots is being added to the existing product line that promises some new, innovative ways to bring humans and industrial machines closer together. These robots are specifically designed to work alongside humans in the food and beverage industries, entertainment, and content creation, at home, or even at the office. In February 2020, the NRI-2.0 program builds upon the original National Robotics Initiative (NRI) program to support fundamental research in the US that accelerate the development and use of collaborative robots (co-robots). The focus of the NRI-2.0 program is on ubiquity, which in this context means the seamless integration of co-robots to assist humans in every aspect of life.
Inquiry Before Buying On The Purchase Of This Report @ https://www.omrglobal.com/inquiry-before-buying/collaborative-robot-market
In addition, an increase in automation in various industries such as automotive manufacturing companies, favorable government policies and regulations, rapid technological advancements, and a rise in demand for robots globally drives the market growth. Sales of industrial robots in India reached a new record of 4,945 units installed in 2022, an increase of 54% compared to 2021 according to the International Federation of Robotics (IFR). The automotive industry remains the largest customer for the robotics industry in India with a share of 31% in 2021.
Market Coverage
• Segment Covered-
o By Application
o By Vertical
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- ABB Group, Hyundai Robotics, a division of Hyundai Heavy Industries Holdings, FANUC Corp., Yaskawa Electric Corp., KUKA AG, EPSON Robots, and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Collaborative Robots Market Report Segment
By Application
Handling
Assembling and Disassembling
Processing
Others
By Vertical
Automotive
Food & Beverage
Metal & Machinery
Electrical & Electronics
Chemical, Rubber, and Plastics
Others
Reasons to Buying From us -
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Information or Query, Visit @ https://www.omrglobal.com/industry-reports/collaborative-robot-market
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Collaborative Robots Market Key Growth Drivers and Size Forecast to 2031 here
News-ID: 3825689 • Views: …
More Releases from Orion Market Research

Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sust …
Hair accessories market was valued at $23.8 billion in 2024 and is projected to reach $55.2 billion in 2035, growing at a CAGR of 8.2% during the forecast period (2025-2035). Generation Z, with significant disposable income, is transforming the hair accessories category in a major way. Their close connection to trends creates a unique feeling of urgency to self-express through fashion, such as clips, scrunchies, and barrettes. It has become…

Railway Management System Market Size Analysis, Competitive Insights, Leading Pl …
Railway System (or Railway Management System) market was valued at approximately USD 28.28 billion, and it is expected to reach about USD 45.19 billion by 2033, growing at a CAGR of around 4.8% from 2024 to 2033.
Railway Management System Market Overview
The Railway Management System market includes technologies and systems used to plan, monitor, and manage railway operations-everything from traffic and signaling systems to asset and maintenance management, passenger information,…

Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Player …
Monocalcium Phosphate market was valued at about USD 4.2 billion, and it is anticipated to reach around USD 6.9 billion by 2033, growing at a CAGR of approximately 5% from 2023 to 2033.
Monocalcium Phosphate Market Overview
Monocalcium phosphate (MCP) is a calcium-phosphorus compound widely used in animal feed, fertilizers, and also in food and beverage applications (for example as leavening agent or acidity regulator), due to its solubility and bioavailability. The…

Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Player …
Automotive Lubricants Market was valued at approximately USD 70.44 billion. By 2033, it is expected to reach around USD 107.09 billion, growing at a CAGR of about 3.3% from 2025 to 2033.
Automotive Lubricants Market Overview
The automotive lubricants market consists of products like engine oils, gear oils, greases, hydraulic fluids, and transmission fluids that reduce friction, wear and tear, and improve efficiency and lifespan of vehicle components. Demand is driven by…
More Releases for Robots
Fully Autonomous Robots: Revolutionizing the Construction Robots Market
The construction industry is on the cusp of a technological revolution, driven by the rise of robotics and automation. Within this rapidly evolving landscape, fully autonomous robots are emerging as a game-changer, poised to reshape how we design, build, and maintain our built environment. These robots leverage cutting-edge technologies like artificial intelligence (AI), machine learning, and advanced sensors to perform tasks with minimal human intervention, leading to increased efficiency, safety,…
Warehouse Robotics Market 2023| Bases on Products- Mobile Robots, Articulated Ro …
The Warehouse Robotics Market is a dynamic and growing segment within the food industry, characterized by the production and distribution of freshly made pasta products. With consumers increasingly seeking high-quality, artisanal, and convenient meal options, the Warehouse Robotics market has witnessed a surge in demand. It encompasses a wide range of pasta varieties, from traditional favorites like spaghetti and fettuccine to innovative, gourmet creations. The market's scope extends across both…
Pharmaceutical Robots Market 2021 Scope by Type (Traditional Robots (Articulated …
Pharmaceutical Robots Market report has been structured after a thorough study of various key market segments like market size, latest trends, market threats and key drivers which drives the market. This market study report has been prepared with the use of in-depth qualitative analysis of the global market. The report displays a fresh market research study that explores several significant facets related to Pharmaceutical Robots Market covering industry environment, segmentation…
Packaging Robots : Robots that Make Packaging Easier
Packaging robots are robotics system used for packaging purposes and reduce labor cost and package time. These packaging robots are flexible and can easily integrate into workspace. Packaging robots are type of industrial robots are used for packaging applications in manufacturing facilities for operations such as filling, primary packaging, placing, picking, palletizing, and de-palletizing.
Packaging robots provide a variety of benefits including reduced part package time, labor cost reduction, and…
Emotional Therapy Robots Market Key Players - BeatBotsPARO RobotsSoftbank Group, …
"Emotional Therapy Robots Market Overview: Introduction
Decisive Markets Insights brings out report on Global Emotional Therapy Robots Market. The comprehensive report presents clear foresight of the booming market owing to the expanding consumer base and technological advancement. Experts predicts the business to grow at a value of USD xx billion during 2020 – 2025 at a steady compounded annual growth of rate (CAGR) of x%, over the…
Global Medical Robots Market (Surgical Robots, Rehabilitation Robots, Telepresen …
The new and innovative report of the Medical Robots Market research has been published by Report Consultant to give desired insights to drive the growth of businesses. The report comprises the summarized data of the current scenario as well as predictions about the upcoming trends.
A medical robot is a robot used in the medical sciences. They include surgical robots. These are in most tele-manipulators, which use the surgeon's actions on…