Global Collaborative Robots (COBOTS) Market Analysis, 2020

Global Collaborative Robots (COBOTS) Market Analysis, 2020

By Application (Material Handling, Automotive, Parts Assembling, CNC Machine Tending, Testing & Inspection, Molding, Polishing, Assembling and Disassembling, Adhesion & Welding, Metals & Machining, Ot Read more

  • ICT & Electronics
  • Mar 2020
  • 178
  • IT22002

Cobots, or collaborative robots, are robots specifically designed for direct human-robot interaction within a shared space, or where humans and robots are in close proximity.

According to MarkNtel Advisors’ research report titled “Global Collaborative Robots (Cobots) Market Analysis, 2020”, the market size of Global Collaborative Robots market in terms of value is forecast to grow at a CAGR of around 45% during 2020-25, owing to the increasing investments by the manufacturers on automation of processes, market expansion across geographies and the business sectors, and converting their conventional processes into unmanned, automated processes. Furthermore, the technological advantages of the Cobots over the traditional industrial robots in terms of efficient human-machine interface (HMI), one-stop solution, and non-restricted, multi-variant functionalities across varied application areas has been boosting the Global Collaborative Robots market.

Rising Traction Toward Automation Driving Heavy Sales of Cobots in Automotive Industry
The demand for industrial collaborative robots is expected to grow across the different end user industries in the years to come, as a result of operational advantages witnessed by the verticals in terms of high return on investments (ROI), easy assembling of the industrial products, higher assistance to the workforce, improved production efficiency, reducing operational cost, as revealed by Markntel Advisors’ research report on “Global Collaborative Robots (Cobots) Market Analysis, 2020”.  In 2019, the automotive sector held the largest market share in the global Cobots market, followed by electrical and electronics industry. The increasing adoption of the automation in the automotive industry with the main focus toward reducing time & cost and convenient material handling is spurring the market for robotic material handling equipment in the automotive industry.

However, despite their high intelligence and improved functionality, the Cobots lack the ability of cognitive learning, based on the unpredictable human behavior and thought, which is creating a restriction to develop a true collaborative environment. Also, the stringent rules and standards designed by the International Organization for Standards, and the American National Standards Institute regarding the human-robot collaborative operations, specifying the speed, power, stopped-state monitoring, and hand guiding are limiting high-speed operational efficiency of the Cobots.

Assembling and Disassembling Application Segment Holding the Leading Position

The Assembly and Disassembling application of the Collaborative Robots market is expected to attain the highest CAGR during the forecast period and maintain its significant market share. However, with the integration of the AI and machine learning tools in cobots, the other application segments such as testing and inspection, molding and polishing segment are expected to grow in the near future. Also, due to the high pay load capacity of the Cobots, the demand for the collaborative robotic material handling equipment is increasing in the aligned industries, that would surge the market size of the Global Collaborative Robots market.

According to MarkNtel Advisors, the key market players in the Collaborative Robots Markets with substantial market share includes ABB, AUBO Robotics, Bosch Rexroth AG, F&P Robotics, Comau, Denso Robotics, Fanuc, Kuka, Nachi Robotic, Precise Automation, etc. 

Key Questions Answered in the Market Research Report 

  1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Collaborative Robots (COBOTs) Market?
  2. What are the region wise industry size, growth drivers and challenges key market trends?
  3. What are the key innovations, technology upgrades, opportunities, regulations in the Global Collaborative Robots (COBOTs) Market?  
  4. Who are the key competitors or market players and how they perform in Global Collaborative Robots (COBOTs) Market on the basis of competitive benchmarking matrix?
  5. What are the key results derived from the market surveys conducted during the course of Global Collaborative Robots (COBOTs) Market study?   

Market Outlook, Segmentation and Statistics 

  • Market Size & Analysis
    • By Units Sold
    • By Revenues
  • Market Share & Analysis
    • By Application
      • Material Handling
      • Pick and Place
      • Packaging
      • Machine Tending
      • Parts Assembling
      • CNC Machine Tending
      • Testing & Inspection
      • Molding
      • Polishing
      • Assembling and Disassembling
      • Screw Driving
      • Nut Fastening
      • Adhesion & Welding
      • Metals & Machining
      • Others
    • By Payload
      • Upto 5 Kg
      • 5 to 10 Kg
      • More than 10 Kg
    • By Industry
      • Food & Beverages
      • Automotive
      • Healthcare & Pharmaceuticals
      • Aerospace & Defense
      • Metallurgy
      • Chemicals
      • Electronic & Electrical Manufacturing
      • Automobiles
      • Others
    • By Region
      • North America
        • United states
        • Canada
        • Mexico
      • South America
        • Brazil
      • Europe
        • Germany
        • United Kingdom
        • France
        • Italy
        • Denmark
        • Norway
        • Sweden
        • Austria
        • Netherland
        • Poland
        • Spain
        • Russia
        • Czech Republic
        • Slovakia
        • Hungary
        • Romania
      • Middle East & Africa
        • Saudi Arabia
        • South Africa
      • Asia-Pacific
        • China
        • India
        • South Korea
        • Australia
        • Japan
        • Malaysia
        • Singapore
        • Sri Lanka
    • By Company
      • Revenue Shares
      • Strategic Factorial Indexing
      • Competitor Placement in Markntel Quadrant
  • Global Collaborative Robots (COBOTs) Market Business Case
    • By Industry
      • Food & Beverages
      • Healthcare & Pharmaceuticals
      • Aerospace & Defense
      • Metallurgy
      • Chemicals
      • Electronic & Electrical Manufacturing
      • Auto Manufacturing
  • North America Collaborative Robots (COBOTs) Market Outlook, 2015-2025F (USD Million)
  • South America Collaborative Robots (COBOTs) Market Outlook, 2015-2025F (USD Million)
  • Europe Collaborative Robots (COBOTs) Market Outlook, 2015-2025F (USD Million)
  • Middle East & Africa Collaborative Robots (COBOTs) Market Outlook, 2015-2025F (USD Million)
  • Asia-Pacific Collaborative Robots (COBOTs) Market Outlook, 2015-2025F (USD Million)
  • Global Collaborative Robots (COBOTs) Market Policies, Regulations, Product Standard
  • Global Collaborative Robots (COBOTs) Market Intellectual Property Rights Analysis
  • Global Collaborative Robots (COBOTs) Market Hotspots & Opportunities
  • Competition Outlook
    • Competition Matrix
    • Company Profiles

Frequently Asked Questions 

Q. What is the historical year, base year and forecast year considered in the research report on Global Collaborative Robots (COBOTs) Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecast up-to 2025.

Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million, while the market volume is measured in terms of units sold (Thousand). 

Q. What would be the growth rate or CAGR of Global Collaborative Robots (COBOTs) Market during 2020-25?
A. The growth rate of of Global Collaborative Robots (COBOTs) Market during 2020-25 is forecast to be around 45%.

Q. Which region would grab the highest market share during 2020-25?
A. It is forecast that Asia-Pacific will dominate the market with majority market share, with market size registering considerably higher CAGR.

Q. Who are the key competitors or players operating in Global Collaborative Robots (COBOTs) Market? 
A.  ABB, AUBO Robotics, Bosch Rexroth AG, F&P Robotics, Comau, Denso Robotics, Fanuc, Kuka, Nachi Robotic, Precise Automation, Productive Robotics, Rethink Robotics, Seiko Epson, Techman, Yaskawa Motoman, Universal Robots, Automata Technologies, Doosan Robotics, Hanwha Group, MABI Robotic, Stäubli International are few of the leading players in the Global Collaborative Robots (COBOTs) Market.

Q. Which Application segment would emerge as an opportunity area for players in Global Collaborative Robots (COBOTs) Market?
A. The Assembly and Disassembling application of the collaborative robots is expected to attain the highest CAGR during the forecast period and maintain its significant market share.

Q. Which Sector would emerge as an opportunity area for players in Global Collaborative Robots (COBOTs) Market?
A. The automobile sector grabbed a significant market share continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of Global Collaborative Robots (COBOTs) Market.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Glossary
    4. Market Segmentation
  2. Executive Summary
  3. Expert Verbatim- Interview Excerpts of 10 industry experts
  4. Global Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
    1. Market Size & Analysis
      1. By Units Sold
      2. By Revenues
    2. Market Share & Analysis
      1. By Application
        1. Material Handling
          1. Pick and Place
          2. Packaging
          3. Machine Tending
        2. Parts Assembling
        3. CNC Machine Tending
        4. Testing & Inspection
        5. Molding
        6. Polishing
        7. Assembling and Disassembling
          1. Screw Driving
          2. Nut Fastening
        8. Adhesion & Welding
        9. Metals & Machining
        10. Others
      2. By Payload
        1. Upto 5 Kg
        2. 5 to 10 Kg
        3. More than 10 Kg
      3. By Industry
        1. Food & Beverages
        2. Automotive
        3. Healthcare & Pharmaceuticals
        4. Aerospace & Defense
        5. Metallurgy
        6. Chemicals
        7. Electronic & Electrical Manufacturing
        8. Automobiles
        9. Others
      4. By Region
        1. North America
        2. Latin America
        3. Europe
        4. Middle East & Africa
        5. Asia Pacific
      5. By Company
  5. North America Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
    1. Market Size & Analysis
      1. By Units Sold
      2. By Revenues
    2. Market Share & Analysis
      1. By Application
      2. By Payload
      3. By Industry
      4. By Country
    3. The US Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    4. Canada Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    5. Mexico Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
  6. Europe Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
    1. Market Size & Analysis
      1. By Units Sold
      2. By Revenues
    2. Market Share & Analysis
      1. By Application
      2. By Payload
      3. By Industry
      4. By Country
    3. Germany Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    4. France Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    5. The UK Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    6. Denmark Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    7. Norway Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    8. Sweden Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    9. Austria Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    10. The Netherlands Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    11. Italy Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    12. Spain Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    13. Russia Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    14. Poland Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    15. Czech Republic Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    16. Slovakia Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    17. Hungary Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    18. Romania Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
  7. Asia Pacific Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
    1. Market Size & Analysis
      1. By Units Sold
      2. By Revenues
    2. Market Share & Analysis
      1. By Application
      2. By Payload
      3. By Industry
      4. By Country
    3. China Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    4. Japan Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    5. South Korea Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    6. India Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    7. Malaysia Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    8. Australia Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    9. Singapore Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    10. Sri Lanka Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
  8. Middle East & Africa Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
    1. Market Size & Analysis
      1. By Units Sold
      2. By Revenues
    2. Market Share & Analysis
      1. By Application
      2. By Payload
      3. By Industry
      4. By Country
    3. Saudi Arabia Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
    4. South Africa Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
  9. Latin America Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
    1. Market Size & Analysis
      1. By Units Sold
      2. By Revenues
    2. Market Share & Analysis
      1. By Application
      2. By Payload
      3. By Industry
      4. By Country
    3. Brazil Collaborative Robots (COBOTs) Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. By Units Sold
        2. By Revenues
  10. Global Collaborative Robots (COBOTs) Market Business Cases
    1. By Industry
      1. Food & Beverages
      2. Healthcare & Pharmaceuticals
      3. Aerospace & Defense
      4. Metallurgy
      5. Chemicals
      6. Electronic & Electrical Manufacturing
      7. Auto Manufacturing
  11. Global Collaborative Robots (COBOTs) Market Dynamics
    1. Drivers
    2. Challenges
    3. Impact Analysis
  12. Global Collaborative Robots (COBOTS) Maket Trends & Insights
  13. Global Collaborative Robots (COBOTs) Market Regulations, Product Standards
  14. Global Collaborative Robots (COBOTs) Market Value Chain Analysis
  15. Global Collaborative Robots (COBOTs) Market Intellectual Property Rights Analysis
  16. Global Collaborative Robots (COBOTs) Market Hotspots & Opportunities
  17. Competition Outlook
    1. Competitor Wise Growth Strategies
      1. Product Portfolio
      2. Brand Specialization
      3. Target Markets
      4. Research & Development
      5. Strategic Alliances & Initiatives
    2. Company Profiles
      1. ABB
      2. AUBO Robotics
      3. Bosch Rexroth AG
      4.   F&P Robotics
      5. Comau
      6. Denso Robotics
      7. Fanuc
      8. Kuka
      9. Nachi Robotic
      10. Precise Automation
      11. Productive Robotics
      12. Rethink Robotics
      13. Seiko Epson
      14. Techman
      15. Yaskawa Motoman
      16. Universal Robots
      17. Automata Technologies
      18. Doosan Robotics
      19. Hanwha Group
      20. MABI Robotic
      21. Stäubli International
  18. Disclaimer
Global Collaborative Robots (COBOTS) Market Segmentation