Cobots Market Size, Share, Growth, Sales Revenue and Key Driver

  • The global cobots Market is expected to reach USD 9342.8 Million by 2027, according to a new report by Emergen Research. Cobots or Collaborative robots are revolutionizing the human-robot interactions in various end-user industries, including automotive manufacturing, electronics, food & beverage, plastics & polymers, furniture & equipment, healthcare, and logistics industries, among others. Cobots help by functioning side-by-side the human workforce, thereby reducing cost, time, and floor space when compared to traditional robots. Cobots find extensive usage in applications that require precision and helps in achieving a faster return on investment (ROI). For instance, the Franka Emika Panda cobot can perform its operations with a precision of 0.1 mm, as well as its does not stray from its activities and will continuously function with the specified constraints such as in case of the task associated screw tightening, cobots will always accomplish it with the identical pressure and tension ascertaining quality consistency.

    The Cobots report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.

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    The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Cobots market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

    The leading market contenders listed in the report are:

    FANUC, Aubo Robotics, Universal Robots, Yaskawa, KUKA, Techman Robot, Precise Automation, ABB, Rethink Robotics, and Doosan Robotics

    The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.

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    Market Overview:

    The report bifurcates the Cobots market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

    Segments Covered in this report are:

    • Payload Capacity Outlook (Revenue, USD Billion; 2017-2027)

      • Less than 5 Kg
      • 5 Kg to 10 Kg
      • Above 10 Kg



    • Application Outlook (Revenue, USD Billion; 2017-2027)

      • Handling
      • Assembling & Disassembling
      • Dispensing
      • Welding & Soldering
      • Processing
      • Others



    • End Users Outlook (Revenue, USD Billion; 2017-2027)

      • Automotive
      • Electronics
      • Plastics & Polymers
      • Furniture & Equipment
      • Metals & Machining
      • Food & Beverages
      • Healthcare
      • Others



    The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.

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    Regional Analysis Covers:

    North America (U.S., Canada)
    Europe (U.K., Italy, Germany, France, Rest of EU)
    Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
    Latin America (Chile, Brazil, Argentina, Rest of Latin America)
    Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

    Key reasons to buy the Global Cobots Market report:

    1. The latest report comprehensively studies the global Cobots market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
    2. The report offers an insightful analysis of the regional outlook of the market.
    3. It offers a detailed account of the end-use applications of the products & services offered by this industry.
    4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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