Collaborative Robots Market Analysis, Size, and Growth (2023-2030)
Collaborative Robots Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 1.53 Billion |
Market Size by 2031 | US$ 11.81 Billion |
Global CAGR (2023 - 2031) | 29.1% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Payload
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Collaborative Robots Market News and Recent Developments
The collaborative robots market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the collaborative robots market are listed below:
- Techman Robot collaborated with NVIDIA’s Isaac Sim platform to develop digital twin that enhanced the efficiency of robot production line inspection. This collaboration aims to reduce robot programming time by 70% and cycle time by 20%, resulting in significant time and cost savings. (Source: Techman Robot Inc, Company Website, June 2023).
- Doosan Robotics, a global leader in collaborative robot manufacturing, introduced E-SERIES, an NSF-certified collaborative robot line designed exclusively for the food and beverage (F&B) market. It was established to assist in transforming the food and beverage industry by providing fast solutions to labor shortages and boosting work efficiencies. Its 5kg payload and approximately 3ft reach (900mm) gave enough capability to accomplish any meal duty. (Source: Doosan Robotic Inc, Company Website, April 2023).
Collaborative Robots Market Report Coverage and Deliverables
The “Collaborative Robots Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:
- Collaborative robots market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Collaborative robots market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Collaborative robots market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the collaborative robots market
- Detailed company profiles