The global collaborative robot market size was estimated at USD 2.14 billion in 2024 and is projected to reach USD 11.64 billion by 2030, growing at a CAGR of 31.6% from 2025 to 2030. Market growth is primarily driven by the rising demand for automation across industries such as manufacturing, healthcare, automotive, and logistics.
Companies are increasingly seeking cost-effective and flexible automation solutions to enhance productivity and minimize human errors. Collaborative robots, or cobots, provide a significant advantage by working safely alongside humans—enhancing efficiency without requiring costly safety enclosures. This feature is fostering broader adoption of cobots across industries, further propelling market expansion in the coming years.
The growing emphasis on workplace safety is another key factor driving cobot deployment. Designed with integrated safety features, cobots can operate in close proximity to human workers without extensive safety barriers. This not only enhances worker safety but also improves ergonomics by handling repetitive or physically demanding tasks, thereby reducing the risk of injuries and increasing overall workforce productivity. This trend is expected to continue supporting market growth over the forecast period.
Furthermore, the market is experiencing increased adoption across diverse sectors such as automotive, electronics, healthcare, and food processing. Each of these industries recognizes the operational advantages of integrating cobots—whether it’s boosting assembly line efficiency in automotive manufacturing or enhancing quality control in electronics production. The wide applicability and flexibility of cobots are driving their demand as companies pursue tailored automation solutions that align with their specific operational needs.
Key Market Trends & Insights
- The Asia Pacific collaborative robot market accounted for the largest revenue share of over 38% in 2024.
- The U.S. dominated the North American collaborative robot market in 2024.
- By payload capacity, the up to 5 kg segment captured the largest market share of over 43% in 2024.
- By application, the assembly segment held the largest share in 2024.
- By industry vertical, the automotive segment led the market in 2024, driven by extensive automation adoption.
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Market Size & Forecast
- 2024 Market Size: USD 2.14 Billion
- 2030 Projected Market Size: USD 11.64 Billion
- CAGR (2025–2030): 31.6%
- Asia Pacific: Largest market in 2024
Competitive Landscape
The global collaborative robot market features a mix of established leaders and emerging players pursuing innovation, partnerships, and technological advancement to strengthen their market positions.
ABB Group and KUKA AG are among the key players shaping the competitive landscape.
- ABB Group operates across power, robotics, and automation technologies with four major divisions: electrification products, discrete automation and motion, process automation, and power grids. Its product portfolio includes collaborative robots such as YuMi, GoFa, and SWIFTI, supported by a strong global presence across North America, South America, Asia Pacific, Europe, and the Middle East & Africa.
- KUKA AG, headquartered in Germany, is a leading provider of intelligent automation solutions. The company focuses on the development, production, and sale of industrial robots, controllers, and software, serving industries such as manufacturing and logistics. Its main business units include KUKA Industries, KUKA Robotics, KUKA Systems, and Swisslog.
Emerging participants such as Energid Technologies Corporation and Fanuc Corporation are also contributing to market innovation.
- Energid Technologies Corporation (acquired by Teradyne, Inc.) develops advanced robotic systems and software, serving industries including aerospace, agriculture, defense, transportation, and healthcare. Its patented software platform, Actin, is designed for commercial, industrial, and mission-oriented robotics applications.
- Fanuc Corporation is a prominent provider of automation products and services, including robots, robotic machines, CNC systems, servo motors, and laser products. The company focuses on large-scale production and global distribution of robotic and CNC solutions.
Key Companies Profiled
- ABB Group
- DENSO Corporation
- Epson America Inc.
- AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD
- Comau S.p.A.
- Energid Technologies Corporation
- Fanuc Corporation
- KUKA AG
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Conclusion
The global collaborative robot market is experiencing rapid growth, fueled by the increasing demand for intelligent and flexible automation across industries. With rising focus on workplace safety, cost efficiency, and operational productivity, cobots are becoming a crucial component of modern industrial systems. Their ability to work safely alongside humans while improving efficiency positions them as a key driver of the next wave of industrial automation. Supported by strong adoption in automotive and manufacturing sectors, and led by technological innovation from global players like ABB, KUKA, and Fanuc, the collaborative robot market is set to achieve remarkable growth through 2030.
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