Global Collaborative Robots Market 2020-2024

Global Collaborative Robots Market 2020-2024

Technavio has been monitoring the collaborative robots market and it is poised to grow by $ 6.83 bn during 2020-2024 progressing at a CAGR of 51% during the forecast period. Our reports on collaborative robots market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increased adoption rate in SME sector and advantages of collaborative robots over industrial robots.

The collaborative robots market analysis includes application segment and geographic landscapes

Technavio's collaborative robots market is segmented as below:

By Application

  • Material handling
  • Assembly
  • Inspection and testing
  • Welding
  • Painting and dispensing
By Geographic Landscapes
  • Europe
  • APAC
  • North America
  • South America
  • MEA
This study identifies the acquisitions and strategic partnerships among key market players as one of the prime reasons driving the collaborative robots market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our collaborative robots market covers the following areas:
  • Collaborative robots market sizing
  • Collaborative robots market forecast
  • Collaborative robots market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading collaborative robots market vendors that include ABB Ltd., FANUC Corp., Festo SE & Co. KG, Hans Laser Technology Industry Group Co. Ltd., Kawasaki Heavy Industries Ltd., Midea Group Co. Ltd., Robert Bosch GmbH, Staubli International AG, Teradyne Inc., and Yaskawa Electric Corp.. Also, the collaborative robots market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value Chain Analysis: Industrial machinery
      • Inputs
      • Inbound logistics
      • Operations
      • Outbound logistics
      • Marketing and sales
      • Aftermarket and service
      • Industry innovations:
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019-2024 ($ million)
      • Table Global market: Year-over-year growth 2019-2024 (%)
  • Five Forces Analysis
    • Five Forces Summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Application
    • Market segments
      • Table Application - Market share 2019-2024 (%)
    • Comparison by Application
      • Table Comparison by Application
    • Material handling - Market size and forecast 2019- 2024
      • Table Material handling - Market size and forecast 2019-2024 ($ million)
      • Table Material handling - Year-over-year growth 2019-2024 (%)
    • Assembly - Market size and forecast 2019-2024
      • Table Assembly - Market size and forecast 2019-2024 ($ million)
      • Table Assembly - Year-over-year growth 2019-2024 (%)
    • Inspection and testing - Market size and forecast 2019-2024
      • Table Inspection and testing - Market size and forecast 2019-2024 ($ million)
      • Table Inspection and testing - Year-over-year growth 2019-2024 (%)
    • Welding - Market size and forecast 2019-2024
      • Table Welding - Market size and forecast 2019-2024 ($ million)
      • Table Welding - Year-over-year growth 2019-2024 (%)
    • Painting and dispensing - Market size and forecast 2019-2024
      • Table Painting and dispensing - Market size and forecast 2019-2024 ($ million)
      • Table Painting and dispensing - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application
  • Market Segment by End-user
    • Automotive industry
    • Electronics and semiconductor
    • Metal industry
    • Rubber and plastics industry
    • F&B industry
  • Customer Landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table North America - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers – Demand led growth
      • Increased adoption rate in SME sector
      • Advantages of collaborative robots over industrial robots
      • Acquisitions and strategic partnerships among key market players
    • Market challenges
      • Regulatory hurdles faced by vendors
      • Traditional industrial robots equipped with required safety systems
      • Threat to new sales due to rise in rental services
        • Table Impact of drivers and challenges
    • Market trends
      • Technological advances in grippers
      • Advances in vision systems
      • Increasing adoption of IIoT
  • Vendor Landscape
    • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ABB Ltd.
      • Table ABB Ltd. - Overview
      • Table ABB Ltd. - Business segments
      • Table ABB Ltd. - Key news
      • Table ABB Ltd. - Key offerings
      • Table ABB Ltd. - Segment focus
    • FANUC Corp.
      • Table FANUC Corp. - Overview
      • Table FANUC Corp. - Business segments
      • Table FANUC Corp. - Key offerings
      • Table FANUC Corp. - Segment focus
    • Festo SE & Co. KG
      • Table Festo SE & Co. KG - Overview
      • Table Festo SE & Co. KG - Product and service
      • Table Festo SE & Co. KG - Key offerings
    • Hans Laser Technology Industry Group Co. Ltd.
      • Table Hans Laser Technology Industry Group Co. Ltd. - Overview
      • Table Hans Laser Technology Industry Group Co. Ltd. - Product and service
      • Table Hans Laser Technology Industry Group Co. Ltd. - Key offerings
    • Kawasaki Heavy Industries Ltd.
      • Table Kawasaki Heavy Industries Ltd. - Overview
      • Table Kawasaki Heavy Industries Ltd. - Business segments
      • Table Kawasaki Heavy Industries Ltd. - Key offerings
      • Table Kawasaki Heavy Industries Ltd. - Segment focus
    • Midea Group Co. Ltd.
      • Table Midea Group Co. Ltd. - Overview
      • Table Midea Group Co. Ltd. - Business segments
      • Table Midea Group Co. Ltd. - Key news
      • Table Midea Group Co. Ltd. - Key offerings
    • Robert Bosch GmbH
      • Table Robert Bosch GmbH - Overview
      • Table Robert Bosch GmbH - Business segments
      • Table Robert Bosch GmbH - Key offerings
      • Table Robert Bosch GmbH - Segment focus
    • Staubli International AG
      • Table Staubli International AG - Overview
      • Table Staubli International AG - Product and service
      • Table Staubli International AG - Key offerings
    • Teradyne Inc.
      • Table Teradyne Inc. - Overview
      • Table Teradyne Inc. - Business segments
      • Table Teradyne Inc. - Key news
      • Table Teradyne Inc. - Key offerings
      • Table Teradyne Inc. - Segment focus
    • Yaskawa Electric Corp.
      • Table Yaskawa Electric Corp. - Overview
      • Table Yaskawa Electric Corp. - Business segments
      • Table Yaskawa Electric Corp. - Key offerings
      • Table Yaskawa Electric Corp. - Segment focus
  • Appendix
    • Scope of the report
      • Objectives
      • Notes and Caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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