Global Collaborative Robot (Cobot) Sales Market Report 2021

As a kind of robot designed to interact with humans at close range in a common working space, collaborative robots can make robots and humans work together on the production line, so that robots can completely get rid of the shackles of guardrails or cages, and give full play to the robot’s Efficiency and human intelligence. This kind of machine can balance the necessity of safety with the demand for flexible productivity.
After years of cultivation, the Chinese market has gradually become one of the growth engines of global collaborative robots. The growth rate of the collaborative robot market in China in the past few years has reached approximately 65%.
At present, the major global manufacturers include Universal Robots, Daming, ABB, Kawasaki, KUKA, FANUC, Jika and AUBO, etc. The main manufacturers in the 2019 report account for approximately 96% of the market. It is expected that industry competition will become more intense in the next few years. , Especially in the Chinese market.
From the perspective of product market applications, the application of 3C electronics occupies most of the market share of collaborative robots. The market share reached about 32% in 2019, and it is expected that the market share will reach 30% in 2026.
From the perspective of product types, 5-10 kg occupies most of the market share of collaborative robots. Other types include under 5 kg and over 10 kg.
It can be used in the automotive, electronics, metal and processing, plastic box polymers, and food and beverage industries.

Market Analysis and Insights: Global Collaborative Robot (Cobot) Market
The global Collaborative Robot (Cobot) market was valued at US$ 778.8 in 2020 and will reach US$ 1512.6 million by the end of 2027, growing at a CAGR of 11.7% during 2022-2027.

Global Collaborative Robot (Cobot) Scope and Market Size
The global Collaborative Robot (Cobot) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Collaborative Robot (Cobot) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

Segment by Type
Below 5 kg
5-10 kg
More Than 10 kg

Segment by Application
Automobile
IT
Metal and Processing
Plastics and Polymers
Food and Beverage
Others

The Collaborative Robot (Cobot) market is analysed and market size information is provided by regions (countries). Segment by Application, the Collaborative Robot (Cobot) market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company
Universal Robots
TM-Robot
ABB
Kawasaki
KUKA
FANUC
JAKA
AUBO
Doosan Robotics
Precise Automation
Hansrobot
YTEAM
Productive Robotics
Megarobo