1	INTRODUCTION	36
1.1	STUDY OBJECTIVES	36
1.2	MARKET DEFINITION	36
1.3	SCOPE OF STUDY	37
1.3.1	MARKETS COVERED	37
FIGURE 1	COLLABORATIVE ROBOT (COBOT) MARKET: MARKET SEGMENTATION	37
1.3.2	REGIONAL SCOPE	37
1.3.3	YEARS CONSIDERED	38
1.3.4	INCLUSIONS AND EXCLUSIONS	38
1.4	CURRENCY CONSIDERED	39
1.5	STAKEHOLDERS	40
1.6	SUMMARY OF CHANGES	40
1.7	RECESSION ANALYSIS	41
FIGURE 2	GDP GROWTH PROJECTION TILL 2023 FOR MAJOR ECONOMIES	41
2	RESEARCH METHODOLOGY	42
2.1	RESEARCH DATA	42
FIGURE 3	COLLABORATIVE ROBOT (COBOT) MARKET: RESEARCH DESIGN	42
2.1.1	SECONDARY DATA	43
2.1.1.1	List of key secondary sources	43
2.1.1.2	Key data from secondary sources	44
2.1.2	PRIMARY DATA	44
2.1.2.1	Interviews with experts	44
2.1.2.2	Breakdown of primaries	45
2.1.3	SECONDARY AND PRIMARY RESEARCH	45
2.1.3.1	Key industry insights	46
2.2	MARKET SIZE ESTIMATION	46
FIGURE 4	MARKET SIZE ESTIMATION METHODOLOGY: REVENUE OF MARKET PLAYERS	46
2.2.1	BOTTOM-UP APPROACH	47
2.2.1.1	Approach to capture market size by bottom-up analysis (demand side)	47
FIGURE 5	MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH	48
2.2.2	TOP-DOWN APPROACH	48
2.2.2.1	Approach to capture market size using top-down analysis (supply side)	48
FIGURE 6	MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH	48
2.3	MARKET BREAKDOWN AND DATA TRIANGULATION	49
FIGURE 7	DATA TRIANGULATION	49
2.4	RESEARCH ASSUMPTIONS	50
2.5	RISK ASSESSMENT	50
2.5.1	IMPACT OF RECESSION	51
2.6	RESEARCH LIMITATIONS	51
3	EXECUTIVE SUMMARY	52
3.1	GROWTH RATE ASSUMPTIONS/GROWTH FORECAST	52
FIGURE 8	COBOTS WITH PAYLOAD CAPACITY OF UP TO 5 KG TO DOMINATE COLLABORATIVE ROBOT (COBOT) MARKET IN 2029	54
FIGURE 9	SOFTWARE COMPONENTS TO REGISTER HIGHER CAGR DURING FORECAST PERIOD	55
FIGURE 10	HANDLING SEGMENT TO LEAD COLLABORATIVE ROBOT (COBOT) MARKET IN 2029	56
FIGURE 11	ELECTRONICS INDUSTRY TO WITNESS FASTEST GROWTH DURING FORECAST PERIOD	57
FIGURE 12	ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF GLOBAL COLLABORATIVE ROBOT (COBOT) MARKET IN 2022	58
4	PREMIUM INSIGHTS	59
4.1	MAJOR OPPORTUNITIES FOR PLAYERS IN COLLABORATIVE ROBOT (COBOT) MARKET	59
FIGURE 13	INCREASED DEMAND FOR COBOTS IN AUTOMOTIVE AND ELECTRONICS INDUSTRIES TO FUEL MARKET GROWTH	59
4.2	COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD	59
FIGURE 14	MARKET FOR COLLABORATIVE ROBOTS WITH PAYLOAD CAPACITY OF MORE THAN 20 KG TO RECORD HIGHEST CAGR DURING FORECAST PERIOD	59
4.3	COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION	60
FIGURE 15	HANDLING APPLICATIONS TO BE LARGEST MARKET SEGMENT IN 2023	60
4.4	COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY	60
FIGURE 16	AUTOMOTIVE INDUSTRY TO HOLD LARGEST SHARE OF COLLABORATIVE ROBOT (COBOT) MARKET IN 2023	60
4.5	COLLABORATIVE ROBOT (COBOT) MARKET IN ASIA PACIFIC, BY INDUSTRY AND COUNTRY	61
FIGURE 17	AUTOMOTIVE SEGMENT AND CHINA ACCOUNTED FOR LARGEST SHARES OF COLLABORATIVE ROBOT (COBOT) MARKET IN 2022	61
4.6	COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY	61
FIGURE 18	COLLABORATIVE ROBOT (COBOT) MARKET IN INDIA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD	61
5	MARKET OVERVIEW	62
5.1	INTRODUCTION	62
5.2	MARKET DYNAMICS	62
FIGURE 19	COLLABORATIVE ROBOT (COBOT) MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES	62
5.2.1	DRIVERS	63
5.2.1.1	Higher return on investment than traditional industrial robotic systems	63
5.2.1.2	Increased demand in e-commerce and logistics sectors	64
FIGURE 20	GLOBAL E-COMMERCE SALES, BY COUNTRY, IN 2022	65
5.2.1.3	Significant benefits in businesses of all sizes	65
5.2.1.4	Easy programming of cobots	66
FIGURE 21	COLLABORATIVE ROBOT (COBOT) MARKET: DRIVERS AND THEIR IMPACT	66
5.2.2	RESTRAINTS	67
5.2.2.1	Higher preference for low-payload-capacity robots in heavy-duty industrial applications	67
FIGURE 22	COLLABORATIVE ROBOT (COBOT) MARKET: RESTRAINTS AND THEIR IMPACT	67
5.2.3	OPPORTUNITIES	68
5.2.3.1	Increasing focus of automation experts on pairing robotic arms with mobile platforms such as AMRs or AGVs	68
5.2.3.2	Growing number of subscriptions for Raas model	69
5.2.3.3	Eising demand for automation in healthcare industry	69
FIGURE 23	COLLABORATIVE ROBOT (COBOT) MARKET: OPPORTUNITIES AND THEIR IMPACT	70
5.2.4	CHALLENGES	70
5.2.4.1	Payload and speed limitations of collaborative robots owing to their inherent design	70
5.2.4.2	Difficulties in adapting to new standards and cybersecurity challenges related to connected robots	71
FIGURE 24	COLLABORATIVE ROBOT (COBOT) MARKET: CHALLENGES AND THEIR IMPACT	71
5.3	TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS	72
FIGURE 25	REVENUE SHIFT AND NEW REVENUE POCKETS FOR COLLABORATIVE ROBOT PROVIDERS	72
5.4	VALUE CHAIN ANALYSIS	72
FIGURE 26	VALUE CHAIN ANALYSIS: MAJOR VALUE ADDED DURING MANUFACTURING AND RESEARCH AND DEVELOPMENT STAGES	73
5.5	ECOSYSTEM MAPPING	76
FIGURE 27	ECOSYSTEM OF COLLABORATIVE ROBOTS	76
TABLE 1	COLLABORATIVE ROBOT (COBOT) MARKET: ECOSYSTEM	77
5.6	TECHNOLOGY ANALYSIS	78
5.6.1	KEY TECHNOLOGY	78
5.6.1.1	Integration of embedded vision with collaborative robots	78
5.6.1.2	Pairing of collaborative robots with mobile platforms	78
5.6.2	COMPLEMENTARY TECHNOLOGY	79
5.6.2.1	Penetration of IIoT and AI in industrial manufacturing	79
5.6.2.2	Adoption of innovative grippers in robotics manipulation	80
5.6.3	ADJACENT TECHNOLOGY	81
5.6.3.1	Penetration of 5G in industrial manufacturing	81
5.7	CASE STUDY ANALYSIS	82
5.7.1	AUTOMOTIVE MANUFACTURER DOUBLES PRODUCTIVITY WITH COBOTS	82
5.7.2	COBOTS HELP DELIVER UNCOMPROMISED QUALITY AND SAFETY TO GLOBAL LEADER IN CARDIAC SURGERY EQUIPMENT	82
5.7.3	COBOT HELPS DUTCH MANUFACTURER ACHIEVE SMART AUTOMATION	83
5.7.4	AUTOMOTIVE PARTS MANUFACTURER ENHANCES PRODUCTIVITY BY UTILIZING COBOTS	83
5.7.5	COBOTS HELP SHIPBUILDING PARTS MANUFACTURER TO ACHIEVE LOW-COST PRODUCTION THROUGH AUTOMATION	84
5.8	PATENT ANALYSIS	84
TABLE 2	PATENT REGISTRATIONS RELATED TO COLLABORATIVE ROBOT (COBOT) MARKET	84
FIGURE 28	NUMBER OF PATENTS GRANTED PER YEAR FROM 2013 TO 2023	89
FIGURE 29	TOP 10 COMPANIES WITH HIGHEST PERCENTAGE OF PATENT APPLICATIONS IN LAST 10 YEARS	89
TABLE 3	TOP 10 PATENT OWNERS IN US IN LAST 10 YEARS	90
5.9	TRADE ANALYSIS	90
5.9.1	IMPORT SCENARIO	91
5.9.1.1	Import scenario for industrial robots	91
TABLE 4	IMPORT DATA, BY COUNTRY, 2018–2022 (USD MILLION)	91
5.9.2	EXPORT SCENARIO	91
5.9.2.1	Export scenario for industrial robots	91
TABLE 5	EXPORT DATA, BY COUNTRY, 2018–2022 (USD MILLION)	92
5.9.3	TARIFF ANALYSIS	92
TABLE 6	MFN TARIFF FOR INDUSTRIAL ROBOTS, N.E.S., BY JAPAN, 2022	92
TABLE 7	MFN TARIFF FOR INDUSTRIAL ROBOTS, N.E.S., BY GERMANY, 2022	93
TABLE 8	MFN TARIFF FOR INDUSTRIAL ROBOTS, N.E.S., BY ITALY, 2022	93
5.10	KEY CONFERENCES AND EVENTS, 2023–2024	93
TABLE 9	COLLABORATIVE ROBOT (COBOT) MARKET: LIST OF CONFERENCES AND EVENTS	93
5.11	REGULATORY LANDSCAPE	94
5.11.1	REGULATORY COMPLIANCE	94
TABLE 10	NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	95
TABLE 11	EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	96
TABLE 12	ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	96
TABLE 13	ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	97
5.11.2	STANDARDS AND REGULATIONS RELATED TO COLLABORATIVE ROBOTS	97
TABLE 14	NORTH AMERICA: SAFETY STANDARDS FOR COLLABORATIVE ROBOTS	97
TABLE 15	EUROPE: SAFETY STANDARDS FOR COLLABORATIVE ROBOTS	98
TABLE 16	ASIA PACIFIC: SAFETY STANDARDS FOR COLLABORATIVE ROBOTS	98
TABLE 17	ROW: SAFETY STANDARDS FOR COLLABORATIVE ROBOTS	98
5.12	PORTER’S FIVE FORCES ANALYSIS	99
TABLE 18	COLLABORATIVE ROBOT (COBOT) MARKET: PORTER’S FIVE FORCES ANALYSIS	99
FIGURE 30	COLLABORATIVE ROBOT (COBOT) MARKET: PORTER’S FIVE FORCES ANALYSIS	100
5.12.1	THREAT OF NEW ENTRANTS	100
5.12.2	THREAT OF SUBSTITUTES	100
5.12.3	BARGAINING POWER OF SUPPLIERS	101
5.12.4	BARGAINING POWER OF BUYERS	101
5.12.5	INTENSITY OF COMPETITIVE RIVALRY	101
5.13	KEY STAKEHOLDERS AND BUYING CRITERIA	101
5.13.1	KEY STAKEHOLDERS IN BUYING PROCESS	101
FIGURE 31	INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES	101
TABLE 19	INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES (%)	102
5.13.2	BUYING CRITERIA	102
FIGURE 32	KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES	102
TABLE 20	KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES	102
5.14	PRICING ANALYSIS	103
TABLE 21	SELLING PRICE OF COLLABORATIVE ROBOTS	103
5.14.1	AVERAGE SELLING PRICE TREND	104
FIGURE 33	COLLABORATIVE ROBOT (COBOT) MARKET: AVERAGE SELLING PRICE OF COBOTS	104
TABLE 22	AVERAGE SELLING PRICE OF VARIOUS COLLABORATIVE ROBOTS BASED ON PAYLOAD CAPACITY	104
5.14.2	AVERAGE SELLING PRICE OF COLLABORATIVE ROBOTS OFFERED BY KEY PLAYERS, BY PAYLOAD	105
FIGURE 34	AVERAGE SELLING PRICE OF COLLABORATIVE ROBOTS OFFERED BY KEY PLAYERS, BY PAYLOAD	105
TABLE 23	AVERAGE SELLING PRICE OF COLLABORATIVE ROBOTS OFFERED BY KEY PLAYERS WITH VARIOUS PAYLOAD CAPACITIES (USD)	105
6	COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD	106
6.1	INTRODUCTION	107
FIGURE 35	COLLABORATIVE ROBOT (COBOT) MARKET: BY PAYLOAD	107
FIGURE 36	UP TO 5 KG SEGMENT TO HOLD LARGEST SHARE OF COLLABORATIVE ROBOT (COBOT) MARKET IN 2029	107
TABLE 24	COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2019–2022 (USD MILLION)	108
TABLE 25	COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2023–2029 (USD MILLION)	108
TABLE 26	COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2019–2022 (UNITS)	108
TABLE 27	COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2023–2029 (UNITS)	108
6.2	UP TO 5 KG	109
6.2.1	INHERENT SAFETY OF COBOTS WITH PAYLOAD CAPACITY BELOW 5 KG TO DRIVE MARKET	109
TABLE 28	COMPANIES OFFERING COBOTS WITH PAYLOAD CAPACITY UP TO 5 KG	110
TABLE 29	UP TO 5 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2019–2022 (USD MILLION)	110
TABLE 30	UP TO 5 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2023–2029 (USD MILLION)	111
TABLE 31	UP TO 5 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2019–2022 (UNITS)	111
TABLE 32	UP TO 5 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2023–2029 (UNITS)	111
TABLE 33	UP TO 5 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)	112
TABLE 34	UP TO 5 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2023–2029 (USD MILLION)	112
6.3	5–10 KG	113
6.3.1	UTILIZATION OF COBOTS WITH PAYLOAD CAPACITY OF 5–10 KG IN FACTORY AUTOMATION TASKS TO SUPPORT MARKET GROWTH	113
TABLE 35	COMPANIES OFFERING COBOTS WITH 5–10 KG PAYLOAD CAPACITY	114
TABLE 36	5–10 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2019–2022 (USD MILLION)	115
TABLE 37	5–10 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2023–2029 (USD MILLION)	115
TABLE 38	5–10 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2019–2022 (UNITS)	115
TABLE 39	5–10 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2023–2029 (UNITS)	116
TABLE 40	5–10 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)	116
TABLE 41	5–10 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2023–2029 (USD MILLION)	117
6.4	10–20 KG	118
6.4.1	DEPLOYMENT OF COBOTS WITH PAYLOAD CAPACITY OF 10–20 KG IN WIDE RANGE OF APPLICATIONS TO DRIVE MARKET	118
TABLE 42	COMPANIES OFFERING COBOTS WITH PAYLOAD CAPACITY OF 10–20 KG	119
TABLE 43	10–20 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2019–2022 (USD MILLION)	119
TABLE 44	10–20 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2023–2029 (USD MILLION)	120
TABLE 45	10–20 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2019–2022 (UNITS)	120
TABLE 46	10–20 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2023–2029 (UNITS)	120
TABLE 47	10–20 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)	121
TABLE 48	10–20 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2023–2029 (USD MILLION)	121
6.5	MORE THAN 20 KG	122
6.5.1	NEED FOR COBOTS WITH MORE THAN 20 KG PAYLOAD CAPACITY IN PHYSICALLY DEMANDING TASKS TO PROPEL MARKET	122
TABLE 49	COMPANIES OFFERING COBOTS WITH PAYLOAD CAPACITY OF MORE THAN 20 KG	123
TABLE 50	MORE THAN 20 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2019–2022 (USD MILLION)	123
TABLE 51	MORE THAN 20 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2023–2029 (USD MILLION)	123
TABLE 52	MORE THAN 20 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2019–2022 (UNITS)	124
TABLE 53	MORE THAN 20 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2023–2029 (UNITS)	124
TABLE 54	MORE THAN 20 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)	125
TABLE 55	MORE THAN 20 KG: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2023–2029 (USD MILLION)	125
7	COLLABORATIVE ROBOT (COBOT) MARKET, BY COMPONENT	126
7.1	INTRODUCTION	127
FIGURE 37	COLLABORATIVE ROBOT (COBOT) MARKET: BY COMPONENT	127
FIGURE 38	HARDWARE SEGMENT TO HOLD LARGEST SHARE OF COLLABORATIVE ROBOT (COBOT) MARKET DURING FORECAST PERIOD	127
TABLE 56	COLLABORATIVE ROBOT (COBOT) MARKET, BY COMPONENT, 2019–2022 (USD MILLION)	128
TABLE 57	COLLABORATIVE ROBOT (COBOT) MARKET, BY COMPONENT, 2023–2029 (USD MILLION)	128
7.2	HARDWARE	129
TABLE 58	COLLABORATIVE ROBOT (COBOT) MARKET, BY HARDWARE, 2019–2022 (USD MILLION)	129
TABLE 59	COLLABORATIVE ROBOT (COBOT) MARKET, BY HARDWARE, 2023–2029 (USD MILLION)	130
7.2.1	ROBOTIC ARMS	131
7.2.2	END EFFECTORS OR END OF ARM TOOLS (EOATS)	131
7.2.2.1	Welding guns	131
7.2.2.1.1	Ease of welding tasks due to hand guidance feature in collaborative robots	131
TABLE 60	ROBOTIC WELDING GUN MANUFACTURERS	132
7.2.2.2	Grippers	132
7.2.2.2.1	Pneumatic grippers	133
7.2.2.2.1.1	Requirement for external air supply to keep pneumatic grippers operational	133
7.2.2.2.2	Electric grippers	133
7.2.2.2.2.1	Ease of programming and operating to drive demand for electric grippers	133
TABLE 61	ELECTRIC GRIPPER MANUFACTURERS	134
7.2.2.2.3	Dexterous robotic hands	134
7.2.2.2.3.1	4-finger robotic hands suitable for collaborative applications	135
7.2.2.2.3.2	5-finger robotic hands used in combination with industrial and collaborative robotic arms	135
7.2.2.2.4	Vacuum grippers	135
7.2.2.2.4.1	Implementation of vacuum grippers to easily handle uneven and large area workpieces	135
7.2.2.2.5	Magnetic grippers	136
7.2.2.2.5.1	Use of magnetic grippers to handle smallest workpieces	136
TABLE 62	MAGNETIC GRIPPER MANUFACTURERS	136
7.2.2.3	Robotic screwdrivers	137
7.2.2.3.1	Ability of robotic screwdrivers to apply consistent torque during screwdriving	137
7.2.2.4	Sanding and deburring tools	137
7.2.2.4.1	Adoption of sanding and deburring tools to remove imperfections in objects	137
7.2.2.5	Others	138
7.2.3	DRIVES	138
7.2.3.1	Reliance on drives to convert electrical energy into mechanical energy	138
7.2.4	CONTROLLERS	138
7.2.4.1	Importance of controllers in enabling safe and effective human-robot collaboration	138
7.2.5	SENSORS	139
7.2.5.1	Employment of sensors help convert information into meaningful data	139
7.2.6	POWER SUPPLIES	139
7.2.6.1	Selecting suitable power supplies for cobots is crucial	139
7.2.7	MOTORS	139
7.2.7.1	Deployment of motors to power cobots using rotational or linear force	139
7.2.8	OTHERS	140
7.3	SOFTWARE	140
7.3.1	STRONG FOCUS OF COBOT MANUFACTURERS ON DEVELOPING INTUITIVE PROGRAMMING SOFTWARE	140
8	COLLABORATIVE (COBOT) ROBOT MARKET, BY APPLICATION	142
8.1	INTRODUCTION	143
FIGURE 39	COLLABORATIVE ROBOT (COBOT) MARKET: BY APPLICATION	143
TABLE 63	COLLABORATIVE ROBOT (COBOT) MARKET RANKING ANALYSIS, BY APPLICATION	144
FIGURE 40	HANDLING APPLICATIONS TO HOLD LARGEST SHARE OF COLLABORATIVE ROBOT (COBOT) MARKET DURING FORECAST PERIOD	144
TABLE 64	COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2019–2022 (USD MILLION)	145
TABLE 65	COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2023–2029 (USD MILLION)	145
TABLE 66	COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2019–2022 (UNITS)	145
TABLE 67	COLLABORATIVE ROBOT (COBOT) MARKET, BY APPLICATION, 2023–2029 (UNITS)	146
8.2	HANDLING	147
TABLE 68	COMPANIES OFFERING COLLABORATIVE ROBOTS FOR HANDLING APPLICATIONS	147
TABLE 69	HANDLING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2019–2022 (USD MILLION)	147
TABLE 70	HANDLING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2023–2029 (USD MILLION)	148
TABLE 71	HANDLING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2019–2022 (UNITS)	148
TABLE 72	HANDLING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2023–2029 (UNITS)	148
8.2.1	PICK-AND-PLACE	149
8.2.1.1	Pick-and-place tasks easiest to program for first-time users	149
8.2.2	MATERIAL HANDLING	149
8.2.2.1	Technological advancements to increase capabilities of material-handling collaborative robots (cobots)	149
8.2.3	PACKAGING & PALLETIZING	150
8.2.3.1	Packing and palletizing often require medium payload cobots	150
8.2.4	MACHINE TENDING	151
8.2.4.1	Cobots used alongside CNC, injection, and blow molding machines	151
TABLE 73	HANDLING: COLLABORATIVE ROBOT (COBOT) MARKET, BY TYPE, 2019–2022 (USD MILLION)	151
TABLE 74	HANDLING: COLLABORATIVE ROBOT (COBOT) MARKET, BY TYPE, 2023–2029 (USD MILLION)	152
8.3	ASSEMBLING & DISASSEMBLING	153
TABLE 75	COMPANIES OFFERING COLLABORATIVE ROBOTS FOR ASSEMBLING & DISASSEMBLING APPLICATIONS	153
TABLE 76	ASSEMBLING & DISASSEMBLING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2019–2022 (USD MILLION)	153
TABLE 77	ASSEMBLING & DISASSEMBLING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2023–2029 (USD MILLION)	153
TABLE 78	ASSEMBLING & DISASSEMBLING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2019–2022 (UNITS)	154
TABLE 79	ASSEMBLING & DISASSEMBLING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2023–2029 (UNITS)	154
8.3.1	NUT FASTENING	155
8.3.1.1	Cobots suitable for nut fastening on medium and large workpieces	155
8.3.2	SCREWDRIVING	155
8.3.2.1	Cobots can handle torque forces required for screwdriving applications	155
8.4	WELDING & SOLDERING	155
8.4.1	COLLABORATIVE ROBOTS USED FOR WELDING SUITABLE FOR LOW VOLUME, HIGH MIX OPERATIONS	155
TABLE 80	COMPANIES OFFERING COLLABORATIVE ROBOTS FOR WELDING & SOLDERING APPLICATIONS	156
TABLE 81	WELDING & SOLDERING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2019–2022 (USD MILLION)	156
TABLE 82	WELDING & SOLDERING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2023–2029 (USD MILLION)	156
TABLE 83	WELDING & SOLDERING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2019–2022 (UNITS)	157
TABLE 84	WELDING AND SOLDERING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2023–2029 (UNITS)	157
8.5	DISPENSING	158
TABLE 85	COMPANIES OFFERING COLLABORATIVE ROBOTS FOR DISPENSING APPLICATIONS	158
TABLE 86	DISPENSING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2019–2022 (USD MILLION)	159
TABLE 87	DISPENSING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2023–2029 (USD MILLION)	159
TABLE 88	DISPENSING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2019–2022 (UNITS)	159
TABLE 89	DISPENSING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2023–2029 (UNITS)	160
8.5.1	GLUING	161
8.5.1.1	Robotic gluing ensures quality and consistency of application	161
8.5.2	PAINTING	161
8.5.2.1	Cobot painting suitable for low-volume production	161
8.6	PROCESSING	162
TABLE 90	COMPANIES OFFERING COLLABORATIVE ROBOTS FOR PROCESSING APPLICATIONS	162
TABLE 91	PROCESSING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2019–2022 (USD MILLION)	162
TABLE 92	PROCESSING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2023–2029 (USD MILLION)	163
TABLE 93	PROCESSING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2019–2022 (UNITS)	163
TABLE 94	PROCESSING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2023–2029 (UNITS)	163
8.6.1	GRINDING	164
8.6.1.1	Force/torque sensors used along with end effectors for grinding tasks	164
8.6.2	MILLING	164
8.6.2.1	Milling tasks consist of deburring, chamfering, and scraping operations	164
8.6.3	CUTTING	165
8.6.3.1	Cobots used for cutting applications on very small scale	165
TABLE 95	COLLABORATIVE ROBOT (COBOT) MARKET, BY PROCESSING, 2019–2022 (USD MILLION)	165
TABLE 96	COLLABORATIVE ROBOT (COBOT) MARKET, BY PROCESSING, 2023–2029 (USD MILLION)	165
8.7	OTHERS	166
TABLE 97	COMPANIES OFFERING COLLABORATIVE ROBOTS FOR OTHER APPLICATIONS	166
TABLE 98	OTHERS: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2019–2022 (USD MILLION)	167
TABLE 99	OTHERS: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2023–2029 (USD MILLION)	167
TABLE 100	OTHERS: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2019–2022 (UNITS)	167
TABLE 101	OTHERS: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2023–2029 (UNITS)	168
8.7.1	INSPECTION AND QUALITY TESTING	168
8.7.2	DIE-CASTING AND MOLDING	169
9	COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY	170
9.1	INTRODUCTION	171
FIGURE 41	COLLABORATIVE ROBOT (COBOT) MARKET: BY INDUSTRY	171
FIGURE 42	COLLABORATIVE ROBOT (COBOT) MARKET FOR ELECTRONICS INDUSTRY TO RECORD HIGHEST CAGR DURING FORECAST PERIOD	171
TABLE 102	COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)	172
TABLE 103	COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2023–2029 (USD MILLION)	172
TABLE 104	COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2019–2022 (UNITS)	173
TABLE 105	COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2023–2029 (UNITS)	173
9.2	AUTOMOTIVE	174
9.2.1	COLLABORATIVE ROBOTS UTILIZED TO PERFORM LIGHT AND REPETITIVE TASKS	174
TABLE 106	AUTOMOTIVE: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2019–2022 (USD MILLION)	176
TABLE 107	AUTOMOTIVE: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2023–2029 (USD MILLION)	176
TABLE 108	AUTOMOTIVE: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2019–2022 (USD MILLION)	176
TABLE 109	AUTOMOTIVE: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2023–2029 (USD MILLION)	177
9.3	ELECTRONICS	178
9.3.1	COLLABORATIVE ROBOTS CAN MANAGE SMALL AND FRAGILE COMPONENTS	178
TABLE 110	ELECTRONICS: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2019–2022 (USD MILLION)	179
TABLE 111	ELECTRONICS: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2023–2029 (USD MILLION)	179
TABLE 112	ELECTRONICS: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2019–2022 (USD MILLION)	179
TABLE 113	ELECTRONICS: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2023–2029 (USD MILLION)	180
9.4	METALS & MACHINING	181
9.4.1	COLLABORATIVE ROBOTS USED ALONGSIDE CNC AND OTHER HEAVY MACHINERY TO AUTOMATE VARIOUS TASKS	181
TABLE 114	METALS & MACHINING: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2019–2022 (USD MILLION)	182
TABLE 115	METALS & MACHINING: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2023–2029 (USD MILLION)	182
TABLE 116	METALS & MACHINING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2019–2022 (USD MILLION)	183
TABLE 117	METALS & MACHINING: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2023–2029 (USD MILLION)	183
9.5	PLASTICS & POLYMERS	184
9.5.1	COLLABORATIVE ROBOTS IDEAL FOR PLASTICS AND POLYMER INDUSTRY DUE TO LOW PAYLOAD CAPACITY	184
TABLE 118	PLASTICS & POLYMERS: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2019–2022 (USD MILLION)	185
TABLE 119	PLASTICS & POLYMERS: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2023–2029 (USD MILLION)	186
TABLE 120	PLASTICS & POLYMERS: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2019–2022 (USD MILLION)	186
TABLE 121	PLASTICS & POLYMERS: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2023–2029 (USD MILLION)	186
9.6	FOOD & BEVERAGES	187
9.6.1	COLLABORATIVE ROBOTS DEPLOYED IN FOOD INDUSTRY IN PRIMARY AND SECONDARY HANDLING APPLICATIONS	187
TABLE 122	FOOD & BEVERAGES: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2019–2022 (USD MILLION)	188
TABLE 123	FOOD & BEVERAGES: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2023–2029 (USD MILLION)	189
TABLE 124	FOOD & BEVERAGES: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2019–2022 (USD MILLION)	189
TABLE 125	FOOD & BEVERAGES: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2023–2029 (USD MILLION)	189
9.7	FURNITURE & EQUIPMENT	190
9.7.1	COLLABORATIVE ROBOTS PERFORM VARIOUS PICK-AND-PLACE AND MACHINE-TENDING TASKS	190
TABLE 126	FURNITURE & EQUIPMENT: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2019–2022 (USD MILLION)	191
TABLE 127	FURNITURE & EQUIPMENT: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2023–2029 (USD MILLION)	191
TABLE 128	FURNITURE & EQUIPMENT: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2019–2022 (USD MILLION)	192
TABLE 129	FURNITURE & EQUIPMENT: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2023–2029 (USD MILLION)	192
9.8	HEALTHCARE	193
9.8.1	COLLABORATIVE ROBOTS UTILIZED IN NON-SURGICAL APPLICATIONS	193
TABLE 130	HEALTHCARE: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2019–2022 (USD MILLION)	194
TABLE 131	HEALTHCARE: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2023–2029 (USD MILLION)	194
TABLE 132	HEALTHCARE: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2019–2022 (USD MILLION)	195
TABLE 133	HEALTHCARE: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2023–2029 (USD MILLION)	195
9.9	LOGISTICS	195
9.9.1	COLLABORATIVE ROBOTS USED FOR PICK AND PLACE APPLICATIONS	195
TABLE 134	LOGISTICS: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2019–2022 (USD MILLION)	196
TABLE 135	LOGISTICS: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2023–2029 (USD MILLION)	196
TABLE 136	LOGISTICS: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2019–2022 (USD MILLION)	197
TABLE 137	LOGISTICS: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2023–2029 (USD MILLION)	197
9.10	OTHERS	197
TABLE 138	OTHERS: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2019–2022 (USD MILLION)	198
TABLE 139	OTHERS: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2023–2029 (USD MILLION)	199
TABLE 140	OTHERS: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2019–2022 (USD MILLION)	199
TABLE 141	OTHERS: COLLABORATIVE ROBOT (COBOT) MARKET, BY PAYLOAD, 2023–2029 (USD MILLION)	199
10	COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION	201
10.1	INTRODUCTION	202
FIGURE 43	COLLABORATIVE ROBOT (COBOT) MARKET: BY REGION	202
TABLE 142	COLLABORATIVE ROBOT (COBOT) MARKET RANKING ANALYSIS, BY REGION	202
FIGURE 44	ASIA PACIFIC TO HOLD LARGEST SHARE OF COLLABORATIVE ROBOT (COBOT) MARKET DURING FORECAST PERIOD	203
TABLE 143	COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2019–2022 (USD MILLION)	203
TABLE 144	COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2023–2029 (USD MILLION)	203
TABLE 145	COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2019–2022 (UNITS)	204
TABLE 146	COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2023–2029 (UNITS)	204
10.2	NORTH AMERICA	204
10.2.1	IMPACT OF RECESSION ON COLLABORATIVE ROBOT (COBOT) MARKET IN NORTH AMERICA	205
FIGURE 45	NORTH AMERICA: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY	205
FIGURE 46	NORTH AMERICA: COLLABORATIVE ROBOT (COBOT) MARKET SNAPSHOT	206
TABLE 147	NORTH AMERICA: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2019–2022 (USD MILLION)	206
TABLE 148	NORTH AMERICA: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2023–2029 (USD MILLION)	207
TABLE 149	NORTH AMERICA: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2019–2022 (UNITS)	207
TABLE 150	NORTH AMERICA: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2023–2029 (UNITS)	207
TABLE 151	NORTH AMERICA: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)	208
TABLE 152	NORTH AMERICA: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2023–2029 (USD MILLION)	208
10.2.2	US	209
10.2.2.1	Increased demand for cobots across various industries to drive market	209
10.2.3	CANADA	210
10.2.3.1	Increased foreign investments in automotive sector to support market growth	210
10.2.4	MEXICO	212
10.2.4.1	Government measures to augment manufacturing activities to fuel market growth	212
10.3	EUROPE	213
10.3.1	IMPACT OF RECESSION ON COLLABORATIVE ROBOT (COBOT) MARKET IN EUROPE	213
FIGURE 47	EUROPE: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY	214
FIGURE 48	EUROPE: COLLABORATIVE ROBOT (COBOT) MARKET SNAPSHOT	214
TABLE 153	EUROPE: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2019–2022 (USD MILLION)	215
TABLE 154	EUROPE: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2023–2029 (USD MILLION)	215
TABLE 155	EUROPE: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2019–2022 (UNITS)	215
TABLE 156	EUROPE: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2023–2029 (UNITS)	216
TABLE 157	EUROPE: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)	216
TABLE 158	EUROPE: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2023–2029 (USD MILLION)	217
10.3.2	GERMANY	217
10.3.2.1	Prominent presence of automotive and electronics industries to propel market	217
10.3.3	ITALY	218
10.3.3.1	Changing consumer needs in automotive sector to drive adoption of collaborative robots	218
10.3.4	SPAIN	219
10.3.4.1	Adoption of automation in manufacturing industries to drive demand for collaborative robots	219
10.3.5	FRANCE	220
10.3.5.1	Government funding to boost automation and deployment of collaborative robots	220
10.3.6	UK	221
10.3.6.1	Investments in R&D to revive automotive industry to offer high market growth potential	221
10.3.7	REST OF EUROPE	221
10.4	ASIA PACIFIC	222
10.4.1	IMPACT OF RECESSION ON COLLABORATIVE ROBOT (COBOT) MARKET IN ASIA PACIFIC	222
FIGURE 49	ASIA PACIFIC: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY	223
FIGURE 50	ASIA PACIFIC: COLLABORATIVE ROBOT (COBOT) MARKET SNAPSHOT	223
TABLE 159	ASIA PACIFIC: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2019–2022 (USD MILLION)	224
TABLE 160	ASIA PACIFIC: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2023–2029 (USD MILLION)	224
TABLE 161	ASIA PACIFIC: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2019–2022 (UNITS)	225
TABLE 162	ASIA PACIFIC: COLLABORATIVE ROBOT (COBOT) MARKET, BY COUNTRY, 2023–2029 (UNITS)	225
TABLE 163	ASIA PACIFIC: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)	226
TABLE 164	ASIA PACIFIC: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2023–2029 (USD MILLION)	226
10.4.2	CHINA	227
10.4.2.1	Increasing investments in automation to contribute to market growth	227
10.4.3	SOUTH KOREA	228
10.4.3.1	Deployment of significant number of cobots in automotive and electronics industries to drive market	228
10.4.4	JAPAN	229
10.4.4.1	Use of electric and hybrid vehicles to fuel market for cobots	229
10.4.5	TAIWAN	230
10.4.5.1	Growth of electrical & electronics industry to drive market	230
10.4.6	THAILAND	230
10.4.6.1	Thailand 4.0 initiative to drive market for cobots during forecast period	230
10.4.7	INDIA	231
10.4.7.1	Huge potential for deployment of cobots in manufacturing sector to support market growth	231
10.4.8	REST OF ASIA PACIFIC	232
10.5	ROW	233
10.5.1	IMPACT OF RECESSION ON COLLABORATIVE ROBOT (COBOT) MARKET IN ROW	233
FIGURE 51	ROW: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION	233
FIGURE 52	ROW: COLLABORATIVE ROBOT (COBOT) MARKET SNAPSHOT	234
TABLE 165	ROW: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2019–2022 (USD MILLION)	234
TABLE 166	ROW: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2023–2029 (USD MILLION)	235
TABLE 167	ROW: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2019–2022 (UNITS)	235
TABLE 168	ROW: COLLABORATIVE ROBOT (COBOT) MARKET, BY REGION, 2023–2029 (UNITS)	235
TABLE 169	ROW: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)	235
TABLE 170	ROW: COLLABORATIVE ROBOT (COBOT) MARKET, BY INDUSTRY, 2023–2029 (USD MILLION)	236
10.5.2	MIDDLE EAST & AFRICA	237
10.5.2.1	Automation across industries to drive market	237
10.5.3	SOUTH AMERICA	238
10.5.3.1	South America to witness high growth in adoption of collaborative robots during forecast period	238
11	HUMAN-ROBOT COLLABORATIVE OPERATIONAL ENVIRONMENT (QUALITATIVE)	239
11.1	INTRODUCTION	239
11.2	SAFETY-RATED MONITORED STOP	239
11.3	HAND GUIDING	240
11.4	SPEED REDUCTION AND SEPARATION MONITORING	240
11.5	POWER AND FORCE LIMITING	241
12	INTEGRATION OF COBOTS AND IOT (QUALITATIVE)	243
12.1	INTRODUCTION	243
12.2	CONNECTIVITY TECHNOLOGY	244
12.2.1	ETHERNET	244
12.2.2	WI-FI	244
12.2.3	BLUETOOTH	245
12.2.4	CELLULAR	245
12.2.4.1	4G connectivity	245
12.2.4.2	5G connectivity	245
12.3	INTEROPERABILITY SOFTWARE	246
13.1 OVERVIEW 247
TABLE 171 COLLABORATIVE ROBOT (COBOT) MARKET: KEY GROWTH STRATEGIES ADOPTED BY COMPANIES FROM 2019 TO 2022 247
13.2 REVENUE ANALYSIS OF TOP PLAYERS 250
FIGURE 53 FOUR-YEAR REVENUE ANALYSIS OF TOP FIVE PLAYERS IN COLLABORATIVE ROBOT (COBOT) MARKET 250
13.3 MARKET SHARE ANALYSIS, 2022 250
TABLE 172 COLLABORATIVE ROBOT (COBOT) MARKET: DEGREE OF COMPETITION 250
FIGURE 54 MARKET SHARE ANALYSIS, 2022 251
13.4 KEY COMPANY EVALUATION MATRIX, 2022 253
13.4.1 STARS 253
13.4.2 EMERGING LEADERS 253
13.4.3 PERVASIVE PLAYERS 253
13.4.4 PARTICIPANTS 254
FIGURE 55 COLLABORATIVE ROBOT (COBOT) MARKET: KEY COMPANY EVALUATION MATRIX, 2022 254
13.5 STARTUPS/SMES EVALUATION MATRIX, 2022 254
TABLE 173 STARTUPS/SMES IN COLLABORATIVE ROBOT (COBOT) MARKET 255
13.5.1 PROGRESSIVE COMPANIES 256
13.5.2 RESPONSIVE COMPANIES 256
13.5.3 DYNAMIC COMPANIES 257
13.5.4 STARTING BLOCKS 257
FIGURE 56 COLLABORATIVE ROBOT (COBOT) MARKET: STARTUPS/SMES EVALUATION MATRIX, 2022 257
TABLE 174 STARTUP MATRIX: LIST OF KEY STARTUPS/SMES 258
TABLE 175 COLLABORATIVE ROBOT (COBOT) MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 259
13.6 COLLABORATIVE MARKET: COMPANY FOOTPRINT 260
TABLE 176 FOOTPRINT OF COMPANIES 260
TABLE 177 PAYLOAD FOOTPRINT OF COMPANIES 261
TABLE 178 INDUSTRIAL FOOTPRINT OF COMPANIES 262
TABLE 179 REGIONAL FOOTPRINT OF COMPANIES 263
13.7 COMPETITIVE SCENARIO AND TRENDS 264
TABLE 180 COLLABORATIVE ROBOT (COBOT) MARKET: PRODUCT LAUNCHES, 2020–2023 264
TABLE 181 COLLABORATIVE ROBOT (COBOT) MARKET: DEALS, 2020–2023 268
TABLE 182 COLLABORATIVE ROBOT (COBOT) MARKET: OTHERS, 2020–2023 273
14 COMPANY PROFILES 274
14.1 INTRODUCTION 274
(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*
14.2 KEY PLAYERS 274
14.2.1 UNIVERSAL ROBOTS A/S 274
TABLE 183 UNIVERSAL ROBOTS A/S: BUSINESS OVERVIEW 275
TABLE 184 UNIVERSAL ROBOTS A/S: PRODUCTS/SOLUTIONS/SERVICES OFFERED 275
TABLE 185 UNIVERSAL ROBOTS A/S: PRODUCT LAUNCHES 276
TABLE 186 UNIVERSAL ROBOTS A/S: DEALS 278
TABLE 187 UNIVERSAL ROBOTS A/S: OTHERS 279
14.2.2 FANUC CORPORATION 281
TABLE 188 FANUC CORPORATION: BUSINESS OVERVIEW 281
FIGURE 57 FANUC CORPORATION: COMPANY SNAPSHOT 282
TABLE 189 FANUC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 282
TABLE 190 FANUC CORPORATION: PRODUCT LAUNCHES 283
TABLE 191 FANUC CORPORATION: DEALS 284
TABLE 192 FANUC CORPORATION: OTHERS 284
14.2.3 ABB 286
TABLE 193 ABB: BUSINESS OVERVIEW 286
FIGURE 58 ABB: COMPANY SNAPSHOT 287
TABLE 194 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED 287
TABLE 195 ABB: PRODUCT LAUNCHES 289
TABLE 196 ABB: DEALS 289
TABLE 197 ABB: OTHERS 292
14.2.4 TECHMAN ROBOT 293
TABLE 198 TECHMAN ROBOT: BUSINESS OVERVIEW 293
TABLE 199 TECHMAN ROBOT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 294
TABLE 200 TECHMAN ROBOT: PRODUCT LAUNCHES 294
TABLE 201 TECHMAN ROBOT: DEALS 295
TABLE 202 TECHMAN ROBOT: OTHERS 295
14.2.5 AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD 297
TABLE 203 AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD: BUSINESS OVERVIEW 297
TABLE 204 AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED 297
TABLE 205 AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD: OTHERS 297
14.2.6 KUKA AG 299
TABLE 206 KUKA AG: BUSINESS OVERVIEW 299
FIGURE 59 KUKA AG: COMPANY SNAPSHOT 300
TABLE 207 KUKA AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 300
TABLE 208 KUKA AG: PRODUCT LAUNCHES 301
TABLE 209 KUKA AG: DEALS 301
14.2.7 DOOSAN ROBOTICS INC. 302
TABLE 210 DOOSAN ROBOTICS INC.: BUSINESS OVERVIEW 302
TABLE 211 DOOSAN ROBOTICS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 303
TABLE 212 DOOSAN ROBOTICS INC.: PRODUCT LAUNCHES 303
TABLE 213 DOOSAN ROBOTICS INC.: DEALS 304
TABLE 214 DOOSAN ROBOTICS INC.: OTHERS 305
14.2.8 DENSO CORPORATION 306
TABLE 215 DENSO CORPORATION: BUSINESS OVERVIEW 306
FIGURE 60 DENSO CORPORATION: COMPANY SNAPSHOT 307
TABLE 216 DENSO CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 307
TABLE 217 DENSO CORPORATION: DEALS 308
14.2.9 YASKAWA ELECTRIC CORPORATION 309
TABLE 218 YASKAWA ELECTRIC CORPORATION: BUSINESS OVERVIEW 309
FIGURE 61 YASKAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT 310
TABLE 219 YASKAWA ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 310
TABLE 220 YASKAWA ELECTRIC CORPORATION: PRODUCT LAUNCHES 311
TABLE 221 YASKAWA ELECTRIC CORPORATION: DEALS 311
TABLE 222 YASKAWA ELECTRIC CORPORATION: OTHERS 311
14.2.10 RETHINK ROBOTICS GMBH 312
TABLE 223 RETHINK ROBOTICS GMBH: BUSINESS OVERVIEW 312
TABLE 224 RETHINK ROBOTICS GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED 313
TABLE 225 RETHINK ROBOTICS GMBH: PRODUCT LAUNCHES 313
TABLE 226 RETHINK ROBOTICS GMBH: DEALS 314
TABLE 227 RETHINK ROBOTICS GMBH: OTHERS 314
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.
14.3 OTHER PLAYERS 315
14.3.1 SIASUN ROBOT & AUTOMATION CO., LTD. 315
14.3.2 FRANKA EMIKA GMBH 316
14.3.3 COMAU S.P.A 317
14.3.4 F&P ROBOTICS AG 318
14.3.5 STÄUBLI INTERNATIONAL AG 319
14.3.6 BOSCH REXROTH AG 320
14.3.7 PRODUCTIVE ROBOTICS, LLC 321
14.3.8 NEURA ROBOTICS GMBH 322
14.3.9 ELEPHANT ROBOTICS 323
14.3.10 ELITE ROBOTS 324
14.3.11 KASSOW ROBOTS 325
14.3.12 HANWHA CORPORATION 326
14.3.13 OMRON ADEPT TECHNOLOGY, INC. 327
14.3.14 WYZO 328
14.3.15 MIP ROBOTICS 328
14.3.16 KAWASAKI ROBOTICS 329
14.3.17 DOBOT 330
14.3.18 JAKA ROBOTICS 331
14.3.19 HUILING-TECH ROBOTIC CO., LTD 332
15 APPENDIX 333
15.1 DISCUSSION GUIDE 333
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 336
15.3 CUSTOMIZATION OPTIONS 338
15.4 RELATED REPORTS 338
15.5 AUTHOR DETAILS 339


 
			 
					
							
			 
					
							
			 
					
							
			 
					
							
			 
					
							
			 
					
							
			 
					
							
			 
					
							
			