Report Description Table of Contents Industry Report and Statistics (Facts & Figures) - Number of Deployments & New Installations, Installation Cost & Demand by Payload & End-User The collaborative robots market will witness a robust CAGR of 15.2% and grow from $808.20 million in 2022, will appreciate and reach $2506.90 million by 2030. With 30% of global sales, the APAC region will continue to dominate the collaborative robot market. A cobot is a robot intended for direct human-robot interaction in a shared environment, unlike traditional industrial robot applications where humans are not in contact with the robot. Cobot safety depends on lightweight construction materials, rounded edges, sensors, and software to ensure safe behaviour. The International Federation of Robotics (IFR) recognizes two main groups of robots such as industrial robots used in automation and service robots for domestic & professional use. Cobots can have various applications, including information robots in public spaces, logistics robots for transporting materials, and industrial robots. The IFR defines four levels of collaboration between industrial robots and human workers such as coexistence, sequential partnership, cooperation, and responsive collaboration. In most industrial applications, cobots and human workers share the same workspace but complete tasks independently or sequentially. Collaborative robots are gaining popularity in the automation sector due to their ability to operate with and around people. These robots are safer and can handle repetitive tasks with advanced sensors, cameras, and integrated vision. The Industrial Internet of Things (IIoT) has connected cobots to nearby machinery, improving precision, flexibility, and efficiency. Technological advancements like 5G efficient network slice allocation optimizes mobile network resource usage, improving the service quality of automation. Cobots can replicate human emotions and choices with artificial intelligence algorithms. Market Drivers – Adoption of Cobots due to paucity of labour, Cost-Effectiveness & Technological Advancements Many industries are facing shortages and challenges in finding skilled labours. According to Deloitte, 2.1 Mn manufacturing jobs will be unfilled by 2030 due to skilled labour shortages. Cobots provide a solution by integrating the existing workforce and filling the gaps in labour-intensive tasks. Cobots can handle repetitive or physically demanding jobs, reducing the strain on human workers and improving productivity. Cobots offer cost-effective automation solutions for small and medium-sized enterprises (SMEs) with limited budgets & resources. Globally, 90% of the firms are SMEs. Traditional industrial robots often require significant investments in infrastructure, safety measures, and specialized programming. In contrast, cobots have lower upfront costs, require less complex safety measures & maintenance, and are easily integrated into existing production lines. This Cost-Effective paradigm shift from traditional robots to cobots drives the collaborative robots market. According to SNECI, one cobot saves three times the cost of one worker. According to a study, the automation market is expected to reach $265 billion by 2025. This results in technological advancements in cobots, such as low operating cost, high ROI, better quality & improved operational efficiencies proliferating the growth of the cobot market. The emergence of Industry 4.0 and the digital transformation of industries are driving the adoption of cobots. Cobots can be seamlessly integrated into smart manufacturing environments, leveraging connectivity and data exchange through the Industrial Internet of Things (IIoT). This integration allows real-time monitoring, data analytics & optimization of production processes and enables manufacturers to achieve efficiency, agility & competitiveness. AI & ML advancements have improved the remote troubleshooting of Cobot. Market Restraint The lower power efficiency of the cobotsrestricts the various uses of the collaborative robots in terms of applications in the heavy-duty manufacturing industries. Moreover, the average speed of collaborative robots is approximately 1m/s, whereas, for similar payload capacities, the speed provided by the traditional industrial robots is way much higher in comparison to their collaborative counterparts. Hence, the low payload capacity of traditional industrial robots is preferred over cobots which in turn can restrict the advancement of the market throughout the forecasted time period. Opportunity- Adoption in Small and Medium-Sized Enterprises The SMEs represent 90% of the firms worldwide & with their massive investments in automation, the adoption of cobots in the SME space is poised to rise. SMEs have a significant opportunity in the cobot market due to their affordability, flexibility, adaptability, easy programming, and space efficiency. Cobots offer lower upfront costs and minimal infrastructure changes and can be easily integrated into existing workflows, making them an attractive automation solution for SMEs. SMEs can quickly re-programme and reconfigure cobots to meet evolving production needs, improving productivity and addressing market fluctuations. Cobots offer enhanced safety features, improved productivity and efficiency, and scalability for SMEs. Market Analysis Of Different Segments Covered in the Report By Payload Up to 5 Kg Up to 10 Kg Above 10 Kg By Application Machine Tending Assembly Material Handling Quality Testing Others By End-User Automotive Electronics & Electrical Metals & Machining Food & Beverages Others Regional Coverage Analysis North America U.S. Canada Mexico Europe Germany France Italy Switzerland U.K. Rest of Europe Asia-Pacific Japan China India Rest of Asia-Pacific LAMEA Brazil Israel South Africa Saudi Arabia Rest of LAMEA Payload Capacity Analysis & Insights Based on Payload, the collaborative robots market is categorized into upto 5kg, upto 10kg & above 10kg robots. Cobots upto 5kg payload dominate the market and are expected to grow with a constant CAGR of 28%. Cobots with a payload capacity of upto 5 kg offer versatility, flexibility, and cost-effectiveness in various industries. They are lighter, easier to program, and more scalable than other robots. These Cobots offer safety, ease of use & adaptability, making them ideal for human-robot collaboration & efficient production line optimization. As industries increasingly adopt upto 5kg cobots for their prominent features, the demand for these robots is expected to grow. End- User Analysis & Insights Based on End-Users, the collaborative robot market is categorized into automotive, electronics & electrical, metals & machining, and food & beverages. The automotive segment dominates the cobot market with a revenue share of 33%. According to a study, the automotive robot market is estimated to reach $20 billion by 2030 at a growing CAGR of 11%. This rapid adoption of robots in the automotive industry will fuel the growth of the cobot market. Collaborative robots in automotive manufacturing offer advanced safety features, cost efficiency, and quality control. They reduce accidents, improve accuracy & consistency, boost efficiency & productivity, protect humans in hazardous conditions & handle complex tasks. Application Analysis & Insights The application segment has been segmented into Machine Tending, Assembly, Material Handling, Quality Testing, and Others. In the year 2020, the assembly segment contributed for the highest share of the market due to its capability to merge both the repetitive and easy work along with many more complex problems associated in the overall assembly processes. The assembly market segment contributed to a market share of about 35% in the year 2020 and is anticipated to lead over the forecasted period. Regional Analysis & Insights On a regional basis, the APAC region held the largest collaborative robot market share in 2020, both in terms of volume and value. This is primarily due to the increasing labor costs in the APAC region that are forcing the producers to automate the entire manufacturing process so that they can maintain their benefits in terms of reduction of the costs involved in it. Moreover, due to aspects like the increasing average age of the workforce, rising wages, the light-weighting trend in the automotive industry, and the emphasis on the miniaturization trend in the electronics industry, there is a high growing demand in the adoption level of the collaborative robots. Furthermore, with the adoption of artificial intelligence, a greater emphasis on automation, and all the other requisite technological evolutions, the market has an immense potential to grow rapidly throughout the forecasted period. In accordance with a study by UiPath, over 88 percent of organizations feel that automation will enhance human achievement drastically and will be highly effective when the technology is utilized in association with humans. Considering the above statistics, the Collaborative Robot Market will grow at a rapid pace during the forecasted period. Global Collaborative Robots Market Competitive Landscape Analysis The leading players that operate in the market are: Techman Robot YASKAWA KUKA ABB FANUC Universal Robots Rethink Robotics Doosan Robotics F&P Robotics Precise Automation MIP Robotics Denso Corporation Wyzo Elite Robot Neura Robotics Collaborative Robots Market Report Coverage Report Attribute Details Forecast Period 2021 - 2030 The market size value in 2021 USD 701.56 Million The revenue forecast in 2030 USD 2506.90 Million Growth rate CAGR of approximately 15.2% The base year for estimation 2021 Historical data 2017 – 2021 Unit USD Billion, CAGR (2021 - 2030) Segmentation By Payload, By Application, By End- User, By Region. By Payload Up to 5 Kg, Up to 10 Kg, and Above 10 Kg. By Application Machine Tending, Assembly, Material Handling, Quality Testing, Others By End-User Automotive, Electronics & Electrical, Metals & Machining, Food & Beverages, Others By Region North America, Europe, Asia Pacific, LAMEA. Country Scope United States of America, United Kingdom, Italy, Germany, France, Spain, Canada, China, India, Japan, Brazil, Argentina, Mexico, South Africa, Saudi Arabia, etc. Company Usability Profiles Techman Robot, YASKAWA, KUKA, ABB, FANUC, Universal Robots, Rethink Robotics, Doosan Robotics, F&P Robotics, Precise Automation, MIP Robotics, Denso Corporation, Wyzo, Elite Robot, Neura Robotics. Recent Developments On May 2023, Techman Robot is launching the AI Cobot TM25S, a 25kg payload collaborative robot with a 25kg capacity. Its built-in vision system and AI technology enable exceptional precision and efficiency in various industrial applications. The TM25S also boasts enhanced speed, accuracy, and safety, with an IP54 rating and Category 3 Safety Function certifications. On May 2023, Universal Robots, a Danish producer of collaborative robots, partnered with Denali Advanced Integration for cobot automation. Denali will become UR’s most prominent Certified Solution Partner (CSP) and use its expertise to bring UR’s cobot technology to businesses worldwide. This partnership will offer end-to-end integration and service support, catering to growing interest in cobot automation. Universal Robots' automation solutions are deployed in manufacturing, transportation, logistics, healthcare, and retail industries. The AaaS portfolio, including software, hardware, services, and support, will provide companies with the necessary tools to quickly realize the benefits of cobot automation and make it work for their businesses. On March 2023, ABB, a Swedish automation leader, launched the new Swifti CRB 1300 industrial cobot, which bridges the gap between industrial & cobot. Swifti CRB1300 is a highly accurate & high-payload cobot that is six times faster than other robots, making it suitable for SMEs and large manufacturers looking for collaborative automated solutions. The Swifti CRB 1300 is a new addition to a broader cobot portfolio with payloads ranging from 0.5 to 11kg. Frequently Asked Question About This Report What are the key players operating in the market ? The leading players that operate in the market are Techman Robot, YASKAWA, KUKA, ABB, FANUC, Universal Robots, Rethink Robotics, Doosan Robotics, F&P Robotics, Precise Automation, MIP Robotics, Denso Corporation, Wyzo, Elite Robot, andNeura Robotics. Which is the leading end-user for the market? The automotive segment is the leading end-user for the Market. What is the forecasted year of the market? The forecasted year of the market is from 2021-2030. How big is the collaborative robot market? The global collaborative robots market size was $701.56 Mn in 2021 and is predicted to reach $2506.90 Mn by 2030, Representing a CAGR of 15.2% What is the collaborative robots market growth? The global collaborative robots market is expected to grow at a compound annual growth rate (CAGR) of 15.2% from 2021 to 2030 to reach USD 2506.90 million by 2030. Which is the leading application for the market? The assembly segment is the leading application for the Market. In 2021, what is the overall market size? In 2021, the overall market size was $701.56 Million. Sources https://www.iso.org/standard/51330.html https://www.uipath.com/newsroom/employees-around-the-globe-demand-new-skills-training-from-their-employers https://en.wikipedia.org/wiki/Cobot https://www.analyticsinsight.net/take-a-look-at-collaborative-robots-cobots-in-the-future/ https://www.nam.org/2-1-million-manufacturing-jobs-could-go-unfilled-by-2030-13743/ https://tm-robot.com/en/cobots-manufacturer-productivity/#:~:text=Cobots%20are%20cost%2Deffective%20because,mistakes%20due%20to%20human%20error https://www.sneci.com/blog/the-top-5-reasons-why-automotive-industry-should-invest-in-cobots/ https://www.thomasnet.com/insights/the-outlook-of-automation-in-2023/ https://www.analyticsinsight.net/take-a-look-at-collaborative-robots-cobots-in-the-future/ https://collectionperformance.com/cobots-in-smes-and-industry-4-0/#:~:text=One%20of%20the%20biggest%20benefits,with%20the%20shortage%20of%20labor https://www.sciencedirect.com/science/article/pii/S0736584523000406 https://www.automate.org/products/aubo-robotics/collaborative-robot-5kg https://ppsnordic.com/cobots/ https://www.sneci.com/blog/the-top-5-reasons-why-automotive-industry-should-invest-in-cobots/ https://www.dcvelocity.com/articles/57526 https://foodindustryexecutive.com/2023/05/universal-robots-announces-partnership-with-global-technology-integrator-denali/ https://roboticsandautomationnews.com/2023/03/17/ 1. Introduction 1.1. Study Objective 1.2. Market Definition 1.3. Study Scope 1.3.1. Markets Covered 1.3.2. Geographic Scope 1.3.3. Years Considered 1.3.4. Stakeholders 2. Research Methodology 2.1. Data Procurement 2.2. Paid Database 2.2.1. Secondary Data 2.2.1.1. Key Secondary sources 2.2.2. Primary Data 2.2.2.1 Primary sources 2.2.2.2. Key industry insights 2.2.2.3. Primary interviews with experts 2.2.2.4. Key primary respondent list 2.3. Market Size Estimation 2.4. Bottom-Up and Top-Down Approaches 2.4.1. Bottom-Up Approach 2.4.1.1. Approach for arriving at market size by bottom-up analysis 2.4.2. Top-Down Approach 2.4.2.1. Approach for Capturing Market Size by Top-Down Analysis 2.5. Market Breakdown and Data Triangulation 2.6. Research Methodology 2.7. Risk Assessment 3. Executive Summary 3.1 Market: Post-Covid-19 3.1.1 Actual Scenario 3.1.2 Pessimistic Scenario 3.1.3 Optimistic Scenario 3.1.4 Market Summary 4. Industry Outlook 4.1 Market Snapshot 4.2 Global Collaborative Robot Market 4.2.1 Global market, 2021 – 2030 (USD Million) 4.3 Regional Business Analysis 4.3.1 Global market, by region, 2021 - 2030 (USD Million) 4.4 By Payload Business Analysis 4.4.1 Global market, By Payload, 2021 - 2030 (USD Million) 4.5 By End-User Business Analysis 4.5.1 Global market, By End-User, 2021 - 2030 (USD Million) 4.6 Application Business Analysis 4.6.1 Global market, By Application, 2021 - 2030 (USD Million) 4.7 Value Chain Analysis 4.8 Market Variable Analysis 4.8.1 Market Drivers Analysis 4.8.2 Market Restraints Analysis 4.9 Business Environment Analysis Tool 4.9.1 market PEST analysis 4.9.2 market Porter’s analysis 4.10 Penetration & Growth Prospect Mapping 5. Market Dynamics 5.1. Introduction 5.2. Market Dynamics 5.2.1. Drivers 5.2.2. Restraints 5.2.3. Opportunities 5.2.4. Challenges 5.3. Impact of Covid-19 On Market 5.4. Value Chain Analysis 5.5. Ecosystem 5.6. Patent Analysis 5.7. Trade Analysis 5.8. Tariff Analysis 5.9. Case Study Analysis 5.10. Porter’s Five Forces Analysis 5.10.1 Threat of New Entrants 5.10.2 Threat of Substitutes 5.10.3 Bargaining Power of Buyers 5.10.4 Bargaining Power of Suppliers 5.10.5 Degree of Competition 5.11. Application Analysis 5.11.1. Trends in Application (2014-2020) 5.11.2. Trends in Application (2021-2028) 5.12. Pricing Analysis 5.12.1. Average Price Trend Analysis (By region, By Countries) 6. Competitive & Vendor Landscape 6.1. Company Market Share Analysis 6.2. Manufacturers Manufacturing Sites, Area Served, Product Payload 6.3. Market Competitive Situation and Trends 6.4. Manufacturers Mergers & Acquisitions, Expansion Plans 7. Global Market: By Payload Segment Analysis 7.1. Introduction 7.2. Sales Volume & Revenue Analysis (2021-2030) 7.3. Upto 5 Kg 7.3.1. Upto 5 Kg market, 2021 - 2030 (USD Million) 7.4. Upto 10 Kg 7.4.1. Upto 10 Kg market, 2021 - 2030 (USD Million) 7.5. Above 10 Kg 7.5.1. Above 10 Kg market, 2021 - 2030 (USD Million) 8. Global Market: By End-User Segment Analysis 8.1. Introduction 8.2. Sales Volume & Revenue Analysis (2021-2030) 8.3. Automotive 8.3.1. Automotive market, 2021 - 2030 (USD Million) 8.4. Electronics & Electrical 8.4.1. Electronics & Electrical market, 2021 - 2030 (USD Million) 8.5. Metals & Machining 8.5.1. Metals & Machining market, 2021 - 2030 (USD Million) 8.6. Food & Beverages 8.6.1. Food & Beverages market, 2021 - 2030 (USD Million) 8.7. Others 8.7.1. Others market, 2021 - 2030 (USD Million) 9. Global Market: By Application Segment Analysis 9.1. Introduction 9.2. Sales Volume & Revenue Analysis (2021-2030) 9.3. Machine Tending 9.3.1. Machine Tending market, 2021 - 2030 (USD Million) 9.4. Assembly 9.4.1. Assembly market, 2021 - 2030 (USD Million) 9.5. Material Handling 9.5.1. Material Handling market, 2021 - 2030 (USD Million) 9.6. Quality Testing 9.6.1. Quality Testing market, 2021 - 2030 (USD Million) 9.7. Others 9.7.1. Others market, 2021 - 2030 (USD Million) 10. Global Market: Regional Outlook 10.1 North America 10.1.1. North America market, by By Payload, 2021 - 2030 (USD Million) 10.1.2. North America market, by By End-User, 2021 - 2030 (USD Million) 10.1.3. North America market, by Application, 2021 - 2030 (USD Million) 10.1.4. North America market, by Country, 2021 - 2030 (USD Million) 10.1.4.1. U.S. 10.1.4.1.1. U.S. market, by By Payload, 2021 - 2030 (USD Million) 10.1.4.1.2. U.S. market, by By End-User, 2021 - 2030 (USD Million) 10.1.4.1.3. U.S. market, by Application, 2021 - 2030 (USD Million) 10.1.4.2. Canada 10.1.4.2.1. Canada market, by By Payload, 2021 - 2030 (USD Million) 10.1.4.2.2. Canada market, by By End-User, 2021 - 2030 (USD Million) 10.1.4.2.3. Canada market, by Application, 2021 - 2030 (USD Million) 10.2. Europe 10.2.1. Europe market, by By Payload, 2021 - 2030 (USD Million) 10.2.2. Europe market, by By End-User, 2021 - 2030 (USD Million) 10.2.3. Europe market, by Application, 2021 - 2030 (USD Million) 10.2.4. Europe market, by country, 2021 - 2030 (USD Million) 10.2.4.1 U.K. 10.2.4.1.1. U.K. market, by By Payload, 2021 - 2030 (USD Million) 10.2.4.1.2. U.K. market, by By End-User, 2021 - 2030 (USD Million) 10.2.4.1.3. U.K. market, by Application, 2021 - 2030 (USD Million) 10.2.4.2. Germany 10.2.4.2.1. Germany market, by By Payload, 2021 - 2030 (USD Million) 10.2.4.2.2. Germany market, by By End-User, 2021 - 2030 (USD Million) 10.2.4.2.3. Germany market, by Application, 2021 - 2030 (USD Million) 10.2.4.3. France 10.2.4.3.1. France market, by By Payload, 2021 - 2030 (USD Million) 10.2.4.3.2. France market, by By End-User, 2021 - 2030 (USD Million) 10.2.4.3.3. France market, by Application, 2021 - 2030 (USD Million) 10.2.4.4. Rest of Europe 10.2.4.4.1. Rest of Europe market, by By Payload, 2021 - 2030 (USD Million) 10.2.4.4.2. Rest of Europe market, by By End-User, 2021 - 2030 (USD Million) 10.2.4.4.3. Rest of Europe market, by Application, 2021 - 2030 (USD Million) 10.3. Asia Pacific 10.3.1. Asia Pacific market, by By Payload, 2021 - 2030 (USD Million) 10.3.2. Asia Pacific market, by By End-User, 2021 - 2030 (USD Million) 10.3.3. Asia Pacific market, by Application, 2021 - 2030 (USD Million) 10.3.4. Asia Pacific market, by country, 2021 - 2030 (USD Million) 10.3.4.1. China 10.3.4.1.1. China market, by By Payload, 2021 - 2030 (USD Million) 10.3.4.1.2. China market, by By End-User, 2021 - 2030 (USD Million) 10.3.4.1.3. China market, by Application, 2021 - 2030 (USD Million) 10.3.4.2. India 10.3.4.2.1. India market, by By Payload, 2021 - 2030 (USD Million) 10.3.4.2.2. India market, by By End-User, 2021 - 2030 (USD Million) 10.3.4.2.3. India market, by Application, 2021 - 2030 (USD Million) 10.3.4.3. Japan 10.3.4.3.1. Japan market, by By Payload, 2021 - 2030 (USD Million) 10.3.4.3.2. Japan market, by By End-User, 2021 - 2030 (USD Million) 10.3.4.3.3. Japan market, by Application, 2021 - 2030 (USD Million) 10.3.4.4. South Korea 10.3.4.4.1. South Korea market, by By Payload, 2021 - 2030 (USD Million) 10.3.4.4.2. South Korea market, by By End-User, 2021 - 2030 (USD Million) 10.3.4.4.3. South Korea market, by Application, 2021 - 2030 (USD Million) 10.3.4.5. Rest of ASIA PACIFIC 10.3.4.5.1. Rest of ASIA PACIFIC market, by By Payload, 2021 - 2030 (USD Million) 10.3.4.5.2. Rest of ASIA PACIFIC market, by By End-User, 2021 - 2030 (USD Million) 10.3.4.5.3. Rest of ASIA PACIFIC market, by Application, 2021 - 2030 (USD Million) 10.4. Latin America 10.4.1. Latin America market, by By Payload, 2021 - 2030 (USD Million) 10.4.2. Latin America market, by By End-User, 2021 - 2030 (USD Million) 10.4.3. Latin America market, by Application, 2021 - 2030 (USD Million) 10.4.4. Latin America market, by country, 2021 - 2030 (USD Million) 10.4.4.1. Brazil 10.4.4.1.1. Brazil market, by By Payload, 2021 - 2030 (USD Million) 10.4.4.1.2. Brazil market, by By End-User, 2021 - 2030 (USD Million) 10.4.4.1.3. Brazil market, by Application, 2021 - 2030 (USD Million) 10.4.4.2. Mexico 10.4.4.2.1. Mexico market, by By Payload, 2021 - 2030 (USD Million) 10.4.4.2.2. Mexico market, by By End-User, 2021 - 2030 (USD Million) 10.4.4.2.3. Mexico market, by Application, 2021 - 2030 (USD Million) 10.4.4.3. Rest of the Latin America 10.4.4.3.1. Rest of the Latin America market, by By Payload, 2021 - 2030 (USD Million) 10.4.4.3.2. Rest of the Latin America market, by By End-User, 2021 - 2030 (USD Million) 10.4.4.3.3. Rest of the Latin America market, by Application, 2021 - 2030 (USD Million) 10.5. MEA 10.5.1. MEA market, by By Payload, 2021 - 2030 (USD Million) 10.5.2. MEA market, by By End-User, 2021 - 2030 (USD Million) 10.5.3. MEA market, by Application, 2021 - 2030 (USD Million) 10.5.4. MEA market, by Region, 2021 - 2030 (USD Million) 11. Competitive Landscape 11.1 Techman Robot 11.1.1. Company overview 11.1.2. Financial performance 11.1.3. Product Portfolio Analysis 11.1.4. Business Strategy & Recent Development 11.2. YASKAWA 11.2.1. Company overview 11.2.2. Financial performance 11.2.3. Product Portfolio Analysis 11.2.4. Business Strategy & Recent Development 11.3. KUKA 11.3.1. Company overview 11.3.2. Financial performance 11.3.3. Product Portfolio Analysis 11.3.4. Business Strategy & Recent Development 11.4. ABB 11.4.1. Company overview 11.4.2. Financial performance 11.4.3. Product Portfolio Analysis 11.4.4. Business Strategy & Recent Development 11.5. FANUC 11.5.1. Company overview 11.5.2. Financial performance 11.5.3. Product Portfolio Analysis 11.5.4. Business Strategy & Recent Development 11.6. Universal Robots 11.6.1. Company overview 11.6.2. Financial performance 11.6.3. Product Portfolio Analysis 11.6.4. Business Strategy & Recent Development 11.7. Rethink Robotics 11.7.1. Company overview 11.7.2. Financial performance 11.7.3. Product Portfolio Analysis 11.7.4. Business Strategy & Recent Development 11.8. Doosan Robotics. 11.8.1. Company overview 11.8.2. Financial performance 11.8.3. Product Portfolio Analysis 11.8.4. Business Strategy & Recent Development 11.9. F&P Robotics 11.9.1. Company overview 11.9.2. Financial performance 11.9.3. Product Portfolio Analysis 11.9.4. Business Strategy & Recent Development 11.10. Precise Automation 11.10.1. Company overview 11.10.2. Financial performance 11.10.3. Product Portfolio Analysis 11.10.4. Business Strategy & Recent Development 11.11. MIP Robotics 11.11.1. Company overview 11.11.2. Financial performance 11.11.3. Product Portfolio Analysis 11.11.4. Business Strategy & Recent Development 11.12. Denso Corporation. 11.12.1. Company overview 11.12.2. Financial performance 11.12.3. Product Portfolio Analysis 11.12.4. Business Strategy & Recent Development 11.13. Wyzo 11.13.1. Company overview 11.13.2. Financial performance 11.13.3. Product Portfolio Analysis 11.13.4. Business Strategy & Recent Development 11.14. Elite Robot 11.14.1. Company overview 11.14.2. Financial performance 11.14.3. Product Portfolio Analysis 11.14.4. Business Strategy & Recent Development 11.15. Neura Robotics 11.15.1. Company overview 11.15.2. Financial performance 11.15.3. Product Portfolio Analysis 11.15.4. Business Strategy & Recent Development List of Tables (64 Tables) TABLE 1. MARKET, By Payload, 2021-2030 (USD Million) TABLE 2. MARKET FOR Upto 5 Kg, BY REGION, 2021-2030 (USD Million) TABLE 3. MARKET FOR Upto 10 Kg, BY REGION, 2021-2030 (USD Million) TABLE 4. MARKET FOR Above 10 Kg, BY REGION, 2021-2030 (USD Million) TABLE 5. MARKET, By End-User, 2021-2030 (USD Million) TABLE 6. MARKET FOR Automotive, BY REGION, 2021-2030 (USD Million) TABLE 7. MARKET FOR Electronics & Electrical, BY REGION, 2021-2030 (USD Million) TABLE 8. MARKET FOR Metals & Machining, BY REGION, 2021-2030 (USD Million) TABLE 9. MARKET FOR Food & Beverages, BY REGION, 2021-2030 (USD Million) TABLE 10. MARKET FOR Others, BY REGION, 2021-2030 (USD Million) TABLE 11. MARKET, BY APPLICATION, 2021-2030 (USD Million) TABLE 12. MARKET FOR Machine Tending, BY REGION, 2021-2030 (USD Million) TABLE 13. MARKET FOR Assembly, BY REGION, 2021-2030 (USD Million) TABLE 14. MARKET FOR Material Handling, BY REGION, 2021-2030 (USD Million) TABLE 15. MARKET FOR Quality Testing, BY REGION, 2021-2030 (USD Million) TABLE 16. MARKET FOR Others, BY REGION, 2021-2030 (USD Million) TABLE 17. MARKET FOR Battery Powered , BY REGION, 2021-2030 (USD Million) TABLE 18. MARKET, BY REGION, 2021-2030 (USD Million) TABLE 19. NORTH AMERICA MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 20. NORTH AMERICA MARKET, By Payload, 2021-2030 (USD Million) TABLE 21. NORTH AMERICA MARKET, By End-User, 2021-2030 (USD Million) TABLE 22. NORTH AMERICA MARKET, BY APPLICATION, 2021-2030 (USD Million) TABLE 23. EUROPE MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 24. EUROPE MARKET, By Payload, 2021-2030 (USD Million) TABLE 25. EUROPE MARKET, By End-User, 2021-2030 (USD Million) TABLE 26. EUROPE MARKET, BY APPLICATION, 2021-2030 (USD Million) TABLE 27. ASIA-PACIFIC MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 28. ASIA-PACIFIC MARKET, By Payload, 2021-2030 (USD Million) TABLE 29. ASIA-PACIFIC MARKET, By End-User, 2021-2030 (USD Million) TABLE 30. ASIA-PACIFIC MARKET, BY APPLICATION, 2021-2030 (USD Million) TABLE 31. LAMEA MARKET, BY COUNTRY, 2021-2030 (USD Million) TABLE 32. LAMEA MARKET, By Payload, 2021-2030 (USD Million) TABLE 33. LAMEA MARKET, By End-User, 2021-2030 (USD Million) TABLE 34. LAMEA MARKET, BY APPLICATION, 2021-2030 (USD Million) TABLE 35. Techman Robot: COMPANY SNAPSHOT TABLE 36. Techman Robot: OPERATING SEGMENTS TABLE 37. YASKAWA: COMPANY SNAPSHOT TABLE 38. YASKAWA: OPERATING SEGMENTS TABLE 39. KUKA: COMPANY SNAPSHOT TABLE 40. KUKA: OPERATING SEGMENTS TABLE 41. ABB : COMPANY SNAPSHOT TABLE 42. ABB : OPERATING SEGMENTS TABLE 43. FANUC: COMPANY SNAPSHOT TABLE 44. FANUC: OPERATING SEGMENTS TABLE 45. Universal Robots: COMPANY SNAPSHOT TABLE 46. Universal Robots: OPERATING SEGMENTS TABLE 47. Rethink Robotics: COMPANY SNAPSHOT TABLE 48. Rethink Robotics: OPERATING SEGMENTS TABLE 49. Doosan Robotics: COMPANY SNAPSHOT TABLE 50. Doosan Robotics: OPERATING SEGMENTS TABLE 51. F&P Robotics: COMPANY SNAPSHOT TABLE 52. F&P Robotics: OPERATING SEGMENTS TABLE 53. Precise Automation: COMPANY SNAPSHOT TABLE 54. Precise Automation: OPERATING SEGMENTS TABLE 55. MIP Robotics: COMPANY SNAPSHOT TABLE 56. MIP Robotics: OPERATING SEGMENTS TABLE 57. Denso Corporation: COMPANY SNAPSHOT TABLE 58. Denso Corporation: OPERATING SEGMENTS TABLE 59. Wyzo: COMPANY SNAPSHOT TABLE 60. Wyzo: OPERATING SEGMENTS TABLE 61. Elite Robot: COMPANY SNAPSHOT TABLE 62. Elite Robot: OPERATING SEGMENTS TABLE 63. Neura Robotics: COMPANY SNAPSHOT TABLE 64. Neura Robotics: OPERATING SEGMENTS List of Figures (22 Figures) Figure 1 Market: Research Methodology Steps Figure 2 Research Design Figure 3 Breakdown of Primaries: Market Figure 4 Research Methodology: Hypothesis Building Figure 5 Market: Product-Based Estimation Figure 6 Top 15 Companies with Highest No. Of Patent in Last 9 Years Figure 7 No. Of Patents Granted Per Year, 2019–2020 Figure 8 Import Data for , By Country, 2016–2020 (USD Thousand) Figure 9 Export Data for , By Country, 2016–2020 (USD Thousand) Figure 10 Data Triangulation Methodology Figure 11 Market, By End-User, 2019 vs. 2025 (USD Million) Figure 12 Market Share, By Application, 2019 vs. 2025 (USD Million) Figure 13 Market Share, By Payload, 2019 vs. 2025 (USD Million) Figure 14 Geographical Snapshot of the Market Figure 15 upto 5kg to Witness Higher CAGR in the Market for Payload Segment during Forecast Period. Figure 16 Assembly to Witness Higher CAGR in the Market for Application Segment during Forecast Period. Figure 17 Automotive to Witness Higher CAGR in the Market for End-User Segment during Forecast Period. Figure 18 APAC region Accounted for the Largest Share of the Market, By Regional Basis, in 2019 Figure 19 Market: Drivers, Restraints, Opportunities, and Challenges Figure 20 North America: Market Snapshot Figure 21 Asia Pacific: Market Snapshot Figure 22 Vendor Dive: Evaluation Overview