Global Collaborative Robots Market to Surge by 2030 Amid Automation Boom

 The global collaborative robot (cobot) market size is expected to grow from USD 1.42 billion in 2025 to USD 3.38 billion by 2030, reflecting a compound annual growth rate (CAGR) of 18.9%. Collaborative robots are gaining traction over traditional industrial robots due to their superior return on investment (ROI). Their lower upfront and installation costs, faster setup times, and reduced entry barriers make them highly cost-effective. Unlike conventional robots, cobots typically do not require safety cages, which minimizes infrastructure expenses. Their flexibility is another key advantage—they can be easily reprogrammed and redeployed for different tasks, allowing for greater operational agility. By working safely alongside human operators, cobots also help increase overall productivity without adding labor costs. These factors make collaborative robots particularly attractive to small and medium-sized enterprises (SMEs) seeking affordable and scalable automation solutions.

Electronics Industry Set to Record the Highest CAGR During the Forecast Period

The electronics sector is poised to lead the collaborative robot market in growth, driven by its demand for high precision, flexibility, and speed in assembly and inspection tasks. Collaborative robots are particularly well-suited for this industry, as they can handle delicate components, perform repetitive or intricate tasks, and operate efficiently in confined workspaces. As global demand for consumer electronics continues to rise, manufacturers are increasingly turning to cobots to enhance production efficiency and minimize defects. Their ability to be rapidly reprogrammed makes them ideal for industries with frequent product updates and design changes. This adaptability shortens production cycles and boosts responsiveness, making cobots a valuable asset in the fast-paced, innovation-driven electronics industry.

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High-Payload Cobots (Over 25 kg) Expected to Register the Fastest Growth from 2025 to 2030

Collaborative robots with payload capacities exceeding 25 kilograms are projected to experience the highest CAGR during the forecast period, driven by growing demand across heavy-duty industrial applications. Industries such as automotive, metal fabrication, and logistics are increasingly adopting high-payload cobots for tasks like palletizing, machine tending, and assembling large or bulky components. Advances in sensor technologies and enhanced safety mechanisms have made it possible for these robots to handle heavier loads while maintaining safe, efficient collaboration with human workers. As manufacturers continue to seek automation solutions for labor-intensive and physically demanding tasks, the demand for high-payload cobots is expected to rise sharply, making them a critical asset in large-scale production environments.

Asia Pacific to hold largest share of collaborative robot market in 2030

The presence of strong manufacturing bases, such as China, Japan, and South Korea, spurs the collaborative robot market in the Asia Pacific region. There is a rapid movement toward industrial automation across the region, supported by government policies and investment to promote smart factories further. This growth is further accelerated by market responsibilities for cobots, as demand increases from the electronics, automotive, and consumer goods industries, increasing their deployment. Another factor impacting further growth in the collaborative robot market is the increased presence of SMEs and the demand for low-cost and effective automation solutions. Coupled with the region's economic situation and skills level, Asia Pacific is well placed in the collaborative robot market.

Key Players

Key companies operating in the collaborative robot market include Universal Robots A/S (Denmark), FANUC CORPORATION (Japan), ABB (Switzerland), TECHMAN ROBOT INC. (Taiwan), AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD (China), KUKA AG (Germany), Doosan Robotics Inc. (South Korea), DENSO CORPORATION (Japan), YASKAWA ELECTRIC CORPORATION (Japan), and Rethink Robotics (US).

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