The report on Collaborative Robots Market by payload capacity (between 5 and 10 kg, up to 5 kg, above 10 kg),
application (pick, place, assembly, packaging, palletizing, handling, machine tending, quality testing, gluing, welding)
trends analysis and forecasts up to 2023 studies the market sizes, key trends and opportunities in the main
geographies such as North America, Europe, Asia-Pacific, Rest of the World. According to the report the Global
Collaborative Robots Market is projected to grow at a CAGR between 6.2% and 3.99%, in terms of value over the
period of 2017-2023. The growth in the world market is primarily driven by significant contribution by North America
(Leading region) region to this market.
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Segments Covered
The report on global collaborative robots market covers segments such as payload capacity, and application. The
payload capacity segments include between 5 and 10 kg, up to 5 kg, and above 10 kg. On the basis of application the
global collaborative robots market is categorized into pick and place, assembly, packaging and palletizing, handling,
machine tending, quality testing, gluing and welding, and others.
Geographic Coverage
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of
the World. In this section the key trends and market size for each geography is provided over the period of 2015 –
2023. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific
includes China, Japan, India, South Korea, Malaysia and among others. Moreover, European region covers countries
such as Germany, UK, France, Spain, and rest of Europe. The U.S. drives the growth in the North America region as it is
the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to
rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of
x.xx% over the period of 2017 - 2023.
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