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Collaborative Robots Market Size report 2024- 2030 [348 Pages & 239 Tables]

The global collaborative robot market is projected to grow from USD 1.26 billion in 2024 to USD 3.38 billion by 2030, registering a CAGR of 18.9%. The major market drivers include higher return on investment than traditional industrial robotic systems, increased demand in e-commerce and logistics sectors, significant benefits in businesses of all sizes, and easy programming of cobots. The opportunities include an increasing focus of automation experts on pairing robotic arms with mobile platforms such as AMRS or AGVs, a growing number of subscriptions for the Robotics-as-a-Service (RaaS) model, and rising demand for automation in the healthcare industry.
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