Collaborative Robot Market to Reach USD 3.38 Billion by 2030, Growing at 18.9% CAGR, Says MarketsandMarkets™

The global collaborative robot market was valued at USD 1.42 billion in 2025 and is projected to reach USD 3.38 billion by 2030, registering a CAGR of 18.9% during the forecast period, according to a new report by MarketsandMarkets. Growth is being driven by higher return on investment compared with traditional industrial robots, rising automation demand from e-commerce and logistics operators, and the increasing ease of deploying and programming cobots across businesses of all sizes.
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