Collaborative Robot Market Share

Statistics for the 2023 & 2024 Collaborative Robot market share, created by Mordor Intelligence™ Industry Reports. Collaborative Robot share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Collaborative Robot Industry

The collaborative robot market is highly fragmented, with the presence of many major players like Universal Robots AS, Fanuc Corp., TechMan Robot Inc., Rethink Robotics GmbH, AUBO Robotics USA, and ABB Ltd, among others. These players in the market use partnerships, mergers, innovations, investments, and acquisitions to improve their products and gain a competitive edge over others.

  • February 2023 - Rapid Robotics announced a new collaboration with Universal Robots (UR), in which UR would supply collaborative robot arms for Rapid Robotics' deployment of cobot work cells across North America. Through this agreement, the company will be able to remove further obstacles to automation by using a robotic workforce to fill positions that manufacturers are unable to fill.
  • November 2022 - TechmanRobot introduced its TM AI Cobotseries of collaborative robots, which combines a powerful and precise robot arm with a native AI inferencing engine and smart vision system. It is an intelligent robotic arm series with a comprehensive AI software suite, including TM AI+ Training Server, TM AI+ AOI Edge, TM Image Manager, and TM 3DVisionTM, facilitating companies to train and tailor their system to precisely meet their application.

Collaborative Robots Market Leaders

  1. Universal Robots AS

  2. Fanuc Corp.

  3. TechMan Robot Inc.

  4. Rethink Robotics GmbH

  5. AUBO Robotics USA

*Disclaimer: Major Players sorted in no particular order

Collaborative Robots Market Concentration

Collaborative Robots Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)