Collaborative Robots Industry Overview The global collaborative robot (cobot) market was valued at USD 2.14 billion in 2024 and is anticipated to grow at an impressive compound annual growth rate (CAGR) of 31.6% from 2025 to 2030. This remarkable growth is attributed to the surging demand for automation across diverse industries, including manufacturing, healthcare, automotive, and logistics....

The global collaborative robots (cobots) market was valued at USD 1.23 billion in 2022 and is expected to grow significantly at a compound annual growth rate (CAGR) of 32.0% from 2023 to 2030. This growth is largely driven by the increasing adoption of cobots in Small and Medium Enterprises (SMEs), where companies are investing in these robots to work alongside humans in shared spaces and...