The size of the market for collaborative robots (cobots) is projected to grow at a compound annual growth rate of almost 33 percent between 2020 and 2030. While the market was sized at some 475 million U.S. dollars in 2020, it is expected to reach the size of around eight billion U.S. dollars in 2030.
Projected size of the global market for collaborative robots from 2020 to 2030
(in million U.S. dollars)
* Projections; for the Statista estimate, an exponential development of the values between 2020 and 2030 was assumed to estimate the annual values. The values for 2020 and 2030 were provided by the source.
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Statista. (May 26, 2021). Projected size of the global market for collaborative robots from 2020 to 2030 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1239304/size-of-the-collaborative-robot-cobot-market/
Statista. "Projected size of the global market for collaborative robots from 2020 to 2030 (in million U.S. dollars)." Chart. May 26, 2021. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1239304/size-of-the-collaborative-robot-cobot-market/
Statista. (2021). Projected size of the global market for collaborative robots from 2020 to 2030 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1239304/size-of-the-collaborative-robot-cobot-market/
Statista. "Projected Size of The Global Market for Collaborative Robots from 2020 to 2030 (in Million U.S. Dollars)." Statista, Statista Inc., 26 May 2021, https://www.statista.com/statistics/1239304/size-of-the-collaborative-robot-cobot-market/
Statista, Projected size of the global market for collaborative robots from 2020 to 2030 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1239304/size-of-the-collaborative-robot-cobot-market/ (last visited December 23, 2024)
Projected size of the global market for collaborative robots from 2020 to 2030 (in million U.S. dollars) [Graph], Statista, May 26, 2021. [Online]. Available: https://www.statista.com/statistics/1239304/size-of-the-collaborative-robot-cobot-market/
