U.S. Collaborative Robots Market Size, Share & Trends Analysis Report By Payload Capacity, By Application (Assembly, Handling, Packaging, Quality Testing, Machine Tending, Gluing & Welding), By Industry, And Segment Forecasts, 2023 - 2030

Report Overview

The U.S. collaborative robots market size was valued at USD 169.6 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 29.9% from 2023 to 2030. The growing demand to enhance operational efficiency and product quality, coupled with a growing shift toward automation to improve employee safety and reduce operational costs is a key factor driving the adoption of collaborative robots in the U.S. Moreover, collaborative robots use advanced technologies such as torque sensing, elastic actuators, and collision detection to avoid accidents and complete tasks efficiently.

Collaborative robots, also known as Co-robots or Co-bots (Cobots), are defined as robots intended to interact with humans physically in a shared workplace. These robots are designed to operate autonomously with limited guidance, in contrast with other industrial robots. Co-bots are used for various tasks, from autonomous robots capable of collaborating with humans in an office environment to industrial robots. Furthermore, cobots are also used for packing and packaging, designed to perform repetitive actions. The ease of handling, efficiency, and reliability, coupled with minimum human intervention is offering significant growth opportunities for U.S. collaborative robots market.

Several companies, including small and medium-scale manufacturers, are now deploying cobots to enhance productivity and achieve desired manufacturing goals. Large-scale businesses, especially electronics, automotive, furniture & equipment, metal & machinery, pharmaceuticals, and food & beverage, are investing heavily in adopting cobots by establishing the necessary infrastructure. These factors and economic benefits are thus anticipated to further fuel the growth of the U.S. collaborative robots industry considerably over the forecast period.

Payload Capacity Insights

The above 10kg segment is expected to witness a CAGR of nearly 32% over the forecast period. This growth is attributed to their ability to perform heavy tasks with reliability and precision. Cobots with payload capacity above 10kg efficiently perform heavy-weight processes by saving production times and being effective at tasks across a larger area. The increased adoption of cobots for various applications such as material assembly, testing, packaging & palletizing, machine testing, medical equipment processing, and heavy-duty pick-up and place operations is anticipated to provide numerous growth opportunities for cobots payload capacity above 10kg in the U.S.

The up to 5kg segment is expected to grow at a CAGR of approximately 29% from 2023 to 2030. The growth is attributed to their ability to offer flexibility, be lightweight, and work side-by-side with manufacturing unit employees. Furthermore, they are built for applications such as soldering, assembly, screwing, gluing, operating hand tools, painting, molding, polishing, laboratory work, and much more. The ability to perform a variety of tasks along with better consistency and accuracy are the factors projected to boost the growth of cobots with a payload capacity of up to 5kg in the U.S.

Application Insights

The gluing & welding are anticipated to witness a CAGR of more than 31% from 2023 to 2030. The numerous benefits offered by cobots, such as reduced waste, increased consistency, quality, and output product, gain attention from the customers. Collaborative robots help to maintain products uniformly while manufacturing as they move at a consistent speed and are accurate to within a fraction of a millimeter. Furthermore, cobots can perform PCB soldering processes. The ability of cobots helps to maintain consistent output quality and improves productivity resulting in increased growth opportunities for collaborative robots for gluing & welding applications.

The packaging segment is projected to grow at a significant CAGR over the forecast period. The demand for cobots for packaging applications is increasing with the rising number of online deliveries. Packaging cobots are ideal for placing products or objects in cases, trays, or other lightweight operations. Cobots help marketers to meet strict packing standards and get less error-prone and effective solutions while meeting the demand for repetitive work and avoiding employee injuries by providing them with the assistance of collaborative robots.

Industry Insights

The automotive industry is expected to witness the highest CAGR of approximately 31% over the forecast period. The rising focus of automotive players on strategic partnerships with industrial robot manufacturers to improve operational efficiency and gain maximum profits has resulted in the increased adoption of cobots. The market is expected to witness substantial development with the introduction of new metals and chemicals that provide cost-efficiency and weight reduction, and low-manufacturing overheads in automobile manufacturing. The growing shift toward automation to save time and cost is a key factor spurring the adoption of robotic materials handling equipment in the automotive industry.

The furniture & equipment industry accounted for the highest market share in 2022 and is projected to continue its dominance over the forecast period. Collaborative robots are used in metal and machinery to improve productivity and overcome labor shortages. Furthermore, implementing cobots helps reduce employee injury risks and increase the precision for performing complex tasks. The robots in the furniture and equipment industry help in delivering impressive levels of precision and consistency, reducing the error margin, and resulting in increased growth of the U.S. collaborative robots market.

Key Companies & Market Share Insights

The major players in the market are focusing on developing innovative, cobots to attract customers and gain a competitive edge in the market. For instance, in June 2022, Epson America, Inc. announced the extension of GX Series SCARA robots through the launch of Epson GX8 and GX4 SCARA Robots. The newly launched products are ideal for electronics, consumer electronics, and medical device industries. The increasing number of such new offerings is expected to favor the market's growth over the forecast period. Some prominent players in the U.S. collaborative robots market include:

• ABB Group

• AUBO (BEIJING) Robotics Technology Co., Ltd

• Comau S.p.A

• DENSO Corporation

• Energid Technologies Corporation

• Epson America Inc.

• Fanuc Corporation

• KUKA AG

• MRK-SystemS GmbH

• Precise Automation, Inc.

• Rethink Robotics GmbH

• Robert Bosch GmbH

• Techman Robot Inc.

• Universal Robots A/S

• Yaskawa Electric Corporation

U.S. Collaborative Robots Market Report Scope

U.S. Collaborative Robots Market Report Segmentation

This report forecasts revenue growth at the country level and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the U.S. collaborative robots market report based on payload capacity, application, and industry:

• Payload Capacity Outlook (Revenue, USD Million, 2018 - 2030)

  • Up to 5kg

  • Up to 10kg

  • Above 10kg

• Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Assembly

  • Pick & Place

  • Handling

  • Packaging

  • Quality Testing

  • Machine Tending

  • Gluing & Welding

  • Others

• Industry Outlook (Revenue, USD Million, 2018 - 2030)

  • Automotive

  • Food & Beverage

  • Furniture & Equipment

  • Plastic & Polymers

  • Metal & Machinery

  • Electronics

  • Pharma

  • Others