Collaborative Robot Market To Reach $17,227.4 Million By 2033

December 2025 | Report Format: Electronic (PDF)

Collaborative Robot Market Growth & Trends

The global collaborative robot market size is expected to reach USD 17,227.4 million by 2033, registering a CAGR of 23.1% from 2026 to 2033, according to a new report by Grand View Research, Inc. The growth can be credited to the growing inclination of industries toward collaborative robots or cobots to automate manufacturing processes.

Over the past few years, the growing interest in robot technology across various industries has positively impacted the collaborative robots industry. Unlike conventional industrial robots, cobots are developed to operate at par with their human counterparts. They are mobile and can be easily moved from one area of a manufacturing facility to another. Moreover, they can be programmed with ease, are more cost-effective than their fixed counterparts, and can be used in a wide range of low-speed, repetitive applications.

The increasing need for highly efficient and user-friendly robots that do not require highly skilled experts for deployment and functioning has created a significant demand for software platforms. These platforms allow the integration of robots, motion control, and the generation of an interface that enables the programming of such robots. For instance, Mitsubishi Electric Corporation has launched a cobot named MELFA ASSISTA equipped with RT VisualBox, the company’s engineering software. This software allows the intuitive creation of operating sequences by connecting block diagrams in a chain of events, including linking with other devices, such as cameras and the hands of the robot.

The increasing demand from industrial customers, researchers, and engineers further strengthens the outlook of the collaborative robots industry. These robots are being deployed across various industries and have been highly influential in addressing the challenges faced by the logistics sector, such as complex work processes, and managing several tasks in different combinations and compact spaces.

key Request a free sample copy or view report summary: Collaborative Robots Market Report

Collaborative Robot Market Report Highlights

By payload capacity, the up to 5 kg segment led the market and held the largest revenue share of over 44% in 2025. The above 10kg segment is expected to witness the fastest CAGR of 24.3% from 2026 to 2033.
By application, the assembly segment led the market and held the largest revenue share of over 23% in 2025. The gluing & welding segment is expected to register the fastest CAGR from 2026 to 2033.
By industry vertical, the automotive segment dominated the market in 2025. The electronics segment is expected to register a significant CAGR from 2026 to 2033.
The collaborative robot market in the Asia Pacific region accounted for the largest revenue share of over 51% in 2025. The collaborative robot market in China held a substantial market share in 2025.