Collaborative Robot Market Size, Share, Industry Growth &

From GlobeNewswire: 2024-04-30 20:30:00

The Collaborative Robot market Size is set to grow from USD 1.9 billion in 2024 to USD 11.8 billion by 2030, with a CAGR of 35.2%. Companies like Universal Robots A/S and FANUC CORPORATION are key players. In February 2023, ABB and Mettler-Toledo International Inc. collaborated to enhance lab automation. Universal Robots A/S launched the UR30 in November 2023, addressing industry needs for automation and versatility.

Universal Robots A/S specializes in collaborative robots for various industries. Their product lineup includes robot arms like UR3e, UR5e, and UR10e, each with its payload capacity. The company offers diverse applications such as palletizing, welding, and material handling, emphasizing automation and efficiency.
FANUC CORPORATION focuses on Factory Automation (FA) with technologies like numerical controls (NCs) and servos. They utilize IoT/AI in their products, including CNC systems, robots, servo motors, lasers, and Robomachines like ROBODRILL and ROBOCUT, showcasing a comprehensive portfolio in automation solutions.



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