Regardless of an absence of progress in 2023 and 2024, the most recent report from ABI Analysis predicted that income from collaborative robots will enhance from $970 million in 2023 to $7.2 billion by 2030 at a compound annual progress price, or CAGR, of 28%. The analysis agency mentioned that security, decrease common promoting costs, and accessibility will drive cobot gross sales within the coming years.
“Cobots are on the forefront of the robotics revolution,” acknowledged George Chowdhury, robotics trade analyst at ABI Analysis. “They’ve the potential to democratize automation and convey robots into new markets, working facet by facet with human staff to unlock financial progress.”
“Cobots have a synergy with synthetic intelligence,” he added. “Enterprises have leveraged the 2 applied sciences mixed to automate duties which have, till now, been completely reserved for human staff. Furthermore, the extra inexpensive price and security of cobots create a possibility for small and medium [size] enterprises (SMEs) to undertake robotics, unlocking main productiveness benefits for broad sectors of the economic system.”
The Affiliation for Advancing Automation (A3) tracks industrial and collaborative robotic gross sales in North America. In 2024, firms ordered 31,311 robots valued at $1.963 billion, representing slight will increase of 0.5% in models and 0.1% in income over 2023.
In 2023, North American robotic orders declined by 30% after two years of file gross sales.
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Automakers, nearshoring to drive cobot progress, in keeping with ABI
ABI Analysis mentioned it expects cobots to play a big function in international reshoring initiatives. Geographically, cobot shipments will develop to 64,000 per yr in North America by 2030, a CAGR of 29%.
The analysis agency forecast that China will turn into the primary adopter within the Asia-Pacific (APAC) area, rising to 130,000 annual shipments on the finish of the last decade, with suppliers experiencing a CAGR of 41%.
Inside industrial manufacturing, the automotive section will drive cobot uptake, with shipments rising from 13,000 in 2023 to 115,000 by 2030. Progress in use instances, together with palletization and inspection, can have a knock-on impact on attachment gross sales, together with cameras.
3D cameras, stereo cameras with the power to evaluate object depth, will probably be hooked up to 59% of cobot deployments by 2030.
“Collaborative robots are the flagship type issue for democratization and automation growth into new markets, notably by way of SMEs,” Chowdhury wrote. “Cobots can revolutionize industries from medication to agriculture by augmenting human staff with AI value-adds.”
Whereas conventional robotics OEMs have developed cobot product strains — together with FANUC, KUKA, ABB, Omron, and Kawasaki — Common Robots (UR) and its associate community continues to manage the biggest market share.
NVIDIA may also play a essential half within the additional adoption of cobots, mentioned ABI. The corporate’s graphics processing models (GPUs), coupled with software program merchandise similar to Isaac Manipulator, will ship AI-augmented techniques to the market, enabling new robotics use instances.