Regardless of a scarcity of progress in 2023 and 2024, the most recent report from ABI Analysis predicted that income from collaborative robots will improve 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 produce 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 reasonably priced price and security of cobots create a chance for small and medium [size] enterprises (SMEs) to undertake robotics, unlocking main productiveness benefits for broad sectors of the financial system.”
The Affiliation for Advancing Automation (A3) tracks industrial and collaborative robotic gross sales in North America. In 2024, corporations ordered 31,311 robots valued at $1.963 billion, representing slight will increase of 0.5% in items and 0.1% in income over 2023.
In 2023, North American robotic orders declined by 30% after two years of document gross sales.
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Automakers, nearshoring to drive cobot progress, in response to ABI
ABI Analysis mentioned it expects cobots to play a big position in international reshoring initiatives. Geographically, cobot shipments will develop to 64,000 per 12 months in North America by 2030, a CAGR of 29%.
The analysis agency forecast that China will change 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 phase will drive cobot uptake, with shipments rising from 13,000 in 2023 to 115,000 by 2030. Development in use circumstances, together with palletization and inspection, may have a knock-on impact on attachment gross sales, together with cameras.
3D cameras, stereo cameras with the power to guage object depth, will likely 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 through SMEs,” Chowdhury wrote. “Cobots can revolutionize industries from drugs 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 regulate the most important market share.
NVIDIA may also play a important half within the additional adoption of cobots, mentioned ABI. The corporate’s graphics processing items (GPUs), coupled with software program merchandise resembling Isaac Manipulator, will ship AI-augmented programs to the market, enabling new robotics use circumstances.
