Mobile cobots with varying payload capacities are used in the aerospace and defense, agriculture, automotive, construction, electronics, food and beverage, healthcare, manufacturing, mining and mineral, and retail industries. These end users use such robotic systems in assembling, machine tending, material handling, packaging, pick and place, quality inspection, and welding applications.
To meet the needs of end users, Kawasaki Heavy Industries Ltd., Siasun Robot Automation Co. Ltd., TECHMAN ROBOT INC., Diligent Robotics Inc., Robotnik Automation S.L.L., ABB Ltd., Aubo Robotics, and Shenzhen Yuejiang Technology Co. Ltd. (DOBOT) are focusing on facility expansions. The payload segment of the mobile collaborative robots market is categorized into 5 kg, 5–10 kg, and 10 kg.
Under this segment, the 5 kg category generated the highest revenue in 2019, as 5 kg payload capacity mobile cobots are ideal for pick and place, assembly, and testing applications. Whereas, the 5–10 kg category is expected to exhibit the fastest growth during the forecast period, owing to the surging use of 5–10 kg payload capacity mobile cobots in the electronics and automotive industries to handle materials within its weight range.
Globally, the APAC mobile collaborative robots market generated the highest revenue in 2019, and it will continue this trend in the forecast years as well, owing to the burgeoning demand for consumer electronics and electronic vehicles (EVs) in India, South Korea, and China. Additionally, the booming population and mounting disposable income of people will also contribute to the market growth in the region.
Moreover, the increasing presence of consumer electronics manufacturers and the rising inclination of end-use industries toward industrial automation will help the APAC market exhibit the fastest growth during the forecast period. Therefore, the rising demand for industrial automation solutions and the surging need for improving the production process in the automotive sector will lead to the widescale usage of mobile cobots globally.
