The global mobile cobots market is poised for significant expansion, with its valuation expected to surge from USD 2.16 billion in 2021 to USD 8.92 billion by 2031, progressing at a CAGR of 15.4% during the forecast period from 2022 to 2031. The rising adoption of collaborative mobile robots (cobots) across industries such as manufacturing, logistics, healthcare, and retail is fueling market growth. Businesses are increasingly integrating mobile cobots to enhance productivity, improve operational efficiency, and address labor shortages, while advancements in artificial intelligence (AI), machine learning, and autonomous navigation continue to drive innovation in the sector.

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Market Introduction

Mobile cobots represent the convergence of autonomous mobile robots (AMRs) and collaborative robotic arms, providing industries with innovative automation solutions. These robots are equipped with advanced sensors, AI-powered navigation, and vision systems, making them suitable for a wide range of applications, including assembly, material handling, inspection, and logistics.

As the adoption of Industry 4.0 accelerates, mobile cobots are gaining prominence due to their ability to offer interoperability, transparency, and decentralized decision-making capabilities. Businesses are increasingly integrating cobots into their operations to enhance productivity and meet evolving manufacturing demands.

Market Drivers

Several key factors are fueling the growth of the global mobile cobots market:

• Growing Demand for Automation: Industries are embracing automation to improve efficiency and reduce operational costs.
• Worker Safety & Retention: Cobots reduce workplace injuries by handling hazardous tasks and ensuring a safer work environment.
• Rising Demand from SMEs: Small and medium-sized enterprises (SMEs) are increasingly adopting mobile cobots due to their cost-effectiveness and ease of deployment.
• Advancements in AI & Machine Learning: Enhanced navigation, perception, and decision-making capabilities are improving the functionality of cobots.
• Declining Costs of Robotics Components: Affordable sensors, actuators, and processors are making cobots more accessible across various industries.

Key Players

The mobile cobots market is highly competitive, with several key players driving innovation and market expansion. Notable companies include:

• Universal Robots
• ABB Ltd
• Aubo Robotics
• Fanuc Corporation
• Kawasaki Heavy Industries, Ltd.
• KUKA AG
• Precise Automation, Inc.
• Rethink Robotics
• Robert Bosch GmbH
• TECHMAN Robots
• Yaskawa Electric Corporation

Recent Developments

• August 2022: KUKA AG secured record-breaking orders amid strong demand for automation solutions.
• June 2022: Universal Robots introduced a new 20 kg payload cobot to expand its product portfolio.
• May 2022: Nokia and Mobile Industrial Robots (MiR) showcased the benefits of 5G-powered cobots at LogiMat, Germany.
• January 2022: KUKA AG signed a major contract with Ford Otosan for over 700 robots to support electric vehicle production.
• April 2021: Doosan Robotics launched the Doosan ROS 2 package, positioning itself as a leader in next-generation cobot software.

Market Trends

• Increased Deployment in Warehousing & Logistics: Cobots are being widely used in e-commerce and supply chain operations.
• Surge in Demand for Small Payload Cobots: SMEs are increasingly adopting cobots with payload capacities between 1–5 kg for lightweight applications.
• Integration with IoT & Cloud Computing: Cobots are now equipped with remote monitoring and predictive maintenance capabilities.
• Enhanced Human-Robot Collaboration: Improvements in safety features and AI-driven decision-making are facilitating seamless collaboration between cobots and human workers.

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Regional Insights

• Europe dominated the global mobile cobots market in 2021, holding a 32.5% share, driven by extensive R&D and industrial automation adoption.
• North America accounted for 28.2% of the market, with strong demand from the logistics and automotive sectors.
• Asia-Pacific held 26.7% of the market, led by rapid industrialization in China, Japan, and South Korea.

Market Segmentation

Component

·         Hardware

·         Arm / End Effector

·         AMR

·         Controller

·         Vision System

·         Accessories

·         Software

·         Services

Capacity

·         1 to 3 kg

·         3 to 5 kg

·         5 to 10 kg

·         Above 10 Kg

Application

·         Assembly

·         Machine Tending

·         Quality Inspections

·         Process(Material Removal/gluing/dispensing/welding/finishing)

·         Material Handling

·         Others (Maintenances Activities, Packaging, Inventory, etc.)

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Future Prospects

Looking ahead, the mobile cobots market is poised for sustained growth. Future developments include:

• Wider adoption in healthcare for patient assistance and laboratory automation.
• Increased integration of AI and 5G to enhance real-time data processing and decision-making.
• Advancements in grippers and end effectors for more precise handling of complex tasks.
• Growing investment in emerging markets as automation trends expand beyond traditional industrial hubs.

Frequently Asked Questions (FAQs)

Q1: What is the expected market size of the global mobile cobots market by 2031?
A: The market is projected to reach US$ 8.92 billion by 2031.

Q2: What factors are driving the growth of mobile cobots?
A: Key drivers include increasing automation demand, enhanced worker safety, technological advancements, and the rise of Industry 4.0.

Q3: Which industries are adopting mobile cobots the most?
A: Mobile cobots are widely used in manufacturing, logistics, automotive, electronics, food & beverage, and healthcare sectors.

Q4: What is the role of AI in mobile cobots?
A: AI enhances cobots' decision-making, navigation, object recognition, and predictive maintenance capabilities.

Q5: Who are the leading players in the mobile cobots market?
A: Major companies include Universal Robots, ABB Ltd, KUKA AG, Fanuc Corporation, and Yaskawa Electric Corporation.

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