<ul><li>The collaborative robot market is predicted to reach $7.2 billion by 2030, according to ABI Research.</li><li>The revenue from collaborative robots is expected to increase from $970 million in 2023 to $7.2 billion by 2030, with a compound annual growth rate of 28%.</li><li>Factors driving cobot sales include safety, lower average selling prices, and increased accessibility.</li><li>The automotive segment is expected to drive cobot uptake, with shipments growing from 13,000 in 2023 to 115,000 by 2030.</li></ul>

Collaborative robot market to reach $7.2B by 2030, predicts ABI Research

Discover more