Among these, the assembling category is projected to record the highest CAGR in the coming years. This can be ascribed to the fact that mobile cobots are required on a large scale in assembly application, as these help in reducing assembly time and thus increasing the speed of manufacturing. With the surging automation level in the manufacturing sector, the need for such cobots is rising for assembly purposes.

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Moreover, the mobile collaborative robots market is categorized into electronics, manufacturing, automotive, retail, mining & mineral, agriculture, aerospace & defense, and healthcare, based on end user. Out of these, the electronics category is expected to hold the largest market share by 2030. This can be attributed to the rapid adoption of mobile cobots in the growing electronics industry by manufacturers to increase their productivity and perform repetitive tasks in less time.

Geographically, the APAC mobile collaborative robots market is expected to witness the fastest growth during the forecast period. This can be ascribed to the growing population, increasing disposable income, surging awareness about automation solutions, and rising automotive and consumer electronics industries, in the region. Moreover, the presence of major electronics manufacturers, including Samsung Electronics Co. Ltd. and LG Electronics Pvt. Ltd., and increase in adoption of industrial automation solutions to diminish human intervention, are also boosting the need for mobile cobots in APAC.

Thus, the surge in need for industrial automation solutions and the benefits of adopting collaborative robots in industries are expected to propel the market growth in the future.