The rising requirement for automation and the existence of several automotive original equipment manufacturers (OEMs) in countries such as the U.S., South Korea, China, and Germany are propelling the sales of cobots around the world. Depending on offering, the mobile collaborative robots market is classified into services, software, and hardware. Out of these, the hardware category recorded the highest growth in the market in the past years, due to the extensive usage of these robots by automobile manufacturers.

When payload is taken into consideration, the mobile collaborative robots market is categorized into >10 kg, 5–10 kg, and