South & Central America Collaborative Robots Market Report 2021-2031 by Scope, Segmentation, Dynamics, and Competitive Analysis

Description

List of Tables

The collaborative robots market in South and Central America was valued at approximately US$ 47.66 million in 2023, with projections indicating it will grow to around US$ 316.65 million by 2031. This growth represents a compound annual growth rate (CAGR) of 26.7% from 2023 to 2031.

Drivers of Market Growth

The increasing adoption of industrial automation across various sectors, beyond just automotive, is a significant factor driving the collaborative robots market in this region. Industries such as logistics, food and beverages, electrical and electronics, and rubber and plastics are beginning to embrace automation technologies. Historically, non-automotive sectors have seen lower levels of automation compared to the automotive industry. However, as collaborative robots become more versatile and capable, their adoption in these sectors is expected to rise significantly.

While developed markets like China, the US, and Japan have high levels of automation, there remains substantial potential for growth in industrial automation, even in these mature markets. The automotive sector, in particular, is poised for further robot installations, driven by the need for modernization and transformation. This presents a promising outlook for manufacturers of collaborative robots, indicating a significant opportunity for increased adoption, especially with supportive government policies for manufacturers.

Market Overview

South America is home to several emerging economies that are experiencing rapid growth in their manufacturing sectors. Brazil, in particular, is leading the way in automotive adoption, hosting manufacturing facilities for major automotive brands such as Fiat, General Motors, Honda, Volkswagen, Renault, and Peugeot. The Brazilian government has indicated that the country will see substantial growth in automobile production capacity in the coming years, further bolstering the demand for collaborative robots.

Market Segmentation

The South and Central America collaborative robots market can be segmented based on several criteria:

1. Payload: The market is divided into three categories: up to 5 Kgs, 5-10 Kgs, and above 10 Kgs. The 5-10 Kgs segment accounted for the largest share in 2023.

2. Application: Key applications include assembly, pick and place, material handling, quality testing, machine tending, welding, packaging, and others. The material handling segment was the largest in terms of market share in 2023.

3. Type: The market is categorized into robotic arms, welding guns, grippers, and other types. The robotic arm segment held the largest market share in 2023.

4. End-User Industry: This includes automotive, electronics, metal and machinery, food and beverage, logistics, pharmaceuticals, and others. The automotive sector was the leading segment in 2023.

5. Functionality: The market is divided into static robots and mobile robots, with static robots holding a larger share in 2023.

6. Country: The market is segmented into Brazil, Argentina, and the Rest of South and Central America, with Brazil dominating the market share in 2023.

Key Players in the Market

Several prominent companies are active in the collaborative robots market in South and Central America, including:

ABB Ltd
Agile Robot SE
Aubo (Beijing) Robotics Technology Co Ltd
Azenta, Inc.
Bosch Rexroth AG
Comau SpA
Denso Corp
Doosan Robotics Inc
ESTUN AUTOMATION CO., LTD
Fanuc Corp
Kawasaki Heavy Industries Ltd
Kuka AG
OMRON Corp
Productive Robotics, LLC
Rethink Robotics GmbH
SIASUN Robot & Automation CO., LTD
Svaya Robotics Pvt. Ltd.
Techman Robot Inc
Teradyne Inc
Yaskawa America Inc

These companies are at the forefront of developing and deploying collaborative robots, contributing to the growth and evolution of the market in South and Central America.

Product Code: BMIRE00029213

1. Introduction

1.1 Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. South and Central America Collaborative Robots Market Landscape

4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis

5. South and Central America Collaborative Robots Market - Key Market Dynamics

5.1 South and Central America Collaborative Robots Market - Key Market Dynamics
5.2 Market Drivers
- 5.2.1 Government Support for the Development and Deployment of Robotics
- 5.2.2 Rapid Expansion in Manufacturing Industry
5.3 Market Restraints
- 5.3.1 Relatively Slow Production Rate
5.4 Market Opportunities
- 5.4.1 Widespread Adoption of Industrial Automation in Diverse Industries
5.5 Future Trends
- 5.5.1 Advancement in Robotics Industry
- 5.5.2 Mobile Collaborative Robot
5.6 Impact of Drivers and Restraints:

6. South and Central America Collaborative Robots Market - Analysis

6.1 South and Central America Collaborative Robots Market Revenue (US$ Million), 2021-2031
6.2 South and Central America Collaborative Robots Market Forecast Analysis

7. South and Central America Collaborative Robots Market Analysis - by Payload

7.1 5-10 Kgs
- 7.1.1 Overview
- 7.1.2 5-10 Kgs: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.2 Upto 5 Kgs
- 7.2.1 Overview
- 7.2.2 Upto 5 Kgs: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.3 Above 10 Kgs
- 7.3.1 Overview
- 7.3.2 Above 10 Kgs: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)

8. South and Central America Collaborative Robots Market Analysis - by Application

8.1 Assembly
- 8.1.1 Overview
- 8.1.2 Assembly: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.2 Pick and Place
- 8.2.1 Overview
- 8.2.2 Pick and Place: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.3 Material Handling
- 8.3.1 Overview
- 8.3.2 Material Handling: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.4 Quality Testing
- 8.4.1 Overview
- 8.4.2 Quality Testing: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.5 Machine Tending
- 8.5.1 Overview
- 8.5.2 Machine Tending: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.6 Welding
- 8.6.1 Overview
- 8.6.2 Welding: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.7 Packaging
- 8.7.1 Overview
- 8.7.2 Packaging: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.8 Others
- 8.8.1 Overview
- 8.8.2 Others: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)

9. South and Central America Collaborative Robots Market Analysis - by Type

9.1 Robotic Arm
- 9.1.1 Overview
- 9.1.2 Robotic Arm: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.2 Welding Guns
- 9.2.1 Overview
- 9.2.2 Welding Guns: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.3 Grippers
- 9.3.1 Overview
- 9.3.2 Grippers: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.4 Others
- 9.4.1 Overview
- 9.4.2 Others: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)

10. South and Central America Collaborative Robots Market Analysis - by End-user Industry

10.1 Automotive
- 10.1.1 Overview
- 10.1.2 Automotive: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.2 Electronics
- 10.2.1 Overview
- 10.2.2 Electronics: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.3 Metal and Machinery
- 10.3.1 Overview
- 10.3.2 Metal and Machinery: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.4 Food and Beverage
- 10.4.1 Overview
- 10.4.2 Food and Beverage: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.5 Logistics
- 10.5.1 Overview
- 10.5.2 Logistics: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.6 Pharmaceuticals
- 10.6.1 Overview
- 10.6.2 Pharmaceuticals: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.7 Others
- 10.7.1 Overview
- 10.7.2 Others: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)

11. South and Central America Collaborative Robots Market Analysis - by Functionality

11.1 Static Robot
- 11.1.1 Overview
- 11.1.2 Static Robot: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
11.2 Mobile Robot
- 11.2.1 Overview
- 11.2.2 Mobile Robot: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)

12. South and Central America Collaborative Robots Market - Country Analysis

12.1 South and Central America
- 12.1.1 South and Central America Collaborative Robots Market - Revenue and Forecast Analysis - by Country
  - 12.1.1.1 South and Central America Collaborative Robots Market - Revenue and Forecast Analysis - by Country
  - 12.1.1.2 Brazil: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 12.1.1.2.1 Brazil: South and Central America Collaborative Robots Market Share - by Payload
    - 12.1.1.2.2 Brazil: South and Central America Collaborative Robots Market Share - by Application
    - 12.1.1.2.3 Brazil: South and Central America Collaborative Robots Market Share - by Type
    - 12.1.1.2.4 Brazil: South and Central America Collaborative Robots Market Share - by End-user Industry
    - 12.1.1.2.5 Brazil: South and Central America Collaborative Robots Market Share - by Functionality
  - 12.1.1.3 Argentina: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 12.1.1.3.1 Argentina: South and Central America Collaborative Robots Market Share - by Payload
    - 12.1.1.3.2 Argentina: South and Central America Collaborative Robots Market Share - by Application
    - 12.1.1.3.3 Argentina: South and Central America Collaborative Robots Market Share - by Type
    - 12.1.1.3.4 Argentina: South and Central America Collaborative Robots Market Share - by End-user Industry
    - 12.1.1.3.5 Argentina: South and Central America Collaborative Robots Market Share - by Functionality
  - 12.1.1.4 Rest of South and Central America: South and Central America Collaborative Robots Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 12.1.1.4.1 Rest of South and Central America: South and Central America Collaborative Robots Market Share - by Payload
    - 12.1.1.4.2 Rest of South and Central America: South and Central America Collaborative Robots Market Share - by Application
    - 12.1.1.4.3 Rest of South and Central America: South and Central America Collaborative Robots Market Share - by Type
    - 12.1.1.4.4 Rest of South and Central America: South and Central America Collaborative Robots Market Share - by End-user Industry
    - 12.1.1.4.5 Rest of South and Central America: South and Central America Collaborative Robots Market Share - by Functionality

13. Competitive Landscape

13.1 Heat Map Analysis by Key Players
13.2 Company Positioning and Concentration

14. Industry Landscape

14.1 Overview
14.2 Market Initiative
14.3 Product News & Company News
14.4 Collaboration and Mergers & Acquisitions

15. Company Profiles

15.1 Kuka AG
- 15.1.1 Key Facts
- 15.1.2 Business Description
- 15.1.3 Products and Services
- 15.1.4 Financial Overview
- 15.1.5 SWOT Analysis
- 15.1.6 Key Developments
15.2 Yaskawa America Inc
- 15.2.1 Key Facts
- 15.2.2 Business Description
- 15.2.3 Products and Services
- 15.2.4 Financial Overview
- 15.2.5 SWOT Analysis
- 15.2.6 Key Developments
15.3 Aubo (Beijing) Robotics Technology Co Ltd
- 15.3.1 Key Facts
- 15.3.2 Business Description
- 15.3.3 Products and Services
- 15.3.4 Financial Overview
- 15.3.5 SWOT Analysis
- 15.3.6 Key Developments
15.4 Doosan Robotics Inc
- 15.4.1 Key Facts
- 15.4.2 Business Description
- 15.4.3 Products and Services
- 15.4.4 Financial Overview
- 15.4.5 SWOT Analysis
- 15.4.6 Key Developments
15.5 Fanuc Corp
- 15.5.1 Key Facts
- 15.5.2 Business Description
- 15.5.3 Products and Services
- 15.5.4 Financial Overview
- 15.5.5 SWOT Analysis
- 15.5.6 Key Developments
15.6 ABB Ltd
- 15.6.1 Key Facts
- 15.6.2 Business Description
- 15.6.3 Products and Services
- 15.6.4 Financial Overview
- 15.6.5 WOT Analysis
- 15.6.6 Key Developments
15.7 Rethink Robotics GmbH
- 15.7.1 Key Facts
- 15.7.2 Business Description
- 15.7.3 Products and Services
- 15.7.4 Financial Overview
- 15.7.5 SWOT Analysis
- 15.7.6 Key Developments
15.8 Techman Robot Inc
- 15.8.1 Key Facts
- 15.8.2 Business Description
- 15.8.3 Products and Services
- 15.8.4 Financial Overview
- 15.8.5 SWOT Analysis
- 15.8.6 Key Developments
15.9 Kawasaki Heavy Industries Ltd
- 15.9.1 Key Facts
- 15.9.2 Business Description
- 15.9.3 Products and Services
- 15.9.4 Financial Overview
- 15.9.5 SWOT Analysis
- 15.9.6 Key Developments
15.10 Bosch Rexroth AG
- 15.10.1 Key Facts
- 15.10.2 Business Description
- 15.10.3 Products and Services
- 15.10.4 Financial Overview
- 15.10.5 SWOT Analysis
- 15.10.6 Key Developments
15.11 Teradyne Inc
- 15.11.1 Key Facts
- 15.11.2 Business Description
- 15.11.3 Products and Services
- 15.11.4 Financial Overview
- 15.11.5 SWOT Analysis
- 15.11.6 Key Developments
15.12 Denso Corp
- 15.12.1 Key Facts
- 15.12.2 Business Description
- 15.12.3 Products and Services
- 15.12.4 Financial Overview
- 15.12.5 SWOT Analysis
- 15.12.6 Key Developments
15.13 Comau SpA
- 15.13.1 Key Facts
- 15.13.2 Business Description
- 15.13.3 Products and Services
- 15.13.4 Financial Overview
- 15.13.5 SWOT Analysis
- 15.13.6 Key Developments
15.14 SIASUN Robot & Automation CO., Ltd
- 15.14.1 Key Facts
- 15.14.2 Business Description
- 15.14.3 Products and Services
- 15.14.4 Financial Overview
- 15.14.5 SWOT Analysis
- 15.14.6 Key Developments
15.15 Agile Robot SE
- 15.15.1 Key Facts
- 15.15.2 Business Description
- 15.15.3 Products and Services
- 15.15.4 Financial Overview
- 15.15.5 SWOT Analysis
- 15.15.6 Key Developments
15.16 Azenta, Inc.
- 15.16.1 Key Facts
- 15.16.2 Business Description
- 15.16.3 Products and Services
- 15.16.4 Financial Overview
- 15.16.5 SWOT Analysis
- 15.16.6 Key Developments
15.17 Svaya Robotics Pvt. Ltd.
- 15.17.1 Key Facts
- 15.17.2 Business Description
- 15.17.3 Products and Services
- 15.17.4 Financial Overview
- 15.17.5 SWOT Analysis
- 15.17.6 Key Developments
15.18 Productive Robotics, LLC
- 15.18.1 Key Facts
- 15.18.2 Business Description
- 15.18.3 Products and Services
- 15.18.4 Financial Overview
- 15.18.5 SWOT Analysis
- 15.18.6 Key Developments
15.19 ESTUN AUTOMATION CO., LTD
- 15.19.1 Key Facts
- 15.19.2 Business Description
- 15.19.3 Products and Services
- 15.19.4 Financial Overview
- 15.19.5 SWOT Analysis
- 15.19.6 Key Developments
15.20 OMRON Corp
- 15.20.1 Key Facts
- 15.20.2 Business Description
- 15.20.3 Products and Services
- 15.20.4 Financial Overview
- 15.20.5 SWOT Analysis
- 15.20.6 Key Developments

16. Appendix

16.1 About The Insight Partners
16.2 Word Index