According to the report, "Collaborative Robots Market, by Payload Capacity (Above 10 Kg, Up to 10 Kg, Up to 5 Kg), Operational Environment (Speed & Separation Monitoring, Hand Guiding, Power & Force Limiting Safety-Rated Monitored Stop), Application (Gluing & Welding, Packaging, Assembly, Place & Pick, Machine Tending, Quality Testing), Components (Software, Hardware), and Industry (Pharmaceuticals & Chemistry, Metals & Machining, Automotive, Food & Beverage, Plastic & Polymer, Electronics & Consumer Goods, Furniture & Equipment) - Global Revenue, Trends, Growth, Share, Size and Forecast to 2022", the global collaborative robots market is expected to grow at an impressive CAGR during the forecast period.