Research Methodology – Industrial Cobot Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Industrial Cobot Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Industrial Cobot Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Number of industrial cobot units sold globally.
- Growth rate of industrial automation sector.
- Implementation of cobots in different sectors such as automotive, food and beverage, pharmaceuticals, etc.
- Geographical spread and regional market sizes.
- Price of the industrial cobots and their market value.
- Market share of the leading industrial cobot businesses and manufacturing companies.
- Impact of government policies and regulations on industrial automation.
Key Market Indicators
- Annual growth rate of industrial cobot sales and their volume.
- Adoption rate of industrial automation across different sectors.
- Incremental growth of sectors employing industrial cobots, such as electronics, automotive, packaging, etc.
- Global and regional spending on industrial automation.
- Changes in the average price of industrial cobots.
- Market concentration rates of the key players in the industrial cobots sphere.
Growth Trends
- Increasing trend of automation across all sectors of the industry.
- Growth in collaborative robots over traditional industrial robots owing to their safety and cost-effectiveness.
- Trend of digitization and Industry 4.0 enhancing the growth of industrial cobots.
- The rising trend of 'cobots as a service' business model for flexibility and cost savviness.
- Growth trend in the adoption of artificial intelligence and machine learning in cobots.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Industrial Cobot Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Industrial Cobot Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights