Automotive CoRobots have been developed in response to demand for higher quality products, more agile supply chains and high-mix low-volume production comes from a need to remain competitive globally. These are factors driving an uptick in robot implementation. Robot adoption is occurring as manufacturers strive for greater flexibility, more versatility and lower costs. Collaborative robotics does not replace classic robotics but supplements it. Collaborative robots add a level of flexibility and human interaction to robots that was not previously available. Flexibility and human interaction are not possible when robots sit in an inaccessible cage. Collaborative robots represent a new element in the toolbox of automation creating flexibility for repetitive operations. The market research study provides insight into market driving forces, assessment of market opportunities, market share analysis, and market forecasts.