New ARC Research Shows Growth for Collaborative Robots in the Post Pandemic Era

ARC’s new research into Collaborative Robots, otherwise known as Cobots, provides insights on the cobots market in the post pandemic era. The market for cobots will continue to experience double digit growth over the next five years. Cobots are one of the latest technologies that revolutionize the automation industry.

Unlike their industrial robot counterparts, cobots are designed to operate in proximity with human operators while addressing productivity challenges such as throughput, quality, efficiency, and accuracy. The elimination of the installation of safety safeguards in the factory space is a key advantage for using a cobot solution, as manufacturing flexibility, smaller factory footprint, and quicker redeployment can be achieved to adapt to the market and supply chain uncertainties.

"The Industrial Revolution has influenced the way robotics can evolve. From a mechanized equipment designed solely for productivity and efficiency, Industrial IoT, and the digital transformation revolution gave rise to more intelligent robots with a higher integration of sensors and computer vision technology. Better and different types of sensors also allow the enhancement of safety features, increasing the feasibility of a human-robot coworking relationship, which has proven to be reliable in addressing the recent global challenges. New enabling technologies such as AI and digital twins can influence the way in which humans interact with cobots in the future," according to Fox Chen, Market Analyst and key author of ARC's Collaborative Robots Market Research.

Collaborative Robots Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

6-axis Articulated Arm as the Mainstream Type

Cobots for Hazardous Environments

From Industry 4.0 to Industry 5.0

Industrial Autonomy

Industrial IoT as the New Norm

Intelligent Cobots

Lower Precision Cobots

M2M/Connected Robots

More Automation Companies Strengthening Portfolio with Articulated Arm Cobots

More Higher Payloads, Longer Reach Cobots

Programing Methods Are Getting Easier and Simple

Leading Suppliers to the Collaborative Robots Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: AUBO Robotics, FANUC, JAKA Robotics, Techman Robot, Teradyne (Universal Robots).

News release from ARC Advisory Group, 15/09/2023

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