• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • About
    • Contact
    • Privacy
    • Terms of use
  • Advertise
    • Advertising
    • Case studies
    • Design
    • Email marketing
    • Features list
    • Lead generation
    • Magazine
    • Press releases
    • Publishing
    • Sponsor an article
    • Webcasting
    • Webinars
    • White papers
    • Writing
  • Subscribe to Newsletter

Robotics & Automation News

Where Innovation Meets Imagination

  • Home
  • News
  • Features
  • Editorial Sections A-Z
    • Agriculture
    • Aircraft
    • Artificial Intelligence
    • Automation
    • Autonomous Vehicles
    • Business
    • Computing
    • Construction
    • Culture
    • Design
    • Drones
    • Economy
    • Energy
    • Engineering
    • Environment
    • Health
    • Humanoids
    • Industrial robots
    • Industry
    • Infrastructure
    • Investments
    • Logistics
    • Manufacturing
    • Marine
    • Material handling
    • Materials
    • Mining
    • Promoted
    • Research
    • Robotics
    • Science
    • Sensors
    • Service robots
    • Software
    • Space
    • Technology
    • Transportation
    • Warehouse robots
    • Wearables
  • Press releases
  • Events
collaborative robots

IFR’s projected growth of collaborative robots market ‘in line’ with Universal expectations

October 2, 2017 by Sam Francis

 

The International Federation of Robotics’ new report into the global industrial robotics market predicts significant growth in the collaborative robotics segment.

Universal Robots is widely regarded as the market leader in collaborative robots, having been the first to launch such machines almost 10 years ago and having sold more than 10,000 units since.

Having started out in Denmark, Universal Robots is now part of the US industrial giant Teradyne. 

Universal Robots CTO & co-founder Esben Østergaard says the IFR report’s projections about the collaborative robotics market is “in line” with the company’s expectations.

The World Robotics Report 2017, released by the IFR, forecasts 18 per cent growth in industrial robot installations for 2017, with growth of about 15 per cent forecast for 2018–2020.

 

Stronger-than-expected growth in the global economy, faster business cycles, greater variety in customer demand, and the emergence and expected scaling up of Industry 4.0 – or industrial internet – concepts are all factors behind the optimistic forecast.

Of particular interest, but “no great surprise” to Universal Robots is the leading role that collaborative robots – or cobots – is forecasted to play in the growth.

“Human-robot collaboration” is mentioned by IFR as the predominant trend, accompanied by simplification, ease of use and installation, light weight, mobility and low cost.

Universal Robots says these factors are “the very hallmarks of cobots” as the envisions them.

Esben Østergaard, founder and CTO, Universal

Østergaard, says: “The latest World Robotics Report forecasts could hardly be more in line with our own expectations – and vision – at Universal Robots.

“We see a role for traditional industrial robots in Industry 4.0 setups, but we continue to expect the cobot segment to show the strongest growth, driven by trends such as accelerating demand for consumer goods that display an element of ‘the human touch’ along with consistently high quality and a continued need among SMEs [small and medium size enterprises] to automate their manufacturing easily and affordably.”

Similar to last year, the IFR report sees growing demand for robotic automation in a wide range of industries, including the auto industry, electronics, rubber and plastics, food and beverages, pharmaceuticals, and metals.

Asia is forecasted to lead the market growth by a wide margin, with Europe and America showing continued growth, but at lower unit volumes.

Østergaard says: “Most industries can benefit from a greater degree of automation.

“Robotic automation improves consistency of quality and consistency of flow, and that’s something that everyone needs. Cobots are especially compelling today for several reasons.

“They work together with human workers instead of replacing them – especially valuable where the loss of manufacturing jobs is a sensitive issue. They can help companies reshore manufacturing.

“They are particularly useful in manufacturing setups that involve higher-margin, mass-personalized products.

“And for SMEs cobots remain the best way to gain the benefits of automation without breaking the bank. For Universal Robots, this is truly our time.”

Print Friendly, PDF & Email

Share this:

  • Click to print (Opens in new window) Print
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on X (Opens in new window) X
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to share on Pinterest (Opens in new window) Pinterest
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Pocket (Opens in new window) Pocket

Related stories you might also like…

Filed Under: Industrial robots, Industry, News Tagged With: cobots, collaborative robots, Esben Østergaard, ifr, international federation of robotics, teradyne, Universal Robots

Primary Sidebar

Search this website

Latest articles

  • Canadarm2 grapples Cygnus XL in key robotic arm manoeuvre at the ISS
  • Autonomous underwater waste collection soon to be a reality
  • Italian Institute of Technology develops robot for vineyard applications
  • Flexiv to make largest appearance yet at China International Industry Fair
  • Why Well Fitted Construction Uniforms Are Becoming a Safety Imperative?
  • Inspection and maintenance robots: Reaching the unreachable and dangerous
  • Fugro and NOAA partner to advance remote deep-ocean mapping
  • Meiko Group partners with Fizyr and Yaskawa Europe on automated dishwashing
  • The Precision Engineering Foundations of Next-Generation Robotics
  • ABB to invest an extra $110 million in US manufacturing

Secondary Sidebar

Copyright © 2025 · News Pro on Genesis Framework · WordPress · Log in

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT