ABI Research, a market-foresight advisory firm providing guidance on the most transformative technologies, has identified collaborative robotics as one of the fastest growing segments of robotic systems.
Small-to-medium sized businesses are driving the increased demand for collaborative robots, as cobots provide solutions that allow for a more flexible kind of manufacturing that makes no assumptions as to volume levels or types of products being manufactured.
From 2016 to 2025, the global revenue of collaborative robotics shipments is set to enjoy a compound average growth rate of 49.8 per cent, compared to 12.1 per cent for Industrial robots and 23.2 per cent for commercial robotics.
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