The collaborative robot market will exceed $11 billion by 2030, representing 29 percent of the total industrial robot market, according to ABI Research.
Buoyed by early innovators and adopters, the collaborative robotics market will become increasingly mainstream over the next 10 years.
The new analysis from global tech market advisory firm, ABI Research finds that the yearly revenue for cobot arms will reach $11.8 billion by 2030, an enormous increase from $711 million in 2019. [Read more…] about Collaborative robot market forecast to grow beyond $11 billion by 2030