Market projections suggest incredible collaborative robot growth

August 9, 2017

Source: RobotWorkx The global robotic market consists of a wide range of technologies that are advancing at light speed paces and expecting huge growths. This is especially seen within the collaborative branch. The collaborative robot market is expecting an incredibly high growth rate over the next few years. It is expected to grow at a compound annual growth rate of 60.04% between 2016 and 2022,

Rise of the cobot (market analysis and forecast)

April 24, 2017

Source: Plastics Today By 2025, the market for collaborative robotics is expected to reach $12 billion The automation sector had another exceptional year; it’s best ever, in fact. In 2016, the North American robotics market broke all time records for orders and shipments, according to statistics from the Robotic Industries Association (RIA; Ann Arbor, MI). A little more than 34,600 robots valued at approximately $1.9 billion were ordered in North …Read More