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Collaborative robots are broadening their marketplaces

Source: The Robot Report Universal Robots, the Danish manufacturer of a line of collaborative robots (also called “co-bots”), recently published financial statements which provide valuable insights into the growth potential of collaborative robots. At present, sales of collaborative robots represent just 5% of the overall robot market. The collaborative robotics sector, according to multiple pay-for research reports, is expected to increase roughly tenfold between 2015 and 2020, reaching over $1 …Read More