How popular is the Collaborative Robot Market in US?

This is a golden era of automation, where robotics is turning out as avital technology which drives huge efficiencies and in certain cases, even turns the impossible into possible. Collaborative robots or cobots is one such invention of robotics which have been around since the 1990s. However, in last few years, developments in automation and sensors technology as well as artificial intelligence, have elevated their significance to a greater extent.

Growing Adoption of Collaborative robots

Collaborative robots are the latest version of robots programmed to collaborate with people in a shared work space. However, the dispute around collaborative robots is not likely to end any time soon. Some might consider them as aprogress of labor forceby guiding them in unprecedented stages of through put or some might think of them as amachinery that overcomes the global labor force by removing many experienced labors from their jobs.

At present, collaborative robots account for merely 5% of the global industrial robot sales.However, this number is likely to escalatedue the growing demand in the near future. A research report by Research Dive forecasts that the collaborative robot market will be worth $8,840.5 million by 2026, driven largely by implementation in the metal & machining, automotive, furniture & equipment, plastic & polymers food, and & beverage industries. According to this research the growing safety provided by collaborative robot is a key driver to their adoption.

The Shift to Collaborative Robots

Collaborative robotsare undeniably a robust trend in the robotics sector at present. With growing technological developments, robotics have become affordable to a widergroup ofindustries.On the other hand, the digitalization of warehouses indicates tremendous growth in market opportunity for new players to earn revenues.These robots are making a considerable impact on large as well as small businesses. Several industry players are considering these automated machines as a game-changer for several manufacturing companies. Due to this, many market players in the robotics industry have started leaping into the collaborative robots space.

In 2015, ABB, a leader in power and automation technologies developed YuMi, the world's first completely collaborative robot. This robot changed the definition of a typical robot and signaled the beginning of a new era where humans and robots safely worked side-by-side, in a free and shared environment.

Robotic companies like Universal Robots, ABB, FANUC, KUKA, and Motoman, are enduring to developout-standing, interactive robots within the collaborative sector in the coming years. Currently, Jharkhand government in India is using collaborative robots in COVID-19 is olation units to minimize human interference with patients. These robots are helping intransferring both medicines as well food from one bed to another, without any interference of health workers.

All together, the cobots arecapable of improving application functionality andreducing the amount of space required for a robotic unit. This innovative technology is offering huge benefits as well as returns to production lines, industries, and workers.

Access Brochure Here @ https://www.researchdive.com/download-sample/182

Future Scope of Collaborative Robots

Collaborative robots areforeseen to unlock various markets that were conventionally neglected by robotics including food, logistics, and safety. Businesses that providerobotic solutions to these segment sare foreseen to experience valuable opportunities in the coming future. For instance, 6 River Systems, has acollaborative robot, named Chucks, which uses cloud software to synchronize warehouse activities and function in co-ordination with human workers. This example of the use of cobots is definitely changing the viewpoint of many industrial players about these advanced-automated robots.

The rapid innovations in this challenging sector promises to introduce bothproductivity and advancement to innumerablemarket verticals in the next few years.In addition, the rising demand for collaborative robots from small & medium scale businesses due their affordable price as well as easy maintenance are expected to boost the growth of collaborative robots market at an exceptional rate in the upcoming years.

Collaborative Robot (Cobot) Market Insights Deep Analysis 2022-2030

With the advancements in technology, robotics is becoming available at a price that suits the pockets of even smaller as well as bigger companies. All thanks to the development of low-cost components, which have paved way for the upsurge of the collaborative robots or cobots .Collaborative robots are intended to collaborate with humans at work sites, and hence making automation a trouble-free job for businesses of all sizes. By now, cobots have been seen as a game-changer for a wide variety of applications. W hy cobots over traditional robots? The new robotics technology is outdoing the weighty, daunting robots usually locked in the cages for security reasons. Now, it’s time to make use of cobots in those heavy industrial tasks! These robots are quite affordable, safe, and flexible to deploy. They are programmed to work in collaboration with humans and not under humans—unlike traditional robots. With these advanced-automated robots, you can forget the cages and make way for proper

Contactless Payment Market size share growth analysis market demand

Contactless payment, also called as a tap-and-go system is a secure mode where the transactions are done using technologies such as NFC (near field communication), RFID (radio frequency identification), infrared, and bluetooth. Contactless payment is hassle-free and convenient for customers as it takes only one-tenth of the time taken by the old-style electronic transaction.Contactless payment is becoming popular owing to its benefits such as secure and fast payments without any need for cash or identifying details. Initially, these type of payments or cards were used for the purpose oftravelling tickets only. But today, this technology has evolved and is helping customers to make payments for almost anything. However, the permissible amount for a contactless payment varies by country and by the bank. Access to PDF Sample Report Here! @ https://www.researchdive.com/download-sample/181 Recent Developments in the Contactless Payment Industry As per a Research Dive blog, the digital e

Development: Aerospace 3D Printing Market Strategy Planning by Top Manufacturers

Aerospace 3D Printing Market Analysis 2026: According to a study of the Research Dive, aerospace 3D printing market forecast shall cross $5,933.4 million by 2026 , growing at a CAGR of 26.8% during forecast period. Aerospace 3D printing is primarily used to increase the efficiency of A&D supply chain, reduction of storage costs of inventory and waste production materials. Furthermore, the Aerospace 3D printing industry is focusing more on creating parts of aircraft that are lighter and stronger than parts made by using traditional manufacturing. Astonishing advantages of 3D printings in the supply chain of the aerospace and defense industry are projected to surge in the global market. In addition, the financial support provided by the government and non-government organizations across the globe is also driving the 3D printing in aerospace industry. For instance, National Aerospace Technology Exploitation Programme grants £140,000 funds for UK based company Sigma Components

Industrial Research World

Search This Blog