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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

Sales of Agriculture Robot Market to Increase from Top End-use Industries During the Forecast Period

  Agricultural robot market  size is estimated to rise with a   CAGR of 19.2% by generating a revenue of $16,640.4 million by 2026. Agricultural robots are the machinery used in the agricultural farmland which can substitute the work of human labor and can perform the task faster and better than the human. These machines have all the ability that a worker can do and can operated in all the climatic conditions, restricted environment, used in farmland as well as animal farms. Augmented use of vertical farming, rise in the demand for the food supply and rising population are the main drivers for the agricultural robot market. As per the report of World Health Organization (WHO), it is being predicted that by 2050 the world population will increase up to 9.7 billion. With the rise in population, there will be a significant increase in demand for food supplies. The vertical faming is a technique which has been adopted by the farmers for the many benefits. This technology can yield maximum

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