Collaborative robot or cobot are the robots that have the ability to collaborate with humans, and to enhance the human capabilities. There are various advantages of using collaborative robot such as it is easy to program, easy to install, and are flexible, in terms of adding new tasks. These can increase production of products while cutting costs, and increases safety. Unlike traditional methods that require human labor to perform repetitive tasks, robotics is designed to complete complex work efficiently. Due to its accuracy, robots can do work of several workers that saves time and money.
Global collaborative robot market report is segmented into payload, component, application, end use industry, and region. Based on payload, the market is segmented into up to 5 kg, 6-10 kg, 11 kg, and above 11 kg. Based on component, the market is segmented into hardware and software. Based on application, the market is segmented into welding and soldering, material handling, assembling and disassembling, processing, dispensing/ painting / spraying, and others (molding, quality testing, etc.), Based on end use industry, the market is segmented into healthcare, automotive, food and beverages, metals and machining, plastic and polymers, and others (retail, electronics, furniture and equipment, etc.).
Market Dynamics:
Increasing usage of collaborative robot in various industries such as automotive, food and beverages, metals and machining and others is expected to drive the global f collaborative robot market growth. This technology enables the construction firm to complete tasks in less time, and thus, reduces costs and enhances productivity.
Key features of the study:
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