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 technologyas well as artificial intelligence, have elevated their significanceto 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.
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The Shift to Collaborative Robots
Collaborative robotsare undeniably a robust trend
