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The Robo Report

by   -   March 8, 2016
Source: The Robo Report
Source: The Robo 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 billion from approximately $95 million in 2014.



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