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Global Collaborative Robots Market Research Report 2025

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Global Collaborative Robots Market valued approximately USD 169 million in 2016 is anticipated to grow with a healthy growth rate of more than 51.02 % over the forecast period 2017-2025. A collaborative robot, also known as “cobot”, is a robot which is intended to aid human beings as a guide or assistor in a certain job. Major factors expected to propel the market are the low cost and better ROI or return on investment of the collaborative robots. Moreover, their low cost has also attracted a lot of SMEs which only adds to the positive growth of the market.

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Created by aadolfst01 33 weeks 4 days ago – Made popular 33 weeks 3 days ago
Category: Technology   Tags:
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