Science
Collaborative Robots, or Cobots, Set to Benefit Businesses in Asia – Jakarta Globe
Cobots aren’t a replacement for human workers, but an assistant to aid workers in their tasks.
Singapore. A report by the World Robotics 2020 Industrial Report shows a record of 2.7 million industrial robots operating in factories globally, with 373,000 units shipped in 2019.
Amongst industrial robots, collaborative robots (cobots) continue to be the fastest-growing segment of industrial automation, projected to grow at a Compound Annual Growth Rate (CAGR) of 41.8% globally from 2020 to 2026, in a report by Markets&Markets.
The Asia Pacific cobot market is projected to become the largest…
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