article thumbnail

Collaborative robot market has strong long-term future

Control Engineering

There have been over a hundred large orders placed in the automotive and non-industrial sectors, driving down average prices. The impact of delays to warehousing logistics projects has also resulted in a slower growth rate than expected. Collaborative robots can quickly replace workstations due to their flexibility and ease-of-use.

article thumbnail

Robotics and Automation in 2022 – Can They be a Hedge to Recession?

i4.0 today

Nevertheless, IDTechEx believes that the market will start to take off within two years thanks to the ‘smart factory’ proposals by leading automotive manufacturers, such as Audi. The warehousing mobile robotics industry has grown quickly in recent years, spurred by advances in robotics technology, autonomous navigation, and AI.