Remove 2027 Remove Beverage Remove Logistics Remove Robotics
article thumbnail

Collaborative robot market has strong long-term future

Control Engineering

Collaborative robot insights The collaborative robot (cobot) market dropped 20% in 2022 after a strong 2021, which led some to worry the market was heading for a downturn for the future. According to Interact Analysis’ ‘Global Collaborative Robot Market – 2023’ report, market revenue grew by 17.2% to 37,780 units.