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Globalcobotmarket revenues are set to increase at >20% a year from 2024 to 2028. Credit: InteractAnalysis The global collaborative robot (cobot) market topped $1 billion in revenues during 2023, despite overall demand recovering more slowly than expected post-pandemic, according to new data from InteractAnalysis.
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 InteractAnalysis’ ‘Global Collaborative Robot Market – 2023’ report, market revenue grew by 17.2%
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