 Robotics Tomorrow
ABI Research Buoyed by early innovators and adopters, the Collaborative Robotics market will become increasingly mainstream over the next 10 years. A new analysis from global tech market advisory firm, ABI Research, finds that the yearly revenue for cobot arms will reach US$11.8 billion by 2030, an enormous increase from US$711 million in 2019. More than that, the total value of the collaborative market is considerably more, when accounting for software-related revenues and end-of-arm tooling (EOAT) accessories. Under this broader definition of the market, the cobot ecosystem is worth just over US$1 billion in 2019 and will be worth US$24 billion by 2030, with a CAGR of 28.6 %. (Full Article)
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