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 Interact Analysis. Looking to the future, the market intelligence specialist predicts the global market for cobots will see a 22% increase in shipments during 2024 and anticipates similar levels of growth (>20%) each year through 2028.
The post Interact Analysis predicts strong global cobot market growth appeared first on The Robot Report.
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