Tag Archives: Collaborative Robot (Cobot) Market Size

Collaborative Robot (Cobot) Market 2021 Size, Growth Analysis Report, Forecast to 2027

The global collaborative robot market is expected to grow from $981 million in 2020 to $7972 million in 2026. It is expected to grow at an average annual growth rate (CAGR) of 41% during 2020-2026. Unlike traditional industrial robots, collaborative robots (cobots) provide a fast ROI (6 months in most cases), benefiting both small and […]