The Collaborative robots, also known as cobots, are designed specifically to work with humans in a defined workspace. The combination of humans and robots in a workspace significantly improves performance, when it is shared optimally. The collaboration of robots and humans also allows several automation levels and human intervention. Collaborative robots are utilized for various purposes, including machine tending, assembling, and quality control activities. Moreover, unlike traditional robots that can hurt humans in their proximity, collaborative robots are equipped with sophisticated visual technology and sensors that help them detect and identify human presence.
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The rising adoption of collaborative robots in small and medium enterprises is a key market driver. These robots are highly useful in manufacturing hubs to perform intricate tasks, such as assembling, packaging, loading, unloading, sorting, and many others and help companies save labor costs. In November 2019, Invertek Drives, U.K., deployed two collaborative robots in its production line to handle the testing and inspection of continually changing devices in a single production line.
In addition to small and medium enterprises, large companies are also adopting collaborative robots for their functionalities. For instance, Amazon is leveraging collaborative robots to assist its employees in warehouses. Moreover, the demand for collaborative robots is also increasing in the logistics sector. In order to cope with the demand, robot manufacturers are equipping collaborative robots with logistic technologies, which further reduce the technology expenditures and enhance robotic capabilities.
Key Players
- ABB (Switzerland)
- AUBO Robotics (The U.S.)
- Comau (Italy)
- Doosan Robotics (South Korea)
- F&P Robotics (Switzerland)
- FANUC (Japan)
- Franka Emika (Germany)
- KUKA (Germany)
- MABI Robotic (Switzerland)
- Precise Automation (The U.S.)
- Rethink Robotics (The U.S.)
- StƤubli (Switzerland)
- Techman Robot (Taiwan)
- Universal Robots (Denmark)
- YASKAWA (Japan)
From robots which can repair and monitor the natural environment to nanorobots to track and kill cancer.
Future robotics will influence every part of our society or life, and this is how robotics will affect the human race in coming future.
The progress in robotics industry is happening on all fronts, and Robotics-as-a-Service (RaaS) is going to accelerate innovation thus disrupting and changing the state of business operations in many sectors globally.
Robotics-as-a-Service (RaaS) Model is gaining popularity as it advances productivity at minimal costs, offers highly adaptable business solutions to different customers, focuses employees on high-value tasks and enables a smarter business network.
RaaS can be powered by the cloud to incorporate embedded devices into computing and web environments.
Different sectors are incorporating RaaS for example manufacturing industry which requires heavy operational work in plants, warehouses, and distribution centers.
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