Global Robotic Arm Market Trends

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Global Robotic Arm Market Size, Share, and Trends Analysis Report Trends

  • Semiconductors and Electronics
  • Mar 2024
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

“Rising Adoption of Collaborative Robots (Cobots)”

  • Collaborative robots, or cobots, are gaining significant traction in the robotic arm market due to their ability to work safely alongside human operators without the need for extensive safety guarding
  • Cobots are designed for ease of programming and deployment, making them highly attractive to small and medium-sized enterprises (SMEs) that may lack dedicated robotics expertise
  • These robots are particularly suited for tasks requiring human-robot interaction, such as assembly, quality inspection, and material handling, where flexibility and adaptability are key
    • For instance, Universal Robots, a leading cobot manufacturer, has seen significant growth in various industries, including electronics, automotive, and food and beverage, as businesses seek to automate tasks without completely replacing human workers
  • The growing emphasis on flexible manufacturing and personalized production is further driving the demand for cobots, as they can be easily reconfigured for different tasks and production runs