Industrial robotic applications have been growing exponentially across multiple industrial ecosystems, as value-addition to the existing operational paradigms become imperative. Rising eminence of collaborative robots (cobots) in the future is not surprising as automation continues to lie at the heart of industrial spaces for both regular and complex applications. Cost is also a key factor responsible for the rise of industrial robotics, owing to the fact that the average selling prices of robots have come down significantly over the past 20 to 30 years.
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2019-04-05
CTE source: https://ctemag.com/news/rise-smart-collaborative-robotic-eoat-opportunities-and-challenges/
Legacy path: /rise-smart-collaborative-robotic-eoat-opportunities-and-challenges