New ARC Advisory Group research report on the global market for collaborative robots reveals that the new breed of "cobots" are more mobile, better integrated with human activities, and - most importantly - can learn new skills and generate new insights/thoughts on the job.
(PRUnderground) August 26th, 2020
New ARC Advisory Group research report on the global market for collaborative robots (cobots) reveals that to get the full benefit from human-robot collaboration, manufacturers must develop integrated strategies that combine data analytics, design, and a new partnership ecosystem. Intelligent robots with integrated vision guidance and enhanced sensors are more adaptable to the production environment. The new breed of robots are more mobile, better integrated with human activities, and – most importantly – can learn new skills and generate new insights/thoughts on the job. The increase in the use of cobots also leads to increased data, and manufacturers need to put in more effort in securing and analyzing this data.
“Cobots will become a key source of information on the factory floor. The collection of data, however, is just one part of the task. Manufacturers will have to implement systems to organize and analyze all this information to be able to act on it. Big Data analysis will become a competitive differentiator. Also, as cobots become connected to internal systems to collect data, cybersecurity risks increase. Manufacturers will be forced to address vulnerabilities in their processes and invest heavily in cybersecurity to ensure safe, reliable production,” according to Rajkumar Paira, Senior Analyst at ARC Advisory Group and key author of ARC’s Collaborative Robots Global Market report.
About the Collaborative Robots Research
This ARC research on collaborative robots explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year (global/regional) forecasts for the collaborative robot market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts by industry, revenue category, payload type, arm type, application, sales channels, and customers.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes up to two years of historical data in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, go to www.arcweb.com/market-studies.
About ARC Advisory Group
Founded in 1986, ARC Advisory Group is the leading technology research and advisory firm for industry, infrastructure, and cities. ARC stands apart due to our in-depth coverage of both operational technologies (OT) and engineering technologies (ET) and associated business trends. Our analysts and consultants have the industry knowledge and the first-hand experience to help our clients find the best answers to the complex business issues facing organizations today. We provide our technology supplier clients with strategic market research, and help our end user clients develop appropriate adoption strategies and select the best technology solutions for their needs.Press Contact
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