Robotics Cobot, Your Friendly Colleague in the Lab
Collaborative robots or more popularly known as ‘cobots’ are being used in laboratories all over the world. Compact, lightweight and its ability to automate tedious and repetitive tasks within the lab with extreme precision and accuracy make the cobots a ‘must have’ in any lab setting.
Collaborative robots are not new. They have been present across diverse industries for quite some time. Easy to set up, lightweight and portable, these cobots prove to be a huge hit as it ensures extreme precision and offers consistent accuracy every single time. Collaborative robots are compact in size, cost-effective and are also capable of automating tedious and repetitive tasks which helps users to focus on more important and challenging work. This simple takeover of tasks leads to significant enhancements in productivity and quality.
In terms of market stats, the global collaborative robots market size is expected to grow from 1.9 billion dollars in 2022 to 2.5 billion dollars in 2023 at a compound annual growth rate (CAGR) of more than 29 %, shares the Collaborative Robots Global Market Report 2023 by The Business Research Company. It adds that the global collaborative robots market size is then expected to reach 7.1 billion dollars in 2027 at a CAGR of more than 28 %. Growth in the automotive industry, rise in e-commerce and logistics and rising urbanization are the core reasons behind this growth, opines the report.
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