Global collaborative robot market size and share is currently valued at USD 1614.91 million in 2023 and is anticipated to generate an estimated revenue of USD 20,258.74 million by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 32.50% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 - 2032...

Collaborative Robot Market: A Comprehensive Overview of Growth, Segments, and Key Companies In today's rapidly evolving industrial landscape, the collaborative robot market is emerging as a game-changer for businesses seeking efficient, safe, and flexible automation solutions. Collaborative robots, or cobots, are designed to work alongside humans without the need for extensive safety...