According toResearch and Markets’Global Collaborative Robots Market 2015-2019 report, the global collaborative robots market grows at a CAGR of 50.88% over the period 2015-2019 as a new generation of collaborative robots is changing the game for smaller manufacturers, helping them compete more effectively, offering new opportunities for employees, and even improving worker safety.
Today, collaborative robots that can safely operate near humans and are easy to program through intuitive interfaces. Ideally, the operator would show the robot a new object to manipulate, and then guide it through a series of actions by manually moving its arms, effectively teaching the robot like one might teach a coworker. This would allow companies to readily use their robots on different tasks, without needing a specialized programmer. These robots, if cost-effective, could increase productivity and allow for new types of industry that rapidly personalize products to consumer needs or iterate on design.