The global mobile cobots market was valued at US$ 2.16 Bn in 2021. It is estimated to advance at a CAGR of 15.4% from 2022 to 2031. The global mobile cobots market is expected to reach US$ 8.92 Bn by the end of 2031.
Mobile cobots are the integration of mobile robots and mobile manipulators or end effectors having collaborative nature. The combination of collaborative and mobile robots provides companies more flexibility by enabling them to rapidly and cost-effectively adapt their production lines to new requirements and changing business needs.
The idea of ‘Industry 4.0’ has spread all over the world and currently, it is being implemented on a large-scale worldwide. Principles of the ‘Industry 4.0’ design include interoperability, information transparency, technical assistance, and decentralized decisions. Collaborative robots are fully compatible with the principles of ‘Industry 4.0’. Cobots are designed to be equipped with powerful onboard computers. They are interoperable and they can be easily integrated to IoT in any factory environment. Additionally, they offer information transparency and technical assistance. They can facilitate decentralized decisions.
Cobots are a perfect choice for situations where flexibility is more important than speed, thanks to user-friendly software tools and built-in sensor capabilities. Businesses require clever user-friendly camera and image processing systems; machine vision systems with localization capabilities are one example, which recognize patterns, perform quality control, arrange things, and read bar codes.
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Mobile Cobots Improve Worker Safety and Retention
The primary objective of mobile cobots is to conduct repetitive assembly cycles and tasks step-by-step with high accuracy and reliable execution. They boost productivity and safety at work while providing high levels of precision. Therefore, the market for mobile cobots is anticipated to grow during the forecast period owing to their high accuracy and falling price.
The potential of the collaborative robot rests on its basic definition ‒ collaboration. Collaborative robots are made to work alongside people, unlike fixed systems that need to be crated and fenced off to protect worker safety. When people are around, cobots can detect them and can prevent their arms from swinging or hurting them.
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Analysis of the mobile collaborative robots market trends indicate that cobots as being employed for palleting, inspection tasks, machine tending and maintenance, loading and unloading materials, and various other manufacturing tasks. They can be valuable partners for delicate or dangerous tasks associated with machine tending, because they can be implemented near workers. Improvements in sensors, computer vision, and connectivity are helping cobots become safer, which is especially important for emerging mobile manipulation.
The mobile collaborative robots market research report states that the presence of robots across every major industry, ranging from automotive and electrical & electronics industries to pharmaceutical & cosmetics and food & beverage industries, is expected to boost the market at a notable CAGR between 2022 and 2031.
