The global Collaborative Robot Market is anticipated to increase, but during the forecast period, it will be constrained by issues such as a lack of specialised labour for cobot operations and a slow uptake of cobot technology. Technology for collaborativ...

Collaborative robot market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the collaborative robot market to exhibit a CAGR of 44.5% for the forecast period of 2021-2028.

Collaborative robots, also referred to as cobots, are used in numerous industries for a varied range of applications, due to their additional benefits over conventional industrial robots.