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Netease Technology News June 25 news, according to Reuters, the collaborationrobotbound to subvertindustryThe robotics industry, as the introduction of these types of Robots has enabled many small and medium-sized enterprises toautomation, they are inexpensive, easy to use, safe, and can be used to assist in repetitive, low-volume production tasks. The global market for collaborative robots will reach $11.5 billion by 2025, up from $116 million last year, roughly the same size as the entire Industrial robot market today, according to estimates by analysts at Barclays Bank.

Collaborative robots, or cobots, are often inexpensive, easy to use, and safe for the humans who work together. They are easily adapted to new tasks, which makes them ideal for auxiliary small batch production. Now that production cycles are shrinking, the introduction of such robots is just in time.

Cobots can typically lift 10kg and can be shrunk down to fit on a workbench. They help with repetitive tasks such as handling items, packaging, gluing and welding.

Some cobots are able to record the process after understanding the process and repeat the same task over and over again when the worker is guided only once. Such robots can sell for as little as $10,000, but typically sell for $20,000 to $30,000.

“By 2020, collaborative robots will have a huge impact on the industry,” said Stefan Lampa, CEO of KUKA in Germany.

Last year, growth in sales of industrial robots fell to 12 percent from 29 percent in 2014.

The world’s top Industrial Robot manufacturers – Japan’s Fanuc and Yaskawa, Switzerland’s ABB and Germany’s Kuka have produced collaborative robots, but these companies have not achieved large sales.

The cobot market leader is Denmark’s Universal Robots, which has been selling cobots since 2009 and was acquired last year by U.S. automated test equipment maker Teradyne for $285 million. (Chen Si)

Source of this article: NetEase Technology Report