What to Consider Before You Buy a Cobot

The global collaborative robot market is projected to grow from $175.5 million in 2016, to $3,811.483 million by 2021. Manufacturers need to understand the facts before they jump on the cobot bandwagon, as this investment may not be as low-risk as it first appears.

On robotic automation in general, Jay Baron, CEO of the Centre for Automotive Research said, “Without this automation, our factories would have been obsolete a long time ago. Automation is necessary for