Universal Robots

The Rise of Collaborative Robots: Technical and Commercial Insights

Collaborative robots (cobots), driven by AI, machine vision, and modular designs, are revolutionizing smart factories by enhancing human-robot collaboration, achieving 95%+ accuracy in tasks, and targeting a US$29.8 billion market by 2035.

Comparison of Cobots by Their Parameters

Innovation map comparison of cobots by their parameters including payload, maximum reach distance, and price.

Average Price Comparison of Cobots Split by Price Range

Innovation map for the average price comparison of cobots split by price range.

Roadmap and Market Readiness Level of Cobots Driven by Industry 5.0

Innovation map of roadmap and market readiness level of cobots driven by industry 5.0.

The Continued Rise of the Robotics Industry Over the Next Decade

Due to rising labor costs and labor shortages, coupled with the surge in e-commerce and logistics demands, the mobile robotics market is rapidly expanding. IDTechEx's forecast indicates that the annual market size for mobile robotics in logistics and delivery is set to approach US$150 billion, marked by a robust double-digit compound annual growth rate (CAGR) over the next two decades.

Overview of Commercialized Cobots

Innovation roadmap for the report 'Collaborative Robots (Cobots) 2023-2043: Technologies, Players & Markets'.

Harmonic Drive SE — Mechanical Parts for Automation Devices

Harmonic Drive were established based on the invention of the strain wave gear by Walton Musser in 1955. Originally designed for space applications, the unique characteristics of this gear principle — including zero backlash, compactness, and high reduction in one stage — quickly gained acceptance in other industries and made the company rapidly expand.

Denso — New Market Player in the Cobot Industry

Denso is well known for being a global automotive component manufacturer. It has a subsidiary, Denso Wave, that produces robots, automatic identification devices (barcode readers and related products), and programmable logic controllers. IDTechEx met Denso at Automatica 2022, where the company demonstrated its industrial robots and collaborative robots.