New ARC Advisory Group research report on collaborative robots (cobots) reveals that to get the full benefit from human-robot collaboration, manufacturers must develop integrated strategies that combine data analytics, design, and a new partnership ecosystem. The new breed of robots, however, is more mobile, is more integrated with human activities, and, most importantly, can learn new skills and generate new insights or thoughts on the job. The increase in use of cobots also leads to increased data, and manufacturers need to put more efforts in securing and analyzing this data.
“Cobots will become a key source of information on the factory floor. The collection of data, however, is just one part of the task. Manufacturers will have to implement systems to organize and analyze all of this information in order to act on it. Big Data analysis will become a competitive differentiator. As cobots become connected to internal systems for data collection, cybersecurity risks increase. Manufacturers will be forced to address vulnerabilities in their processes and invest heavily in cybersecurity to ensure safe, reliable production,” according to Rajkumar Paira, Senior Analyst at ARC Advisory Group and key author of ARC’s Collaborative Robots Global Market report.
About the Collaborative Robots Research
This ARC research on collaborative robots explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year (global/regional) forecasts for the collaborative robots market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts by industry, revenue category, payload type, arm type, application, sales channels, and customers.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes up to one year of historical data in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.