Global cobot market revenues exceed $1B in 2023; further growth expected until 2028
Automation Mag
MAY 29, 2024
According to a report by Interact Analysis, a market intelligence firm, the global collaborative robot market exceeded $1 billion in revenues during 2023, despite overall demand recovering more slowly than expected post-pandemic. The firm’s report shares that annual revenue growth for cobots was around 11.9
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