Cobots are redefining what’s possible in modern manufacturing, enabling flexible automation at a scale never seen before. A report from IDTechEx shows collaborative robots on a steep growth trajectory, with revenues expected to jump from $1.2 billion to nearly $30 billion in just over a decade. This rapid growth raises a critical question for manufacturers: what new possibilities do cobots unlock on the factory floor today and in the years ahead?
What exactly is a collaborative robot? In simple terms, a cobot is a robot designed to work with humans in a shared work environment without any extensive safety gates, guards, or fences. Cobots are lighter weight and smaller than traditional industrial robots, and are equipped with sensors and programming that stop a cobot if it detects an obstacle (or a person) in its path. It is often designed with rounded edges and extensive controls that monitor speed, direction and environment in real-time. In addition, cobots are smaller, more flexible and more adaptable, and can often work in areas too small for traditional industrial robots. Cobots can be mounted on trolleys or platforms that can be moved from station to station, and typically run on 110V current.