It’s Only Common Sense Mastering the Follow-Up—The Key to Closing More Deals
Driving Innovation: Registration in PCB Production Throughout the Process
Dan's Biz Bookshelf: 'Getting Naked: A Business Fable'
Collaborative Robotics Market to Top $1B by 2020
June 9, 2015 | Business WireEstimated reading time: 1 minute
The collaborative robotics sector is expected to increase roughly tenfold between 2015 and 2020, reaching over US$1 billion from approximately US$95M in 2015, according to a new study published by ABI Research entitled Collaborative Robotics: State of the Market / State of the Art. The growth will be fueled by three key markets: electronics manufacturers and electronics manufacturing services companies, small-to-medium manufacturers, and manufacturers seeking robotic solutions optimized to support agile production methodologies.
According to Dan Kara, Practice Director, Robotics at ABI Research, “Collaborative robotic systems, such as ABB’s YuMi and Gomtec / Roberta platforms, Rethink Robotics’ Baxter and Sawyer, Universal Robots (Teradyne) UR family of robots, KUKA’s LBR iiwa and Kawada Industries’ Nextage, were developed in response to a number of pressing social drivers and businesses imperatives, and aided by ongoing technological innovation and dropping prices for powerful enabling technology. The sector is very dynamic and is expanding rapidly with new product offerings being released into the market from both established companies and smaller, emerging firms. Larger firms are actively acquiring smaller companies with proven technology.”
For a deeper look at collaborative robotics, its representative technologies, operational capabilities, political / social imperatives, and business drivers please attend ABI Research’s complimentary webinar: Collaborative Robotics: Market Opportunities on June 11, 2015 at 11 am ET hosted by Dan Kara. Included on the webinar page please also see our complimentary infographic which works in accordance with the upcoming webinar.
About ABI Research
ABI Research provides technology market research and technology intelligence for industry innovators. From offices in North America, Europe and Asia, ABI Research’s worldwide team of experts advises thousands of decision makers through 70+ research and advisory services. Est. 1990. For more information visit www.abiresearch.com, or call +1.516.624.2500.
Share on:
Suggested Items
Indium’s Karthik Vijay to Present on Dual Alloy Solder Paste Systems at SMTA’s Electronics in Harsh Environments Conference
05/06/2025 | Indium CorporationIndium Corporation Technical Manager, Europe, Africa, and the Middle East Karthik Vijay will deliver a technical presentation on dual alloy solder paste systems at SMTA’s Electronics in Harsh Environments Conference, May 20-22 in Amsterdam, Netherlands.
From Execution to Intelligence: A Data-driven Approach to Modern Manufacturing
05/06/2025 | Barry Matties, I-Connect007In this discussion, Augusto Vilarinho, an MES expert at Critical Manufacturing, explores the essential functions of MES in tracking and tracing shop floor activities where AI and machine learning capabilities are purposely built into the MES through it's embedded data platform, capturing all machine data, integrating and connecting with different systems, ERPs, physical equipment, and people.
Libra Industries Boosts SMT and Electronics Manufacturing Capabilities in Dallas, Texas
05/06/2025 | Libra IndustriesLibra Industries is excited to announce the latest upgrades to its surface mount technology (SMT) capabilities at its Dallas, Texas facility.
KYZEN’s Adam Klett to Present at 2025 SMTA Electronics in Harsh Environments Conference
05/05/2025 | KYZEN'KYZEN, the global leader in innovative environmentally responsible cleaning chemistries, announced today that Director of Science Adam Klett, PhD will present during the technical conference at the 2025 SMTA Electronics in Harsh Environments Conference.
The Government Circuit: Trump’s Trade War Disrupts the Electronics Ecosystem
05/06/2025 | Chris Mitchell -- Column: The Government CircuitThere is certainly no shortage of work to be done in the IPC Government Relations department, as the U.S. waged a tariff campaign on practically every industrial country in the world and several countries embarked on high-tech initiatives with a mix of approaches to the crucial foundations of electronics manufacturing. Indeed, the breadth and speed of U.S. President Donald Trump’s tariff campaign continues to be a serious challenge for our industry.