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Collaborative robots will help drive explosive growth in 2016
13. January 2016 / By Enrico Krog Iversen former CEO / 1 Comment
As we enter 2016, Universal Robots is in the middle of the most exciting era in the history of robotics and the automation industry. We continue to see explosive growth, with 2015 establishing a new record in robot sales worldwide, topping 2014 by 15%. This year, we expect an even steeper curve. Specifically, the market for collaborative robots —what we call cobots— accounts for 100 Million US dollars per year, expected to increase roughly tenfold reaching over US $1 billion in 2020.
As the inventor of this disruptive technology, we’re poised to retain our leadership position while expanding what is already a majority market share.
In the months to come, you can expect to see new exciting features, technologies, applications, and products from our R&D group. Already, technology advances and industry innovations from Universal Robots and others have led to robotics becoming mainstream in small and medium-size manufacturers, helping them reduce manufacturing costs so they can compete effectively in broader markets. And human collaboration with robotics continues to make advancement in traditional markets as well as helping to develop new applications for automation.
Collaborative robots from Universal Robots are in the center of these trends, and we continue to drive growth in these areas with the fastest payback period in the industry. Our highly efficient collaborative robots help lower labor costs and improve delivery times, with fewer production bottlenecks, less raw material waste, and consistent high product quality. With their flexible deployment and reduced expenses for safety guarding or complex programming, cobots from Universal Robots are the ideal automation tool for manufacturers who are ready to leapfrog their competition.
We’re in an era of great change, and we’re excited to be driving the charge. We look forward to meeting many more partners and customers in 2016. Here are just a few of the opportunities for you to come see Universal Robots’ collaborative robots in person this year:
And check our events calendar for a full overview of close encounters with the UR cobots.
Are you interested in learning more about how to get started up with cobots? You can download our guide "Get started with Cobots in 10 easy steps"
Enrico Krog Iversen was CEO and partner at Universal Robots from 2008 - 2016. He discovered a huge potential in the UR robots that - compared with traditional industrial robots - are intuitive to program, simple to integrate and flexible to deploy. Within a few years, he created spectacular growth and expansion of Universal Robots, combining many years of experience in management with in-depth knowledge of automation and production processes.