The logistics industry is one of the emerging industries in which transformation is expected with the introduction of collaborative robots. Cobots are expected to transform the supply chain in the logistics and warehouses facilities. Cobots with high payload capacity can be used for picking, packing, and moving goods. Apart from this, cobots are being used in some research and science labs for performing experiments. Researchers look for a plethora of factors such as degrees of freedom, payload, reach, safety, mobility, and others. The major tasks for the collaborative robot in scientific and research areas include quality inspection and material handling. This can help in carrying out more hazardous experiments without putting human life in danger and risky situations. Also, cobots are being used in emerging applications such as healthcare services, filming, dairy operations, as well as food and baking industries.
Cobots have shown good potential in the new emerging application during the COVID-19 pandemic. Cobots are being used for COVID-19 testing and disinfecting purposes. Researchers at the University of Southern Denmark (SDU) developed a system for collecting the patient’s sample for the COVID-19 test. The system has Universal Robot’s UR3 cobot arms and a custom 3D-printed end-effector for taking a throat swab sample. Furthermore, researchers at Nanyang Technological University developed an automated disinfection system in which a cobot is mounted on a mobile platform fitted with an electrostatic spray nozzle for spraying the sanitizer.
The strategies adopted by the key players in the global cobot market to gain a significant market share have been varying from product launches to acquisitions to partnerships over time. The key developments and strategies segment provides comprehensive insights into the different market development activities that are currently being conducted by different key players in the industry to compete with each other directly.
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The major players in the cobot market are coming up with a range of product launches in order to generate public awareness about their existing as well as new products and to contest the competitors’ product portfolio. Product launches and developments are among the most significant strategies for gaining a competitive advantage in this growing industry. While new companies are venturing in the market with modern and technologically advanced products, the existing players are investing in exploring highly efficient technologies in the cobot market.
The competitive benchmarking chart, provided as follows, is based on the positioning of the leading companies in the market based on two parameters, namely depth in product portfolio and business strategy excellence. The depth in product portfolio consists of factors such as cobot offerings according to different payload, software and applications related to cobot, and product and upgradation in the last three years. Business strategy excellence consists of factors such as geographical presence, inorganic growth strategies (mergers and acquisitions and partnerships and collaborations), and funding and research and development activities.
