Cobots, or collaborative robots, are a new breed of industrial robots that are designed to work safely and efficiently alongside human workers. Unlike traditional industrial robots, which are typically large, powerful, and expensive, cobots are smaller, lighter, and more affordable. They are also much easier to program and use, making them ideal for a wide range of manufacturing and assembly tasks. Cobots are already having a major impact on the industrial robotics market, and their popularity is only expected to grow in the years to come. Cobots were first envisioned in the early 1990s to make robots safer for humans to work with. Early cobots were simple, but advances in sensors, AI, and robotics have made them much more sophisticated and capable. In this article, we will explore the concept of collaborative robots, their key features, applications, and the impact they are likely to have on the future of industrial robotics. |
What makes a Robot Cobot?
The traditional industrial robots excel in heavy-duty, high-precision, and mass-production environments, cobots are designed to be safe, flexible, user-friendly, and cost-effective for collaborative tasks in shared workspaces. Cobots incorporate safety features like sensors, cameras, and advanced software to operate safely alongside humans without the need for protective barriers. Cobot designs tend to avoid sharp edges and pinch points and limit force and speed to reduce the chance of injury.
According to ISO 10218, from the International Organization for Standardization, there are four requirements for a robot to be termed as a cobot. Obliging to one or plurality of these requirements would enhance the safety of robot and position it as a collaborative robot (Cobot). The requirements are:
Cobots: Enabling Technologies
Cobots are equipped with software-controlled sensors that enable them to detect objects, people, and potential collisions to keep safety at paramount and end effectors like grippers for robotic manipulations. Furthermore, cobots also include:
With drag-and-drop programming, users translate their actions into code, simplifying cobot programming. Just drag and drop actions in the right order to complete tasks. Some cobots allow users to sketch program layouts using buttons to guide the robot. Both methods are user-friendly, enabling more workers to interact effectively with the robot. Some cobot manufacturers go further, offering application wizards to simplify complex tasks, like configuring an end-of-line palletizing robot, reducing setup time.
Overall cobots offer user-friendly programming, adapt to various tasks, and lower upfront costs in industrials setting.
Applications/ Use Cases for Cobots
Cobots co-exist in diverse applications across industries. Their intelligence, along with flexibility and productivity, are highly desirable qualities for any manufacturer looking to maximize return on investment (ROI). Cobots are widely used in industries such as food, packaging, logistics, construction, semiconductors, retail, manufacturing, healthcare, etc.
Some popular domains with end applications for cobots are detailed below:
Cobots: Technology Evolution Adaptation Trends
As discussed in the previous paragraphs, safety and collaborative working are paramount criteria for any industrial robot to act as a cobot. Thus, most of the technological evolution for cobots is centered around these two themes only.
Cobot developers & manufacturers keep on adding functionalities in form of new parts, highly accurate sensors, various data gathering & analysis means, improved working mechanisms, inclusion of AI & ML, data transmission, and communication to enhance the collaborative working and improve the operator safety. Following are some of the key advancements to watch:
These EoAT systems can handle a variety of materials with various shapes and properties. Further, the embedded sensors that allow the cobot to adapt its grip according to the object’s surface properties, material, and weight. The development of end-of-arm tooling plays a key role in the value a robot can bring to its end-user and will contribute highly to the wide adoption of industrial robots in new industries. New developments in EoAT are focused on advancing technology and adaptation of cobots.
Programming & Training enhancements: Cobot developers are also working toward enhancing the adaptability of cobots by providing cobots with voice recognition and analysis capabilities. Furthermore, there are developments happening in task mimicking, identifying and copying worker actions, understanding movements and acting etc., These new capabilities will enhance the utility of cobots and would limit the effort that is required in training cobots. More and more workers would be able to command cobots with movements and speech and it would further accelerate the adoption of cobots in various work environments.
Cobot Ecosystem
The forecasts for Cobot markets show strong growth, with rising sales and new application scenarios being developed.
According to various reports, the collaborative robot’s market’s revenue stood at approx. $1 billion in 2022, with shipments increasing by ~20% to ~40,000 units. Collaborative robots have also seen some growth due to pandemic and labor shortage. The cobot market is expected to grow at a rate of ~50% in the next 5 years. North America, Europe, China, Japan, and South Korea are the geographical regions that would support this growth. Specific countries that would experience rise in market share are U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, etc.
The unexpected focus and demand of the industry due to COVID, labor shortage, rise in cost of manual labor, etc., have fueled the need for collaborative robots. More and more industries are now adopting cobots and working toward a collaborative set-up.
In terms of the size of robots, payload becomes a criterion of evaluation. There are multiple kinds of cobots from payload capacity of 0-5kg to 15kg and more. Our analysis suggests that more than half of the total cobot market is dominated by cobots with payload size 5kg or less. Less than 10% of the total cobot market contains cobots with payload 15kg or more.
We have done a benchmarking study to compare some of the leading cobots for their specifications and prices. It includes payloads, DOF, reachability, ease of programming, type of rating, and popular applications that cobot is serving. The study also throws light on the fact that cobots with low payload are not expensive. The average price of a cobot with a payload of 0-5 kg is around $23,000. The price goes up as the payload increases, but the price increase is consistent. For example, the average price of a cobot with a payload of 5-10 kg is around $34,000, and the average price of a cobot with a payload of 10-15 kg is around $41,000.
The price of cobots varies according to the maker, functionality, technical features, and the end-of-arm tooling used. When considering the use of a cobot in manufacturing, an organization should determine the precise ROI that justifies the expense.
Cobots typically cost between $10,000 and $50,000 USD. When selecting a platform, the cobot’s manufacturing quality should also be considered because the additional tooling will increase the cost.
At FutureBridge, we have segregated and analyzed cobots companies into multiple categories including manufacturers, technology enablers (end effectors, software developers, vision and sensing system enablers), cobot transforming companies, automation and AGV enabling companies, Actuator and mechanism development companies, etc., Please get in touch for any further information.
FutureBridge Insights
Cobots will co-exist in more industries, like healthcare, logistics, and customer service. There would be developments in ethical and regulatory rules to enhance safety and use of cobots. The ascent of artificial intelligence (AI), notably with advanced chatbots like OpenAI’s ChatGPT, driven by large language models (LLMs), will add a fresh face to the cobots of future. Work has already started in this direction; per latest update, companies like Doosan Robotics has partnered with Microsoft and Doosan Digital Innovation to give collaborative robots (cobots) a context-aware control system based on generative pre-trained transformer technology.
The future for cobots looks promising with many opportunities for cobot technology. In the coming times, the adoption of cobots would drastically improve and it would present unprecedented opportunities for the cobot manufacturing companies and other suppliers working in the value chain.
However, the buyers would also need to conduct evaluation to understand what kind of cobots would serve their needs and how much collaboration would be needed in short-&-long terms.
Cobot developers would need to identify their target audience and the expected markets to drive their innovation and development priorities. A systematic plan to expand from one application domain to others and a well-defined geographical expansion theme would do wonders in maximizing sales and market penetration. The technological developments, competitive advantage of various cobot offerings would also be highly dependent on audience and the expansion strategies.
For OEMs, and firms that plan to buy cobots, there would be multiple options to choose from. However, the companies would need to manage their expectations for profitability and productivity. Choosing the right cobots, understanding the extent of collaboration, and identifying the correct suppliers & IT support would maximize the profits in mid-term & long-term duration. As technology is adapting and evolving, there will be multiple sale options available to the buyers with variations in pricing, payment terms, offerings, technological capabilities, and expected IT support in future times. Thus, the utilization of technology would essentially be dependent on the firm’s strategy and not on the cobot.
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