As we enter 2016, Common Robots is in the midst of probably the most thrilling period within the historical past of robotics and the automation business. We proceed to see explosive progress, with 2015 establishing a brand new document in Robotic gross sales worldwide, topping 2014 by 15%. This 12 months, we anticipate a fair steeper curve. Particularly, the marketplace for collaborative robots —what we name cobots— accounts for 100 Million US {dollars} per 12 months, anticipated to extend roughly tenfold reaching over the US $1 billion in 2020.
Because the inventor of this disruptive expertise, we’re poised to retain our management place whereas increasing what’s already a majority market share.
Within the months to return, you may anticipate to see new thrilling options, applied sciences, functions, and merchandise from our R&D group. Already, expertise advances and business improvements from Common Robots and others have led to robotics changing into mainstream in small and medium-size producers, serving to them scale back manufacturing prices to allow them to compete successfully in broader markets. And human collaboration with robotics continues to make development in conventional markets in addition to serving to to develop new functions for automation.