Frequently asked questions
COVID-19 has had a substantial impact on the market due to the outbreak of the COVID-19 pandemic, which reduced the demand for Collaborative Robot from its commercial application.
Europe accounted for the most heightened share in the global Collaborative Robot market.
Key factors driving robot adoption include higher benefits and wage rates, labor shortages, and longer training and onboarding periods.
The 11 Kg and Above segment had a major share in the global market.
The Material Handling segment had a major share in the global market in 2022.