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Artificial Intelligence, Machine Vision, NLP, Mixed Reality, 5G, and LiDAR Drive Opportunities in Manufacturing
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Collaborative robots or cobots are robots that can perform tasks alongside humans. The interoperability and the ease of integration into existing factory environment are encouraging its development and adoption in recent years. Their interaction with humans is more natural and they share the same workspace and can be easily reprogrammed. Robotic platforms are expected to be pivotal role in the Industrial Internet of Things (IIoT). Cobots are designed with powerful on-board computers and are interoperable making it easily join the IIoT environment. Apart from automating the factory environment, the adoption of cobot will ease the tasks of humans associated with dangerous and hazardous tasks. With cobots still in its early stages of adoption in the manufacturing sector, enabling technologies can be expected to create disruptive opportunities in the manufacturing sector. They key technologies include artificial intelligence, 5G communication, mixed reality, natural language processing, machine vision and LiDAR sensors. The scope of this report is limited to cobots based on its applicability in the manufacturing sector. The technology and innovation report focuses on providing a snapshot on the key emerging technologies enabling development of next-generation cobots in the manufacturing industry. Technologies profiled in the report include artificial intelligence, 5G communication, mixed reality, natural language processing, machine vision and LiDAR sensors. A global analysis of the current development of technologies enabling next generation cobots was done to assess the disruptive opportunities of cobots in manufacturing. Key aspects addressed in the research report include the following:? What are the key emerging technologies impacting adoption of cobots?? What are the benefits and applications of collaborative robots?? What are the major innovations impacting technology development?? What are the main focus areas of technology development?? Who are the major stakeholders driving developments and commercialization?? How it has impacted different applications?? What are future growth opportunities for cobots?
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