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Collaborative Robots Market Share, Growth Rate And Opportunities Report 2023-2032 – By The Business Research Company

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The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
LONDON, July 20, 2023 /PRNewswire/ — As per The Business Research Company’s Collaborative Robots Global Market Report 2023, the global collaborative robots market size is expected to grow from $1.9 billion in 2022 to $2.5 billion in 2023 at a compound annual growth rate (CAGR) of more than 29%. The global collaborative robots market size is then expected to reach $7.1 billion in 2027 at a CAGR of more than 28%. Going forward, growth in the automotive industry, rise in e-commerce and logistics and rising urbanization will drive the collaborative robots market growth.
Major players in the collaborative robots market are ABB Group, DENSO Robotics, Fanuc Corporation, KUKA AG, Precise Automation Inc., Rethink Robotics Inc., Robert Bosch GmbH, Universal Robots A/S, Yaskawa Electric Corporation, Techman Robot Inc., AUBO Robotics Technology Co Ltd., K2 Kinetics, MABI Robotic AG, Franks Emika Gmbh, F&P Robotics AG, NEURA Robotics GmbH, and Stäubli International AG.
Learn More On The Collaborative Robots Market Report – https://www.thebusinessresearchcompany.com/report/collaborative-robots-global-market-report 
The integration of collaborative robots with advanced technologies is emerging as a potential trend in the market. Collaborative robots are being integrated with advanced technologies like artificial intelligence (AI), machine learning, computer vision and the Internet of Things (IoT). These technologies enhance the capabilities of cobots, enabling them to perform more complex tasks, adapt to dynamic environments and interact intelligently with humans and other machines. Companies operating in the collaborative robots market are focusing on the development of artificial intelligence-powered products. For example, in November 2022, Techman Robot, a China-based collaborative robots and vision technologies company, introduced its TM AI Cobot series. AI Cobot is a collaborative robot combining a precise robot arm with a native artificial intelligence inferencing engine and smart vision system, for deployment in factories to accelerate the transition to Industry 4.0. The TM AI Cobot can execute quick and accurate pick and place, palletizing, welding, semi-conductor and product manufacturing and food service preparation, by merging visual processing with the robot arm.
Companies operating in the collaborative robots market are focusing on strategic partnerships and collaborations to leverage each other’s resources and expand in the market. For example, in February 2023, Rapid Robotics, a US-based manufacturer of robotic solutions, entered into a partnership with Universal Robots, a Denmark-based manufacturer of smaller, flexible industrial collaborative robots. Through this partnership, Rapid Robotics and Universal Robots aim to accelerate cobot deployments in new ways. 
Request A Free Sample Of The Collaborative Robots Market Report – https://www.thebusinessresearchcompany.com/sample.aspx?id=9449&type=smp 
The global collaborative robots market is segmented –
1) By Component: Hardware, Software
2) By Payload Capacity: Up to 5kg, Up to 10kg, Above 10kg
3) By Application: Assembly, Pick And Place, Handling, Packaging, Quality Testing, Gluing And Welding, Other Applications
4) By Vertical: Automotive, Food And Beverage, Furniture, Plastic And Polymers, Metal And Machinery, Electronics, Pharmaceuticals, Other Verticals
According to collaborative robots market analysis, the top opportunities in the collaborative robots market segmented by component will arise in the hardware segment, which will gain $3.5 billion of global annual sales by 2027.
View More Similar Market Reports:
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https://www.thebusinessresearchcompany.com/report/medical-robots-global-market-report
Gantry Robot Global Market Report 2023
https://www.thebusinessresearchcompany.com/report/gantry-robot-global-market-report
Cleaning Robot Global Market Report 2023
https://www.thebusinessresearchcompany.com/report/cleaning-robot-global-market-report
Interested to know more about The Business Research Company?
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HUAWEI CONNECT 2024 | Huawei Unveils the Brand-New Xinghe Intelligent Fabric Solution, Powering the AI Era

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SHANGHAI, Sept. 21, 2024 /PRNewswire/ — At HUAWEI CONNECT 2024, over 300 industry leaders, experts, and scholars gathered for the data center network session themed “Xinghe Intelligent Fabric, Powering the AI Era.” The event featured discussions on the evolution and technological advancements of data center networks. During the session, Arthur Wang, President of Data Center Network Domain at Huawei’s Data Communication Product Line, introduced the newly upgraded Xinghe Intelligent Fabric solution. This cutting-edge solution aims to establish a data center network characterized by one map for intelligent operations and maintenance (O&M), one network for diverse computing, and one platform for simplified deployment, providing a robust network infrastructure to support enterprises’ digital and intelligent transformations.

In his keynote speech, Arthur Wang outlined the emerging trends in data center network development. He emphasized that in the AI era, data center networks require both a “brilliant brain” and “resilient bones.” The newly launched Xinghe Intelligent Fabric solution is designed to deliver a powerful network infrastructure tailored for the AI era, featuring:
One Map for Intelligent O&M: Zero Management ConcernsHuawei’s exclusive network digital map enables rapid cross-data center and cross-vendor fault identification within minutes. Additionally, the NetMaster network large model facilitates AI-driven O&M, eliminating manual intervention and ensuring zero management concerns.
One Network for Diverse Computing: Zero Service InterruptionsThe Xinghe Intelligent Fabric supports various application scenarios, including intelligent computing, general-purpose computing, and storage. The innovative Network Scale Load Balancing (NSLB) algorithm increases network throughput to 95% and boosts AI training efficiency by over 10%. With the exclusive iReliable three-level fast switchover capability, it achieves sub-millisecond switchover, guaranteeing zero service interruptions.
One Platform for Simplified Deployment: Zero Configuration ErrorsBy employing digital twins to simulate networks in advance and verify configurations post-deployment, the solution ensures 100% accuracy in network changes. By harnessing network-security convergence capabilities, AI creates an intelligent security matrix to analyze millions of security policies, achieving zero configuration errors.
Looking ahead, Huawei will continue to collaborate with industry partners to enhance research and innovation in data center networks, promote intelligent upgrades, and create greater value for the industry.
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Huawei Launches All-New Xinghe Intelligent Campus with Full Upgrades, Maximizing Enterprises’ Intelligent Productivity

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SHANGHAI, Sept. 21, 2024 /PRNewswire/ — During HUAWEI CONNECT 2024, the Xinghe Intelligent Campus session was successfully held, attracting more than 200 industry pioneers, experts, and scholars from around the world to explore campus network trends and technological innovations. Also at the event, Huawei unveiled its all-new Xinghe Intelligent Campus Solution that stands out for full upgrades to wireless, application, and operations & maintenance (O&M) experience.

Shawn Zhao, President of the Campus Network Domain, Huawei’s Data Communication Product Line, said, “As video conferencing, AI terminals, and AI applications become more widespread, the campus network access density has increased threefold, and the demand for bandwidth has grown tenfold. In this case, users place new requirements on the assurance for AI applications and audio/video services while expecting more intelligent O&M.”
To meet these needs, Huawei launched its all-new Xinghe Intelligent Campus Solution with full upgrades. Specifically, this solution upgrades wireless experience in performance, roaming, and IoT convergence. It also leverages X-Scheduler (an experience scheduling engine) to upgrade application experience, while drawing on AI-assisted decision-making and a tidal prediction algorithm to upgrade O&M experience. These help customers build an industry-leading digital infrastructure and facilitate the digital and intelligent transformation of enterprises.
In addition, the solution provides end-to-end security assurance. On the wireless side, the innovative Wi-Fi Shield technology radically prevents packet eavesdropping on the air interface. On the wired side, the full-link MACsec capabilities from switches to APs ensure secure campus network data transmission since the very beginning.
Also at the session, leading analyst firms, customers, and partners in various industries shared their unique insights, best practices, and successful cases. Key speakers include Sian Morgan, Research Director of Dell’Oro Group; Dr. Haitham S. Hamsa, Professor of Information Technology, Cairo University; Shang Qun, Assistant to the Director of the Computing Center, Peking University; Sun Pan, Director of Infrastructure Operations Dept, System Digitalization Dept, FAW Group; Connee Zhang, CEO of CypressTel. Their valuable practices will provide a unique reference for the digital and intelligent transformation of enterprises across industries.
Looking ahead, Huawei believes that the Xinghe Intelligent Campus Solution will become the preferred choice for global enterprises’ digital and intelligent transformation to reap more benefits.
For more information about Huawei’s Xinghe Intelligent Campus Solution, visit https://e.huawei.com/en/solutions/enterprise-network/campus-network.
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Artificial Intelligence

Huawei Launches Over 20 All-New Xinghe Intelligent Network Offerings to Amplify Industrial Intelligence

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SHANGHAI, Sept. 21, 2024 /PRNewswire/ — During HUAWEI CONNECT 2024, Leon Wang, President of Huawei’s Data Communication Product Line, announced more than 20 all-new Xinghe Intelligent Network offerings globally at the summit themed “Xinghe Intelligent Network, Amplify Industrial Intelligence”. These purpose-built offerings contribute to an AI network ecosystem and help customers seize opportunities for intelligent development and maximize intelligent productivity.

With the development of AI technologies, the world is advancing from digital transformation to intelligent transformation. All industries are quickly adopting AI technologies to create new use cases, for example, self-driving cars, intelligent diagnosis and treatment, and intelligent train inspection. All of these are significantly improving the efficiency and experience of our work and daily lives.
The advent of the intelligent era is driving networks into intelligent ones. Huawei has been making joint efforts with partners to lead research and practices of intelligent networks. That’s why Huawei constantly upgrades its Xinghe Intelligent Network offerings to help customers grasp opportunities for intelligent development, build new intelligent network infrastructure, and maximize intelligent productivity in the intelligent era. Key highlights include the following:
Xinghe Intelligent Campus focuses on AI-enabled, experience-centric campus network construction, ensuring zero freezing for audio and video applications, zero degradation on services, and zero waiting for interactions.Xinghe Intelligent WAN introduces a wide range of intelligent technologies to intelligently schedule millions of flows and precisely optimize service experience.Xinghe Intelligent Fabric adopts the AI Turbo engine to improve network throughput, enhancing foundation model training efficiency.Xinghe Intelligent Network Security integrates AI technologies into network security detection, accurately and rapidly identifying threats.To support network solutions in various scenarios, Huawei released more than 20 featured offerings globally. Examples include the industry’s first 100 Tbps fixed-form Ethernet data center switch, the industry’s first 51.2 Tbps liquid-cooled fixed-form data center switch, the industry’s first AI router, high-quality 10 Gbps campus switches and Wi-Fi 7 APs, Intelligent SASE Branch Security Solution, and the industry’s first IP Autonomous Driving Network Solution. All these offerings are designed to help customers with greater business returns.
As the intelligent era calls for intelligent networks, Huawei will continue to drive the development of intelligent networks and upgrade its Xinghe Intelligent Network products and solutions, ultimately helping global customers to stride towards the intelligent era and reap more benefits.
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