Cobot Sales Soar Amid Labor Shortage

Sales of collaborative robots are expected to soar due to the labor shortage. According to a new report, the global cobot market — valued at $475 million in 2020 — will be worth an estimated $8 billion in 2030. This as the number of unfilled jobs in U.S. manufacturing has increased from 480,000 in January 2020 to 858,000 late last year. 3/1/2022