Growth in robots are coming from cobots - collaborative robots that can work alongside humans.
Some examples of cobot use from CBInsights:
- Banking. Cobots are being used to count and sort banknotes, which is an area that has long been sensitive to human error.
- Auto. They are being used to vacuum out cars at the end of the assembly process.
- Retail/hospitality. They are flipping burgers in robotic restaurants and sorting items at distribution centers for large apparel brands.
- Cosmetics. Cobots are allowing for more personalized products produced in smaller factories at L’Oreal.