by Angela Guess

A new press release states, “Innova Research recently released the top 8 emerging trends in the world of robotics for 2017 and beyond. These trends covered the market growth, the technology development, laws and regulations for robotics, and the development of new robotics business models. Since its market introduction in 2014, collaborative robot has successfully penetrated into major industry robot market segments in automotive and electronics industries. Innova Research estimated that collaborative robot occupied approximately 4% of the industrial robot shipments in 2015. The share of collaborative robots will keep growing in the next few years. On the other hand, despite the forecast quick growth, collaborative robots are not aiming to replace the traditional industrial robots; instead, they will be a supplement to the traditional industrial robots. While traditional robots have an advantage on the price/performance ratio, collaborative robots are much more flexible in their roles.”

The release goes on, “Robots will be increasingly integrated with AI and IOT technologies. The commercial value of robots dramatically increases when they are connected, rather than isolated. The convergence of robots with AI and IOT technologies is propelling the adoption of robots in more and more industry and business applications. Connected robots will become one of the data entrances in the future “internet of things”. Furthermore, the adoption of various artificial intelligence technologies on robots dramatically improves the self-learning hence the down-stream capabilities of robots, such as the capability to work in unknown environments.”

Read more at Newswire.

Photo credit: Innova Research