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Cobot Market Boom Lifts Universal Robots’ Fortunes in 2016

ODENSE, Denmark — The demand for collaborative robots is strong, particularly in Europe. Proof can be found in the explosive growth of Universal Robots A/S since the company launched its first cobot in 2008. In 2016 alone, UR’s revenue reached an estimated 662 million Danish krone ($94 million U.S.) and delivered a profit of DKK 92 million ($13 million) before tax, reflecting the booming cobot market.

Read the full article from roboticsbusinessreview.com

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Robot27
  • Products
  • Services
    • Automation Design and Engineering
      • Material Handling
      • CNC Tending
      • Welding
    • Cobot Software Programming
  • About Us
  • Learn About Cobots
    • What is a Cobot?
    • Why Automate?
    • Why Universal Robots?
  • News
    • Robot 27 & Universal Robots News
    • Robotics Industry News
    • Learning
    • Waypoint Newsletter
      • Issue Five
      • Issue Four
      • Issue Three
      • Issue Two
      • Issue One
  • Contact
  • Financing
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