Global Collaborative Robot Market to Surge Past USD 44.1 Billion by 2032 | Cobots as a Service (CaaS) Model is Making Buzz, Says Astute Analytica [Yahoo! Finance]
Teradyne, Inc. (TER)
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Source: Yahoo! Finance
Its rapid evolution is fueled by advancements in ease of use, adaptability, and the rise of rental models expanding access. This surge signals a manufacturing transformation, where humans and cobots collaborate for increased productivity and innovation. New Delhi, Feb. 22, 2024 (GLOBE NEWSWIRE) -- The global collaborative robot market is projected to expand from US$ 1.9 billion in 2023 to a projected US$ 44.1 billion by 2032 at a CAGR of 42.5% during the forecast period 2024–2032. Demand for collaborative robots is not only about amazing growth statistics but also a reflection of changes in the world of manufacturing. First, elderly employees in developed states plus the need for mechanization to do simple and hazardous duties make cobots look highly attractive. Moreover, their short-term ROI that sometimes goes below a year entrenches its wide use among many users. Astute Analytica's study shows that more than one-third of cobot installations have payback periods shorter than 12
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- Why Teradyne (TER) Might be Well Poised for a Surge [Yahoo! Finance]Yahoo! Finance
- Here's Why Teradyne (TER) is a Great Momentum Stock to Buy [Yahoo! Finance]Yahoo! Finance
- Collaborative Robot Market Size, Share, Industry Growth & Analysis, 2029 [Yahoo! Finance]Yahoo! Finance
- Teradyne, Inc. (NASDAQ:TER) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Global Collaborative Robot Industry Research 2024-2030: Growing Focus of Automation Experts to Integrate Robotic Arms with AMRs or AGVs [Yahoo! Finance]Yahoo! Finance
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- 4/24/24 - Beat
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- 4/3/24 - Form ARS
- 4/1/24 - Form 4
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