Europe Collaborative Robots Market to Penetrate Untapped Regions During 2026 Collaborative industrial robots represent a new realm of the fast-growing industrial robotics market. Technological advancements have made the applications of collaborative robots (cobots or co-bots) a reality in many manufacturing factories. BriefingWire.com, 5/01/2021 - Collaborative industrial robots represent a new realm of the fast-growing industrial robotics market. Technological advancements have made the applications of collaborative robots (cobots or co-bots) a reality in many manufacturing factories. This emerging market is expected to witness an exponential growth. With advantages of increasing flexibility, improving production efficiency and reducing operational cost, industrial cobots have been deployed to assist human workforce and keeping manufacturers competitive in the global markets.