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Doosan Robotics starts mass production of cobots

Collected: 2017.12.21

Distributed: 2017.12.22

Source: Go Direct

[Photo provided by Doosan Robotics Co.]

South Korea’s Doosan Robotics Co., groomed to generate new growth for the traditional heavy industries conglomerate Doosan Group, has begun mass production of four collaborative robot models.

The company said on Wednesday it would roll out up to 20,000 cobots a year at its new 4,451-square-meter plant in Suwon Industrial Complex, Gyeonggi Province.

“We have secured our first order from Iljin Group and plan to further expand our distribution network,” said an official from Doosan Robotics. “Once our business goes global next year, we aim to sell 1,000 units per year to reach our annual sales target of 9,000 units by 2022.”

A collaborative robot is a robot that interacts with humans to complete a common task. Unlike other industrial robots that operate in a separate workspace, they can work alongside humans, which allows for efficient division of labor even in industries where automation is difficult.

Research data shows that the global market for industrial robots, valued at 14.6 trillion won ($13.5 billion) last year, is projected to grow an average 8 percent per year to reach 22.9 trillion won by 2022. Cobots are expected to lead the growth, expanding at an annual 68 percent rate to become a 6.57 trillion won market by 2022.

By Woo Je-yoon and Kim Hyo-jin

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