Universal Robots has continued its rapid expansion worldwide with a growth rate of 62% from 2015 to 2016. The company that pioneered and commercialized collaborative robot (cobot) technology continues to leverage its first mover advantage and market leadership position.
President of Universal Robots, Jürgen
“We need to stay ahead of the curve and drive innovation in everything
we do. Scaling the business to continue to deliver growth
year-after-year is a key priority. Compared to 2015, we have more than
tripled our investments in 2016, especially in R&D, enabling us to
maintain our product leadership position, and allowing us to offer the
cobot technology platform of choice,” said Jürgen
Universal Robots continues to gain market share in developing markets,
doubling its global presence with local offices in 11 countries, up from
5 offices in 2015. The company is now represented with a presence in the
Eight years after Universal Robots sold its first cobot, the global collaborative robot market has entered a new phase of growth. Before the invention of the cobot, automation of manufacturing facilities was limited to highly structured tasks. As a result, many industries had to rely on hand assembly for the more dynamic and flexible functions in their production processes. However, with the Universal Robots’ cobot, companies are now able to apply flexible, easy-to-use, safe technology allowing them to scale and grow their businesses.
The advantage of Universal Robots’ cobot is its universal application
for all sizes of companies, from small to large. “Our technology has
been an enabler for all companies – not just large corporations – to
integrate automation into their production processes. What also
differentiates us has been our focus on growing a global eco-system of
technology partners in our UR+ platform. The UR+ platform offers
customers access to application solutions leveraging a global developer
resource base that is continuously innovating,” said Jürgen
As a first mover and leading cobot manufacturer, Universal Robots has
been able to rapidly grow its global market share, taking advantage of
the impressive growth of the market to date. “We are committed to grow
our market share as the collaborative robot market experiences
continued, explosive growth over the coming years as small and medium
businesses adopt cobot technology,” said Jürgen
In the spring of 2015,
About Universal Robots
Universal Robots was co-founded in
2005 by the company’s CTO, Esben Østergaard, who wanted to make robot
technology accessible to all by developing small, user-friendly,
reasonably priced, flexible industrial robots that are safe to
work with. Since the first robot was launched in 2008, the company has
experienced considerable growth with the user-friendly robots now sold
in more than 50 countries worldwide. The company, which is a part of
About
View source version on businesswire.com: http://www.businesswire.com/news/home/20170307005844/en/
Universal Robots
For media interviews:
PA to President
lwf@universal-robots.com
or
For
further information:
Thomas Stensbøl, +45 31 16 85 93
Global
PR Manager
tst@universal-robots.com
Source: Universal Robots