Discover your next big idea for life sciences at PACK EXPO Las Vegas
Experience a breakthrough in life sciences packaging—explore solutions from 2,300 suppliers spanning all industries, all in one place this September

Over 50% of CPGs to Increase Cobot Spending

The suspected surge in cobot spending comes at a time when companies are just starting to grasp how to take advantage of them.

Spending Forecast for Cobots

Robotic solutions are more affordable than they have ever been, especially as the newest generation of highly flexible yet cost-efficient cobots proliferate in the market. These lower-cost solutions, coupled with expanding budgets for robots at manufacturers, have resulted in more robots in more industries performing a wider range of tasks, even at SME operations, according to PMMI's 2022 report Robots and Cobots - An Automated Future. To some extent, technology has advanced at such a rapid pace that the largest challenge the manufacturing industry faces is understanding how to translate these technological breakthroughs into practical applications. 

Cobots at SMEs 

Cobots are seeing greater deployment at SMEs as costs have continued to decline. Simplified programming, intuitive interfaces, and a high degree of modular mobility have made cobots more accessible to SMEs that typically lack large budgets and specialized skills. This new generation of adaptable cobots is enabling SMEs to experiment with robotic solutions and achieve higher degrees of automation through gradual, incremental improvements.  To some extent, technology has advanced at such a rapid pace that the largest challenge the manufacturing industry faces is understanding how to translate these technological breakthroughs into practical applications. 

FDA warning letters surge - is your team prepared?
New guide reveals expert strategies to prevent regulatory issues and respond effectively to FDA enforcement actions in pharmaceutical and medical device manufacturing.
Read More
FDA warning letters surge - is your team prepared?
Researched List: Blister Machines for Life Sciences
Need a blister machine for life sciences packaging? Our curated list features companies serving pharmaceutical, medical device, nutraceutical, and cosmetic industries. Download to access company names, locations, machine specifications, descriptions, and more.
Download Now
Researched List: Blister Machines for Life Sciences