Collaborative Robots (Cobots) play an increasing role in the advanced manufacturing landscape. The cobot market is rapidly
expanding, and the academic literature is similarly growing. This paper presents a short overview of current cobotic trends and futures
frontiers of the cobot development with particular emphasis on the role of cobots within the Industry 4.0-paradigm and within global
megatrends. Since there is a strange, but distinct lack of literature reviews on the topic of collaborative robotics, the paper provides
novel and valuable insights. In highlighting current frontiers, the paper also illustrates potential developments of future human-robot
interaction.