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  • 18 July 2018 21:26

Prodigious Future Of Industrial Robotics Market In Automation Sector

Global Industrial Robotics Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2026

Articulated industrial robot operating in a foundry. An industrial robot is a robot system used for manufacturing. Industrial robots are automated, programmable and capable of movement on two or more axes. Typical applications of robots include welding, painting, assembly, pick and place for printed circuit boards, packaging and labeling, palletizing, product inspection, and testing; all accomplished with high endurance, speed, and precision. They can assist in material handling.

Primary factor driving growth of the global industrial robotics market is increased demand for automation in manufacturing, packaging, and automobile industry in order to meet production demand and industry standards. In addition, increasing adoption of industrial robots by small and medium scale enterprises (SMSE) is further fueling growth of this market.

Industrial robots are the key enabler of Industry 4.0 and the factories of the future. They are revolutionizing conventional industrial processes across the globe, allowing manufacturers to increase productivity at higher quality and lower costs. With the mechanical safety fence replaced by a virtual, sensor-based one, an industrial robot today must be in tune with the frequently changing environment in which it works. This places extremely high demands on robotic systems. On the factory floor, industrial robots need to be easy and flexible to program, so they can adapt to the specifications of any given task, such as welding. Robots also need to be capable of smart material handling and, in the case of cobots, working side-by-side with humans.

North America holds second position owing to rising production capacities and presence of large automotive players. Asia Pacific dominates the global industrial robotics market and is expected to grow at significant pace during the forecast period.

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