Industrial robotics are destined to carry out specific tasks mainly in assembly applications and readily applied in electronics, manufacturing and automotive production. The bots used on assembly lines function on artificial intelligence, sensors and synchronized automation.
3D vision technology reflects greater flexibility and better vision capabilities and collaboration to offer an incredible innovation in manufacturing and assembly. Flexibility is a major driver for industrial robotic to enable multi-tasking and versatility in bots without the need for reprogramming as well as to get into the nitty gritty of the task/s operating under extreme environment. With the growing commercial importance of industrial robotics almost in every field, the need for automation delivery and process is on a rising edge.
According to the report on industrial robotics market published by Upmarketresearch, major drivers responsible for the market development owing to the lucrative opportunities worldwide in robotics and automation. Technical standards and industry associations coupled with increase in production capacity augments the market demand in the near future. Market influencer variable such as effective functioning of market segments, leads to a holistic market growth scenario thus enabling a positive traction for future developments. Use of 3D vision & AI along with process automation are spotted as industry trends at present.
Product segmentation for industrial robotics market include SCARA, parallel, Cartesian, articulated and collaborated robots. Industries category for industrial robotics market include electrical & electronics, automotive, pharmaceuticals & cosmetics and metals & machinery. Automotive industry holds a leading market position in the global market due to rise in production of vehicles and vehicle parts.
Industrial robotics market is dominated by Asia-Pacific region followed by U.S and Europe. The APAC segment retains its dominance thanks to speeding up of automation in India and China. The demand for industrial robots in assembly and packaging section in various manufacturing companies, adds fuel to the fire.
North America and Europe market retain their market position in the global supply chain and logistics. Proliferation of automated robots, technological upgrades and enhanced network speeds continue their contribution to market development. Use of innovation-oriented approach, skilled labor and availability of resources also paves the way for market growth in the near future.
Prominent players in the industrial robotics market comprise FANUC Corporation, Kuka AG, Kawasaki Heavy Industries Ltd, Yaskawa Electric Corporation, Mitsubishi Electric, ABB Ltd, Denso Wave Incorporated, American Robot Corporation, Toshiba Machine and Universal Robots.