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Global Industrial Robotics Market Growth to surge with Increasing Adoption in Diverse Industries
Global Industrial Robotics Market
"Browse 58 Market Data Tables and 50 Figures spread over 205 Pages, along with an in-depth TOC on the Global Industrial Robotics Market Forecast 2021-2028."
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Industrial robots are automated and programmable, and used for manufacturing. The conventional applications of industrial robots include assembly, painting, disassembly, welding, etc. In addition, they are adept in material handling.
Growing Adoption of Industrial Robots in F&B, Automotive, and Electrical & Electronics Industries
Industrial robots are gaining prominence in the automobile, metals, precision engineering, electrical & electronics (E&E), and food & beverage industries. Of these, food and beverage lead with the highest demand for industrial robots. This is because the design and manufacture of robotic installations and machinery in the industry comply with stringent hygiene regulations that encompass the whole automation process. Also, robots have established themselves in the food processing tasks like cutting and trimming meat pieces and handling frozen food. Moreover, as per an Association for Packaging and Processing Technologies survey, robots are used in 94% of food packaging processes.
Conventionally, the automobile industry is one of the biggest users of industrial robotic technology. Robots are employed in every aspect of automobile production. They are used for painting, assembling, quality control, and robotic vision. Also, they provide a competitive edge to automotive firms. In the case of the electrical & electronics (E&E) industry, they offer several advantages in manufacturing. These include handling small, delicate parts with accuracy and being cost-effective. As a result, the industry is set to become one of the largest end-users of industrial robots globally. Such growing adoption in these industries drives their overall market growth.
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Major Robot Type: Articulated Robots
An articulated robot has rotary joints. It can range from simple two-jointed structures to systems with 10 or more interacting materials and joints. They are powered by different means that include electric motors. Certain robot types, like robotic arms, can be non-articulated or articulated.
Articulated robots, also known as 6-axis robots, are easier to align to multiple planes, easily redeployed for plastic injection molding automation applications, and simple to operate and maintain. Moreover, such robots are utilized for material handling, painting, deburring, cutting, and welding. KUKA Robotics, Staubli Robotics, Epson Robots, ABB, etc., are among the companies that supply articulated robots.
Major and Fastest-Growing Region: Asia-Pacific
The evaluated market advantages of the region include rising domestic demand, enhanced infrastructure, and low labor costs. Also, manufacturers are increasingly opting for robotic automation to improve output quality. In addition, there is a high presence of electronics and automotive industries in the region. Moreover, the defense, education, healthcare, aerospace, food & beverage, electronics, etc., industries are adopting robotics technology for automation processes.
The competitive rivalry entails companies with undifferentiated products and larger product portfolios creating strong competition in the market. Also, these companies are investing heavily in facility expansions and R&D. Some prominent firms in the market include Kawasaki Heavy Industries Ltd, ABB Ltd, Nachi Fujikoshi Corporation, Staubli International AG, KUKA AG, Fanuc Corporation, etc.
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