Press release
Commercial Robots Market Growth Boosted by Adoption of AI and Machine Learning Technologies
Commercial Robots Market
Commercial robots are devices that can aid in the replication or replacement of human actions in a variety of applications, including the movement of materials within a factory, the delivery of retail goods, medications, and supplies, the gathering and transmission of data, the inspection of objects, the recording of videos, the monitoring of ongoing projects, the mapping of activities, and more. Industrial robots are autonomous, programmable devices. They are able to programme manipulators with many functions on three or more axes.
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The rise in labor shortages, coupled with increasing labor costs, is driving the adoption of commercial robots. Industries such as manufacturing, healthcare, and logistics are facing challenges in finding skilled labor and dealing with rising wages. Commercial robots offer a cost-effective solution by automating repetitive and labor-intensive tasks, improving operational efficiency, and reducing overall labor costs.
Rapid advancements in robotics technology are fueling the growth of the commercial robots market. Robotics technologies such as artificial intelligence, machine learning, computer vision, and sensor technologies have improved the capabilities of commercial robots. These advancements have enabled robots to perform complex tasks with greater precision, adaptability, and autonomy, expanding their applications across various industries.
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Safety is a critical consideration in the commercial robots market. Collaborative robots, also known as cobots, are designed to work alongside humans safely. They are equipped with sensors and advanced safety features that allow them to operate in close proximity to human workers without posing a risk. The adoption of collaborative robots is growing across industries, facilitating human-robot collaboration and enhancing productivity and safety in the workplace.
The commercial robots market is witnessing the emergence of industry-specific applications tailored to address the unique needs of different sectors. Industries such as manufacturing, healthcare, agriculture, and logistics are deploying robots for specific tasks like assembly, surgery, crop harvesting, and warehouse automation. This trend reflects the increasing recognition of the potential benefits that robots can bring to specific industries, driving the demand for industry-specific commercial robot solutions.
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The key players profiled in the commercial robots market report include Northrop Grumman Corp., Kuka AG, iRobot Corporation, Yaskawa Electric Corporation, Omron Adept Technologies Inc., Honda Motor Company Limited, 3D Robotics Inc., Alphabet Inc., Accuray Inc., AeroVironment Inc.
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