Market Updates

Robots and Industrial Automation

October, 2018

Robotics technology is in verge of transforming manufacturing sector promising speed, efficiency, productivity. In the past industrial robots have been predominantly deployed by the automotive industry, due to increasing number of vendors in robotics market and increasing affordability of robotics technology, the deployment of robotics solutions is expanding significantly across industries such as consumer goods, food and beverage, pharmaceutical and metals and equipment manufacturing industries. Presently vendors in the industrial robotics market are continuously focusing on developing advanced robots with greater computing power suitable for various industrial applications, where robot are required to make decisions based on new situations even in unstructured environments.

Presently there are various types of robots used across various industrial environments

  • Scara Robots

  • Cartesian Robots

  • Articulated Robots

  • Spherical robots

  • Collaborative Robots

  • Cylindrical Robots

  • Others

Presently the demand for collaborative is increasing as manufacturers are focusing on deploying advanced robots which collaboratively work with humans in factory floors.

Regionally, Asia Pacific is the fastest growing industrial robotics market with double digit growth rate due expanding manufacturing sector in countries such as China, Japan, India, Korea, and Indonesia. In terms of volume, top five countries such as United States, Japan, China, Germany, and Korea contributes more than 70% of market in 2016, China alone contributes around 30% of market share in 2016.

Some of the prominent players present in the global Industrial robotics market incudes FANUC CORPORATION, ABB, Denso Corporation, Yaskawa Electric Corporation, Omron Adept Technologies, Inc., Kawasaki Heavy Industries, Ltd., and Comau SpA