Feb 28 2011
According to a new study by Frost & Sullivan titled, “Robots for Maintenance and Safety”, the major factors that affect commercialization of robotics include the level of accuracy, increased productivity, and safety compliance for human resources.
The study gives a detailed analysis of the key market drivers and restraints that are shaping the global robotics market. In addition, the study covers vital aspects such as market trends and challenges confronted by participants.
The study addresses details about the technology and industry trends by conducting extensive interviews of market participants. It has been observed that companies, which build strategic partnerships with companies manufacturing innovative robots will have ample growth prospects.
As per the observations, companies face certain challenges in the commercialization of robotics. The robots, present in homes and factories, must function smoothly. Companies must be equipped to handle the rapidly emerging complexity of the networks and networked embedded systems. Moreover, robots can be installed for consumer needs based on factors such as language understanding and dialog specification of the robotic systems.
Source: http://www.frost.com/