New market research report titled ‘industrial robotics market - global forecast & analysis by applications, functions, product & geography (2012 - 2017)’ has been released by MarketsandMarkets. According to this report, the total industrial robotics market will reach $32.8 B by 2017 at a compound annual growth rate (CAGR) of 5.0% from 2012 to 2017.
Since 50 years, the application for industrial robotics have emerged from simple pick and place tasks to complex operations like assembling and dissembling, welding, and glass and metal precision cutting. The structure of industrial robots advanced from cylindrical co-ordinate frame to flexible multi axis arms. The industrial robots advanced with respect to automation of manufacturing processes.
After the year 2000, advancement in technologies and rising demands for automation process have led to the incorporation of industrial robotics within the production facilities of other non-automotive industries. Progressing with automation, the industrial robotics showed growth during this period, and the global industrial robotics market reached to a new level in annual shipments of robots.
Automotive applications initiated the development of industrial robotics, progressively entering within the production facilities of non-automotive industries. As the automation industry carries out efforts to look out for skilled professionals, robots have the potential to replace human resources who do not use their capability to the maximum level. Industrial robots have proven capability in a wide range of applications such as cutting, painting, milling, welding & soldering, assembling & disassembling, handling of materials and processing, dispensing, and other processing. The operation process for the most articulated robots is storing a series of positions in memory, and shifting to them at different times in their programming sequence. Vision guidance, also called machine vision, provides increased flexibility to robotic cells.
Consistent additional training costs, lack of awareness and inaccurate cost justification by management of companies have caused misunderstanding among employee unions that recruitment is being hampered with increased installation of industrial robotics within the production facility.
Apart from Japan, North America, and Western Europe, the robotics industry has growth potential from 2012 onwards, driven by growing economies like India, South Korea, China, and Brazil.