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ABI Forecasts Industrial Robotics Market

ABI’s new research report has predicted that industrial robotics systems’ market revenue will expand from $5.2 billion in 2010 to $8.8 billion in 2015. Though robotic systems are widely utilized by the automotive industry, their applications in other industrial sectors are quickly increasing.

Larry Fisher, Research Director of ABI, has stated that rubber and plastics industry is widely using automation systems and on the basis of profits, it is expected that in future it will be the biggest user of industrial robotics than the auto industrial segment. Fisher had mentioned that that the other industry, which will also increase the utilization of robots is the food and beverage processing sector. He added that the producers of this industry have understood the roles of automation in reducing labor and improving hygiene.

The research has reported that the utilization of robots in auto industry is diminishing on a unit basis.

Fisher has said that though sales of industrial robots faced a major hit in 2009 due to the short-duration economic downturn impact, in 2010, manufacturers of all sectors have reexamined their priorities and ascertained methods to reduce cost factor and enhance efficiency.

Other industrial segments that will increase the utilization of industrial robots are clean energy, consumer goods and pharmaceutical segments.

According to Fisher, the manufacturers are determined to utilize automation systems for enhancing consistency and quality.

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