Posted in | News | Industrial Robotics

New Market Report on Global Robot Preventive Maintenance

Nov 2 2017

The "Global Robot Preventive Maintenance Market 2017-2021" report has been added to Research and Markets' offering.

The global robot preventive maintenance market to grow at a CAGR of 7.37% during the period 2017-2021.

Global Robot Preventive Maintenance Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, one driver in the market is reduction in industrial downtime. Robots are equipped with advanced electronic and mechanical components, like sensors, controllers, drives, and motors, which are highly sensitive to voltage and electrical shocks. The uncertain breakdown of industrial robots can be prevented by regular maintenance. Industries operate and incorporate robots on a large scale to increase the productivity. The real-time check on the productivity and operations performed per hour are monitored through controllers.

One trend in the market is growth of robotic rental market. There has been growth in the adoption of industrial robots as industries are witnessing a change in their approach to performing industrial applications. There has been a shift from the labor-intensive approach to robotics, which provides a high level of efficiency while performing exhaustive and hazardous applications.

Further, the report states that one challenge in the market is fragmented nature of robot preventive maintenance market. The robot preventive maintenance market includes regional vendors, global vendors, and system integrators that provide services and support to recover the performance of industrial robots. These vendors offer services maintaining the competitive prices and service module, including quarterly and yearly maintenance programs. As the performance of industrial robots must be monitored regularly, it requires end-users to pre-schedule or reschedule robot maintenance.

Key vendors