SAN FRANCISCO, CA, July 20, 2015 – Worldwide Industrial Robot markets are poised to achieve significant growth as the automotive early adopter base provides a way for other industries to leverage economies of scale. Industrial Robot infrastructure in one industry makes it easier to extend product sets so that they are more available across all industries, remaking all manufacturing everywhere.
Controllers permit leveraging industrial robot technology to improve automated process via iteration of work cells. Using controllers to leverage efficiencies is an evolving art, extending the current state of the art. Robots can perform tasks at less cost, and do work in a manner that cannot be replicated with human manufacturing workers. Information technology is used to implement the services provided by controllers.
Growth prospects for the industrial robotics industry depend on market opportunity metrics relative to the different industries. Automotive investment levels globally have remained at historical highs. Increasing usage of robotic automation by non-automotive companies is driving the usage of industrial robot automation to a new level.
Increased adoption of industrial robots coupled with a huge push from the industry for collaborative robots, opens opportunities for robotic solutions. In the immediate future industrial robots strengthen the position of every industry, promising more manufacturing efficiency at every level.
Industrial robots can perform tasks faster and more accurately than humans. Increases in productivity are provided by industrial robots. Robots help reduce overall manufacturing costs in developing and developed countries. Markets are expected to rise 11.5% annually through 2021. Industrial robot markets at $22 billion in 2014 are anticipated to reach $48.9 billion by 2021.
About Radiant Insights Inc.
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. They assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. They have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, their experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
