Worldwide Industrial Robot Market are anticipated to reach $48.9 billion by 2015 - 2021: Shares, Strategy, and Forecasts
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.
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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.
The industrial robots have not yet achieved economies of scale, illustrating the market opportunity that will come quickly after economies of scale are achieved. New technology and improved controllers open the path to economies of scale for industrial robots. As this occurs a new industrial revolution will occur. There are massive numbers of products offered by each major industrial robot vendor. Product consolidation is occurring in the market. Customization of a few products to increase product volume hold the promise of changing the market so it functions at a level that means devices that basically have eluded economies of scale in the past, will now be able to be mass produced.
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Table of Content
Industrial Robot Market Executive Summary 37
Robot Market Driving Forces 37
Robots Bring A New Industrial Revolution 40
Industrial Robot Target Markets 45
Industrial Robots Third Wave Of Automated Process 46
Industrial Robot Market Shares 51
Industrial Robots Market Shares 51
Industrial Robot Market Forecasts 52
1. Industrial Robot Description and Market Dynamics 54
1.1 Industrial Robot Markets 54
1.1.1 Robots Make Production More Efficient 55
1.1.2 Robots Find A Place in Industry 55
1.1.3 Challenges to the Use Of Industrial Robots 56
1.2 Robots Achieve Reduced Labor Costs 57
1.3 Buggy Whips 59
1.3.1 Industrial Robots Promise To Replace 70 To 90% Of Existing Manufacturing Jobs 59
1.3.2 Industrial Robots In Auto Factories Multi-Tasking: Welding, Riveting, Bonding And Installing A Component 61
1.3.3 Advent Of Low-Cost Automation 63
1.3.4 Tesla’s factory 64
1.3.5 Everyone Will Have Access To A Personal Robot 65
1.4 Global Economy 66
1.4.1 Robotics as Key Economic Enabler 68
1.4.2 US Economy 72
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