New ARC Advisory Group research on the Industrial Robotics market reveals that as more users recognize the benefits of automation, countries with a low automation rate will seek to substitute manual workpiece feeding with the support of industrial robots that improve cycle times and reduce downtimes due to shift changes. Higher efficiency and effectiveness can reduce costs and make companies more profitable.
“The pressing need to reduce costs (especially labor costs) while simultaneously increasing quality is the main driver for increasing the use of robots and automation in general along the whole value chain of manufacturing industries. The continued trend toward more collaborative environments is playing a significant role. With new sophisticated technologies, industrial robots will become safer and more “cobots like,” according to Fabian Wanke, Industry Analyst at ARC Advisory Group and key author of ARC’s Industrial Robotics Global Market Research report.
About the Industrial Robotics Research
This ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the industrial robotics market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts by robot type, region, industry, application type, and sales channel.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.