Industrial robot markets at $22 billion in 2014 are anticipated to reach $48.9 billion by 2021: ResearchMoz

ResearchMoz added a new report titled "Industrial Robot: Market Shares, Strategy, and Forecasts, Worldwide, 2015 to 2021" to its Research Report collection.


Albany - NY, Oct. 20, 2015 (GLOBE NEWSWIRE) -- 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. 

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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.

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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.

A few leading vendors profiled in the report lead the market.  ABB provides a comprehensive range of robots to help manufacturers improve productivity, product quality and worker safety.  Regardless of application ABB has a robot to meet needs of the customer in any industry.  ABB has installed 250,000 robots worldwide. 

ABB's small IRB 120 multipurpose industrial robot weighs 25kg and can handle a payload of 3kg (4kg for vertical wrist) with a reach of 580mm.  It is a cost-effective and reliable choice for generating high production outputs in return for low investment.  A white finish Clean Room ISO 5 (Class 100) version, certified by IPA, is available.

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With a global install base of nearly 300,000 industrial robots, Yaskawa Motoman has over 150 robot arm models currently in production.   Well defined criteria help users find a robotic arm that suits industrial applications.  Required payload, reach and repeatability specifications are market aspects.  Each robotic arm model is paired with a robot controller that enables workers to program and control tasks of a single robot or coordinate multiple robot arms.

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