Rajkumar’s expertise is in automation technologies, including sensors (photoelectric, proximity, vibration, force), collaborative robots, AGVs, industrial UPS, soft starters, AC drives, PLCs, operator panels, EMS, GIS, and engineering services. He also has experience with conducting, analyzing, and interpreting customer, competitor, and market intelligence across the marketing spectrum on customer segmentations and product categories.
Connected and Hassle-Free Manufacturing Lines Drive Collaborative Robots
Blog: NASSCOM Official Blog
The market adoption for collaborative robots (cobots) varies considerably by industry sector. This report includes revenues of hardware, software, and services for cobots and covers different payloads (up to 5 kg, >5-10 kg, and >10 kg ) and different arm types (articulated, parallel/delta, dual-arm, SCARA).
Manufacturers across all vertical industries are constantly re-examining their production processes and automated equipment in an effort to find ways to introduce more flexibility into their production systems.
Cobots will become a key source of information on the factory floor. The collection of data, however, is just one part of the task. Manufacturers will have to implement systems to organize and analyze all of this information in order to act on it. Big Data analysis will become a competitive differentiator.
As cobots become connected to internal systems for data collection, cybersecurity risks increase. Manufacturers will be forced to address vulnerabilities in their processes and invest heavily in cybersecurity to ensure safe, reliable production.
Today, the collaborative robotics market is in a state of growth. ARC anticipates that the market for robotics hardware, software, and services will grow rapidly and expand globally.
The report identifies growth segments and market trends, as well as the challenges suppliers face to achieve expansion in a very fragmented market landscape. In addition to the quantitative assessment, the report provides an insightful analysis on issues that will have an impact on this market in the future.
Collaborative Robots Strategic Issues
The challenge in the collaborative robots marketplace is for suppliers to differentiate themselves and continue to improve their value propositions for industrial end users and OEMs. This is especially important because the market is extremely competitive and the demand is expected to grow as users increasingly recognize the benefits of cobots for various applications. The report answers key questions, such as:
- What strategies should suppliers deploy to achieve an increase in market share?
- Which high growth industries are the most attractive for suppliers to target?
- What impact will intelligent devices and the Internet of Things have on the market?
“Reprinted with permission, original blog was posted here”. You may also visit here for more such insights on the digital transformation of industry.
About ARC Advisory Group (www.arcweb.com): Founded in 1986, ARC Advisory Group is a Boston based leading technology research and advisory firm for industry and infrastructure.
For further information or to provide feedback on this article, please contact RPaira@arcweb.com
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