Automation and Robotics to Bolster Global Material Handling Robots Market : Ken Research

According to the study “Global Material Handling Robots Market – Structure, Size, Trends, Analysis and Outlook 2016-2022”, evolution in technology coupled with the need to refurbish the existing global manufacturing facilities is expected to drive the market for material handling robots. However, the lack of awareness about various newer technologies may restrain growth of the material handling robots market. Other drawbacks include huge investments required for the adoption and transformation of old systems and cyber risks due to integration of technology which drives the market vulnerable over a period of time.

Material handling robots play a crucial role in industry automation because almost all core operations in industries are managed by robots. The rising consumption advantages of smart factory systems, increasing penetration of the IoT and investments in robotics are the major contributors for the growth of material handling robot market. Advanced technological innovations have enabled industries to deploy robots to streamline various processes, increase efficiency and eliminate errors. Deployment of material handling robots has increased workplace safety and improved production capabilities has compelled various process industries to invest in multiple robotic systems.

Material handling robots are used for packaging, pick and place operations, and palletizing/de-palletizing operations within a manufacturing unit. Various end users of material handling robots are automotive, metals, chemical, electrical, electronics, industrial machinery, food, beverages and other industries. Automotive industry accounts for a larger share within the material handling robotics market due to emerging automotive manufacturing facilities in countries such as China, the US, and Japan. Global automotive industry deploys majority of the newly ordered material handling robots, followed by electronics, electrical, food, beverages, metal and chemical industries. Articulated robots, Cartesian robots, SCARA robots, and other robots (cylindrical robots, delta robots, polar robots, etc.) are the various types of material handling robots available around the world.

Geographically, global material handling robotics market is spread across the Americas, Asia-Pacific, EMEA and rest of the world. Asia-Pacific region is the largest contributor within the material handling robotics market, followed by EMEA and the Americas. Increasing industrialization in China, Japan, South Korea, Taiwan, and India are the major contributors for the growth in material handling robots market. The material handling robotics market comprises of both international and regional vendors. All the international vendors lead the market in terms of quality, durability, reliability, and technological innovations. Huge investments are made in R&D sector to improve robots with new technologies, superior quality of robot construction, and more operational skills. The leading players within the global material handling robotics market are ABB, KUKA, Fanuc, Yaskawa Motoman, Toshiba Machine, Kawasaki Robotics, Nachi Robotic Systems, Adept Technology, Apex Automation and Robotics, Daihen, Epson Robotics, Denso Wave and Staubli International AG.

Industrialization in all the developing and emerging economies has resulted in shortage of skilled labour and this trend will continue over the next few years, especially in countries such as China, Japan, Germany, Russia, and France. Therefore, adopting material handling robots is improving production efficiency and thus overcome skilled labour shortage. Almost all the industries are focussed on energy conservation, producing quality products and workplace safety. Industrial workforce is the greatest asset of a company because productivity depends entirely on the well-maintained facilities. Automation and robotics in industries is making work safer, protecting the physical well-being of the employees. Robotic systems can be widely used in very hot or cold testing conditions where manual labour is advised not to function. Therefore, robotic systems have replaced human labour to ensure production efficiency is maintained without compromising on the workers’ safety. Deploying material handling robots is convenient and reduces cost of material handling, improves production efficiency and overcomes skilled labour shortage which directly boosts the growth of the material handling robotics market over the next few years.

To know more, click on the link below:

https://www.kenresearch.com/technology-and-telecom/it-and-ites/global-material-robots/171724-105.html

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Ken Research
Ankur Gupta, Head Marketing & Communications
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+91-9015378249

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