Robotics technologies are used to automate processes, increase productivity, improve quality and decrease human errors. Robotics technology is used in industries like defense, health care, aerospace, and infrastructure. Robotics Technology are used for several activities like surgical operations, assembling products, detecting and defusing bombs, product inspection, space missions, cleaning and household works.
Global Robotics Market is forecasted to be close to USD 45 Billion by 2020. Rising trends are en-route for automation and constant pioneering technical advancements in industrial robotics and service robotics, the demand of robots has increased immensely.
As Robotics technology consists of machine, tools and computer applications used for various purposes such as manufacturing, designing and other applications of robots. Increasing demand for automation in industries has advanced the acceptance of robotics technology mainly in the automotive industry. Advancement of technologies like modular robotics, nano-robotics and cloud robotics fuels the Robotic market globally.
Market Segment of Robotic Technology: Overview
Robotics markets were categorized into two segments globally
• Global Industrial Market
• Global Service Market
According to Renub Research, the report consists of in-depth analysis of Robotics Technology such as
Global Industrial Robotics Market further categorized into
• Automotive Industry
• Electrical & Electronics Industry
• Metal Industry
• Chemical, Rubber and Plastics Industry
• Food Industry
Global Service Robotics Market also categorized into
• Agriculture (Field)
• Mobile Platform
• Rescue and Security
The Report also consists of following
Implementation of Robotic Technology Reduce the risks of Human Accidents
Globally the labor safety standards becoming more severe, robots are being employed in risky environments in place of humans. Robots find application in situations that are unsafe and insecure for humans to work, Robots facilitate industries to avoid risks and reduce the number of work accidents. These are the factors that leads to larger acceptance of robotics technology in the market globally.
Key Players in Robotics Technology
The key players in the Robotics Technology are Yaskawa Electric Corporation, KUKA AG, Adept Technology, Nachi– Fujikoshi, iRobot, Intuitive Surgical.
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