Modular Robotics Market Drivers, Restraints, Opportunities, and Trends in Coming Years


Posted April 21, 2021 by devanshuraizada

Therefore, on account of the burgeoning manufacturing activities and the need to make them faster and cost-efficient, Asia-Pacific (APAC) has been the largest modular robotics market till now.
 
With countries around the world investing in the advancement of their industrial sector to become a manufacturing hub, modular robots are being further improved via the integration of artificial intelligence (AI). Many companies in the robotics sector are now integrating AI in such products to analyze real-time operational data for better efficiency in the factory, as well as predictive maintenance.

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For instance, FANUC Corporation introduced the AI path control function in its ARC Mate cutting and welding robots in May 2020, to allow the robots to find their own path on the factory floor using machine learning, AI, and acceleration sensors. With such advancements, manufacturers are now using a variety of modular robots, including articulated, selective compliance assembly robot arm (SCARA), cartesian, collaborative, parallel, spherical, and cylindrical modular robots.

Among these, articulated variants are the most popular because of their ability to handle heavy parts and components in the automotive, plastics, rubber, food & beverages, chemicals, and mining & metal industries. Apart from these, collaborative modular robots are witnessing rapid adoption in factories, as they help reduce the involvement of humans even in the tasks where conventional robots need to work with people.

Therefore, on account of the burgeoning manufacturing activities and the need to make them faster and cost-efficient, Asia-Pacific (APAC) has been the largest modular robotics market till now. Led by China, Japan, South Korea, and India, APAC accounts for the highest industrial output in the world. In addition, governments here are taking steps to improve their manufacturing infrastructure in order to boost exports. Some of these steps are the Made in China 2025, Make in India, and Making Indonesia 4.0 initiatives.

Hence, as governments continue to pour millions into the advancement of their manufacturing sector, the demand for modular robots will keep rising.
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Issued By Devanshu
Country United States
Categories Business
Last Updated April 21, 2021