Global Adaptive Robotics Market 2017-2021
About Adaptive Robotics
Adaptive robots have varied characteristics of integrating with technologies such as IoT, which allows real-time monitoring of the environment and activities. These robots are anticipated to reform and disrupt the way robots are currently used during the forecast period. Adaptive robots can improve the production process by standardizing product assembly and quality, constructing valid data out of their working and actions, creating knowledge repository, and simultaneously acquiring the required information from the existing data.
Technavio’s analysts forecast the global adaptive robotics market to grow at a CAGR of 27.20% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global adaptive robotics market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Adaptive Robotics Market 2017-2021
Technavio recognizes the following companies as the key players in the global adaptive robotics market: iRobot, Rethink Robotics, SoftBank Group, Universal Robots, and Yaskawa Motoman.
Other Prominent Vendors in the market are: Giraff Technologies, HONDA, PaR Systems, Robotiq, and Teledyne SeaBotix.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is integration of swarm technology in adaptive robots. After analysis and introspection, many engineers and scientists have tried to adapt automation to highly efficient patterns observed in nature. Worker ants are noted examples of efficient workers that execute all tasks in a focused manner, while maintaining constant communication.”
According to the report, one driver in the market is increasing adoption of lean and flexible manufacturing. The global industrial robots market is expected to witness escalating growth with technological advances and R&D investments in robotic science. The adoption of robotics is on a rise owing to the implementation of robotics solutions to achieve high productivity, operational efficiency, and replace manual interventions in major industries such as metal processing, automotive, chemicals, electrical and electronics, and F&B. With changing market dynamics and intense competition among OEMs, there is a surge in the adoption of automation and robotics solutions that can optimize production costs and reduce reliance on heavy automation and manual labor.
Further, the report states that one challenge in the market is complexity in designing. Adaptive robots are very complex in their design as they need to consider dual complexity. First, these robots need to comply with the internal complexity of the design to optimize components and establish communication with various modules. Second, these robots need to maximize their capabilities to sense the environment, learn, and reconfigure themselves with functional architecture. Moreover, to design a robot that has to work in hazardous environments, robots need to provide increased dexterity to adapt to difficult terrains that complicate the programming environment even further.
iRobot, Rethink Robotics, SoftBank Group, Universal Robots, Yaskawa Motoman, Giraff Technologies, HONDA, PaR Systems, Robotiq, and Teledyne SeaBotix.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook