About Industrial Robots Power Supply Systems
Industrial robots power supply systems comprise components of a robotic system that supply electrical power to the system to function. Major products considered in the report include inverter power sources, batteries and accessories, and other products such as supercapacitors, hybrid systems, fuel cells, and photovoltaic cells.
Technavio’s analysts forecast the global industrial robots power supply systems market to grow at a CAGR of 9.59% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial robots power supply systems 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 Industrial Robots Power Supply Systems Market 2017-2021
Technavio recognizes the following companies as the key players in the global industrial robots power supply systems market: ESAB, Fronius International, Lincoln Electric, Panasonic, and Yaskawa Motoman.
Other Prominent Vendors in the market are: Vertivco, Lucas-Nülle, OTC Daihen, Artesyn, KUKA, and StorTronics.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Emergence of co-bots. A co-bot works with humans collaboratively without physical separation. These robots use specialized sensors and robot controllers for operation. They are implemented when ease in programming along with a reduction in safety costs are desired.”
According to the report, one of the major drivers for this market is Increase in adoption of industrial robots due to deficit of skilled labor. Rapid industrialization in developed and emerging economies has led to an increased demand for labor, resulting in a hike in the average labor cost and less availability of skilled workers in various industries globally. By 2050, the working-age population in the world is expected to decrease significantly, especially in countries such as China, Japan, Germany, Russia, and France.
Further, the report states that one of the major factors hindering the growth of this market is Technical and operational issues. Certain technical and operational issues have been major deterrents to the market growth over the years. For instance, Li-ion batteries have a high rate of internal resistance as a major drawback. The internal resistance of Li-ion batteries is high when compared with other rechargeable batteries such as Ni-MH and LiFePO4 batteries. It increases as the battery gets older and when the use cycle of the battery increases.
ESAB, Fronius International, Lincoln Electric, Panasonic, Yaskawa Motoman, Vertivco, Lucas-Nülle, OTC Daihen, Artesyn, KUKA, and StorTronics.
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