Global Robotic Flexible Part Feeding Systems Market 2017-2021
About Robotic Flexible Part Feeding Systems
Robotic flexible part feeding systems comprise components, such as parts feeders, vision systems, and robots. These systems are used to feed a wide variety of component parts into an assembly process. They are increasingly adopted as they can deal with components of various sizes, shapes, and orientations.
Technavio’s analysts forecast the global robotic flexible part feeding systems market to grow at a CAGR of 8.68% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global robotic flexible part feeding systems market for 2017-2021. To calculate the market size, the report considers revenue.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Robotic Flexible Part Feeding Systems Market 2017-2021
Technavio recognizes the following companies as the key players in the global robotic flexible part feeding systems market: ABB, ARS s.r.l. Socio Unico, Asyril, FANUC, Omron Adept Technologies, and RNA Automation.
Other Prominent Vendors in the market are: Calvary Robotics, GMS, Epson, Graco, ESS Technologies, R.R. Floody Company, flexfactory, Yaskawa Motoman, and Flexomation.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is emergence of collaborative robots. The market will witness a surge in the adoption of collaborative robots with improved lifting power. While industrial robots have surpassed collaborative robots in lifting power, vendors are increasingly focusing on innovations that enhance the lifting power of collaborative robots.”
According to the report, one driver in the market is increase in demand for automated assembly processes in the industrial sector. Industrial players are increasingly emphasizing on post-manufacturing operations and exploring cost-cutting opportunities in material handling through lean management principles. There is an increased emphasis on speeding up the cash cycle while improving customer satisfaction. This had necessitated the adoption of automated material handling operations and is expected to impact various aspects of assembly.
Further, the report states that one challenge in the market is high cost of implementation. While robotic flexible part feeding systems are gaining traction, the market is mainly dominated by alternative technologies, such as traditional part feeders, which comprise a vibrating bowl, linear vibratory feeders, index station, noise insulation cups, pick and place units, PLCs, and sensors. These traditional part feeders are relatively low priced and have greater market penetration due to a higher level of awareness about them
BB, ARS s.r.l. Socio Unico, Asyril, FANUC, Omron Adept Technologies, RNA Automation, Calvary Robotics, GMS, Epson, Graco, ESS Technologies, R.R. Floody Company, flexfactory, Yaskawa Motoman, and Flexomation.