Global Robotics Market in Semiconductor Industry 2017-2021
About Robotics Market in Semiconductor Industry
Machines that manipulate the movement of materials, in-line with the programming installed in the system in an industrial set-up are considered to be industrial robots. Robot types such as the SCARA, articulated, delta, polar, and cartesian robots used for semiconductor manufacturing and secondary applications are considered in the scope of the report. The global robotics market in the semiconductor industry has witnessed growth due to the increase in the demand for sophisticated electronic products. The global economy is improving, thereby leading to the growth in the disposable income and demand for high-end electronic products and semiconductor devices. The semiconductor industry is growing in terms of developments in manufacturing and productivity. The industry is adopting advanced manufacturing methods that boost the productivity of the operations. Also, the industry is focused on the quality of the product and maximum optimization of the operational cost, thereby resulting in the increasing adoption of industrial robots.
Technavio’s analysts forecast the global robotics market in semiconductor industry to grow at a CAGR of 7.69% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global robotics market in semiconductor industry for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of robotics in the semiconductor industry.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Robotics Market in Semiconductor Industry 2017-2021
Technavio recognizes the following companies as the key players in the global robotics market in semiconductor industry: ABB, FANUC, Kawasaki Robotics, KUKA, Stäubli, and Yaskawa Electric.
Other Prominent Vendors in the market are: Acieta, Bastian Solutions (Part of Toyota Industries Corporation), Comau (FCA), and Universal Robots.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Interconnected robots for semiconductor industrial automation. The designing and development process of industrial robots involve the combination of advanced technology and sophisticated components. These robots are constructed in a specific way to offer more flexibility in terms of vision, movement, installation, programming, software updates, and the use of multiple applications. These features of industrial robots make them appropriate for the highly diversified semiconductor industry which involves the manufacture of components of various size, shapes, weights, and technology. The arm movement of industrial robots used in the semiconductor industry has high reachability, besides being incorporated with vision technology. This allows the robots to execute applications involving small and tiny components with soldering, welding, sealing, and dispensing needs.”
According to the report, one of the major drivers for this market is Cost-effective flexible automation. Industrial automation is transforming from fixed to flexible where industries are preferring industrial robots over traditionally used automated machines. The transformation in the semiconductor industry is witnessed in terms of manufacturing where an automated assembly of chips and components is performed. Hiring industrial workers adds to the cost of the company and compromises the health and safety of employees, thereby accounting for increased operational cost. However, industrial robots are a one-time investment and are more efficient than industrial workers.
Further, the report states that one of the major factors hindering the growth of this market is Cost-intensive nature of robotic technology. Industrial robots designed and developed for the semiconductor industry are cost-intensive due to the advanced components. The electronic and mechanical components incorporated in robots are advanced and prove expensive due to software licenses and their renewal. Due to this, the cost-conscious end-users display resistance in adopting the cost-intensive technology used in industrial robots. In addition, awareness regarding robotic technology is important which could motivate end-users for the investment in advanced technologies. The cost-intensive technology coupled with inadequate awareness about the advantages of industrial robots acts as a major challenge to the global robotics market in the semiconductor industry. Most small-scale manufacturers find it extremely difficult to bear the cost of investment in the adoption of robots and therefore prefer to continue with manual operations. Lack of awareness or short-term vision also acts as a major obstacle to the growth of the global robotics market in the semiconductor industry.
ABB, FANUC, Kawasaki Robotics, KUKA, Stäubli, Yaskawa Electric, Acieta, Bastian Solutions (Part of Toyota Industries Corporation), Comau (FCA), and Universal Robots.
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