Industrial logistics robots are expected to help bring about consistent delivery of quality materials and efficiency to manage food production. Industrial logistics robots are expected by industry experts to bring about a new industrial revolution like never seen before.
A new study Industrial Robot: Market Shares, Strategy, and Forecasts, Worldwide, 2015 to 2021. The 2015 study has 1022 pages, 258 tables and figures. Worldwide Industrial Robot markets are poised to achieve significant growth as the automotive early adopter base provides a way for other industries to leverage economies of scale. Industrial Robot infrastructure in one industry makes it easier to extend product sets so that they are more available across all industries, remaking all manufacturing everywhere.
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Nearly every day a news story is published that proclaims the U.S. manufacturing industry is dead and little if any manufacturing hiring is occurring. Take these claims with a grain of salt. U.S. manufacturers are thriving. But they are not the low tech, unskilled-labor businesses of twenty or thirty years ago. They have integrated so much technology into the manufacturing process that they require highly trained employees.
Industrial robots promise to replace 70 to 90% of existing manufacturing jobs. People will learn new ways to achieve an economy, to achieve economic development. An economy needs to adjust, to be flexible if you gave pink slips to more than half the labor force.
The prominent companies operating in the market are Dyson Ltd., Ecovacs Robotics Inc., Infinuvo, iRobot Corporation, Koninklijke Philips N.V., LG Electronics Inc., and Neato Robotics Inc., Intellibot Robotics LLC, Yujin Robot Co. Ltd., and Samsung Electronics Co. Ltd. They have adopted strategies, such as expansions, partnerships, collaborations, mergers & acquisitions, joint ventures, new product launches, and others to strengthen their position in the market.