The latest report added to the extensive research report database of Market Research Reports Search Engine (MRRSE) on the industrial logistics robots market states that the market will expand at a healthy CAGR during the forecast period and will be worth US$30 billion by 2020. This report is titled “ Industrial Logistics Robots: Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020”.
Robotic process automation has the potential to spark the next industrial revolution. Bots have been designed that can write literature and compose original music. They are so good at these seemingly ‘creative’ endeavours that humans cannot distinguish between music created by a software program and that by a human composer. Extrapolating from this, smart bots have also found application in developing computer programs and writing code.
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Conclusion. Machine vision systems have a wide range of applications in industrial automation. They enable industrial robots to perform complex tasks reliably and accurately, and allow companies to achieve previously impossible levels of efficiency and productivity. Machine vision has developed significantly over the last ten years and is now essential to many industries.
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Segmentation comprises demand for individual robot and end-users in all the regions and important countries in the region. Application segment includes current and estimated demand of industrial robots for applications such as picking, packing and palletizing. While gripper segment includes present and forecast demand for packaging robot with grippers such as claw, clamp, vacuum and others (Pneumatic and Hydraulic). End-use industry segment includes demand for packaging robots in industries such as food & beverages, pharmaceuticals, consumer products, tracking and logistics and industrial packaging.