Even more critical, other costs like training costs especially in countries where there is inadequate skilled manpower will force the manufacture to invest in staff training and this will make offshore manufacturing unviable. Also because of competition and the supposedly cheaper labor may make it harder for the foreign investor to retain the workers he has invested heavily to train. This may result in a higher turnover of employees hence straining the operating finances.
Industrial Robots are automatic devices, which to an extent simulate the human behavior or more specifically human activity. Robots are important part of the science of Automation. Automation involves machines and computers that are capable of learning and performing various types of operations. The word robot has been derived from the Czech word ”robota” meaning compulsory labor. The robots are used in industries to perform various functions like material handling, spot welding, spray painting, die casting, ironing, forging, assembly operations, palletizing, dispensing, testing, water jet cutting, picking and placing heavy goods etc.
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Robots are made up of easily available materials. Steel, cast iron and aluminum are commonly used for making the arms and bases of robots. In mobile robots, rubber tires are fixed for smooth and quiet operation. Robots may be electronically operated and also laser or radio controlled. The exposed parts of the robot are enveloped with flexible neoprene sheaths and bellows.
Robots are made in various shapes and sizes and generally their load carrying capacity depends up on their size and strength. An average human sized robot is capable of carrying a load of more than 100 pounds and can also move it very quickly at the rate of +/-0.006 inches. One of their major advantages is that they can work continuously for days and years at a stretch without developing any fault. Due to this persistent accuracy robots are fast becoming indispensable part of various industrial set-ups. Most often these robots are used for repetitive painting, welding and operations like picking up and placing products into the machines.
Regional demand patterns have been considered while estimating the market for various end-users of packaging robot in different regions. We have used the top-down approach to estimate the global packaging robot market, split by regions. The global application segment and end-user split of the market has been derived using the bottom-up approach, which is cumulative of each region’s demand. Regional demand is the summation of sub-regions and countries within a region. Market share of companies has been derived on the basis of revenues reported by key manufacturers. The market has been forecast based on constant currency rates.