A few leading vendors profiled in the report lead the market. ABB provides a comprehensive range of robots to help manufacturers improve productivity, product quality and worker safety. Regardless of application ABB has a robot to meet needs of the customer in any industry. ABB has installed 250,000 robots worldwide.
Offshore manufacturing is a business aspect where an entrepreneur relocates or sets his/her manufacturing plant in another country where conditions of manufacturing like labor and raw materials are more cheaper or where the manufacturing environment is more favorable for export and/or eventual import to the manufacturer’s home country.
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Automation improves the level of production and competence of certain industries. It is in this regard that industrial robotic systems have been conceptualized. It is true that this system renders much help to operators. The predicament however lies upon the price that goes with it. In industries where modernization has not yet been introduced, learning how to operate the system adds to the burden.
Characteristic features include screws, pins, fuses, and other electrical components. Machine vision systems also check for missing slots or holes, which can prevent proper assembly. Inspection takes just seconds, even with a huge variety of different parts, allowing manufacturers to maintain high levels of efficiency and productivity.
The flipside is that offshore manufacturing leads to job losses in the manufacturer’s country of origin, but then this again creates an extra incentive for those workers who have lost jobs to work hard so as to scale the high value jobs which their country has a comparative advantage to produce.