By Marcelle Grimard. Industrial Robot. Published at Friday, November 16th, 2018 - 23:37:28 PM.
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”.
Manufacturing industries have been making use of robots and automation on a very large scale. Robots have been successful in meeting the requirements of precision, endurance, speed, and reliability. Robots perform all kinds of dangerous and dirty jobs. Robots also handle the manufacturing work which includes material handling (pick and place), welding, packaging, assembling, painting, palletizing, product testing and inspection.
The established companies in the global industrial logistics robots market are Fanuc, Krones, Schaffer, IMA Industries, Denso, ABB, Panasonic, Toshiba, Stabuli, Kawasaki, Pro Mach, Fuji, Clevertech, and MSK Covertech-Group. The primary challenge faced by players in the global industrial logistics robots market is that of training their staff to handle these heavy-duty robots.
One of the major advantages of robots is that they can perform any kind of work if programmed accordingly and they can also work for longer hours without giving them any break. The robots are built in such a way that they can work for many years. This is a long time investment where you can get much of your work done with less cost. The industrial robots economic life span is approximately 12-16 years. The industrial robots have been producing good work and that they have become one of the important parts of the industries.
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