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Rainer Denzler Monday, March 25, 2019 Robotic

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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”.

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Similarly, offshore manufacturers incur expenses like shipping, inventory, communication, travel, training, permits, duties, tariffs, compliance with import/export restrictions and others which they may not incur in their country. This in the long run pushes the production cost.

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Robots bring a new industrial revolution. Adoption of industrial robots in non-automotive applications is occurring in the electronics, chemicals, pharmaceutical, and food & beverages industries. Industrial robots have opened up new market opportunities. High installation costs have been largely overcome, making industries in developing markets available to vendors. The adoption of robots in underdeveloped countries occurs because of the unavailability of skilled labor.

Efficient systems. Finance and accounting groups often need to access and consolidate information from a range of different applications and systems. This tedious work, often involving intermediate spreadsheets, can present high workloads at month end, the end of a quarter and year end. Robots perform this work fast and seamlessly, as if there was really just one integrated system. Robots can be configured and trained to do this work in a matter of weeks, when it would take years for an IT group to integrate the disparate systems to the same degree.

Industrial robots are commonly used to locate ships, control and clean nuclear waste, to discover and study underwater mineral deposits, and for volcanic examination. They are also used in space voyages and for the exploration and study of planets. In the medical field, industrial robots have been used to support surgeons and to assist with operations. Of late, robot technology has developed to the point where these appliances can operate on patients independently, with the doctor controlling it located in another part of the world.

The choice of automated forex robot usually is hard, as there are many automated trading systems out there, but only few of them are actually worth the price. There are also very expensive automated forex robots, which could cost up to ten thousand dollars, but are not even worth a cent. I myself tried dozens of such kind of programs, but I liked only few of them.

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