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WORLD Scenario:-
The global industrial robotics market is expected to grow at a
CAGR of 5.4% during the forecast
period from 2013 to 2020, reaching a market size of $41.17
billion in 2020, according to a new report
by Allied Market Research, titled Industrial Robotics Market
(Products, Functions, Applications and
Geography) Global Analysis, Industry Growth, Trends, Size,
Share, Opportunities and Forecast
20132020.
The market was valued at $26.78 billion in 2012. Rapid growth in
automation demands, coupled with
reduction of duties on refurbished goods in Asia Pacific region
has fueled the growth of this market.
Industrial robotics is expected to be used in alternative
application areas in growing markets. The key
area such as electronics, which is still growing at an
increasing rate, has witnessed penetration of
industrial robotics in a significant manner.
Another key application that industrial robotics might find
penetration is healthcare. Nano-robotics is
gaining importance in the field of industrial robotics. It is
gaining momentum in health care and other
niche markets. Nano-robots help in mixing the right compound as
per instructions and result in
decreasing lead time, which in turn helps the company to meet
the demand of these medicines from
the consumer.
Among major robot types i.e. articulated robots, cylindrical
robots, SCARA robots, and Cartesian
robots; articulated robots is the largest segment, accounting
for $12.97 billion in 2012, owing to
increasing usage of these robots currently in emerging
industries such as packaging and healthcare
sectors.
However, cylindrical robots and other types of robots such as
customized and refurbished robots are
expected to grow at significant pace in the coming years due to
their increasing demand in industrial
sectors in Asia Pacific region. Cylindrical and other types of
robots are estimated to grow at a CAGR
of 6.5% and 7.5%, respectively, over the forecasted period.
Based on industries served, the market is segmented into
automotive industry, electrical &
electronics, chemical, rubber & plastics, machinery, metals
industry, food & beverages, precision &
optics, etc.
Among these, automotive industry segment dominated the market in
2012 at $7.37 billion. However,
the segment is expected to witness low growth owing to slow down
in the automotive industry. Thefood and beverages segment is
expected to witness highest growth rate of 6.9% over the
forecast
period owing to rising food and beverages industry.
Moreover, the rising need and customized solutions to make the
process faster especially in
unexplored regions such as Brazil, Argentina, and South Africa
is expected to drive the growth in
food and beverages industry.
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In 2012, Asia Pacific was the largest revenue generator that
accounted for 49.45% of the total market
share. The dominance of Asia Pacific is attributed to growth in
number of countries such
as China, India, Japan, Taiwan and Australia among others
investing heavily in research and
development infrastructure developments. Rapid growth in
automation demands coupled with
reduction of duties on refurbished goods has also fueled growth
in the industrial robotics market.
Market By Industry
Automotive Electrical & Electronics Chemical, Rubber &
Plastics Machinery Metals Food & Beverages Precision &
Optics Others
Market by Function
Soldering and Welding
Materials Handling Assembling & Disassembling Painting and
Dispensing Milling, Cutting and Processing Others
Robots versus Human Labor
With availability of relatively inexpensive labor in India,
China and other countries where wages
are significantly below western equivalents, some think that the
use of manufacturing robots is
not economically feasible. But, that's not so. Robots can
perform tasks that humans cannot do.
China has been the expanding base of low-cost manufacturing for
the world. In China, millions
of robots are already replacing low-paid migrant workers on
electronics assembly lines. The
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eventual labor shift is similar to the decline of seamstresses,
or secretarial pools in advanced
countries. In India too, as the country develops its
manufacturing prowess, growth will emerge
not only from automobile manufacturing (where it is already
firmly established) but also from
electronics assembly and other industrial markets where robotics
are the key ingredients of
competitiveness.
In the last decade the performance of robots has increased
radically while at the same time prices
have been plummeting. Prices relative to labor costs have fallen
significantly, especially if
quality improvements are taken into consideration. Today,
manufacturing robots have payback
periods as short as 1-2 years. This compares very favorably with
hiring and training new
production employees.
Typical electronics assembly manufacturing applications include
jobs such as pick-and-place
surface-mount electronic assembly. Robots perform this kind of
work much faster, and with
much better accuracy than any human assemblers. In addition,
production inspection, testing,packaging, palletizing, welding,
paintingall accomplished with superior speed and precision
that cannot be matched by human workers.
For quality, consistency and speed, humans cannot match most
manufacturing robots. Robots
have become so accurate and reliable that they can be applied
where manual operations are no
longer a viable option. A new wave of robots, far more adept
than those already commonly used
by automakers and other heavy manufacturers, are replacing
workers around the world in both
manufacturing and distribution.
