2022: The Year of Robotics Industry Expansion

Bhagyashri Kambale | November 12, 2021 | 675 views
Robotics industry growth has accelerated rapidly across several industries. It has aided manufacturers in overcoming numerous barriers related to real-time communication, workplace safety, and overall manufacturing cost and timeliness. However, if we trace its history back to 1961 when George Charles Devol introduced the first robot, dubbed 'UNIMATE,' it has exponentially grown and utilized across sectors to make operations more effortless, precise, and faster.

“As technology takes over and enhances many of the processes we used to handle with manual labor, we are freed up to use our minds creatively, which leads to bigger and better leaps in innovation and productivity.”
– Matt Mong, VP Market Innovation and Project Business Evangelist at Adeaca.

However, the industry has seen snags or difficult times due to market fluctuations, unfavorable situations, and the need to remain competitive in the drive for expansion. To thoroughly understand the robotics industry, let us examine each component that surrounds it.

Industrial Robotics Global Market Size


According to recent Allied Market Research studies, the global industrial robotics market was worth $37,875 million in 2016 and is expected to reach $70,715 million by 2023, rising at a 9.4% compound annual growth from 2017 to 2023.

Industrial Robotics Market Analysis

The global industrial robotics market is primarily driven by a global increase in labor costs, which has compelled firms to replace human labor with robots. As a result, Asia and Europe are the world's fastest-growing areas, with top companies such as ABB, Fanuc, KUKA, Kawasaki, and Yaskawa Electric Corporation headquartered in the region.

The global market of robotics has been segmented by its type, industry, and function.

Type Industry Function
 Articulated  Automotive  Soldering and Welding
 Cartesian  Electrical & Electronics            Materials Handling
 SCARA  Healthcare & Medicine  Assembling & Disassembling          
 Cylindrical  Rubber & Plastics  Painting and Dispensing
 Others if any            Machinery & Metals  Cutting and Processing
   Food & Beverages  Milling
   Precision & Optics  Others if any
   Others if any  

Industries That Are Pioneering the Use of Robotics

As we have observed, the global robotic market will continue to rise in the future years. Therefore, let us examine which industries will extend their use of robotics in their operations.

Healthcare & Medicine


Medical robots help surgeons optimize hospital logistics and free up the working staff to focus on patients. In the healthcare field, robots are revolutionizing surgery by speeding supply delivery and disinfection and freeing up time for doctors to interact with their patients.

da Vinci System – A General Surgical Robot

The da Vinci System is a surgical robot that focuses on a wide range of urological, bariatric, and gynecological surgical treatments. In addition, Stryker's MAKO System also specializes in orthopedic surgery, specifically partial and total knee replacements.

The da Vinci SP system is cleared for use in the United States exclusively for single-port urological procedures, lateral oropharyngectomy (often referred to as radical tonsillectomy), and tongue base excision.

Law Enforcement


Police robots are meant to gain access to areas inaccessible or dangerous to first responders, and they are capable of manipulating items and gathering data using several technologies. It encompasses robots capable of operating in various conditions and displaying a range of data and communication capabilities.

Agriculture & Food Industry


Farm equipment is now routinely equipped with sensors that utilize machine learning and robotics to identify weeds, compute the appropriate quantity of herbicide to spray, or learn to detect and pick strawberries, for instance.

Additionally, in the food business, robotics has been used to do repetitive tasks such as picking and placing food items and cutting and slicing food items during any given food item. For instance, the modern bakery business uses robotics to perform traditional craft skills and produce any product in large quantities while maintaining high quality and hygiene standards. 

Transportation


The transportation sector is highly leveraging robotics. The powerful transport capability, advanced control technology, and sensing precision are some of the benefits that make the transportation robots widely utilized in this sector. These benefits from robotics help the sector convey various commodities in factories, restaurants, and medical institutions, among other locations.

Manufacturing


Robots are employed in manufacturing to do repeated jobs and streamline the overall assembly process. Additionally, robots and humans can also collaborate on product making. Robots can replace humans for hazardous tasks or processes that need large quantities of materials, which might be hazardous for a human employee to handle.

Factors Sustaining the Growth of the Robotics Industry

  • Reduces Manufacturing Costs: Robotics application in all industries reduces the overall manufacturing process running costs.
  • Improves Product Quality: The precision of robotics throughout the manufacturing process helps produce high-quality items that meet target client needs.
  • Offers Competitive Market: Increased income due to utilizing the benefits of robotics applications makes any industry more competitive.
  • Speed-ups Production Time: Robotics speeds up production and helps manufacturers increase output.
  • Offers Task or Process Flexibility: Robotics can weld, cast, mold, assemble, machine, transfer, inspect, load, and unload items, among other duties. So, it gives the manufacturer process flexibility.
  • Reduces Excessive Use and Waste of Production Materials: Robotics employs the exact quantity of material required for the manufactured product, reducing waste and overuse of materials.
  • Offers a Safe Working Place: Robotics improves employee health and safety by performing tasks that humans find risky. For example, in the chemical industry, a human employee may not do a hazardous task. In such instances, robots can replace people.

Final Words

The rise of the robotics industry has accelerated dramatically, and it is now spreading its wings across industries. Research firm IDC provided a projection for the commercial robot market, forecasting that the market will exceed $53 billion by 2022, with a compound annual growth rate of more than 20%. In addition, several advantages of robotics such as safety, productivity, uniformity, and perfection are pushing its expansion and making it an essential element of industry 4.0.

FAQs

Why are robots the future of the manufacturing industry?

The use of robots in manufacturing has improved process efficiency and product quality. As a result, robots are gaining favor in production and becoming the future of manufacturing.

Which industries make the most use of robotics?

Healthcare, agriculture, food, and manufacturing are the industries that are embracing robotics to get the most out of it.

How is manufacturing utilizing robotics?

Manufacturing uses robotics for repetitive tasks. This helps in the reduction of errors and human efforts. It also improves production efficiency.

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Realtime Robotics Announces Additional Funding of $14.4 Million

Realtime Robotics | September 09, 2022

Realtime Robotics, the leader in collision-free autonomous motion planning for industrial robots, today announced that it has secured $14.4 million in additional funding, with Soundproof Ventures, Heroic Ventures and SIP Global Partners as lead investors. The funding comes on the heels of the official launch of the company’s new RapidPlan software, which helps manufacturers design and deploy industrial automation faster and more efficiently. With RapidPlan, customers can automate the programming, deployment and control of their industrial robots within applications such as automotive or logistics, autonomously creating and choreographing all robot movements without the need for brand-specific robot programming. Within RapidPlan’s software environment, users create a digital twin simulation of their workcell and then simply point and click on robots and target points to visualize collision-free task plans, saving weeks to months of programming time per project. The same software used for the simulation environment controls real-world robots. “We have seen a tremendous industry response to the launch of RapidPlan and its ability to make collision-free operations a reality for industrial robotics, speeding programming time and increasing throughput, We’ve recently pivoted away from hardware to pure software, making it even easier for all customers and partners to integrate our revolutionary technology within their existing stack and workflows. This latest round of funding will assist us in scaling to meet demand.” -Peter Howard, CEO of Realtime Robotics. Recent research indicates that more than 80% of warehouses today lack any type of automation. By combining that statistic with research by the Material Handling Institute stating that robotics adoption in warehouses will increase by more than 50% over the next five years - and news that robot sales had their strongest year ever last year - it becomes clear that there is a massive market opportunity available. Technology that can help streamline and optimize the use of industrial robotics in both logistics and manufacturing will be critical to companies looking to quickly drive ROI from their new robotics investments. “As supply chains are increasingly taxed, industry craves efficiency, By automating the most challenging and costly aspects of operating industrial robots, Realtime Robotics enables customers to unlock the promise of automation and drive output well beyond what has ever been conceived.” -Michael Silverstein, Managing Partner of Soundproof Ventures. Realtime Robotics’ motion control software enables major cost savings, flexibility and process efficiency gains at the world’s largest and most sophisticated robotics installations, stated Jeffrey Smith, General Partner, SIP Global Partners. Seamless programming, automated rollout and conflict resolution will drive large scale adoption and ROI. We look forward to working closely with Realtime as they deploy their uniquely innovative solutions globally. Realtime Robotics will apply the new funds to help the company continue to scale and meet the growing industry demand for RapidPlan. It will also be used to invest in overall engineering development and to enable additional enhancements to its core software. Watching Realtime Robotics’ software guide robot motions was a thing of beauty. The robots were interacting with each other, and were not crashing, said Greg Tormanen, Automotive Body and White Engineering Manager at Kawasaki Robotics. It has taken operators years of practice to become skilled enough to make robot motion and planning both efficient and effective. Realtime’s technology decreases the amount of time it takes to perform the task, enabling those with less experience to realize the same results. This level of interaction is simply impossible with human programming. The ability of Realtime Robotics RapidPlan software to help organizations optimize their robot programming and deployment, improving their efficiency and effectiveness, was recently on display at the Automate 2022 conference. Interactive demos of RapidPlan in use with partners Kawasaki Robotics Inc. and Mitsubishi Electric Automation were shown at the event, and the technology will be on display again at the International Manufacturing Technology Show (IMTS) 2022, taking place next week, from September 12-17, 2022, in Chicago, IL. About Realtime Robotics: Realtime Robotics technology generates collision-free motion plans in milliseconds for industrial robots and autonomous vehicles. Its solution empowers robots to function together in unstructured and collaborative workspaces, as well as to react to dynamic obstacles the instant changes are perceived. Its solutions expand the potential of automation.

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DIGITAL TRANSFORMATION

RoviSys Designated Platinum System Integrator Partner by Rockwell Automation

Rockwell Automation | November 25, 2022

Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, today announced that RoviSys has been designated a Platinum System Integrator Partner as part of the PartnerNetwork Program. RoviSys is an independent automation and information solutions integrator, delivering process and building automation design, delivery, and support globally. The program offers opportunities to expand and maximize integration skills, recognize and reward performance, and connect businesses with system integrators that meet project needs and enable mutual success. As a Platinum System Integrator Partner, RoviSys will receive enhanced recognition with customers and leading-edge access to Rockwell Automation product and technical support. “Platinum status is achieved by invite only and is the highest level of partnership within the Rockwell Automation System Integrator Partner Program. It is an exclusive recognition reserved for less than 1% of our partners and we are proud to welcome RoviSys into this designation,With a customer-first mentality, RoviSys has extensive project experience delivering thousands of projects over the last five years with a diverse range of capabilities across 12 locations in North America, Europe, and Asia Pacific. “The partnership between Rockwell Automation and RoviSys is one that we have truly valued over the years, and we look forward to continuing to grow together -Don Shoemaker, Regional Vice President, North America Market Access, Rockwell Automation. Our long-standing partnership has allowed RoviSys to collaborate with Rockwell, and bring industry-leading solutions to customers for over 30 years, said Dick Ciammaichella, Director of Growth. This next step into Platinum Partnership positions RoviSys to strategically align customer needs with Rockwell product life cycles. RoviSys delivers 500K+ hours of Rockwell solutions annually, and empowers end users to effectively implement Rockwell solutions that drive automation and digital transformation today and into the future. About RoviSys: RoviSys is an independent systems integrator that provides process automation, building automation, and discrete manufacturing automation solutions. We support digital transformation, industrial network solutions, and artificial intelligence, bringing information from plant floor to top floor. Industries include: Chemical, Petrochemical, Life Science, Mission Critical Data Center, Distribution & Fulfillment, Transportation, Consumer Packaged Goods, Glass, Metals, Power & Energy, Water & Wastewater, Paper & Wood, Oil & Gas, and Semiconductor. About Rockwell Automation: Rockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 24,500 problem solvers dedicated to our customers in more than 100 countries. About the Rockwell Automation PartnerNetwork: Rockwell Automation believes we're better together—and we do our part by delivering an expansive, global partner ecosystem of market-leading technology, superior support and services, and an integrated and streamlined approach to business. Succeed on an international scale by utilizing our network's breadth of innovative technologies and services that no single vendor can provide alone.

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