Shelf-mounted Robots Market Driven by Improvement in Robotic System Integration Services

Reading time ( words)

Technavio market research analysts, in their latest report, predict the global shelf-mounted robots market to grow at a CAGR of over 10% during the period 2018-2022.

The improvement in robotic system integration services is one of the major trends being witnessed in the market. The adoption of simulation software, which can ease integration processes such as programming and commissioning is expected to increase. Virtual commissioning method is gaining traction over on-site commissioning because it helps in the reduction of time and cost by 50%-60%. Virtual commissioning ensures that all the retooling and rework happen in a virtual environment and there is a substantial reduction in the costs incurred. This can help system integrators improve the delivery of their services and showcase industrial robots to potential customers.

Advantages offered by shelf-mounted robots 

Over the years, the industrial players have started investing in shelf-mounted robots, which are effective and have better downward reach compared with other mounting options. Some of the advantages include a streamlined design, which allows functioning in minimal space, extended working range through easy gripping of components, and ability to be mounted on machines. These robots can be easily kept in an upright position and work at a downward angle for applications such as dispensing of materials and welding. They also permit a broader range of movement in the forward and downward directions. 

According to a senior analyst at Technavio for robotics, “The latest robots can twist and maneuver parts and easily detach difficult parts from complex molds in addition to removing completed parts and waste sprues from injection molding machines. They can also accurately place labels on molds, assemble products, apply glue and sealant, and package the products. Furthermore, while these robots involve high upfront capital costs for purchase and installation, they provide high ROI and quick payback.”

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more. 

Global shelf-mounted robots market segmentation 

This market research report segments the global shelf-mounted robots market into the following applications (material handling, assembly, welding, and surface treatment and finishing), end-users (automotive sector and non-automotive sector), and key regions (the Americas, APAC, and EMEA). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges. 

The material handling segment dominated the application segments of the global shelf-mounted robots market by accounting for a market share of more than 44%. Although the market share of this segment is expected to decrease by nearly 3% by 2022, it will dominate the global market throughout the forecast period. 

APAC contributed the largest share to the global shelf-mounted robots market, accounting for over 57% share of the global market. This region is anticipated to witness steady growth during the forecast period.

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. 

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


Suggested Items

DARPA's Assured Autonomy Program Seeks to Guarantee Safety of Learning-enabled Autonomous Systems

08/17/2017 | DARPA
Building on recent breakthroughs in autonomous cyber systems and formal methods, DARPA today announced a new research program called Assured Autonomy that aims to advance the ways computing systems can learn and evolve to better manage variations in the environment and enhance the predictability of autonomous systems like driverless vehicles and unmanned aerial vehicles (UAVs).

Enabling Extreme New Designs for Optics and Imagers

08/22/2016 | DARPA
DARPA seeks engineered optical materials unconstrained by “laws” of classical optics to develop vastly smaller, lighter, and more capable devices for advanced imaging applications.

CODE Takes Next Steps toward More Sophisticated, Resilient, and Collaborative Unmanned Air Systems

06/06/2016 | DARPA
DARPA’s Collaborative Operations in Denied Environment (CODE) program seeks to help the U.S. military’s unmanned aircraft systems (UASs) conduct dynamic, long-distance engagements of highly mobile ground and maritime targets in denied or contested electromagnetic airspace, all while reducing required communication bandwidth and cognitive burden on human supervisors.

Copyright © 2018 I-Connect007. All rights reserved.