Why Industrial Robot Component Manufacturers Should Target Cobots
Recent years have been tough for the robotics and automation sector. Even pre-pandemic, the situation was challenging. That’s because, in 2019, automotive – a...
“Following two years of decline, strong double-digit growth in the market for key components used in industrial robots in 2021 will allow it to exceed its 2018 market size in 2021. Increased demand for robotics off the back of COVID-19 and labour shortages has benefited component vendors, who have struggled to keep up with such high demand. Our mid-term forecast projects positive, albeit lower levels of growth of between 4%- 5% for the remainder of the forecast period, resulting in projected revenues for key components in excess of $9.3 billion by 2025.”
The industrial robot industry is lacking credible and detailed component market data. If you need to get accurate and up-to-date information on the opportunities associated with components used in industrial and collaborative robots (such as motors, gearboxes, controllers, end effectors, sensors, machine vision and other hardware components), then this report is the answer.
The report provides insight and in-depth analysis into the automation components used in industrial robots. And it complements our current understanding of the industrial and collaborative robot markets, providing robot vendors and automation suppliers with the deepest possible insight into the development of the automation used in each robot type
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