Robotics

Robotics - Market Research and Insights

Robotics have been used for decades in manufacturing with the automotive industry having led this revolution. However, the industry is entering a major new growth cycle and transformation: rising labor costs and a lack of availability of workers is driving industries to implement robotics to remain competitive by reducing costs and improving efficiencies.

Collaborative robots could potentially be the “next big thing” for the industry’s evolution, enabling robots and humans to work alongside one another in both production lines and logistics environments. Human-robot collaboration (HRC) has the potential to transform manufacturing further, but the pace of this remains to be seen, despite the current hype.

Like industrial robots, mobile robots have long been used to aid manufacturing, with automated guided vehicles – or AGVs – helping to reduce human labor by transporting materials around a production facility. This market however is also undergoing a major transformation currently. Firstly, simple AGVs are being replaced by more advanced autonomous mobile robots (AMRs) that do not need a physical guidance system, which enables faster deployment and much greater flexibility in routing. Secondly, the booming e-Commerce sector has fuelled demand for robotics in logistics and warehousing as retailers compete to provide consumers with next-day or even same-day delivery amidst a backdrop of rising labor costs. Internet giant, Amazon was a pioneer in this approach and its acquisition of leading mobile robot vendor Kiva left a major technology gap and vacuum that has been filled by dozens of start-ups.

Interact Analysis’ research leadership has close to 100 years’ experience in technology research and has deep roots in the industrial automation and robotics industries. In fact, our analysts have been providing detailed and quality market research on this sector for more than 20 years, making us world-class experts on the topic.

Latest Robotics Research

Mobile Robots – 2018
Autonomous mobile robots in factory
An analysis of the opportunity for AGVs and AMRs in manufacturing and logistics material handling applications ... Read More

Latest Insights

Mobile Robots in Logistics Centers Forecast to Surpass $3bn in 2022
Mobile Robots in Logistics Centers Forecast to Surpass $3bn in 2022
Despite the market being worth just $300m in 2017, automated guided vehicles (AGVs) and autonomous mobile robots (AMRs) used in ... Read More
Mobile Robots – 2018
Autonomous mobile robots in factory
An analysis of the opportunity for AGVs and AMRs in manufacturing and logistics material handling applications ... Read More
Investment in Warehousing Automation Continues with Fetch Robotics
Investment in Warehousing Automation Continues with Fetch Robotics
This week, mobile robot supplier Fetch Robotics announced it had closed its Series B funding round of $25 million, led ... Read More
Softbank to Acquire Robotics Division from Alphabet: our take
softbank to acquire robotics division
The details Late last week it was announced, without much ceremony, that Softbank Group would be acquiring Boston Dynamics and ... Read More