The usage of robotics in industrial settings has been on the rise due to their potential to increase efficiency and productivity

The Industrial Robotics Growth Opportunities report, added to the offering from ResearchAndMarkets.com, providing insights into the robotics market’s revenue, growth drivers, restraints, and trends.

AI, Machine Learning, and Sustainability Driving Growth

The Covid-19 pandemic accelerated the adoption of automated operations in industries due to labour shortages resulting from lockdowns. However, the high implementation costs of robots mean that large organisations tend to invest more than SMEs in using and integrating robots into their operations. The report highlights the challenges faced by operators, such as interoperability and cybersecurity vulnerabilities, as they strive to incorporate evolving technologies.

One trend that is likely to gain traction is the incorporation of AI and machine learning in robots to aid decision-making. The report includes country-level data on new installations and growth and highlights how robots contribute to a reduced carbon footprint, making them an imperative tool for driving sustainability efforts.

The report details revenue generated in the robotics market, with a forecast from 2022 until 2026, and includes revenue share for all major robot types and by region. The competitive landscape of the industry, including prominent industry participants and product upgrades, is also discussed.

The report presents growth opportunities for organisations seeking to improve their product portfolio and invest in robotics for manufacturing operations. It identifies emerging trends such as AI-based robotics, the emergence of RaaS, advancements in gripper technology, and collaborative robots promoting efficiency and innovation.

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. The report offers the latest data on international and regional markets, key industries, the top companies, new products, and the latest trends. With this report, organisations can make informed decisions about investing in robotics and gaining a competitive edge in their industry.