Market Insight: Integrating Robotics For Efficiency And Precision In Smart Factories
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Executive Summary
Industrial robotics have significantly evolved since their inception in the 1950s and 1960s. Initially pioneered by George Devol and Joseph Engelberger, today's robots are crucial for enhancing productivity, efficiency and quality control in smart factories by performing repetitive and hazardous tasks with high precision. This report explores various types of industrial robots – such as articulated, cartesian, cylindrical, delta, polar and SCARA – and their main use cases in smart factories. Additionally, it examines key trends for 2024, including robotics-as-a-service (RaaS), AI and machine learning integration, and modular robotics. Understanding these developments helps executives in manufacturing, technology and operations roles to leverage robotics to navigate the complexities of modern industrial environments and remain competitive in an evolving market.
Table of contents
Leveraging robotics for smart factoriesIndustrial robots can be classified according to their mechanical structures
Industrial robots' versatility promotes comprehensive operational efficiency
Major trends shaping the future of industrial robotics
Table of figures
Figure 1. Key industrial robotics applicationsOrganisations mentioned
ABB, Apple, AUBO, Boston Dynamics, CNC Robotics, Collaborative Robotics, Deus Robotics, Epson, FANUC, Fidelity Investments, Formic, F-Prime Capital, General Motors, GlobalFoundries, GreyOrange, International Organization for Standardization (ISO), KUKA, Mobile Industrial Robots, OnRobot, OTTO Motors, Rapid Robotics, Remtec Automation, RobCo, Robotiq, Rockwell Automation, Simbe Robotics, SMP Robotics, SUS Corporation, Unimation, Universal Robots, Waygate Technologies, WMH Robotics, Yaskawa, YOKOYAMA KOGYOAbout the authors
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