Market Insight: Integrating Robotics For Efficiency And Precision In Smart Factories

Access this research

Access all Operational Excellence content with a strategic subscription or buy this single report

Buy Subscription

Need help or have a question about this report? Contact us for assistance

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 factories
Industrial 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 applications

About the authors

Henry Kirkman

Industry Analyst
Henry is an Industry Analyst in the Verdantix Industrial Transformation practice. His current research agenda focuses on connected worker solutions, technologies for industrial asset maintenance, and the industrial applications of AI, including generative AI and computer vision. Prior to joining Verdantix, Henry completed a Masters degree in Civil Engineering at the University of Exeter.

Malavika Tohani

Research Director, Industrial Transformation
Malavika leads the Verdantix Industrial Transformation practice. The team’s current research focusses on digital technologies and services that enable industrial operations become safer, efficient and sustainable such as asset maintenance and performance, industrial AI and data management, connected workforce and field service management, process safety and industrial engineering, design and construction. Malavika has over 20 years’ experience in research and strategy consulting. Malavika previously worked at Frost & Sullivan, managing and delivering advisory projects for clients involving expansion, acquisition, benchmarking and product development strategies. Malavika holds a MSc in Economics from Madras School of Economics.

Related Reports

Not a Verdantix client yet?

Register with Verdantix for authoritative data, analysis and advice to allow your business to succeed.