Market outlook for the global assembly line robots market
Technavios research analyst predicts the global assembly line robots market to grow steadily at a CAGR of 7% during the forecast period. The need for flexibility in plant operations is one of the primary drivers of the market. As most industries now serve their customers 24/7, employees are required to work round the clock. The adoption of robots has reduced the employee workload drastically. Monotonous jobs such as assembling are now carried out by robots in the production line with high productivity and consistent quality. With the use of robots, employees can focus more on supervising and decision-making roles. The use of collaborative robots has helped the automotive industry to a great extent. For example, BMW introduced collaborative robots in its human production lines in September 2013.
The small and medium enterprises (SMEs) that include contract manufacturers of auto components and machine tools are reluctant in making heavy investments on robots, but this trend is witnessing a change owing to the challenges they face in handling manual labor. This has led them to increasingly adopt collaborative robots that are easy and safe to operate on the assembly lines. For instance, Rethink robots offer robotics solutions for small industries starting at $25,000.
Browse Complete Summary Click Here @ http://www.radiantinsights.com/research/global-assembly-line-robots-market-2016-2020
End-user segmentation and analysis of the global assembly line robots market
Automotive
Non-automotive
The automotive segment accounted for nearly half of the assembly line robots market demand owing to their increased application in assembling heavy components like chassis, powertrain, and so on. All major companies such as BMW, Ford, and GM have adopted assembly line robots in their production lines to enhance and improve their production efficiency and to maintain consistent quality of their finished products....