Industry Background:
Robot Controllers offers a superior motion control and an enable quick integration of additional hardware. It has several features such as accuracy, speed, cycle-time, programmability and synchronization with external devices, flexible RAPID language, and powerful communication capabilities. Robot Controllers market is expected to mark significant growth over forecasted period owing to increasing consumers spending on industrial activities and technological advancement. There has been significant rise in number of industrial robots for manufacturing with figure stood up to 100,000 and above in China alone in 2017, so the future for Robot Controllers looks promising. The major companies are adding more proven technologies systematically and strategically in Asia-Pacific countries as these countries are focused on fastest-growing verticals in the commercial and automation sector.This growth is primarily driven by Increase in Urbanization and Industrialization Boost the Robot Controllers Market. and Rise in Demand of Robot Controllers in Industrial Application Such as Material Handling and Machine Tending..
Globally, a noticeable market trend is evident Usage of Internet boost the robot controllers market
. The Robotics & Automation sector in the Europe region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Fanuc (Japan), ABB Robotics (Switzerland), Yasukawa (Japan), KUKA Roboter (Germany), EPSON Factory Automation (United States), Stäubli Robotics (Switzerland), OTC (United States), NACHI-FUJIKOSHI (Japan), Kawasaki Robotics (United States), COMAU (Italy), Durr (Germany) and Hyundai (South Korea) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In March 2019, OnRobot acquired one of the prominent manufacturers of robot controllers 'Purple Robotics'. This acquisition is beneficial in providing another product mix such as electric pump integrated in the gripper and wide assortment of robot equipment, including electric grippers, force-moment sensors, gecko grippers and tactile sensors.
In June 2018, ABB launched a new digital robot controller known as “Omnicore” which is beneficial in providing new era of “digital robot control” to increase flexibility, reliability and performance. It also offers broadest motion control options and tailored solutions.
Regulatory Insights:
“According to National Institute for Occupational Safety and Health (NIOSH), its provide a blog on robot and worker safety,where its includes workplace safety standards for maintenance, operation and interaction with human workers.”
Market Drivers
- Increase in Urbanization and Industrialization Boost the Robot Controllers Market.
- Rise in Demand of Robot Controllers in Industrial Application Such as Material Handling and Machine Tending.
Market Trend
- Usage of Internet boost the robot controllers market
- Collaboration and Tie Up Of Leading Players
Restraints
- Growing Labor Cost Hampers the Robot Controllers Market.
- High Inflation Leads to Fluctuate The Robot Controllers Market.
Opportunities
Proliferation of Packaging, Foundry and Forging Leads to Grow the Robot Controllers Market. and Upsurge Demand of Robot Controllers in Developing Countries.
Challenges
Limitation Due to Government Rules and Regulations Anticipated to Challenge the Market. and Lack of Skilled Professional for Installations.
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Robot Controllers Study Sheds Light on
The Robot Controllers Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Robot Controllers industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Robot Controllers industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.