Robotic Automation and the Future of Household Appliances and Electrical and Electronic Goods Merchant Wholesalers
Overview
Robotic automation is radically transforming household appliances and Electrical and Electronic Goods Merchant Wholesalers. As technology advances, many innovative applications are emerging within this industry. This guide discusses the changing face of these industries, referencing essential statistics and key takeaways concerning the future implications of robotic automation.
Introduction
Robotic automation is revolutionising numerous sectors across the world. According to Zion Market Research, the global robotic process automation (RPA) market was valued at about USD 1.58 billion in 2017 and is expected to reach approximately USD 7.10 billion by 2024, growing at a CAGR of around 27.7% between 2018 and 2024. This significant growth is expected to impact the Electrical and Electronic Goods Merchant Wholesalers and household appliances industries significantly.
Robotic Automation in Household Appliances
In the world of household appliances, it's clear that the future is increasingly automated. The global household robots market size was valued at USD 6.8 billion in 2020. It is expected to reach USD 53.6 billion by 2027, representing a compound annual growth rate (CAGR) of 35.3% from 2021 to 2027, according to a Grand View Research report. This boom is due to increased innovation in the design and functionality of residential robotic appliances, which ranges from vacuum cleaners to personal assistants.
Robotic Automation in Electrical and Electronic Goods Merchant Wholesalers
As for Electrical and Electronic Goods Merchant Wholesalers, the introduction of robots into this industry is set to change the landscape dramatically. With the predicted $7.10 billion growth in RPA by 2024, at a growth rate of 27.7%, the traditional manual and exhaustive processes of merchandise wholesalers may soon become a thing of the past. Improved efficiency, reduced error rates, and increased productivity are among the notable benefits of adopting robotic automation.
Key Takeaways
• Robotic automation has a high potential impact on both household appliances and Electrical and Electronic Goods Merchant Wholesalers.
• The global household robots market size, currently valued at USD 6.8 billion, is expected to reach USD 53.6 billion by 2027, with a CAGR of 35.3%.
• The global RPA market is projected to reach approximately USD 7.10 billion by 2024, with a consistent growth rate of 27.7%.
• Robotic automation promises increased efficiency, reduced error rates, and improved productivity for Electrical and Electronic Goods Merchant Wholesalers.
Introducing 3Laws Robotics
3Laws Robotics is dedicated to increasing the safety and reliability of robotics systems, providing innovative software solutions. Its primary focus lies in tackling the significant issue of certification for robotics companies.
3Laws' advanced software, '3Laws Supervisor', provides robust safety features while showcasing system robustness, easing the path to certification. The system, built on Control Barrier Functions (CBFs) technology from Caltech, offers mathematically provable safety.
The software has a range of use cases, including but not limited to warehouse automation, achieving a 40% efficiency gain; human-robot interaction to ensure safe operation; and navigational assistance in dynamic environments.
By reducing unnecessary downtime, 3Laws improves operational efficiency. Its real-time guardrails ensure that robots can operate at peak performance levels while maintaining a high safety standard. The software works with various platforms, including mobile robots, cars, drones, and manipulators, and is compatible with popular robotics middleware like ROS and ROS2. 3Laws offers a proactive approach to safety that can unlock the full potential of robotics with dynamic, predictive safety.