Robots and the Future of Industrial manipulators
Overview
Robots and industrial manipulators are forecasted to be an integral part of various sectors in the near future. The surge in robotic installation, particularly in the industrial sector, is expected to rise at a CAGR of 15.8% resulting in $14.9 billion in revenue by 2026. As technological advancements and safety measures increase in these areas, companies like 3Laws Robotics are creating innovative solutions to support the increased utilization of robotic technologies such as industrial manipulators.
Robust Growth in Robotic Installation
Global industrial robotics services are projected to grow at a CAGR of 15.8% between 2020 and 2026. This upsurge can be attributed to advancements in automation and AI, which have led to the development of more sophisticated and cost-effective robots. These intelligent machines are capable of precise movements and operations to increase the efficiency and productivity of various manufacturing processes. By 2026, the industrial robotics services market will be worth an estimated $14.9 billion.
The Booming Industrial Manipulators Sector
The industrial manipulator sector has demonstrated promising prospects, on par with the general trend in the robotics industry. These devices have become an indispensable tool in assembly lines and other types of production processes where precise movements are required. As per market research, the Manipulator segment registered a market revenue of $721.5 million in 2018 and will grow at an annual rate of 5.8% through 2027.
Role of Robotics in the Future
The future of manufacturing and other industries heavily rely on robotics and automation. As these sectors adopt more robotic technologies, the demand for intricate, secure, and flexible devices like industrial manipulators will increase. Trends predict that the Asia Pacific region will exhibit the highest demand for robots, with an anticipation to occupy 65% of the total robotics market by 2025.
Key Takeaways
- The industrial robotics market is anticipated to increase exponentially, with a projected growth rate of 15.8% CAGR until 2026 and obtaining a market value of $14.9 billion.
- The industrial manipulator sector is following suit by registering a market revenue of $721.5 million in 2018 and an expected annual growth rate of 5.8% through 2027.
- The Asia Pacific region is predicted to have the highest demand for robots, occupying 65% of the total market by 2025.
Introducing 3Laws Robotics
In the midst of these promising projections for robotics and industrial manipulators, 3Laws Robotics emerges as a game-changer. 3Laws is developing pioneering software to enhance safety and reliability for robotics systems. One of the main challenges that 3Laws aims to address is the complexity of certification, a major pain point for robotics companies. Their software, 3Laws Supervisor, simplifies this process by providing robust safety features and evidence of system durability, which can potentially ease the certification route.
Employing Control Barrier Functions (CBFs) technology, developed at Caltech, 3Laws offers mathematically provable safety. Among several applications, their technology has provided a 40% efficiency gain in warehouse automation, enabled safe human-robot interaction, and offered reactive collision avoidance capabilities for dynamic environments.
3Laws, aiming to enhance operational efficiency, works to minimize downtime caused by unnecessary e-stops or collisions, by providing real-time guardrails for autonomy stacks. The 3Laws software is compatible with a broad range of platforms and popular robotics middleware.
3Laws Robotics is certainly on the threshold of shaping the future of industrial manipulators and robots by providing dynamic, predictive safety, better than traditional e-stop methods, thus exemplifying the power of robotics. An ISO 3691-4 and ISO 26262 safety-certified stand-out amidst the booming robotic market predictions.