This report provides Transforma Insights’ view on the Precision Specialist Robots market. Globally, the deployment of Precision Specialist Robots is being driven across various industries by increasing blue-collar wages, ageing working populations, and the falling costs of robots. Additionally, the availability of 5G and private networks is encouraging the use of robots to perform complex and time-critical tasks such as remote surgery. It is also used in the healthcare industry to support healthcare professionals in multiple use cases including minimally invasive surgery.
The Additive Manufacturing market is also growing, due to the ability to enable rapid prototyping, faster time to market, reduced material wastage, and on-demand production of customisable offerings. Some countries are promoting the use of additive manufacturing to decrease the dependency on imported parts and components, bringing greater efficiency to the supply chain.
The report provides a detailed definition of the sector, analysis of market development and profiles of the key vendors in the space. It also provides a summary of the current status of adoption and Transforma Insights’ ten-year forecasts for the market. The forecasts include analysis of the number of IoT connections by geography, the technologies used and revenue.
A full set of forecast data, including country-level forecasts, sector breakdowns and public/private network splits, is available through the IoT Forecast tool.
This section begins with the reasons driving the adoption of Precision Specialist Robots and Additive Manufacturing. It then describes the benefits of Precision Specialist Robots (like speeding up the production process by automating routine tasks) and of Additive Manufacturing (such as achieving lower material costs).
This section discusses how industrial robots have significantly impacted economic growth by supporting manufacturers to achieve economies of scale.
This section charts the factors that lead to the rise in the number of industrial robots (such as increased aged workforce across various geographies). It also includes how the workforce will look across various countries (like China) in the upcoming time.
This section talks about the major challenges (like the high integration cost of robotic technologies) that may hamper the adoption of industrial robots.
This section talks about the crucial roles robots are playing in the healthcare industry (like performing complex operations by accessing hard-to-reach areas of a human body using magnified cameras and robots). It also points out the challenges behind their mass adoption (like their high costs).
This section discusses the correlation between the usage of industrial robots and manufacturing sectors, with a focus on some geographical locations (such as the USA).
This section defines collaborative robots or cobots and discusses their roles in workstations. It also talks about how the manufacturing sector is leveraging these cobots to deal with various challenges (like rising labour shortages).
It charts some of the initiatives undertaken by various countries towards the promotion of manufacturing of robots or the usage of robots across different industries. For instance, the European Commission has decided to fund and support robotics-related research with a focus on the manufacturing and construction sectors.
This section talks about the preferred communication technology in industrial robots, how that scenario is changing (like how 5G technology is beginning to be used for data-intensive tasks requiring greater speeds and high bandwidth with low latency communication), and the future prospects.
It also mentions some relevant IoT deployments in this application, like Grupo Antolin driving 1 million screws per month for Audi door panels using robots, to produce 1800 panels per day.
This section defines Additive Manufacturing (AM), the major reasons behind their increasing adoption (like allowing organisations to develop on-demand customisable products), and how they can be beneficial to companies (like supporting companies in producing lighter and cheaper parts). It also discusses how AM is better than traditional manufacturing (like a single 3D printing system producing multiple products without any retooling).
This section talks about how various governments (like the Indian government) are also supporting the use of Additive Manufacturing to accelerate digital manufacturing to achieve better productivity gains through efficient manufacturing.
This section discusses why the construction and aerospace industries are proving to be the early adopters of Additive Manufacturing. For instance, Additive Manufacturing can build cost-efficient homes in a shorter time span (thereby proving to be a boon for the construction industry). Similarly, Additive Manufacturing enables the production of lighter parts, which support the aerospace industry in fuel savings. Therefore, it is being adopted by the aerospace industry as well.
This section also mentions some relevant IoT deployments in this application, such as Daimler Buses installing a cleaning, finishing, and colouring 3D printing system from DyeMansion, to transform its supply chain by producing spare parts on demand for its buses.
The key vendors section lists some of the main providers of products and services related to the precision specialist robots and additive manufacturing connected devices market, such as ABB, Bosch, carbon, Denso, Fanuc, Honeywell, Kuka, Mitsubishi, Nachi Fujikoshi, Rockwell Automation, Stratasys, and Universal Robots. The report provides profiles of the various vendors including aspects most relevant to this Application Group, such as product offerings, pricing, financial results, and technology.
In the market forecasts section, we provide a summary of the forecasts from the Transforma Insights IoT Forecast Database:
The report charts the growth in the number of precision specialist robots and additive manufacturing connected devices, which will grow from 10.4 million units in 2020 to 38.7 million units in 2030.
Transforma Insights forecasts are compiled on a country-by-country basis. This report includes a regional summary, showing splits between Australasia, Greater China, North America, Europe, Japan, Latin America, MENA, Russia & Central Asia, South East Asia, South Korea, India & South Asia, and Sub-Saharan Africa.
Transforma Insights’ IoT forecasts include splits between the various connectivity technologies as follows: 2G, 3G, 4G, 5G mMTC, 5G non-mMTC, LPWA (non-mMTC), Satellite, Short Range, and Other.
This section discusses which technologies will be used in the precision specialist robots application group.
This part of the report discusses the market growth in terms of revenue (module revenue, service wrap revenue, and VAC revenue). Transforma Insights estimates that the revenue in the Precision Specialist Robots Application Group will grow at a CAGR of 17%.
