ROBOTICS AND AUTOMATION: HOW MANUFACTURING WOULD LOOK IN THE NEXT DECADE?
Robotic Automation has made its way into many different fields of manufacturing. Robots perform tasks including welding, assembling, packaging, handling raw materials, and package packing. Robotic automation is being used by an increasing number of manufacturers for a wider range of applications.
Late adopters, who stand to benefit greatly from automation, are seeking answers to the following questions: Are robots too costly for our company? Is our company too small to profit from robotics? Is it difficult to programme and control robots? Would humans lose their jobs as a result of robotics? The short answer is no.
Major Highlights of the Market
- The robotics industry's main trend, especially for machines used in manufacturing and inspection, is that demand is increasing. In 2019, the demand grew significantly, with orders for new robots pouring in throughout the year, resulting in $1.3 billion in orders in only the third quarter.
- As the underlying technology advances, the market for fast, accurate, and dependable robotic automation is likely to rise even further. Manufacturing and inspection processes are still looking for ways to change, which means there's a lot of room for expansion and development. So much so that industry experts expect that by 2024, robotics will be worth more than $40 billion globally.
- The Japanese robotics maker FANUC has been operating a “lights-out” factory since 2001, where robots build other robots completely unsupervised for nearly a month at a time.
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AN INCREASE IN THE USE OF ARTIFICIAL INTELLIGENCE IN ROBOTICS
Artificial Intelligence (AI) is a pivotal advancement for almost every industry right now, but it holds special promise for robotics and automation. Though AI researchers still have a lot of questions and problems to solve, AI is being used in limited ways to provide insights into automated manufacturing processes using sophisticated machine learning. This combination of artificial intelligence and advanced robotic systems can help companies find key areas for improvement.
Whatever the future holds for manufacturing and inspection robotics, Pukka Partners can be counted on to deliver outstanding results.
Conclusion: “Now or Never” is what we say about Automation and Robotics in Manufacturing Industry
In many sectors, industrial robots have played an important role in manufacturing. It all began in the automobile industry. From welding to press tending, assembly, painting, cutting, and material handling, industrial robotics increased productivity in every field, as evidenced by the industry's short production period. Robots perform complex and elaborate application for the computer industry, they are known to perform with precision and speed in the assembly process.
Manufacturers are increasingly turning to robotic automation to cut costs, improve efficiency, and stay competitive. Return on investment can equal growth, which not only boosts profits but also creates employment and saves money for customers.
It appears that a robot revolution will occur in the coming years. It does not imply work extinction, but rather a change in the employment environment. It will almost certainly result in the emergence of new talents, markets, and competition. A potential human-robot partnership that will form many sectors and change the global economy. We must embrace and adapt to the imminent transition that robots will bring to our work as they become more intelligent and flexible.
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