Robotics and Automation
Successful companies readily acknowledge one key factor contributing to their achievements – hardworking, committed and skilled employees who are the foundation of the companies.
However, manufacturers today face the primary challenge of filling open positions with skilled workers, which in turn affects overall productivity and growth. (Full Article)
While making the most of machine learning to become more self-sufficient, the industrial robots of tomorrow will also brush up on their interpersonal skills so they can work more closely with their human colleagues.
The global industrial robotics market share is booming, now accounting for more than 50 percent of the total robot market according to the International Federation of Robotics. It forecasts that in 2020 the global annual sales volume of industrial robots will increase to $23.18 billion, up from to $16.82 billion in 2017. (Full Article)
Marla Keene, AX Controls
The use of robotics in manufacturing and industrial settings continues to advance, expand, and evolve at a rapid pace. According to one McKinsey study, the market for industrial robotics has increased by double digits each year since 2012, and will continue this growth at least through 2021. Main drivers include a desire to improve quality and increase productivity while decreasing costs, as well as to increase safety for employees while responding to a lack of available skilled workers. The decreasing prices and improving capabilities of industrial robots have a positive effect, too. Here are some trends to watch in 2020 and beyond. (Full Article)