Market Trends of Asia-Pacific Industrial Robots Industry
Adoption of Industrial Robots in Automotive Industry Is Expected to Fuel The Market
- Over the few decades, the automotive industry has been using robots as a part of their assembly lines for various manufacturing processes. With the advancing technologies, the applications and adoption of industrial robots have increased over time.
- Some of the applications of industrial robots in the automotive industry include robot vision, assembly, spot and arc welding, painting, sealing, and coating, part transfer, internal logistics, materials removal, polishing robots, machine tending, and quality inspection.
- Robots are more accurate, efficient, dependable, and flexible for production lines. Applications of industrial robots in the automotive industry enable it to remain one of the largest users of robots and one of the most automated supply chains globally. With thousands of parts and wires in every vehicle, it takes a complex manufacturing process to get the components to where they should be added.
- Robots also significantly produced fuel systems, engines, electronics, lights, mirrors, vehicle body parts, and more. Automobile robots are becoming quicker, smarter, and more productive, which has the advantages of lowering labor costs, achieving new throughput targets, and raising quality.
- Internal logistics applications for industrial robots are widely used in the automotive industry. In a manufacturing environment, raw materials and other components can be moved from storage locations to the factory floor using autonomous mobile robots (AMRs) and other automated vehicles, such as forklifts.
- Further, one of the largest robotic application users is the automotive sector's manufacturing and assembly of parts. Assembly lines have become more productive since a decade ago, thanks to advances in the accessibility of programming and deploying robot workforces. Because of this technology, the automotive sector continues to have one of the most automated supply chains and one of the highest robot usage rates in the world. The growing demand for automotive in the market is expected to further increase the need for industrial robots in the automotive industry.
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Industrial Robots In India Is Expected To Grow At A Rapid Rate
- Indian industry is rapidly moving towards automation for growing production volume, accuracy, and safety. To build up industrial automation for increasing the product supply and domestic manufacturing.
- Due to the modernization and digitalization of production areas to combat the pandemic, the country aimed to expand its range of industrial robots from conventional payload handling robots to new collaborative robots to integrate completely into workplaces in the next few years.
- India's manufacturing sector is embracing automation and new-age technologies to integrate with Industry 4.0. In the region, numerous manufacturers are shifting focus toward robotic automation to enhance productivity and output quality. This will enable workers to concentrate on higher-skilled tasks while preventing injuries during production.
- Moreover, many companies are shifting production units from China to other nations, such as India, owing to lower labor costs and infrastructure improvements. Such trends are also expected to contribute towards the growth of Industrial Robots in the market in the country.
- Moreover, as per the International Federation of Robotics (IFR), sales of industrial robots in India reached a new record of 4,945 units installed. This is an increase of 54 percent compared to the previous year (2020: 3,215 units). In terms of annual installations, India now ranks in tenth position worldwide.
- In May 2023, as per the International Federation of Robotics (IFR), the Indian government supports growth in the industrial sector as a vital figure affecting the Gross Domestic Product (GDP). The countrys GDP of about USD 3 trillion ranks fifth, head-to-head with the UK and France - behind Germany, Japan, China, and the USA. Such trends are expected to further drive the Industrial Robots market in the region.
- Further, the growing urbanization rate and changing lifestyle of the population across various countries is among the major factor driving the demand for household robots in the region. For instance, according to the Population Reference Bureau, the urban populations of both China and India are anticipated to grow by more than 340 million by 2030. Even a small country such as Laos is anticipated to add about 3.2 million to its urban population while it moves to only 43% urbanized in 2030.
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