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The global industrial robotics market will be worth $24 billion by 2025 according to Boston Consulting Group forecasts, this represents a growth rate of around of 9% per year from today. This growth is driven by the development of new technology and applications, the rapidly falling cost of robotics but also their higher adaptability and flexibility.

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Robotics Will Drive Manufacturing Costs Lower

Worldwide only about 10% of manufacturing tasks are automated with an average of only 66 robots per 10,000 workers, this compares to over 1,500 robots per 10,000 employees in the Japanese automotive industry.

The call for robotics and automation in manufacturing industry is very strong. Modern industry faces rising wage bills, a shortage of skilled labor and the perennial need to cut waste and increase efficiency. With the falling cost of computing power and their increasing ability to adapt to and perform more complicated tasks robots are the the long-term answer to many of headwinds.


Co-Bots - The Entry Point For Many Companies

Collaborative Robots or "Co-Bots" are smaller, lighter, easier to program and cheaper than typical industrial robots. Most importantly they have incorporated safety systems which allow them to work side-by-side with a human co-worker without the need for safety barriers. These properties make robotics a viable alternative even for small companies. Rethink Robotics Baxter and Sawyer Co-Bots (pictured right) have in some cases seen a positive return on investment within 4 months of some SME's installing them.​

Co-bot applications sales to even those manufacturers where robotics have already been a part of the production process for decades such as the Automotive industry.
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Robotics Are A Key Driver of Industry 4.0

The increased use of robotics and automation sales will be fueled by manufacturers drive towards industry 4.0 levels of real time interaction and information sharing between all parts of their factories, their suppliers and their customers.

Robots continue to evolve becoming more autonomous and flexible in their ability to learn

Logistics


According Warehouse logistics is another area in which automation and robotics make a real difference. The boom in online shopping has led to the need for large distribution centers where 100,000's of products can be stored and then assembled in highly customizable packages for delivery.

​Automating the process has been key to making the economics of the distribution system work for many online retailers.

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