increase in demand for cobots is driving the Robotics System Integration Market
Technavio analyzes that the Robotics System Integration Market is expected to grow at a CAGR of 9.59% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 4951.9 million.There are various factors that contribute to the growth of the market. The robotics system integration market is experiencing significant growth due in part to the increasing demand for collaborative robots, or cobots. These robots, designed to work alongside human workers, offer increased efficiency, flexibility, and safety in various industries. As manufacturing sectors adopt Industry 4.0 and automation becomes more prevalent, the need for seamless robotics system integration becomes crucial. This trend is driving market expansion, with companies investing in advanced technologies and solutions to meet the growing demand for cobots.
In the material handling sector, the integration of robotic systems is witnessing significant growth due to the increased adoption of robotics for enhancing production efficiency and addressing the skilled labor shortage, particularly in countries like China. Major robotic manufacturers are forming strategic partnerships with local vendors to expand their market reach and provide comprehensive services to end-users. Robotic system integrators play a crucial role in assisting industries such as automotive, chemicals, electrical and electronics, industrial machinery, and food and beverage in automating material handling tasks. Through hardware and software optimization, these integrators ensure a cohesive and efficient robotic system infrastructure that caters to the unique requirements of each client.
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Robotics System Integration Market Segmentation
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The robotic system integration market encompasses the process of combining industrial robots, collaborative robots, and units from various robotic industry manufacturers. This involves programming, configuration, optimization, and infrastructure integration of hardware and software for automating tasks in manufacturing units across industries such as automotive, electronics, aerospace and defense, and material handling applications. Robotics system integrators like Mesh Engineering play a crucial role in ensuring a cohesive robotic system, next-generation robots, and collaborative robots work seamlessly to enhance efficiency and productivity in industrial automation.
In the dynamic landscape of the global industrial sector, the market for robotics system integration, encompassing programming and deployment of collaborative and industrial robots, is experiencing significant growth. This submarket falls under the broader context of the industrial machinery, supplies, and component market, which includes companies manufacturing machinery and components for industries such as presses, machine tools, compressors, and others. According to Technavio, the market size is determined by the combined revenue generated by these entities. Key drivers fueling this expansion include the increasing demand for energy, chemicals and petrochemicals, pulp and paper products, processed food and beverages, and the subsequent capacity additions in process and discrete industries. The integration of next-generation robots into industrial operations is a crucial element of this growth trajectory.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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