Robot automation & Robotics equipment
Robot automation & robotics equipment are easier to calculate the Return on Investment (ROI) than when you are investing in a share or stock market. In fact, we can say that manufacturing is probably losing money if they don’t have robots in their automation process.
By 2019, more than 1.4 million new industrial robots will be installed in factories around the world. The strongest growth drivers for the robotics industry are found in China. So says the 2016 World Robotics Report, as published by the International Federation of Robotics (IFR).
The current global leader in industrial robot automation is South Korea (478 units), followed by Japan (314 units), Germany (292 units), and the USA (164 units). See more Survey: 1.3 million industrial robots to enter service by 2018
Lower levels of robot automation investment among small and medium enterprises (SMEs) may be due to the concerns over the costs, although the falling cost of robotics technology may make automation more accessible to small and medium companies.
In which areas your business has the greatest opportunity for future investment in Industrial Robots & robotics equipment?
Manufacturing parts see an opportunity for automation, many other areas such as assembly, packing, machine loading, and palletisation are also increasing. Therefore, these and others applications are increasing each year. Companies may have the opportunity to invest where there is greater potential to increase productivity.
Why more and more companies are investing in robots? Big enterprises as Google Inc. has been acquiring multiple robotics companies for over two years, but Google is primarily an online adverting company that trades. Others big enterprises as Apple Inc. and Amazon.com Inc. are interesting, but not pure investment plays in robot automation.
Companies would like to have more information from suppliers about how automation will improve their business before their invest in robot automation or any robot equipment, Phoenix would provide you with the most recent information to help you to take this very important decision.
Where does automation have the biggest impact?
Sectors indicating the highest levels of robot automation are heavy industry, medical devices, and building products. Our economy also highlighted differences between UK manufacturing sub-sectors.
What areas will impact investing in robot automation or robotics equipment?
There are numbers of areas that will increase when investing in robot or robotics equipment, some of them are:
- Productivity and quality of the products
- Consistency with minimum or no errors
- Better cycle time of manufactured the products
- The number of health and safety issues
- Increased waste created by the operation of the business
Our economy suggests an increase in automation would not only have a positive impact but would also safeguard manufacturing jobs in the future and it would also benefit in creating new jobs opportunity in other related industries. People’s perception is that increasing automation has a negative effect on the manufacturing workforce.
See more interesting data and graph: Survey from Barclays “Future-proofing UK Markets”