It’s no secret that industrial robots are taking over manufacturing. The global robotics market is expected to exceed $40 billion by 2020. Robots are being used to speed up production and increase productivity at lower cost. (Robots can work 24/7 without benefits!) More sophisticated robot arms can now assemble products and even weld.
Some Industrial Robotics Facts:
- China and Japan are the largest robot markets in the world.
- The automotive industry has the largest robotics market size among all the industries.
- Some major players are FANUC (Japan), YASKAWA (Japan), ABB (Switzerland), KUKA (Germany), and Kawasaki (Japan).
See more at Manufacturing News.