LONDON–(BUSINESS WIRE)–Technavio’s latest market research report on the global robotic injection molding machine market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.
One of the key factors resulting in the growth of the global robotic injection molding machine market is the technological innovations in injection molding robots. Injection molding robots provide the end-users with various advantageous features such as their high reach, both horizontally and vertically, along with their high degree of flexibility, and time-efficiency. Vendors are increasingly working on features that ensure that the robot can be disconnected speedily for fast end-of-arm tooling (EOAT) changeovers.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
The three emerging market trends driving the global robotic injection molding machine market according to Technavio research analysts are:
- Co-bots for injection molding applications
- Increased adoption of robotics by SMEs
- Innovations to ease integration of robots
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Co-bots for injection molding applications
Co-bots are increasingly being adopted to work collaboratively with humans. They use specialized sensors and robot controllers for operations and are implemented when ease of programming along with a reduction in safety costs are desired. As safety standards in industries are enhanced, vendors will increase their investment in improving sensing technologies specifically for collaborative robots. Over the years, there has been an increase in the adoption of collaborative robots for injection molding.
According to Raghav Bharadwaj Shivaswamy, a lead analyst at Technavio for robotics, “Tennplasco, a plastic injection molding company that supplies parts to the automotive industry, deployed Sawyer co-bots by Rethink Robotics to address the issue of labor shortage. The forecast period will see an increase in adoption of collaborative robots for repetitive processes such as loading or unloading an injection molding machine that has traditionally been handled by human personnel.”
Increased adoption of robotics by SMEs
There is a trend of outsourcing most manufacturing operations to emerging economies such as Mexico and India that have low labor costs. Therefore, small and medium enterprises (SMEs) in developed countries are increasingly automating their manufacturing plants and adopting robots to stay competitive. Vendors such as Comau, have designed the Racer 3 co-bot targeted particularly at SMEs. These robots are primarily being adopted by the rubber, plastics and chemicals, metal processing, food and beverage, and electronic industries.
“The SMErobotics initiative started in 2012 and concluded in mid-2016. It concentrated on the development of cognitive skills in co-bots to assist them to learn new skills while interacting with human co-workers without any programming and downtime. These developments have influenced the adoption of co-bots by SMEs over the years and are expected to have a significant impact during the forecast period as well,” says Raghav.
Innovations to ease integration of robots
Vendors ensure that the necessary development and simulation software for programming robots are up-to-date and include features that make programming hassle-free. To ensure greater flexibility and convenience in the programming of robots, vendors allow other original equipment manufacturers (OEMs) and system integrators to use their own proprietary software to program robot controllers.
For instance, Yaskawa Motoman uses the software from Rockwell Automation and KUKA robots that permit motion commands from different automation controllers. While Yaskawa Motoman offers Advanced PP Customization SDK (software development kit), KUKA offers HMI and KUKA Control and Observe, and FANUC offers Controller R-30iB.
Browse Related Reports:
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at [email protected].
Latest posts by Maria Burns (see all)
- Servcorp Limited Announces FY2018 Interim Results - February 25, 2018
- Sicuro Group Granted ISO 27001 Accreditation in Dubai - February 25, 2018
- TIM and Cisco Join Forces To Increase The IT Security Of Italian Companies - February 25, 2018