Automation and Robotics Market in Industrial, Enterprise, Military, and Consumer Segments

Highlights taken from two reports, focusing on Automation and Robotics the Market in Industrial, Enterprise, Military by Type, Components, Hardware, Software, and Services. It forecasts relate to robotics by robot type, solutions and connectivity for 2021 to 2026, including Controllers, Robotic Arms, End Effectors, Drive Systems, Sensors, Power Supply, Motors, Grippers, Transducers, Hydraulic Cylinders, Wheels, Linear Actuators, Processors, and ICs. Also, the market outlook for cloud services support of cloud robotics including Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS), and Robotics as a Service (RaaS). Forecasting for cloud robotics by robot type and deployment.

With the substantial amount of capital behind global industrial automation, the industrial robotics sector will continue a healthy growth trajectory, which is supported by many qualitative and quantitative benefits including cost reduction, improved quality, increased production, and improved workplace health and safety.

In the wake of COVID-19, and with the now democrat-controlled executive and legislative branches pushing for minimum wage increase, we see a major push for further automation and robotics. This is because many businesses see repetitive tasks as performed with great safety, less expense, and reduced probability for service disruption with robotics rather than reliance upon human workers.

Robotics are increasingly used to improve enterprise, industrial, and military automation. In addition, robots are finding their way into more consumer use cases as the general public’s concerns fade and acceptance grows in terms of benefits versus risks. While many consumer applications continue to be largely lifestyle-oriented, enterprise, industrial, and military organizations utilize both land-based and aerial robots are used for various repetitive, tedious, and/or dangerous tasks. Adoption and usage are anticipated to rapidly increase with improvements to artificial intelligence, robotic form factors, and fitness for use, cloud computing, and related business models, such as robotics as a service.

The global robotics market is broadly segmented into enterprise, industrial, military, and consumer robotics. Major market segments that cross-over industries include healthcare bots, Unmanned Aerial Vehicles, and autonomous vehicles. Enterprise Robotics includes the use of robots for both business-to-business and business-to-consumer services and support. Functions include internal business operations and processes, delivery of goods and services, research, analytics, and other business-specific applications.

The next decade will witness substantial influence of AI upon robotics. The next generation of robotics will include many pre-integrated AI technologies such as machine vision, voice and speech recognition, tactile sensors, and gesture controls. It is anticipated that further improvement in AI and related technologies such as cognitive computing and sensor fusion, will enable consumer robots to take on increasingly more difficult tasks.

The degree to which AI capabilities in robotics optimize operational efficiency and effectiveness will largely depend on the contextual capabilities of connected devices. This means that the relationship of IoT to AI and robotics will be much intertwined. AI helps robots learn and become more effective, but both technologies depend on IoT networks for sharing information among devices and applications.

Longer-term, the report notes that many robotics and automation solutions involving multiple AI types as well as integration across other key areas such as the Internet of Things (IoT) and data analytics. The combination of AI and the IoT has the potential to dramatically accelerate the benefits of robotics for consumer, enterprise, industrial, and government market segments.

Leading industry verticals are beginning to see improved operational efficiency through the intelligent combination of AI and robotics. The long-term prospect for these technologies is that they will become embedded in many different other technologies and provide autonomous decision-making on behalf of humans, both directly, and indirectly through many processes, products and services.

The military robotics market is an important segment from both an R&D perspective (e.g. many robotics innovations are funded by government/military projects) as well as cross-over into business and consumer markets such as the public safety arena. Robotics in business will accelerate as less expensive hardware and improvements in AI lead to improved cost structures and increased integration with enterprise software systems respectively. The massive amount of data generated by robotics will create opportunities for data analytics and AI-enabled decision support systems. Enterprise users will capitalize upon new and enhanced robotics capabilities to enable new use cases and improved workflow. Many business processes will change as the enterprise becomes savvier about the flexibility of robotics uninhibited by bandwidth constraints.

Cloud robotics is distinguished from the general field of electromechanical automation through its use of teleoperation as well as reliance upon various cloud computing technologies such as computing and storage as well as the emerging cloud-based business models enabling robotics-as-a-service. In addition, cloud robotics will benefit greatly from edge computing technologies, such as Mobile Edge Computing (MEC), as well as the commercial introduction of 5G New Radio (5GNR) technologies based on millimeter-wave (mmWave) frequencies.

The combination of robotics, teleoperation, MEC, and core cloud technologies is poised to transform enterprise operations, industrial processes, and consumer services across many industry verticals. The cloud robotics market will usher into existence a much broader array of robotics services. This is due to several factors including much more flexible services execution, reduced operational friction (such as fewer proprietary interfaces), and improved economics through robotics-as-a-service in a cloud-based application model. Initially, industrial and government clients will see the greatest benefit, followed by the enterprise in certain leading industries.

Thanks to 5GNR wireless support, many cloud robotics applications will be untethered and portable, but not highly mobile due to line of sight (LOS) limitations of mmWave propagation. However, LOS will be adequate for many cloud robotics market applications such as those found in military and industrial solutions. Enterprise and government (federal, state, and local) security will be one of the leading solutions, which will typically be provided on a security-as-a-service basis through managed service robotics companies

*Source: Automation & Robotics Market in Industrial, Enterprise, Military & Consumer Segments by type Components, Hardware, Software, and Services 2021 – 2026 & Cloud Robotics Market by Technology, Robot Type, Hardware, Software, Services, Infrastructure and Cloud Deployment Types, and Industry Verticals 2021 – 2026 from Research & Markets.

Contact us for further information.

wordpress blog stats