The global warehouse robotics market is fragmented and highly competitive due to the presence of many market players, elucidates an upcoming Transparency Market Research (TMR) report.
The need for increasing manufacturing quality and speed and reduce production costs has resulted in the development of a new range of machines called industrial robots.
Setting a new record for the 8th year in a row, the International Federation of Robotics (IFR) anounced on April 3rd that almost 38,000 robots were sold in 2018. According to the IFR, US robot density is now more than twice China's record. The United States is ranked seventh in the world behind South Korea, Singapore, Germany, Japan, Sweden, and Denmark.
Industrial automation is already streamlining the manufacturing process, but first those machines must be painstakingly trained by skilled engineers. Industrial robotics giantFanucwants to make robots easier to train, therefore making automation more accessible to a wider range of industries, including pharmaceuticals.