Industrial Robots are Outpacing Forecasts for Global Growth

Due to the demands for flexibility to fulfill e-commerce orders, packaging is the second largest market for robots behind auto manufacturing, according to a new study from PMMI Business Intelligence.

Industrial Robots are Outpacing Forecasts for Global Growth
Industrial Robots are Outpacing Forecasts for Global Growth

The robotics market is poised for a significant transformation in the near future, growing into new industries and new applications that were once unassailable with robot technology, according to the new study, “2019 Robotics: Innovation 2 Implementation,” a 62-page report just released from PMMI. 2018 represented a major step in expanding the use of general robotics. For the first time, industries like food, consumer packaged goods, and life sciences are expanding robotics applications across their entire production lines in significant numbers.

“Robots are easier to use, with improved sensory functions for autonomous motion and unified control; the costs have declined and in the next ten years the industry is likely to double,” says one Senior General Manager for a robot manufacturer.

“A lack of qualified and available labor in the workforce and the need to increase throughput are the key trends driving the expansion of robotics” says Paula Feldman, PMMI Director of Business Intelligence.

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