The impact of COVID-19 cannot be declined. The situation is getting worse and over the time period, nobody knows the end. The industrial sectors are suffering. How about industrial robots?
The financial crisis and the recessions cannot be denied. South Korea, the hub of the Asian industrial robot market, is also the sufferer. The problems identified are related to the market. Whether the market will grow substantially or not. Will COVID-19 impact the industrial robot market?
The business performance of the market. Whether the performance has worsened or not. The much-needed robot sectors after COVID-19. Is it problematic or not? The robotic world is advancing. The promising sectors are available in South Korea.
In my opinion, the South Korean CEOs are optimistic about the growth. However, this is the current market scenario. The business performance has worsened. The target market is the logistic area.
The survey shows the need for industrial robots in such a sector. It is interesting to note the drones or disease control robots are not in demand. The health sector shows a demand for nursing. And in a particular sector or area.