The term definitely suggests that the installation of industrial robots is meant for mitigating the purpose and increase the production of the new products. Technology is definitely a way to curb society positively.
The three segments identified for installing industrial robots are: –
The survey was conducted in 2018 across the world, the three prominent sectors show the need. Somehow, metal sectors are also attracting industrial robots and show that it is creating a market of itself. The automotive industry is definitely the most attractive market for industrial robots. More than 125 thousand units are installed. It indicates a clear demand among the industry and its dependency.
However, the markets are interlinked. The dependency in one industry shows a general demand being created in other markets linked to the hosting sector. Even though the electrical/electronic industry or metal industry got their independent share of market and consumers to be appeased. But you cannot deny that in the modern age, the two respective industries play an important role in satisfying the modern age futuristic demands of cars.
So, as the demand increases, does the quality of work. Hence, one industry being satisfied with industrial robots’ installation creates a buzz and curiosity to use modern age technology and be up to date.