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Industrial robots have increased competition and market speed with their powerful output and relentless work ethics, even in repetitive tasks. The sole reason was to support the shortage of skills in aging countries, but its strong enhancement in boosting production led to high demand in every sector of the industry.

Industrial robots are not just for large companies but have found their place even in smaller companies to replace repetitive tasks in the automation market.

The top 5 reasons why you should go for an industrial robot are:

1. Manufacturers can make use of industrial robots by making them work non-stop for 24 hours, unattended, and every single day without any breaks. The robots can be used to boost productivity and efficiency by programming them to work precisely and reliably to finish the task as quickly as possible.
2. Manufacturers use the flexibility of industrial robots to easily retool, redeploy, and reposition robots for new productions or applications in high-mix or low-volume production environments.
3. Product consistency and overall quality can be improved with programmable robots that execute specific tasks over and over again without much change.
4. The manufacturing cost of industrial robots can be reduced by 20% to 60% by increasing their total productivity, and operating costs can be reduced with valuable humans assigned to a task with strategic thinking capabilities.
5. Higher customer satisfaction was achieved due to product consistency and controlling the variability of the product. Due to the high rate of satisfaction, the rate of purchasing products also increased at a faster rate.

The top 5 downsides of industrial robots are:

1. Employees are dissatisfied as less skilled workers are replaced by robots. For some laborers, it may be their only source of income, but with replacement, employment decreases.
2. economic problems or downfall for a class of people due to the demand for industrial robots.
3. The lack of improvisation with industrial robots is due to the assignment of only one task. They can perform what they have been taught, but using the same robot for another task is not possible.
4. Well, robots are not multitasked like humans, and neither do they have powerful brains that can work in strategic functional areas.
5. Industrial robots are not cheaper; they are expensive and need maintenance costs too.

Source: Futurelearn, wevolver