From a mere theoretical concept to a full-fledged working model, robotics has evolved immensely in the past few decades, which has made it prevalent and ubiquitous within the vicinity of multiple manufacturing firms. Even the new survey conducted by International Federation of Robotics (IFR) predicted that by the year 2021, the number of robots to be supplied to the factories annually would reach a whopping amount of 630,000 units. With such a promising future, embracing robotics in various manufacturing departments such as factory settings, shop floor, and supply chain is viable for manufacturers to achieve positive results in the ever-growing and changing market.
Meanwhile, manufacturers who are still facing difficulty in adopting robotics due to financial constraint or limited knowledge about it can leverage Robotics-as-a-Service (RaaS). These service-based robots integrate with a variety of embedded devices, which provide insights into valuable data and can be rented on monthly basis. On the other hand, in the upcoming year, we might witness the rise of mobile or legged robots among the workforce of large factories as these robots are ideal for potential applications such as construction, goods transfer, and storage. Subsequently, as factories are expanding their scope of manufacturing products, conventionally designed robots are also witnessing modifications in their build. Factory owners have now begun to opt for customized robots both in terms of hardware and software. Such innovative and out-of-the-box approaches are the reason why it would not be wrong to state that robotics works as a catalyst in helping manufacturers produce the goods and supply them to the market in the stipulated time frame.
Recognizing the importance of robotics as a pivotal part of the manufacturing industry, a distinguished panel comprising of CEOs, CIOs, VCs, and analysts along with the editorial board of Manufacturing Technology Insights have listed prime robotics solution providers to help factories improve their optimize their processes.