Advancement Technology Development through ROBOTICS
“Robotics and other combinations will make the world pretty fantastic compared with today”- Bill Gates
Automation and robotics are popular these days across different enterprises. Thus, Robotics is taking over the world. They are now into every industry namely the healthcare industry, defense, education, agriculture, and many others. Robotics uses different technologies such as artificial intelligence, machine learning, coding, programming languages, and many others to improve its functions and applications. Across the globe, there are 300,000 robotic engineers who are striving to discover some of the other new robots.
Talking about India, there are many robotic engineers, developers, programmers, creatives here too. There are numerous robotics companies and startups in India too that are playing a vital role in taking robotics to the next level. According to the statistics, it is said that 99 percent of the robotics startups fail but, the other 1 percent of robotics startups now are ruling the world, and in those 1 percent of the companies include Indian companies too. It’s the dream of many robotic engineers to have a startup and introduce their product into the market. Robotic companies are now using artificial intelligence, machine learning, Coding, Big Data, and many other technologies. The robotics market in India has gained momentum as a result of industrial expansion, digital revolution and adoption of automation at a large scale. In terms of annual installation, the industrial robotics market in India stood at 5,000 units in 2019 and is estimated to reach 11,760 units by 2025, expanding at a compound annual growth rate (CAGR) of 14.41 percent during the 2020-2025 period.
According to India Industrial Robotics Market Segmentation, the articulated robot segment is dominating the industrial robotics market and valued around US$ XX Mn in 2019. Articulated robot types are widely used in India. Articulated robots account for more than 50 percent of the units being sold yearly. The robots have various from simple toe-joined structure to systems with more than 10 interactive joints. Articulated robots have long reached, high speed and larger working cover. These robots allow a high level of functionality and are the most generally used robots in next-generation robotics. These robots are used in applications such as pick and place tasks, thread fastening, soldering, handling jobs, and other similar tasks requiring fast and exact automation.
Therefore, the way that the robotics market is going to grow, at least in the home, is that we’ll have a number of different special purpose robots.
Automation and robotics are popular these days across different enterprises. Thus, Robotics is taking over the world. They are now into every industry namely the healthcare industry, defense, education, agriculture, and many others. Robotics uses different technologies such as artificial intelligence, machine learning, coding, programming languages, and many others to improve its functions and applications. Across the globe, there are 300,000 robotic engineers who are striving to discover some of the other new robots.
Talking about India, there are many robotic engineers, developers, programmers, creatives here too. There are numerous robotics companies and startups in India too that are playing a vital role in taking robotics to the next level. According to the statistics, it is said that 99 percent of the robotics startups fail but, the other 1 percent of robotics startups now are ruling the world, and in those 1 percent of the companies include Indian companies too. It’s the dream of many robotic engineers to have a startup and introduce their product into the market. Robotic companies are now using artificial intelligence, machine learning, Coding, Big Data, and many other technologies. The robotics market in India has gained momentum as a result of industrial expansion, digital revolution and adoption of automation at a large scale. In terms of annual installation, the industrial robotics market in India stood at 5,000 units in 2019 and is estimated to reach 11,760 units by 2025, expanding at a compound annual growth rate (CAGR) of 14.41 percent during the 2020-2025 period.
According to India Industrial Robotics Market Segmentation, the articulated robot segment is dominating the industrial robotics market and valued around US$ XX Mn in 2019. Articulated robot types are widely used in India. Articulated robots account for more than 50 percent of the units being sold yearly. The robots have various from simple toe-joined structure to systems with more than 10 interactive joints. Articulated robots have long reached, high speed and larger working cover. These robots allow a high level of functionality and are the most generally used robots in next-generation robotics. These robots are used in applications such as pick and place tasks, thread fastening, soldering, handling jobs, and other similar tasks requiring fast and exact automation.
Therefore, the way that the robotics market is going to grow, at least in the home, is that we’ll have a number of different special purpose robots.
