Mobility Is and Will Be the Force Driving the Robotics Market for the Next 10 Years

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By Rian Whitton | 4Q 2019 | IN-5686

 

The End of Dominance for the Industrial Vendor

NEWS


ABI Research recently released its most comprehensive tracker of the robotics market to date: Commercial and Industrial Robotics (MD-CIROBO-104). The forecasts therein paint a clear picture of optimism within the industry at large, but projections of growth rates vary widely between different subsectors, verticals, and robot-types.

There was a time when the major industrial robotic vendors. ABB, KUKA AG, FANUC, and Yaskawa, had huge influence on the market, and their fate was directly tied to that of the industry, but this is no longer the case. Following breakneck demand for industrial robots from 2015 to 2017, there was a noted deceleration in 2018, in large part due to the plateau in demand from China.

While generally overemphasized, challenges for the global manufacturing supply chain have affected the indust...

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