Friday, 22 December 2017

Robotics Market in the Textile Industry 2017-2021

MRC Announces the Publication of its Research Report – Global Robotics Market in the Textile Industry 2017-2021
MRC recognizes the following companies as the key players in the global robotics market in the textile industry: ABB, DematicEgemin, NeuenhauserMaschinenbau, Sewbo, SoftWear Automation, and Universal Robots
Other Prominent Vendors in the market are: Adept MobileRobots, Balyo, BA Systèmes, Bastian Solutions, DF Automation and Robotics, Fanuc, KUKA, Lone Star Automated Systems, READY Robotics, Rethink Robotics, Seegrid, Smart Robotics, Stäubli, Suzhou Industrial Park AGV Technologies, Transbotics, and YaskawaMotoman.
Commenting on the report, an analyst from MRC’s team said: “The latest trend gaining momentum in the market is Co-bots in the textile industry. A co-bot works collaboratively with humans, without physical separation. As per the updated robot safety standards, a co-bot robot must possess at least one of the following characteristics:
• Speed and separation monitoring
• Safety-rated monitoring stop
• Power and force limiting
• Cell-hand guiding
These robots use specialized sensors and robot controllers for operation. They are implemented when ease in programming along with a reduction in safety costs are desired. They are built using sensors, such as torque sensors and built-in safety sensors, to assess when a human is near.”
According to the report, one of the major drivers for this market is Rise in adoption of robots in China. The government of China has created a favorable environment for robotics with policies, such as investment credits to endorse the sales of indigenous industrial robots and co-bots, leading to rapid growth of local vendors. As per the Made in China 2025 policy, the Chinese government designated robotics including co-bots and other automated machines as one of the 10 priority sectors for investment and growth, with emphasis on regional manufacturing. Also, the Development Plan for the Robotics Industry (2016-2020) was issued with the intention of increasing the innovative capacity of the robotic industry along with its production. By 2016, the number of companies increased to around 750.
Further, the report states that one of the major factors hindering the growth of this market is High cost of implementation. As robotic systems involve the use of sensors, software, and advanced technologies in vision systems and feeding devices, their prices are considerably high and require a large initial one-time payment. The costs appreciate depending on the customization and other operational requirements based on the textile industry. As they are expensive to implement, only companies that can derive significant cost benefits from implementing these systems are investing in them.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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