The Robotics Industry: Market Trends, Opportunities, & Challenges for 2021

Interoperability is a must for multi-diverse systems to work together. With the increase in demand and specialisation of mobile robots, companies need to find a way for these robots to communicate with each other.

With more companies buying robotic applications, robot manufacturers are unable to keep up with the growing demand. This means that companies will deploy different types of robots from different brands, which leads to more diverse robot portfolios.

According to Meili Robots’ industry report, problems arise when these robots — and especially mobile robots — are used in the same environment, where they are likely to cross paths. Coming with different operating systems, these mobile robots will not be able to communicate with each other. This can lead to collisions, accidents, and delays in operations.

 

Top Industry Trends

Along with an overall increase in robot adoption, there are some interesting trends popping up in the robotics industry. They show that companies are investing in automation technologies to improve productivity, flexibility, and workflow efficiency.

The industry also sees a lot of influence coming from the Internet of Things (IoT) and the Industrial Internet of Things (IIoT). These technologies help businesses to make more profitable decisions by providing insights into critical processes at the right time. As companies continue to invest in advanced technologies, the IIoT will drive robotic demand even further.

In the report, Meili Robots cover a number of other trends, from artificial intelligence and universal connectivity to modern robots reducing carbon footprints.

 

Market Opportunities and Challenges

The global market for industrial and non-industrial robots is expected to reach €175.75B by 2025. The sales of professional service robots — logistics, medical robotics, field robotics, and defence — rose by 61% in 2018, with more than 271,000 robotic units being shipped.

 

For insights into other markets and their trends, opportunities, and challenges, as well as a Danish case study on interoperability between different robots, please download the free report on Meili Robots.