In this 4.0 revolution, he calls us to be participants in joining this era of automation to transform the way of producing and the economy.
Many countries are already in the robotic automation market, such as China, Singapore, Germany and some other European countries, with them having established a considerable increase.
The idea of being able to integrate artificial intelligence (AI), new technologies and robotic technology is to generate solutions and opportunities for both companies and their employees.
One of the countries that joined this robotic automation market with 4,771 new units installed in 2018. That represents an increase of 39% compared to the previous year (3,412 units). It is estimated that it will grow by 13.3% CAGR from 2019-2024.
The Indian industry is integrating automation to increase production volume, precision and safety. Articulated robots are the tallest type of robot used in India. These robots allow a high level of functionality and are the most widely used robots.
The automotive industry is the main user of the industrial robotics market in India, followed by electronics and electronics. India is a car exporter and has export growth forecast for the near future. Car exports grew 15.5% between April 2018 and February 2019.
Among the growing demand for industrial robot applications is; welding and assembly, dispensing and material handling and the automotive industry, with a contribution of 44% of the total facilities. Around 45% of the market has been captured by companies such as Yaskawa, Kuka and Hyundai Fanuc, ABB, Kawasaki, Wittmann and Star Automation, among others.
The growth of the robotics trend in india has made great strides in increasing the demands of industrial robots due to its time efficiency and low costs, it can complete heavy and difficult to handle processes more easily, it has been a great assistance tool in the Warehouse automation is forecast to grow at a 10–12% annual compound rate during 2015–2020, and is expected to reach $ 3.49 billion by 2020.
Industrial robotics has become an opportunity for example, the next generations will be focused on robotics education and currently in India it is in great demand thanks to the high contribution it has presented.
Automation has now become an integral part of the production process for various production and service sectors by demonstrating efficiency, as tools to assist in hazardous tasks and environments, reducing overhead, reducing the margin of error and producing with higher quality.
The implementation of industrial robotics in India has made a huge difference, revolutionizing the industrial and service sectors, all in due course showing an upward trend of growth.