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Robots for Maintenance and Safety
Frost & Sullivan, Sep 2010, Pages: 76
This research service presents the existing and the emerging trends, drivers and challenges that impact the robotics industry. There is also an analysis of the key applications as well as stakeholders for robotics related to maintenance and safety. The industry is observed to be growing at a rapid pace with extensive R&D activities at the university as well as industry level. There is extensive funding support from the government and other venture capitalists which further provides a source of motivation for R&D. There is also a study of some of the major developments which are expected to hit the commercial marketplace within the next 5 years period.
This Frost & Sullivan research service titled Robots for Maintenance and Safety provides an in-depth analysis of the market drivers and restraints, industry trends, and competitive environment in addition to the challenges and issues faced by market participants. The study offers a roadmap of emerging trends and applications with respect to service robotics.
Technology Overview
Advances in Component Technologies Drive Innovations in Personal and Service Robotics Market
Ongoing technological advances and growing demand for task automation from various sectors are poised to impact the market for robotics. The need for improved and accurate outputs is driving innovation in robotics across sectors such as aerospace and defense, oil and gas, and industrial automation. Enhancements in component technologies such as cameras, processors, and microphones have ramped up adoption levels in various sectors. Robots are being increasingly used in various maintenance- and safety-related applications. They are also gaining a strong foothold in the home automation segment. “Initiatives launched by industry participants will trigger rapid growth in the market in the next five years,” notes the analyst of this research service. “Advancements in robotics have been achieved mainly in the military and industrial sectors due to the huge financial assistance extended to develop and commercialize highly technical and expensive robots.” Observations reveal that the use of robots for maintenance-related activities enhances the overall quality of the task and ensures the safety of human workers who are otherwise likely to be employed for hazardous tasks.
Although market prospects look upbeat, there are some challenges restraining forward momentum. The presence of networked embedded systems and proliferation of networks in homes and factories necessitates the smooth operation of robots in such an environment. Moreover, language understanding and dialog systems between human users and robots hinder the deployment of robots in consumer applications. There is also a need to ensure the safety of co-workers, which poses hardware as well as software hurdles for manufacturers. This calls for extensive research and development initiatives from the universities as well as industry participants.
Strategic partnerships by participants from various application sectors with the companies in the field of robotics will aid in new market penetration. Innovative products being rolled out by start up companies are expected to stoke growth in this market. Extensive standardization activities ensure the quality of the product, which, in turn, enhances the confidence level among the end users. “Building and fostering good relationships with universities and independent research houses is essential to achieve optimization of the existing technologies in line with industry requirements,” says the analyst. “Financial support to participants with innovative ideas will go a long way in ensuring penetration of robotics into untapped areas such as power, agriculture, and healthcare.”
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
By End-use Vertical:
- Aerospace and defense
- Oil and gas
- Industrial automation
- Home automation
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