The global robot controllers market was valued at around $913 million in 2015 and is expected to surpass $1 billion by 2020, says Technavio.

Technavio has announced its latest market research report on robot controllers to its robotics portfolio. This market analysis discusses the major drivers and key emerging trends that will influence the growth of the global robotic controllers market during the forecast period 2016-2020. Some of the top vendors listed in this industry analysis include ABB, FANUC, KUKA, and Yaskawa Electric.

In terms of geographical analysis, APAC will be the fastest-growing region in the global market, reaching revenues of almost $778 million by 2020. China, Japan, and South Korea will emerge as the key revenue-generators.

“The adoption of compact and small-sized robot controllers is currently on the rise. Vendors in the market are reducing the size of robot controllers in an attempt to stay competitive and increase the utility of robot controllers. The decrease in size is achieved through consolidation, which reduces the number of components in the controller. The creation of controller with a small footprint enables end-users to place controllers into the robot cage or mount them above the robot,” says Bharath Kanniappan, a lead analyst at Technavio for research on robotics.

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The new industry research report from Technavio analyzes some of the key drivers and trends responsible for the growth of this market and its sub-segments.

Safety concerns with industrial robots

Workplace accidents have necessitated the safety caging of robots by manufacturers to prevent fatal incidents and limit any contact with workers in a working environment. Conventionally, robots were enclosed in a cage to ensure human personnel safety. However, this restricts their functionality and access to key areas of workspaces. As a result, individual dedicated robot controllers are being increasingly adopted for controlling and regulating collaborative robots at all times among several OEMs across the globe.

Rise in adoption of Chinese robots and robot controllers

The government of China has created a favorable environment for the robotic industry with policies, such as investment credits. The implementation of such policies endorse the sales of indigenous industrial robots, robot controllers, and robot peripherals, subsequently fueling the growth of local vendors. The country is also increasingly adopting industrial robots for material handling, assembly and disassembly, welding, machine tending, packaging, foundry and forging, and other applications on a large scale to address the growing labor costs and inflation. By early 2018, it is predicted that China will have the highest number of working industrial robots and robot controllers in its manufacturing sector compared to other leading countries.

EU initiative promoting industrial and engineering innovation

The EU has allotted a budget of around $352 billion to the European Funds for Strategic Investments, European Structural and Investments Funds, and the European research funding program, Horizon 2020, in an attempt to promote industrial development of both small and large-scale industries. Horizon 2020 is a significant EU research program premised on industrial innovation that was launched in December 2013. Such programs were created to encourage the adoption of robotics as a key resource to help enterprises secure an edge in the global market.

The widespread implementation of Horizon 2020 is enabling Europe to compete against economies that offer advantages such as low-cost labor and high rates of automation. Collaboration with academic institutions to initiate projects on robotics is one of the key focus areas of Horizon 2020. This is likely to prompt small and medium enterprises to integrate robot controllers and industrial robots into their factories for processes such as material handling, assembly/disassembly, welding, painting, machine tending, and foundry and forging.

Some of the other prominent vendors identified in this report Alfa Robot, Arburg, Engel, Epson Robots, Hans Hundegger, Harmo, iRobot, Kawasaki Heavy Industries, NACHI-FUJIKOSHI, Omron Adept Technologies, Sepro Group, Stäubli Robotics, TecnoMatic Robots, WITTMANN, and Yamaha Robotics.

This research report includes an in-depth analysis and market shares and sizes of the sub-segments and geography. It provides a comprehensive analysis of the key companies, including their market shares, business overview, key financials, etc. The market study also offers a detailed analysis of key drivers, challenges, and opportunities influencing this market.

A more detailed analysis is available in the Technavio report titled, ‘Global Robot Controllers Packaging Market 2016-2020‘. Technavio also customizes reports by other regions and specific segments upon request.

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