The worldwide industrial robot controller market will increase at an 8.9% CAGR between 2022 and 2029, according to Future Market Insights. (FMI).
The report’s findings indicate that the global commercial robot controller market will expand significantly during the forecast period, owing to increased adoption of Human device interaction (HMI), records & cloud capabilities enhancing hardware manipulation, and optimisation of industrial robot value.
Strong growth in the automotive and electronic & semiconductor industries, two major demand generators in the industrial robotics landscape, has also aided market gains.
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East Asia’s Industrial Robot Controller Market Set for Incremental Growth
According to the recent studies, while South Korea remains a prominent country in the robot per 10,000-employees’ ratio, China is projected to witness a see monumental growth. India being a fast-growing economy is expected to contribute a fair share in the industrial robot controller market during the assessment period, for the fact that industrial ecosystems of India are on the brink of a massive makeover.
Japan also commands a significant share in the industrial robot controller market, owing to the high penetration rate of automation in the country. Rapid transition of these countries towards robotic automation is further creating new opportunities for adoption of robotic controllers, thereby making East Asia a lucrative region for the industrial robot controller market players.
Software Based Technology Advancements and Cost Optimization Merging
Key players active in the industrial robot controllers market will benefit from the growing preparedness of industrial ecosystems for the impending ‘fourth industrial evolution’ and its after effects. Smart components and software’s such as sensors and controllers are the future of automation; industrial robot controller is one of the competence for robot manufacturers as all the electromechanical systems needed to be controlled.
Over the forecast years, human machine interaction is expected to be a growing trend that aims to bring robot and human anatomy closer. simultaneously, bridging the gap between a robot and control system.
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Industrial Robot Controller Market by Category
By Axis Type:
- Single Axis
- Four Axis
- Six Axis
- Other Axis
By Robot Type:
- SCARA Robot
- Delta Robot
- Cartesian/Gantry Robot
- Articulated Robot
- Collaborative Robot
- Dual Arm Robot
By Region:
- Americas
- EMEA
- South Asia & Pacific
- East Asia
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 7-years.
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