Industry experts project the Robot Machine Tools market to grow at a CAGR of 5.13% during the period 2016-2020.
The Robot Machine Tools market report provides actionable intelligence on factors that have been driving demand; key trends that are impacting the market; challenges that affect the market dynamics along with the market size, a SWOT analysis of the key vendors, and various segments. Robot machine tools are reliable, perseverant, and precise devices that load blank parts into the CNC machines and unload the finished product after the processing is completed. The following recommendations are suggested to make the integration process smooth:
- Planning work in advance by filling trays as buffers and stocking blanks
- Using robots equipped with vision systems and sensitive grippers, so that the CNC machine can be fed accurately
- Accurate programming of unloading of the CNC machine.
The CNC machines comprise microcomputers that control and monitor a machine tool, which performs functions such as turning, milling, welding, grinding, and drilling. A robot machine tool can operate to the fullest potential only in conjunction with a CNC machine to facilitate machining operation due to interoperability.
Robot Machine Tools Market drivers, challenges and trends
Market driver: In all the three regions (EMEA, the Americas, and APAC), the automotive industry is the largest capital investor in the industrial robot market and the biggest end-user of these robots. High capital investments by automotive companies are directed towards buying properties and equipment, building plant, and implementation of automation and robotics, including robot machine tools and to undertake new projects.
Market challenge: The economic recession of 2008 hampered all economies worldwide, especially the growth and expansion of industrial sectors, which requires large capital investments. This decline considerably influenced the demand patterns of the industrial users.
Market trend: The development of IoT and technological enhancements has fuelled the adoption of automated technologies in industries. The high demand and use of smart devices, wireless, and cloud technology will influence the future of robots in terms of range of utility and mode of operation. With rising competition, vendors have started offering attractive options, such as services and control modules, through smart devices and Wi-Fi technology for industrial robots, including robot machine tools from remote locations.
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