New ARC Advisory Group research on the Robotics for the Process Industries market includes mobile robots designed to operate in dangerous environments and/or perform dull, dirty, or low-level repetitive tasks in order to ensure employee safety and provide operational improvements via robotic automation and digitalization. Enhancements such as expanded sensor payloads and on-board computing and advanced processing using AI to enable autonomous navigation and operations are enabling mobile robots to tackle increasingly more complex tasks while helping to keep employees safe and serve as mobile inspection or condition monitoring platforms.
"Demand for mobile robots of companies operating in asset-intensive process industries will be robust as the desire to keep employees safe from operating in hazardous environments or completing dangerous tasks remains paramount for a growing number of companies. Although employee safety is a key driver of robot adoption, end users are realizing that the improved functionality and performance capabilities of robots empowered by enhanced sensor payloads, advanced analytics and machine learning, increasing levels of autonomous operation, and 4G (and soon 5G) communications is providing enhanced operational improvements and often significant cost savings in terms of time and money," according to Tim Shea, Senior Analyst and key author of ARC's Robotics for the Process Industries Market Research Report.
Robotics for Process Industries Market Trends
In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:
• End users are striving for autonomous operations and robots seen as key enabler
• Impact of the pandemic expedited the need for remote operations
• Robots are incorporating increasing levels of intelligence, autonomy, and digitalization
Leading Suppliers for Robotics for Process Industries Identified
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes ANYbotics, Boston Dynamics ExRobotics, Flir Systems, KOKS Robotics, Sarcos Corp, SMP Robotics, and Taurob.
About the Robotics for Process Industries Research
This ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the robotics for process industries market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts by region, industry, revenue category, application, and customers.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel): Personalized spreadsheet includes the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Presentation Market Analysis Report (PDF) – This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.
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