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Industry 4.0 to Bolster Global Industrial Robotic Software Market : Ken Research

Global Industrial Robotic Software
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According to the study “Global Industrial Robotic Software Market – Structure, Size, Trends, Analysis and Outlook 2016-2022”, all the global manufacturing facilities are aiming at reducing wastage of raw materials without compromising on the productivity. This trend has motivated the manufacturers to adopt sophisticated robotic softwares coupled with the continuous adoption of modern manufacturing techniques. All the industrial robot manufacturers are competing on parameters such as delivery, cost, quality, and reliability which contribute a significant growth towards the industrial robotic software market over the next few years.

A set of coded commands or instructions that are embedded within a robot to perform multiple and autonomous tasks is known as robotic software. Easy and efficient industrial robot programming helps manufacturing industries to maximize their productivity by saving time and money. Various robotic programming softwares are developed to provide quick and easy programming tools for multiple industrial applications. Robotic software architecture embedded within the industrial robots is an automated work cell which carries out assigned tasks quickly, repeatedly and with precision. Every industrial robot is equipped with robotic software that is technically advanced to perform functions such as reach, speed, payload, inertia, joint rotation and performance.

Geographically, the global market for industrial robotic software is spread across the Americas, Europe, Asia-Pacific, and the rest of world (RoW). North America, China, Japan, Germany, South Korea, and Mexico countries are deploying more number of robots with sophisticated robotic software due to industrialization. However, Asia-Pacific occupies the first place in deployment of robotic software solutions followed by Europe and North America. The major players in global industrial robotic software market are ABB, KUKA, Fanuc, Hypertherm Inc., Intelitek, Inc., Energid Technologies, RoboDK, Rethink Robotics, Universal Robots, Bionic Robotics GmbH and Robotnik Automation S.L.L. Global industrial robotic software market is categorized into collaborative robotic software and traditional robotic software by human-robot collaboration. The two major software types are on-site industrial robotic software and offline programming software. Original equipment manufacturer (OEM) software and third-party industrial robotic software are the major users of industrial robotics software. Huge investments are made in robotics R&D to improve technology, superior quality of robot construction, and more operational skills.

Evolution of Industry 4.0 and Industrial Internet of Things (IIoT) coupled with robotics has bolstered robot manufacturing companies to incorporate sophisticated robotic software to handle functions such as asset management, equipment, process efficiency optimization, and cost reduction. Cloud network is installed in various robots to record data flow from robots and external devices. Incorporating advanced robotic software helps in improving the robot’s programming coupled with developing application-specific software that will propel the growth opportunities within global industrial robotic software market. It was estimated that there is an increasing investment in robotics software solutions and establishment of new manufacturing facilities in Asia-Pacific coupled with the increasing demand for automobiles, will drive the growth of the assembly line robots market in this region during the next few years.

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Ankur Gupta, Head Marketing & Communications
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Industry 4.0 to Bolster Global Industrial Robotic Software Market : Ken Research


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