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Global Assembly Automation Industry Analysis, Size, Market share, Growth, Trend and Forecast to 2027
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Global Assembly Automation Industry Analysis, Size, Market share, Growth, Trend and Forecast to 2027
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CHICAGO, Jan. 27, 2021 /PRNewswire/ In-depth analysis and data-driven insights on the impact of COVID-19 included in this global servo motors and drives market report.
The servo motors and drives market is expected to grow at a CAGR of over 5% during the period 2020-2026.
Key Highlights Offered in the Report:
Japan, Germany, and the US are the major countries creating demand for servo motors and drives as these countries have higher manufacturing in major end-user industries such as machine tools, robotics, and automated tools.
Increased capital investment in developing countries is expected to allow vendors to invest further in plant expansion and upgradation of manufacturing plants along with investments in automation.
ResearchAndMarkets.com’s offering.
The Piece Picking Robots Market is expected to grow at a CAGR of 11.7% over the forecast period 2020 to 2025.
With the requirement for e-commerce and product assortment quickly growing, the demand for piece-picking solutions has grown substantially. Additionally, labor deficits in the logistics industry, including securing employees for ordinary tasks such as picking, have become a hurdle for warehouse managers.
Key Market Trends
Collaborative Robots to Drive the Market
Collaborative mobile robots augment humans’ work to improve accuracy and by leading warehouse associates to correct pick locations and to utilize UPC scanning, further reducing human error. As, according to HMC Investment Securities, it is expected that, by 2025, the global co-bot market size will reach around USD 12.8 billion, the Piece Picking Robots Market is envisioned to get a boost.
Глава NVIDIA считает, к 2030 году наибольшее распространение получат автомобили с автономностью второго уровня
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