|[August 10, 2017]
Integrated Force Controller Market - Global Forecasts and Opportunity Assessment by Technavio
According to the latest market study released by Technavio,
integrated force controller market is expected to grow at a CAGR of
more than 5% during the forecast period.
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Technavio has published a new report on the global integrated force controller market from 2017-2021. (Graphic: Business Wire)
This research report titled 'Global
Integrated Force Controller Market 2017-2021' provides an in-depth
analysis of the market in terms of revenue and emerging market trends.
This market research report also includes up to date analysis and
forecasts for various market segments and all geographical regions.
The global integrated force controller market is a growing market due to
the increasing demand from automotive and other fabrication industries
as these controllers help in improving the efficiency. There are many
manufacturing companies around the world who are upgrading their
facilities due to strict government regulations on workplace safety,
which, in turn, will lead to an increase in demand for integrated force
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Technavio's analysts categorize the global integrated force controller
market into four major segments by application. They are:
Grinding and cutting
Machine tending and inspetion
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The top three segments based on application for the global integrated
force controller market are discussed below:
Global integrated force controller market by grinding and cutting
The grinding and cutting segment was the highest revenue generating
segment in the integrated force controller market in 2016 and is
expected to continue throughout the forecast period. Integrated force
controller equipped robots are mainly used for grinding and cutting
applications as the precision of grinding and cutting functions
performed by these robots are higher.
According to Bharath Kanniappan, a lead automation
research analyst from Technavio, "The cost of robotic grinding and
cutting functions is low when compared with the human workforce. This
benefit has resulted in the increased usage of these robots in
fabrication industries. Technological advancements such as the use of AI
and machine learning have helped improve the performance of these
Global integrated force controller market by assembly line
Assembly line applications are having a positive impact due to their
higher usage in manufacturing facilities and increasing investments in
the automobile industry. Due to high labor cost, many of the
manufacturing facilities are opting for industrial and collaborative
robots as these help in reducing the human workforce required to
complete the task.
"The use of robots in assembly lines was relatively low during the
period 2010-2015. Improved revenue generation from assembly line
applications in 2016 was mainly due to the implementation of robots
equipped with integrated force controllers in automobile manufacturing
plants," says Bharath.
Global integrated force controller market by polishing
Polishing, buffing, and sanding are some of the tasks that can be
considered under the polishing segment. These applications are mainly
performed in the automotive industry and other fabrication industries.
Owing to redundant nature and the need for high precision in these
applications, there is an increase in the use of robots in end-user
industries to complete the tasks.
Force operated controllers are the most preferred product types for
polishing applications. Robots equipped with integrated force
controllers recognize the path of the surface. These robots position
themselves automatically to apply the exact force required, thereby
completing the task at high precision.
The top vendors highlighted by Technavio's research analysts in this
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View source version on businesswire.com: http://www.businesswire.com/news/home/20170810005462/en/
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