The market research firm divided industrial robotics market into four segments based on robot types, which are Articulated, Cartesian, SCARA and other.

Research and Markets noted that the industrial robotics market in the US is growing significantly due to increasing automation in the manufacturing sector and advances in the robotic technology. The US market is primarily driven by the motor vehicle industry followed by the industrial machinery industry.

Industries such as food and beverage, rubber and plastic, and pharmaceutical use industrial robots in their manufacturing operations to reduce labor cost and increase competitiveness.

Collaborative robots are the new industrial robots designed to operate collaboratively with humans. They are used for lightweight operations, such as placing products in trays or cases, to heavy-duty applications that include depalletizing and palletizing. Advanced sensors equipped with these robots sense the presence of a person and his location, which allows the robots to slow down or stop for security. When a person moves away, the robot automatically resumes normal operation.

According to the report, industrial robots are flexible, and can be easily programmed to adapt to new production lines without any training. The margin of error is less, and the functioning of these robots can be extended for a longer duration with minimal supervision.

The robots produce defect-free products, and reduce product failure and wastage. They do not require additional expenditures on healthcare, insurance, and income. These robots require minimum heating and lighting, which reduces energy consumption considerably. The adoption of these robots allows companies to minimize direct and overhead costs.