The global robotic flexible washer market to grow at a CAGR of 5.44% during the period 2017-2021.
Global Robotic Flexible Washer Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
According to the report, one driver in the market is increased focus on positive cash flow. Though robotic implementation entails a significant high one-time investment, in the long run businesses can generate a positive cash flow and achieve a better return on investment (ROI). With advanced capabilities, robots can help industries minimize their labor cost and focus on achieving higher operational excellence. Semi-skilled labor shortage is becoming imminent with time, resulting in an increased cost of hiring, training, and retaining such employees within the industry.
One trend in the market is developments in R&D. Owing to an increasing adoption rate of robotic flexible washers by end-users, robot vendors and manufacturers are focusing more on the technological R&D front to provide higher quality and efficient products. Most robotic flexible washer vendors are developing a special grade of robotic arms equipped with advanced sensors to automatically detect and carry out the cleaning and washing process instantly.
Further, the report states that one challenge in the market is switching costs. Though a robotic flexible washer generates better ROI in a short duration, the adoption process involves the end-user to make substantial investments. The switching cost can be higher and acts as a major obstacle for the end-users to implement these robotic units in their production capacities.
Other prominent vendors
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by type
Part 07: Market segmentation by end-user
Part 08: Geographical segmentation
Part 09: Decision framework
Part 10: Drivers and challenges
Part 11: Market trends
Part 12: Vendor landscape
Part 13: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/spxh7d/global_robotic.
Source: Research and Markets