How Can Industrial Robotics Help Your Business Align with IR 4.0 Standards

22 Jan
2024

 
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Highlights:

  • What is Industrial Revolution (IR) 4.0?
  • Reasons behind increasing popularity of industrial robotics
  • Latest trends and advancements in industrial robotics

Industrial Revolution 4.0 has been the striking feature of the 21st century. It is the term used to denote the era of digitization in the manufacturing sector. The increasing use of artificial intelligence, machine learning, data analytics, etc., has been crucial in ushering in this new age of digitization. Another such factor which has contributed hugely to the transformational shift in the manufacturing sector is industrial robotics.

Why has industrial robotics seen a surge in demand from the manufacturing sector?

Industrial robotics, in the simplest terms, is the use of industrial robots for manufacturing processes. These industrial robots have certain pre-assigned and programmed functions which they are expected to perform. For this, industrial robots have various components including sensors, controllers, microprocessors, actuators, etc. Industrial robots are usually employed for performing tasks which are repetitive in nature and human supervision is sufficient for completing of the task. The program that is fed to the specific robot and these hardware components help the robot in performing such repetitive tasks.

Industrial automation solutions such as manufacturing robots have seen a major boost in the past few years. For instance, the articulated segment of the industrial robotics sector is anticipated to gather an absolute revenue of $52,261.8 million by 2032. There are various reasons behind this rising adoption of automated solutions. Firstly, industrial robotics helps in increasing the efficiency of the manufacturing process. Also, the program fed into the robot system ensures that accuracy and precision is maintained throughout the process. This also enhances the overall quality of the goods and products that are being manufactured.

Industrial automation solutions including manufacturing robots, when compared with manual labor, complete the assigned task pretty quickly. This helps in increasing the output of the company, which ultimately translates in increasing the profitability of the company. Moreover, these robots aren’t subjected to any labor laws which mandate limitations on working hours for manual labor. Hence, industrial robots can work round the clock, thereby further increasing the productivity and profitability of the company.

What are the latest advancements in the industrial robotics sector?

One of the biggest trends in the industrial automation solutions sector is the integration of artificial intelligence in robotics. By using advanced data analytics, AI-enabled robots can map the entire supply chain, understand their role, assess the environment and surroundings, and execute the processes with precision. Since these robots quickly grasp the changes in the processes, they can also adjust their role to suit the changing needs of the concerned company. Use of artificial intelligence has also helped in the development of self-healing robots which make repairs on themselves. Major companies operating in this sector have launched their own products which have also helped the flourishing of this industry. In November 2023, for instance, Yaskawa announced the launch of a new adaptive robot MOTOMAN NEXT series. The company has claimed that the product launch will revolutionize the automation industry in the near future.

To summarize, the industrial robotics sector is expected to witness a massive growth owing to certain vital advantages offered by manufacturing robots. Moreover, recent trends in this sector point towards a bright future for this industry.

For greater insights into the dynamic nature of the industrial robotics sector and how your business can capitalize on the opportunities offered by this sector, contact us.

 
Akhilesh Prabhugaonkar

Akhilesh Prabhugaonkar

Author's Bio- Akhilesh Prabhugaonkar holds a bachelor’s degree in Electronics Engineering from the reputed Vishwakarma Institute of Technology. He has a special interest in the fields of forensics, world history, international relations and foreign policy, sports, agriculture, astronomy, security, and oceanography. An ardent bibliophile and melophile, Akhilesh loves to write on topics of his interest and various other societal issues. This love for writing made him enter the professional world of content writing and pursue his career in this direction.

 
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