In the past, the word “automation” has created such a buzz, especially in the manufacturing industry. The discourse surrounding the use of robots in the processing and delivery of products is a hot topic of conversation throughout various industries. Majority shareholders are pushing top management officials to adopt automation due to the numerous benefits it brings. The overreaching goal is to seamlessly integrate it into their current processes to streamline their operations. 

Warehouse storage and retrieval are set to undergo a worldwide change over the next decade. Automated warehouses will delegate many of the tasks now performed by people to robots, including automated guided vehicles (AGVs). Warehouses with automated storage and retrieval systems (ASRS) will have several advantages over those that rely on human labour.

Service robots are engineered to assist humans and perform useful tasks on their behalf. In recent years, improved ease of use, quality, and lower operational expenses have increased worldwide acceptance of service robots. A Market Research Engine report says that the Global Service Robotics market is expected to reach almost $24 billion by 2022. The market is projected to have a compound annual growth rate (CAGR) of more than 15%.

Robotic automation is the future for manufacturers of all sizes and can help them save money and time and even create new jobs that weren't previously available.

Logistics robots stand are the fastest-growing and most widely adopted form of service robot and provide many potential benefits for manufacturing.

For those who are new to the world of robotic automation, it’s natural to ask why you should invest in this technology. Most business owners will want to fully understand the goals, the problems solved, the economic reasons, and the benefits of robotic automation before truly considering the investment.

In recent years, the use of collaborative robots (cobots) has offered great efficiencies to the food and beverage industry. These machines reduce the need for humans to perform strenuous, repetitive tasks. Food & Beverage is also using artificial intelligence (AI) to enhance decision-making. The two technologies are being fused to provide an even greater return.

In the UK, more than two-thirds (67%) of respondents in the Annual Manufacturing Report Survey have said that they're 'aware' of Industry 4.0. 23% are already moving over to digitisation and automation of their systems, while 62% are actively planning the move. Source: Annual Manufacturing Report

Robotics as a Service (RaaS), which allows manufacturers to leverage the benefits of industrial and collaborative robots in their facility without having to buy them, is becoming popular.

The robots of the future will benefit from technology advances such as increased human-robot interaction, increased mobility, and multi-robot coordination.

The robots of the future will exceed the capabilities of today’s robots. They will be able to automating tasks that were previously impossible. Many of these robots of tomorrow–the ones that will transform the way we work, the way we travel, the way we purchase items and more–are under development today.