The International Federation of Robotics (IFR) estimates that just three years ago, there were approximately 2.1 million stand-alone industrial robots installed worldwide, with the largest applications including manufacturing operations such as machine tending, welding, soldering, and assembling materials. In addition, analysts have predicted strong future growth of collaborative robots throughout 2020 and beyond.
There’s a host of reasons why forward-thinking, growth-driven organizations have been integrating automation and robotics within their manufacturing operations, not the least of which is the capacity to significantly reduce human errors that eat away at a company’s bottom line.