This year truly has been a cataclysmic event as we are all surprised by the eruption of a global pandemic, nothing like the world has seen in the past century. However, this does not mean indefinite economic fatigue in the different industries of the world.
Take the robotics industry, for example, a line-up of what products and events can be anticipated is making headlines.
Big Team-Ups
In the robotics industry, many companies have found that teaming up with others who can offer something a bit different is extremely beneficial. For this reason, we believe that the rest of 2020 and early 2021 will see more team-ups by these robotics companies.
This will include mobile robot companies joining forces with gripper companies in order to create something truly spectacular. In reality, it makes more sense to team up rather than to try and build something with little to no experience.
Large Acquisitions
The robotics industry has received a lot of investment over the years from investors such as Tej Kohli, Techstars and Comcast. These investments have boosted the industry and allowed for some start-ups to really put their stamp on robotics in general.
However, later this year, we expect to see some acquisitions by larger companies who see the potential that this industry and the companies within it have. Just look at what Amazon did with Kiva Systems – this is set to become a big trend.
Scaled Up Inventory In Retail
Another trend that we expect to see in 2020 and early 2021 involves the inventory that is held by retailers. As robots become more mainstream, it is expected that retailers in warehouses will be able to increase their number of SKUs. In order to do this without robots, additional labour would be required and this isn’t always cost-effective. With robots, however, this will be much easier and much more common over the coming years.
Reduced Debate On Type Of Robots
Finally, there has been a large debate over whether cobots or industrial robots are more effective over recent years. However, the future trend that we are looking at involves this debate going away and companies focusing on the task at hand rather than the individual robot. It is fair to say that both of these types of robots are effective and we don’t need to choose one type going forward. Both can prosper in 2021.
Final Verdict
If you pay any attention to the robotics industry, you should consider all of these upcoming trends and watch out for them. This industry is set to become extremely profitable as more companies realize that they could use robots within their organization.
The future of the robotics industry isn’t quite known but we can expect these trends to become apparent over the coming year. It is very likely that we will one-day rely on robots to perform many tasks.