The worldwide robot-based metrology market will attain $396.2 million by 2026
SAN ANTONIO, Oct. 31, 2022 /PRNewswire/ — Frost & Sullivan’s current evaluation finds that the evolution of automated manufacturing is resulting in a paradigm shift away from handbook metrology options to automated metrology options. With the combination of inspections into shop-floor processes, there’s a have to carry out measurements with out human intervention to reduce errors and scale back the time required for inspections. This triggers the demand for robot-based metrology instruments throughout industries. The buoyant international robot-based metrology market will probably attain $396.2 million by 2026 from $189.9 million in 2021, registering a powerful enlargement at a compound annual progress price (CAGR) of 15.8%.
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“With Business 4.0, automated manufacturing is evolving and additional paving the way in which for automated measurements,” stated Shruti Bapusaheb Yewale, Industrial Analysis Analyst at Frost & Sullivan. “Moreover, it is going to be essential for industries to combine measurement and closed-loop management with automated manufacturing processes within the subsequent 5 years.”
Yewale added: “As producers ramp up manufacturing and concentrate on maximizing product high quality, the demand for engineers with the proper skillsets will surge. Nonetheless, the scarcity of such technicians will additional compel corporations to undertake automation by robotics in metrology, notably in North America and Europe.”
To capitalize on the expansion alternatives, robot-based metrology system suppliers ought to:
- Work intently with car producers to allow product innovation and guarantee security and manufacturing requirements compliance.
- Develop programs that enable manufacturing facility simulation to remain in sync with the bodily area to understand end-to-end manufacturing facility visibility.
- Spend money on increasing their product portfolio with superior software program capabilities.
International Robotic-based Metrology Development Alternatives is the newest addition to Frost & Sullivan’s Industrial analysis and analyses out there by the Frost & Sullivan Management Council, which helps organizations establish a steady circulate of progress alternatives to reach an unpredictable future.
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SOURCE Frost & Sullivan