Industrial Automation

Outlook of the global R&D spending in the robotics industry

Technavio’s market research analyst predicts the global R&D spending in the robotics industry to grow at a CAGR of around 17% during the forecast period. Recently, it has been observed that robots have become necessary in every industry that uses production processes and systems. Consequently, government and manufacturers from across the globe are increasing their R&D spending to develop technologies that will enhance the functionality and efficiency of these robots. In the healthcare and defense sectors, the demand for sophisticated robotics technology is rapidly increasing. This increase in the demand for sophisticated robotics technology will augment the total R&D spending, which in turn will result in market growth during the forecast period.

In terms of geography, the APAC region dominates this market and is envisaged to grow at a CAGR of around 5% during the forecast period. The high adoption rate of robots in industries like automotive, electricals and electronics, and food and beverage will bolster the overall R&D spending in this region.

Segmentation by vendor type and analysis of R&D spending in the robotics industry

  • Original equipment manufacturers (OEMs)
  • Venture capitalist

In this market study, analysts have estimated the OEM segment to account for more than 60% of the total market share during the forecast period. The OEMs invest about 4%-12% of their overall sales revenue in R&D for specific or generic research. The extensive use of robots in various industries has pushed manufacturers to invest extensively in the R&D of application-specific products.

End-user segmentation of R&D spending in the robotics industry

  • Defense

July 18, 2016 | 60 Pages | SKU: IRTNTR9841

Overview of the global process agitators market

Market research analysts at Technavio have predicted that the global process agitators market will grow steadily at a CAGR of more than 5% by 2020. Green engineering techniques and processes minimize pollution from the plants while achieving high production efficiency. As a result, companies have started adopting and implementing green engineering techniques in their plants, where the final plant output is in exact proportion to the component elements of its formula. Kinetics and mass transfer are used to enhance the production and operation units in a manufacturing plant. Kinetics involve the minimum use of non-renewable energy, which leads to the reduced generation of pollutants. Mass transfer is concentrated toward reducing the gap in yield, increasing purity, improving the physical appearance, and particle size by product formation, filterability, and catalyst deterioration. The use of industrial agitators enhances the reaction performance for mass transfer controlled situations. For instance, EISENMANN, a biogas plant that collects bio-waste and converts it into bio-methane, adopted agitators for processing both the liquid and solid wastes in the plant. This helped the company convert 20,000 metric tons of bio-waste into 1,500 metric tons of fuel.

In terms of geography, the Americas is expected to dominate the process agitators market throughout the forecast period and will account for a market share of almost 40% by 2020. The US is identified to be the major contributor for the market in the region since the majority of process industries across the country use agitators in their plant. Moreover, companies have also started reshoring their production plants, which will lead to the construction of new plants. Also, the availability of low-


July 18, 2016 | 60 Pages | SKU: IRTNTR9862

A parallel robot or parallel manipulator is machinery that offers excellent performance with regard to stability, precision, and rigidity to manipulate large loads. Parallel robots comprise three or more rotary or prismatic axes that operate parallel to each other. These robots are primarily used in the laboratories and pick and position applications. The installation of parallel robots into processes enhances the employees' quality of life, besides being cost-effective for employers. These robots will witness increased acceptance across several verticals like electrical/electronics, semiconductor, and food & beverage.

The report, global parallel robots market, is part of Technavio’s industrial automation research portfolio. This portfolio provides a comprehensive market analysis along with the market share, market sizing, and market segmentations covering areas such as automation and robotics. These market research reports provide a perspective on the various market opportunities and market threats along with the key trends that would influence the market growth during the forecast period. It presents insights into the changing competitive landscape and a detailed profiling and market analysis of the vendors. Also covered in the research are the key regions or countries that would have an impact on the market during the assessment years.


July 14, 2016 | 60 Pages | SKU: IRTNTR9760

Turbochargers are mechanical devices that are used to improve the internal combustion of an engine. They work with the assistance of an internal turbine and are powered by exhaust gasses. These devices have gained huge popularity in most of the process and discrete industries owing to the growing focus on fuel efficiency.  The use of turbochargers enhances the energy efficiency and optimizes the usage of raw materials. Speed, temperature, and structural load are the key factors that influence the performance of turbochargers. Mitsubishi, ABB, and Honeywell have been identified as the prominent vendors in the turbocharger market.

The report, global industrial turbocharger market, is part of Technavio’s industrial automation research portfolio. This portfolio provides a comprehensive market analysis along with the market share, market sizing, and market segmentations covering areas such as automation and robotics. These market research reports provide a perspective on the various market opportunities and market threats along with the key trends that would influence the market growth during the forecast period. It presents insights into the changing competitive landscape and a detailed profiling and market analysis of the vendors. Also covered in the research are the key regions or countries that would have an impact on the market during the assessment years.


July 11, 2016 | 60 Pages | SKU: IRTNTR9719

Overview of the global motion simulation market

Market research analysts at Technavio have predicted that the global motion simulation market will grow steadily during the predicted period and will post an impressive CAGR of about 11% by 2020. One of the major factors that will contribute to the growth of the motion simulation software market in the next four years is the increasing popularity of cloud-based motion simulation and analysis software. The limited availability of high-performance computing devices has made it difficult for engineers to operate their complex and computationally demanding simulation software. Cloud-based motion analysis software offers several advantages such as large space for data storage, flexibility, ease of access, and increased security. Moreover, cloud-based services do not require customers to pay for licensing, offers improved scalability, and also requires very less maintenance. Such benefits will induce more software vendors to partner with cloud service platform and hosting solution providers to provide efficient cloud-based motion simulation services to customers. 

Aerospace and defense companies are constantly on the lookout for new space launch systems for space exploration missions. To attain the highest quality and cost and time reduction, companies rely on product lifecycle management (PLM) software to develop efficient space launch systems. The recently launched Atlas V rocket was designed using engineering analysis and simulation software from Siemens’ PLM software business. Another major aerospace company, ATK Aerospace


July 10, 2016 | 54 Pages | SKU: IRTNTR8853

Outlook for the global entertainment robots market

According to Technavio’s market research analysts, the global market for entertainment robots will grow profoundly at a CAGR of over 20% during the estimated period. Robots that have been developed for utilitarian purpose in domestic settings to entertain humans, especially children, elderly, guests, or clients are known as entertainment robots. Much of this market’s growth can be attributed to the ability of entertainment robots to teach and reinforce science, technology, engineering, arts, and math (STEAM) skills to children. Since these robots have been developed to impart critical-thinking, problem-solving, reasoning, and spatial skills to children, their demand among parents and trainers will increase significantly over the next few years.

The development of entertainment robots with high artificial intelligence (AI) will be the key trend driving the growth prospects for this market. High R&D investments in the field of robotic technology have led to the development of robots with AI. Recently, many manufacturers have been trying to develop humanoid robots with advanced technologies as they can connect with humans easily. As a result, technologies like voice recognition and proprietary algorithms that can detect the human's emotions from their expression are being implemented in robots. With the help of such algorithms, robots can learn to respond to preset commands as well as adapt to responses as required.

Product-based segmentation and analysis of the entertainment robots market

  • Robotic toys
  • Educational robots
  • Robotic companion pets

In this market research, analysts have estimated the robotic toys product segment to be the largest market segment during the forecast period. The ability of robotic toys to mimic human perception, and perform activities like dancing, moving,


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