RISE IN THE ROBOTICS INDUSTRY LEADS TO THE RISE IN THE DEMAND FOR SMD GEARBOX.

Sonal
3 min readDec 25, 2021

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In simple words Robotics is the use of machineries which can assist humans which usually involves design, Construction, operational use of robots. Robots can be used in many situations for many purposes, but today many are used in dangerous environments including inspection of radioactive materials, bomb detection, manufacturing processes or where humans cannot survive e.g. in space, underwater, in high heat etc. These robots are used for various applications such as Military, Agriculture, Construction, Medical Robots, etc.

Robotics is a crowded industry of more than 500 companies making products that can be best broken down into four categories i.e. conventional industrial robots and stationary professional services such as those with medical and agricultural applications, mobile professional services such as professional cleaning, construction, and underwater activities, and automated guided vehicles (AGVs) for transporting large and small loads in logistics or assembly lines.

According to the recent reports by Allied Market research the global robotics technology market size was valued at $62.75 billion in 2019, and is projected to reach $189.36 billion by 2027, growing at a CAGR of 13.5% from 2020 to 2027. Robotics technology is the intersection of technology, engineering, and science for producing machines called robots, which are used to replicate human actions. The key objective of the robotics technology is to enhance the performance of an organization and to produce better outcome. Robotics technology finds its wide range of applications in various industry verticals, which include healthcare, domestic, agriculture, and manufacturing. Rise in need for automation and safety in organizations and availability of affordable, energy-efficient robots drive the growth of the global robotics market. In addition, increase in labor & energy costs and upsurge in usage of robotics technology in different industry verticals fuel the growth of the market. However, high initial cost of robots and lack of awareness among SMEs hamper the growth of the market.

Impact of COVID-19 on Robotics Technology Market:

Due to the outbreak of the COVID-19 pandemic the market was projected to exhibit a sudden downfall in 2020. This was attributed to implementation of lockdown by governments in majority of the countries and shutdown of travel to prevent the transmission of virus. The robotics technology market is projected to prosper in the upcoming years after the recovery from the COVID-19 pandemic. Various industries such as supply chain, manufacturing, and healthcare are adopting robots to work in place of humans to reduce the impact of the virus and to enhance their market share, which is providing lucrative opportunity for the market. Several incentives are being offered by the governments of key countries such as India, China, Japan, France, Indonesia and Singapore in order to aid the industrial sectors from these countries to cope better with the challenges faced as a result of the COVID-19 pandemic. As a result, the industries are better equipped with the financial resources that are required for the incorporation of robots in the industrial set-up. Growing demand for collaborative robots across all industries is expected to promote the incorporation of automation in industries. These robots are targeted toward both small and medium-sized enterprises (SMEs) and large enterprises. These robots are also being adopted for both new and existing applications and hence have a wide-scale adoption owing to their versatility. These factors have been significant in driving the growth of the industrial robotics market.

As there is ample amount of growth in Robotics Industry thus its results to increase in the demand for various types of gearbox such as Harmonic, Hollow Rotary, Precision Planetary which are much accurate and running under 1 arc minute and less. SMD is now a popular name in Robotics Industry as our gears are considered to be more accurate, Compact, High Load bearing capacity in minimum dimensions. SMD Gearboxes are considered to be of Great Quality and SMD also provides cost effective solutions. SMD is now known in the Domestic as well as in International market for providing compact, efficient and advanced technology gearbox.

FOR MORE INFORMATION VISIT,

www.smdgearbox.com

Mail Id — sales@smdgearbox.com

Phone No. — +886 (09) 67388376 / +91 7030669818

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Sonal

Our Company Name SMD stands for SEIMITSU MOTION DRIVES as a trailblazer in the solution provider of various types of industrial Gearbox in Taiwan.