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Global Industrial Robots Category - Procurement Market Intelligence Report

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  • Published in: Oct 2017
  • Pages: 90
  • SKU: IRCMSTR14601

Global Industrial Robots Category - Procurement Market Intelligence Report

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Single User: Allows a single employee of the organization to access the subscribed reports.

SpendEdge’s procurement research report on the global industrial robots market provides procurement professionals with up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services. This report provides a detailed analysis of the supply market, procurement challenges, and procurement best practices which can help in planning and executing category management activities. It also focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Key Features of Report

 

Supply Market Insights
Procurement Best Practices
Cost Saving Opportunities
Pricing Models
Negotiation Strategies
Category Risk Analysis
Key Supplier Analysis
Supplier Capability Matrix

 

Industrial Robots - Category Spend Analysis

 

According to analysts at SpendEdge, the increasing demand from SMEs for industrial robots is a key growth driver for the market. The SME sector has demonstrated an increasing interest in robotics and is expected to be a major contributor to the growth of the category in the coming years due to the immense untapped potential of this sector. Historically, SMEs have kept their distance from robotics fearing high maintenance costs, safety, and lack of expertise. However, the development of collaborative robots with enhanced safety features, coupled with their cost-effectiveness, has played a major role in countering these fears. Collaborative robots are also easier to operate. Most importantly, they can work alongside humans, thus, mitigating the fear of loss of jobs among workers. Collaborative robots are primarily targeted toward SMEs. It is expected that, by 2020, the installed base of collaborative robots in SMEs will exceed 40,000 globally. In developed countries such as the US, collaborative robots have increased productivity and reduced operating costs for SMEs. According to industry estimates, SMEs are able to realize direct cost savings of as high as more than 20% by deploying industrial robots at their facilities.

The strong demand from the automotive sector is a major driver for the industrial robots market. For instance, in the past five years, the automotive sector accounted for more than 51% of the incremental growth in demand. This strong demand is driven by the high precision, safety, and productivity offered by industrial robots. For instance, an industrial robot only takes close to 80 seconds to complete the welding of an entire car, while it can take several hours for a human to do the same, depending on his/her productivity levels. Similarly, robots can perform tasks such as the application of sealants and oil with greater precision compared to humans. Also, robots are immune to fatigue and feelings of monotony; therefore, can ensure consistency in quality. All these factors have increased the adoption of robots in the automotive industry.

Industrial Robots - Procurement Best Practices

 

One of the procurement best practices for buyers is to formulate an automation plan by collaborating with subject-matter, process, and operations experts. It is the imperative to validate the adaptability of a process to automation, as every process is unique and is impacted by factors such as industry, size, and cycle time. Hence, before automating any process, buyers must carefully assess every step of the process. It is important to know that every step of a process cannot be automated. For instance, in the food and beverages industry, the inspection of raw ingredients is still done manually, as the sensory capabilities of robots are limited. Buyers should consider automation for processes that are rule-based, has highly structured data, requires continuous input, and is prone to errors. Having an understanding of the suitable processes and exceptions can reduce the cost of automation for buyers and deliver a better ROI on their project.

Industrial Robots - Procurement Challenges

 

According to this procurement report, one of the key procurement challenges faced by buyers is the lack of senior management support due to the high cost of maintenance. The maintenance cost for an industrial robot can be substantial and on an average account for more than 40% of the total ownership costs. This cost can rise significantly if end-users have limited expertise in dealing with robots and the supporting infrastructure is poor. Recurring costs on repairs and maintenance can result in significant opportunity costs for buyers and erode any benefits derived from the implementation of industrial robots. Consequently, there can be significant resistance from senior management, especially those in SMEs, in terms of procurement of industrial robots where there is low awareness about the benefits of industrial automation.

 

Get unlimited access to all our reports. Our Insights platform provides ready-to-use procurement research reports, latest supplier news, innovation landscape, markets insights, supplier tracking, and much more at the click of a button. Start your 14-day trial now.

The advent in robotics has enabled the integration of robots into multiple industries, leading to the automation of various processes and factory floors. Industrial robots, in specific, are manipulators designed to move materials, parts and tools, and perform a variety of pre-programmed tasks in a factory setting.

Category overview of the global industrial robots market

Industrial robots are most commonly integrated for performing tasks that are either too dangerous or not suitable for human beings. Tasks requiring high output with zero errors use industrial robots to get precise results. Commonly used industrial robots include the articulated, cartesian, cylindrical, polar, SCARA, and delta robots.

This upcoming report on the global industrial robots market identifies their key functions including soldering and welding, materials handling, assembling and disassembling, painting and dispensing, and milling, cutting, and processing. This procurement research report also assesses the growth potential of the products used across various end-user segments such as:

  • Automotive
  • Electrical and electronics
  • Chemical, rubber, and plastics
  • Machinery
  • Food and beverages
  • Precision and optics

The procurement research report on the global industrial robots market also offers insights into the supply, pricing, and market trends. It also provides an analysis of the category essentials to offer actionable insights to improve source-to-contract cycle performance. Additionally, this report on the industrial robots market also helps sourcing professionals develop improved category strategies, understand supplier and market challenges, increase ROI and implement sourcing best practices.

Read less

Key Features of Report

 

Supply Market Insights
Procurement Best Practices
Cost Saving Opportunities
Pricing Models
Negotiation Strategies
Category Risk Analysis
Key Supplier Analysis
Supplier Capability Matrix

 

Industrial Robots - Category Spend Analysis

 

According to analysts at SpendEdge, the increasing demand from SMEs for industrial robots is a key growth driver for the market. The SME sector has demonstrated an increasing interest in robotics and is expected to be a major contributor to the growth of the category in the coming years due to the immense untapped potential of this sector. Historically, SMEs have kept their distance from robotics fearing high maintenance costs, safety, and lack of expertise. However, the development of collaborative robots with enhanced safety features, coupled with their cost-effectiveness, has played a major role in countering these fears. Collaborative robots are also easier to operate. Most importantly, they can work alongside humans, thus, mitigating the fear of loss of jobs among workers. Collaborative robots are primarily targeted toward SMEs. It is expected that, by 2020, the installed base of collaborative robots in SMEs will exceed 40,000 globally. In developed countries such as the US, collaborative robots have increased productivity and reduced operating costs for SMEs. According to industry estimates, SMEs are able to realize direct cost savings of as high as more than 20% by deploying industrial robots at their facilities.

The strong demand from the automotive sector is a major driver for the industrial robots market. For instance, in the past five years, the automotive sector accounted for more than 51% of the incremental growth in demand. This strong demand is driven by the high precision, safety, and productivity offered by industrial robots. For instance, an industrial robot only takes close to 80 seconds to complete the welding of an entire car, while it can take several hours for a human to do the same, depending on his/her productivity levels. Similarly, robots can perform tasks such as the application of sealants and oil with greater precision compared to humans. Also, robots are immune to fatigue and feelings of monotony; therefore, can ensure consistency in quality. All these factors have increased the adoption of robots in the automotive industry.

Industrial Robots - Procurement Best Practices

 

One of the procurement best practices for buyers is to formulate an automation plan by collaborating with subject-matter, process, and operations experts. It is the imperative to validate the adaptability of a process to automation, as every process is unique and is impacted by factors such as industry, size, and cycle time. Hence, before automating any process, buyers must carefully assess every step of the process. It is important to know that every step of a process cannot be automated. For instance, in the food and beverages industry, the inspection of raw ingredients is still done manually, as the sensory capabilities of robots are limited. Buyers should consider automation for processes that are rule-based, has highly structured data, requires continuous input, and is prone to errors. Having an understanding of the suitable processes and exceptions can reduce the cost of automation for buyers and deliver a better ROI on their project.

Industrial Robots - Procurement Challenges

 

According to this procurement report, one of the key procurement challenges faced by buyers is the lack of senior management support due to the high cost of maintenance. The maintenance cost for an industrial robot can be substantial and on an average account for more than 40% of the total ownership costs. This cost can rise significantly if end-users have limited expertise in dealing with robots and the supporting infrastructure is poor. Recurring costs on repairs and maintenance can result in significant opportunity costs for buyers and erode any benefits derived from the implementation of industrial robots. Consequently, there can be significant resistance from senior management, especially those in SMEs, in terms of procurement of industrial robots where there is low awareness about the benefits of industrial automation.

 

Get unlimited access to all our reports. Our Insights platform provides ready-to-use procurement research reports, latest supplier news, innovation landscape, markets insights, supplier tracking, and much more at the click of a button. Start your 14-day trial now.

The advent in robotics has enabled the integration of robots into multiple industries, leading to the automation of various processes and factory floors. Industrial robots, in specific, are manipulators designed to move materials, parts and tools, and perform a variety of pre-programmed tasks in a factory setting.

Category overview of the global industrial robots market

Industrial robots are most commonly integrated for performing tasks that are either too dangerous or not suitable for human beings. Tasks requiring high output with zero errors use industrial robots to get precise results. Commonly used industrial robots include the articulated, cartesian, cylindrical, polar, SCARA, and delta robots.

This upcoming report on the global industrial robots market identifies their key functions including soldering and welding, materials handling, assembling and disassembling, painting and dispensing, and milling, cutting, and processing. This procurement research report also assesses the growth potential of the products used across various end-user segments such as:

  • Automotive
  • Electrical and electronics
  • Chemical, rubber, and plastics
  • Machinery
  • Food and beverages
  • Precision and optics

The procurement research report on the global industrial robots market also offers insights into the supply, pricing, and market trends. It also provides an analysis of the category essentials to offer actionable insights to improve source-to-contract cycle performance. Additionally, this report on the industrial robots market also helps sourcing professionals develop improved category strategies, understand supplier and market challenges, increase ROI and implement sourcing best practices.

PART 1: CATEGORY AT A GLANCE

  • TAKEAWAY 01 | Market Overview
  • TAKEAWAY 02 | Demand and Supply Snapshot
  • TAKEAWAY 03 | Key Market Dynamics
  • TAKEAWAY 04 | Supply Market Highlights
  • TAKEAWAY 05 | Pricing Insights
  • TAKEAWAY 06 | Procurement Insights

PART 2:  SCOPE OF THE REPORT

  • Category Definition
  • Research Methodology

PART 3: MARKET INSIGHTS

  • Category Spend Analysis
  • Category Maturity by Regions
  • Demand-Supply Shifts
  • Regional Demand-Supply Snapshot
  • Global Molasses Production Hubs
  • Market Developments
  • Regional Impact of Trends
  • Key Category Growth Drivers and Corresponding Regional Impacts
  • Major Category Growth Constraints and Corresponding Regional Impacts
  • Key Current Technological Innovations
  • Major Regulatory Frameworks
  • Strategic Sustainability Practices
  • Porter’s Five Forces
  • PESTLE Analysis

PART 4: SUPPLY MARKET INSIGHTS

  • Supplier Operational Capability Matrix
  • Other Prominent Suppliers by Region: Operational Capability Matrix
  • Supplier Functional Capability Matrix
  • Other Prominent Suppliers by Region: Functional Capability Matrix
  • Key Clients/Partners
  • Supplier Cost Breakup
  • Supplier Positioning Matrix

PART 5: PRICING INSIGHTS

  • Pricing Models Snapshot
  • Pricing Models – Pros and Cons
  • Indicative Pricing

PART 6: PROCUREMENT INSIGHTS

  • Major Category Requirements
  • Major Procurement Pain Points
  • Category Sourcing Evolution Matrix
  • Procurement Best Practices
  • Cost-saving Opportunities
  • Supplier Selection Criteria
  • Category Negotiation Strategies
  • SLA Terms
  • Supplier Evaluation Criteria
  • Category Risk Analysis

PART 7: TOP FIVE SUPPLIERS

  • ABB       
  • FANUC
  • DENSO 
  • KUKA   
  • YASKAWA

PART 8: APPENDIX

  • Glossary
  • Key Notes
  • About Us
Read less

PART 1: CATEGORY AT A GLANCE

  • TAKEAWAY 01 | Market Overview
  • TAKEAWAY 02 | Demand and Supply Snapshot
  • TAKEAWAY 03 | Key Market Dynamics
  • TAKEAWAY 04 | Supply Market Highlights
  • TAKEAWAY 05 | Pricing Insights
  • TAKEAWAY 06 | Procurement Insights

PART 2:  SCOPE OF THE REPORT

  • Category Definition
  • Research Methodology

PART 3: MARKET INSIGHTS

  • Category Spend Analysis
  • Category Maturity by Regions
  • Demand-Supply Shifts
  • Regional Demand-Supply Snapshot
  • Global Molasses Production Hubs
  • Market Developments
  • Regional Impact of Trends
  • Key Category Growth Drivers and Corresponding Regional Impacts
  • Major Category Growth Constraints and Corresponding Regional Impacts
  • Key Current Technological Innovations
  • Major Regulatory Frameworks
  • Strategic Sustainability Practices
  • Porter’s Five Forces
  • PESTLE Analysis

PART 4: SUPPLY MARKET INSIGHTS

  • Supplier Operational Capability Matrix
  • Other Prominent Suppliers by Region: Operational Capability Matrix
  • Supplier Functional Capability Matrix
  • Other Prominent Suppliers by Region: Functional Capability Matrix
  • Key Clients/Partners
  • Supplier Cost Breakup
  • Supplier Positioning Matrix

PART 5: PRICING INSIGHTS

  • Pricing Models Snapshot
  • Pricing Models – Pros and Cons
  • Indicative Pricing

PART 6: PROCUREMENT INSIGHTS

  • Major Category Requirements
  • Major Procurement Pain Points
  • Category Sourcing Evolution Matrix
  • Procurement Best Practices
  • Cost-saving Opportunities
  • Supplier Selection Criteria
  • Category Negotiation Strategies
  • SLA Terms
  • Supplier Evaluation Criteria
  • Category Risk Analysis

PART 7: TOP FIVE SUPPLIERS

  • ABB       
  • FANUC
  • DENSO 
  • KUKA   
  • YASKAWA

PART 8: APPENDIX

  • Glossary
  • Key Notes
  • About Us

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