Robot-Based Measurement Market to Reach $396.2M by 2026 Frost & Sullivan | So Good News
SAN ANTONIO — A recent analysis by Frost & Sullivan suggests that the global robot-based measurement market will reach $396.2 million by 2026.
Changes in automated manufacturing have led to a “paradigm shift” from manual metrology solutions to automated metrology solutions, the consulting firm said.
In addition, Integrated inspections in shop floor inspection processes are becoming increasingly necessary to perform measurements without human intervention to minimize errors and reduce the time required for inspection.
A combination of these and other factors help explain the market’s 15.8 percent year-on-year growth.
“With Industry 4.0, automated manufacturing is evolving and paving the way for automated measurements,” Shruti Bapusaheb Yewale, industrial research analyst at Frost & Sullivan, said in a statement.
“Furthermore, it will be critical for industries to integrate measurement and closed-loop control with automated manufacturing processes over the next five years.”
For robot-based metrology providers interested in capitalizing on growth opportunities, Frost & Sullivan recommends the following steps.
- Work closely with automotive manufacturers to drive product innovation and ensure compliance with safety and manufacturing standards.
- Develop systems that align the physical space with end-to-end factory visibility.
- Invest in expanding their product portfolio with advanced software capabilities.