More than 517,000 new industrial robots were installed in factories worldwide in 2021 and now 3.5 million robots are carrying out industrial tasks.
That’s according to the latest report by the International Federation of Robotics (IFR) that predicts the industrial robot market will be worth $122 billion in 2023.
It won’t be long before these figures are just another anecdote, in a sector that is growing by over 30 per cent a year and which is increasingly expanding into other sectors, from logistics and transport to domestic tasks.
While users are being blown away by the inventiveness and analytical power of ChatGPT and other AI tools, or by the capabilities of autonomous vacuum cleaners, the future for robots looks hopeful.
According to BCC Research, the industrial robotics market will be worth $122 billion this year, with the service robotics market valued at close to $24 billion and medical robotics at $20 billion. Robots have begun to change the world. They are no longer a dream for the future; they are shaping our here and now.
“Robotics is constantly evolving and increasingly intelligent and autonomous robots are being developed that are capable of adapting to variable situations and performing increasingly complex tasks”, explained Carla Gómez Cano, co-founder of TheKer, a robotics development, artificial intelligence and computer vision start-up.
“Collaborative robotics, that allow robots to work in teams with humans, is another growing sector within the industry”, said Cano. The Catalan start-up has also recently been selected from more than 4,000 candidates from 115 different countries as one of six finalists in the Industry 4.0 & Autonomous Machines category at the Hello Tomorrow Global Challenge.
AI and collaborative work with robots
Artificial intelligence has advanced significantly in recent years, playing a key part in the development of cognitive robotics. This branch of robotics focuses on developing robots capable of interacting with their environment autonomously and learning from experience in a similar way to human beings. Cognitive robots are able to perceive, analyse and respond to complex and variable situations in real time, adapting autonomously to changes in their environment.
“In the future, cognitive robotics will play an increasingly important role in the automation of processes and tasks, allowing companies to be more efficient and productive”, said Albert Badías, another member of TheKer’s management team. “Cognitive robots will also be able to perform increasingly complex and varied tasks, improving people’s quality of life and contributing to the general development of society.” The existence of machines capable of collaborating safely with humans will be key to the growing use of robotics not only in industry, but in other areas too.
The expert noted that robots are much more common in industry than in other sectors, but their use is spreading to services, domestic work and the social sector. “There are already robots designed to perform cleaning and security tasks in public spaces such as airports and shopping centres, robots designed to perform household tasks such as cleaning, cooking, and caring for the elderly and children, and robots that are able to interact with people and help with tasks such as teaching, therapy, and caring for people with disabilities.”
Robots as a service
One of the greatest barriers preventing companies and individuals from taking advantage of advances in robotics is the cost. However, new technological platforms and the robot-as-a-service (RaaS) business model are helping to overcome this obstacle. RaaS allows companies to use robots without having to buy or maintain them directly. This market is undeniably growing: according to MarketWatch, the market will be worth over $16.4 billion in 2022, reaching $43 billion by 2028.
The RaaS model, like other pay-per-use systems, allows users to reduce their capital and maintenance costs, giving them permanent access to the latest technology without having to invest in their own research and development, providing a wide range of adapted applications so they can operate on a flexible and scalable basis: adding or reducing the number of robots they use in line with the real needs of the business.
“Robotics can boost the economic and social progress of communities and countries that adopt this technology. It can improve industries’ efficiency, productivity and safety, which in turn can increase competitiveness and economic growth. It can also help tackle social issues such as labour shortages, job security, and reducing workloads in certain sectors”, concluded Cano. “The democratisation of robotics through models such as RaaS will help to overcome the barriers to adoption of technology, making it more accessible and affordable.”