Different research groups forecast the modular robotics industry to grow at rates ranging from 13% to 18% CAGR between 2018 and 2026. Robotics companies like Acutronic Robotics are tackling the main obstacle for growth in the industry: integration.
“A large number of modules, connected to each other forms a single robotic system”, describes Acumen research group, which forecasts the industry to reach USD 25 billion market volume by 2026, despite difficulties in integration.
“It is very difficult however sometimes for a modular robot to be made, since hardware modules are owned and sometimes incompatible by different manufacturers. The system integration process becomes complex because of this incompatibility. A number of manufacturers (including Acutronic Robotics) build common integration platforms in order to simplify the integration of modular robotic systems”, considers the market intelligence provider.
Modular robotics is indeed becoming one of the key drivers for growth in the broader automation industry, due to the increasing flexibility needed at production lines with changing requirements. Automotive and electronics are the main manufacturing sectors leading growth of modular robotics. However, other industries like plastics, rubbers, chemical products, metals and machinery, food and drinking, precise engineering and optics, and pharmacology and cosmetics are also seeking this sort of automation solutions.
Among different modular robots, modular collaborative robots are expected to experiment considerable growth in the next few years. "Significantly automatic industries like automotive and electronics, prominent industrial robots users, use collaborative robots to perform certain tasks with traditional industrial robots", considers Acumen Research. The significant development in gripping systems is also allowing fast growth in the modular collaborative robots segment. In this field, Acutronic Robotics has agreements with leading gripping systems providers like DH Robotics and Robotiq in order to make their products compatible with the MARA Robot and fully modular and compatible with other hardware in the ROS2 ecosystem.
The Asia Pacific region, followed by Europe will lead growth in demand for modular robotics solutions. The importance of automotive and electronics in China, South Korea or Japan, linked to upwards pressure from the labour costs side, will spur investment in automation in the Asian region. Likewise, Europe will invest heavily in modular robots for the automotive, F&B and e-commodities industries.