Metal Casting Technologies : MCT-3RDQRT-2017
16 www.metals.rala.com.au FEATURE FEATURE METAL Casting Technologies 2nd Quarter 2017 17 March of the machines oday the industrial robotics market is booming. According to market intelligence firm Tractica, it will be worth more than US$150 billion by 2020, up from $28 billion in 2015. This upward trend is being driven by an ongoing decrease in robot cost and ever increasing robot capability. According to The Boston Consulting Group, an American management consulting firm, the price of industrial robots and their enabling software will drop by 20 per cent over the next decade, while their performance will improve by 5 per cent each year. They expect the percentage of tasks handled by advanced robots to rise from 8 per cent today to 26 per cent by the end of the decade, largely driven by robot purchases in China, Germany, Japan, South Korea and the United States. With their ability to enhance productivity, minimise wastage and circumvent labour issues, robots are revolutionising foundry operations. According to London-based technology research and advisory company Technavio, the global foundry and forging robots market will display an average annual growth of more than 7 per cent over the period 2016-2020. The Asia- Pacific market will lead the way, growing from US$934 million in 2015 to US$1.4 billion by 2020. If the reasons for foundries to use robots are nothing new, then the nature of the automated systems available to them are. Three key robotics technologies – vision systems, collaboration and force sensing – are improving robot versatility while lowering implementation costs. For metal casters, this makes the ever more compelling investment in automation far more than just a labour-saving strategy. T By Daniel Allen Foundry automation is more compelling than ever before Reasons for ROBOTS ABB's YuMi is a dual-arm industrial robot with flexible hands and camera-based part location that can operate in very close collaboration with humans thanks to its inherently safe design.
MCT DEC 2017 (4TH QRT)