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Fiberglass Cutting Robots Market

Fiberglass is a fiber-reinforced plastic where the reinforcement fiber is comprised of fibrous silicate glass material with varying amount of oxides such as calcium, magnesium, and boron. Fiberglass is getting popular over aluminum and other metals due to its lightweight property and greater ability to resist heat and hazardous chemical materials. Common applications of fiberglass include electrical insulation, thermal insulation, and mechanical reinforcement. Fiberglass requires a high precision cutting operation to make it useful for industrial applications. However, the cutting operation of fiberglass creates critical health issues for workers due to the release of injurious fiber dust in the air during the cutting process. Thus, incorporation of robots in fiberglass cutting process reduces the health risk for workers. Similarly, fiberglass cutting robots are replacing CNC machines at a faster pace due to high precision cutting technology. Dedicated fiberglass cutting robots are implemented in the industrial sector to perform the cutting task under hazardous environments. Multiple spindles are incorporated in fiberglass cutting robots to change the media or tools so that the robot can be used for multiple applications within a single work environment.

Technavio’s analysts forecast the global fiberglass cutting robots market to grow at a CAGR of 10.56% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global fiberglass cutting robots market for 2017-2021. To calculate the market size, the report considers the sales in volume.

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The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio’s report, Global Fiberglass Cutting Robots Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• ABB
• FANUC
• Kawasaki Heavy Industries
• KUKA
• Yaskawa Motoman
Other prominent vendors
• ARCOS
• ATI Industrial Automation
• Dynamic Robotic Solutions (DRS)
• Genesis Systems
• RobotWorx
• Romheld Automation
 

Market driver
• Growing usage of fiberglass in automotive plants
• For a full, detailed list, view our report

Market challenge
• Growing operational difficulties due to complex technology
• For a full, detailed list, view our report

Market trend
• Increasing demand for smart factory
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
 

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You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Technavio Announces the Publication of its Research Report – Global Fiberglass Cutting Robots Market 2017-2021
Technavio recognizes the following companies as the key players in the global fiberglass cutting robots market: ABB, FANUC, Kawasaki Heavy Industries, KUKA, and Yaskawa Motoman.

Other Prominent Vendors in the market are: ARCOS, ATI Industrial Automation, Dynamic Robotic Solutions (DRS), Genesis Systems, RobotWorx, and Romheld Automation.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing demand for smart factory. With the need to have a streamlined operation in an industrial environment, organizations are continuously revamping the overall process to attain an optimized and closed infrastructure. This need for a closed infrastructure paved the implementation of connected machines and devices in the industrial set-up. Organizations are trying to integrate factory floor inputs and business-level strategies to have a streamlined infrastructure. With the increasing demand for integration, the need for Industrial Internet of Things, cyber-physical systems, and cloud computing will have a focused solution for end-user industries. As with the concept of Industry 4.0, many manufacturers are still in the process of understanding the solution leading to a better awareness toward smart factories.

According to the report, one of the major drivers for this market is Growing usage of fiberglass in automotive plants. Aluminum is gradually losing the popularity in the automotive industry due to the presence of dimpling effect on the body. Additionally, aluminum is highly susceptible to corrosion that weakens the strength of the end-product over the time period. Thus, the automotive industry is inclined more toward using fiberglass due to its high strength and low corrosion property. Similarly, fiberglass does not provide any simple effect on an automobile body. As the use of fiberglass is surging in the automotive industry, it also creates a complementary market for cutting tools. Fiberglass cutting robots are gradually proving their benefit over CNC machines in terms of productivity and cycle time in the automotive sector.

Further, the report states that one of the major factors hindering the growth of this market is Growing operational difficulties due to complex technology. The selection of an accurate coordinate frame is highly desired to get satisfactory outcomes in fiberglass cutting process. It is highly required to verify the frame, direction, and speed of the robot movement as per specification so that the collision of tools can be avoided.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit- https://www.technavio.com/report/global-fiberglass-cutting-robots-market

Technavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit- https://www.technavio.com/industries/robotics
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Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.

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