Robots Helping Improve Warehouse Operations!Posted by sainath on November 1st, 2018 Many other general-purpose machinery manufacturers are using robotics and automation to improve assembly and warehouse operations efficiency. Sensors are being used in various machines to access invaluable data for improving efficiencies and reduce potential breakdowns. For instance, according to a report by Boston Consulting Group (BCG) in 2015, 1.2 million industrial robots are expected to be deployed by 2025, thus indicating rise in automation and robotics technology adoption to improve productivity and reduce production costs. THE BUSINESS RESEARCH COMPANY VALUED THE OTHER GENERAL PURPOSE MACHINERY MANUFACTURING MARKET AT USD1 TRILLION IN 2017 Asia Pacific was the largest geographic region in the market, accounting for two-fifth of the global market share. According to The Business Research Company’s Consultant, Nitin Gianchandani, machinery manufacturers are re-allocating their production plants closer to consumer markets to reduce costs and offer high quality products to customers. Rapid wage increases, rising transportation costs and the difficulty of effective quality control at offshore locations are leading them to re-assess the attractiveness of off-shoring production locations in the developing countries. These factors are encouraging many companies to relocate production closer to their markets. Download a sample of the report at: https://www.thebusinessresearchcompany.com/sample.aspx?id=354&type=smp Caterpillar was the biggest player in the other general purpose machinery manufacturing market, with revenues of USD46 billion in 2017. Caterpillar’s strategy focuses on improving solutions to help customers to build a better world and allows company to deliver profitable growth for their shareholders. Other general purpose machinery manufacturing market is primarily engaged in manufacturing pumps and compressors, such as general-purpose air and gas compressors, nonagricultural spraying and dusting equipment, general purpose pumps and pumping equipment (except fluid power pumps and motors), and measuring and dispensing pumps. Other General Purpose Machinery Manufacturing Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at USD6000 for an individual user. To use across your office, the price is USDD9000 and USD12000 if you wish to use across a multinational company. About The Business Research Company Visit TheBusinessResearchCompany.com, mail info@tbrc.info or call +447443439350 or +918897263534 or +919160996838 for more information on this and many other titles. The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research. It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology. The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations. Contact Information. The Business Research Company Europe: +44 207 1930 708 Asia: +91 8897263534 Americas: +1 315 623 0293 Email: info@tbrc.info Like it? Share it! More by this author |