E lectronic component and material manufacturers are bringing out new products for robots one after another. Robots, along with in-car equipment, hold immense market potentials and are expected to grow significantly compared with other industrial equipment. Manufacturers have been responding to the market need of improved robotic performance with the release of new products that have been developed based on novel technologies.

Research institutes expect the global industrial robot market will exceed ¥3 trillion in 2025. The market for advanced robotics, or the next generation robots that operate autonomously in the manufacturing floor, is expected to expand 3.1 times in the production and 1.8 times in logistic processes in 2021 compared to 2018.