Technology Industry
Industry: Email Alert RSS FeedROBOTICS SOFTWARE BRINGS SOLUTIONS TO FACTORY FLOOR.(Industry Trend or Event)
Electro Manufacturing, April, 2000
A new generation of simulation and off-line programming is bringing needed solutions to the U.S. industrial robotics market. According to the new strategic research by Frost & Sullivan ( www.frost.com ) "U.S. Industrial Robotics Simulation and Control Software Markets," this industry is estimated to have a market value of $4.6 billion, and revenue growth is expected to increase by 28.7 percent by 2003. This industry segment will begin to provide solutions for the more than 125,000 robots that were installed in North American manufacturing facilities since 1960.
"A whole new industry of easy-to-use and ready-to-deploy software products is now emerging," said Frost & Sullivan senior analyst Lance Gordon. This new software will replace the out-dated technology...
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