The global Robot Teach Pendant Market is estimated to be valued at US$ 195.9 Mn or Mn in 2023 and is expected to exhibit a CAGR of 5.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
A robot teach pendant is a handheld user interface device that helps program and control an industrial robot. Robot teach pendants offer advantages such as remote control, easy programming, and debugging of industrial robots.
Market key trends:
One of the major trends in the robot teach pendant market is the growing adoption of portable and wireless teach pendants. Portable teach pendants allow robot programmers to control robots from any location in the workcell without being physically wired. This provides more flexibility and ease of use compared to traditional wired teach pendants. Additionally, wireless teach pendants eliminate cord tangling issues and improve mobility. Various robotics companies are focusing on developing wireless teach pendants with advanced features to gain market share. For instance, in 2022, Comau introduced its new wireless teach pendant WTP-W for collaborative robots to enable on-the-go robot programming.
Market Key Trends:
The Robot Teach Pendant Market is witnessing increased demand for energy efficient teach pendants along with demand for IoT integrated teach pendants. Earlier teach pendants used to be tethered units connected with heavy cables. However, the newer teach pendants are wireless in design facilitating untethered robot programming and interaction. These wireless teach pendants have inbuilt batteries allowing mobility and flexibility to users. Manufacturers are also integrating teach pendants with IoT which allows remote monitoring and operation of industrial robots. This helps in predictive maintenance and improves productivity.
SWOT Analysis
Strengths: Teach pendants offer an intuitive and interactive interface to program industrial robots. This simplifies robot programming and shortens the training requirements for operators.
Weaknesses: Traditional teach pendants require frequent cable replacement which increases maintenance costs. Early wireless teach pendants had limited battery backup.
Opportunities: Growing deployment of collaborative robots in SMEs is expanding the teach pendant market. IoT integration of teach pendants allows remote assistance and over-the-air updates.
Threats: Open-source robot programming software can reduce the demand for proprietary teach pendants from large robot makers. Rising usage of augmented reality for robot programming poses threat to teach pendants.
Key Takeaways
The global Robot Teach Pendant market is expected to witness high growth, exhibiting CAGR of 5.0% over the forecast period, due to increasing deployment of industrial robots across automotive, electrical & electronics and food & beverage industries.
Regional analysis: Asia Pacific dominates the Robot Teach Pendant market and is expected to grow at the fastest rate during the forecast period. This is attributed to large electronics and automotive manufacturing base in China, Japan and South Korea. These countries are rapidly automating their factories with robots to counter increase in labor costs.
Key players operating in the Robot Teach Pendant market are ABB Ltd, Fanuc Corporation, KUKA AG, Omron Adept Technologies, Inc., Yaskawa Motoman, COMAU S.p.A., DENSO Robotics, Epson America, Inc., Festo, Intelitek, Mitsubishi Electric Corporation, Nachi Robotic Systems Inc, Stäubli International, Yamaha Robotics Inc.
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